Quote from: Makus on Today at 09:58:10 PM

Quote from: Furious 7 on April 27, 2025, 09:34:47 PM

I actually feel that in this case this is not the important point. Although it is not wrong to make aggressive purchases, it is also not something that everyone can do because after all, making aggressive purchases must be supported by adequate financial conditions.

The main point is about how we live and what our financial conditions are, because in the end making aggressive purchases can also make you trouble yourself when your financial condition is bad so in this case the thing that must be considered is our financial condition in the sense of whether our income can support our living needs in the expenses and investments that we make because in the end if we are not able to balance it, making aggressive purchases will only confuse you to accept the risks that we have to face.
We invest because we are able to accept the risk and making aggressive purchases is actually optional as long as we can and are able, then this is possible to happen but when we are indeed considered unable to face the risk, then do another purchasing method, don't push yourself too hard.

It is strongly advised to invest with descritiinary income so you don't end up running back to your portfolio each time you encounter any problem financially. Besides, setting up an emergency fund can help solve some unforseen circumstances that requires financial intervention, only then can you make an aggressive purchase without worrying about little unforseen problems. It becomes really easy to switch accumulation strategies or apply a mixture of strategies when you have a reserve fund for any emergency situation, at least a reserve fund which is equivalent to 3 month salary. What we need to consider as investors is, being able to remain comfortable with our investments in respect to our risk tolerance that is, I'll be unwise to have an upcoming project which may require your accumulated reserved fund, yet you're still making aggressive purchases. Though I understand opportunities don't last forever but like I said earlier there is no point making aggressive purchases when your reserved fund is not in place, at least your reserve fund should be your plan B should incase problem arises.

Therefore, financial management is the most crucial part that must be applied when we invest, especially when we are in bitcoin so that we do not let problems from a financial point of view occur we do not immediately make the decision to take from the portopolio that we have because we certainly realize that we have long-term goals and things like this will feel ridiculous if we try to invest with any strategy and method but when we have financial problems we are confused because our money runs out which results in us immediately leaving the investment we are doing just because we want to make a living.
Not that this is not allowed but to become a good investor we need to prepare this from the start because this is the basis for us to become someone who is strong-handed in the hodl that is done.

If the financial management that we do is well organized then we actually already know what we have to do with the investment methods or strategies that we are ready to execute without having to think about whether our economy is sufficient or not because we have organized and planned this carefully then the investment will run according to what we want.