Buy Buy Buy or Sell Sell Sell?

[Kelward]

Being overly aggressive only means one thing which is; you will have to likely invest more than you can afford to loss. So it's very much important that we identify the level in which our investment is within a level that we can take whatever happens thereafter. This implies that we should invest solely from our discretionary income or moreover if you want to be aggressive you can then use up to 90% of your discretionary income that we can call aggressive investments but if you do an aggressive investment outside your discretionary income it will likely end up that you will have to struggle psychologically or financial probably leading to tempering with your investment.

Buying aggressively all the time is not a good idea. Because if a person buys aggressively every time, if he needs some amount of money, then maybe that person can get very broke. For example, if a person invests with 80% or 90% of his discretionary income all the time, then when there is a small financial crisis, he will have to depend on his emergency fund or take a loan from someone. But yes, how much % to invest is completely their personal choice. But I think it is right to invest 35% to 45% of your discretionary income. Because it will not be too aggressive and not too low.

You can continue to buy continuously by adopting the DCA method and if you see a decline in the market, you can buy aggressively if you want.

Buying aggressively depends on a couple of factors, it can be convenient for some investors while it won't be for others. In my estimation buying aggressively should depend on your income and expenses, if you don't have much responsibilities then you can afford to buy aggressively. If you have enormous responsibilities and your basic income is almost all of your income it'll be impossible to buy aggressively because your discretionary funds will be very small.

I don't have a problem with buying aggressively if it doesn't affect your basic expenses and you're able to make provision for emergency funds no matter how small. The money you invest in Bitcoin is still your money but buying aggressively is not advisable for the long term. It can affect the quality of your life because you'll be concentrating money more on accumulation while ignoring other aspects of your life that makes it meaningful.

[I_Anime]

Being overly aggressive only means one thing which is; you will have to likely invest more than you can afford to loss. So it's very much important that we identify the level in which our investment is within a level that we can take whatever happens thereafter. This implies that we should invest solely from our discretionary income or moreover if you want to be aggressive you can then use up to 90% of your discretionary income that we can call aggressive investments but if you do an aggressive investment outside your discretionary income it will likely end up that you will have to struggle psychologically or financial probably leading to tempering with your investment.

Buying aggressively all the time is not a good idea. Because if a person buys aggressively every time, if he needs some amount of money, then maybe that person can get very broke. For example, if a person invests with 80% or 90% of his discretionary income all the time, then when there is a small financial crisis, he will have to depend on his emergency fund or take a loan from someone. But yes, how much % to invest is completely their personal choice. But I think it is right to invest 35% to 45% of your discretionary income. Because it will not be too aggressive and not too low.

You can continue to buy continuously by adopting the DCA method and if you see a decline in the market, you can buy aggressively if you want.

Buying aggressively is not actually bad just don’t over doing it . Like for instance due to the fact that you wanna be aggressive you went to the extent of using the percentage meant for your reserve and emergency funds to accumulate. And if you continue with such manner you are only setting a trap for yourself, especially as a long term holding because is going to get to a point that you will have not stress to start tampering with your investment just to take care of some expenses, playing the role of emergency funds.

[Merit.s]

. But I think it is right to invest 35% to 45% of your discretionary income. Because it will not be too aggressive and not too low.

It's too low if you ask me because 50% is  the half of your discretionary income and anyone who want to invest into bitcoin as a new investor should invest at least half of his discretionary income so that he can build his bitcoin portfolio in a fast pace provided that he has confidence in bitcoin. It's people who don't have confidence in bitcoin in the beginning of their bitcoin journey that can start with little amount of money and later increase it if they have built their confidence in bitcoin through their regular DCA ongoing accumulation.

It's better to be aggressively in your bitcoin accumulation when you can, than buying in a whimpy way when you can increase the amount of money that you are using to DCA weekly and it wouldn not affect you. Don't forget that it's not by how long that you have been accumulating bitcoin that matters in the long run but the size of your bitcoin portfolio. Some early investors are regretting that they didn't buy more bitcoin back then when they could afford it at a cheaper rate because they have seen the height that bitcoin have attain currently. Don't also be among those that will regret in future for buying bitcoin with only $35%-$45% of your discretionary income when you can buy with $60% without any problem.

You can continue to buy continuously by adopting the DCA method and if you see a decline in the market, you can buy aggressively if you want.

You can also buy aggressively with DCA method.

[Catenaccio]

You can also buy aggressively with DCA method.

DCA is a strategy that works well if you invest gradually with time. It does not prohibit any investor to purchase bitcoin aggressively but when they do like this, is less likely DCA.

Buying agressively and they will run out of invesment capital for purchasing more bitcoin in future, it's not too good application of DCA in investment. If they make some Bitcoin purchases at different times, I agree that it is still DCA practice for their investment. Even so, it's not too good DCA practice as it can affect their average entry price and reduce good effect of DCA on their entry price.

[Marvelockg]

. But I think it is right to invest 35% to 45% of your discretionary income. Because it will not be too aggressive and not too low.

It's too low if you ask me because 50% is  the half of your discretionary income and anyone who want to invest into bitcoin as a new investor should invest at least half of his discretionary income so that he can build his bitcoin portfolio in a fast pace provided that he has confidence in bitcoin. It's people who don't have confidence in bitcoin in the beginning of their bitcoin journey that can start with little amount of money and later increase it if they have built their confidence in bitcoin through their regular DCA ongoing accumulation.

even though it is true that aggressive accumulation is the easiest way of meeting your investment goal, i still don't agree with you that investing 35% to 40% is below what is actually good for newbie investor to get started with. when you are talking of long-term investment, you can't take out the need to go about it steadily. even if you can go about it slow and steady which might mean that you are not using too much per time or you are going about it much but still steady, what is important is that you are consistent with your investment and that your other needs are still met.

if you increase the allocation for your buys too much, you might end up being caught half way such that other needs might come up that the remaining 50% might not be enough to solve abnd then you have no option than selling part of your holding to solve them all. everything about your investment is about doing proper planning.

Don't also be among those that will regret in future for buying bitcoin with only $35%-$45% of your discretionary income when you can buy with $60% without any problem.

while the goal is to accumilate much bitcoin as fast as you can, it is better to also set a realistic plan that will not fail half way. the DCA helps you effectively accumilate and still attain the target you are hoping to get even without putting too much stress on your income. that i think is the best way rather than trying to invest too much and get caught up half way.

[JayJuanGee]

Investing aggressively in Bitcoin is not a good decision. It has the potential to cause you financial loss.

It's when you buy over aggressively outside your discretionary income that will make you sell your bitcoin when your needs arises if bitcoin price is below your entry point. 

[Edited out]

one more thing that need to be added is that we should not be over aggressive because excessive doing of everything is not good, so while investing aggressively we should do it within our boundaries and not to think of crossing boundaries.

