JJG’s Outline of Bitcoin Investment Ideas

[ejikeme24]

yes when it comes to bitcoin investment profit making is not guaranteed reason being that bitcoin is a very volatile asset in such a way that you could be seeing some profit this minute and in the next second you’re not because the price is unstable as it has a potential to go up and down at any seconds. So profit making is not guaranteed, it’s a two way thing which means that as it have the potential to bring profit when the price goes up, it also have the potential to make you lose your investment when prices drop. So when you focus on profit making you might be disappointed even more worst if you’re a trader  trading  for short quick profit making mindset. The Focus should be on consistent buying and investing and holding for the long term goal to have a good and decent bitcoin portfolio and hold for the long term because bitcoin surely will reward long term holders.

Your post is confusing Brizi5000.  In the beginning our your post you say that investing in bitcoin is not guaranteed, but in the end of your post, you say that it is guaranteed.

Yes, I also find it confusing but even at that I can still relate. He seem to be giving advice about focusing on the Long term investment rather than toying with our Bitcoin in the short term Which is true but he missed it by saying that Bitcoin surely will reward long term holders. for the fact that we are advised to focus on the long term investment doesn't mean there's a guarantee rather, it's due to the increase of Bitcoin over the years that made us believe that it will pay off if HODL for Long term investment but it's not certain that we will surely get profit in the future because the price can drop at anytime and also increase at anytime Which we really can't tell or predict how it will happen.

[CageMabok]

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You have discussed many important issues. First of all, it is important to meet the needs of your daily life. Then you should invest with extra money. Those who have a strong income flow and some extra money beyond expenses can save as discretionary income. But many people think about investing but do not dare to start investing due to low discretionary income. But the small amount you mentioned to start investing in Bitcoin is very effective. However, a person wastes a lot of money in daily life. discretionary  income can be increased by reducing waste a little. Then you can invest in Bitcoin in a larger amount. But there is no need to be over aggressive.

I also like the idea of ​​increasing discretionary income by reducing wasteful spending in life if the goal is to increase one's future investment capital. Because such things are sometimes difficult to change for some people who have already become wasteful throughout their lives, it will certainly not be easy for them to become long-term investors in an asset like Bitcoin. As for whether or not to be aggressive in buying Bitcoin, I think it is more a matter of taste and individual ability because for people who are able to focus on buying aggressively, of course there is nothing wrong if they want to do that.

[abaeze]

Yes, I also find it confusing but even at that I can still relate. He seem to be giving advice about focusing on the Long term investment rather than toying with our Bitcoin in the short term Which is true but he missed it by saying that Bitcoin surely will reward long term holders. for the fact that we are advised to focus on the long term investment doesn't mean there's a guarantee rather, it's due to the increase of Bitcoin over the years that made us believe that it will pay off if HODL for Long term investment but it's not certain that we will surely get profit in the future because the price can drop at anytime and also increase at anytime Which we really can't tell or predict how it will happen.

Whatever one may say, we ourselves are enjoying the benefits of long-term investment. Because we saw the price remain the same from 2018-2021, and at the end of 2022-2025, its price reached the highest price in history and we hope that its price will reach a new ATH in the future. Although many are disappointed or panic selling after seeing the current decline. But I am sure that those who are doing this will understand its volatility later. I have not had such a situation so far that I have not gotten a new ATH even after investing for the long term. So I can say that after investing for the long term, the new ATH will give investors 100% profit, if they do not panic-sell after seeing a bearish market.

[laijsica]

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...

You have discussed many important issues. First of all, it is important to meet the needs of your daily life. Then you should invest with extra money. Those who have a strong income flow and some extra money beyond expenses can save as discretionary income. But many people think about investing but do not dare to start investing due to low discretionary income. But the small amount you mentioned to start investing in Bitcoin is very effective. However, a person wastes a lot of money in daily life. discretionary  income can be increased by reducing waste a little. Then you can invest in Bitcoin in a larger amount. But there is no need to be over aggressive.

I also like the idea of ​​increasing discretionary income by reducing wasteful spending in life if the goal is to increase one's future investment capital. Because such things are sometimes difficult to change for some people who have already become wasteful throughout their lives, it will certainly not be easy for them to become long-term investors in an asset like Bitcoin. As for whether or not to be aggressive in buying Bitcoin, I think it is more a matter of taste and individual ability because for people who are able to focus on buying aggressively, of course there is nothing wrong if they want to do that.

