Buy Buy Buy or Sell Sell Sell?

[WhoYouCantKill]

Of course, each of us is responsible for our own level of aggressiveness, and we should not let pressure from online or groups affect our choices in that there is nothing wrong with being aggressive as long as we do not end up overdoing it.  If we overdo it, then we have to suffer the consequences, and it might be 10 years down the road that we realize that we cannot turn back the clock an hopefully we did what we were able to do without overdoing it and taking ourselves out of the game due to our own overly aggressive screw up(s).

if I may ask, how does someone really decide where to draw the line between being aggressive enough to see good gains and being too aggressive to the point it turns risky?

That's an important question Mate. When it comes to Investing in Bitcoin, there's actually a thin line between being aggressive enough to maximise on potential gains and being overly or too aggressive to the point that it turns to recklessness, and this all depends on two things, which is your financial reality and your emotional resilience. I believe the main idea is that to take on enough exposure that your stash can potentially grow substantially in the long run, but not so much that you'll be forced into a financial hardship or panic by a sharp downturn.

If you've got a solid financial cushion in place, a steady income stream(s) and of course a long term perspective, then surely you are free to lean more aggressive, and this is because Bitcoin's volatility is a lot more easier to ride out when you don't have the need for the money anytime soon. But even then, when those aggressions becomes way too much, it turns into recklessness and that's when the real danger sets in. Recklessness could be seen as, going all in, acquiring some debt to keep the accumulation going or maybe using leverage. It's a lot more healthier for every investor to size their Bitcoin position at a particular level that even if there's a downturn in the market and their Bitcoin portfolio size drops by 50% to 70%, it won't affect you pretty much or push you to panic sale.

I believe the ultimate test to consider one's level of aggressiveness is psychological, any investor that can hold through a red market without losing sleep is definitely still within a reasonable level of aggressiveness. But when you start to observe that your exposure has now become a threat to either your peace of mind or your financial stability, then that's a major cue that you've crossed the line.

Thanks for the explanation,  What I am getting from what you have explained is that the real dividing line between being aggressive and being reckless comes down to two things which is the financial cushion and emotional control. If someone has stable income and doesn’t need the money soon, they can lean more aggressive, but once borrowing, leverage, or all in decisions come into play, that crosses into recklessness.

And in addition what @Tungbulu has said.
First of all, let me quickly correct an impression, the purpose of being aggressive isn't necessarily to maximize on short term gains or "to see good gains" as you put it, the main purpose of investors being aggressive should be reach their long term goals faster and not to capitalize on short term gains.
Now Usually every investor is meant to invest with their discretionary income, in a situation where an investor due to much eagerness to reach their goals faster, decides to invest with all their Emergency funds Discretionary Income, rather than just a fraction or percentage of it, they're being aggressive enough, and this level of aggressiveness could still be arguably considered to be reasonable, but when folks starts feeling like their discretionary income isn't enough to help them reach their goals faster, and then they opt for other means, like taking loans and/or even using funds meant for some other purposes, then that's IMO definitely being reckless and an unhealthy approach to building one's Bitcoin investment.

Note: I made an typo error above which I have just corrected, I initially wanted to say Discretionary Income, but said Emergency fund instead...

[DubemIfedigbo001]

Success doesn't depend on how much you know about Bitcoin or how many years ago you invested.

For me success in bitcoin depends on the quantity of bitcoin you've and how long you were able to hold before selling or taking profits. So it is a simple formula
More quantities of bitcoin + longer holding period = more success

Let's give another example: a person invested in Bitcoin in April 2021 and his investment was a large sum of money at once. At that time, the price of BTC relatively high. As a result of investing a lot of money at once, he had no money in his hand. But it turned out that later the price of Bitcoin had decreased a lot. Here, if that person had not invested a lot of money at once in the lump sum method, but had followed the DCA method and bought it monthly or weekly with a fixed amount of money, then he would have been able to buy Bitcoin for less money in 2023 when the price of Bitcoin had dropped to twenty thousand. Therefore, his average purchase price of Bitcoin would have been relatively much lower. Therefore, it is most important to invest in the right way. There are many people, but they do not invest. As a result, despite being quite knowledgeable and senior in Bitcoin, they have made relatively little profit or many have faced losses due to not investing in the right way. Therefore, investing in Bitcoin is a long-term investment and patience is very important here.

