Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Barikui1
on 14/05/2025, 07:37:21 UTC
It is obvious that a lot of you are mistaken aggressive investing for something else because it does not mean that you should ignore other important things such as using only discretionary income, setting aside emergency funds and other minor details. Let me give example to make the explanation easier. Assuming someone have been able to work out his discretionary income might decide to invest as high as 70% of it by cutting down on unnecessary spending and channeling everything to Bitcoin. This shows the level of passion and commitment on the side of such investor. Others in his situation may not want to go above 50% of their funds to be invested into Bitcoin.


If a new investor decides to invest 70% of their income initially, they may be alarmed by small market declines. If a new investor invests 70% initially, they may become very anxious. They should invest small amounts so that they are less likely to get emotional about their investments. It is very difficult to determine how to maintain their psychological balance.
It's basically a wrong approach and strategy to be investing more than 15% of your income because when your basic needs is not properly taken care of, your might be compelled to temper with your holdings if their is no solid emergency  or back up fund's in place to Carter for that pressing financial needs that arises at that particular time.
Anyone that decided to invest 70% of his net income is actually crazy in my own opinion because it will be just a matter of time before he dip his hands into his holdings, because even though he doesn't have responsibilities 30% of his income is way too small to Carter for his basic needs till his next paycheck arrives, so in my own opinion, investing 70% of your income weekly or monthly is just too much for an investor not to temper with his holdings on the longer run.