JJG’s Outline of Bitcoin Investment Ideas

[Joeboy]

~snip~

It's probably true, sir, that the wealthy are always pushing Prices down to disrupt the market, causing small investors to Panic and sell. I suspect that if They run out of abilities, they use their abilities to spread fud on social media.

This means we must be truly wise and not be provoked by this market situation. We must continue our buying routine, Because when they Manipulate the market, we can take advantage of it to keep buying. we need is the mental support to Hold for a long time.

But I wonder how many of their members are actually capable of controlling the market. I wonder what they doing this for? Are their short positions putting further downward pressure on the Market?

Sincerely speaking, the whales can manipulate the market all they want, that manipulation cannot affect the long term growth of Bitcoin, it only get to affect the short term price movement... And so the long term investors should have no reason for FUD, and that's coz the manipulation could even serve as an opportunity to get Bitcoin at a more cheaper price without have to wait or delay the kickstarting of your investment journey... And so what may seem like a problem can also be viewed as an opportunity... But then that opportunity only works for the long term investors who invests using their discretionary income...

[JayJuanGee]

[edited out]

Aggressive might mean forcing yourself to buy an uncharacteristic amount, so there's a bit of a push to buy a larger amount. But I agree with you that if the benchmark is discretionary funds then that means we buy according to our own ability, and if the situation is that these discretionary funds are increasing then increasing the amount of purchase is the right choice. With your explanation, it is true and I understand it, and maybe what is meant by aggressive here is buying more than we can afford so that it damages the cash flow. In making decisions, it's good that we have to consider it first, not until when we get a moment that is indeed profitable and we make decisions without consideration.

You seem to be mixing up aggressive with overaggressive @Jody.Drummer, since if you overdo it then you are either going beyond your discretionary funds or you are going beyond what you can psychologically tolerate, even though it might still be within discretionary funds.

Let's say that on average every week you have $100 of discretionary funds that are available for you to do whatever you want with them, and so you could choose to invest anywhere between $0 and $100 into bitcoin, and that is your choice regarding how aggressive or how whimpy you choose to be.  Aggressive or whimpy are relative terms since $80 per week would be more aggressive than $20 per week, and $20 per week would be more whimpy than $80 per week, and at the same time, in the end the choice is totally up to you regarding how high or how low you want to go, and each week you could choose a different amount that you feel that you want to do that week.

You could also create a rule for yourself that you can choose to obey or not, and let's say that you create a rule that no matter what you are going to buy at least 20% of your discretionary income in bitcoin, whether that is whimpy or not.. That is your choice of how much you want to do... and maybe after 14 weeks of investing 20% of your discretionary income into bitcoin, you might decide to change your amount.  Of course, with your discretionary income, you can also choose to save and/or you can choose to discretionarily consume.   Personally, I think it is best to not ignore any of the categories of how you could spend your discretionary funds, even though you could have some weeks that you are allocating 0% to any of the categories, even if you considered each of the categories.

[alankasman]

Aggressive might mean forcing yourself to buy an uncharacteristic amount, so there's a bit of a push to buy a larger amount. But I agree with you that if the benchmark is discretionary funds then that means we buy according to our own ability, and if the situation is that these discretionary funds are increasing then increasing the amount of purchase is the right choice. With your explanation, it is true and I understand it, and maybe what is meant by aggressive here is buying more than we can afford so that it damages the cash flow. In making decisions, it's good that we have to consider it first, not until when we get a moment that is indeed profitable and we make decisions without consideration.

That's the principle of someone who is able to manage their discretionary funds. Even though someone has a lot of income their discretionary funds are only enough to meet their needs. I think it's quite difficult to spend a large amount so I agree more with what you said that we should do it based on our abilities without forcing ourselves to spend a large amount but in the end we ourselves are the ones who become burdened with needs that are sometimes not met. So it doesn't mean we can't spend a large amount but we should focus on the discretionary funds we have without forcing our cash flow which will ultimately damage our own cash flow.

Unless the increase that occurs to the discretionary funds that we have is in the increase so it is not a problem to do it to increase the amount of purchases that we will make because if we force it but the discretionary funds that we have have not been seen to increase so this is not necessary to force it to do something that ends with being forced to the amount of purchases so what we need to do is see how if we do so that what we do does not become a big burden that we will bear the problem ourselves even though our goal is to make a purchase amount with the discretionary funds that we have so we have to be more careful in making decisions because the decision is our own decision so that we have to make a lot of considerations so that what we do to the purchase amount is not wrong in making a decision.