This is why continuity is preached in bitcoin accumulation, if the investor lump summed on the high and continued accumulating bitcoin consistently using DCA, he would still have the opportunity to buy across the lows and who knows, if again he has a large discretionary income available then, he can still choose to lump sum on the dip and get a lot more quantities at a low price and add to his portfolio. This would help him to keep drawing closer to his accumulation target at a faster rate. If he goes for a long term, maybe 10 years, we will see that price he lump summed on is a good one.

One thing that is important to note is that the highs of 2021 is the target lows of now, so the investor still got into bitcoin at a good price. If bitcoin price in the future gets very high and he is still holding, then you would see him getting very good profits from his investment.

[Loyang]

And in addition what @Tungbulu has said.
First of all, let me quickly correct an impression, the purpose of being aggressive isn't necessarily to maximize on short term gains or "to see good gains" as you put it, the main purpose of investors being aggressive should be reach their long term goals faster and not to capitalize on short term gains.
Now Usually every investor is meant to invest with their discretionary income, in a situation where an investor due to much eagerness to reach their goals faster, decides to invest with all their Emergency funds, rather than just a fraction or percentage of it, they're being aggressive enough, and this level of aggressiveness could still be arguably considered to be reasonable, but when folks starts feeling like their discretionary income isn't enough to help them reach their goals faster, and then they opt for other means, like taking loans and/or even using funds meant for some other purposes, then that's IMO definitely being reckless and an unhealthy approach to building one's Bitcoin investment.

If a person uses emergency funds to buy aggressively, it will not be the right approach at all. As you said, at the end of the investment stage. Even at the end of building your portfolio, if you buy with emergency funds, it will not be the right approach at all. Because your time is not over yet. If you face any financial disaster during this time, how will you deal with this financial crisis? So investing with emergency funds will never be the right decision.

You should be aggressive depending on your financial situation. If you are not aggressive depending on your financial situation, then you may face big risks after a while. For example, if you invest with the money you need, then you will have to sell your holdings or take a loan from someone. So it is always best to be aggressive depending on your financial situation.

[Mr_Brilliant$]

People successfully doing trading and investing their profit might not be so many, but successfully trading and Investing profit is a great move but that's not for newbies (as in trading). Because newbies usually do not have the required knowledge and might be wasting hard earned money.

The fact is that trading is never a way of making profits from Bitcoin. It is a form of gambling with Bitcoin and gambling rely only on luck, and once someone gambles with it Bitcoin, they are likely to lose it easily. So, it is not encourage to trade, whether someone is a newbie or not. Even those who always claim to be experienced traders often lose their Bitcoin from time to time. In fact, many of them are not even making money through trading, but come out on social media to lie that they are profiting from it. But it's all a lie.

So, I would advise any newbie not to ever think of trading Bitcoin. It is not a reliable way of making profits from Bitcoin, and it never will be. Trading just relies on luck  and the reason I say that is because Bitcoin is unpredictable, and what traders are doing is basically guessing.

