Balancing Financial security and Bitcoin Accumulation

[JayJuanGee]

So, getting to a point of comfort in bitcoin is likely a product of both how much BTC has been accumulated and also the extent to which the bitcoin price ends up appreciating, which is not guaranteed (as you mentioned).   A guy can choose his level of aggressiveness whether 5%, 12%, 17% or some other amount, but then if he is taking money out of his bitcoin investment when he probably should be putting money in, then the amount of his bitcoin accumulation may well would have had ended up going way lower, and it tends to take a real long time to build up a bitcoin investment portfolio, whether 2 or 3 cycles or longer for some who might be even more limited in how much bitcoin they are able to buy on a regular basis.  Sometimes it would be better for guys to invest into bitcoin at lower percentage amounts, so that they don't feel drawn towards tapping into their bitcoin at seemingly wrong (and premature) times.

I always have a problem with people not being specific with their preferences at a time, whether they are building or they have built out their stash to the extent they can comfortably start withdrawing from it. It is important that actions are well spelt out and your actions have direction, if you are still building your stashes, then concentrate on building it out and forget about drawing profits until you surpass your accumulation target. You cannot expect progress when you're pushing yourself forward and backward at the same time and to be honest if you are not clear on your bitcoin goals and follow a clear path to it, you cannot really go far and as time goes on the investor might totally stop buying and follow the easier path which is withdrawing only which deplete their stashes, and their investment journey ends up in a mess.

How aggressive a guy is able to be is within his own abilities.  It is difficult to create a blanket number that can apply for everyone, which is part of the reason that since 2020 I have been recommending that beginners consider investing between 5% and 25% of their income into bitcoin.  Before that I was recommending between 1% and 10%, but events of March 2020 and other related events caused me to change some ways that I was talking about bitcoin, yet in the end, each person has to figure out how to tailor his own level of aggressiveness to the extent that he was trying to be as aggressive as he can without over doing it.. .He's gotta figure out the specific numbers, and surely some guys purposefully don't want to be aggressive, which is totally their choice.. and they will be the ones who experience the consequences of their chosen level of aggressiveness.

Like you mentioned, it is better you're buying with an amount you're comfortable with from their discretionary income so that you don't get tempted to tamper with your holdings prematurely than going all out only to end up constantly shaving off profits which is a very bad thing to do for an investor still within his accumulation journey. It is also very important to build out backup funds so you have enough financial cushion to resist the temptations of preying on your holdings when they arise.

There is nothing that we can really do if guys end up making mistakes and over doing their investment into bitcoin when they thought that they were investing within their tolerance levels.  Each of us likely has a responsibility to invest in such a way that we don't end up feeling that we have to change our investment approach based no our own feelings of prematurely "taking out profits" that may well have good chances of becoming regrets down the road.

Nothing we can do actually, but it is still a good thing and we continually tell them in this threat and others that the are messing up their investment prospects than making a headway, at the end they cannot claim that they acted out of ignorance but only a victim of their greed and irrationality.

Guys come to differing conclusions.. so, they figure out how much investigation and study they want to do in order to complement any investment level they choose to deploy.

[Barikui1]

A panic investor will panic no matter how much he has in his portfolio. However, there is some level to these things. A whale investor cannot panic if his plan is the long-term plan. Technically, a whale know the influence they have on the market, such investor cannot panic when the market is going down. They know their worth that is why they are the big shot in the market.

What breeds panic among Bitcoin investors when their is a dip is when they invested what they can not afford to lose, or they don't have that luxury of time to wait for the market to recover, so panic is a natural thing that comes up when you go all in on your bitcoin investment regardless of if you are a newbie or a veteran.

As for the guys you called the whale, take note that they are billionaires, so they will likely not panic even though their is a dip in the market because those millions they invested is what they can afford to lose, but if you see a whale sell in panic, just know that he has gone all in on his bitcoin investment and the fear of losing part of his wealth has gotten to him.
I do not agree with your sentiment when you said that the whale can't panic because of the influence they have in the market, no, Bitcoin is not a shit coin that can be manipulated anyhow, so I disagree with that statement.

