Newbies don't buy bitcoin over aggressively.

[Gost ms]

In my experience, I'd usually take this a grain of salt, and just invest maybe just atleast 10% of my income into bitcoin. I'd also try to avoid the hype on all that "this crypto is going up the moon" or "this one will fall and plummet". I'd just simply keep on investing like using DCA. On a reputable and long term crypto like bitcoin of course!

As we say, it is not easy to invest and continue to invest consistently. It is very natural for a new person to be very nervous when he sees his investment going down. But he has to build trust in Bitcoin. In terms of talking, it is very easy to find discretionary income and continue to invest consistently. But when we come to real life, we understand how difficult it is to find discretionary income.

[MusaPk]

As we say, it is not easy to invest and continue to invest consistently. It is very natural for a new person to be very nervous when he sees his investment going down. But he has to build trust in Bitcoin. In terms of talking, it is very easy to find discretionary income and continue to invest consistently. But when we come to real life, we understand how difficult it is to find discretionary income.

It's no doubt difficult to generate extra income that we can use for investing in Bitcoin but not impossible. In today's digital era we have huge opportunities to work online and generate money. Like if someone is doing a job and along with that job he participate in any signature campaign on this forum then that will help him in gathering Bitcoins without putting any burden on his job salary. Discretionary income is important if you want to invest in Bitcoin for long term otherwise you might end up selling your Bitcoins in case you need money.

[Fiasem20]

In my experience, I'd usually take this a grain of salt, and just invest maybe just atleast 10% of my income into bitcoin. I'd also try to avoid the hype on all that "this crypto is going up the moon" or "this one will fall and plummet". I'd just simply keep on investing like using DCA. On a reputable and long term crypto like bitcoin of course!

As we say, it is not easy to invest and continue to invest consistently. It is very natural for a new person to be very nervous when he sees his investment going down. But he has to build trust in Bitcoin. In terms of talking, it is very easy to find discretionary income and continue to invest consistently. But when we come to real life, we understand how difficult it is to find discretionary income.

Finding discretionary income!!!you don’t find discretionary income rather discretionary income is the left over money you have after spending on essential expenses.But anyways,you’re correct in your own perspective,things said on the internet may seem easy to do but in reality it’s a different game altogether.Most middle class individuals don’t even have a discretionary income talk more of investing in bitcoin,how’s that possible,it is likened to the fact that you can’t give out what you don’t have.But if you’ve started already with your discretionary income,I would suggest never to lose your trust on bitcoin due to it’s drastic dip.

[Zanab247]

Newbies should be given an advice that putting all money including the money for basic needs is a no go since it can result to hunger and maybe health complications so, it should be money that a newbie can afford to lose rather than not teaching newbies about the downside of spending all money including for basic needs can do to a person or to a family. Well, not all newbies in rank on the forum are actual newbie because some of them are in Bitcoin already but didn't have an account on the forum.

But some newbies don't want to take advise from those that have been in the investment for long years to gather many experience, because those Old investors have experienced many things from BTC investment that will make them to give newbies some secret things that will make them not to invest what they cannot afford to lose. Putting all your money in BTC it will not make the newbies to learn to improve, because it will be hard for that newbies to hodl for long for the price of their choice to come to pass.

That is why we will continue to advise them not to use money they cannot afford to lose in BTC, because BTC is different from other coins but if you prepared to hodl BTC for long years, it will lead you to achieve your goal from BTC.

[nakamura12]

But some newbies don't want to take advise from those that have been in the investment for long years to gather many experience, because those Old investors have experienced many things from BTC investment that will make them to give newbies some secret things that will make them not to invest what they cannot afford to lose. Putting all your money in BTC it will not make the newbies to learn to improve, because it will be hard for that newbies to hodl for long for the price of their choice to come to pass.

That is why we will continue to advise them not to use money they cannot afford to lose in BTC, because BTC is different from other coins but if you prepared to hodl BTC for long years, it will lead you to achieve your goal from BTC.