[Alonso_]

It is good to have a profit mindset. Because it keeps a person motivated towards long-term holding and investing.

When you focus too much and only on making profit, you can easily get frustrated and sell any time, if the investment is not actually going as planned, so we should desist from reasoning in such a manner because being profit oriented doesn't serves as a motivation in any form, instead it wired your mindset with profit expectations that will only land you in frustration if the expected profit is not coming quickly or fast.

Bitcoin is definitely an asset but the main reason to invest in Bitcoin is to make a profit. Bitcoin is not a land that we can buy and build a house on in the future and live there. But by investing in Bitcoin we can get enough money to buy 10 such houses if we are able to hold it for a long time. But I am not saying that if we hold it for a long time we will be profitable. Our main goal is to make a profit from Bitcoin.

There are some new people who cannot control themselves and become greedy and want to sell their holdings after seeing small profits. They should continue to buy continuously without being attracted to the price of their Bitcoin in the first place.

Well not everyone invest in bitcoin to make profits, which is why it’s necessary to have an investors mindset becoming the same profit that you’re talking about doesn’t have any guarantees whatsoever.

Bitcoin gives you an opportunity to have control over your money when you’re investing in bitcoin, instead of keeping money in the bank for no reason whatsoever, you can invest in bitcoin and have a better security of your money and you have full control over your money at any given time.

Bitcoin gives you opportunities for profits, which is true, and it gives more freedom and control and security over your money, however there are different kinds of people who wants different kinds of things when investing in bitcoin.

[ZeroVinsonN]

[edited out]

Aggressive might mean forcing yourself to buy an uncharacteristic amount, so there's a bit of a push to buy a larger amount. But I agree with you that if the benchmark is discretionary funds then that means we buy according to our own ability, and if the situation is that these discretionary funds are increasing then increasing the amount of purchase is the right choice. With your explanation, it is true and I understand it, and maybe what is meant by aggressive here is buying more than we can afford so that it damages the cash flow. In making decisions, it's good that we have to consider it first, not until when we get a moment that is indeed profitable and we make decisions without consideration.

You seem to be mixing up aggressive with overaggressive @Jody.Drummer, since if you overdo it then you are either going beyond your discretionary funds or you are going beyond what you can psychologically tolerate, even though it might still be within discretionary funds.

A person can be aggressive without having to overdo it, the problem here is that some people want to accumulate as much bitcoin as possible that they forget to keep it within their discretionary income or within what they can tolerate, they assume that since it's their discretionary income they can go all in with their investment without risk forgetting that there are other things they could do with their discretionary income as well.
Being aggressive isn't wrong on its own as long as the investor understands not to overdo it and keep it within what they can tolerate from their discretionary income, it will become counterproductive to overdo, especially since the plan is long term, we are not competing with anyone else, move at your own pace as an individual and don't lose sight of the goal.

[Sally9256]

[edited out]

Aggressive might mean forcing yourself to buy an uncharacteristic amount, so there's a bit of a push to buy a larger amount. But I agree with you that if the benchmark is discretionary funds then that means we buy according to our own ability, and if the situation is that these discretionary funds are increasing then increasing the amount of purchase is the right choice. With your explanation, it is true and I understand it, and maybe what is meant by aggressive here is buying more than we can afford so that it damages the cash flow. In making decisions, it's good that we have to consider it first, not until when we get a moment that is indeed profitable and we make decisions without consideration.

You seem to be mixing up aggressive with overaggressive @Jody.Drummer, since if you overdo it then you are either going beyond your discretionary funds or you are going beyond what you can psychologically tolerate, even though it might still be within discretionary funds.

Let's say that on average every week you have $100 of discretionary funds that are available for you to do whatever you want with them, and so you could choose to invest anywhere between $0 and $100 into bitcoin, and that is your choice regarding how aggressive or how whimpy you choose to be.  Aggressive or whimpy are relative terms since $80 per week would be more aggressive than $20 per week, and $20 per week would be more whimpy than $80 per week, and at the same time, in the end the choice is totally up to you regarding how high or how low you want to go, and each week you could choose a different amount that you feel that you want to do that week.

