Re: Buy Buy Buy or Sell Sell Sell?

Since we are using discretionary income to accumulate bitcoin, there's no problem if an investor decides to invest aggressively in bitcoin all the time because he is using the money that is not meant for his expenses to invest in bitcoin, and he can use his discretionary income the way that pleases him. Investing aggressively in bitcoin has been discussed so many times on this thread and on the buy the dip and hodl thread, but it seems a lot of members are still misunderstanding the concept of investing aggressively in bitcoin. Investing aggressively in Bitcoin isn't only when you use $200 or $500 to accumulate Bitcoin; as far as you are consistent in accumulating Bitcoin weekly or monthly with $5, you are investing aggressively in Bitcoin because that is your level of aggressiveness, and you aren't also overdoing it.

Many people don't understand aggressive investing. They may think that pouring in more money means aggressive investing, which in reality is not the case. But the reality is that an investor can be aggressive by controlling his risk, that means, if he invests all his discretionary income, it is an aggressive investment, but it is not risky. As a result, the investor will be able to grow his Bitcoin portfolio. There are some investors who wait for the dip as a strategy. If they do not do that, but use their discretionary income money regularly over the long term, then he will be able to build a good portfolio. If the investor invests more than he can afford, it will certainly be acceptable ‍and he will definitely be able to acquire a large portfolio of Bitcoin in the future.

Investing aggressively in Bitcoin isn't that bad if you are doing it within your discretionary income, what's bad there is that some Investors tends to invest in Bitcoin aggressively and get carried away by start investing with money that is meant for their upkeeps, that is where it's wrong, if you are investing aggressively within the range of your discretionary income and your emergency and reserve funds are in place you have nothing to worry about because it's the right thing you are doing especially if you are still lagging behind in your accumulation journey, so in essence of what am trying to say is that accumulating Bitcoin aggressively is not a terrible idea if you are doing it the right way, where the problem are is when you are investing more than the discretionary income you have, that's where the problem is.

At some point every investor would likely be aggressive in their accumulation but then some priorities have to be gotten right too, a low income earner shouldn't go all aggressive cause maybe their friends who introduced them into bitcoin investment is doing so, starting slow foe such folk is not a bad idea, Bitcoin investment should best be done according to one's income and how much they can spare from the discretionary into the investment.

People shouldn't forget that asides Bitcoin investment there's still other important things to settle on a daily basis and feeding is one of them therefore every investor should set their investment priorities right and know when to go aggressively and when also when to accumulate slowly.

Princess Leah you are making sense, some people become aggressive in there Bitcoin accumulation because they think they are backward or because there friends are aggressive which is not right at all, before you think about becoming aggressive in your Bitcoin accumulation you must make sure you have a strong backup funds and again use only your Discretionary income to become aggressive make sure it those not go beyond your discretionary income.
When measuring about how aggressive one can go I don't think measuring it with the income you earn is proper reasoning being that, I can be earning $6k weekly or monthly but I have much responsibility and after my spending I'm only lift with $100 as my discretionary income and another person may be earning $4k weekly or monthly but because he has very little responsibility after spending he may be lift with $200 as his discretionary income so I think when measuring how aggressive one can go, we should look at how much discretionary income we have and also how strong our backup funds is.