For example if you receive 130k a month and you invest 20k each every week, making a total of 80k per month left with 50k, that is a bad aggressive Investment and surely the person is over doing it.
you dey received 130k as salary and you come dey invest 20k weekly. How na? How do thing dey sound for hear na. Even the person is investing with DCA method, it should be monthly and those who are investing weekly are businessmen or those wey dey received salary weekly. Instead not the person nto invest 80k at once then he would be using 20k weekly, it does not make sense at all. Aggressive investment does not mean say you go invest big amount but how many bitcoin di person get foe him wallet na bi di aggressive investment. Like example. Oboy you dey vex ohh. You get dis kind of bitcoin in your wallet? That one nai bi aggressive investment. If you dey receive 50k monthly and u dey invest 20k monthly as your DCA approach and from there you don go acquire plenty bitcoin in your wallet then na aggressive investment be that. 
Topic: Aggressive Bitcoin investment. (Read 736 times)
Investing in bitcoin is not that difficult to do in as much as the investor isn't doing it like a competition whereby he has to invest above his financial weight. And this is for those investors that are going lumpsum. Meanwhile for those investors that wish to apply the DCA strategy you just have to be strategic by evaluating your total earning in a month and dividing it into three places and therefore using one part for your DCA monthly, while separately keep the other two parts for expenditure and emergency funding respectively. You just have to be patient and learn to stick to your investment plans never falling to the temptation of buying beyond what hat you had initially planned so you don't get choked in case of future uncertainties.
The instructions you show should be slightly modified for the DCA technique. For most people, the difference between income and expenses is very small. There you are asking to divide the income into three parts and recommending one part investment which can be difficult and confusing for investors. I think you should have said to DCA a portion from discretionary income and set aside for floating cash if possible. The amount of floating cash should be increased gradually so that at least 6 months is enough to meet the daily needs of your family and if your earnings stop due to any reason, your bitcoin investment will not cause any problems. Also you may need floating cash in case of physical accident or other reasons without withdrawing the invested assets at that time to be able to meet urgent needs.I made mention of dividing ones income into three place, one for investment using DCA method, and rest two parts for emergency and expenditure desperately. While you made mention of DCA, discretionary income and floating cash. Is there any difference between floating cash and discretionary income? No at all in my view. For they both serve similar purpose.
Aggressive Investment is not only putting all your funds in bitcoin without having reserved and emergency funds, sometimes investing %80 of your funds in bitcoin without considering the level of your discretionary and emergency funds can as well be seen as aggressive or over doing.
For example if you receive 130k a month and you invest 20k each every week, making a total of 80k per month left with 50k, that is a bad aggressive Investment and surely the person is over doing it. because your bitcoin Investment should be done in a manner that you will not over do it. It will definitely affect you or Put you in a tight corner.
If you Invest 80k on bitcoin how much will you use for feeding and running family expenses? Or how much will you set aside for emergency and reserved? Surely if you over invest in Bitcoin, the 50k available amount will not be enough for emergency and reserved. Definitely it will affect your bitcoin HODLing.
Though it depends on you and how you can be able to manage your family. If its you alone you can cope but if it's a large family I doubt if you can manage. The point of the matter is that don't invest aggressively if not you will sell your bitcoin down the road.
However You can invest aggressively when you have the funds to do that, the most important thing is that you don't over do it, if not it will affect you, and you will end up selling some part of your bitcoin to conver up some emergencies that will arise.
For example if you receive 130k a month and you invest 20k each every week, making a total of 80k per month left with 50k, that is a bad aggressive Investment and surely the person is over doing it. because your bitcoin Investment should be done in a manner that you will not over do it. It will definitely affect you or Put you in a tight corner.
If you Invest 80k on bitcoin how much will you use for feeding and running family expenses? Or how much will you set aside for emergency and reserved? Surely if you over invest in Bitcoin, the 50k available amount will not be enough for emergency and reserved. Definitely it will affect your bitcoin HODLing.
Though it depends on you and how you can be able to manage your family. If its you alone you can cope but if it's a large family I doubt if you can manage. The point of the matter is that don't invest aggressively if not you will sell your bitcoin down the road.