You could also create a rule for yourself that you can choose to obey or not, and let's say that you create a rule that no matter what you are going to buy at least 20% of your discretionary income in bitcoin, whether that is whimpy or not.. That is your choice of how much you want to do... and maybe after 14 weeks of investing 20% of your discretionary income into bitcoin, you might decide to change your amount.  Of course, with your discretionary income, you can also choose to save and/or you can choose to discretionarily consume.   Personally, I think it is best to not ignore any of the categories of how you could spend your discretionary funds, even though you could have some weeks that you are allocating 0% to any of the categories, even if you considered each of the categories.

While it's good to invest aggressively when a person can, it's still not proper to go overboard with it. Being overaggressive can be costly because it means going out of the right way by either going beyond discretionary income or putting in more than you can afford which is totally wrong because investment is not meant to cause financial and psychological pressure. Most people get the idea of aggressive accumulation wrongly that's why they end up doing it wrongly. We are expected to be able to know our aggressive limit since we know how much we can take.

I agree with you, there's no universal amount for aggressive accumulation and it's totally the decision of every investor to determine how aggressive they go and when they do it since we all have different situations, expenses and even discretionary fund. In the end ones aggressiveness is determined by how much of their discretionary income they can put into buying Bitcoin and not how much they earn or how much discretionary income they have.
Each investor need to set their own rule of aggressiveness based on their own situation in a way that they form a balance approach by considering other uses of the discretionary fund and not just focusing on a certain category and not neglecting the others.

[Barikui1]

Bitcoin is definitely an asset but the main reason to invest in Bitcoin is to make a profit. Bitcoin is not a land that we can buy and build a house on in the future and live there. But by investing in Bitcoin we can get enough money to buy 10 such houses if we are able to hold it for a long time. But I am not saying that if we hold it for a long time we will be profitable. Our main goal is to make a profit from Bitcoin.

It would be better that you speak for yourself than generalizing it that our main goal is to make profit, as you proclaimed at the ending of your statement. You are wrong, because not everyone thinks like you that is profit oriented, and because you are profit oriented, you may be unable to hold for a very long period of time because that urge to sell your bitcoin holdings for quick profit, will be a big problem, and you may sell too early just for minimal gains.
Some people invested in Bitcoin for that privacy and that self custodian right Bitcoin brings, while some invested in it as a store of value, so it's wrong to say that everyone is investing in Bitcoin because of profit.

[Supreme Donvic]

Bitcoin is definitely an asset but the main reason to invest in Bitcoin is to make a profit. Bitcoin is not a land that we can buy and build a house on in the future and live there. But by investing in Bitcoin we can get enough money to buy 10 such houses if we are able to hold it for a long time. But I am not saying that if we hold it for a long time we will be profitable. Our main goal is to make a profit from Bitcoin.

It would be better that you speak for yourself than generalizing it that our main goal is to make profit, as you proclaimed at the ending of your statement. You are wrong, because not everyone thinks like you that is profit oriented, and because you are profit oriented, you may be unable to hold for a very long period of time because that urge to sell your bitcoin holdings for quick profit, will be a big problem, and you may sell too early just for minimal gains.
Some people invested in Bitcoin for that privacy and that self custodian right Bitcoin brings, while some invested in it as a store of value, so it's wrong to say that everyone is investing in Bitcoin because of profit.

Some people really don't understand that people are not just investing in Bitcoin because of profit making there are a lot of reasons why people are investing in Bitcoin and most especially people are investing in Bitcoin for privacy reasons and they are also investing in Bitcoin because they want to secure a very good inheritance for their children so people are not just investing in Bitcoin just because they want to make profit for themselves, anyone who has making of profit mindset in Bitcoin investment such a person usually don't hold for long term because they will actually be tempted to sell when they see little profit since profit making is their major goal.
As someone who is investing in Bitcoin for a long-term, profit making should not be part of your mindset.

[KeenanEl19]

Well not everyone invest in bitcoin to make profits, which is why it’s necessary to have an investors mindset becoming the same profit that you’re talking about doesn’t have any guarantees whatsoever.

Bitcoin gives you an opportunity to have control over your money when you’re investing in bitcoin, instead of keeping money in the bank for no reason whatsoever, you can invest in bitcoin and have a better security of your money and you have full control over your money at any given time.