[cxtreenal]

I agree with you. People can have $100 per week as discretionary income but can started to be panic if the market turns red when they used every of their discretionary income to ongoingly invest. This panic can make them to be tapping from their bitcoin which is so dumb since it can fuck up the person investment.

To use discretionary income to ongoingly invest is a different thing from using the amount that can afforded to loose. So everyvody have to pick a position size that they can afforded to loose. At the same time they haved to pick the amount can aid them to ongoingly invest in bitcoin for the long time

A panic investor will panic no matter how much he has in his portfolio. However, there is some level to these things. A whale investor cannot panic if his plan is the long-term plan. Technically, a whale know the influence they have on the market, such investor cannot panic when the market is going down. They know their worth that is why they are the big shot in the market.

You need to know why an investor is panic. If you know about this, it will be easier for you to understand what you should do and what methods you should not apply as an investor. Before analyzing the big whales, you should start analyzing with small investors. A small investor may be panicking if he adopts a risky investment policy. You need to know about his financial capacity at the beginning of the investment. Set a budget in line with your income

Using discretionary income for Bitcoin investment can prevent a investors from panicking. This is because the funds left after balancing his income with his family needs and additional expenses are discretionary income. Buy Bitcoin regardless of the price Maintain a specific time frame such as 4-10 years or more. DCA method does not force you to buy a specific amount of Bitcoin An independent investment strategy for an investor in Bitcoin accumulation.

[Obulis]

So, getting to a point of comfort in bitcoin is likely a product of both how much BTC has been accumulated and also the extent to which the bitcoin price ends up appreciating, which is not guaranteed (as you mentioned).   A guy can choose his level of aggressiveness whether 5%, 12%, 17% or some other amount, but then if he is taking money out of his bitcoin investment when he probably should be putting money in, then the amount of his bitcoin accumulation may well would have had ended up going way lower, and it tends to take a real long time to build up a bitcoin investment portfolio, whether 2 or 3 cycles or longer for some who might be even more limited in how much bitcoin they are able to buy on a regular basis.  Sometimes it would be better for guys to invest into bitcoin at lower percentage amounts, so that they don't feel drawn towards tapping into their bitcoin at seemingly wrong (and premature) times.

I always have a problem with people not being specific with their preferences at a time, whether they are building or they have built out their stash to the extent they can comfortably start withdrawing from it. It is important that actions are well spelt out and your actions have direction, if you are still building your stashes, then concentrate on building it out and forget about drawing profits until you surpass your accumulation target. You cannot expect progress when you're pushing yourself forward and backward at the same time and to be honest if you are not clear on your bitcoin goals and follow a clear path to it, you cannot really go far and as time goes on the investor might totally stop buying and follow the easier path which is withdrawing only which deplete their stashes, and their investment journey ends up in a mess.

How aggressive a guy is able to be is within his own abilities.  It is difficult to create a blanket number that can apply for everyone, which is part of the reason that since 2020 I have been recommending that beginners consider investing between 5% and 25% of their income into bitcoin.  Before that I was recommending between 1% and 10%, but events of March 2020 and other related events caused me to change some ways that I was talking about bitcoin, yet in the end, each person has to figure out how to tailor his own level of aggressiveness to the extent that he was trying to be as aggressive as he can without over doing it.. .He's gotta figure out the specific numbers, and surely some guys purposefully don't want to be aggressive, which is totally their choice.. and they will be the ones who experience the consequences of their chosen level of aggressiveness.

For sure, aggressiveness should be a personal decision not something you just want to do because others are doing it. Detailed personal financial analysis should be carried out to determine personal level of aggressiveness no matter what a friend or another person's number is. Even as some guys purposefully don't want to be aggressive, that makes me wonder knowing very well the consequences of being aggressive and not being aggressive.

[Rockson1]

For sure, aggressiveness should be a personal decision not something you just want to do because others are doing it. Detailed personal financial analysis should be carried out to determine personal level of aggressiveness no matter what a friend or another person's number is. Even as some guys purposefully don't want to be aggressive, that makes me wonder knowing very well the consequences of being aggressive and not being aggressive.

