Bitcoin Forum
June 22, 2024, 04:34:10 PM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: Aggressive Bitcoin investment.  (Read 238 times)
Tmoonz
Full Member
***
Offline Offline

Activity: 196
Merit: 155



View Profile
June 03, 2024, 04:31:02 PM
Merited by hugeblack (1)
 #21

Aggressive Investment is not only putting all your funds in bitcoin without having reserved and emergency funds, sometimes investing %80 of your funds in bitcoin without considering the level of your discretionary and emergency funds can as well be seen as aggressive or over doing.
For example if you receive 130k a month and you invest 20k each every week, making a total of 80k per month left with 50k, that is a bad aggressive Investment and surely the person is over doing it. because your bitcoin Investment should be done in a manner that you will not over do it. It will definitely affect you or Put you in a tight corner.
If you Invest 80k on bitcoin how much will you use for feeding and running family expenses? Or how much will you set aside for emergency and reserved? Surely if you over invest in Bitcoin, the 50k available amount will not be enough for  emergency and reserved. Definitely it will affect your bitcoin HODLing.
Though it depends on you and how you can be able to manage your family. If its you alone you can cope but if it's a large family I doubt if you can manage. The point of the matter is that don't invest aggressively if not you will sell your bitcoin down the road.

However You can invest aggressively when you have the funds to do that, the most important thing is that you don't over do it, if not it will affect you, and you will end up selling some part of your bitcoin to conver up some emergencies that will arise.


You are over emphasizing being aggressive in your Bitcoin investment, there is nothing absolutely wrong approaching your Bitcoin investment aggressively without over doing it such that it will not affect your other living expenses where you have to sell your Bitcoin investment too early in order to meet up your other needs. However, the idea of Bitcoin investment is apparently based on understanding the level or how much of your disposable or discretional income after taken care of whatever might have  been consider to be a basic needs, with a provitional emergency funds inclusive, the level of your aggressiveness should totally depends on the total amount you have as your disposable income and not your total income or salary.

liasbaa
Member
**
Online Online

Activity: 87
Merit: 43

www.licx.io


View Profile
June 03, 2024, 05:36:20 PM
 #22

Aggressive Investment is not only putting all your funds in bitcoin without having reserved and emergency funds, sometimes investing %80 of your funds in bitcoin without considering the level of your discretionary and emergency funds can as well be seen as aggressive or over doing.
For example if you receive 130k a month and you invest 20k each every week, making a total of 80k per month left with 50k, that is a bad aggressive Investment and surely the person is over doing it. because your bitcoin Investment should be done in a manner that you will not over do it. It will definitely affect you or Put you in a tight corner.
If you Invest 80k on bitcoin how much will you use for feeding and running family expenses? Or how much will you set aside for emergency and reserved? Surely if you over invest in Bitcoin, the 50k available amount will not be enough for  emergency and reserved. Definitely it will affect your bitcoin HODLing.
Though it depends on you and how you can be able to manage your family. If its you alone you can cope but if it's a large family I doubt if you can manage. The point of the matter is that don't invest aggressively if not you will sell your bitcoin down the road.

However You can invest aggressively when you have the funds to do that, the most important thing is that you don't over do it, if not it will affect you, and you will end up selling some part of your bitcoin to conver up some emergencies that will arise.


You are over emphasizing being aggressive in your Bitcoin investment, there is nothing absolutely wrong approaching your Bitcoin investment aggressively without over doing it such that it will not affect your other living expenses where you have to sell your Bitcoin investment too early in order to meet up your other needs. However, the idea of Bitcoin investment is apparently based on understanding the level or how much of your disposable or discretional income after taken care of whatever might have  been consider to be a basic needs, with a provitional emergency funds inclusive, the level of your aggressiveness should totally depends on the total amount you have as your disposable income and not your total income or salary.
when investing in Bitcoin, an investor has to prioritize his daily family needs first. One can decide to invest/deposit a fraction of disposable income into Bitcoin. Being aggressive in depositing/investment early can hurt your investment because you tend to be reluctant to keep your cash in excess. You may need emergency cash in future for urgent needs like physical illness or any other reason. That consideration allows you to protect your valuable Bitcoin holdings without having to withdraw them. Aggressive depositing should be dependent on waiting for Bitcoin's decent phase which lasts 1-2 years.

|   |   | | | |||     [   L  I  C  X   ]    LightCode Information Communication Experience    ||| | | |   |   |
L O W   F I D E L I T Y   -   H I G H   P O T E N T I A L
|   |   |   | | | | |||||     Twitter     |   Telegram   |    Discord    ||||| | | | |   |   |   |
Jaycoinz
Full Member
***
Offline Offline

