Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
SuperBitMan
on 29/06/2025, 08:53:17 UTC
[edited out]
Yeah you are right JJG he also did have a relatively bad (not so good) BTC purchase towards the top of the 2017 market, this may be as a result of not having a backup funds, an investor may be so determined and consistent with his or her investment but along the line for some time or season stop accumulating because he or she wants to solve or settle an emergency that came up, but with a backup funds you can solve your emergency without it obstructing your accumulation process.

I was describing a guy who started investing into bitcoin at the top of the market and he still ended up doing well because he kept buying bitcoin.  My point really did not have much of anything to do with keeping backup funds, which I would have had presumed that any guy who is investing aggressively into bitcoin will already have back up funds in place.

Sir I understand very well that you where just giving a description and the reason I mentioned backup funds was when you mentioned in your description that the guy had a relatively bad (not so good) BTC purchase towards the top of the 2017 market, and from my own thought one of the things that can slow you down in your Bitcoin investment journey is when you don't have backup funds and you are now faced with emergency issue, it can relatively lead you to have a bad (not so good) Bitcoin purchase for that period.
Sir JJG you may see it that an investor investing aggressively into bitcoin will already have back up funds in place but there are some investor especially newbies who are eager to grow quick may start accumulating aggressively without knowing they need a backup funds in other to prevent them from getting into a financial set back that will lead to them dipping hands into there Bitcoin investment there by slowing down there investment.
Sir JJG there are somethings that is normal for you and to you an investor should apply that but honestly some investor don't know or have that knowledge.