Newbies don't buy bitcoin over aggressively.

[Asiska02]

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.

Bitcoin is not a must investment if you can’t afford it. Forcing yourself to invest will only mean you causing some negative consequences to your self, like having to touch your investment to sought out something important in your life. Only invest in bitcoin with money you don’t need for urgency sake or emergency funds, it’ll make you have a smooth running investment.

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

Only investing with the amount you can afford to lose is not a term to be used for bitcoin. Who has held bitcoin for a long time and not get to reap the rewards of their patience? I think no person has that ever happens to. Those that lost to investing in bitcoin are those that sell panic and not those that held for long till the price reach the point to sell at profit. So only invest in bitcoin with your discretionary money that you don’t need for as long as you need to keep holding to your investment in bitcoin.

[qwertyup23]

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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

What you have mentioned OP can also apply to both new and investors as well.

As a general rule, a person should start investing by using a portion of his income designated for that purpose. Investing should always come from your savings. If you prioritize investment over than your personal needs and monthly obligations, then there is a higher chance of failing and that person prematurely cashing-out their investments at the wrong time.

While the price history index of BTC had increased over the years since its inception, people should always remain smart when it comes to purchasing BTC. Sure, there may be a guarantee ROI in the next FEW years. But again, we are talking about YEARS of not touching our BTCs and HODLing them for long-term.

[Justbillywitt]

This is to all newbies who wants to start their bitcoin long-term investment. It's good that you figure out how much you can use from your extra cash to invest in bitcoin from your income. This will enable you buy whenever you have received your income using DCA strategy. You shouldn't use money for your basic needs to buy bitcoin and start starving yourself or endanger your health. If you do that, you are only punishing yourself and gambling with your health because you will finally sell the bitcoin that you bought when you can no longer cope with the punishment.

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

Newbies or not, it is not advisable for any Investor to invest an amount that's going to trouble him or her into bitcoin. Bitcoin investment is best done with money you have budgeted ahead. One should plan his financial flow, and know which percentage that is to be invested in bitcoin and which should be used for other house hold needs. But as an investor, there are weeks or months where you have less expenditures in terms of family needs, when situation like this happens you can decide to be a bit aggressive in order to increase your bitcoin holding, buy increasing the percentage allocated in bitcoin investment for that week or month. This is a more sustainable way of being aggressive rather than using up money meant for other house hold needs in buying bitcoin.

[retreat]

This is to all newbies who wants to start their bitcoin long-term investment. It's good that you figure out how much you can use from your extra cash to invest in bitcoin from your income. This will enable you buy whenever you have received your income using DCA strategy. You shouldn't use money for your basic needs to buy bitcoin and start starving yourself or endanger your health. If you do that, you are only punishing yourself and gambling with your health because you will finally sell the bitcoin that you bought when you can no longer cope with the punishment.
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Investing in Bitcoin needs to be done with proper planning and an understanding of the risks. If someone invests money that they shouldn't invest, such as money to buy basic necessities, or their only savings, just because they see that other people are making a profit from Bitcoin, then they don't understand proper investment in Bitcoin, and are only investing because of FOMO.

All of this requires careful planning, such as how much money they can afford to invest in Bitcoin from their discretionary income, whether they have an emergency fund, and whether they are committed to investing in the long term, not just investing for a few months and then withdrawing from the market. These things need to be considered when someone wants to involve themselves in investing in Bitcoin. Not understanding this can lead to losses for them.

[AYOBA]

Investments in cryptocurrency should be done strategically with a plan but the potential for a new person in cryptocurrency to invest without a plan is high because they may think that they are late to investing and they need to catch up. Because of that thinking they make a lot of unnecessary sacrifice that sometimes even puts their health in danger, family and themselves in difficult position. Investing with a plan will help you be able to maintain a balanced lifestyle as you make investment also for your future.

In this life anything that starts with a good plan always difference, that’s all about the investment even thoughts a person has  sufficient knowledge about the Bitcoin he doesn’t have a plan on how it can maintain strategies nothing can go as he/she want. And that’s investment in the cryptocurrencies is very difficult for so many of peoples, since they leaned how to Invest in the crypto and how they can make it easier for them to buy and hold Bitcoin.

