Buy Buy Buy or Sell Sell Sell?

[laijsica]

I think we’re over exaggerating and over emphasizing on this Scenario, it’s just as simple of knowing when to stop if we’re choosing to be aggressive and knowing when to be aggressive financially, I think there is nothing absolutely wrong if we want to be aggressive and there are times we can be aggressive and there are also times we might not be aggressive, it depends on when we have more discretionary income to be more aggressive, because there is no way we can be aggressive when we don’t have a discretionary income, and we should be also smart and intelligent enough to know when is the right time to be aggressive and when it’s not the right time to be aggressive.

The truth is that buying Bitcoin aggressively is not a bad idea if you are doing it from your discretionary income, it is very good, especially if you are still far away in your accumulation journey,  where the problem usually lies is doing it outside your discretionary income, because by doing that it smells troubles in your ability to hold for a very long time.
Another thing is over doing it without sorting out your basic needs first.

You should have clarified what you mean by discretionary income. I assume you are talking about your own floating cash or earned money. If you know the basics knowledge about Bitcoin, it will be an easy consideration to make a lump sum buying with your floating cash fund because Bitcoin is still in its infancy. It is very likely that its value will skyrocket as time goes by. It is important to have an income stream along with the kind of mental preparation that is required to continue buying for a long time. Sometimes it can be easier to make a long term accumulation target than a lump sum buying. Saving money for family emergencies and accumulate a large portion of your discretionary income each week in Bitcoin can put you in a financially positive position for the future.

[adultcrypto]

Over time now, I've got to learn on so many things regarding investment, we should not be influenced by our decision base on what others are doing , instead we should sit more tight to discover on how we could also adopt a strategy that may best fit in for our investment and then work on it until we made it a reality, many have been so entangled by what others are doing and they don't seem to understand what is ahead of them or expected of them to do at some point while investing.

Even though I understand the aspect of personalizing the investment process, I still think that learning what others are doing to see if it is ideal for you will save you a lot of time and stress of finding out through experience, because the people using those methods would freely share their experience thereby making this easier for you. Take for instance, majority of us are talking about and using the DCA method, you will do better to check if you can use same instead of going ahead to try to invent your own strategy. This is my understanding of how knowledge is supposed to be and even in the field of science, it follows similar pattern. You can add little improvements to it such as using hybrid system of DCA and buying the dip which means you did not completely jettison what is in existence but simply added little touch to it to make it more effective.

[Moreno233]

That is why before we can invest, we have to learn more and more, understand the nature of the markets and have the ability to hold and make right decisions that could contribute more to our interest than being on losses, we may think all these don't count, but at last, they do, since the decisions made by us today will always be a reflection of what we see tomorrow, because there is no magic in what we do, but we have to be intended for making the right choice investing.

It has been emphasized several time in this thread that you don't need all the knowledge in the world before investing in bitcoin. All you need is the basic knowledge to get started and the other things can come with time. Even now, no one can claim to know everything about Bitcoin which means even the devs are still working and improving on what we have today. So, get started the moment you have your discretionary income and the basic knowledge and keep improving as you invest. The investment can even be a motivation for you to learn more about Bitcoin. From experience, if you want to get all the knowledge about Bitcoin before you get started, you may never get started because the knowledge is continuous.

[Tonimez]

Wanting to know everything about bitcoin before making your investments in bitcoin sounds good but it's definitely not the best option for anyone. In recent times, it is almost impossible for anyone on the media not to have seen repeated news about bitcoin exploits even though you are not interested in the news, it pops up always. This means that when a person finally wishes to invest in bitcoin, he already has that basic knowledge of what bitcoin looks like and if he goes on to wait and start learning everything about bitcoin before making his investments even when he already has a discretionary income, then he may never get enough knowledge about bitcoin or he may also end up trading bitcoin.

The quest for more knowledge about bitcoin among beginners is the reason behind the rise in bitcoin gamblers. When a beginner starts focusing on the charts and waiting for dips, his knowledge is already biased and he may either quit bitcoin investment completely after loosing his assets or return to long-term holding after recording several losses. Sometimes we have also speak to the beginners especially if the person depends on you for advice.

[JayJuanGee]

I think we’re over exaggerating and over emphasizing on this Scenario, it’s just as simple of knowing when to stop if we’re choosing to be aggressive and knowing when to be aggressive financially, I think there is nothing absolutely wrong if we want to be aggressive and there are times we can be aggressive and there are also times we might not be aggressive, it depends on when we have more discretionary income to be more aggressive, because there is no way we can be aggressive when we don’t have a discretionary income, and we should be also smart and intelligent enough to know when is the right time to be aggressive and when it’s not the right time to be aggressive.

