Quote from: JayJuanGee on May 03, 2025, 07:47:45 PM

Quote from: Felicity_Tide on May 03, 2025, 07:04:04 PM

And a quick question, I feel I have being quite obsessed with accumulating in fractions consistently, rather than the DCA. Trying to accumulate in fraction has been quite fun though, since I sometimes have to spend more than usual, or spend less than usual due to price difference. Do you think that this approach is quite aggressive?.

Personally, I attempt to define level of aggressiveness based on how much of a person's discretionary income is being spent on bitcoin, and so each of us has to figure out how aggressive that we want to be or that we are able to be, and a person who is customizing his weekly bitcoin buys in order to attempt to buy more BTC is going to end up having an ability to be more aggressive than a person who sets their bitcoin DCA automatically at the same amount every week.

Each of us has to figure out how aggressive to be without overdoing it, and surely, as we frequently discuss, it could take a guy several years to merely build up both his bitcoin investment and his emergency funds to both equal 3 months of his expenses (or his income), and going by your forum registration date (just past your first year on the forum and presumptively accumulating bitcoin during that time), if you have already built up your emergency fund and you got your bitcoin investment up to 3 months of your expenses, then you may well be doing quite well in terms of your progress in regards to building your bitcoin holdings and also your ability to be more aggressive in your bitcoin investment if you have your emergency funds built up to at least 3 months... yet surely many of us also want to have back up funds that go beyond merely having 3 months of emergency funds.

Yeah, I believe it makes sense to define aggressiveness in Bitcoin investment based on discretionary income. And that’s why it’s crucial for everyone to find a balance that really works for them and suits pretty well with their risk tolerance level and their financial goal.
Of course, when an individual chooses to customize their weekly buys, it can potentially contribute to that individual being more aggressive, while Automated DCA on the hand may turn out to be more effective when considering stability.
Additionally, it’s also crucial to consider building one’s Emergency or backup funds and their Bitcoin portfolio simultaneously as this encourages and offers financial security during several market conditions while targeting long term success.

One of the importance of having a solid backup fund is that, it provides the investor a good level of investment security, peace of mind and of course flexibility. At least 3 months of one’s living expenses is worth aiming for and could be considered to be a pretty solid emergency fund.
It’s also very essential to balance one’s Bitcoin accumulation with other financial goals/plans, this way it’ll help one to know how to effectively manage their resources and incomes. Knowing how much portion of their income should be allocated to their portfolio/Bitcoin holdings while also prioritizing other aspects of their financial life, like Emergency funds, float funds, loan repayments and other financial objectives.

To be able to achieve this, there are several important questions every investor should ask themselves, questions like. 1. What strategies would be more effective to manage risks and also maintain stability in your financial life. 2. How many percent of your income/portfolio is/should be allocated to your Bitcoin investment and 3. Does your Bitcoin investment and strategy really align with your overall financial goals/plans?
And if these questions are asked and answered, then the investor would have a more vivid view and a clearer judgement and perspective to make more informed decisions that’ll be able to align perfectly well with their current and overall financial goals and objectives.