Aggressiveness is not only a personal decision, it is also someone investing in such way because he has what it takes to do so not some kinda guys trying to pressure themselves into making decisions that can lead them into some shit, as long as you do not have the funds to be aggressive, it will be better for you to keep up with your usual DCA because there is no competition in Bitcoin investment, we are adviced to invest with our discreationary income, there has never been any time we were told that aggressiveness is compulsory, it is only when you are financial fit to be aggressive that you can do that, any thing that will put pressure on us as Bitcoin investor should not be encouraged at all.

[Finebone]

Aggressiveness is not only a personal decision, it is also someone investing in such way because he has what it takes to do so not some kinda guys trying to pressure themselves into making decisions that can lead them into some shit, as long as you do not have the funds to be aggressive, it will be better for you to keep up with your usual DCA because there is no competition in Bitcoin investment, we are adviced to invest with our discreationary income, there has never been any time we were told that aggressiveness is compulsory, it is only when you are financial fit to be aggressive that you can do that, any thing that will put pressure on us as Bitcoin investor should not be encouraged at all.

I agree with you that aggressive accumulation is not mandatory, but it's very necessary to grow your stash of bitcoin faster, but as long as your aggressive accumulation is being done within your discretionary income, then it's not a problem, because problem mostly arise when it's done beyond our discretionary income, so in  as much as it's not a mandatory practice, it's also very necessary to get to your over accumulation status faster.
Just that most bitcoin investors don't actually know when they should be aggressive or not, but if they can do it the right way, which is within their discretionary income, then their is no problem about that.

[liasbaa]

For sure, aggressiveness should be a personal decision not something you just want to do because others are doing it. Detailed personal financial analysis should be carried out to determine personal level of aggressiveness no matter what a friend or another person's number is. Even as some guys purposefully don't want to be aggressive, that makes me wonder knowing very well the consequences of being aggressive and not being aggressive.

Aggressiveness is not only a personal decision, it is also someone investing in such way because he has what it takes to do so not some kinda guys trying to pressure themselves into making decisions that can lead them into some shit, as long as you do not have the funds to be aggressive, it will be better for you to keep up with your usual DCA because there is no competition in Bitcoin investment, we are adviced to invest with our discreationary income, there has never been any time we were told that aggressiveness is compulsory, it is only when you are financial fit to be aggressive that you can do that, any thing that will put pressure on us as Bitcoin investor should not be encouraged at all.

I think investors who can DCA regularly can occasionally buy Bitcoin aggressively. If you can afford to do DCA for the long term and through discretionary income, your salary can continue to grow each year and you can gradually increase the amount of Bitcoin accumulation and build an emergency fund and reserve fund through proper management of discretionary funds. As this reserve fund gradually increases, your confidence in your personal finances will increase and you can sometimes accumulate Bitcoin aggressively. This method is not mandatory but it will be a great strategy to grow your accumulated Bitcoin holdings/portfolio in a cycle or two or three or more.

[POPOLUV]

So, getting to a point of comfort in bitcoin is likely a product of both how much BTC has been accumulated and also the extent to which the bitcoin price ends up appreciating, which is not guaranteed (as you mentioned).   A guy can choose his level of aggressiveness whether 5%, 12%, 17% or some other amount, but then if he is taking money out of his bitcoin investment when he probably should be putting money in, then the amount of his bitcoin accumulation may well would have had ended up going way lower, and it tends to take a real long time to build up a bitcoin investment portfolio, whether 2 or 3 cycles or longer for some who might be even more limited in how much bitcoin they are able to buy on a regular basis.  Sometimes it would be better for guys to invest into bitcoin at lower percentage amounts, so that they don't feel drawn towards tapping into their bitcoin at seemingly wrong (and premature) times.