The truth is that buying Bitcoin aggressively is not a bad idea if you are doing it from your discretionary income, it is very good, especially if you are still far away in your accumulation journey,  where the problem usually lies is doing it outside your discretionary income, because by doing that it smells troubles in your ability to hold for a very long time.
Another thing is over doing it without sorting out your basic needs first.

To buy aggressively, we have to depend on our financial situation. If we buy without depending on our financial situation, then we may put our holdings in danger later. For example, if we invest with our emergency money, then if we need that amount of money, then we may have to sell our holdings. So it is better to be aggressive depending on our financial situation.

Let me tell you in a little simpler language. As you said, invest aggressively with discretionary income. If you invest with the entire amount of your discretionary income, then you will not be able to create an emergency fund. If your emergency fund is already created, then if you invest with your entire amount of discretionary income and then you have any kind of financial crisis, then you will have to take money from your emergency fund. But it is never right to take money from your emergency fund for these small financial crises. So it is always better to invest 5 to 25% of your discretionary income

If a person is investing into bitcoin, they can invest up to 100% of their discretionary income, but if they make a mistake then they are being too aggressive.  Therefore it is good to hold back.

If a person decides to invest somewhere between 5% and 25% of their income into bitcoin, then they still cannot go over 100% of their discretionary income, so presumptively anyone investing 5% to 25% of his income into bitcoin is working within his discretionary income.

It seems pretty whimpy to only invests 5% to 25% of your discretionary income. .but guys can do what they like, even whimpy things.

Many folks struggle to be able to save/invest 10% of their income. so presumptively they are saving/investing from their discretionary income, and someone who saves/invests 10% of his income might be saving/investing 60% to 80% of his discretionary income... perhaps.

Sometimes we might need to talk about an example.  Maybe a guy makes $2,000 a month, and he has around $1,000 a month in basic expenses, and then he might have another $300 a month in discretionary expenses, so then he might have $700 a month that is left, and he might put half of that into his bitcoin investment around $350 and the other half of $350 into his back up funds.  In that case he is investing only 17.5% of his income into bitcoin, but he is investing 35% of his discretionary income, and perhaps once his emergency funds are up to a high enough amount, then he might invest $700 per month into bitcoin, which is 70% of his discretionary income, but only 35% of his regular income (which might be a real hard goal to reach since many folks struggle to invest/save 10% of their income).

[ruykeri]

Over time now, I've got to learn on so many things regarding investment, we should not be influenced by our decision base on what others are doing , instead we should sit more tight to discover on how we could also adopt a strategy that may best fit in for our investment and then work on it until we made it a reality, many have been so entangled by what others are doing and they don't seem to understand what is ahead of them or expected of them to do at some point while investing.

That is why before we can invest, we have to learn more and more, understand the nature of the markets and have the ability to hold and make right decisions that could contribute more to our interest than being on losses, we may think all these don't count, but at last, they do, since the decisions made by us today will always be a reflection of what we see tomorrow, because there is no magic in what we do, but we have to be intended for making the right choice investing.

If someone wants to invest, then it is imperative that they have an idea about Bitcoin. But don't take too much time to gain this knowledge. Because the content of Bitcoin is very vast. There is no end to learning here. With time, new things are coming, people are researching and working on them. So if you spend too much time learning all this, then many more opportunities to invest in Bitcoin will be missed. You must have a basic idea about Bitcoin and its security.

You have talked about understanding the nature of the Bitcoin market, in fact, no one can say exactly when the price of Bitcoin will increase or decrease and how much it will decrease. However, after a long time, the price of Bitcoin has increased many times, we can understand this by looking at the statistics of the past. And it is clear to us that if one can hold Bitcoin for a long time, he can get a lot of profit from Bitcoin. The easiest way to invest in Bitcoin for a long time is to follow the DCA and invest with discretionary income. In addition, if create an emergency fund reserve fund, that can solve any strategic problem without having to sell Bitcoin... In fact, instead of using Bitcoin as trading or gambling, we should see it as a means of future security for ourselves and our families.

[Kagaru]

If a person is investing into bitcoin, they can invest up to 100% of their discretionary income, but if they make a mistake then they are being too aggressive.  Therefore it is good to hold back.

If a person decides to invest somewhere between 5% and 25% of their income into bitcoin, then they still cannot go over 100% of their discretionary income, so presumptively anyone investing 5% to 25% of his income into bitcoin is working within his discretionary income.

It seems pretty whimpy to only invests 5% to 25% of your discretionary income. .but guys can do what they like, even whimpy things.