It is true that aggressive investing cannot be fruitful in any way. Why should you invest aggressively?

Don't get me wrong man, I never Said aggressive investing cannot be fruitful in any way, I only talked about not being over aggressive. I think you're misunderstanding the theme aggressive buying of bitcoin.

aggressive buying of bitcoin is mostly apply during the dip, because every dip gives us an opportunity to buy in a cheaper rate so during this period a guy can choose to buy as much as he can so that before the price Will bounce back to the normal value then he must have accumulated enough stash of bitcoin, and start going with the regular method.

It remains problematic to increase level of aggressiveness based on BTC price movements rather than based on the persons financial situation.  There is no problem to keep some money aside for buying dips, but we also likely know that the BTC price may or may not end up dipping.. so any of us will run risks if we are holding money back for dips that might not end up happening... especially for newbies who might still be in their early stages of BTC accumulation, they are likely better off to be buying regularly, persistently, consistently, ongoingly and maybe even aggressively, rather than employing waiting strategies that might not work and that might also contribute to less accumulation of bitcoin which probably should be the goal of many folks who are early in their BTC accumulation journey.

[Edited out]

The tendency to be aggressive in investing depends on your financial stability. If someone's financial situation is such that they are in a position to invest for the long term with emergency funds/floating cash for more than six months then increasing their Bitcoin depositing may be the best option for them. If they gradually increase their Bitcoin accumulation in line with their discretionary income instead of making a lump sum buying, they can easily build a decent portfolio in just a few years (4-10 years).

At the individual level, excessive aggressiveness can be a hindrance to long-term investing but can also be a positive factor at times but my personal opinion is that continuous accumulation rather than a lump sum aggressive buying is more suitable for managing long-term Bitcoin accumulation.

One aspect of DCA investing is that a person can pace his level of aggressiveness within his discretionary income, so if he has something like $150 every week for his discretionary income, he can choose some amount within that weekly $150 and he can vary the amount each week.

Surely if someone is brand new to investing into bitcoin, they might consider the creation of some tentative plan for what they are going to do for the coming 3-6 months... so they might have a weekly investment amount, and they also might have some amount of money that they have already saved up or maybe they have some other investments that they are considering reallocating out of the other investments and into bitcoin. 

Let's say that a brand new person to bitcoin wants to make a tentative bitcoin investment plan for the upcoming 6 months.  He knows that he has right around $150 per week of discretionary income, and he knows that he receives 2 or 3 lump sum payments throughout the year that tend to vary between $600 and $2k, depending on circumstances.  Let's say that he plans to invest $75 into bitcoin into bitcoin every week, and depending on his cash flow he might invest up to $125 on some of the weeks.. but the base amount is going to be $75 per week.  Let's say that he had also recently received a lump sum payment of right around $2k, so he has already decided that he is going to allocate the $2k towards buying bitcoin., so within the use of that $2k he has three buying options 1) lump sum buy right away, 2) defer by DCA and 3) defer by buying on dips that might not happen.

How should he use the $2k lump sum?  DCA is not the obvious answer as you proclaimed laijsica, even though DCA is one of the three available buying options.  Each person who is in such a situation should be considering how to apply the three possible buying options to his own situation in light of his own finances and psychology.. .maybe a default position for someone who does not know what to do based on the trade offs might be to divide equally into three parts, yet even within the DCA and the buying on dips he has to consider how to further sub divide regarding how much time to spread the buys (for the DCA) and how low of a price, what increments and how much per increment (for the buying on dips).

Stil though, using the DCA method is still most advisable for investing in any case regardless of price dips or not

You are likely correct that DCA is the most widely viable for a variety of circumstances, yet anyone who has a lump sum amount of money come available to him, such as $2k (and he is usually buying $75 to $125 worth of bitcoin each week), he needs to decide between his options of 1) buy right away, 2) DCA and/or 3) buy on dips.  The answer is not obviously DCA.  He may need to consider [ur=https://bitcointalk.org/index.php?topic=5376945.msg58719590#msg58719590l]his personal factors[/url] in order to assist him with figuring out how he wants to allocate such lump sum funds.

[edited out]

Aggressive buying helps an investor to grow his portfolio rapidly to reach his accumulation stage, in as much as you have what it takes to buy aggressively without it affecting your investment, since it is important for us to manage our aggressive buying of Bitcoin, because there are some persons that are not really prepared for aggressive buying of Bitcoin but just because friends are doing it, they want to do, such persons will end up sell of his investment or gets stocked when he can no longer have funds to purchase Bitcoin any more.
 
according to JJG,There surely can be some differing opinions in regards to how to manage aggressiveness so that we stay within bounds of aggressiveness and without overdoing it or even saying that we are being aggressive, yet really we are being whimpy since we are holding back too much value for dips that might not end up happening.

There are guys who like to proclaim that they are being smart because they are holding back value for dips, yet it may well end up playing out that they are being overly whimpy with such strategy that may well result with their having less bitcoin than what they would have had otherwise had if they had persistently, consistently, regularly, ongoingly and even aggressively bought bitcoin.

Yes..  Sure.  I have largely been proclaiming that it is up to each one of us to determine how aggressive or whimpy that we want to be within our budget, and even within an attempt to follow a more straight-forward DCA'ing approach guys are able to figure out their level of aggressiveness within such DCAing approach.

So there could be situations to compare guys who largely have similar levels of discretionary income.. let's say $200 per week.

1) a guy might choose to invest fairly aggressively and consistently at $180 per week (90%) into BTC.

2) a second guy might choose to invest fairly whimpily and consistently at $20 per week (10%) into BTC.

3) a third guy might choose to vary his investment between whimpy and aggressive , so maybe minimally he is investing $20 per week no matter what, but some weeks he might invest up to $180 into bitcoin depending on other things going on in his life.

These allocation styles are somewhat personal choices, and they may relate to other kinds of things going on in their lives.. and perhaps even how much they prioritize bitcoin over the other things going on in their lives.  Each of these guys are likely going to do better 10 years down the road as compared with the guy who did not accumulate any bitcoin.

[Bluedrem]

Buying aggressively all the time is not a good idea. Because if a person buys aggressively every time, if he needs some amount of money, then maybe that person can get very broke. For example, if a person invests with 80% or 90% of his discretionary income all the time, then when there is a small financial crisis, he will have to depend on his emergency fund or take a loan from someone. But yes, how much % to invest is completely their personal choice. But I think it is right to invest 35% to 45% of your discretionary income. Because it will not be too aggressive and not too low.

You can continue to buy continuously by adopting the DCA method and if you see a decline in the market, you can buy aggressively if you want.

