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.

[Zanab247]

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.

Not only lose you can see in BTC investment. You  can experience good profit or losses from BTC, because some newbies don't know all those things before involving themselves in BTC investment, which is the major challenge they are facing right now. Are you saying investing in BTC is not a risk investment? It is good to tell the newbies the truth before they start investing in BTC, because BTC investment is full of risk and if you can be able to take the risk you will like to continue investing in BTC, because you have experienced a good result that will make you to increase your capital to gain access to massive profits in the future.

No matter the kind of profit you are earning from BTC, make sure you are using what you can afford to lose in BTC investment, sometimes the market may not favour investor but that one should not make you quit BTC investment so that you will not regret when you see BTC price pumping higher.

[Ishicryptic]

I don't know about overaggresive Bitcoin accumulation for newbies but I know that any newbie that has the funds to buy aggressively during dip is in luck, even if they don't have enough knowledge about the market they are making the right call. Although the best thing for newbies to do is DCA strategy where they will be continuously buying with amount that they are comfortable to loose, as they gradually begin to understand the market. Buying the dip and buying aggressively are secondary matters, the most important is to buy when you have money from your discretionary funds.

[Hazink]

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.

Aggressive Bitcoin buyers what exactly is their purpose, and how fast they think the profit will be coming? as that's the only thing that defines why some people can use the money meant for urgent needs to invest them in Bitcoin and be expecting miracles to happen within months, as if the stories of those who made wealth through bitcoin is the same with the instant miracle that feed masses in the Bible.

[L E G E N D A R Y]

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 are stating the fact which newbies are to adhere to them, because that is their only pathway to be a successful investor, though its not an easy thing but with time, they will get to understand the importance of what they see to be a wrong advise and they should always remember that losing or experiencing losses are part of the investment, which they are to learn how to minimize their losses and how to manage risks.

[Ishicryptic]

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..

If you're on Bitcoin long term investment there is no need to be using too much money to buy since you're not in a hurry to take profit, you can be buying gradually with amount that you are comfortable to loose. The best strategy is to do DCA method so as your income is entering you are taking convenient amount from your discretionary funds to accumulate for the long term. If you use more than what you can afford to loose to buy Bitcoin when emergency needs arises you will be forced to sell your Bitcoin on the short term to pay for expenses. There is nothing wrong with buying aggressively but you have to make sure that you have made sufficient provisions for your basic expenses.

[Baki202]

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..

If you're on Bitcoin long term investment there is no need to be using too much money to buy since you're not in a hurry to take profit, you can be buying gradually with amount that you are comfortable to loose. The best strategy is to do DCA method so as your income is entering you are taking convenient amount from your discretionary funds to accumulate for the long term. If you use more than what you can afford to loose to buy Bitcoin when emergency needs arises you will be forced to sell your Bitcoin on the short term to pay for expenses. There is nothing wrong with buying aggressively but you have to make sure that you have made sufficient provisions for your basic expenses.

And if the person has the money then he should go ahead and buy even if it is aggressively because most newbies they don't know how to invest and some of them don't have the idea of DCA and this is one of the reasons is that you have to do your own research then from there you will Know the strategy you are  coming in will all that matters is hope you investing because nobody should be left and that is one of the reasons why a plan is very important and when you plan you will put a lot of things in place and provision for your basic needs should not be joked with and there is every reason for us to take things seriously because we can not even take them for granted because this is the only way we can succeed.

[SamReomo]

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).

The newbies can safely begin their investing with DCA strategy as that strategy works for everyone not only for top hodlers. Many good members of this forum have shared helpful information about DCA, the newbies can read posts of JJG to learn more about DCA strategy and that's the only strategy which will help newbies to start their investing in Bitcoin. Initially the newbies should start DCAying just $10 per week or month but overtime they slowly increase the DCA amount to $40 a week or $100 a week if they can afford that amount.

[Rockstarguy]

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.

In every investment, it is advisable to invest only the amount that you can afford, not just in Bitcoin. The main reason why people are advised to invest only what they can afford is that individuals approach investing with different mindsets, and their understanding can help them yield better profits or achieve success in their investments.

For some people, their level of understanding of an investment can even lead them to lose more. Because of the risks involved, it is advisable to invest only an amount that you can afford. It doesn't make sense to invest all the money you have; instead, invest only what you can afford. This is the real standard of how investors should approach investment.

[I_Anime]

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.

First you should know this there’s nothing like a risk free investment, so even Bitcoin has its own risks . You have to tell folks about Bitcoin before they come into it , like knowing one can literally lose their memory due to poor management of their holding .

So they should be ready for the best and for the worse as an investor. Because if you kept telling them about the Bitcoin of investing in Bitcoin without also telling them the risk attached to it they won’t manage their investments with the right mindset.

[Emeraldo]

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.

First you should know this there’s nothing like a risk free investment, so even Bitcoin has its own risks . You have to tell folks about Bitcoin before they come into it , like knowing one can literally lose their memory due to poor management of their holding .

So they should be ready for the best and for the worse as an investor. Because if you kept telling them about the Bitcoin of investing in Bitcoin without also telling them the risk attached to it they won’t manage their investments with the right mindset.

All Investment that involved money most has a percentage of risk in it but we can decieve ourselves to think that investing in Bitcoin is risk free. If you don't know how to invest in Bitcoin like when to buy and when to sell, you might be surprised that you are likely to lose money because of lack of understanding about the market. A level of understanding about how to invest in Bitcoin must be acquired and if this is not taken seriously money can be lost here and it will be inconvenient for the losers.

[LastKiss]

~snip~

First you should know this there’s nothing like a risk free investment, so even Bitcoin has its own risks . You have to tell folks about Bitcoin before they come into it , like knowing one can literally lose their memory due to poor management of their holding .