If that's the case then that's where you will hear or read somewhere that a person has lost so much money because they didn't do what many people suggested or follow the advice given to them when they haven't started investing or other ways to earn money and learned a lesson that is very expensive either hodl for long term or even short term. One of the many reasons might be not having a backup of the wallet or being a victim of phishing sites or got scammed.

[Jamestown70]

As a newbie it’s advisable to  get basics knowledge of buying and selling, while acquiring those knowledge, kick start your accumulation, even if it’s wimpy for the start, but as time goes on, when you’ve come to understand much more than the basics, knowing how to allocate your funds to your expenses, discretionary funds and emergency fund, that way you accumulate Bitcoin only with your discretionary funds, but as the year goes by, you feel you’re not meeting your goals and you’re determined to go a little bit extra, all you have to do is reanalyze your percentage allocation, if it were on a 50/30/20 scale (50% to expenses, 30% to discretionary funds and 20% to emergency funds). You can readjust it and add a little more from your expenses to your discretionary funds allocation as long as it’s suits your financial capacity and it won’t affect your daily needs, with this you can go a little bit extra in your accumulation. Don’t be tempted to invest beyond your discretionary funds, it’ll only lead to gambling with your Bitcoin portfolio on the long run.

[Alone055]

But some newbies don't want to take advise from those that have been in the investment for long years to gather many experience, because those Old investors have experienced many things from BTC investment that will make them to give newbies some secret things that will make them not to invest what they cannot afford to lose. Putting all your money in BTC it will not make the newbies to learn to improve, because it will be hard for that newbies to hodl for long for the price of their choice to come to pass.

That is why we will continue to advise them not to use money they cannot afford to lose in BTC, because BTC is different from other coins but if you prepared to hodl BTC for long years, it will lead you to achieve your goal from BTC.

Let's not make it sound like investments in Bitcoin are like gambling with your money, because you only say that you should use money you can afford to lose if there are equal or higher chances of you losing than winning, but in this case, that's not how it works. We know that Bitcoin as proved its worth over the course of its existence, because it has always managed to go higher than the previous all-time high after each block halving, so even if we buy Bitcoin at a very high price in a cycle, like how some people did it this time as they bought above $20k, we know that it's eventually going to get back to that price and go higher even if it takes years.

So, when someone is making an investment and they ask you for advice, you should simply tell them that the market is unpredictable, so it could go down at any time, and if that happens, you might even have to wait for years before becoming profitable. So it's not that they are going to lose their money, unless they panic sell, it's just that they might have to wait for a long time before they make some profits from their investment.

[yixichloro2xx]

Some people buy Bitcoin aggressively with the hope of seeing large profits without thinking about their daily expenses. Bitcoin isn't something that someone will just rushed into, it requires patience and planning. Planning in the sense that your daily needs are covered already, you have an emergency funds, reserve funds, then you can invest in Bitcoin with your DCA funds. Aggressive buying can lead to panicking because of high especially expectations which can force you to sell especially when price dips or an emergency comes up. So every investment we do must be done with proper care.

[GokuSan]

It's best to buy Bitcoin calmly, and when the price of BTC crashes is the ideal time to buy it.

[Razmirraz]

Some people buy Bitcoin aggressively with the hope of seeing large profits without thinking about their daily expenses. Bitcoin isn't something that someone will just rushed into, it requires patience and planning. Planning in the sense that your daily needs are covered already, you have an emergency funds, reserve funds, then you can invest in Bitcoin with your DCA funds. Aggressive buying can lead to panicking because of high especially expectations which can force you to sell especially when price dips or an emergency comes up. So every investment we do must be done with proper care.

Buying Bitcoin aggressively without thinking about daily spending is the first step into the dark. Any type of investment, especially Bitcoin, which is highly volatile, must be done carefully and should not exceed financial capabilities. Investors should view Bitcoin investment as part of a larger financial plan, not as a way to get rich quick. Patience, planning, having an emergency fund and reserve funds are very wise steps before investing in Bitcoin. If everything planned is implemented perfectly, it can avoid panic and pressure to sell when prices fall. Beginners who are just investing in Bitcoin should also not ignore DCA, this strategy can reduce risk and avoid market timing.