Do you think that a person should never invest aggressively in Bitcoin?
Of course a person can buy Bitcoin aggressively. When he is meeting his basic needs very well every month and has a healthy amount of money in his emergency fund, my question to you is why wouldn't a person invest aggressively in Bitcoin? When he sees that investing in Bitcoin is better than other investment areas in many ways.
You said that the evidence is that investing in Bitcoin will cause him to suffer in emergencies. So what is the purpose of an emergency fund?
Again, you said not to invest the entire portion of his discretionary income in Bitcoin. And it seems that a person can sometimes invest the entire portion of his discretionary income in Bitcoin because then he has an emergency fund to meet his needs in emergencies.
Yes, until a person builds a healthy emergency fund, his focus should be on the emergency fund.

[Joy_learns_crypto]

Buying aggressively all the time is not a good idea. Because if a person buys aggressively every time, if he needs some amount of money, then maybe that person can get very broke. For example, if a person invests with 80% or 90% of his discretionary income all the time, then when there is a small financial crisis, he will have to depend on his emergency fund or take a loan from someone. But yes, how much % to invest is completely their personal choice. But I think it is right to invest 35% to 45% of your discretionary income. Because it will not be too aggressive and not too low.

You can continue to buy continuously by adopting the DCA method and if you see a decline in the market, you can buy aggressively if you want.

Instead of using the word aggressively you should have used buying bitcoin above your means of livelihood. Someone can have all their necessities covered and still have enough to cover other peoples basic needs and they are buying bitcoin aggressively, they do that because they can afford it.
But if they can’t cover their livelihood expenses and bill, buying bitcoin above and neglecting your sustainability is a bad idea.

[gracreavix]

First:  You misquoted me since you did not quote the proper location from which you took my quote.. which you should have had linked this one.

Oh okay, Thanks for pointing that out. I did not mean to misquote you..
I am still getting used to the forum and learning as I go. I appreciate your correction..

Second:  I am not going into detail about psychology, yet if we are trying to determine the difference between discretionary funds and "the amount that you can afford to lose," then there surely seems to be a bit of subjectivity and psychology involved when any of us are constructing those kinds of limits for ourselves.  We likely will get ourselves into big trouble if we become too aggressive in one direction or another, so there frequently seems to be quite a bit of balancing that any of us ends up doing, and many times even folks with a lot of similar objective factors will end up balancing out their actions differently based on subjective considerations and/or comfort levels.

Yeah, true. Psychology is really a personal thing, even if the numbers look simple, how someone feels about risk and losing money always affects what they do. Everyone balance between going all in or playing it safe is different.

Question: Since you have been at this for a long time now, bcus you profile shows you’ve been in this forum since Feb. 2014 and u also said you’ve been into Bitcoin since 2013, that’s a really long time, if only I was as early as you’re lol…

My question is, how do you personally decide when to adjust your investment percentage as the market changes? Like, do you have any rules or something you look out for to know when to scale up or down your Bitcoin buying?  Or do you jst DCA all through with a fist amount??

Of course the guys who have $100 or more of discretionary income every week, are going to have more flexibility in terms of how they can employ their money as compared with guys who might ONLY have $10 or less of discretionary income each week, and so sometimes the guys with lower levels of discretionary income might rightfully come to the conclusion that they need to stay more focused on bitcoin as compared with their peers who might have more discretionary income at their disposal.  And, they are not incorrect in coming to those kinds of conclusions about the likely need for them to be more focused and even more organized in their finances and focused in their thinking (psychology), yet there still can be ways to redirect focus and aggressiveness and/or perhaps figuring out ways to increase their discretionary income rather than potentially putting themselves into uncomfortable positions due to their seemingly maniacal focus on bitcoin accumulation that may well be ongoingly  bordering upon overdoing it. which causes it to seem more like gambling rather than investing.

That’s fact. When you don’t have much extra money, it’s easy to feel like you need to go heavy just to make progress. But if not careful, it stops being investing and starts looking like gambling. I would say it is better to slow down, try to find ways to earn more or manage money better, than to take risks that can mess things later.

You seem to be correct that sometimes we might believe that we are doing the right thing, and then we take actions that we believe are sufficiently correct in light of the information that we then know, but then later down the road, we come to realize that we over did it, and then we end up getting emotional about something that we could have had avoided (or at least minimized that kind of a later experienced emotional impact).

Yeah, it is usually when it is too late that we realize we went too far or took on more than we should have. And when things don’t go as planned, it really messes with the head. That is why i think it’s better to think ahead and try not to put ourselves in a position we’ll regret later.

In the end, each of us chooses our levels, and surely most of us likely can see potential problematic aspects of aiming to invest (or even investing) 100% of our discretionary income into bitcoin, the exact level still does end up being a personal choice, and people can do whatever they like, even seemingly problematic things, but if they at least recognize the trade offs, then they might still end up coming to some kind of a balance that is similar to what other bitcoin investing aggressive guys are doing, even if they might just be labelling the categories of money differently... which sometimes might help if we are attempting to work with some hypotheticals so we might be able to specifically point out some of the trade offs if a guy might engage in one kind of conduct as compared with another kind of conduct, and even when we get into detailed hypotheticals, we still might not be able to capture various aspects of reality that involve ongoingly changing circumstances and even various kinds of factors that some guys might have to deal with as compared with other guys having different factors that might deal with their family life or their job or their personal health and/or other various kinds of income versus expense matters that they are dealing with.  And so surely there are some guys who have relatively straight forwards income versus expenses and other guys who have a lot of complications in their income versus expenses, so guys should be creating their systems to attempt to account for those kinds of matters and for sure a guy who has way more complicated (perhaps erratic?) income versus expenses, then he likely is going to be way better served to keep larger quantities of back up funds on hand as compared with guys who might have fairly straight-forward (perhaps simple and regular?) income and expenses.

Yeah, I see what you mean. Everyone situation is different, and what works for one person might not work for the next. Would say it’s really about figuring out what fits your own life, especially when things like income or expenses are not always steady.

Question: One thing I’ve been thinking about though, when you’re trying to build long term Bitcoin, how do you personally  rally round the whole thing? Like, do you separate part of your stack as something you might tap into during emergencies, or do you treat it all as untouchable no matter what?