Activity: 350
Merit: 174


God is All


View Profile WWW
June 03, 2024, 09:22:09 PM
 #23

One of the reason I like Bitcoin investment Na because all the decision making dey your hand, so whether you succeed or not Na your hand e dey. E don Tay wey dem say before you invest for Bitcoin make you dey sure say you get source of income, so That you no hang for road. And DCA Na one of the most recommended strategy because e dey very comfortable to practice, to dey put small small based on were your power reach. And to make sure say you no go put pass your power because of FOMO for either dip or any small potential position wey the chart don show. Make you settle any other important thing for life before you go put pass your power, so that you no go go back to investment after you don already invest finish.

DubemIfedigbo001
Sr. Member
****
Offline Offline

Activity: 336
Merit: 257


Let love lead


View Profile WWW
June 03, 2024, 09:48:06 PM
 #24

Too much of everything is bad and that is why proper orientation is very important in whatever you are embarking on. bitcoin investment should be done with your spare funds, more like the money you would not be needing anytime soon. This is essential for long term investments so that you don't tamper with your investments within a short while and defeat the sole purpose of investing initially.

in the scenario cited by the OP, the person involved in your narration is not supposed to invest more than one third of his salary, so that he can make ends meet effectively. There is no rush in bitcoin investment journey, you can use DCA method and you would still hit your accumulation goals with a slow and steady process.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBITCRYPTO
FUTURES
[
1,000x
LEVERAGE
][
.
COMPETITIVE
FEES
][
INSTANT
EXECUTION
]██████
██
██
██
██
██
██
██
██
██
██
██
██████
████████████████████████████████████████████████████████
.
TRADE NOW
.
████████████████████████████████████████████████████████
██████
██
██
██
██
██
██
██
██
██
██
██
██████
letteredhub
Full Member
***
Online Online

Activity: 560
Merit: 217


View Profile
June 03, 2024, 10:55:26 PM
Merited by Smartvirus (2), adultcrypto (2)
 #25

If you Invest 80k on bitcoin how much will you use for feeding and running family expenses? Or how much will you set aside for emergency and reserved? Surely if you over invest in Bitcoin, the 50k available amount will not be enough for  emergency and reserved. Definitely it will affect your bitcoin HODLing.

Person wey dey receive ₦130k, na very wrong decision to dey invest ₦80k for Bitcoin. That one dun pass investing as na suffer you dey put yourself if you no get another source of income and na only that ₦130k wey you survive on monthly. E no possible to survive on ₦50k a month as a working class person wey go dey commot almost daily (paying transport or buying fuel) for this country and you go dey live comfortably especially when you dey city and no be village. The only time wey you fit dey invest like that na when you get other side hustle wey go dey bring in small money wey you go dey use for sustainability. Your investing percentage no supposed pass 20% of your income if your salary no too big and when e big e no supposed pass 30%. If you dey invest pass your capacity na you dey set yourself up for failure so make we no dey overdo pass ourselves.
Boss, I like the way you just take deliver the whole message on this Matter, because some new investors go the think say na by investing aggressively nah so person go take make better profit with bitcoin, and on a normal no investment expert go advise person to the invest a percentage higher than what he is saving from the total money he receives whether na weekly or monthly pay.

And this talk of investing aggressively sef, people the misconceive am sef. Investing aggressively no only mean say you gat go all in with all your money or most percent of your money. It could also mean to maintain a good investment strategy and plans wey go make you not to fail from reaching your investment goals. Such things as emergency and natural disaster like that period of covid.
teamsherry
Member
**
Offline Offline

Activity: 210
Merit: 60

Bitvest.io★ Play Plinko or Invest!


View Profile
June 04, 2024, 05:45:50 PM
 #26

You did not explain what aggressive invest really is, aggressive investment is good as long as its done right, anyone that isn't investing out of his discretionary income is investing wrongly and would surely put himself in some state of panic sonner or later, investing should be done of of our discretionary income and that is after our expense has been taken out and we taken care of everything that is necessary before using the spare cash to invest in bitcoin.