Bitcoin gives you opportunities for profits, which is true, and it gives more freedom and control and security over your money, however there are different kinds of people who wants different kinds of things when investing in bitcoin.

Bitcoin is a promising investment, especially in the long run. In addition, the long-term price increase has provided huge profits for investors who buy it with the right strategy. But what you say is true, it is not a guarantee that everyone will get benefits or that the benefits in this case are very guaranteed, because The value of Bitcoin is highly volatile. The price can soar, but it can also plummet in a short period of time. This makes potential losses possible in an instant.
 
And even so we should not focus only on profits because there are still risks so what you say is not everyone invests in Bitcoin to get profits I think is right too. It's better to just focus on accumulating a budget to invest this in order to do it consistently.

[Abbatty]

Bitcoin is definitely an asset but the main reason to invest in Bitcoin is to make a profit. Bitcoin is not a land that we can buy and build a house on in the future and live there. But by investing in Bitcoin we can get enough money to buy 10 such houses if we are able to hold it for a long time. But I am not saying that if we hold it for a long time we will be profitable. Our main goal is to make a profit from Bitcoin.

It would be better that you speak for yourself than generalizing it that our main goal is to make profit, as you proclaimed at the ending of your statement. You are wrong, because not everyone thinks like you that is profit oriented, and because you are profit oriented, you may be unable to hold for a very long period of time because that urge to sell your bitcoin holdings for quick profit, will be a big problem, and you may sell too early just for minimal gains.
Some people invested in Bitcoin for that privacy and that self custodian right Bitcoin brings, while some invested in it as a store of value, so it's wrong to say that everyone is investing in Bitcoin because of profit.

First you just need to know that this thread is not talking about trading, there are places in this forum that you can discuss that. Ur clearly that you have a mindset of a trader and maybe there is nothing to say for you to think otherwise.

Why even thinking about profit when you know bitcoin is a volatile asset, this is an assets that Doesn’t guarantee you profit, so why being obsessed about profit making.

People with your kind of mindset ends up taking wrong foot about bitcoin. They either end up investing with more than their discretionary income or they end up selling up their holdings when the market fluctuate.

Know that bitcoin investing is about making good and reasonable plans for your future, let bitcoin be the insurance for your good future.

[Halifat]

Well not everyone invest in bitcoin to make profits, which is why it’s necessary to have an investors mindset becoming the same profit that you’re talking about doesn’t have any guarantees whatsoever.

Bitcoin gives you an opportunity to have control over your money when you’re investing in bitcoin, instead of keeping money in the bank for no reason whatsoever, you can invest in bitcoin and have a better security of your money and you have full control over your money at any given time.

Bitcoin gives you opportunities for profits, which is true, and it gives more freedom and control and security over your money, however there are different kinds of people who wants different kinds of things when investing in bitcoin.

Bitcoin is a promising investment, especially in the long run. In addition, the long-term price increase has provided huge profits for investors who buy it with the right strategy. But what you say is true, it is not a guarantee that everyone will get benefits or that the benefits in this case are very guaranteed, because The value of Bitcoin is highly volatile. The price can soar, but it can also plummet in a short period of time. This makes potential losses possible in an instant.
 
And even so we should not focus only on profits because there are still risks so what you say is not everyone invests in Bitcoin to get profits I think is right too. It's better to just focus on accumulating a budget to invest this in order to do it consistently.

I believe not everyone that are investing in Bitcoin are doing that for the sake of profit, but they consider it as an asset a digital asset which they believe that it will never reduce in value. Bitcoin investment is actually for the future I mean long time investment.

Just as you said investing using the best strategy always bring a better results, because you will never feel any stress when you follow that strategies and before you know you will accumulate more Bitcoin with ease. Long terms bitcoin investment only lies in a few rules which if properly followed you arrive the best destination without feeling any anxious.

[Agbam]

It is good to have a profit mindset. Because it keeps a person motivated towards long-term holding and investing.

When you focus too much and only on making profit, you can easily get frustrated and sell any time, if the investment is not actually going as planned, so we should desist from reasoning in such a manner because being profit oriented doesn't serves as a motivation in any form, instead it wired your mindset with profit expectations that will only land you in frustration if the expected profit is not coming quickly or fast.