[Gallar]

While investing within the reach of your discretionary funds, buying aggressively during a DIP can be possible probably depending on your discretionary funds and/or how much emergency funds you have in reserve, an investor could pour a reasonable amount of their saved emergency reserve fund on aggressive buying of bitcoin, they kind of purchase should be watched so the investor doesn't spend more than he can afford to leading to unwanted situations later in the future.
Stil though, using the DCA method is still most advisable for investing in any case regardless of price dips or not

Buying bitcoin aggressively during DIP, of course if we get the momentum accidentally it will definitely be very good. But don't get me wrong, because if we deliberately wait for the price to drop to buy bitcoin, of course it is not recommended, because you can lose a lot of momentum. So invest in bitcoin with DCA if you are collecting bitcoin. So don't deliberately wait for DIP without making regular bitcoin purchases. In addition, using emergency funds to invest in bitcoin has often been discussed in this thread that this action is not good. Because emergency funds are not money that is intended to be invested, but are used in an emergency. So I will not explain to you in detail, because you can see a lot of assumptions in this thread why emergency funds should not be used for investment. And in short it is risky so don't try to speculate investing in bitcoin with emergency funds. Because you have to prioritize security and comfort now and in the future. Because it is useless if you are a bitcoin investor, but the funds you invest are not right.

[Umulala-alala]

Buying aggressively all the time is not a good idea. Because if a person buys aggressively every time, if he needs some amount of money, then maybe that person can get very broke. For example, if a person invests with 80% or 90% of his discretionary income all the time, then when there is a small financial crisis, he will have to depend on his emergency fund or take a loan from someone. But yes, how much % to invest is completely their personal choice. But I think it is right to invest 35% to 45% of your discretionary income. Because it will not be too aggressive and not too low.

You can continue to buy continuously by adopting the DCA method and if you see a decline in the market, you can buy aggressively if you want.

Do you think that a person should never invest aggressively in Bitcoin?
Of course a person can buy Bitcoin aggressively. When he is meeting his basic needs very well every month and has a healthy amount of money in his emergency fund, my question to you is why wouldn't a person invest aggressively in Bitcoin? When he sees that investing in Bitcoin is better than other investment areas in many ways.
You said that the evidence is that investing in Bitcoin will cause him to suffer in emergencies. So what is the purpose of an emergency fund?
Again, you said not to invest the entire portion of his discretionary income in Bitcoin. And it seems that a person can sometimes invest the entire portion of his discretionary income in Bitcoin because then he has an emergency fund to meet his needs in emergencies.
Yes, until a person builds a healthy emergency fund, his focus should be on the emergency fund.

There is certainly nothing wrong investing aggressively into bitcoin without overly doing it beyond your Discretionary income in a way that it will not affect your bitcoin investment, most persons buy aggressively because there is dip without any initial budget and get carried away and overly do it without considering if they have the Discretionary income to sustain their bitcoin investment, so buying aggressively shouldn't be base on their is dip rather than the level of your Discretionary income.

[Finebone]

Do you think that a person should never invest aggressively in Bitcoin?
Of course a person can buy Bitcoin aggressively. When he is meeting his basic needs very well every month and has a healthy amount of money in his emergency fund, my question to you is why wouldn't a person invest aggressively in Bitcoin? When he sees that investing in Bitcoin is better than other investment areas in many ways.
You said that the evidence is that investing in Bitcoin will cause him to suffer in emergencies. So what is the purpose of an emergency fund?
Again, you said not to invest the entire portion of his discretionary income in Bitcoin. And it seems that a person can sometimes invest the entire portion of his discretionary income in Bitcoin because then he has an emergency fund to meet his needs in emergencies.
Yes, until a person builds a healthy emergency fund, his focus should be on the emergency fund.

There is certainly nothing wrong investing aggressively into bitcoin without overly doing it beyond your Discretionary income in a way that it will not affect your bitcoin investment, most persons buy aggressively because there is dip without any initial budget and get carried away and overly do it without considering if they have the Discretionary income to sustain their bitcoin investment, so buying aggressively shouldn't be base on their is dip rather than the level of your Discretionary income.

So concerning this your last statement that was made bold, is their any valuable reason to be buying aggressively when their is no dip or when you are not lagging behind in your accumulation journey?
The reason most investors buy during a dip is because you can get a lot of unit of Bitcoin at a very cheaper rate, and yes it's true that as you are buying aggressively, as long as it's done within your discretionary income their is no problem about that, but over doing it is where the problem usually is.

[ejikeme24]

Buying aggressively all the time is not a good idea. Because if a person buys aggressively every time, if he needs some amount of money, then maybe that person can get very broke. For example, if a person invests with 80% or 90% of his discretionary income all the time, then when there is a small financial crisis, he will have to depend on his emergency fund or take a loan from someone. But yes, how much % to invest is completely their personal choice. But I think it is right to invest 35% to 45% of your discretionary income. Because it will not be too aggressive and not too low.

You can continue to buy continuously by adopting the DCA method and if you see a decline in the market, you can buy aggressively if you want.

[Edited out]

so buying aggressively shouldn't be base on their is dip rather than the level of your Discretionary income.

if you know that your discretionary funds is large enough for you to be buying aggressively regardless to the market condition, of course you have all the right to do so, but this is not about having a large discretionary fund, you need to ensure that you have a good cash flow, because I know you're indirectly referring to Micheal Saylor who have been buying aggressively without considering the market situation, That is because he has a good cash flow, which is why he was able to maintain his buying method, So anyone that does not have the capacity shouldn't be looking at Saylor's buying method.

[Btcdeybodi]

You can spend part of your income on entertainment. But if it is too expensive, then maybe there is a flaw in your investment. But we earn and spend for our profit. To make our daily life fun and exciting. If you keep your investment running and spend some part of your income on entertainment or social or family activities, it is not a loss. But do not spend in such a way that if you spend it, you will not be able to deposit Bitcoin anymore.

Before spending from the income, it should also be kept in mind that you should have an emergency fund because there is no such thing as physical illness or a bad accident. So we have to be careful in every step of our life. And we have to think and spend before spending. Only then can you be a successful investor. And you have to take care that your investment does not spend so much on anything like alcohol that you struggle with your income.

Now that is where financial management comes in, but you should understand that investing in Bitcoin doesn't stop us from having fun with our life or entertainment, that is why it is wise to have set out expenses to take care of, and all this should be considered in our expenses, If we have a good financial plans and management our lifestyle wouldn't have to affect our Bitcoin investment and building our portfolio, if you're someone who likes going to the stadium on a weekend to watch soccer games or whatever sport it is you have to buy tickets, you've to put that into your expenses, and if you're someone who like alcohol and cigarettes you've to also put that into your expenses and have a good financial plans and budget for them. Now you're not supposed to invest from your weekly or monthly income, rather you are meant to be investing from your discretionary funds so you can be able to sustain and manage your investment. I would suggest that sometimes cutting some of your expenses and lifestyle will definitely help you to have more discretionary funds to enable you accumulate more.

Having fun while still in your accumulation stage of your investment in bitcoin is not necessary, the target is to get enough bitcoins in our portfolio so tending to have fun with part of your discretionary income when still accumulating will become problematic to you so instead of using part of your discretionary income to have fun, it is better to keep it in your reserve funds. Having a target comes with a lot of discipline which means that you can forgo luxury and extravagant lifestyles when investing in bitcoin so that you can be able to arrive at your destination which is to reach your accumulation target. Any other flamboyant way of living should come from the proceeds of your investment and not to use the amount meant for investment to pursue things that are not necessary.

