Newbies don't buy bitcoin over aggressively.

[Makus]

Although due to over excitement most newbies make this mistake of investing too much hoping the market will immediately start pumping in profits but in real life experience there are volatility in the market, and that is where the market starts messing around with their emotions. It's takes only the strong and knowledgeable investors to survive their emotional manipulation by the market price without them actually selling their coins. Well the only way to avoid being emotionally traumatized by the market's volatility is by investing only what you can afford to loose at first, then as time progreses you'll observe that you're no longer giving a Damm about the market volatility even as your portfolio increase.

[Queen uloma]

You're very correct, newbies aren't supposed to buy Bitcoin aggressively not just newbies alone including everyone, imagine buying Bitcoin aggressively it can make you broke and once you're broke, you will start looking for money, this will make you go back to you Bitcoin investment and temper with it, thereby spoiling your Bitcoin investment journey and this are the kind of things that usually make someone lose interest in continuing to invest in Bitcoin. Don't invest aggressively on Bitcoin if you really want to succeed in your Bitcoin investment journey you can be aggressive if you have a reserve funds.

[Japinat]

Over aggressive means buying even if you don't need to, but you still keep buying because you want to. That is the reason why newbies fail on their first investment because their greed and high emotions are left uncontrollable. They want instant outcome and make money fast, yet their timing is wrong. So it could only mean losses than anticipated profits.

However, I can also understand why newbies are acting like this because they are still in the phase of learning and exploration. But until they start to experience their first losses, that's when they start learning of correcting their mistakes and never do the same mistakes again.

[Cookdata]

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

If you say discretionary income, that's understandable because it doesn't make sense when you use money you need to buy Bitcoin, you will likely sell it later which is either going to be in profit or it's going to be at loss but most often it's always at loss. Now, what's the use of making an investment only for you to sell it at loss, you have wasted your capital which is money you needed at first, you have wasted your time and you have learn nothing from your investments.

However, it doesn't make any sense if you say people should not buy Bitcoin aggressively, the market has been dumping since morning and people have been buying aggressively, they know what they are doing. The time the market will bounce back, you see the reason why they are buying aggressively. There is always benefits of buying Bitcoin and no regret unless you are buying at all time high which of course people do out of greed.

[Rahulkirford]

Thanks for the advice, I recently started investing in bitcoin but not consistently.  What I do mostly is just buy and forget about.  At times I usually wait till bitcoin price falls before I decide to buy again.  Your explanation has really opened my eyes , I never thought of buying steadily and consistently, because I follow the pattern my friend does which buy and forget, then when price rise we sell out profit.  So my question is how do know the amount I will use for DCA?

[kawetsriyanto]

Over aggressive means buying even if you don't need to, but you still keep buying because you want to. That is the reason why newbies fail on their first investment because their greed and high emotions are left uncontrollable. They want instant outcome and make money fast, yet their timing is wrong. So it could only mean losses than anticipated profits.

Yep. Being aggressive means we are spending too much money into Bitcoin and we use a careless way. This mustn't do by a newbie because it only leads to severe losses. When we are a newbie, we still have lack of knowledge and understanding about the market. Ideally, we must be more very careful to use the money during the newbie level. Why we must hurry to buy big number Bitcoin? If we focus on gaining knowledge and experience, using small funds is enough.

However, I can also understand why newbies are acting like this because they are still in the phase of learning and exploration. But until they start to experience their first losses, that's when they start learning of correcting their mistakes and never do the same mistakes again.

I am sure many newbies are motivated by successful investors. It leads them to be greedy and emotional in investment. They only too focus on the potential profits, they aren't aware of potential risks (losses). Besides the reason of exploration, this too high motivation is the common issue on newbies. That's why we must remember them, they need to consider the risks as well.

[UchihaSarada]

Yep. Being aggressive means we are spending too much money into Bitcoin and we use a careless way. This mustn't do by a newbie because it only leads to severe losses. When we are a newbie, we still have lack of knowledge and understanding about the market. Ideally, we must be more very careful to use the money during the newbie level. Why we must hurry to buy big number Bitcoin? If we focus on gaining knowledge and experience, using small funds is enough.

Buying bitcoin is easy but what are purposes behind their purchases is more important and decisive for result of their action in both short term and long term. Both investors, traders, speculators and even gamblers buy bitcoins but with different financial preparations for their purchases and actions after that.

Investors buy bitcoins for long term holding but whether they will be able to hold their coins, we will discuss about it later.
Traders buy bitcoins for trading and remember there are different trading types from Spot, Margin to Futures.
Speculators buy bitcoins for short term or sometimes mid term profit targets, they don't go for long term.
Gamblers buy bitcoins to use these coins for their bets.