Bitcoin investment and aggressive buying along with consistent Bitcoin accumulation to reach the over accumulation level is great for increasing the size of the bitcoin portfolio. But changing old habits of daily spending is not easy. We should reduce excess spending from the trend of future wealth growth. Focus on increasing the Bitcoin stack as a future asset and also increase the cash flow to buy additional sat from dips season. Formulate personal strategies for long term Bitcoin Prioritize the growth of digital assets (Bitcoin) and also ensure that you can fully meet your daily needs. I also like to formulate personal strategies to reduce excess spending to increase discretionary income.

[cyberninja2]

Bitcoin investment and aggressive buying along with consistent Bitcoin accumulation to reach the over accumulation level is great for increasing the size of the bitcoin portfolio. But changing old habits of daily spending is not easy. We should reduce excess spending from the trend of future wealth growth. Focus on increasing the Bitcoin stack as a future asset and also increase the cash flow to buy additional sat from dips season. Formulate personal strategies for long term Bitcoin Prioritize the growth of digital assets (Bitcoin) and also ensure that you can fully meet your daily needs. I also like to formulate personal strategies to reduce excess spending to increase discretionary income.

On the one hand it is true what you said about Bitcoin investment and aggressive purchases and consistent accumulation are very good in increasing the portfolio but on the other hand everyone is sometimes not necessarily able or capable of maintaining their consistency in terms of reducing expenses that may be too much in this matter and this is what causes a problem for someone so that this problem will certainly become a disturbing thing for what we do regarding Bitcoin investment and aggressive purchases to accumulate with the aim of maximum increase therefore this habit needs to be fixed by everyone because the investment we make will become an asset for our future of course.

[Bigjoe33]

yes when it comes to bitcoin investment profit making is not guaranteed reason being that bitcoin is a very volatile asset in such a way that you could be seeing some profit this minute and in the next second you’re not because the price is unstable as it has a potential to go up and down at any seconds. So profit making is not guaranteed, it’s a two way thing which means that as it have the potential to bring profit when the price goes up, it also have the potential to make you lose your investment when prices drop. So when you focus on profit making you might be disappointed even more worst if you’re a trader  trading  for short quick profit making mindset. The Focus should be on consistent buying and investing and holding for the long term goal to have a good and decent bitcoin portfolio and hold for the long term because bitcoin surely will reward long term holders.

Your post is confusing Brizi5000.  In the beginning our your post you say that investing in bitcoin is not guaranteed, but in the end of your post, you say that it is guaranteed.

Yes, I also find it confusing but even at that I can still relate. He seem to be giving advice about focusing on the Long term investment rather than toying with our Bitcoin in the short term Which is true but he missed it by saying that Bitcoin surely will reward long term holders. for the fact that we are advised to focus on the long term investment doesn't mean there's a guarantee rather, it's due to the increase of Bitcoin over the years that made us believe that it will pay off if HODL for Long term investment but it's not certain that we will surely get profit in the future because the price can drop at anytime and also increase at anytime Which we really can't tell or predict how it will happen.

There is no certainty in bitcoin investment, but investors are surely driven by past history and records of bitcoin performance in the market, and so it has always been. There is no guarantee that if I HODL for this long or for this amount of years, I will make enough profit, yet, bitcoin has proven to be a store of value which rewards long time Investors, and so, we aren't pegged at we must get the profit l, but we are hopeful and optimistic that it will behave as usual, rewarding long time Investors.

So I can say that after investing for the long term, the new ATH will give investors 100% profit,]/b] if they do not panic-sell after seeing a bearish market.

Why 100% profit? Do we know end of bitcoin yet?, or do we know the amount Bitcoin will be in the next coming years? I think saying that it will reward with 100% profit is rather too ambiguous as we may not ascertain what bitcoin holds in the next years. Let's just say, it will reward long term HODLERS and leave the % since it's not known or can't be predicted

[alankasman]

On the one hand it is true what you said about Bitcoin investment and aggressive purchases and consistent accumulation are very good in increasing the portfolio but on the other hand everyone is sometimes not necessarily able or capable of maintaining their consistency in terms of reducing expenses that may be too much in this matter and this is what causes a problem for someone so that this problem will certainly become a disturbing thing for what we do regarding Bitcoin investment and aggressive purchases to accumulate with the aim of maximum increase therefore this habit needs to be fixed by everyone because the investment we make will become an asset for our future of course.