Many folks struggle to be able to save/invest 10% of their income. so presumptively they are saving/investing from their discretionary income, and someone who saves/invests 10% of his income might be saving/investing 60% to 80% of his discretionary income... perhaps.

Sometimes we might need to talk about an example.  Maybe a guy makes $2,000 a month, and he has around $1,000 a month in basic expenses, and then he might have another $300 a month in discretionary expenses, so then he might have $700 a month that is left, and he might put half of that into his bitcoin investment around $350 and the other half of $350 into his back up funds.  In that case he is investing only 17.5% of his income into bitcoin, but he is investing 35% of his discretionary income, and perhaps once his emergency funds are up to a high enough amount, then he might invest $700 per month into bitcoin, which is 70% of his discretionary income, but only 35% of his regular income (which might be a real hard goal to reach since many folks struggle to invest/save 10% of their income).

I think your example makes it very clear that a person can play in Bitcoin and reserves at the same time. Aggressive investing is all too often mixed up with being careless but the reality is that you may wish to go all in on Bitcoin but you must have that buffer there. And when you lack an emergency fund, you will be tempted to sell at the wrong time thus reversing all the gains that you have made. I also agree that percentages appear to be different when you are measuring in terms of income or discretionary income. What appears to be a modest fraction of total income may actually be a large fraction of what remains after expenditure, so the method must be appropriate to the actual circumstances of the person.

Over time now, I've got to learn on so many things regarding investment, we should not be influenced by our decision base on what others are doing , instead we should sit more tight to discover on how we could also adopt a strategy that may best fit in for our investment and then work on it until we made it a reality, many have been so entangled by what others are doing and they don't seem to understand what is ahead of them or expected of them to do at some point while investing.

That is why before we can invest, we have to learn more and more, understand the nature of the markets and have the ability to hold and make right decisions that could contribute more to our interest than being on losses, we may think all these don't count, but at last, they do, since the decisions made by us today will always be a reflection of what we see tomorrow, because there is no magic in what we do, but we have to be intended for making the right choice investing.

If someone wants to invest, then it is imperative that they have an idea about Bitcoin. But don't take too much time to gain this knowledge. Because the content of Bitcoin is very vast. There is no end to learning here. With time, new things are coming, people are researching and working on them. So if you spend too much time learning all this, then many more opportunities to invest in Bitcoin will be missed. You must have a basic idea about Bitcoin and its security.

You have talked about understanding the nature of the Bitcoin market, in fact, no one can say exactly when the price of Bitcoin will increase or decrease and how much it will decrease. However, after a long time, the price of Bitcoin has increased many times, we can understand this by looking at the statistics of the past. And it is clear to us that if one can hold Bitcoin for a long time, he can get a lot of profit from Bitcoin. The easiest way to invest in Bitcoin for a long time is to follow the DCA and invest with discretionary income. In addition, if create an emergency fund reserve fund, that can solve any strategic problem without having to sell Bitcoin... In fact, instead of using Bitcoin as trading or gambling, we should see it as a means of future security for ourselves and our families.

Without knowing that their situation is unique, people easily find themselves lost in imitating others. A good foundation of education is good, but as you pointed out, it must not keep one stationary indefinitely as the market continues to move. The trick is to begin with a level of familiarity that will allow you to remain safe and continue learning whilst already having something to learn. Holding long term with DCA and only spending discretionary funds makes it a lot easier to avoid panic decisions and the presence of an emergency fund does not compel you to sell when things get tough.

[Sjkah]

I think we’re over exaggerating and over emphasizing on this Scenario, it’s just as simple of knowing when to stop if we’re choosing to be aggressive and knowing when to be aggressive financially, I think there is nothing absolutely wrong if we want to be aggressive and there are times we can be aggressive and there are also times we might not be aggressive, it depends on when we have more discretionary income to be more aggressive, because there is no way we can be aggressive when we don’t have a discretionary income, and we should be also smart and intelligent enough to know when is the right time to be aggressive and when it’s not the right time to be aggressive.

The truth is that buying Bitcoin aggressively is not a bad idea if you are doing it from your discretionary income, it is very good, especially if you are still far away in your accumulation journey,  where the problem usually lies is doing it outside your discretionary income, because by doing that it smells troubles in your ability to hold for a very long time.
Another thing is over doing it without sorting out your basic needs first.

To buy aggressively, we have to depend on our financial situation. If we buy without depending on our financial situation, then we may put our holdings in danger later. For example, if we invest with our emergency money, then if we need that amount of money, then we may have to sell our holdings. So it is better to be aggressive depending on our financial situation.