[Sonia_123]

Do you think that a person should never invest aggressively in Bitcoin?
Of course a person can buy Bitcoin aggressively. When he is meeting his basic needs very well every month and has a healthy amount of money in his emergency fund, my question to you is why wouldn't a person invest aggressively in Bitcoin? When he sees that investing in Bitcoin is better than other investment areas in many ways.
You said that the evidence is that investing in Bitcoin will cause him to suffer in emergencies. So what is the purpose of an emergency fund?
Again, you said not to invest the entire portion of his discretionary income in Bitcoin. And it seems that a person can sometimes invest the entire portion of his discretionary income in Bitcoin because then he has an emergency fund to meet his needs in emergencies.
Yes, until a person builds a healthy emergency fund, his focus should be on the emergency fund.

There is certainly nothing wrong investing aggressively into bitcoin without overly doing it beyond your Discretionary income in a way that it will not affect your bitcoin investment, most persons buy aggressively because there is dip without any initial budget and get carried away and overly do it without considering if they have the Discretionary income to sustain their bitcoin investment, so buying aggressively shouldn't be base on their is dip rather than the level of your Discretionary income.

So concerning this your last statement that was made bold, is their any valuable reason to be buying aggressively when their is no dip or when you are not lagging behind in your accumulation journey?
The reason most investors buy during a dip is because you can get a lot of unit of Bitcoin at a very cheaper rate, and yes it's true that as you are buying aggressively, as long as it's done within your discretionary income their is no problem about that, but over doing it is where the problem usually is.

In as much as you are not lagging behind in your investment and your are not ready to buy aggressively there is nothing wrong with that, all you have to do is to keep on buying the way you can buy except when you chose to buy aggressively because of having extra additional income to your usual income .
Aggressive buying are for investors that are far behind their stipulated target, or due to insufficient funds have stopped buying for a long time and are up financially again.

[Princess Leah]

I would suggest that sometimes cutting some of your expenses and lifestyle will definitely help you to have more discretionary funds to enable you accumulate more.

Having fun while still in your accumulation stage of your investment in bitcoin is not necessary, the target is to get enough bitcoins in our portfolio so tending to have fun with part of your discretionary income when still accumulating will become problematic to you so instead of using part of your discretionary income to have fun, it is better to keep it in your reserve funds. Having a target comes with a lot of discipline which means that you can forgo luxury and extravagant lifestyles when investing in bitcoin so that you can be able to arrive at your destination which is to reach your accumulation target. Any other flamboyant way of living should come from the proceeds of your investment and not to use the amount meant for investment to pursue things that are not necessary.

That's why an income is divided into emergency funds, discretionary and so forth the funds meant for entertainment is included so every investor should know the funds to use for the particular activity and at the appropriate time, entertainment is part of life, it's inevitable regardless of how buoyant one is but then someone who's just started and wants to be aggressive can decide to cut down the amount they spend on entertaining themselves for their investment it's a sacrifice worth taking for your more discretionary funds to be generated.

 However using the funds meant for investment to entertain oneself is the height of it all for a Bitcoin investor, being an investor in Bitcoin comes with lots of disciplines any investor who does that lacks discipline and should retrace their steps or end up ruining their portfolio, the worst is taking from a portfolio that's not matured enough to entertain oneself it's a silly act for someone who calls him/herself a Bitcoin investor.

[IceLincoln]

It is true that aggressive investing cannot be fruitful in any way. Why should you invest aggressively? You have never been told that you should invest aggressively. Your well-planned advice for Bitcoin investment can be one of the ways to keep your Bitcoin in the long term. You invest Bitcoin regularly with a part of your income. One thing you need to do to keep Bitcoin in regular investment is to have an emergency fund. If you have an emergency fund, then your investment will not be interfered with in any way.

Many people think that they do not need an emergency fund because they think that their income is enough to invest in Bitcoin. In this case, it turns out that they cannot hold Bitcoin in the long term. So take aggressive decisions, but not aggressive investments.

I don’t understand why you would say aggressive buying CANNOT be fruitful in any way, do you really understand what it means to buy aggressively?. Buying aggressively is at the discretion of the investor so long as he/she is not overdoing it and stretching his financial capabilities, it gives you an edge in accumulating more than you would have if you were buying whimsically.
There’s no formula or standard for aggressive buying, if your income or financial source gives you an opportunity to buy aggressively you should take it. If an investor has a discretionary weekly income of $100 and puts 50% into bitcoin and the other into reserve/funds and has done this for a while (maybe 3-6months) he can decide to start buying aggressively by putting 60-80% into bitcoin, surely this is not bad practice OR within the period of his first weeks of investing 50% he gets a gift of $100-200 and decides to put this money into bitcoin (he’s buying aggressively) thereby increasing his portfolio.

[Solodoski]

..investing in Bitcoin is better than other investment areas in many ways.

When we are comparing timelines (5-10-?, years investment) that truly makes a difference, I can fully agree to what you said. Bitcoin dont just surpass other investment on performance, it also questions the way we place value and risk. But still, I wont say it is better for everyone in every level. Many people still fall under the category of inconsistent paycheck, short term stability, some are still looking for a job. Meaning, not everyone is mentally and financially positioned to withstand the ups and downs that surrounds it within 4 year cycles or longer or perhaps till the their maturity date.

Do you think that a person should never invest aggressively in Bitcoin?
Of course a person can buy Bitcoin aggressively. When he is meeting his basic needs very well every month and has a healthy amount of money in his emergency fund, my question to you is why wouldn't a person invest aggressively in Bitcoin?
You said that the evidence is that investing in Bitcoin will cause him to suffer in emergencies. So what is the purpose of an emergency fund?
Again, you said not to invest the entire portion of his discretionary income in Bitcoin. And it seems that a person can sometimes invest the entire portion of his discretionary income in Bitcoin because then he has an emergency fund to meet his needs in emergencies.
Yes, until a person builds a healthy emergency fund, his focus should be on the emergency fund.

I dont disagree that buying aggressively can be reasonable if we buy under the right conditions, especially if the investor has taken care of the basics of investing (stable income, emergency funds, low or no debt limitation). However, every investors should know if they are emotional ready for the action they want to take. Because in Bitcoin, its not just about doing things inpulsively, its about durability under pressure.

The truth is, in real life emergencies dont always follow the boundaries we set between having an emergency funds and long term investment. Some emergencies threatens life, loss of job, divorce etc. During these times, we may think we can handle everything until it becomes serious leaving the plans we made during easier times to the test.