I always have a problem with people not being specific with their preferences at a time, whether they are building or they have built out their stash to the extent they can comfortably start withdrawing from it. It is important that actions are well spelt out and your actions have direction, if you are still building your stashes, then concentrate on building it out and forget about drawing profits until you surpass your accumulation target. You cannot expect progress when you're pushing yourself forward and backward at the same time and to be honest if you are not clear on your bitcoin goals and follow a clear path to it, you cannot really go far and as time goes on the investor might totally stop buying and follow the easier path which is withdrawing only which deplete their stashes, and their investment journey ends up in a mess.

How aggressive a guy is able to be is within his own abilities.  It is difficult to create a blanket number that can apply for everyone, which is part of the reason that since 2020 I have been recommending that beginners consider investing between 5% and 25% of their income into bitcoin.  Before that I was recommending between 1% and 10%, but events of March 2020 and other related events caused me to change some ways that I was talking about bitcoin, yet in the end, each person has to figure out how to tailor his own level of aggressiveness to the extent that he was trying to be as aggressive as he can without over doing it.. .He's gotta figure out the specific numbers, and surely some guys purposefully don't want to be aggressive, which is totally their choice.. and they will be the ones who experience the consequences of their chosen level of aggressiveness.

You have just figured out points that mostly the newbies will be facing right now, and with the way you have analyze several points in different ways on how a beginners should go about their investments with the percentages of their income will not affect them tomorrow, is very clear and understandable yet some newbies still fall victim of it because they have come across were investors might discussing on buying Bitcoin aggressively with your discretionary income, all newbies should catch this point, this aggressively should be handle with careful to avoid reaching the limits which you don't longer have reserves funds available with you, so as beginners you figure out your level aggressively, i don't think any investors here will be able to invest with a particular income because your discretionary determine your level of aggressively and which all newbies are in the better position to be able to know his aggressive limits and make use of discretionary income and still have emergency fund with him.

[JayJuanGee]

[edited out]

For sure, aggressiveness should be a personal decision not something you just want to do because others are doing it. Detailed personal financial analysis should be carried out to determine personal level of aggressiveness no matter what a friend or another person's number is. Even as some guys purposefully don't want to be aggressive, that makes me wonder knowing very well the consequences of being aggressive and not being aggressive.

It seems to me that the more aggressive that any bitcoin wants to try to be in his bitcoin accumulation, then the more organized that he needs to be in his cashflow management, and so there are likely possibilities of overdoing it or making mistakes, so he likely needs to figure out some level of comfort if he might be pushing his levels of aggressiveness higher - and surely if a guy has good back up funds and pretty reliable income levels and expense levels that are reliable, then he can have more confidence that he is pushing his level of aggressiveness without over doing it.

In bitcoin, the longer that a person has been invested, then the more likely the better performance (especially if he had been erroring on the side of ongoing buying), so the more bitcoin that he bought the better position he is in.  But, if he ended up overdoing his investment and not adequately preparing for certain situations, then he might have not benefitted from his level of his aggressiveness, because he had over done it.

Past performance does not guarantee future results, yet guys are still free to figure out how aggressive that they want to be (or are able to be), and they can figure out where the limits might be and how much they want to attempt to push the limits or if they might end up being better off by not pushing the limits.

For sure, aggressiveness should be a personal decision not something you just want to do because others are doing it. Detailed personal financial analysis should be carried out to determine personal level of aggressiveness no matter what a friend or another person's number is. Even as some guys purposefully don't want to be aggressive, that makes me wonder knowing very well the consequences of being aggressive and not being aggressive.

Aggressiveness is not only a personal decision, it is also someone investing in such way because he has what it takes to do so not some kinda guys trying to pressure themselves into making decisions that can lead them into some shit, as long as you do not have the funds to be aggressive, it will be better for you to keep up with your usual DCA because there is no competition in Bitcoin investment, we are adviced to invest with our discreationary income, there has never been any time we were told that aggressiveness is compulsory, it is only when you are financial fit to be aggressive that you can do that, any thing that will put pressure on us as Bitcoin investor should not be encouraged at all.