Generally speaking it's true because currently people find it difficult to manage their financial expenses which makes it difficult for them to invest. However behind such things we must understand the aftermath of events that require us to concentrate fully because we often learn after the events that befall each of us.

A person's habits certainly make it very difficult for us to increase our consistency in investing, especially if we see other people who may invest so aggressively of course they know how to adjust to their expenses which are quite stable so that when investing as usual without thinking about the burden so that people like this will clearly have assets even though the person has a little or a lot but they do it according to maintaining their habits but they will be successful in making these investments this is according to someone's plan.

[Barikui1]

On the one hand it is true what you said about Bitcoin investment and aggressive purchases and consistent accumulation are very good in increasing the portfolio but on the other hand everyone is sometimes not necessarily able or capable of maintaining their consistency in terms of reducing expenses that may be too much in this matter and this is what causes a problem for someone so that this problem will certainly become a disturbing thing for what we do regarding Bitcoin investment and aggressive purchases to accumulate with the aim of maximum increase therefore this habit needs to be fixed by everyone because the investment we make will become an asset for our future of course.

I am of the opinion that aggressive purchase of Bitcoin is never a problem as long as you are doing it from your discretionary income, besides it's very necessary if you are just coming into the space and you are seriously lacking in your accumulation journey, but  as long as your aggressive accumulation stays within your discretionary income, then it's fine, since you will hardly run into problems doing so.
Where problem always comes up is when an investor over do it to the extent of getting carried away and go beyond his discretionary income, not when he stays within it.

[iamsange]

Whatever one may say, we ourselves are enjoying the benefits of long-term investment. Because we saw the price remain the same from 2018-2021, and at the end of 2022-2025, its price reached the highest price in history and we hope that its price will reach a new ATH in the future. Although many are disappointed or panic selling after seeing the current decline. But I am sure that those who are doing this will understand its volatility later. I have not had such a situation so far that I have not gotten a new ATH even after investing for the long term. So I can say that after investing for the long term, the new ATH will give investors 100% profit, if they do not panic-sell after seeing a bearish market.

We feel the same way, and we don't want to dwell on what many people say. We've all invested and enjoyed the rewards of long-term investing so we shouldn't be fooled by what many say saying there's no guarantee of success in Bitcoin investment. Sometimes it's true but it all depends on our individual beliefs and our faith in Bitcoin.

I think if a beginner just joined the investment market given the current price they'd be hesitant. They'd naturally want to invest but with those saying these things their confidence has been slightly diminished. Remembering that what they said is true and that's only for those who have doubts about Bitcoin investing there's no guarantee.
You and I have experienced the ups and downs of our struggles in this Bitcoin investment forum, and we will certainly continue to invest by increasing our assets for the future through long-term strategies.

[cyberninja2]

I am of the opinion that aggressive purchase of Bitcoin is never a problem as long as you are doing it from your discretionary income, besides it's very necessary if you are just coming into the space and you are seriously lacking in your accumulation journey, but  as long as your aggressive accumulation stays within your discretionary income, then it's fine, since you will hardly run into problems doing so.
Where problem always comes up is when an investor over do it to the extent of getting carried away and go beyond his discretionary income, not when he stays within it.

Perhaps our thoughts are the same because we never point out the mistakes made by someone in making overly aggressive purchases. We also assume that they do so aggressively and they certainly already know how to manage their finances. Therefore we should appreciate what that person has done in adjusting their financial management procedures so that they probably don't encounter problems every time they make a fairly aggressive Bitcoin purchase.

This could possibly happen because what investors do triggers many mistakes one of which might be the inappropriate way they do it so as you said they go too far beyond the limits of the income they have so that what they do is often controversial for those who immediately judge other people who might be able to manage their income according to the procedures.

[Taskford]

I am of the opinion that aggressive purchase of Bitcoin is never a problem as long as you are doing it from your discretionary income, besides it's very necessary if you are just coming into the space and you are seriously lacking in your accumulation journey, but  as long as your aggressive accumulation stays within your discretionary income, then it's fine, since you will hardly run into problems doing so.
Where problem always comes up is when an investor over do it to the extent of getting carried away and go beyond his discretionary income, not when he stays within it.