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ★ ★ ★ ★ ★ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
PLINKO    |7| SLOTS     (+) ROULETTE    ▼ BIT SPINBITVESTPLAY or INVEST ║ ✔ Rainbot  ✔ Happy Hours  ✔ Faucet
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ★ ★ ★ ★ ★ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
Yucky
Jr. Member
*
Offline Offline

Activity: 51
Merit: 16


View Profile
June 04, 2024, 05:57:31 PM
 #27

You did not explain what aggressive invest really is, aggressive investment is good as long as its done right, anyone that isn't investing out of his discretionary income is investing wrongly and would surely put himself in some state of panic sonner or later, investing should be done of of our discretionary income and that is after our expense has been taken out and we taken care of everything that is necessary before using the spare cash to invest in bitcoin.
it all depends on the individual plan before starting his investment. If an individual decides to use let's say 10% of his monthly earnings to take care of his investment, he doesn't need to always take care of all his needs before investing with that amount, once his salary comes in, it's just going to be that the person will have to take the 10%, buy his Bitcoin at that time and then proceed to using the rest of his money to sort out his expenses and maybe make provision for a portion that can serve as his emergency funds.

Being aggressive with your Bitcoin accumulation is good but it's not for everyone, it's even best to go at your own pace and buy with an amount that you're okay with since for most cases it's best to not just buy at a time and stop buying. If you intend buying Bitcoin over a long period of time, it's going to be best that you use an amount that's small so it you're doing it over a long period of time, you wouldn't need pause your buys at some point along the way.
sotelorene
Member
**
Offline Offline

Activity: 266
Merit: 29

Eloncoin.org - Mars, here we come!


View Profile
June 04, 2024, 06:15:36 PM
 #28

You did not explain what aggressive invest really is, aggressive investment is good as long as its done right, anyone that isn't investing out of his discretionary income is investing wrongly and would surely put himself in some state of panic sonner or later, investing should be done of of our discretionary income and that is after our expense has been taken out and we taken care of everything that is necessary before using the spare cash to invest in bitcoin.


I think everyone is almost saying the same thing and i think they are all correct perhaps by aggressive you mean investing regardless. In as much as Bitcoin investment is very good that doesn't mean one should be investing without considering some precautionary measures cause it can lead to frustration if the investment goes wrong.

ElonCoin.org    ElonCoin.org    ElonCoin.org     ElonCoin.org     ElonCoin.org    ElonCoin.org    ElonCoin.org
●          Mars, here we come!          ●
██ ████ ███ ██ ████ ███ ██   Join Discord   ██ ███ ████ ██ ███ ████ ██
Kliss
Member
**
Offline Offline

Activity: 182
Merit: 20


View Profile
June 21, 2024, 08:01:58 AM
 #29

Aggressive Investment is not only putting all your funds in bitcoin without having reserved and emergency funds, sometimes investing %80 of your funds in bitcoin without considering the level of your discretionary and emergency funds can as well be seen as aggressive or over doing.
For example if you receive 130k a month and you invest 20k each every week, making a total of 80k per month left with 50k, that is a bad aggressive Investment and surely the person is over doing it. because your bitcoin Investment should be done in a manner that you will not over do it. It will definitely affect you or Put you in a tight corner.
If you Invest 80k on bitcoin how much will you use for feeding and running family expenses? Or how much will you set aside for emergency and reserved? Surely if you over invest in Bitcoin, the 50k available amount will not be enough for  emergency and reserved. Definitely it will affect your bitcoin HODLing.
Though it depends on you and how you can be able to manage your family. If its you alone you can cope but if it's a large family I doubt if you can manage. The point of the matter is that don't invest aggressively if not you will sell your bitcoin down the road.

However You can invest aggressively when you have the funds to do that, the most important thing is that you don't over do it, if not it will affect you, and you will end up selling some part of your bitcoin to conver up some emergencies that will arise.
Aggressiveness in bitcoin investment doesn't necessarily mean going all in or being irresponsible with your funds. Bitcoin investment should be a thoughtful process, where you consider the amount you can comfortably invest without danger of loss or harm to your financial stability. It's about investing an amount that aligns with your aims and keeping a reserved portion for other expenses. Example if you have $200 as disposable income after expenses being covered, investing $150 in Bitcoin can be regarded as an aggressive approach because it's a significant amount of your available funds. Similarly example for someone with a discretionary income of $2000 investing $1000 or $1200 in Bitcoin and keeping the rest as reserves and float shows a calculated and thoughtful approach. Aggressiveness in this context is about making a conscious decision to allocate a significant portion of your disposable income towards Bitcoin, while still maintaining a balance and prioritizing your financial stability. It's necessary to recognise that aggressiveness in investing depends on individual financial circumstances. It's about being bold and committed to your investment goals while still maintaining a level of discipline and responsibility.
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!