I frequently suggest that it is good that guys attempt to be as aggressive  as they are able to be without overdoing it, and yeah, if they end up overdoing it because they misinterpreted their own level of aggressiveness, then they would have had been way better to have had taken a much more conservative approach in order to not end up having to sell some or all of their bitcoin at a time that was not of their own choosing or some other damages that they might have unexpectedly incurred based on their own miscalculations.

[Rockson1]

I think investors who can DCA regularly can occasionally buy Bitcoin aggressively. If you can afford to do DCA for the long term and through discretionary income, your salary can continue to grow each year and you can gradually increase the amount of Bitcoin accumulation and build an emergency fund and reserve fund through proper management of discretionary funds. As this reserve fund gradually increases, your confidence in your personal finances will increase and you can sometimes accumulate Bitcoin aggressively. This method is not mandatory but it will be a great strategy to grow your accumulated Bitcoin holdings/portfolio in a cycle or two or three or more.

I think you are missing some point, buying aggressive occasionally as you suggested also requires you to have what it takes to do so and that is the funds, when you are making a point just make make sure you hit it up for those you are communicating with to understand what you are trying to say, dude I'm lost in your explanation, you keep missing up things, as much a know, I will not argue that our salary may not increase year in year out but what if it does not? Will we fold our hands without seeking for more source of income that will help us to increase our discreationary income? As I will always say, Bitcoin investment is about planning and implementation, I will have to maintain what I said earlier, if you are not financially comfortable to carryout aggressive investment in Bitcoin, just maintain regular way of DCAing with your discretionary income to avoid unnecessary panick which could have avoided if you had rightly followed your investment.

[JayJuanGee]

Aggressiveness is not only a personal decision, it is also someone investing in such way because he has what it takes to do so not some kinda guys trying to pressure themselves into making decisions that can lead them into some shit, as long as you do not have the funds to be aggressive, it will be better for you to keep up with your usual DCA because there is no competition in Bitcoin investment, we are adviced to invest with our discreationary income, there has never been any time we were told that aggressiveness is compulsory, it is only when you are financial fit to be aggressive that you can do that, any thing that will put pressure on us as Bitcoin investor should not be encouraged at all.

I agree with you that aggressive accumulation is not mandatory, but it's very necessary to grow your stash of bitcoin faster, but as long as your aggressive accumulation is being done within your discretionary income, then it's not a problem, because problem mostly arise when it's done beyond our discretionary income, so in  as much as it's not a mandatory practice, it's also very necessary to get to your over accumulation status faster.
Just that most bitcoin investors don't actually know when they should be aggressive or not, but if they can do it the right way, which is within their discretionary income, then their is no problem about that.

Guys can overly invest or be overly aggressive and still be buying  bitcoin within their discretionary income, including mistakes of not having enough back up funds and miscalculating their future expenses and/or income.  So, at the moment, they might consider themselves to be using discretionary income, yet in the future, they end up needing the money that they used because they miscalculated the future and they also failed/refused to have enough back up funds to cover the situation that ended up happening (and sometimes the situation was completely foreseeable, but they still over did it.. which is evidenced by their subsequent failure or having to tap into their bitcoin or other unexpected problems they end up going through due to their lack of projecting ahead within reason).

So, getting to a point of comfort in bitcoin is likely a product of both how much BTC has been accumulated and also the extent to which the bitcoin price ends up appreciating, which is not guaranteed (as you mentioned).   A guy can choose his level of aggressiveness whether 5%, 12%, 17% or some other amount, but then if he is taking money out of his bitcoin investment when he probably should be putting money in, then the amount of his bitcoin accumulation may well would have had ended up going way lower, and it tends to take a real long time to build up a bitcoin investment portfolio, whether 2 or 3 cycles or longer for some who might be even more limited in how much bitcoin they are able to buy on a regular basis.  Sometimes it would be better for guys to invest into bitcoin at lower percentage amounts, so that they don't feel drawn towards tapping into their bitcoin at seemingly wrong (and premature) times.