Perhaps our thoughts are the same because we never point out the mistakes made by someone in making overly aggressive purchases. We also assume that they do so aggressively and they certainly already know how to manage their finances. Therefore we should appreciate what that person has done in adjusting their financial management procedures so that they probably don't encounter problems every time they make a fairly aggressive Bitcoin purchase.

This could possibly happen because what investors do triggers many mistakes one of which might be the inappropriate way they do it so as you said they go too far beyond the limits of the income they have so that what they do is often controversial for those who immediately judge other people who might be able to manage their income according to the procedures.

There are some situations that people accumulate aggressively because they are so confident that they have lots of knowledge and can manage well their finances.

Also its true that there are people judge those people doing such actions and decisions quickly, but they must know that each one of use have different level of risk tolerance and income sizes. Although its good to remind those people that once they reach their limit or exceed to their capacity it will provably create big problems to them.

That's why its really good to balance everything to have a smooth investment on Bitcoin since we are not talking about short term here. Also to make sure everything is in good place and have chance to withdraw with great results in future once we hit our targets.

[Joeboy]

yes when it comes to bitcoin investment profit making is not guaranteed reason being that bitcoin is a very volatile asset in such a way that you could be seeing some profit this minute and in the next second you’re not because the price is unstable as it has a potential to go up and down at any seconds. So profit making is not guaranteed, it’s a two way thing which means that as it have the potential to bring profit when the price goes up, it also have the potential to make you lose your investment when prices drop. So when you focus on profit making you might be disappointed even more worst if you’re a trader  trading  for short quick profit making mindset. The Focus should be on consistent buying and investing and holding for the long term goal to have a good and decent bitcoin portfolio and hold for the long term because bitcoin surely will reward long term holders.

Your post is confusing Brizi5000.  In the beginning our your post you say that investing in bitcoin is not guaranteed, but in the end of your post, you say that it is guaranteed.

Yes, I also find it confusing but even at that I can still relate. He seem to be giving advice about focusing on the Long term investment rather than toying with our Bitcoin in the short term Which is true but he missed it by saying that Bitcoin surely will reward long term holders. for the fact that we are advised to focus on the long term investment doesn't mean there's a guarantee rather, it's due to the increase of Bitcoin over the years that made us believe that it will pay off if HODL for Long term investment but it's not certain that we will surely get profit in the future because the price can drop at anytime and also increase at anytime Which we really can't tell or predict how it will happen.

The chances of price drop/ price increase/ Bitcoin not meeting up to our expectations is seemingly plausible even though some folks still have doubts believing it... Well am surely not against folks investing in Bitcoin, but what I like suggesting is that when folks are investing for definitely the long term, they should always ensure that their investments is done only with the amount of money that they can afford to loose... Doing so ensures that they properly manage their risk since the future itself isn't as guaranteed as many thinks it to be..

[Sim_card]

Why 100% profit? Do we know end of bitcoin yet?, or do we know the amount Bitcoin will be in the next coming years? I think saying that it will reward with 100% profit is rather too ambiguous as we may not ascertain what bitcoin holds in the next years. Let's just say, it will reward long term HODLERS and leave the % since it's not known or can't be predicted

It's possible for you to buy bitcoin and hodli till you get 100% profit but it's not guaranteed. Those early investors who bought bitcoin when the price was $1000 have made more than 100% profits for holding till this time. If I'm not mistaken bitcoin bought way back at $1000k must have grown approximately 6,764.699 times. If you say

6,764.699 x 100
67469.9% profits.

From the mathematics above, it shows that when you invest in bitcoin for long term with DCA and hodli, you can get more than $100% profits. The odd of bitcoin price going uptrend is higher than going downtrend which is the reason why you need to take your bitcoin accumulation very seriously with commitment and determination so that you can stay focus on reaching your bitcoin target even though, profit isn't guaranteed in future. Invest with only your discretionary income. However, profits shouldn't be the main focus but have a bitcoin target.

[Olatundespo]

On the one hand it is true what you said about Bitcoin investment and aggressive purchases and consistent accumulation are very good in increasing the portfolio but on the other hand everyone is sometimes not necessarily able or capable of maintaining their consistency in terms of reducing expenses that may be too much in this matter and this is what causes a problem for someone so that this problem will certainly become a disturbing thing for what we do regarding Bitcoin investment and aggressive purchases to accumulate with the aim of maximum increase therefore this habit needs to be fixed by everyone because the investment we make will become an asset for our future of course.