Let me tell you in a little simpler language. As you said, invest aggressively with discretionary income. If you invest with the entire amount of your discretionary income, then you will not be able to create an emergency fund. If your emergency fund is already created, then if you invest with your entire amount of discretionary income and then you have any kind of financial crisis, then you will have to take money from your emergency fund. But it is never right to take money from your emergency fund for these small financial crises. So it is always better to invest 5 to 25% of your discretionary income

It is not possible for ordinary people to buy aggressively. Many big businessmen take this risk whose financial condition is very strong. We have to take risks considering our financial condition. If you have enough money aside from monthly expenses, then you can invest with that. Before investing, you should first understand your monthly income well. Again, you should understand how much you spend and how much is left. However, it is not possible for any person to invest aggressively.

[POPOLUV]

I think we’re over exaggerating and over emphasizing on this Scenario, it’s just as simple of knowing when to stop if we’re choosing to be aggressive and knowing when to be aggressive financially, I think there is nothing absolutely wrong if we want to be aggressive and there are times we can be aggressive and there are also times we might not be aggressive, it depends on when we have more discretionary income to be more aggressive, because there is no way we can be aggressive when we don’t have a discretionary income, and we should be also smart and intelligent enough to know when is the right time to be aggressive and when it’s not the right time to be aggressive.

The truth is that buying Bitcoin aggressively is not a bad idea if you are doing it from your discretionary income, it is very good, especially if you are still far away in your accumulation journey,  where the problem usually lies is doing it outside your discretionary income, because by doing that it smells troubles in your ability to hold for a very long time.
Another thing is over doing it without sorting out your basic needs first.

I totally agree with you when it comes to buying of Bitcoin with your discretionary income is not a bad idea because we all knows that discretionary income is an income that remains after all the payment of bills that is suitable and it gives you the motivation of your Bitcoin portfolio to run in longer term without having it in mind of selling your Bitcoin any time soon but allows you in buying Bitcoin as much as can be able to regulate, i don't know anyone to convince or advise me when to buy Bitcoin aggressively because after i have might sort out all bills and remain some of the discretionary income in pocket incase if the needs of buying of anything might arise i can take from their, then the remaining discretionary income to Bitcoin as much as i can buy with DCA strategy which permits me to Bitcoin gradually by gradually with the free mind of not loosing all my investment.

[ejikeme24]

It is not possible for ordinary people to buy aggressively. Many big businessmen take this risk whose financial condition is very strong. We have to take risks considering our financial condition. If you have enough money aside from monthly expenses, then you can invest with that. Before investing, you should first understand your monthly income well. Again, you should understand how much you spend and how much is left. However, it is not possible for any person to invest aggressively.

You seems to have forgotten that buying aggressively does not necessarily mean that you must be a business man or woman, Moreover you're not investing from your business funds but from your discretionary income if your discretionary income is enough for you to start attempting to buy aggressively then you have every right to do so, but should be done according to the size of your discretionary income and not going extra mind just so that you can engage yourself into aggressive buying of bitcoin going about it this way is very wrong but once you're investing according to the level of your discretionary income even if you choose to buy aggressively I don't see anything wrong with that but is always advised to stay within your line and not crossing it.

[Taskford]

It is not possible for ordinary people to buy aggressively. Many big businessmen take this risk whose financial condition is very strong. We have to take risks considering our financial condition. If you have enough money aside from monthly expenses, then you can invest with that. Before investing, you should first understand your monthly income well. Again, you should understand how much you spend and how much is left. However, it is not possible for any person to invest aggressively.

You seems to have forgotten that buying aggressively does not necessarily mean that you must be a business man or woman, Moreover you're not investing from your business funds but from your discretionary income if your discretionary income is enough for you to start attempting to buy aggressively then you have every right to do so, but should be done according to the size of your discretionary income and not going extra mind just so that you can engage yourself into aggressive buying of bitcoin going about it this way is very wrong but once you're investing according to the level of your discretionary income even if you choose to buy aggressively I don't see anything wrong with that but is always advised to stay within your line and not crossing it.

They have this misconceptions that buying Bitcoin aggressively is for rich people or what he said businessman. While the fact is anyone can actually do that as long as you have discretionary income which is ready to spend for your investment.

That's why those people have sometimes doubt that Bitcoin is expensive for them since they have wrong impression towards those matters. They should correct those wrong things so that they could able to think that they can buy Bitcoin and start anytime they want.

[Barikui1]

It is not possible for ordinary people to buy aggressively. Many big businessmen take this risk whose financial condition is very strong. We have to take risks considering our financial condition. If you have enough money aside from monthly expenses, then you can invest with that. Before investing, you should first understand your monthly income well. Again, you should understand how much you spend and how much is left. However, it is not possible for any person to invest aggressively.