I'm confused by you. So, what are you investing for if not profit? Sometimes you have to be honest with yourself because having a profit oriented mindset is always your initial motivation for investing without it no one would ever start investing. The hope of earning better returns than savings or time deposits is why people encourage people to learn, set aside money and hold Bitcoin assets.

Hmm it’s obvious you haven’t been reading through this thread, you could have seen the explanation of JayJuanGee and some other members. Bitcoin is a store of value and a hedge against inflation. Most people invest in it for these reasons and not just to make profits, yes profit is part of it but it’s not the primary focus.

When you’re focused on profits, your investments will only take the direction of that of a trader and most times you wouldn’t have peace of mind in times of market downtrends and this may most likely affect your holdings.

[Crakryptvest]

Bitcoin is definitely an asset but the main reason to invest in Bitcoin is to make a profit. Bitcoin is not a land that we can buy and build a house on in the future and live there. But by investing in Bitcoin we can get enough money to buy 10 such houses if we are able to hold it for a long time. But I am not saying that if we hold it for a long time we will be profitable. Our main goal is to make a profit from Bitcoin.

There are some new people who cannot control themselves and become greedy and want to sell their holdings after seeing small profits. They should continue to buy continuously without being attracted to the price of their Bitcoin in the first place.

Making it look like as if every Bitcoin investor is investing for the profit is unacceptable, why not say that's the reason you're investing in Bitcoin than being an unpaid mouthpiece, you don't just make statements just like that, so you think that investors can not invest in Bitcoin because of it's value, what about those that invest in Bitcoin because of it's decentralized nature, I think there are many reasons one can lay hands and say that it is why they got attracted to invested not what you said, man your mentality about Bitcoin investment is unbelievable although you have your opinions but please don't deceive into thinking that profits is the only reason why they should invest in Bitcoin as if Bitcoin offers nothing apart from profit.

[Princess Leah]

I'm confused by you. So, what are you investing for if not profit? Sometimes you have to be honest with yourself because having a profit oriented mindset is always your initial motivation for investing without it no one would ever start investing. The hope of earning better returns than savings or time deposits is why people encourage people to learn, set aside money and hold Bitcoin assets.

Hmm it’s obvious you haven’t been reading through this thread, you could have seen the explanation of JayJuanGee and some other members. Bitcoin is a store of value and a hedge against inflation. Most people invest in it for these reasons and not just to make profits, yes profit is part of it but it’s not the primary focus.

When you’re focused on profits, your investments will only take the direction of that of a trader and most times you wouldn’t have peace of mind in times of market downtrends and this may most likely affect your holdings.

I think anyone would be right if they consider those who constantly sugar coat their ideas about profit as a trader, cause they're the ones who's interested is based on it. People talk about profits like they're very sure Bitcoin would get to a certain amount at certain point, forgetting that it's a volatile asset and we hold on to hope while investing on it.

 I recently gave an Instance on why people shouldn't focus on profit but on the goal so they'll get to overaccumulation, only God knows the end from the beginning so humans shouldn't try to play God while investing in Bitcoin.

[laspol65]

It's probably true, sir, that the wealthy are always pushing Prices down to disrupt the market, causing small investors to Panic and sell. I suspect that if They run out of abilities, they use their abilities to spread fud on social media.

This means we must be truly wise and not be provoked by this market situation. We must continue our buying routine, Because when they Manipulate the market, we can take advantage of it to keep buying. we need is the mental support to Hold for a long time.

But I wonder how many of their members are actually capable of controlling the market. I wonder what they doing this for? Are their short positions putting further downward pressure on the Market?

Sincerely speaking, the whales can manipulate the market all they want, that manipulation cannot affect the long term growth of Bitcoin, it only get to affect the short term price movement... And so the long term investors should have no reason for FUD, and that's coz the manipulation could even serve as an opportunity to get Bitcoin at a more cheaper price without have to wait or delay the kickstarting of your investment journey... And so what may seem like a problem can also be viewed as an opportunity... But then that opportunity only works for the long term investors who invests using their discretionary income...

If you want to invest in Bitcoin, you should definitely invest in the long term. Because the more you use it according to the discretionary rules, the more Bitcoin you will be able to accumulate. Bitcoin should be invested in the long term, not in the short term.
In this current situation, Bitcoin investment plays the most effective role, if you do not invest in Bitcoin at the right time, then you are ruining your future. Therefore, you should definitely hold Bitcoin investment in the long term by using discretionary income.