[Cleanslate_]

You are right, I see alot of newbies rushing to buy bitcoins when they have not met up their basic monthly expenses just because of greed and all in the name of making more profit for themselves without  using their discretionary income because they don't have and that is why they end up falling out of their investment because they never had any plan before going into bitcoin investment .

It is important you plan on how your investment in bitcoin will look like, how long are you going to hold it, and the method you will be applying to hold it, which will help you sort out your financial budget so that you can successfully invest without tempering your investment before your target, because if you fail to plan, you will plan to fail.

If you don't have your discretionary income to start with, wait until you have it or you have to create a modality by having an alternative job to boost your income.

[Pablo-wood]

Some people buy Bitcoin aggressively with the hope of seeing large profits without thinking about their daily expenses. Bitcoin isn't something that someone will just rushed into, it requires patience and planning. Planning in the sense that your daily needs are covered already, you have an emergency funds, reserve funds, then you can invest in Bitcoin with your DCA funds. Aggressive buying can lead to panicking because of high especially expectations which can force you to sell especially when price dips or an emergency comes up. So every investment we do must be done with proper care.

Even our daily needs are already covered it's still wise not to buy aggressively. Planning as mentioned should be more important than the buying itself. This planning will include

• Knowing the exact amount to buy with no matter how much we have
• Sticking to a plan and not deviating no matter how tempting it might become
• Knowing when to take profit in a bull run
• Using a strategy to buy e.g DCA

Bitcoin investment is demanding than many people know. It requires a lot of planning and preparations. If one rushes without proper planning panic and fear will eventually push them into selling even at a more cheaper rate.

[livingfree]

Some people buy Bitcoin aggressively with the hope of seeing large profits without thinking about their daily expenses.

This is a mistake that others will have to encounter and deal with the consequences later. They think that after investing in Bitcoin, they'll be getting massive profits instantly.

But that's not how it goes, the reality will slap them that they shouldn't rely their daily expenses to it when they've just bought it and being invested on it won't exempt them from losses.

Too many realizations will happen when an investor like this have done a quick investing without proper research and understanding of what they're trying to invest their money with even if it's Bitcoin.

[Rockstarguy]

Some people buy Bitcoin aggressively with the hope of seeing large profits without thinking about their daily expenses. Bitcoin isn't something that someone will just rushed into, it requires patience and planning. Planning in the sense that your daily needs are covered already, you have an emergency funds, reserve funds, then you can invest in Bitcoin with your DCA funds. Aggressive buying can lead to panicking because of high especially expectations which can force you to sell especially when price dips or an emergency comes up. So every investment we do must be done with proper care.

Without understanding of bitcoin their is no need of buying Bitcoin aggressively because it can end up becoming waste. 

Those who buy bitcoin aggressively are those who understand bitcoin and dont rely on bitcoin and not expecting to make profit from Bitcoin so quick, so they buy bitcoin very aggressive because they understand what bitcoin is and whst buying aggressively will yield to in the future.  Aggressive buying of bitcoin is not good beginners and those who dont have a better knowledge of what bitcoin is all about.

[Eclipse01]

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

Thank you for this advice, although I'm I have bought some Bitcoin and I am currently hodling and this advice is something I can look at going forward, and I think it is not just to newbies alone but to every investor, investing in a very volatile asset is risky, there is no gain in going in recklessly, go in with a good strategy so that you will not get burned at some point

[Littlemini]

A new member but has a good idea about his investment and if he can invest aggressively and control that investment well then I would say buying aggressively at times would not be a bad thing. As investors, our main objective is to hold for a long time, those who can hold for a long time we consider as investors but those who sell their investment within a few days of investing we actually consider as traders. Now if someone has good financial support and if someone has good purchasing power and if he feels more comfortable buying aggressively then I think he should not be stopped from that place.