You seems to have forgotten that buying aggressively does not necessarily mean that you must be a business man or woman, Moreover you're not investing from your business funds but from your discretionary income if your discretionary income is enough for you to start attempting to buy aggressively then you have every right to do so, but should be done according to the size of your discretionary income and not going extra mind just so that you can engage yourself into aggressive buying of bitcoin going about it this way is very wrong but once you're investing according to the level of your discretionary income even if you choose to buy aggressively I don't see anything wrong with that but is always advised to stay within your line and not crossing it.

The point is that ignorance is the major cause of inaction and wrong accumulation approach by most newbies investors and that has what kept them backward or even stagnant in their Bitcoin accumulation journey because they mostly feels that they can't do some certain things because they are not wealthy, not knowing that what they just need to have is the will and the discretionary income to do it.
You will hear something like "I can't invest in Bitcoin aggressively because am not rich" not knowing that aggressive accumulation boils down to how good you are with your money management skills, because their are so many people out there that earns quite a lot of money but still can't figure out their discretionary income because they can't give a perfect explanation on how they spent their money, so it's more about a good money management skills than being wealthy.

[Mocha Gilmore]

It is not possible for ordinary people to buy aggressively. Many big businessmen take this risk whose financial condition is very strong. We have to take risks considering our financial condition. If you have enough money aside from monthly expenses, then you can invest with that. Before investing, you should first understand your monthly income well. Again, you should understand how much you spend and how much is left. However, it is not possible for any person to invest aggressively.

You seems to have forgotten that buying aggressively does not necessarily mean that you must be a business man or woman, Moreover you're not investing from your business funds but from your discretionary income if your discretionary income is enough for you to start attempting to buy aggressively then you have every right to do so, but should be done according to the size of your discretionary income and not going extra mind just so that you can engage yourself into aggressive buying of bitcoin going about it this way is very wrong but once you're investing according to the level of your discretionary income even if you choose to buy aggressively I don't see anything wrong with that but is always advised to stay within your line and not crossing it.

Correct me sir if I am wrong about aggressive buying of bitcoin.  As a newbie this what I think about aggressive buying of bitcoin,I think if you're buying Bitcoin within the limit of your discretional income,then you're not aggressively buying bitcoin. Aggressively buying of bitcoin is when you're buying Bitcoin outside of your discretional income and at that points of going aggressive, you're no longer investing but gambling with your bitcoin investment .  However going aggressive isn't bad if you're not overdoing it, by knowing when to stop is just fine.

[Cgrexp]

Over time now, I've got to learn on so many things regarding investment, we should not be influenced by our decision base on what others are doing , instead we should sit more tight to discover on how we could also adopt a strategy that may best fit in for our investment and then work on it until we made it a reality, many have been so entangled by what others are doing and they don't seem to understand what is ahead of them or expected of them to do at some point while investing.

That is why before we can invest, we have to learn more and more, understand the nature of the markets and have the ability to hold and make right decisions that could contribute more to our interest than being on losses, we may think all these don't count, but at last, they do, since the decisions made by us today will always be a reflection of what we see tomorrow, because there is no magic in what we do, but we have to be intended for making the right choice investing.

If someone wants to invest, then it is imperative that they have an idea about Bitcoin. But don't take too much time to gain this knowledge. Because the content of Bitcoin is very vast. There is no end to learning here. With time, new things are coming, people are researching and working on them. So if you spend too much time learning all this, then many more opportunities to invest in Bitcoin will be missed. You must have a basic idea about Bitcoin and its security.

You have talked about understanding the nature of the Bitcoin market, in fact, no one can say exactly when the price of Bitcoin will increase or decrease and how much it will decrease. However, after a long time, the price of Bitcoin has increased many times, we can understand this by looking at the statistics of the past. And it is clear to us that if one can hold Bitcoin for a long time, he can get a lot of profit from Bitcoin. The easiest way to invest in Bitcoin for a long time is to follow the DCA and invest with discretionary income. In addition, if create an emergency fund reserve fund, that can solve any strategic problem without having to sell Bitcoin... In fact, instead of using Bitcoin as trading or gambling, we should see it as a means of future security for ourselves and our families.

It is important to have basic concepts in investing, but it should be continued not only before starting to invest but also after investing. To have a clearer idea about investing, it is necessary to have basic concepts and financial knowledge. However, young people are still learning and they need more practice. Mistakes can happen, but learning from mistakes and limitations create opportunities. It is also important to spend some time a week learning basic concepts, learning and following financial matters in addition to studying or working. Regular learning and planning based on your own experience can be the key to success. Therefore, to move forward on a safe and sustainable path, you should increase your basic concepts, financial status and future planning.