Bruh, feel you on this one, because to me it still baffles me why somebody will sweat, hustle, cut down expenses just to stack Bitcoin for several months and years, then one day turn around and risk all that patient accumulation on some random trading thing that can wipe out their effort in seconds… It is pure gambling, it’s just like planting a farm, waiting months for harvest, then setting the whole thing on fire..  Trading Bitcoin is like that, too unpredictable, too risky, and honestly not worth the emotional stress that comes with it.  A newbie especially has no business trying to outsmart the market, because nine out of ten times it is the market that will humble you, and the pain of losing your hard earned stack is not something anyone should willingly walk into…

And the funny part is, a lot of so called pro traders you’ll fancy, don’t even show the full picture.. They come online posting their little lucky wins and hiding their 100’s of losses, flexing like they cracked some magic code, but behind the scene they are probably crying over the losses they never post…  It’s just a game, and if a newbie does not understand that, he will end up chasing shadows thinking there is some good ass strategy out there. .. But the truth, like you said, is simple: Bitcoin was never created for gambling or wild speculation.  It was made for holding and long term preservation of wealth. That is where the real power lies. So instead of burning energy guessing green or red candles, just keep stacking, keep holding, and let time do the heavy lifting.. Trading might look attractive on the surface, but the reality is that it’s just another way of donating your Bitcoin back to the market…

[Princess Leah]

And in addition what @Tungbulu has said.
First of all, let me quickly correct an impression, the purpose of being aggressive isn't necessarily to maximize on short term gains or "to see good gains" as you put it, the main purpose of investors being aggressive should be reach their long term goals faster and not to capitalize on short term gains.
Now Usually every investor is meant to invest with their discretionary income, in a situation where an investor due to much eagerness to reach their goals faster, decides to invest with all their Emergency funds, rather than just a fraction or percentage of it, they're being aggressive enough, and this level of aggressiveness could still be arguably considered to be reasonable, but when folks starts feeling like their discretionary income isn't enough to help them reach their goals faster, and then they opt for other means, like taking loans and/or even using funds meant for some other purposes, then that's IMO definitely being reckless and an unhealthy approach to building one's Bitcoin investment.

If a person uses emergency funds to buy aggressively, it will not be the right approach at all. As you said, at the end of the investment stage. Even at the end of building your portfolio, if you buy with emergency funds, it will not be the right approach at all. Because your time is not over yet. If you face any financial disaster during this time, how will you deal with this financial crisis? So investing with emergency funds will never be the right decision.

You should be aggressive depending on your financial situation. If you are not aggressive depending on your financial situation, then you may face big risks after a while. For example, if you invest with the money you need, then you will have to sell your holdings or take a loan from someone. So it is always best to be aggressive depending on your financial situation.
 

Buying bitcoin with an emergency fund is never a good approach, it's like a misplaced priority and at some point the investor would likely touch what they're holding to solve issues that might arise, cause that's the function of the emergency funds, to settle uncertain circumstances that may arise in the future and if investor use it to accumulate aggressively and unexpected issues suddenly arises then they'll definitely withdraw what they're holding to solve it.

 Every investor is meant to do it according to their financial status, therefore they should know when to be aggressive and when not to, you don't go aggressively cause your friend is doing so, the friend might be in a better situation to do so and if you're not there's no need going against what Bitcoin investment is all about just cause you want to accumulate more of it.

[avp2306]

that's IMO definitely being reckless and an unhealthy approach to building one's Bitcoin investment.
If a person uses emergency funds to buy aggressively, it will not be the right approach at all. As you said, at the end of the investment stage. Even at the end of building your portfolio, if you buy with emergency funds, it will not be the right approach at all. Because your time is not over yet. If you face any financial disaster during this time, how will you deal with this financial crisis? So investing with emergency funds will never be the right decision.

You should be aggressive depending on your financial situation. If you are not aggressive depending on your financial situation, then you may face big risks after a while. For example, if you invest with the money you need, then you will have to sell your holdings or take a loan from someone. So it is always best to be aggressive depending on your financial situation.
 

Buying bitcoin with an emergency fund is never a good approach, it's like a misplaced priority and at some point the investor would likely touch what they're holding to solve issues that might arise, cause that's the function of the emergency funds, to settle uncertain circumstances that may arise in the future and if investor use it to accumulate aggressively and unexpected issues suddenly arises then they'll definitely withdraw what they're holding to solve it.