One more thing you should know. Bitcoin in the long run has a pretty way of revealing if our emergency fund is solid or it is theoretical.

[JayJuanGee]

First:  You misquoted me since you did not quote the proper location from which you took my quote.. which you should have had linked this one.

Oh okay, Thanks for pointing that out. I did not mean to misquote you..
I am still getting used to the forum and learning as I go. I appreciate your correction..

Second:  I am not going into detail about psychology, yet if we are trying to determine the difference between discretionary funds and "the amount that you can afford to lose," then there surely seems to be a bit of subjectivity and psychology involved when any of us are constructing those kinds of limits for ourselves.  We likely will get ourselves into big trouble if we become too aggressive in one direction or another, so there frequently seems to be quite a bit of balancing that any of us ends up doing, and many times even folks with a lot of similar objective factors will end up balancing out their actions differently based on subjective considerations and/or comfort levels.

Yeah, true. Psychology is really a personal thing, even if the numbers look simple, how someone feels about risk and losing money always affects what they do. Everyone balance between going all in or playing it safe is different.

Question: Since you have been at this for a long time now, bcus you profile shows you’ve been in this forum since Feb. 2014 and u also said you’ve been into Bitcoin since 2013, that’s a really long time, if only I was as early as you’re lol…

My question is, how do you personally decide when to adjust your investment percentage as the market changes? Like, do you have any rules or something you look out for to know when to scale up or down your Bitcoin buying?  Or do you jst DCA all through with a fist amount??

Of course, each of us has to go by our own circumstances and attempt to tailor our bitcoin approach to our personal situation, which even includes our sense of bitcoin as an investment compared with other places that we might put value.

I likely was fairly convinced about bitcoin from the start, at least in terms of the boundaries of my tentative plan.

When I came to bitcoin, I had already been investing in various kinds of assets for more than 20 years, so I had built up various kinds of holdings, but mostly in index funds and some aspects in property and businesses, yet at the same time, I had frequently been interested in hedging some of my prior investment to make it gold-like (a hedge against the dollar), and one of my abilities to continue to contribute to a 401k plan was drying up, so I wanted to build some investments (potentially bitcoin) to supplement my having had already built the 401k (the 401k investment did not disappear, only my ability to continue to add to it had disappeared), so I was actually thinking that a 10-20 year investment timeline, I might be able to both build my investment into something like bitcoin and to potentially have the bitcoin investment to be equal to or greater than the 401k that I had been building for somewhere close to 20 years.

So my initial plan was to just follow a 6 month budget that I had created, so I divided the 6 months into 26 parts in order to get my weekly bitcoin investment budget that I followed it for about 5 months and since my timeline was running out (around May 2014), I extended my authorization with another 6 month budget.. so then by the time November/December 2014 came, I started to conclude that maybe I had invested about 10% of my total investment portfolio into bitcoin, and I was starting to feel that I had enough..

and so then thereafter I could just invest into other things.. so the BTC price when I started was around $1,100 in late 2013, and in late 2014, the BTC price was around $380.. and so largely at that time, I started to think that I can just play it by ear with any additional investment that I might make and not to worry so much that I largely had enough bitcoin (even though my cost per BTC was around $600 at that time, so my holdings were around 40% in the negative... and I thought things would just work itself out.

Largely after that late 2014 and into a large part of 2015, the BTC price dropped from upper $300s and lower $400s into the mid-to-lower $200s and even had a couple times going into the mid-to-upper $100s.. so I continued to buy a little of bitcoin mostly in the mid $200s, but I largely had some cashflow problems at that time (with one of my businesses), so I was ONLY periodically able to accumulate bitcoin during 2015, yet even with all of that, I calculated that I had reached an overaccumulation stage because in mid to late 2015, my investment into bitcoin started to get to be around 13.5% of my overall investment portfolio, so I started to conclude that I had overaccumulated by around 3.5%, since my initial goal was to just get the bitcoin to be around 10% of my overall investment portfolio... so from my perspective, my considering myself to have had gotten into overaccumuation status gave me some additional options... in order dealing with my BTC portfolio, so i worked out some systems to sell on the way up and to buy on the way down, and developed some other strategies, whiich really did not take me out of BTC accumulation until perhaps around 2017 by the time that maybe I just went into more of a maintenance status, which means that I did not sell too much BTC on the way up in 2017, and then I bought back down in 2018 from whatever I had sold in 2017.. and in the end, I had been developing my various BTC management strategies based on my own circumstances and my perceptions of my circumstances.

I will say that I never really got out of overaccumulation status since you can see from my various charts that I had assessed my BTC holdings to be 9.5% of my total investment portfolio in late 2014, and then it was 13.5% in late 2015, and then it was 80% in late 2017, and then it was 42% in late 2018, 89% in late 2021, and 63% in mid 2022 (the last time that I updated the chart).

I largely developed strategies that involved selling only small portions of my BTC holdings on the way up.. that might go up to 10% for every doubling, but in practice I did not tend to sell that much and I tended to buy much of if back, yet my theory had been that I wanted to be prepared if the bTC price went shooting up, so that I was never selling so much that I would regret it.. so I had an underlying BTC management approach that had a built in assumption that the BTC price could go shooting up, and then I did not want to be in a position of regretting to having to have sold too much too soon. 

So largely through they years I just allowed whatever value in bitcoin to compound upon itself.. which I figure through 2015 and now, my bitcoin holdings has largely gone through 8 or 9 doublings, which adds up to around 256x appreciation, even though I have been considering counting something like $1k to $3k as my average cost per BTC.. so then it becomes easier to calculate with $1k per BTC.

Some comfort develops with being "in profits," but also potentially ongoingly studying our own circumstances in order to figure out if we might want to adjust any of the strategies that we might have... even if we might move from being in accumulation stage to maintenance stage and then to sustainable withdrawal stage.. We likely would be informed by our ongoing studying of bitcoin, in the even that we are engaged in such... and if we are invested in bitcoin, there should be motivation to stay interested in it.

Of course the guys who have $100 or more of discretionary income every week, are going to have more flexibility in terms of how they can employ their money as compared with guys who might ONLY have $10 or less of discretionary income each week, and so sometimes the guys with lower levels of discretionary income might rightfully come to the conclusion that they need to stay more focused on bitcoin as compared with their peers who might have more discretionary income at their disposal.  And, they are not incorrect in coming to those kinds of conclusions about the likely need for them to be more focused and even more organized in their finances and focused in their thinking (psychology), yet there still can be ways to redirect focus and aggressiveness and/or perhaps figuring out ways to increase their discretionary income rather than potentially putting themselves into uncomfortable positions due to their seemingly maniacal focus on bitcoin accumulation that may well be ongoingly  bordering upon overdoing it. which causes it to seem more like gambling rather than investing.

