Quote from: JayJuanGee on Today at 08:17:23 PM

Quote from: Pi-network314159 on Today at 03:30:16 AM

Quote from: Catenaccio on April 23, 2025, 01:42:31 AM

Quote from: ejikeme24 on April 23, 2025, 12:09:02 AM

Isn't that obvious that he's just making an assumption? Moreover I think the wise and the rich are the ones that engage themselves in buying bitcoin aggressively the most, reason is because they have a steady source of income that they can use to load thier discretionary income so as to enable them invest with any amount they wish to go with

You can be an intelligent investor, and get success as well as great profit with Bitcoin investment if you have a proper capital management and investment strategy.

Well @Catenaccio your explanation might look appealing or good to you about ejikeme statement, but I expected more explanation from you, like saying that investing aggressively has nothing to do with only the Rich but it's an individual capacity to invest consistently with what they can afford to lose. First and foremost who do you consider to be rich? For me everyone is rich according to their level of income or their net worth. I might have a total net worth of $2k and consider myself rich to a person who's net worth is $1k. and a person of $1k will see himself richer than a person with $500 worth. So in Bitcoin investment don't think that it is %100 guaranteed that a person with higher net worth or high income must invest higher. Some folks may be rich but chose to be whympy in terms of investment than an average person.

Of course there is a difference between income and networth, and as we know many folks earn an income and they spend from their income for expenses, so if they have any money left (usually referred to as discretionary income), then they can build networth from their discretionary income. Sometimes folks will also have assets transferred over to them, so they do not necessarily consider spending their assets, unless their current income does not cover their intended expenses.

Quote from: Pi-network314159 on Today at 03:30:16 AM

Quote from: Catenaccio on April 23, 2025, 01:42:31 AM

Then in investment management, you don't need to purchase bitcoin aggressively, it has nothing to do with your success.

As far as I know there is nothing wrong investing aggressively provided you have a strong financial backup that can sustain your emergency, discretion and backup funds. Aggressive investment helps to increase the level of ones portfolio and will leed to meeting up your accusation timeline quickly. But The only problem about investing aggressively is when you don't have a strong financial backup, it better you don't invest aggressively. Because if you try it, it will make you use or spend your discretion and emergency fund. after you might have end up using off all your emergency fund plus discretion fund, entually it will leed to selling off your Bitcoin.

So in the aspect of aggressive investment, it is good to be aggressive but when you don't have a strong financial backup system then your aggressive investment becomes overaggressive.

You have a strange way of expressing these matters. The general state is that guys build up emergency funds and reserve funds as various forms of back up funds, and so the build up of back up funds comes from discretionary income.

Generally speaking, the extent to which someone is aggressive or not comes from spending within his discretionary income, so if he is spending beyond his discretionary income then he may well be being overly aggressive unless he is spending from his reserve funds, but if his reserve funds are getting depleted down to a point in which emergency funds might need to be spent, then that level of aggressiveness may well be overly aggressive... .. so guys do have to keep track of their level of aggressiveness, and if they overdo it, they might not know immediately, and they may even get lucky in terms of not running out of funds or suffering any cash shortage issues.. evn though we know that every month there is some need to balance out spending and figuring out how much discretionary funds to spend on what kinds of things, whether consumption or investment.

Quote from: Pi-network314159 on Today at 03:30:16 AM

Quote from: Catenaccio on April 23, 2025, 01:42:31 AM

If aggressively purchases mean something like loans, leverage, it's not good strategy.

Actually taken loan to invest may not be totally being aggressive provided you can be able to pay back the loan with your source of income, but if your income generation per month is withing the axis of $1k and you are taken a loan of $5k with interest rate of maybe %20 per month and you are hoping to pay back gradually from your salary and you know that this will affect your afterwards then you are investing overaggressively.

This sounds correct, even though your example is a bit unrealistic. Surely getting a loan to buy bitcoin may well be reasonable depending on the terms of the loan.. the length and the various fees, and surely if a loan has an interest rate of less than 6% annualized, it may be reasonable, but even if loan terms are reasonable, it might not be a good idea to get a loan, even though guys can decide what they want to do from their circumstances.

Quote from: Pi-network314159 on Today at 03:30:16 AM

Quote from: Catenaccio on April 23, 2025, 01:42:31 AM

Investment success has nothing related to your investment capital like whether it is big or small.

I think you are a little bit lost in your proclamation, if investment capital weather big or small does not have anything to do with your success then what else will determine your success. As far as I know the capital invested in Bitcoin either big or small constantly is the reason why Bitcoin portfolio increase overtime couple with volatility. What else do you want to explain?

Historically, guys have profited quite well from bitcoin, even with relatively small investments, but past performance does not guarantee future results... and yeah, you are correct with the point that the more you invest, the more ability that you have to profit, as long as you are managing your cashflow well. Some times guys will make mistakes with their overinvestment, and even contribute to their own emotions when the BTC price falls, they may well have troubles tolerating the downward volatility due to their level of investment,. and they might not realize that they had overinvested until going through some kind of an extended period of downward BTC price movements.

Some guys who might have come to bitcoin ONLY in the past 3 years might not really realize the impact of extended downward bitcoin price movements, since bitcoin prices have mostly been up in the past 3 years. Sure there have been some downward movements, yet if they came to bitcoin after mid-2022, they might have had been accumulating during that time and not realized the difficulties that come from going through extended periods of down.. after having had already established a bitcoin position.

The good thing about this extended downward period is that it allowed some of those investors from the past 3 years to truly experience what it means by the volatility of bitcoin. Sometimes people are over zealous until the see the two phases of the sledge hammer. This prolonged downward period is coming at the very right time after hitting a staggering ATH leaving people thinking about upwards movement alone. Bitcoin lesson is continuous. A person who got into an adventure that you feel it's all gain, this is the time to also restrict investment to only discretionary income which would help you not to worry about market bias