It’s not even advisable for a newbie’s to make an early investment into the crypto space, but learning about the investment in an early age is very important for newbies. Because a moment it has knowledge about the investment it will not come and find it difficult anymore, and that’s they said having much knowledge about the cryptocurrencies before begin investment is very good ideal for a newbie’s.

[Berryfolia]

Bitcoin investment should be done at ease,not in an aggressive manner.

Aggressive investment in bitcoin is not encouraging owing to the fact that nobody or an investors could predict the  market movement so as such one have to be extremely careful.

Even in Long term investment plan is still not advisable,you should learn how to inculcate the habit of investing at ease and also invest with what you can afford to lose, rather than putting yourself in an unnecessary tension after investing.

So as a new investor before venturing into investment in a crypto space,i think you should seek for advice from an experience investors who has been in the business or better still do your own research about the investments first before investing to avoid loss at the long run.

[HajiBagi]

This is to all newbies who wants to start their bitcoin long-term investment. It's good that you figure out how much you can use from your extra cash to invest in bitcoin from your income. This will enable you buy whenever you have received your income using DCA strategy. You shouldn't use money for your basic needs to buy bitcoin and start starving yourself or endanger your health. If you do that, you are only punishing yourself and gambling with your health because you will finally sell the bitcoin that you bought when you can no longer cope with the punishment.

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

As a newbie if you want to invest in Bitcoin you have to a person who has a source of income, those should be capable of investing in Bitcoin should invest their capital in Bitcoin just because they want to earn a profit, Bitcoin is an unpredictable investment that no one knows when the price will increase or decrease that is why it is also called a long time investment, Bitcoin is not an investment that anyone will think they can do it because it requires many things.

Apart from learning about Bitcoin, there are things a newbie needs to have and also know before thinking about how he or she can invest in Bitcoin, have the money to buy Bitcoin, the courage to buy and hold for a long time when the market is not good because there are some people who can not hold their Bitcoin for a long time, these are some things that are very important before making any decision about Bitcoin.

[Die_empty]

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

An investor needs to be alive to enjoy his profits. Therefore, there is no need to compromise shelter, food, health, education, and other important needs because you want to invest in Bitcoin. It is not bad to make some sacrifices because you want to save and invest. But it should be done in moderation.

Life events are not predictable, so it is also vital to have backup or emergency funds. Setting out these funds will help to cushion the effect of emergency needs that might force an investor to sell off prematurity.

[IjawMan]

This is to all newbies who wants to start their bitcoin long-term investment. It's good that you figure out how much you can use from your extra cash to invest in bitcoin from your income. This will enable you buy whenever you have received your income using DCA strategy. You shouldn't use money for your basic needs to buy bitcoin and start starving yourself or endanger your health. If you do that, you are only punishing yourself and gambling with your health because you will finally sell the bitcoin that you bought when you can no longer cope with the punishment.

How about buying bitcoin with our spare money, it's enough to risk for a volatile asset with which we can have rest of mind regardless of the market dip tosses we won't be forced to sell at losing in the fear of not wanting to lose it all to the dip.

From the little I know about bitcoin investment, you lose only when you sell prematurely, out of fear of market uncertainty but if you can hodl it for the long time range you can't lose but be in profit.

It simply about strategically risking what money in the amount we can afford to lose.

[cryptoaddictchie]

I dont do agressive buying when the market is like this that already been up few % well anyone can always do dca but smart buying when its totally down is better timing imo.

Like today, if you bought few weeks or months you already up a lot, during that time market and news are bearish and some are selling or panic selling now that is up that when they buy which isnt good timing.

[0xSlayers]

What are your thoughts on this

Yes, you are right sir. If you do not have funds that you can afford to lose, then you should not invest in Bitcoin. But I think you should start an at-list, otherwise you will never get that fund in your hand. Many of us save in life thinking about the future. Then we can save some percentage of those savings in Bitcoin if we want. I think that rather than having a stable income, you should have the mentality that you are saving some for yourself at the end of the day.

