Aggressive Bitcoin investment.

[AYOBA]

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.

Yeah actually the aggressive is taking many of meaning, but is not that a person will used all his funds that his/she have and investment in Bitcoin without reserves any single amount of funds, that it's not good ideal and i will never advice anyone to do that kind of investment. Because they might a day that you will needed of emergency money which will end of big regretting, that is why is good to be considered the amount the funds we have first before investing.

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.

Invest the 8% of salary earning per month will make a person becoming what he didn't expect, and that's why those that have so much knowledge about the Bitcoin investment always given advice that anyone that really wants to should invest the amount of money that he can afford to lose. But for a person that is receiving 130k per month and his take only 20k to invest how will not say that is a bad aggressive, because this remaining 110k will do him to solves whatever he wants to do and at the of a day this 20k that's taking to investment will turn huge profits in future.

[DaNNy001]

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.

If you put 80% of your discretionary income into your investment is considered aggressive and I would say it is unwise. Because in such a way you can't have any emergency fund or reserve fund there will be nothing left to cover monthly expenses unless the level of income is high. For example, for an income of 300k to 500k putting 80% will be a risk but not as much as someone who earns 30k to 100k monthly he cannot survive with 20% which is very small to take care of oneself talk more having reserve and emergency fund. People earning 1 million and above can surely out 80% for investment as the remaining 20% is 200k and could be enough to cater for his expenses.

Well I don't if you have forgetton about the spending power of the two parties because I believe the two set of person won't be on the same spending budget as the one who earn like one million will definitely have more spending to do although this concept sometimes may not be true but I think the ratio will certainly be higher if actually it's calculated.

[Makus]

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.

If you put 80% of your discretionary income into your investment is considered aggressive and I would say it is unwise. Because in such a way you can't have any emergency fund or reserve fund there will be nothing left to cover monthly expenses unless the level of income is high. For example, for an income of 300k to 500k putting 80% will be a risk but not as much as someone who earns 30k to 100k monthly he cannot survive with 20% which is very small to take care of oneself talk more having reserve and emergency fund. People earning 1 million and above can surely out 80% for investment as the remaining 20% is 200k and could be enough to cater for his expenses.

After making an emergency fund up to 3-6 months the investor can go into aggressive accumulation just as you have stated without being considered too careless or unwise. During the dips like the one we are experiencing right now, investor who has set up his emergency fund can accumulate aggressively knowing fully well that he is covered even though he might not be adding to any other saving for the month, besides emergency funds should be up to 3 months of your monthly salary which means you can go extra 2 months, and start to refill your emergency funds after which you have finished accumulating aggressively.

[liasbaa]

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.

If you put 80% of your discretionary income into your investment is considered aggressive and I would say it is unwise. Because in such a way you can't have any emergency fund or reserve fund there will be nothing left to cover monthly expenses unless the level of income is high. For example, for an income of 300k to 500k putting 80% will be a risk but not as much as someone who earns 30k to 100k monthly he cannot survive with 20% which is very small to take care of oneself talk more having reserve and emergency fund. People earning 1 million and above can surely out 80% for investment as the remaining 20% is 200k and could be enough to cater for his expenses.

After making an emergency fund up to 3-6 months the investor can go into aggressive accumulation just as you have stated without being considered too careless or unwise. During the dips like the one we are experiencing right now, investor who has set up his emergency fund can accumulate aggressively knowing fully well that he is covered even though he might not be adding to any other saving for the month, besides emergency funds should be up to 3 months of your monthly salary which means you can go extra 2 months, and start to refill your emergency funds after which you have finished accumulating aggressively.

The more you can increase your emergency fund, the more aggressive you can be in accumulating bitcoins because if you have enough money to cover all your household expenses for 2 years (estimated) you will be more secure in meeting your family's daily needs. You can be more prepared for aggressive buying and buying when you get price dips can be much easier and acceptable for you as having floating cash is very important to keep your investment safe. The smaller the amount of cash you have the more vulnerable your valuable Bitcoin investment is to withdrawal. Therefore if you want to be a long term holder of Bitcoin you are recommended to increase the amount of emergency fund.

[asarfiar]

It is an unlikely good move that you invest in Bitcoin, but it must be rational. I think investing $80 in Bitcoin out of your monthly income of $130 is an aggressive move. You can make this aggressive investment if you have another source of income. But one thing can be highlighted here, actually people face different situations depending on the location, I actually want to explain the source of income here. Suppose you live in a city or a village, a village is likely to be better than a city and a city is a bit more expensive and luxurious. So with a monthly income of $130 you can make an aggressive $80 investment in Bitcoin from the village, which is a good step up from the luxury city.