I am of the opinion that aggressive purchase of Bitcoin is never a problem as long as you are doing it from your discretionary income, besides it's very necessary if you are just coming into the space and you are seriously lacking in your accumulation journey, but  as long as your aggressive accumulation stays within your discretionary income, then it's fine, since you will hardly run into problems doing so.
Where problem always comes up is when an investor over do it to the extent of getting carried away and go beyond his discretionary income, not when he stays within it.

Accumulating Bitcoin through discretionary income will make  easier for you and will not be a problem when it comes to investing. In that case you will have problems in times of emergency if you do not have an emergency fund. Having discretionary income and an emergency fund are important to prolong your Bitcoin journey. Cash flow is important for aggressive DCA as well as an emergency fund.

There will be times when an investor invests beyond his means but he will not have to face problems in all cases. If an investor has a large emergency fund size such as 3-6 months, it should not be a problem for him. He will be able to solve emergency problems without withdrawing his investment. I recommend that an investor should have an emergency fund along with cash funds because you should always be prepared for a sharp decline in the market or an emergency need.

[JayJuanGee]

Why 100% profit? Do we know end of bitcoin yet?, or do we know the amount Bitcoin will be in the next coming years? I think saying that it will reward with 100% profit is rather too ambiguous as we may not ascertain what bitcoin holds in the next years. Let's just say, it will reward long term HODLERS and leave the % since it's not known or can't be predicted

It's possible for you to buy bitcoin and hodli till you get 100% profit but it's not guaranteed. Those early investors who bought bitcoin when the price was $1000 have made more than 100% profits for holding till this time.

Surely, in both 2013 and also in 2017, the BTC price crossed over $1k, and there were guys who had average costs per BTC that were at or below $1k, and the first time that they sold around $1k, they were able to buy cheaper, even though it tends to be quite problematic to sell bitcoin with expectations of buying back cheaper.

The 2017 passing above $1k was the last time that we ever saw $1k or below $1k prices again, and in fact the BTC price never went back below $3,124 after the September 2017 push above those $3k prices.

So we can imagine throughout 2017, there were a lot of guys who had BTC costs that were anywhere between $500 and $1,500 who were selling their BTC based on profits that might have had ranged between 100% and even 600%, yet they were also like having regrets of their BTC sales below $3k in 2017 since the BTC prices never ended up coming back to those levels, and there were even guys who were strongly anticipating that BTC prices had to go back to revisit $1k prices and at least below $2k prices, yet their certainties in arguing those expectations did not cause them to happen or even come close to happening.

With the passage of time, bitcoin holders likely gain higher and higher conviction that certain lower BTC prices will never happen again, even though we likely still need to have a plan in the event that such low and unexpected prices were to end up happening.

At the same time, each of us holding bitcoin also likely need to be preparing ourselves (financially and psychologically) for the possibility that bitcoin prices might end up going up rather than down.  It is possible to prepare for both BTC price directions at the same time, even though many guys fail to sufficiently/adequately prepare for UP, and yeah, it can take a long time for UP to play out... and we can look at various points in bitcoin's history where the BTC got stuck in down locations for extended periods of time (and feeling especially extended if we are actually holding and continuing to buy bitcoin during those periods).

If I'm not mistaken bitcoin bought way back at $1000k must have grown approximately 6,764.699 times. If you say

6,764.699 x 100
67469.9% profits.

There is something wrong with your math Sim_card.

If we are starting from BTC costs of $1k, then right now the appreciation would be in the ballpark of 67.5x... which would be in the ballpark of 6,750%... .and those guys would have had likely accomplished most of their BTC accumulation prior to 2017 in order to get BTC costs at or below $1k per coin.

For simplicity of calculations we could also have had guys who had costs per BTC that are $10k per coin (mostly accumulated prior to 2021) who would currently thereby have coins that are 6.75x (or 675%) in profits

Of course the guys who have costs per BTC that are $20k per coin may well would have had accumulated most of their coins prior to 2021, yet they could have had accumulated some coins in 2022 and 2023 that had a price range between $15,479 and $30k, and still ended up with an average cost per BTC in the $20k range who would currently thereby have coins that are 3.375x (or 337.5%) in profits, and if the guys are still accumulating coins, there average cost per coin might well continue to go up, and they might well not be motivated by their level of profits, but instead motivated towards ongoingly accumulating enough coins or perhaps more than enough coins.