[Umulala-alala]

I think we’re over exaggerating and over emphasizing on this Scenario, it’s just as simple of knowing when to stop if we’re choosing to be aggressive and knowing when to be aggressive financially, I think there is nothing absolutely wrong if we want to be aggressive and there are times we can be aggressive and there are also times we might not be aggressive, it depends on when we have more discretionary income to be more aggressive, because there is no way we can be aggressive when we don’t have a discretionary income, and we should be also smart and intelligent enough to know when is the right time to be aggressive and when it’s not the right time to be aggressive.

The truth is that buying Bitcoin aggressively is not a bad idea if you are doing it from your discretionary income, it is very good, especially if you are still far away in your accumulation journey,  where the problem usually lies is doing it outside your discretionary income, because by doing that it smells troubles in your ability to hold for a very long time.
Another thing is over doing it without sorting out your basic needs first.

To buy aggressively, we have to depend on our financial situation. If we buy without depending on our financial situation, then we may put our holdings in danger later. For example, if we invest with our emergency money, then if we need that amount of money, then we may have to sell our holdings. So it is better to be aggressive depending on our financial situation.

Let me tell you in a little simpler language. As you said, invest aggressively with discretionary income. If you invest with the entire amount of your discretionary income, then you will not be able to create an emergency fund. If your emergency fund is already created, then if you invest with your entire amount of discretionary income and then you have any kind of financial crisis, then you will have to take money from your emergency fund. But it is never right to take money from your emergency fund for these small financial crises. So it is always better to invest 5 to 25% of your discretionary income

It is not possible for ordinary people to buy aggressively. Many big businessmen take this risk whose financial condition is very strong. We have to take risks considering our financial condition. If you have enough money aside from monthly expenses, then you can invest with that. Before investing, you should first understand your monthly income well. Again, you should understand how much you spend and how much is left. However, it is not possible for any person to invest aggressively.

You are getting your self confused now, at first you said that it is impossible for ordinary people to buy bitcoin aggressively that means there are folks who can buy it and lastly you now said it is not possible for any body to buy aggressively and this sounds confusing, i want you to know that any body can buy aggressively there are times an investor can buy aggressively using their discretionary income without over doing it sometimes it can be when the market is at dip so buy aggressively is not specifically for a particular group of persons or investors.

It is not possible for ordinary people to buy aggressively. Many big businessmen take this risk whose financial condition is very strong. We have to take risks considering our financial condition. If you have enough money aside from monthly expenses, then you can invest with that. Before investing, you should first understand your monthly income well. Again, you should understand how much you spend and how much is left. However, it is not possible for any person to invest aggressively.

You seems to have forgotten that buying aggressively does not necessarily mean that you must be a business man or woman, Moreover you're not investing from your business funds but from your discretionary income if your discretionary income is enough for you to start attempting to buy aggressively then you have every right to do so, but should be done according to the size of your discretionary income and not going extra mind just so that you can engage yourself into aggressive buying of bitcoin going about it this way is very wrong but once you're investing according to the level of your discretionary income even if you choose to buy aggressively I don't see anything wrong with that but is always advised to stay within your line and not crossing it.

Correct me sir if I am wrong about aggressive buying of bitcoin.  As a newbie this what I think about aggressive buying of bitcoin,I think if you're buying Bitcoin within the limit of your discretional income,then you're not aggressively buying bitcoin. Aggressively buying of bitcoin is when you're buying Bitcoin outside of your discretional income and at that points of going aggressive, you're no longer investing but gambling with your bitcoin investment .  However going aggressive isn't bad if you're not overdoing it, by knowing when to stop is just fine.

It is wrong to buy bitcoin outside your discretionary income that's gambling you are doing because you are buying with money you can't afford to loss, you are buy over aggressively when it is not done with your discretionary income and this method will affect your bitcoin investment.

[Spaceman1000$]

It is not possible for ordinary people to buy aggressively. Many big businessmen take this risk whose financial condition is very strong. We have to take risks considering our financial condition. If you have enough money aside from monthly expenses, then you can invest with that. Before investing, you should first understand your monthly income well. Again, you should understand how much you spend and how much is left. However, it is not possible for any person to invest aggressively.

You seems to have forgotten that buying aggressively does not necessarily mean that you must be a business man or woman, Moreover you're not investing from your business funds but from your discretionary income if your discretionary income is enough for you to start attempting to buy aggressively then you have every right to do so, but should be done according to the size of your discretionary income and not going extra mind just so that you can engage yourself into aggressive buying of bitcoin going about it this way is very wrong but once you're investing according to the level of your discretionary income even if you choose to buy aggressively I don't see anything wrong with that but is always advised to stay within your line and not crossing it.

