Quote from: Regardme on July 26, 2025, 09:22:12 PM

Quote from: Lida93 on July 26, 2025, 09:09:16 PM

Quote from: Regardme on July 26, 2025, 08:49:33 PM

Quote from: Joy- maker on July 26, 2025, 09:49:08 AM

you are correct buying bitcoin aggressively is not a bad thing provided you buying it within your Discretionary income and not with your emergency fund or with the money met for settling your basic needs and your expenses. In my own opinion Being aggressive becomes bad when you are buying bitcoin with your emergency or with the money met for your basic needs and expenses, because it can endanger your bitcoin investment and can make you sell off your bitcoin investment at early stage of accumulation in lost. Less assume someone want to be aggressive in buying bitcoin and then went head to buy bitcoin with his or her emergency fund and emergencies arise along the line so which fund do the person intend to use in handling those emergencies since he or she has already invested his or her emergency fund in bitcoin all in the name of trying to be aggressive in buying bitcoin. Or less say someone bought bitcoin with the money met for his or her basic needs and expenses, so tell how those the person intend to sustain and still able to hold his or her bitcoin for long term? If not selling off his or her bitcoin investment in easily stage of accumulation in lost. The truth is if an investor is consistence in buying bitcoin he or she will definitely reach his or her accumulation target, so instead of endangering your bitcoin investment all the name trying to aggressive in buying bitcoin, just be consistence and committed.

I disagree with you on this. Emergency funds isn’t for investment, first you’ll have to understand what emergency funds is which I’ll define it; An emergency funds is savings set aside for unexpected expenses or financial emergencies for example, in the case of losing your job, medical bills, car repairs and all that. No one is his right senses would think of by Bitcoin aggressively with an emergency funds. A real investor understands what discretionary funds are and what emergency funds are, and as such can’t mix both together, because it’s serving a different purpose. .

@Regardme, are you actually disagreeing or disagreeing with Joy- maker thoughts on emergency funds use? Because from all you have said from your first paragraph I don't see a difference in your supposed disagreement from what Joy- maker explained about what emergency funds stands for and how and meant for. Except you just want to rephrase some of the explanations, otherwise we all should know the difference between discretionary funds and emergency funds, and how to go about a healthy aggressive accumulative buying of bitcoin.

let’s get this right, I’m disagreeing with her on the note that she’s trying to state that buying aggressively becomes bad when you use your emergency funds. No investor uses an emergency funds to buy aggressively, that’s why I explained what’s emergency fund is and also what buying aggressively means. Emergency funds isn’t funds for investment, that’s what I’m trying to let her understand.

Aggressive Bitcoin accumulation are related to emergency funds. For example, if you have three to six months of emergency funds or you have the same amount of floating cash funds, then you can allocate the portion of your discretionary income that should have been saved for an emergency fund to Bitcoin accumulation. If you can continue this way in the long term then it can be called a type of aggressive investment.

If a new investor does not have an emergency fund, he will need to set aside a portion of his discretionary income for an emergency fund, but if already has that amount of emergency fund available, he can accumulate the entire amount of discretionary income at the end of the week in Bitcoin.