So for example a guy in his early 40s who might have had been accumulating bitcoin for a few years already, may well be shooting to be able to live off his bitcoin with an $80k per year income, he will see that right now he would need to have at least 13.7439 BTC to accomplish such feat, yet if he projects out 8-ish years, he figures he would be in his late 40s or early 50s, and he can calculate from the charts that by then (perhaps around 2033?) he may well ONLY need somewhere in the ballpark of 2.3 BTC to 3.5 BTC in order to support such income level (hopefully in today's dollars, yet he has to monitor that too), and he thinks that he may well be able to accomplish such a feat by continuing to accumulate bitcoin.  

And, of course, he knows that future performance is not guaranteed including how many BTC he will need to have and/or how many BTC that he is going to need to accumulate, so he will just continue to accumulate bitcoin and to monitor his progress.

From the mathematics above, it shows that when you invest in bitcoin for long term with DCA and hodli, you can get more than $100% profits. The odd of bitcoin price going uptrend is higher than going downtrend which is the reason why you need to take your bitcoin accumulation very seriously with commitment and determination so that you can stay focus on reaching your bitcoin target even though, profit isn't guaranteed in future. Invest with only your discretionary income. However, profits shouldn't be the main focus but have a bitcoin target.

You are completely correct that guys get so distracted by profits, yet they are measuring them in short term dollars, so if they lock themselves into supposed profits, then they will likely lose their focus in regards to ongoingly growing their BTC stash.. even though they might even be wanting to grow their BTC stash faster, yet they end up gambling with their bitcoin holdings rather than ongoingly growing their BTC stash.

[Derekfunds]

On the one hand it is true what you said about Bitcoin investment and aggressive purchases and consistent accumulation are very good in increasing the portfolio but on the other hand everyone is sometimes not necessarily able or capable of maintaining their consistency in terms of reducing expenses that may be too much in this matter and this is what causes a problem for someone so that this problem will certainly become a disturbing thing for what we do regarding Bitcoin investment and aggressive purchases to accumulate with the aim of maximum increase therefore this habit needs to be fixed by everyone because the investment we make will become an asset for our future of course.

I am of the opinion that aggressive purchase of Bitcoin is never a problem as long as you are doing it from your discretionary income, besides it's very necessary if you are just coming into the space and you are seriously lacking in your accumulation journey, but  as long as your aggressive accumulation stays within your discretionary income, then it's fine, since you will hardly run into problems doing so.
Where problem always comes up is when an investor over do it to the extent of getting carried away and go beyond his discretionary income, not when he stays within it.

I agree with you but to some point or some level it is not good to be aggressive especially when someone is new in Bitcoin investment, they need to be careful and invest gradually using the DCA method which is mostly preferable for beginners and the reason why newbie or beginners should not be aggressive is because they are still fragile and as the name implies "newbie" they are still new so it won't be wise to be aggressive as they can easily make mistakes but as for old folks being aggressive is not wrong provided it is coming from one's discretionary.

[Mandoy]

I am of the opinion that aggressive purchase of Bitcoin is never a problem as long as you are doing it from your discretionary income, besides it's very necessary if you are just coming into the space and you are seriously lacking in your accumulation journey, but  as long as your aggressive accumulation stays within your discretionary income, then it's fine, since you will hardly run into problems doing so.
Where problem always comes up is when an investor over do it to the extent of getting carried away and go beyond his discretionary income, not when he stays within it.

Perhaps our thoughts are the same because we never point out the mistakes made by someone in making overly aggressive purchases. We also assume that they do so aggressively and they certainly already know how to manage their finances. Therefore we should appreciate what that person has done in adjusting their financial management procedures so that they probably don't encounter problems every time they make a fairly aggressive Bitcoin purchase.

This could possibly happen because what investors do triggers many mistakes one of which might be the inappropriate way they do it so as you said they go too far beyond the limits of the income they have so that what they do is often controversial for those who immediately judge other people who might be able to manage their income according to the procedures.

