Post
Topic
Board Beginners & Help
Re: Newbies don't buy bitcoin over aggressively.
by
HajiBagi
on 10/05/2025, 17:57:42 UTC
This is to all newbies who wants to start their bitcoin long-term investment. It's good that you figure out how much you can use from your extra cash to invest in bitcoin from your income. This will enable you buy whenever you have received your income using DCA strategy. You shouldn't use money for your basic needs to buy bitcoin and start starving yourself or endanger your health. If you do that, you are only punishing yourself and gambling with your health because you will finally sell the bitcoin that you bought when you can no longer cope with the punishment.

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.

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

As a newbie if you want to invest in Bitcoin you have to a person who has a source of income, those should be capable of investing in Bitcoin should invest their capital in Bitcoin just because they want to earn a profit, Bitcoin is an unpredictable investment that no one knows when the price will increase or decrease that is why it is also called a long time investment, Bitcoin is not an investment that anyone will think they can do it because it requires many things.

Apart from learning about Bitcoin, there are things a newbie needs to have and also know before thinking about how he or she can invest in Bitcoin, have the money to buy Bitcoin, the courage to buy and hold for a long time when the market is not good because there are some people who can not hold their Bitcoin for a long time, these are some things that are very important before making any decision about Bitcoin.