However You can invest aggressively when you have the funds to do that, the most important thing is that you don't over do it, if not it will affect you, and you will end up selling some part of your bitcoin to conver up some emergencies that will arise.
If only any one can come in terms with Bitcoin without seeing it as a competitive investment, surely a sustainable and progressive investment includes having an effective financial planning and proper funds allocation, the importance of emergency funds can not be overly emphasis even in life generally let alone towards your investment, Bitcoin investment shouldn't be seen as a burden hence, it has always been to invest with as little or more you can be comfortable with in order to sustain and maintain your investment towards achieving your investment goals and objectives.
Investing in bitcoin is not that difficult to do in as much as the investor isn't doing it like a competition whereby he has to invest above his financial weight. And this is for those investors that are going lumpsum. Meanwhile for those investors that wish to apply the DCA strategy you just have to be strategic by evaluating your total earning in a month and dividing it into three places and therefore using one part for your DCA monthly, while separately keep the other two parts for expenditure and emergency funding respectively. You just have to be patient and learn to stick to your investment plans never falling to the temptation of buying beyond what hat you had initially planned so you don't get choked in case of future uncertainties.
The instructions you show should be slightly modified for the DCA technique. For most people, the difference between income and expenses is very small. There you are asking to divide the income into three parts and recommending one part investment which can be difficult and confusing for investors. I think you should have said to DCA a portion from discretionary income and set aside for floating cash if possible. The amount of floating cash should be increased gradually so that at least 6 months is enough to meet the daily needs of your family and if your earnings stop due to any reason, your bitcoin investment will not cause any problems. Also you may need floating cash in case of physical accident or other reasons without withdrawing the invested assets at that time to be able to meet urgent needs. Quote from: Lida93
Investing in bitcoin is not that difficult to do in as much as the investor isn't doing it like a competition whereby he has to invest above his financial weight. And this is for those investors that are going lumpsum. Meanwhile for those investors that wish to apply the DCA strategy you just have to be strategic by evaluating your total earning in a month and dividing it into three places and therefore using one part for your DCA monthly, while separately keep the other two parts for expenditure and emergency funding respectively.
Wen u have d knowledge of bitcoin investment, it will b easy for u to do wat will make other investors to no that u understand d investment because u will not b afraid to invest wat u cannot afford to lose in d investment, but make sure u have other sources of income that will b giving u strength to hold up to dollar cost average DCA method, and u will not regret of making use of d method wen d price of bitcoin pump to your explanation.Quote from: Lida93
Investing in bitcoin is not that difficult to do in as much as the investor isn't doing it like a competition whereby he has to invest above his financial weight. And this is for those investors that are going lumpsum. Meanwhile for those investors that wish to apply the DCA strategy you just have to be strategic by evaluating your total earning in a month and dividing it into three places and therefore using one part for your DCA monthly, while separately keep the other two parts for expenditure and emergency funding respectively.
Wen u have d knowledge of bitcoin investment, it will b easy for u to do wat will make other investors to no that u understand d investment because u will not b afraid to invest wat u cannot afford to lose in d investment, but make sure u have other sources of income that will b giving u strength to hold up to dollar cost average DCA method, and u will not regret of making use of d method wen d price of bitcoin pump to your explanation.
Investing in bitcoin is not that difficult to do in as much as the investor isn't doing it like a competition whereby he has to invest above his financial weight. And this is for those investors that are going lumpsum. Meanwhile for those investors that wish to apply the DCA strategy you just have to be strategic by evaluating your total earning in a month and dividing it into three places and therefore using one part for your DCA monthly, while separately keep the other two parts for expenditure and emergency funding respectively. You just have to be patient and learn to stick to your investment plans never falling to the temptation of buying beyond what hat you had initially planned so you don't get choked in case of future uncertainties.
It is an unlikely good move that you invest in Bitcoin, but it must be rational. I think investing $80 in Bitcoin out of your monthly income of $130 is an aggressive move. You can make this aggressive investment if you have another source of income. But one thing can be highlighted here, actually people face different situations depending on the location, I actually want to explain the source of income here. Suppose you live in a city or a village, a village is likely to be better than a city and a city is a bit more expensive and luxurious. So with a monthly income of $130 you can make an aggressive $80 investment in Bitcoin from the village, which is a good step up from the luxury city.