Your opinion is quite consistent with the main concept of the outline made by JJG: there is nothing wrong with being aggressive in purchasing Bitcoin, provided that it is done only with discretary income and supported by the discipline. Actually, to the early accumulator investors, it may be a mere case of being more aggressive meaning that they are moving faster on their long-term hold in Bitcoin. The actual problem only begins as soon as one exceeds his/her limits, spends necessary money, or is guided by emotions or FOMO. There lies financial pressure and errors. Instead of judging aggressive buyers, it is better to pay attention to the question whether their strategy is arranged, sustainable, and in their own financial resources.

[Ryu_Ar1]

From the beginning when we were in bitcoin I think the basic thing besides the knowledge that we have to understand from the start should be the word “guaranteed” not included in the mindset because in this case bitcoin does not guarantee anything even from the beginning bitcoin did not promise anything but because of our beliefs then we just try to keep believing that with long-term investment at least we can get a greater possibility to get an increase in the quality of life but obviously there is no guarantee whatsoever in it.

Even though each of us understand that our bitcoin investment is not guaranteed, each of us still has to figure out the level of our aggressiveness in terms of our investing into bitcoin - so maybe the guy who could have had invested 20% into bitcoin, is kicking himself because he merely invested 10% of his income into bitcoin.  The guy with a 10% investment level would end up with half as many bitcoin as compared with the guy who had choosen to invest 20% of his income into bitcoin.   .. but yeah, we have to work within our limitation, yet sometimes we will make trade-offs, and then we might later regret the trade-offs that we had chosen to make.

For the aggressiveness issue, I think we have to look back at what we can get from total income first because this can determine the level of aggressiveness we have in investment because even though we have to consider this, we also have to be able to minimize what happens afterwards.

For example, if we decide from the beginning to classify 80% for living needs, reserve funds and unexpected funds, the remaining 20% we invest whether in the end this can cover or not if in the end we decide this from the beginning then it could be very hindering in terms of consistency, but when we already feel enough with this (which makes 20% investment without being disturbed by our personal needs) then it will indeed be very good.

I would prefer to increase this aggressiveness over time, for example we set 10% at the beginning to invest and when we feel that the remaining 90% of our income is still left for personal needs, reserve funds and emergencies then we can increase it gradually such as to 15% or more.

This will be an ongoing evaluation in the end so that we don't let the level of our investment interfere with our lives, which when that happens will actually hamper our investment. Because sometimes I see some people who actually give up on their investments not because of a lack of confidence in their investments but they cannot manage their finances so they act aggressively at the beginning but it becomes a problem in the future so they take part of their investment for the needs of the life they live.

[Merit.s]

I agree with you but to some point or some level it is not good to be aggressive especially when someone is new in Bitcoin investment, they need to be careful and invest gradually using the DCA method which is mostly preferable for beginners and the reason why newbie or beginners should not be aggressive is because they are still fragile and as the name implies "newbie" they are still new so it won't be wise to be aggressive as they can easily make mistakes but as for old folks being aggressive is not wrong provided it is coming from one's discretionary.

Of course, a newbie cannot be aggressive in his bitcoin purchase because he has to build up his emergency funds and other backup funds in place first before he can start buying aggressively because it's the size of your discretionary income and emergency funds that will determine your level of aggressiveness.

However, a newbie who is new into bitcoin but has othe assets and not new into investing. For instance, a rich guy. He can choose to buy aggressive because he already has some business/asset on ground that can serve as his emergency funds making it easy for him to invest aggressively based on the size of his discretionary income.

[JayJuanGee]

From the beginning when we were in bitcoin I think the basic thing besides the knowledge that we have to understand from the start should be the word “guaranteed” not included in the mindset because in this case bitcoin does not guarantee anything even from the beginning bitcoin did not promise anything but because of our beliefs then we just try to keep believing that with long-term investment at least we can get a greater possibility to get an increase in the quality of life but obviously there is no guarantee whatsoever in it.

Even though each of us understand that our bitcoin investment is not guaranteed, each of us still has to figure out the level of our aggressiveness in terms of our investing into bitcoin - so maybe the guy who could have had invested 20% into bitcoin, is kicking himself because he merely invested 10% of his income into bitcoin.  The guy with a 10% investment level would end up with half as many bitcoin as compared with the guy who had choosen to invest 20% of his income into bitcoin.   .. but yeah, we have to work within our limitation, yet sometimes we will make trade-offs, and then we might later regret the trade-offs that we had chosen to make.