Correct me sir if I am wrong about aggressive buying of bitcoin.  As a newbie this what I think about aggressive buying of bitcoin,I think if you're buying Bitcoin within the limit of your discretional income,then you're not aggressively buying bitcoin. Aggressively buying of bitcoin is when you're buying Bitcoin outside of your discretional income and at that points of going aggressive, you're no longer investing but gambling with your bitcoin investment .  However going aggressive isn't bad if you're not overdoing it, by knowing when to stop is just fine.

Aggressive buying of bitcoin, I think has to do with the rapidness to which your increasing your bitcoin accumulation, including your lot size within a particular period of time, either as a result of a dip that you've seen or supposedly an increase in your discretionary income, moreover you will not have to be aggressive all the time, so you will have to resort back to your original lot size after your done with your aggressive accumulation for that period. But accumulating bitcoin outside of you descriptionary income, wether aggressive or not, is totally out of it, as whatever you do should be within your discretionary income.

[Cgrexp]

I think we’re over exaggerating and over emphasizing on this Scenario, it’s just as simple of knowing when to stop if we’re choosing to be aggressive and knowing when to be aggressive financially, I think there is nothing absolutely wrong if we want to be aggressive and there are times we can be aggressive and there are also times we might not be aggressive, it depends on when we have more discretionary income to be more aggressive, because there is no way we can be aggressive when we don’t have a discretionary income, and we should be also smart and intelligent enough to know when is the right time to be aggressive and when it’s not the right time to be aggressive.

The truth is that buying Bitcoin aggressively is not a bad idea if you are doing it from your discretionary income, it is very good, especially if you are still far away in your accumulation journey,  where the problem usually lies is doing it outside your discretionary income, because by doing that it smells troubles in your ability to hold for a very long time.
Another thing is over doing it without sorting out your basic needs first.

To buy aggressively, we have to depend on our financial situation. If we buy without depending on our financial situation, then we may put our holdings in danger later. For example, if we invest with our emergency money, then if we need that amount of money, then we may have to sell our holdings. So it is better to be aggressive depending on our financial situation.

Let me tell you in a little simpler language. As you said, invest aggressively with discretionary income. If you invest with the entire amount of your discretionary income, then you will not be able to create an emergency fund. If your emergency fund is already created, then if you invest with your entire amount of discretionary income and then you have any kind of financial crisis, then you will have to take money from your emergency fund. But it is never right to take money from your emergency fund for these small financial crises. So it is always better to invest 5 to 25% of your discretionary income

It is not possible for ordinary people to buy aggressively. Many big businessmen take this risk whose financial condition is very strong. We have to take risks considering our financial condition. If you have enough money aside from monthly expenses, then you can invest with that. Before investing, you should first understand your monthly income well. Again, you should understand how much you spend and how much is left. However, it is not possible for any person to invest aggressively.

The rich do not buy aggressively only based on their strong financial situation. They act based on their planning and risk management. Ordinary people can also be aggressive if they are self-reliant, informed and patient. Although aggressively is risky, ordinary people can also buy aggressively, but for that they need to gain experience. Everything has a certain time. If someone invests aggressively in a new situation, then he will definitely be at risk. Aggressive or excessive investment can be stressful. Although Bitcoin investment is a completely personal matter. If you are completely new and have only few weeks of backup funds, then it is better not to make risky investments directly. When someone makes a positive decision in investment, it has a positive impact on life and if the decision is negative, it has a negative impact on life. So, instead of thinking about being aggressive, you should first think about improving your financial situation, emergency funds, monthly expenses and preparing for the future.

[Gallar]

Wanting to know everything about bitcoin before making your investments in bitcoin sounds good but it's definitely not the best option for anyone. In recent times, it is almost impossible for anyone on the media not to have seen repeated news about bitcoin exploits even though you are not interested in the news, it pops up always. This means that when a person finally wishes to invest in bitcoin, he already has that basic knowledge of what bitcoin looks like and if he goes on to wait and start learning everything about bitcoin before making his investments even when he already has a discretionary income, then he may never get enough knowledge about bitcoin or he may also end up trading bitcoin.

The quest for more knowledge about bitcoin among beginners is the reason behind the rise in bitcoin gamblers. When a beginner starts focusing on the charts and waiting for dips, his knowledge is already biased and he may either quit bitcoin investment completely after loosing his assets or return to long-term holding after recording several losses. Sometimes we have also speak to the beginners especially if the person depends on you for advice.