[Rustam Meraj]

Newbies or not, it is not advisable for any Investor to invest an amount that's going to trouble him or her into bitcoin. Bitcoin investment is best done with money you have budgeted ahead. One should plan his financial flow, and know which percentage that is to be invested in bitcoin and which should be used for other house hold needs. But as an investor, there are weeks or months where you have less expenditures in terms of family needs, when situation like this happens you can decide to be a bit aggressive in order to increase your bitcoin holding, buy increasing the percentage allocated in bitcoin investment for that week or month. This is a more sustainable way of being aggressive rather than using up money meant for other house hold needs in buying bitcoin.

It is good for anyone thinking about buying Bitcoin and he/she should be smart while doing it. We should never use money that we need for regular things like rent or food or bills. First we need to plan our money and decide how much we can afford.
Sometimes there may be weeks or months when we do not spend as much money on our household needs. When that happens it is good to put little extra money into Bitcoin. This is sensible way to buy more Bitcoin without risking our financial security. It is much better to do this than to use money that we need for our family. With this way of thinking about Bitcoin is good and focuses on building our investment slowly other than making quick decisions based on what everyone else is doing.

[hd49728]

It is good for anyone thinking about buying Bitcoin and he/she should be smart while doing it. We should never use money that we need for regular things like rent or food or bills. First we need to plan our money and decide how much we can afford.

It is a simple question like how much money you are able to spend for investment. Another important question is how many percent that investment capital is in your whole capital. To have good financial management, your investment capital should never be 100% of money you have. If you do this, you nearly can not afford to lose all in your investment.

This bad start will make your mentality very weak and you are possibly more vulnerable to market volatiliy, fud and bear market can shake you out of this market when you are extremely panic, or you might be liquidated by exchanges.

Sometimes there may be weeks or months when we do not spend as much money on our household needs. When that happens it is good to put little extra money into Bitcoin. This is sensible way to buy more Bitcoin without risking our financial security. It is much better to do this than to use money that we need for our family. With this way of thinking about Bitcoin is good and focuses on building our investment slowly other than making quick decisions based on what everyone else is doing.

If you plan your investment is gradually accumulation with time through your spare money, it sounds good. After spending bills, assumed monthly bills, you can split your remaining money in two parts: one part for emergency fund, and another part for invesment. This approach will help you to increase your emergency fund as well as your investment capital with time.

A split ratio between emergency fund and investment fund can be 10/90 or 20/80, that means you use more spare money for investment fund (80% or 90% of it) than for your emergency fund. The bottom line is you keep building up emergency fund with time.

[tabas]

It summarizes buying Bitcoin with an amount that they can afford to lose. But to be honest, if they are overaggressive and they want to buy Bitcoin as much as they can. I think there is also the positive side of it that if they want to invest through that strategy, then they're free to do that. Because many of us have this in plan but because of some unforeseen events, we're able to make decisions that we're using the money that's for buying Bitcoin into other things. And that's why, it is the positive thing that I can think of that. Though I'd say that it's best for them to always invest with an amount that they can afford to lose.

[Zackz5000]

This is to all newbies who wants to start their bitcoin long-term investment. It's good that you figure out how much you can use from your extra cash to invest in bitcoin from your income. This will enable you buy whenever you have received your income using DCA strategy. You shouldn't use money for your basic needs to buy bitcoin and start starving yourself or endanger your health. If you do that, you are only punishing yourself and gambling with your health because you will finally sell the bitcoin that you bought when you can no longer cope with the punishment.

How about buying bitcoin with our spare money, it's enough to risk for a volatile asset with which we can have rest of mind regardless of the market dip tosses we won't be forced to sell at losing in the fear of not wanting to lose it all to the dip.

From the little I know about bitcoin investment, you lose only when you sell prematurely, out of fear of market uncertainty but if you can hodl it for the long time range you can't lose but be in profit.

It simply about strategically risking what money in the amount we can afford to lose.

Using spare cash is also same thing as discretionary income, it's never a wrong decision to invest into bitcoin using your spare cash since it serves as your leftover fund.
We are expected to accumulate and hodl for long without thinking of selling in a short period of time, if there is extra funds you to accumulate Bitcoin aggressively it's also good without overly doing it in a way it will affect your bitcoin investment.

