Bitcoin investment should be done with ease by using only your discretionary income to invest gradually, that will relieve you from financial stress, and enable you to control your emotions when there is a dip in price to achieve your long-term goal. If you prevent yourself from living a normal life, and go to a lower standard of life, you can die before your time.
Bitcoin is not a must investment if you can’t afford it. Forcing yourself to invest will only mean you causing some negative consequences to your self, like having to touch your investment to sought out something important in your life. Only invest in bitcoin with money you don’t need for urgency sake or emergency funds, it’ll make you have a smooth running investment.
Over aggressive buying means buying bitcoin with money that is not your discretionary income. Only invest with the amount of money that you can afford to lose.
What are your thoughts on this
Only investing with the amount you can afford to lose is not a term to be used for bitcoin. Who has held bitcoin for a long time and not get to reap the rewards of their patience? I think no person has that ever happens to. Those that lost to investing in bitcoin are those that sell panic and not those that held for long till the price reach the point to sell at profit. So only invest in bitcoin with your discretionary money that you don’t need for as long as you need to keep holding to your investment in bitcoin.