That’s fact. When you don’t have much extra money, it’s easy to feel like you need to go heavy just to make progress. But if not careful, it stops being investing and starts looking like gambling. I would say it is better to slow down, try to find ways to earn more or manage money better, than to take risks that can mess things later.

Well, there are likely various times that we need to start out with precaution in terms of making sure that we are investing from within our budget and we are picking an amount that is comfortable to us... and we don't want to end up getting wrecked.. even though in the beginning there might be less at stake, but still we should not be wanting to get wrecked due to some mistakes that we made that we could have had avoided or mitigated with more precautions on our end.

Surely in the beginning we likely need to error on the side of not overdoing it as we get used to both investing into bitcoin on a regular basis (hopefully something like weekly), and we get used to building up our cashflow management systems/practices to the extent that we don't already have those kind sof systems/practices in place.  Both in the short run and longer term we want to be in the game and not forced out of the game due to our own mistakes.

You seem to be correct that sometimes we might believe that we are doing the right thing, and then we take actions that we believe are sufficiently correct in light of the information that we then know, but then later down the road, we come to realize that we over did it, and then we end up getting emotional about something that we could have had avoided (or at least minimized that kind of a later experienced emotional impact).

Yeah, it is usually when it is too late that we realize we went too far or took on more than we should have. And when things don’t go as planned, it really messes with the head. That is why i think it’s better to think ahead and try not to put ourselves in a position we’ll regret later.

Over the years, I have seen quite a few of the instances of guys selling too much too soon and/or failing/refusing to regularly buy bitcoin since they keep thinking that the BTC price is going to dip, and then their mistakes end up affecting their whole approach to bitcoin accumulation in a negative way... such as their inability to get back into bitcoin and other seemingly self-inflicted psychological problems... but yeah, sure there can be a variety of mistakes that contribute towards guys managing their bitcoin accumulation badly.

In the end, each of us chooses our levels, and surely most of us likely can see potential problematic aspects of aiming to invest (or even investing) 100% of our discretionary income into bitcoin, the exact level still does end up being a personal choice, and people can do whatever they like, even seemingly problematic things, but if they at least recognize the trade offs, then they might still end up coming to some kind of a balance that is similar to what other bitcoin investing aggressive guys are doing, even if they might just be labelling the categories of money differently... which sometimes might help if we are attempting to work with some hypotheticals so we might be able to specifically point out some of the trade offs if a guy might engage in one kind of conduct as compared with another kind of conduct, and even when we get into detailed hypotheticals, we still might not be able to capture various aspects of reality that involve ongoingly changing circumstances and even various kinds of factors that some guys might have to deal with as compared with other guys having different factors that might deal with their family life or their job or their personal health and/or other various kinds of income versus expense matters that they are dealing with.  And so surely there are some guys who have relatively straight forwards income versus expenses and other guys who have a lot of complications in their income versus expenses, so guys should be creating their systems to attempt to account for those kinds of matters and for sure a guy who has way more complicated (perhaps erratic?) income versus expenses, then he likely is going to be way better served to keep larger quantities of back up funds on hand as compared with guys who might have fairly straight-forward (perhaps simple and regular?) income and expenses.

Yeah, I see what you mean. Everyone situation is different, and what works for one person might not work for the next. Would say it’s really about figuring out what fits your own life, especially when things like income or expenses are not always steady.

Question: One thing I’ve been thinking about though, when you’re trying to build long term Bitcoin, how do you personally  rally round the whole thing? Like, do you separate part of your stack as something you might tap into during emergencies, or do you treat it all as untouchable no matter what?

I would think that folks probably have different arrangements in terms of coins they consider hot, medium and cold, and surely the practices could change over the years.

maybe in the very beginning a person keeps everything on an exchange, but he starts to learn about various ways to hold coins.. so the more ways that he holds coins, then if some of them are hot or medium, then they might be more vulnerable.. like how much might you hold on your phone for transactions, or maybe you don't hold much, but if you know that you are going to buy some expensive item, then you might carry the bitcoin on your phone for just that transaction.

you might have funds that you keep for transacting to refill your hot wallet or maybe transacting with friends and family (not on the street), so those might be medium storage, even though you still might need to be careful about UTXO management in tersm fo if some folks might see the balances in the wallets that you are using.. or maybe you learn about lightning network wallets and other kinds of wallets, so then you would still consider if those are hot, medium or cold, and surely the cold would have the most security, even though you might need to check in on them from time to time (once or twice a year or maybe more, depending on your situation), to make sure that you still have access to them.. Guys will make varying choices, and sometimes not want to get into too many details about what they do, yet I do sometimes post on coin management topics, and thin that the main idea is that there are likely levels.. and surely if you are buying $10 per week, it might take close to a year before you might feel a need to move those accumulated coins to a private wallet.

Do you think that a person should never invest aggressively in Bitcoin?
Of course a person can buy Bitcoin aggressively. When he is meeting his basic needs very well every month and has a healthy amount of money in his emergency fund, my question to you is why wouldn't a person invest aggressively in Bitcoin? When he sees that investing in Bitcoin is better than other investment areas in many ways.
You said that the evidence is that investing in Bitcoin will cause him to suffer in emergencies. So what is the purpose of an emergency fund?
Again, you said not to invest the entire portion of his discretionary income in Bitcoin. And it seems that a person can sometimes invest the entire portion of his discretionary income in Bitcoin because then he has an emergency fund to meet his needs in emergencies.
Yes, until a person builds a healthy emergency fund, his focus should be on the emergency fund.

There is certainly nothing wrong investing aggressively into bitcoin without overly doing it beyond your Discretionary income in a way that it will not affect your bitcoin investment, most persons buy aggressively because there is dip without any initial budget and get carried away and overly do it without considering if they have the Discretionary income to sustain their bitcoin investment, so buying aggressively shouldn't be base on their is dip rather than the level of your Discretionary income.

So concerning this your last statement that was made bold, is their any valuable reason to be buying aggressively when their is no dip or when you are not lagging behind in your accumulation journey?
The reason most investors buy during a dip is because you can get a lot of unit of Bitcoin at a very cheaper rate, and yes it's true that as you are buying aggressively, as long as it's done within your discretionary income their is no problem about that, but over doing it is where the problem usually is.

The level of bitcoin accumulation aggressiveness is likely due to the strength of your cashflow management and not related to bitcoin price, especially for newbies.. it is better to build systems of ongoing bitcoin accumulation rather than waiting strategies, even though sure, you can purposefully hold some cash on the side for buying dips.. yet it is probably better to have systems in place for that rather than changing levels of aggressiveness based on BTC pricer moves.

[HOPE25]

Investing aggressively in Bitcoin is not a good decision. It has the potential to cause you financial loss.