Return to investors, they buy bitcoins for same investment purposes but their investment results can be very different by their preparations in finance and risk management. Investors who use own money, and only use discretionary income will have better chance of success and profitable with their investments. Oppositely, investors who borrow money or leverage their capital for investment will have high risk of unwanted exits from the market with losses.

[Daniel91]

There are many people who, under the influence of news read in the media and on social networks about big earnings in cryptocurrencies, become inspired and see crypto as a way out of financial problems and poverty.
Instead of analyzing the crypto market in more detail, and understanding all the risks, they start investing in crypto, maybe earn something at first, become euphoric and start investing even more (and more than they can afford), without a clear plan and strategy.
This is a sure path to failure.
Only invest money that you can afford to lose, after a detailed analysis of the market, with a clear plan and investment strategy and an exit strategy.
In doing so, emotions must be under control.

[Catenaccio]

There are many people who, under the influence of news read in the media and on social networks about big earnings in cryptocurrencies, become inspired and see crypto as a way out of financial problems and poverty.

It's is good for bringing Bitcoin and cryptocurrencies to more people, and attracting them to this market. It's very good for increasing adoption growth of Bitcoin and cryptocurrency while each person has to be fully responsible for personal decisions and financial management.

Instead of analyzing the crypto market in more detail, and understanding all the risks, they start investing in crypto, maybe earn something at first, become euphoric and start investing even more (and more than they can afford), without a clear plan and strategy.
This is a sure path to failure.

They can hear it from someone on any media channels but the principle is always "Do your own research" and "Don't trust but verify it". With the Internet nowadays, people can do their searching and learning very quickly and easily so it's not challenging for their due diligent research if they want to do it. In addition, the massive growth of AIs can help people finding good answers very quickly too.

If they want to start for success, I believe they will be able to do this, much easier than people in the past decades without the Internet and AIs.

Only invest money that you can afford to lose, after a detailed analysis of the market, with a clear plan and investment strategy and an exit strategy.
In doing so, emotions must be under control.

That's very true. Money is important with all of us and we only should invest money that we feel comfortable if we lose it. It does not mean we invest like gamble but it implies that we still reserve our money for other things beyond our investment.

[gibrab16]

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

yup defo true going all in with rent and food money ain’t investing thats crazy and a bad choice.  DCA with spare cash is a way smarter move stack sats, live your life and don’t starve chasing charts. if a dip got you panicking you probably put in too much. Play it chill only risk what you can shrug off and let time do its thing. Crypto is a marathon not a one time sprint.

[Patikno]

There are many people who, under the influence of news read in the media and on social networks about big earnings in cryptocurrencies, become inspired and see crypto as a way out of financial problems and poverty.
Instead of analyzing the crypto market in more detail, and understanding all the risks, they start investing in crypto, maybe earn something at first, become euphoric and start investing even more (and more than they can afford), without a clear plan and strategy.
This is a sure path to failure.
Only invest money that you can afford to lose, after a detailed analysis of the market, with a clear plan and investment strategy and an exit strategy.
In doing so, emotions must be under control.

This is what is called "FOMO" (Fear of Missing Out), meaning they are simply afraid of missing out on a popular experience or event.

This phenomenon often occurs when Bitcoin starts to gain traction due to its rise, especially when someone makes significant profits during the Bitcoin boom, and these FOMO-driven individuals follow suit. They should actually understand what they are investing in, the potential consequences, and be aware of the various risks involved. This allows them to make careful plans when investing in crypto, especially Bitcoin. Financial management is essential when investing, and for those looking to buy Bitcoin, long-term planning is essential to survive in any situation. One thing that is clear in Bitcoin "Holder is Winner". I have never seen, or heard of anyone losing money in Bitcoin because of holding (long-term).

[I_Anime]

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

Bitcoin investment is like other investments, you plan properly when investing in bitcoin if you are only gambling and don't want to do that, because bitcoin is not a get rich quick scheme, but you can make good money due to the volatility in the crypto market , so you have to be careful because the market can change anytime .

Concerning the aggressive part . Anyone can choose to be aggressive in any way they can all boils down to their financial capability, being a newbie doesn't mean they can't take risk like old users, they can but they should know how take proper risk like knowing when to be aggressive without over doing it , especially times like this when market is down.

[Hypnosis00]

Here's my view for this. We can only tell that these people are newbies because they are buying at an aggressive manner, they are buying regardless of its current price, that's because they want to ride with the hype, they want to make fast and instant profits without having to deal the market longer.

But this kind of mindset is very wrong. There's no right or wrong timing when buying bitcoin as long as you buy at your own risk, but buying like there's no left for tomorrow, buying even its beyond your price expectations, being over aggressive is not helping at all. It will lead you to future losses instead once the market price crash and you end up with panic selling.