I think we’re over exaggerating and over emphasizing on this Scenario, it’s just as simple of knowing when to stop if we’re choosing to be aggressive and knowing when to be aggressive financially, I think there is nothing absolutely wrong if we want to be aggressive and there are times we can be aggressive and there are also times we might not be aggressive, it depends on when we have more discretionary income to be more aggressive, because there is no way we can be aggressive when we don’t have a discretionary income, and we should be also smart and intelligent enough to know when is the right time to be aggressive and when it’s not the right time to be aggressive.
The truth is that buying Bitcoin aggressively is not a bad idea if you are doing it from your discretionary income, it is very good, especially if you are still far away in your accumulation journey, where the problem usually lies is doing it outside your discretionary income, because by doing that it smells troubles in your ability to hold for a very long time.
Another thing is over doing it without sorting out your basic needs first.
To buy aggressively, we have to depend on our financial situation. If we buy without depending on our financial situation, then we may put our holdings in danger later. For example, if we invest with our emergency money, then if we need that amount of money, then we may have to sell our holdings. So it is better to be aggressive depending on our financial situation.
Let me tell you in a little simpler language. As you said, invest aggressively with discretionary income. If you invest with the entire amount of your discretionary income, then you will not be able to create an emergency fund. If your emergency fund is already created, then if you invest with your entire amount of discretionary income and then you have any kind of financial crisis, then you will have to take money from your emergency fund. But it is never right to take money from your emergency fund for these small financial crises. So it is always better to invest 5 to 25% of your discretionary income
It is not possible for ordinary people to buy aggressively. Many big businessmen take this risk whose financial condition is very strong. We have to take risks considering our financial condition. If you have enough money aside from monthly expenses, then you can invest with that. Before investing, you should first understand your monthly income well. Again, you should understand how much you spend and how much is left. However, it is not possible for any person to invest aggressively.
You are getting your self confused now
, at first you said that it is impossible for ordinary people to buy bitcoin aggressively that means there are folks who can buy it and lastly you now said it is not possible for any body to buy aggressively
and this sounds confusing,
i want you to know that any body can buy aggressively there are times an investor can buy aggressively using their discretionary income without over doing it sometimes it can be when the market is at dip so buy aggressively is not specifically for a particular group of persons or investors.