[Egii Nna]

Let's say that on average every week you have $100 of discretionary funds that are available for you to do whatever you want with them, and so you could choose to invest anywhere between $0 and $100 into bitcoin, and that is your choice regarding how aggressive or how whimpy you choose to be.  Aggressive or whimpy are relative terms since $80 per week would be more aggressive than $20 per week, and $20 per week would be more whimpy than $80 per week, and at the same time, in the end the choice is totally up to you regarding how high or how low you want to go, and each week you could choose a different amount that you feel that you want to do that week.

You could also create a rule for yourself that you can choose to obey or not, and let's say that you create a rule that no matter what you are going to buy at least 20% of your discretionary income in bitcoin, whether that is whimpy or not.. That is your choice of how much you want to do... and maybe after 14 weeks of investing 20% of your discretionary income into bitcoin, you might decide to change your amount.  Of course, with your discretionary income, you can also choose to save and/or you can choose to discretionarily consume.   Personally, I think it is best to not ignore any of the categories of how you could spend your discretionary funds, even though you could have some weeks that you are allocating 0% to any of the categories, even if you considered each of the categories.

People need to know the difference between aggressive investment and over overaggressive investment, it’s not base on the amount you invest, but based on your own financial situation. For instance, the examples that you give if a person has $100 as his discretionary fund (leftover money after all the necessary need), investing $80 is aggressive, but it will only make him gather more Bitcoin in a short period of time, in this circumstance it’s helpful to him. On the other hand if you are earning $100 as your weekly income without any additional income, sometimes even investing $40 weekly becomes overaggressive. Because your situation is not the same as the person that has $100 as his discretionary fund.

So, it’s just about understanding your own situation and knowing how to invest, and still not affect your finances. Because if you invest and it affects your finances you will end up selling everything at lost just to survive, and at the end you will find nothing to show as your bitcoin investment. For instance the second example I used of a person earning $100 weekly without any other source of income, it’s better for him to be investing 10% of his income weekly ( which is $10) then going overaggressive investing $30 or $40 weekly ( that is around 30% to 40% of his monthly income). If he invest safely, he will find it very easy to accumulate more bitcoin and still invest what he can afford to lose at the end of the day.

[Crytohillss]

You seem to be mixing up aggressive with overaggressive @Jody.Drummer, since if you overdo it then you are either going beyond your discretionary funds or you are going beyond what you can psychologically tolerate, even though it might still be within discretionary funds.

Let's say that on average every week you have $100 of discretionary funds that are available for you to do whatever you want with them, and so you could choose to invest anywhere between $0 and $100 into bitcoin, and that is your choice regarding how aggressive or how whimpy you choose to be.  Aggressive or whimpy are relative terms since $80 per week would be more aggressive than $20 per week, and $20 per week would be more whimpy than $80 per week, and at the same time, in the end the choice is totally up to you regarding how high or how low you want to go, and each week you could choose a different amount that you feel that you want to do that week.

You could also create a rule for yourself that you can choose to obey or not, and let's say that you create a rule that no matter what you are going to buy at least 20% of your discretionary income in bitcoin, whether that is whimpy or not.. That is your choice of how much you want to do... and maybe after 14 weeks of investing 20% of your discretionary income into bitcoin, you might decide to change your amount.  Of course, with your discretionary income, you can also choose to save and/or you can choose to discretionarily consume.   Personally, I think it is best to not ignore any of the categories of how you could spend your discretionary funds, even though you could have some weeks that you are allocating 0% to any of the categories, even if you considered each of the categories.

Being aggressive doesn't automatically means being reckless as long as the amount stays within your discretionary income and doesn't affect your financial stability or peace of mind it's truly a matter of personal risk tolerance what feels aggressive to one individual might feel conservative to another.
The point is that aggressiveness should be measured against one financial  and risk tolerance not anyone else once it begins affecting one's ability to sleep at night or manage your expenses it's no longer just aggressive it's excessive, the real mistakes is committing more than one can financially or emotionally handle.