[Tungbulu]

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.

If you put 80% of your discretionary income into your investment is considered aggressive and I would say it is unwise. Because in such a way you can't have any emergency fund or reserve fund there will be nothing left to cover monthly expenses unless the level of income is high. For example, for an income of 300k to 500k putting 80% will be a risk but not as much as someone who earns 30k to 100k monthly he cannot survive with 20% which is very small to take care of oneself talk more having reserve and emergency fund. People earning 1 million and above can surely out 80% for investment as the remaining 20% is 200k and could be enough to cater for his expenses.

After making an emergency fund up to 3-6 months the investor can go into aggressive accumulation just as you have stated without being considered too careless or unwise. During the dips like the one we are experiencing right now, investor who has set up his emergency fund can accumulate aggressively knowing fully well that he is covered even though he might not be adding to any other saving for the month, besides emergency funds should be up to 3 months of your monthly salary which means you can go extra 2 months, and start to refill your emergency funds after which you have finished accumulating aggressively.

The more you can increase your emergency fund, the more aggressive you can be in accumulating bitcoins because if you have enough money to cover all your household expenses for 2 years (estimated) you will be more secure in meeting your family's daily needs. You can be more prepared for aggressive buying and buying when you get price dips can be much easier and acceptable for you as having floating cash is very important to keep your investment safe. The smaller the amount of cash you have the more vulnerable your valuable Bitcoin investment is to withdrawal. Therefore if you want to be a long term holder of Bitcoin you are recommended to increase the amount of emergency fund.

Before starting one's Bitcoin accumulation, there are important things one must first put in place and Emergency funds are literally one of those things, or should I say the most important amongst those things, because your emergency is just as important as your bitcoin portfolio, and how solid your backup funds are determines how safe your investment would be.
Although one may not necessarily have to finish building their emergency fund and other backup funds first before beginning his accumulation as it's very much possible to do both simultaneously.

For a starter, a very wise strategy would be, to first begin building the emergency fund, and when it's enough to cover at least a month of your living expenses, then you can begin your bitcoin accumulation while still building your backup funds all at the same time, and when you've noticed that your backup funds is solid enough, you may now start being aggressive with your bitcoin accumulation.

[RockBell]

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.

How you go leave all your money for bitcoin, e no really make sense now, if you put all your money for bitcoin, and you tell me say you wan hold for long term, I go just smile shake my head because I know you won’t be able to hold. If you don put all money for bitcoin, Wetin you go come Dey use guide body? If emergency happen and you don search everywhere nothing Dey, then na the bitcoin wey you get you go later sell now, and no Dey surprise say bitcoin price self fit don dump when you wan sell am.

If you wan invest for bitcoin, make sure say you get enough reserve before you start investing in bitcoin, so that no matter Wetin happen, your mind no go really Dey your bitcoin investment. Money wey we suppose invest na the one wey we know say we no go use for now, and na Wetin we fit afford to lose we suppose invest.

If you Invest 80k on bitcoin how much will you use for feeding and running family expenses?

Me I no even get fixed amount of money wey I Dey invest in bitcoin, na the kin responsibility wey I get go determine the amount wey i go invest in a month, sometimes I no even Dey invest anything if I see say problem plenty for head that month.

[Juicyhome]

It is an unlikely good move that you invest in Bitcoin, but it must be rational. I think investing $80 in Bitcoin out of your monthly income of $130 is an aggressive move. You can make this aggressive investment if you have another source of income. But one thing can be highlighted here, actually people face different situations depending on the location, I actually want to explain the source of income here. Suppose you live in a city or a village, a village is likely to be better than a city and a city is a bit more expensive and luxurious. So with a monthly income of $130 you can make an aggressive $80 investment in Bitcoin from the village, which is a good step up from the luxury city.

mate, don't just conclude i spend more in the village than i do in city, in my village i spend 50k weekly but in city spend less than weekly. in village i buy almost everything still support my external family, i hate village lol. If i leave in my village i wont accumulate any bitcoin because i live from hand to mouth, talk more of fuel for generator. this village stuff is different so no just conclude.  holding is a personal disciplining and planning no location should be an excuse. one need to check his expenses of the month and conclude on the the amount of bitcoin he wants to buy monthly. don't go invest all your pay then you start looking like an orphan begging to feed when you have money in your wallet. hodling is planning stuff to hurry to buy  when you know you will be needing the money soonest.

