Newbies don't buy bitcoin over aggressively.

[Ndabagi01]

Bitcoin investment should be done with ease by using only your discretionary income to invest gradually, that will relieve you from financial stress, and enable you to control your emotions when there is a dip in price to achieve your long-term goal. If you prevent yourself from living a normal life, and go to a lower standard of life, you can die before your time.

Over aggressive buying means buying bitcoin with money that is not your discretionary income. Only invest with the amount of money that you can afford to lose.

What are your thoughts on this

Over aggressive buying of bitcoin should be done with an amount you can afford to lose, not an amount that you want to use for other things that are very important to you. Bitcoin investment has shown a clear sign and path to be an investment that always gives you an opportunity to invest even if you miss to invest now, so taking your time to invest wisely and for the long time in the best thing you should do.

Discretionary income remains the best money to be putting into Bitcoin investments, and when we stick to doing it like this will make our investment process easy and worthwhile. The DCA strategy which is one of the best strategy investors use to grow their portfolios, it is also very important that discretionary income is used often to grow those portfolios using the DCA approach.

[kawetsriyanto]

It's not easy that's why there is always an important note to always use money that isn't tagged to anything because that's the only way you can be atleast relaxed when the market is actually facing pressure because thatsbthe time most persons to sell off their investment fearing for the worst.

Well, we are discussing about newbies. Sure, it won't be easy for the newbies to invest in Bitcoin for the first time. They probably don' really understand about the volatility of Bitcoin price. And they still have lack of market understanding. In essence, they still have limited insight (knowledge). So, it is better to use small money first and it must be the money they afford to lose. The chance for losses is bigger when it is in newbie level. However, they need to start it to get knowledge and further insight about Bitcoin and crypto market. Yep, the newbie can be frustrated if they lose big money. But it won't be a big deal if they use small money only.


You made some typos. It seems you too hurry to post it. Just correct it if you have a time..

[Mahiyammahi]

I don't know why Bitcoin investment is always portrayed in such a way that you can only lose that amount. To present it in front of newbies like this, they might think that investing in Bitcoin is a very risky investment. I think that instead of presenting it in front of newbies in such a scary way, Bitcoin should have a good day and explain why you should invest in Bitcoin.

When you invest an amount that doesn't matter if you lose, it becomes a bit like gambling. Newbies treat it like a casino, which they shouldn't.

[laspol65]

That's the right spirit offcourse.  Regardless of the present income you have, there are times you have some spare cash, cash which will just be used up because it just came and there are no proper or prio plans for rhe money before it came. Those kind of money no matter how little they are can be directed towards investing it. And this investment could be bitcoin or other means . The main point here is start an investment plan and start it early.   

You should never rush into investing in Bitcoin, because buying Bitcoin aggressively can definitely put you at risk. So invest in Bitcoin according to your ability and keep it for a long time or you can keep buying Bitcoin continuously. Your portfolio will grow as a result of buying Bitcoin for a long time and investing, then you will be able to earn more profits. People buy Bitcoin for the future and keep it for a long time so that they can become financially independent later, and this Bitcoin plays the most suitable role in becoming financially independent.