So they should be ready for the best and for the worse as an investor. Because if you kept telling them about the Bitcoin of investing in Bitcoin without also telling them the risk attached to it they won’t manage their investments with the right mindset.

All Investment that involved money most has a percentage of risk in it but we can decieve ourselves to think that investing in Bitcoin is risk free. If you don't know how to invest in Bitcoin like when to buy and when to sell, you might be surprised that you are likely to lose money because of lack of understanding about the market. A level of understanding about how to invest in Bitcoin must be acquired and if this is not taken seriously money can be lost here and it will be inconvenient for the losers.

If someone intends to invest in Bitcoin, they don’t need to know the perfect entry point. Knowing when to enter and out is mostly important for traders who want to maximize their profits. Right now, Bitcoin is around $60k–$70k and you don’t need a perfect entry to buy just like most people are still waiting for it to drop to $40k before buying, instead newbie should focus on learning how to buy, manage risk, deal with FUD so they don’t panic sell, etc.

Newbies won’t lose their money if they buy at the current price and avoid panic selling when the price drops to $40k due to FUD, unless Bitcoin actually dead. As long as they hold through market cycles until the next bull run, they can avoid unnecessary losses. Many people look at Bitcoin early days and expect quick profits because they think it’s easy to invest in Bitcoin. However, when FUD appears they panic and sell.

[Big Dirams]

All Investment that involved money most has a percentage of risk in it but we can decieve ourselves to think that investing in Bitcoin is risk free. If you don't know how to invest in Bitcoin like when to buy and when to sell, you might be surprised that you are likely to lose money because of lack of understanding about the market. A level of understanding about how to invest in Bitcoin must be acquired and if this is not taken seriously money can be lost here and it will be inconvenient for the losers.

Before investing in bitcoin or any other activities that involves money one need to understand what we are taking part in so we wouldn’t just waste our money on something we have no idea about.
Bitcoin investment is a great investment and the values of bitcoin gives us higher chances of hitting successful outcomes if we have the basic knowledge and understanding of bitcoin, bitcoin shouldn’t just be invest in just like that we need to understand what we are investing in and know that bitcoin investment is as risky are many other investment and profits isn’t certain.
 If we intend to deceive ourselves that bitcoin Investment is risk free then we are only making things worse for ourselves, accept that bitcoin Investment is risky and profits are not certain but the chances of making good outcomes are much more higher than many investment. 

[tech30338]

All Investment that involved money most has a percentage of risk in it but we can decieve ourselves to think that investing in Bitcoin is risk free. If you don't know how to invest in Bitcoin like when to buy and when to sell, you might be surprised that you are likely to lose money because of lack of understanding about the market. A level of understanding about how to invest in Bitcoin must be acquired and if this is not taken seriously money can be lost here and it will be inconvenient for the losers.

Before investing in bitcoin or any other activities that involves money one need to understand what we are taking part in so we wouldn’t just waste our money on something we have no idea about.
Bitcoin investment is a great investment and the values of bitcoin gives us higher chances of hitting successful outcomes if we have the basic knowledge and understanding of bitcoin, bitcoin shouldn’t just be invest in just like that we need to understand what we are investing in and know that bitcoin investment is as risky are many other investment and profits isn’t certain.
 If we intend to deceive ourselves that bitcoin Investment is risk free then we are only making things worse for ourselves, accept that bitcoin Investment is risky and profits are not certain but the chances of making good outcomes are much more higher than many investment. 

If someone tell you that bitcoin has no risk or any other altcoin investment, I think you should do some research and don't believe that person, because maybe he is just hype and is also new into crypto, maybe he just wan't to brag that he is into crypto.
Instead do some research and try to learn the cycles of crypto where in the price dips and goes back up, but there is no guaranteed when it will happen, also learn how to trade, since its also important, agressive people are those with big funds in crypto, but they know what they are doing since they are in the market for a long time.

[Juicyhome]

I don't know about overaggresive Bitcoin accumulation for newbies but I know that any newbie that has the funds to buy aggressively during dip is in luck, even if they don't have enough knowledge about the market they are making the right call. Although the best thing for newbies to do is DCA strategy where they will be continuously buying with amount that they are comfortable to loose, as they gradually begin to understand the market. Buying the dip and buying aggressively are secondary matters, the most important is to buy when you have money from your discretionary funds.

Buying Bitcoin with the Amount your comfortable to lose is a very wrong advice for newbies because Bitcoin isn't a gamble that you stake with fear or amount your can afford to lose. Buy Bitcoin with your investment plan , have a good budget to buy Bitcoin that's the way out , if you investment much your profit I'll be high too.

The only knowledge that's needed for newbies are the ability to buy and sell once they can understand this the. They are free to buy me hold, the only way to benefit from Bitcoin investment is to buy dip and hold for a very long time, don't investment with fear or use your emergency funds to invest, Bitcoin investment is a long term plan, plan towards it that way.

[Pressurizedem]

Having the basic knowledge about investments and buying coins is the first thing to know as a beginner. The moment you are able to know how to asses a coin to know if it will yield a better profit in the nearest future or not, then I can say you have overcome 50 percent of your problem.

Another thing to put into serious consideration is keeping aside the capital or money you want to use in buying the coin, it should be money you can afford to lose if you are trading, but if you are into long term investment, then invest with a reasonable capital so you can reap much in the nearest future.

[Pablo-wood]

...

But in real sense we can't go about telling people about Bitcoin investment without telling them the risk involved. For experienced investors it is no risk at all because they understand how the market moves and how bitcoin price profits on a long term base. But a complete newbie who hasn't experienced the market before needs to be thought the need for emotional intelligence, patience and long term goal. Making them know it is not a quick profit scheme.