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Topic
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Merits 1 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
bitzizzix
on 26/04/2025, 02:53:34 UTC
⭐ Merited by JayJuanGee (1)
As long as we are able and can balance it with the income we have, why not? There is nothing that prohibits us from aggressively buying bitcoin, in fact it can be a pretty good thing, it just needs to be underlined that in this case we have to see whether we can minimize the risk or not because this is clearly closely related to our financial condition.

If we really can't balance it, it might be better not to do it, but when we can balance the income we get, the expenses we make and of course the investment, then I think there is no problem, in fact it will be a pretty good thing because we have the potential to get more bitcoins.

I personally want to do that but I realize that my financial condition is not good enough to handle aggressive purchases because I also have many needs so I don't do it, but that doesn't mean we shouldn't make aggressive purchases because as long as we can, do it.
Therefore we must be able to balance our income, at least there is a fixed monthly salary so we can still invest normally or aggressively depending on how our own expenses are managed.

Because I myself cannot force it when it cannot balance with monthly income, investing as usual does not need to be aggressive, it's just that we usually always have a monthly incentive, so that is what is used to buy bitcoin, so it can be said to be a little more aggressive in purchasing bitcoin.

Sometimes I am the same, sometimes monthly expenses are not decisive, therefore every time I get an incentive from the office, it is specifically for buying bitcoin, while monthly expenses can still be covered by salary.

You should not be aggressive in collecting Bitcoin, but you can do it according to the DCA method. Whenever you invest according to the DCA method, your investment will be balanced and you will be able to keep it for a long time by following the DCA method regularly. However, if you face a financial crisis even on a monthly basis, you can avoid your bad expenses, because you will eliminate your bad habits and add the money you save from there to your investment.
The more money you can add to Bitcoin investment, the more Bitcoin you will be able to accumulate at the end of the year, we will definitely be able to keep it for a long time by only collecting money and investing Bitcoin regularly.

As I said before, there is no prohibition whatsoever and from anyone to be aggressive because it is allowed as long as we can minimize the risk and pay attention to our financial condition. As long as you are able to be aggressive why not because no one can forbid you from doing that when we are able but again what are our qualifications like, if indeed we are still tight in terms of the finances we have why force ourselves to be aggressive because it can harm ourselves, but when we do have more finances it is not wrong to take a more aggressive approach as long as we understand the risks.

It does not mean that in this case we are not allowed to DCA because it is also one of the good purchasing methods but in the end we cannot force our will as if DCA is the only method of collecting bitcoins and everyone has to do it, the concept is not like that, my friend.

Any form of purchase or collection of bitcoins with any strategy or method as long as it is in accordance with the finances we have, everything can be done and we do not have to tie ourselves to just one method, as long as we are ready with all the consequences and of course financial security from the income we have and the expenses we make and the investment which is the main point in this case can be balanced, then everything can be done.
In short, if you know what investment is, then you will understand the importance of DCA and also the importance of adjusting it to our income which must be done carefully and on target. Investment is different from trading which does not require you to make aggressive purchases or buy in large amounts at once, all forms of investment must be done for the long term and this long term provides an opportunity or opportunity for us to make purchases routinely consistently and in accordance with our abilities and travel goals so that the investment made runs well without any worry because you are using discretionary money. So being aggressive is not required and also does not have to be forced because if you continue to make purchases routinely as long as it is not done carelessly until the profit you want is achieved, then the profit you get will be the same as the profit obtained by people who make aggressive purchases because what determines the results is how long you do it and also consistently. Everything that is conveyed here is good and for the good so as not to lose and regret, especially aggressive purchases using emergency funds or reserves and this must be considered carefully because there are unpleasant consequences that must be accepted when you really need it and it has the potential to destroy your investment.