[Rockson1]

I think anyone would be right if they consider those who constantly sugar coat their ideas about profit as a trader, cause they're the ones who's interested is based on it. People talk about profits like they're very sure Bitcoin would get to a certain amount at certain point, forgetting that it's a volatile asset and we hold on to hope while investing on it.

 I recently gave an Instance on why people shouldn't focus on profit but on the goal so they'll get to overaccumulation, only God knows the end from the beginning so humans shouldn't try to play God while investing in Bitcoin.

When you see someone talking about profit this and that, just know that such person is a trader there is no two ways about it, it seems some people won't stop spilling shits, I get mad when I see folks generalizing that we all are investing in Bitcoin for profits, when you see someone that is investing in bitcon for a long-term talk you'll grab some point, even though anything is guaranteed, i still believe that individual ls will still have there plans it must not be pointing at a particular thing, many of those persons you see talking about profit might even be in their early stage of acumulation, this gets me wondering why someone at that stage will be talking about profit if not for the short time mindset embedded in them.

[Grease5000]

Bitcoin is around $61,000 today, but not too long ago in 2023, it was trading around $19,000.

One thing I've noticed is that people who stay focused on the long term and avoid panic selling have generally done well with Bitcoin. That's why I always say never buy Bitcoin with your survival money. Invest only what you can afford to leave untouched for years, and give your investment enough time to work.

[Ashawowo(OS)]

I wouldn't necessarily say that being aggressive is wrong, but if you are going beyond your discretionary income, that is wrong, because aggressive accumulation with the wrong funds or beyond your discretionary income will be problematic to your Bitcoin investment later in the future, but if you are doing it within the confinement of your discretionary income, then their is no problem about that.
As for dip buying, it's also not a problem if you are not waiting for it before buying, because it's unwise pausing your accumulation and hoping to buy at a dip that we are not sure when it may come, so it's an unwise thing to do, which we should not engage ourselves in.

There is no problem with aggressive buying if it is what you want and you have sufficient discretionary funds to fund it but if you don't have sufficient discretionary funds you should suspend it. I think that we should first focus on buying Bitcoin with amount that we can comfortably afford from our discretionary funds, if there is surplus funds at our discretion then we can go for aggressive buying.

I believe that it is due to the zeal of accumulating many Bitcoin so that it will generate enough profit that drives many people to want to buy aggressively. It doesn't matter what you feel about having a large accumulation of Bitcoin if you cannot afford to buy aggressively it is better to avoid it and concentrate on what you can afford. Always priotize your basic expenses before any discretionary expenses.

I don't understand the discussion of “Aggressive” here because if the benchmark is the discretionary fund then when you buy it will definitely adjust to the fund and I think as long as it does not exceed the initial distribution then it will not be considered as aggressive here especially when your discretionary fund has increased then certainly the purchases we make will also increase so it will not be said to be an aggressive action because it is still within the limits of what is reasonable.

Unless we are trying to increase in a direction that we can't bear which will ultimately damage your cash flow plan that is clearly not allowed but as long as the context is still within the limits that we can bear considering the increase in your discretionary funds I don't think it can be said to be an aggressive purchase.
As long as we can balance our discretionary funds then it is not a problem because the purchase already has several considerations including the level that we can tolerate but when it exceeds that where we only focus on the purchasing capacity but do not consider the funds we have it is just a stupid action.

Aggressive might mean forcing yourself to buy an uncharacteristic amount, so there's a bit of a push to buy a larger amount. But I agree with you that if the benchmark is discretionary funds then that means we buy according to our own ability, and if the situation is that these discretionary funds are increasing then increasing the amount of purchase is the right choice. With your explanation, it is true and I understand it, and maybe what is meant by aggressive here is buying more than we can afford so that it damages the cash flow. In making decisions, it's good that we have to consider it first, not until when we get a moment that is indeed profitable and we make decisions without consideration.

When you find out that you're now forcing yourself, then it is no longer aggressiveness but being overaggressive. Investing into bitcoin and aggressiveness in your buys should be from a place of comfort. Aggressiveness can come from being able to manage your cash-flow better such that more discretionary income becomes available and you use it to increase your buying amount, it can still come from funds previously allocated to building your emergency fund when you've finished building it to 3 or more months of expenses. You don't have to force yourself to be aggressive, you shouldn't feel any financial pressure while at it, aggressiveness should feel normal and natural, if not, then it is over aggressiveness.