Actually there's no need comparing holding $10 worth of Bitcoin weekly and trading $1000 daily because the dividend of holding Bitcoin has always spoken loudest. Trading $1000 daily can mean more losses per month than profit that it will bring compared to investing $10 per week that is more loaded for profit in the long run than the daily venture.
Now think of investing $1000 weekly to trading $1000 daily? The difference is just not comparable.
Dude, while you talk about how good Bitcoin investment can be do no forget the fact that $1000 is by far bigger than $10 and do you know how many weeks or months it will take you to accumulate $1000 dollar using $10 weekly? When you make comparison try to check the weight and worth of what you are comparing so it doesn't look too good to be true. And sometimes we should not compare Bitcoin investment and trading because there are folks out there that are making profit especially those that Influence the market.
You misunderstand what the other Obulis guy is saying, and it is because you didn't even read it well. The guy said that there is more gain when person ongoingly invest $10 in bitcoin than for them to be fucking around trading $1000 daily. The risk of having losses in trading is very high so it dosen't matter how high person trading amount is, the losses can still happen. This is why it is better that person just focus on ongoingly investing in bitcoin using what they can afforded to loose. There is nothing bad if they start small with as little as $10 and increase the amount along the way.
There's no amount of money a person will use as a capital to start bitcoin trading that would justify it not assure him of having a cumulative gain at the end. Bitcoin trading is risky and the more you bring in capital, the more you loose it all. You can choose a suitable DCA approach and give your self an initial accumulation target.
Whenever you're buying aggressively, you have to consider your financial capacity and be sure that you are not buying aggressively because you don't want to miss the dip but because you have an additional discretionary income that you can spare in bitcoin in addition to your regular DCA approach.The mistake that some people make is that they sometimes buy under the influence of FOMO and still deny buying under FOMO whereas in a short time, they run into financial issues that would make them cut short their initial HODLing target. Being aggressive is good, but doing it within your financial capacity is the best.
I think you're not understanding what it means to be aggressive in your buys. Aggressiveness has nothing to do with buying beyond your capacity and you don't necessarily need additional discretionary income to buy aggressively. Buying aggressively is putting in a bigger percentage of your discretionary income to buying Bitcoin. It's still done from the same discretionary income. Someone who used 70% of his discretionary income to buy Bitcoin is more aggressive than another who uses 50% of his discretionary income to buy Bitcoin. If an investor has finished building his backup funds, he can go as aggressive as using 70% of his discretionary income to keep buying Bitcoin while his emergency fund still remains intact.
The main problem is overaggressiveness which is buying Bitcoin beyond your discretionary income and it's not advised since there's every possibility the investor is using funds meant for his expenses as well in purchasing Bitcoin and this puts their portfolio in danger when the need to attend to those expenses arises.
You absolutely nailed it. Investors should be able to know the difference between safe aggressiveness and unsafe/risky aggressiveness (or over aggressiveness). Mistake people makes is when they judge investors by how much they use to invest instead of looking at the person’s overall financial situation. A and B can invest into Bitcoin with the same amount, but the level of risk they are taking can be different base on their income level, Expenses and responsibilities.
If A is receiving around $4k per month after tax , Then he can decide to use $400-500 to invest using DCA. Let's say later on he he noticed that after sorting out bills, savings and other important stuff he still have around $80-$150 remaining, he can use that to increase his Discretionary income to accumulate aggressive (not risky) .
B on the other hand earns $3k per month , he decided to invest $400-$500 per month whereby he is unable able to to sort out his important bills yet he decides to increase his Discretionary income aggressively (risky). That can put him in a situation whereby he will have no choice but to touch his bitcoin. The important thing is for investors to have proper financial planning so that they won't do beyond their capabilities.
