Quote from: Barikui1 on Today at 07:37:21 AM

Quote from: Gost ms on Today at 03:22:18 AM

Quote from: Odohu on May 13, 2025, 10:55:47 PM

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 very well 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.

To be honest, I completely agree with your opinion. A lot of Bitcoiners often get carried away with the “stack as much as possible” mentality while forgetting that real life does not pause for anyone just because you're stacking sats. If you're putting 70% of your income into investments without taking care of your primary needs first, you're setting yourself up for financial disaster down the line.

The truth is if you can not comfortably foot your basic needs like rent, food, transport, and still have little savings for emergency stuffs, you very likely to to be left with no other option but to dip into your holdings. And when that moment comes, it usually doesn’t coincide with a market top, it does happen during a dip or crash. If that happens, you'll not just be forced to sell, you'll be selling at the wrongest possible time just to meet your basic needs.

Many traders does underestimate the importance of balance. It’s actually not weak or “not committed enough” to only invest 10–15% if that’s what your financial strength can comfortably carry. That’s actually being smart with your trading/investment decisions. It helps keep your mind at ease while you enjoy a stable lifestyle and most importantly, it keeps you in the game long term.

People who invest out of excitement instead of being logical and strategic in most cases end up with less than those who pace themselves wisely and that's because consistency beats intensity.

So yeah, I totally concur that investing is key, but it’s not wise to build on a weak foundation. While you're trying to invest for the future, try and handle your basic responsibilities first before you can start investing your assets so that when dip happens, you'll have the financial strength to make the best out of it instead putting yourself in a financial chokehold. That’s how you actually hold long term.