Whether one live in a village or city person no suppose invest aggressively because you dey put your own self for risk because sometimes there are unforseen circumstances so imagine when person don invest aggressively and something serious come come up I mean something wey be say even funds wey dey your hand no even reach half to settle or handle the problem waiting person go do at this point in time no be to go tamper your investment? abi you wan go borrow?remember even when you borrow solve the problem you go still payback the money with interest in that matter, so it is good to invest moderately I mean that one na safe investment, aggressive investment is not healthy and e no dey safe for me oo.
Many new investors buy aggressive bitcoins due to excessive greed even though he is unlikely to suffer a financial loss as a result of this decision he can reap huge profits in the long run if he tends to accumulate bitcoins using the DCA method.
Aggressive Investment is not only putting all your funds in bitcoin without having reserved and emergency funds, sometimes investing %80 of your funds in bitcoin without considering the level of your discretionary and emergency funds can as well be seen as aggressive or over doing.
Dem Dey over do am, because I no see anything like aggressive. If we Dey invest we have to be smart, and we shouldn’t invest everything wey we get, at least we suppose Dey get some amount wey we no go even put for crypto self, because if anything later happen, and all your money Dey for crypto, then na that same crypto you go later sell just to solve d problem wey you get, and e fit be say d coin wey you buy go don even dump when you wan sell am, but as you no get choice, na to sell am at loss. If everything Dey for crypto, e go just Dey very difficult to hold for long term, because you go just Dey touch d money small small, but if you get money outside crypto, na to overlook d one wey Dey crypto, your mind no go even Dey that side.
Before you become aggressive in your Bitcoin investment you need to be financially stable have a strong emergency, reserves and float funds and also make sure your being aggressive those not go beyond your Discretionary income because if it goes beyond that it may lead to you dipping hands into your Bitcoin investment, the only money you should use to invest in Bitcoin should be your discretion income.
If you are into a long term Bitcoin investment you don't need to be aggressive in your Bitcoin investment because there's no need to rush accumulate little by little and you will grow.
I have a friend when he started Bitcoin investment he wanted to meet up he was always saying a lot of people has gone far and he needs to be fast in his accumulation so he could have 1 or 2 Bitcoin and that lead to him being very aggressive in his Bitcoin investment and that made him broke he then started dipping hands into his Bitcoin investment so when it comes to bitcoin accumulation on don't need to rush Bitcoin still has a long way to go it has not reached half of it's growth all you need is to be consistent in accumulation and patient.
If you are into a long term Bitcoin investment you don't need to be aggressive in your Bitcoin investment because there's no need to rush accumulate little by little and you will grow.
I have a friend when he started Bitcoin investment he wanted to meet up he was always saying a lot of people has gone far and he needs to be fast in his accumulation so he could have 1 or 2 Bitcoin and that lead to him being very aggressive in his Bitcoin investment and that made him broke he then started dipping hands into his Bitcoin investment so when it comes to bitcoin accumulation on don't need to rush Bitcoin still has a long way to go it has not reached half of it's growth all you need is to be consistent in accumulation and patient.
It is an unlikely good move that you invest in Bitcoin, but it must be rational. I think investing $80 in Bitcoin out of your monthly income of $130 is an aggressive move. You can make this aggressive investment if you have another source of income. But one thing can be highlighted here, actually people face different situations depending on the location, I actually want to explain the source of income here. Suppose you live in a city or a village, a village is likely to be better than a city and a city is a bit more expensive and luxurious. So with a monthly income of $130 you can make an aggressive $80 investment in Bitcoin from the village, which is a good step up from the luxury city.
Whether one live in a village or city person no suppose invest aggressively because you dey put your own self for risk because sometimes there are unforseen circumstances so imagine when person don invest aggressively and something serious come come up I mean something wey be say even funds wey dey your hand no even reach half to settle or handle the problem waiting person go do at this point in time no be to go tamper your investment? abi you wan go borrow?remember even when you borrow solve the problem you go still payback the money with interest in that matter, so it is good to invest moderately I mean that one na safe investment, aggressive investment is not healthy and e no dey safe for me oo.