Yes, if the context is one of wanting to learn more about Bitcoin before investing, it's probably a bit of a mistake. While there's nothing wrong with doing so, I think it's time-consuming and can lead to delays in investing in Bitcoin. So, with that in mind, I think before investing in Bitcoin, we only need to learn the basics. Like finding a good and trustworthy crypto exchange to buy Bitcoin. I think that's more than enough for a beginner to get started in Bitcoin investment.

Basically, if you want to learn more about Bitcoin, I think it's best to do so after you've already invested. Naturally, any knowledge we gain about Bitcoin will be immediately absorbed. So, I think that's a pretty good solution. But everyone has a different mindset on this matter. So, I can't completely blame those who have different mindsets than I do. The most important thing is, no matter the process, ultimately being able to invest in Bitcoin.

[Finebone]

. But accumulating bitcoin outside of you descriptionary income, wether aggressive or not, is totally out of it, as whatever you do should be within your discretionary income.

This is just the point sir, this is why some Bitcoin investors have problems with their investment because they investment outside of their discretionary income, but if they can invest within their discretionary, it's definitely a welcome idea, not something we should be worried about because it's done properly.

[Obulis]

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?

Surely that is individual specific, and yeah, if you over do it, then you will pay financially and perhaps psychologically.

If you are brand new to investing and you only have around 3-ish weeks of back up funds, then maybe you have already been employing a system like that for years before you got involved in bitcoin, so you are already used to it and you can build your bitcoin investment practices and improve you cashflow management systems and/or practices based on your already having some experience.  

If you are barely new to the working world, then you may have more that you need to learn, so you might have to error on keeping some kind of a cash cushion to see how it works.  So maybe if you always had your parents paying for everything, then you are not used to having and/or managing expenses, and parents might help out their kids in this regard, and so you might know how much you may or may not be able to rely on your parent for emergency back up, but if they already told you what they want you to do, they might not be willing to help you if it appears to them that you are not following their guidelines.

You build on what you have, and if you had not really given much consideration to what you have, then you might have to write it down and to organize your thinking on the topic, yet there are some folks who don't want to write anything down, so they think that they can manage their situation based on their memory, which I would consider to be more prone towards making mistakes and surely a person might have to learn by making mistakes if he is not proactive in regards to trying to figure out his various limits and atttept to account for his cashflows and to project them out for 3 to 6 months or even some folks might be advantaged by projecting out 18 months or longer, even though the more important projections will be in the coming few months, but it might be important to have some ideas regarding how future cashflow projections might work out.. and yeah, some folks will be better at it than others, and my own assumption is that 97% or more of normal adults (perhaps older than 18 years) would already have these various math and common sense skills, even though some younger folks might still be learning some of these matters and also trying to figure out their own emotions and hormones and the extent to which they might need to interact with others (such as their peers) to help to figure out some of these kinds of matters that might largely revolve around figuring out their discretionary income and the extent that they are able to invest 4-10 years or longer, which surely the less real world experience that a person has (such as a student or someone living with their parents), then they may have to use their imagination and/or need to experiment with some of the matters in order to learn their limits or to put what they know into practice to see if they might understand what they are doing or if they might have to ask some questions to someone, whose judgment they trust.

I see a lot of posts from various members talking about bitcoin investment theories and cash flow management theories, yet sometimes it can be difficult to know the extent to which they are actually putting their own ideas (or their own interpretation of ideas) into some kind of a meaningful practice... so yeah, with practice we might already know that we are going to make some mistakes, and some kinds of mistakes might be more tolerable than other kinds of mistakes.. .yet putting ideas into practice is likely amongst the best of ways to figure out one's own limitations in light of his own particular circumstances.

By the way, a person who is a student might have several topics that they need to study, and so maybe they dedicate a few hours a week to personal finances and financial management.  Similar things can be true of a person who is in the working world.  Some jobs might require 40-60 hours per week, yet there still can be downtime and there can be time that guys can dedicate to learning their own approach to bitcoin and/or their cashflow management practices.  Sometimes it is not easy to fit in the learning and the practice and the adjustments from time to time that will hopefully be based upon ongoing learning.

For sure. Your detailed take @JayJuanGee is spot-on ( hitting the nail on the head).
A subtle reflection on financial management and Bitcoin investment on an individual grounds.

Emphasized points:
Difference in financial readiness, the role of experience, need for specific learning and importance of practice

 Preparedness financially for Bitcoin investing is not global, it's completely personal upon personal cashflow management skills. People that are new to being autonomous, like students or young adults, must prioritize building first of all a safety measure. As important as theories, practice gives good understanding, mistakes, and adjusting mistakes out of experience. The point is continuous, intentional learning, dedication of time (and resources) to study finances and investing, and carrying out cautious applications within personal means.
A journey of self-awareness, not a race. Indeed.