For the aggressiveness issue, I think we have to look back at what we can get from total income first because this can determine the level of aggressiveness we have in investment because even though we have to consider this, we also have to be able to minimize what happens afterwards.

Level of aggressiveness is measured based on discretionary income - not regular income.  Do you need an example?  Or maybe you need to explain why we would use regular income to figure out our level of aggressiveness?

For example, if we decide from the beginning to classify 80% for living needs, reserve funds and unexpected funds, the remaining 20% we invest whether in the end this can cover or not if in the end we decide this from the beginning then it could be very hindering in terms of consistency, but when we already feel enough with this (which makes 20% investment without being disturbed by our personal needs) then it will indeed be very good.

You are describing the matter in a very confusing way.

Maybe an example would help.  Let's use the guy who has an annual income of $30k ($2,500 per month), and he has $1,500 of basic expenses (60%).  Therefore he has $1k left as discretionary income (40%). 

The basic expenses would be things like housing, basic food, utilities, basic transportation, basic clothing

The discretionary funds can be used in three ways  1) invest, 2) save and 3) discretionary consumption.

Of course we are talking about investment as bitcoin, yet it can be any other asset that is chosen to be invested into

Savings includes both emergency funds and reserve funds

Discretionary consumption would be the various kinds of expenses that goes beyond the basic consumption.. so maybe they wants rather than the needs.  In reality the basic and discretionary consumption might get mixed up, yet people can learn how to categorize these matters in ways that are correct... So if someone has a an expensive phone, the extra costs for the expensive phone might be considered to be want rather than need, yet if the phone is used for work then sometimes the extra bells and whistles might be justified as needs rather than wants.  When you are classifying these matters, you have to figure out how to be honest with yourself, especially if you are figuring out ways to be able to invest more by freeing up more discretionary funds to be able to use to invest into bitcoin.

With both discretionary consumption and investment, the money is spent, and cannot necessarily be recovered, including that the investment would be locked up 4-10 years into the future, though there are possibilities that it could be recovered or appreciate/depreciate in value... even though presumptively if value is continued to be injected into the investment weekly, then presumptively with the passage of time the investment into bitcoin would grow in value by the additional amount put into it (without withdrawing from it) and perhaps even because of appreciation.

The part that goes into savings (back up funds, emergency funds, reserves) may well continue to build up too, yet it is in cash so it may well depreciate in value with the passage of time, even though we continue to add to it so that it can adequately cover our expenses if we need to use it, whether it is for emergencies or for designated reasons that we might have had held it aside (even flexible reasons).

I would prefer to increase this aggressiveness over time, for example we set 10% at the beginning to invest and when we feel that the remaining 90% of our income is still left for personal needs, reserve funds and emergencies then we can increase it gradually such as to 15% or more.

There is nothing wrong with those kinds of ideas of becoming more aggressive as you become more comfortable.. yet you still should be working within the scope of your discretionary income to figure out matters.

Let's say, for example, going back to the guy with $1k of discretionary income per month. Maybe he starts out putting $200 into bitcoin $300 into savings and $500 into discretionary spending.

Starting from month 4 $300 into bitcoin $200 into savings and $500 into discretionary spending.

Starting from month 9 $400 into bitcoin $200 into savings and $400 into discretionary spending.

Maybe in month 16, he realizes that he has enough in his savings, and so starting from month 16  $600 into bitcoin $50 into savings and $350 into discretionary spending.

So in this example the guy is becoming increasingly aggressive - presumptively as he becomes more comfortable and as his back up funds are likely becoming stronger.

This will be an ongoing evaluation in the end so that we don't let the level of our investment interfere with our lives, which when that happens will actually hamper our investment.

Sure, we find a balance that is comfortable for our finances and our psychology, yet it still is likely going to be uncomfortable, even if we try to strike some balance that is comfortable for our situation.

Because sometimes I see some people who actually give up on their investments not because of a lack of confidence in their investments but they cannot manage their finances so they act aggressively at the beginning but it becomes a problem in the future so they take part of their investment for the needs of the life they live.

I would suggest that sometimes people are overdoing it, so yeah, they have to figure out a kind of balance that is acceptable, and we surely have competing interests that we need to balance as best as we can.