[Proty]

First of all , an investor is to invest in bitcoin using his discretionary income and this should be after paying for all his expenses and also an investor is not supposed to invest more than what he can not afford to lose into bitcoin .so buying bitcoin aggressively without over doing it is not wrong, reason being that an investor can decide to be investing 70% to 80% of discretion into bitcoin and this is what aggressively buying of bitcoin is, so he can only be overdoing it when he uses money for his family needs to accumulate bitcoin.Another investors can decide to be using 5 to 10% of their discretion and this is term as being wwhimpy.To me there is nothing wrong with accumulating bitcoin aggressively, continuously and persistently, it is only when one is over doing, by stretching oneself using funds that is meant for other needs to buy bitcoin that is being over aggressive.

[Olatundespo]

I dont do agressive buying when the market is like this that already been up few % well anyone can always do dca but smart buying when its totally down is better timing imo.

Like today, if you bought few weeks or months you already up a lot, during that time market and news are bearish and some are selling or panic selling now that is up that when they buy which isnt good timing.

Buying more during bullish periods is a bit of a strange thing for investors to do, but I have seen some investors do it. They increase their purchases during the dumping period and sell in a short period of time. This is trading but traders who do this have a lot of capital and are at high risk. During bullish periods DCA should be continued to accumulation bitcoin so that the process continues continuously and continuously.

There is a difference in the mixed reactions and actions among investors If one can justify himself to keep saving Bitcoin regularly then it encourages him to keep going regardless of the price and buy more aggressively during the price decline. Through this process he can build a high Bitcoin stash in a short period of time.

[Orpichukwu]

Newbies can buy Bitcoin aggressively if they have the money to. Being a newbie in Bitcoin doesn't mean they are newbies in life. A newbie can be a billionaire or a millionaire by which affording to go aggressive in Bitcoin will be a good option for him. I think an investor is ready to buy aggressively when he is capable of covering all the necessary expenses in life and have more than enough discretionary income to buy aggressively. As for those newbies who are still struggling financially this advice will be best for them.

Millionaires and billionaires can still make bad investment decisions because they are rich doesn't mean they can't get broke again. You need to be careful when making investments unless you have a budget amount of money that you are ready to risk for anything and take whatever happens as your lesson.

[Patikno]

First of all , an investor is to invest in bitcoin using his discretionary income and this should be after paying for all his expenses and also an investor is not supposed to invest more than what he can not afford to lose into bitcoin .so buying bitcoin aggressively without over doing it is not wrong, reason being that an investor can decide to be investing 70% to 80% of discretion into bitcoin and this is what aggressively buying of bitcoin is, so he can only be overdoing it when he uses money for his family needs to accumulate bitcoin.Another investors can decide to be using 5 to 10% of their discretion and this is term as being wwhimpy.To me there is nothing wrong with accumulating bitcoin aggressively, continuously and persistently, it is only when one is over doing, by stretching oneself using funds that is meant for other needs to buy bitcoin that is being over aggressive.

I also agree that there is no problem when someone wants to collect Bitcoin aggressively, provided that he does not use the money for his primary needs. For example, if someone is so confident in Bitcoin to be held in the long term, then he uses most of the money from his income, and this is very good, in fact this is the best way for anyone who can do it, but it should also be noted that it is not that easy to do it, it takes persistence and consistency to make it happen. However, I prefer the DCA or Dollar Cost-Averaging method for investing in Bitcoin, as it is the easiest way for me.

[Catenaccio]

I also agree that there is no problem when someone wants to collect Bitcoin aggressively, provided that he does not use the money for his primary needs. For example, if someone is so confident in Bitcoin to be held in the long term, then he uses most of the money from his income, and this is very good, in fact this is the best way for anyone who can do it, but it should also be noted that it is not that easy to do it, it takes persistence and consistency to make it happen. However, I prefer the DCA or Dollar Cost-Averaging method for investing in Bitcoin, as it is the easiest way for me.

To have a safe and sustainable investment, an investor must do bitcoin accumulation gradually. Aggressively doing this only leads to all in purchase in one or two times and it has a risk of buying at very high price. In contrast, doing accumulation gradually will give better opportunity of applying Dollar Cost Averaging strategy that eliminates risk of entering the market at ATH or around ATH.

By gradually investing, you will have another advantage of getting more experience in the market, and becoming more familiar with market operations, volatility, phases and cycles from price to psychology. It will contribute to make up your solid understanding and psychology for surviving well in this challenging market.