I always have a problem with people not being specific with their preferences at a time, whether they are building or they have built out their stash to the extent they can comfortably start withdrawing from it. It is important that actions are well spelt out and your actions have direction, if you are still building your stashes, then concentrate on building it out and forget about drawing profits until you surpass your accumulation target. You cannot expect progress when you're pushing yourself forward and backward at the same time and to be honest if you are not clear on your bitcoin goals and follow a clear path to it, you cannot really go far and as time goes on the investor might totally stop buying and follow the easier path which is withdrawing only which deplete their stashes, and their investment journey ends up in a mess.

How aggressive a guy is able to be is within his own abilities.  It is difficult to create a blanket number that can apply for everyone, which is part of the reason that since 2020 I have been recommending that beginners consider investing between 5% and 25% of their income into bitcoin.  Before that I was recommending between 1% and 10%, but events of March 2020 and other related events caused me to change some ways that I was talking about bitcoin, yet in the end, each person has to figure out how to tailor his own level of aggressiveness to the extent that he was trying to be as aggressive as he can without over doing it.. .He's gotta figure out the specific numbers, and surely some guys purposefully don't want to be aggressive, which is totally their choice.. and they will be the ones who experience the consequences of their chosen level of aggressiveness.

You have just figured out points that mostly the newbies will be facing right now, and with the way you have analyze several points in different ways on how a beginners should go about their investments with the percentages of their income will not affect them tomorrow, is very clear and understandable yet some newbies still fall victim of it because they have come across were investors might discussing on buying Bitcoin aggressively with your discretionary income, all newbies should catch this point, this aggressively should be handle with careful to avoid reaching the limits which you don't longer have reserves funds available with you, so as beginners you figure out your level aggressively, i don't think any investors here will be able to invest with a particular income because your discretionary determine your level of aggressively and which all newbies are in the better position to be able to know his aggressive limits and make use of discretionary income and still have emergency fund with him.

Huh? You seem to not understand the idea of aggressiveness and the ability to choose aggressiveness level.  Ultimately, if guy do not have any discretionary income, then they don't  have any ability to choose (unless they are gambling rather than investing), yet guys who have discretionary income choose their level of aggressiveness within the quantity of their discretionary income and how much of that discretionary income they might want to allocate towards investing, savings and/or back up funds.

Let's say that there are three guys who have the same income and the same expenses, so each of them earns $30k per year ($2,500 per month), and they each have $1,500 in basic expenses.  So each of them have $1k in discretionary income available each month.

Guy 1 (whimpy) - may choose to a)  invest $50 per month into bitcoin, b) put $50 per month into savings and c) discretionarily consume $900 per month

Guy 2 (moderate) - may choose to a)  invest $333.33 per month into bitcoin, b) put $333.33 per month into savings and c) discretionarily consume $333.33 per month

Guy 3 (aggressive) - may choose to a)  invest $900 per month into bitcoin, b) put $50 per month into savings and c) discretionarily consume $50 per month

These above levels are choices that the guy makes, and they can choose some  other variation that is outside of the numbers that I provided.. and some of them may well be better than others, and the moderate may well not even be preferred by other guys, even though it might not be a bad place to start from when thinking about a possible starting point.

Sure, these guys also might have fluctuations in their discretionary income that affects what is possible, yet I provided exactly the same to show the idea that level of aggressiveness is chosen within the discretionary income of each of the guys, and guys choose how aggressive they want to be, and if they overdo it or underdo it, then that is within their choice (or the results of their wrong choice if they end up overdoing it or underdoing it or making mistakes that they regret later).

The amount of discretionary funds sets up what is the range of possibilities that guy can choose their level of investment, savings and/or discretionary consumption within the amount of discretionary funds that they have available each week, month or whatever is their consideration interval - and various things going on in their lives may well inform their chosen level of priority (and/or aggressiveness in their bitcoin investment level).

I think investors who can DCA regularly can occasionally buy Bitcoin aggressively. If you can afford to do DCA for the long term and through discretionary income, your salary can continue to grow each year and you can gradually increase the amount of Bitcoin accumulation and build an emergency fund and reserve fund through proper management of discretionary funds. As this reserve fund gradually increases, your confidence in your personal finances will increase and you can sometimes accumulate Bitcoin aggressively. This method is not mandatory but it will be a great strategy to grow your accumulated Bitcoin holdings/portfolio in a cycle or two or three or more.