It's when you buy over aggressively outside your discretionary income that will make you sell your bitcoin when your needs arises if bitcoin price is below your entry point. 

[Edited out]

one more thing that need to be added is that we should not be over aggressive because excessive doing of everything is not good, so while investing aggressively we should do it within our boundaries and not to think of crossing boundaries.

It is true that aggressive investing cannot be fruitful in any way. Why should you invest aggressively?

Don't get me wrong man, I never Said aggressive investing cannot be fruitful in any way, I only talked about not being over aggressive. I think you're misunderstanding the theme aggressive buying of bitcoin.

aggressive buying of bitcoin is mostly apply during the dip, because every dip gives us an opportunity to buy in a cheaper rate so during this period a guy can choose to buy as much as he can so that before the price Will bounce back to the normal value then he must have accumulated enough stash of bitcoin, and start going with the regular method.

It remains problematic to increase level of aggressiveness based on BTC price movements rather than based on the persons financial situation.  There is no problem to keep some money aside for buying dips, but we also likely know that the BTC price may or may not end up dipping.. so any of us will run risks if we are holding money back for dips that might not end up happening... especially for newbies who might still be in their early stages of BTC accumulation, they are likely better off to be buying regularly, persistently, consistently, ongoingly and maybe even aggressively, rather than employing waiting strategies that might not work and that might also contribute to less accumulation of bitcoin which probably should be the goal of many folks who are early in their BTC accumulation journey.

[Edited out]

The tendency to be aggressive in investing depends on your financial stability. If someone's financial situation is such that they are in a position to invest for the long term with emergency funds/floating cash for more than six months then increasing their Bitcoin depositing may be the best option for them. If they gradually increase their Bitcoin accumulation in line with their discretionary income instead of making a lump sum buying, they can easily build a decent portfolio in just a few years (4-10 years).

At the individual level, excessive aggressiveness can be a hindrance to long-term investing but can also be a positive factor at times but my personal opinion is that continuous accumulation rather than a lump sum aggressive buying is more suitable for managing long-term Bitcoin accumulation.

One aspect of DCA investing is that a person can pace his level of aggressiveness within his discretionary income, so if he has something like $150 every week for his discretionary income, he can choose some amount within that weekly $150 and he can vary the amount each week.

Surely if someone is brand new to investing into bitcoin, they might consider the creation of some tentative plan for what they are going to do for the coming 3-6 months... so they might have a weekly investment amount, and they also might have some amount of money that they have already saved up or maybe they have some other investments that they are considering reallocating out of the other investments and into bitcoin. 

Let's say that a brand new person to bitcoin wants to make a tentative bitcoin investment plan for the upcoming 6 months.  He knows that he has right around $150 per week of discretionary income, and he knows that he receives 2 or 3 lump sum payments throughout the year that tend to vary between $600 and $2k, depending on circumstances.  Let's say that he plans to invest $75 into bitcoin into bitcoin every week, and depending on his cash flow he might invest up to $125 on some of the weeks.. but the base amount is going to be $75 per week.  Let's say that he had also recently received a lump sum payment of right around $2k, so he has already decided that he is going to allocate the $2k towards buying bitcoin., so within the use of that $2k he has three buying options 1) lump sum buy right away, 2) defer by DCA and 3) defer by buying on dips that might not happen.

How should he use the $2k lump sum?  DCA is not the obvious answer as you proclaimed laijsica, even though DCA is one of the three available buying options.  Each person who is in such a situation should be considering how to apply the three possible buying options to his own situation in light of his own finances and psychology.. .maybe a default position for someone who does not know what to do based on the trade offs might be to divide equally into three parts, yet even within the DCA and the buying on dips he has to consider how to further sub divide regarding how much time to spread the buys (for the DCA) and how low of a price, what increments and how much per increment (for the buying on dips).

Stil though, using the DCA method is still most advisable for investing in any case regardless of price dips or not

You are likely correct that DCA is the most widely viable for a variety of circumstances, yet anyone who has a lump sum amount of money come available to him, such as $2k (and he is usually buying $75 to $125 worth of bitcoin each week), he needs to decide between his options of 1) buy right away, 2) DCA and/or 3) buy on dips.  The answer is not obviously DCA.  He may need to consider [ur=https://bitcointalk.org/index.php?topic=5376945.msg58719590#msg58719590l]his personal factors[/url] in order to assist him with figuring out how he wants to allocate such lump sum funds.

[edited out]

Aggressive buying helps an investor to grow his portfolio rapidly to reach his accumulation stage, in as much as you have what it takes to buy aggressively without it affecting your investment, since it is important for us to manage our aggressive buying of Bitcoin, because there are some persons that are not really prepared for aggressive buying of Bitcoin but just because friends are doing it, they want to do, such persons will end up sell of his investment or gets stocked when he can no longer have funds to purchase Bitcoin any more.
 
according to JJG,There surely can be some differing opinions in regards to how to manage aggressiveness so that we stay within bounds of aggressiveness and without overdoing it or even saying that we are being aggressive, yet really we are being whimpy since we are holding back too much value for dips that might not end up happening.

There are guys who like to proclaim that they are being smart because they are holding back value for dips, yet it may well end up playing out that they are being overly whimpy with such strategy that may well result with their having less bitcoin than what they would have had otherwise had if they had persistently, consistently, regularly, ongoingly and even aggressively bought bitcoin.

Yes..  Sure.  I have largely been proclaiming that it is up to each one of us to determine how aggressive or whimpy that we want to be within our budget, and even within an attempt to follow a more straight-forward DCA'ing approach guys are able to figure out their level of aggressiveness within such DCAing approach.

So there could be situations to compare guys who largely have similar levels of discretionary income.. let's say $200 per week.

1) a guy might choose to invest fairly aggressively and consistently at $180 per week (90%) into BTC.

2) a second guy might choose to invest fairly whimpily and consistently at $20 per week (10%) into BTC.

3) a third guy might choose to vary his investment between whimpy and aggressive , so maybe minimally he is investing $20 per week no matter what, but some weeks he might invest up to $180 into bitcoin depending on other things going on in his life.

These allocation styles are somewhat personal choices, and they may relate to other kinds of things going on in their lives.. and perhaps even how much they prioritize bitcoin over the other things going on in their lives.  Each of these guys are likely going to do better 10 years down the road as compared with the guy who did not accumulate any bitcoin.

Not waiting for the dip or not investing is the biggest risk. Small investments in a consistent manner can give us real results at some point. Fall is in everything, so the most important thing for the newbie is to start now and invest regularly without stopping it in this mindset. Excessive caution will often become an additional risk. Small investments at a time, keeping up with time, risk-taking mentality, and being patient for the right time can bring success. It is impossible to determine the right time for the market. If we dip in the form of DCA, we can get our assets as real assets in the future.