[Mr.right85]

It is an unlikely good move that you invest in Bitcoin, but it must be rational. I think investing $80 in Bitcoin out of your monthly income of $130 is an aggressive move. You can make this aggressive investment if you have another source of income. But one thing can be highlighted here, actually people face different situations depending on the location, I actually want to explain the source of income here. Suppose you live in a city or a village, a village is likely to be better than a city and a city is a bit more expensive and luxurious. So with a monthly income of $130 you can make an aggressive $80 investment in Bitcoin from the village, which is a good step up from the luxury city.

mate, don't just conclude i spend more in the village than i do in city, in my village i spend 50k weekly but in city spend less than weekly. in village i buy almost everything still support my external family, i hate village lol.

Imagine my surprise when you said you spend more at the village compared to a city lifestyle. Going through your comment, I found a common problem shared by almost all Africans. You eventually have an extended family to carter for and not just your sole or nuclear family living as the case often is at the village. Mind you, this is usually during the festivities where everyone is there to merry and as such, spending becomes a culture tailored into this period.
With that being said, when it comes to regular living, like just living, the expenses is definitely lower at the rural or village level.

[Salahmu]

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.

How you go leave all your money for bitcoin, e no really make sense now, if you put all your money for bitcoin, and you tell me say you wan hold for long term, I go just smile shake my head because I know you won’t be able to hold. If you don put all money for bitcoin, Wetin you go come Dey use guide body? If emergency happen and you don search everywhere nothing Dey, then na the bitcoin wey you get you go later sell now, and no Dey surprise say bitcoin price self fit don dump when you wan sell am.

Na true na because how person go put everything way him get into Bitcoin investment, well e they obvious say the person go get issues for the investment later on, we no say based on the way our economy they Bitcoin na one of the hope way we get say with time we go collect better profit but e no means say make person put everything way them get into Bitcoin because we no say na only people way they hold na in go fit collect better thing in the future, so if person put everything way him get for Bitcoin how him go take survive since na holding because him go need money to buy things way go sustain am.

The only problem many people they get be say them no they like to think things wella before them take decisions because them they always allowed waiting them like cloud there mind because I noticed say plenty people way done get issues with the Bitcoin way them they hold na because say them no plan am well, them they think say as you just buy am you go start to they chop money.

[Adams0001]

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.

How you go leave all your money for bitcoin, e no really make sense now, if you put all your money for bitcoin, and you tell me say you wan hold for long term, I go just smile shake my head because I know you won’t be able to hold. If you don put all money for bitcoin, Wetin you go come Dey use guide body? If emergency happen and you don search everywhere nothing Dey, then na the bitcoin wey you get you go later sell now, and no Dey surprise say bitcoin price self fit don dump when you wan sell am.

Na true na because how person go put everything way him get into Bitcoin investment, well e they obvious say the person go get issues for the investment later on, we no say based on the way our economy they Bitcoin na one of the hope way we get say with time we go collect better profit but e no means say make person put everything way them get into Bitcoin because we no say na only people way they hold na in go fit collect better thing in the future, so if person put everything way him get for Bitcoin how him go take survive since na holding because him go need money to buy things way go sustain am.

The only problem many people they get be say them no they like to think things wella before them take decisions because them they always allowed waiting them like cloud there mind because I noticed say plenty people way done get issues with the Bitcoin way them they hold na because say them no plan am well, them they think say as you just buy am you go start to they chop money.

I don't believe they will find a person who would invest all of his cash in bitcoin, because investing all of your money in bitcoin will not protect you if an emergency occurs and you need money quickly. It is not wise to invest all of your money in it. since he will put you in different issues and I am sure your investment will not last. You will not grasp it since you have put all your assets in investment. Any troubles that happen, you will have no choice but to touch them. You are right, many people don't think before placing their money in something since they have heard that if you invest, you would all make a profit. They didn't look for the negative portion of it, Because anything as an effect, you simply need to be wise so that he does not affect you. It is preferable to invest 30% of your earnings in Bitcoin whenever you receive your salary. That is why they say that if you don't have a source of income, you should not invest in cryptocurrency since it is volatile. No one knows how much the coin will rise or fall, so if you lose money, it will not bother you because you have something to support your investment.