I think you are missing some point, buying aggressive occasionally as you suggested also requires you to have what it takes to do so and that is the funds, when you are making a point just make make sure you hit it up for those you are communicating with to understand what you are trying to say, dude I'm lost in your explanation, you keep missing up things, as much a know, I will not argue that our salary may not increase year in year out but what if it does not? Will we fold our hands without seeking for more source of income that will help us to increase our discreationary income? As I will always say, Bitcoin investment is about planning and implementation, I will have to maintain what I said earlier, if you are not financially comfortable to carryout aggressive investment in Bitcoin, just maintain regular way of DCAing with your discretionary income to avoid unnecessary panick which could have avoided if you had rightly followed your investment.

The level of discretionary income can change for the bitcoin investor on a weekly, monthly or whatever might be the investment increment, and he can choose his level of aggressiveness each time that he is deciding what to do whether he wants to be consistent or not or if there might be other things going on in his life or if he wants to be persistently buying as much bitcoin as he is able to do whether his discretionary funds are up, down or sideways any particular pay period (or whatever might be his investment interval). 

Guys might start out investing aggressively or whimpy and then change their approach, and then perhaps change back again after a later passage of time, and surely if we are studying bitcoin and other aspects of our cashflow situation, then we might presume that we might end up getting better with our cashflow management with the passage of time, yet there are likely situations where guys do not get better and they have to go back to their situation and attempt to fix some of their earlier mistakes.

[Gentle_Soul]

For sure, aggressiveness should be a personal decision not something you just want to do because others are doing it. Detailed personal financial analysis should be carried out to determine personal level of aggressiveness no matter what a friend or another person's number is. Even as some guys purposefully don't want to be aggressive, that makes me wonder knowing very well the consequences of being aggressive and not being aggressive.

Aggressiveness is not only a personal decision, it is also someone investing in such way because he has what it takes to do so not some kinda guys trying to pressure themselves into making decisions that can lead them into some shit, as long as you do not have the funds to be aggressive, it will be better for you to keep up with your usual DCA because there is no competition in Bitcoin investment, we are adviced to invest with our discreationary income, there has never been any time we were told that aggressiveness is compulsory, it is only when you are financial fit to be aggressive that you can do that, any thing that will put pressure on us as Bitcoin investor should not be encouraged at all.

This is usually a problem with investors probably they see some need to invest due to the market at a particular time but they fail to note however that it is best to invest at your convenient time and not be under any pressure at all. Because it's best when you invest with your discretionary income especially that you wouldn't want to touch over a long period of time and it just stays there in your wallet till whatever time you would want to make use of it but it's definitely not an emergency funds.
Am not entirely against being aggressive in your investment but at the same time you really need to know if you should actually be aggressive at the moment not just because someone else is aggressive and you want to also feel same way.

[Barikui1]

. Because it's best when you invest with your discretionary income especially that you wouldn't want to touch over a long period of time and it just stays there in your wallet till whatever time you would want to make use of it but it's definitely not an emergency funds.

Investing in Bitcoin with such a mindset is actually not ideal because you need to be accumulating it consistently from your discretionary income, so as to build a reasonable stash of Bitcoin, since it's what determine how successful you may be in the future, but investing just a few box of dollar, without building a reasonable stash of Bitcoin and be expecting a miracle to happen, that's make you a dreamer, because you can't just invest $50 and hold for the next ten years and wake up one morning and be expecting $50M in yours wallet.

Secondly, you don't invest in Bitcoin and hold for years and wake up one morning and decides to make use of it, that's a trader mindset, not an investor, because you can't just sell everything prematurely and become a no coiner overnight, that's actually crazy and myopic.

Am not entirely against being aggressive in your investment but at the same time you really need to know if you should actually be aggressive at the moment not just because someone else is aggressive and you want to also feel same way.

On this part, I totally agree with you because every finger are not the same, your level of aggressiveness should be in reality of your discretionary income, not because others are doing it.