 Every investor is meant to do it according to their financial status, therefore they should know when to be aggressive and when not to, you don't go aggressively cause your friend is doing so, the friend might be in a better situation to do so and if you're not there's no need going against what Bitcoin investment is all about just cause you want to accumulate more of it.

They are doing huge mistake if they do that since they might fail especially if there's emergency situation happens.

That's why they better know the real purpose of having a emergency funds so that they will never think about using it for buying Bitcoin or any nonsense matter. Instead of doing that maybe they should pay more attention on how they can increase their income so that they would get more discretionary funds. Since with this for sure that they can buy more Bitcoin and they would never think about other crazy things.

[Gallar]

As in had i know, very painful something. Indecisiveness of many kind, that's why DCA that can buy any time is not only advisable to newbies but everyone.
Trading is more or less like a business that requires capital and daily energy that newbies don't have, while investing requires just  your capital and little or no energy.
People successfully doing trading and investing their profit might not be so many, but successfully trading and Investing profit is a great move but that's not for newbies (as in trading). Because newbies usually do not have the required knowledge and might be wasting hard earned money.

I believe trading is not only highly risky for beginners, but even for professionals, most fail or lose money. Therefore, I don't think trading is the right choice for growing our money. Instead of increasing it, our money could end up depleted and nothing left. Trading is inherently dangerous, and I don't think we should get caught up in it. Quite a few people experience stress from trading crypto. Therefore, it's better to invest in Bitcoin, as investing in Bitcoin doesn't require market analysis. Investing in Bitcoin simply requires accumulation using the DCA strategy. So, the bottom line is, it doesn't need to be complicated. The most important thing is patience, and there's a definite possibility of success in investing in Bitcoin.

[AbuBhakar]

As in had i know, very painful something. Indecisiveness of many kind, that's why DCA that can buy any time is not only advisable to newbies but everyone.
Trading is more or less like a business that requires capital and daily energy that newbies don't have, while investing requires just  your capital and little or no energy.
People successfully doing trading and investing their profit might not be so many, but successfully trading and Investing profit is a great move but that's not for newbies (as in trading). Because newbies usually do not have the required knowledge and might be wasting hard earned money.

I believe trading is not only highly risky for beginners, but even for professionals, most fail or lose money. Therefore, I don't think trading is the right choice for growing our money. Instead of increasing it, our money could end up depleted and nothing left. Trading is inherently dangerous, and I don't think we should get caught up in it. Quite a few people experience stress from trading crypto. Therefore, it's better to invest in Bitcoin, as investing in Bitcoin doesn't require market analysis. Investing in Bitcoin simply requires accumulation using the DCA strategy. So, the bottom line is, it doesn't need to be complicated. The most important thing is patience, and there's a definite possibility of success in investing in Bitcoin.

They shouldn’t be called professional if they are still considered as high risk when trading.

Professional trader usually have risk management on their trading activities to assess and lessen the risk they are taking per trade that’s why they are called professional because they knew to limit the risk they are taking unlike newbie usually just trade based on emotion.

There’s still some successful trader on Bitcoin. But clearly trading is not for everyone.

[Barikui1]

Buying bitcoin with an emergency fund is never a good approach, it's like a misplaced priority and at some point the investor would likely touch what they're holding to solve issues that might arise, cause that's the function of the emergency funds, to settle uncertain circumstances that may arise in the future and if investor use it to accumulate aggressively and unexpected issues suddenly arises then they'll definitely withdraw what they're holding to solve it.

It's mostly ignorance that will make an investor invest in Bitcoin with his emergency funds because he doesn't know that by doing so he is practically exposing his holdings to be tempered with if any emergencies arise or if any financial troubles came up, so it's an unhealthy practice all Bitcoin Investors should avoid by all means because it it's a very fast way to self destruct to your holdings.
Additionally, what's the essence of using your emergency funds to buy aggressively when their is no certainty of holding strong again when you have used the last layer of protection for your holdings to invest?
So it's not a terrible idea to do so in my own opinion.