Aggressive Investment is not only putting all your funds in bitcoin without having reserved and emergency funds, sometimes investing %80 of your funds in bitcoin without considering the level of your discretionary and emergency funds can as well be seen as aggressive or over doing.
How you go leave all your money for bitcoin, e no really make sense now, if you put all your money for bitcoin, and you tell me say you wan hold for long term, I go just smile shake my head because I know you won’t be able to hold. If you don put all money for bitcoin, Wetin you go come Dey use guide body? If emergency happen and you don search everywhere nothing Dey, then na the bitcoin wey you get you go later sell now, and no Dey surprise say bitcoin price self fit don dump when you wan sell am. The only problem many people they get be say them no they like to think things wella before them take decisions because them they always allowed waiting them like cloud there mind because I noticed say plenty people way done get issues with the Bitcoin way them they hold na because say them no plan am well, them they think say as you just buy am you go start to they chop money.
I don't believe they will find a person who would invest all of his cash in bitcoin, because investing all of your money in bitcoin will not protect you if an emergency occurs and you need money quickly. It is not wise to invest all of your money in it. since he will put you in different issues and I am sure your investment will not last. You will not grasp it since you have put all your assets in investment. Any troubles that happen, you will have no choice but to touch them. You are right, many people don't think before placing their money in something since they have heard that if you invest, you would all make a profit. They didn't look for the negative portion of it, Because anything as an effect, you simply need to be wise so that he does not affect you. It is preferable to invest 30% of your earnings in Bitcoin whenever you receive your salary. That is why they say that if you don't have a source of income, you should not invest in cryptocurrency since it is volatile. No one knows how much the coin will rise or fall, so if you lose money, it will not bother you because you have something to support your investment.
Aggressive Investment is not only putting all your funds in bitcoin without having reserved and emergency funds, sometimes investing %80 of your funds in bitcoin without considering the level of your discretionary and emergency funds can as well be seen as aggressive or over doing.
How you go leave all your money for bitcoin, e no really make sense now, if you put all your money for bitcoin, and you tell me say you wan hold for long term, I go just smile shake my head because I know you won’t be able to hold. If you don put all money for bitcoin, Wetin you go come Dey use guide body? If emergency happen and you don search everywhere nothing Dey, then na the bitcoin wey you get you go later sell now, and no Dey surprise say bitcoin price self fit don dump when you wan sell am. The only problem many people they get be say them no they like to think things wella before them take decisions because them they always allowed waiting them like cloud there mind because I noticed say plenty people way done get issues with the Bitcoin way them they hold na because say them no plan am well, them they think say as you just buy am you go start to they chop money.
It is an unlikely good move that you invest in Bitcoin, but it must be rational. I think investing $80 in Bitcoin out of your monthly income of $130 is an aggressive move. You can make this aggressive investment if you have another source of income. But one thing can be highlighted here, actually people face different situations depending on the location, I actually want to explain the source of income here. Suppose you live in a city or a village, a village is likely to be better than a city and a city is a bit more expensive and luxurious. So with a monthly income of $130 you can make an aggressive $80 investment in Bitcoin from the village, which is a good step up from the luxury city.
mate, don't just conclude i spend more in the village than i do in city, in my village i spend 50k weekly but in city spend less than weekly. in village i buy almost everything still support my external family, i hate village lol. With that being said, when it comes to regular living, like just living, the expenses is definitely lower at the rural or village level.
It is an unlikely good move that you invest in Bitcoin, but it must be rational. I think investing $80 in Bitcoin out of your monthly income of $130 is an aggressive move. You can make this aggressive investment if you have another source of income. But one thing can be highlighted here, actually people face different situations depending on the location, I actually want to explain the source of income here. Suppose you live in a city or a village, a village is likely to be better than a city and a city is a bit more expensive and luxurious. So with a monthly income of $130 you can make an aggressive $80 investment in Bitcoin from the village, which is a good step up from the luxury city.
mate, don't just conclude i spend more in the village than i do in city, in my village i spend 50k weekly but in city spend less than weekly. in village i buy almost everything still support my external family, i hate village lol. If i leave in my village i wont accumulate any bitcoin because i live from hand to mouth, talk more of fuel for generator. this village stuff is different so no just conclude. holding is a personal disciplining and planning no location should be an excuse. one need to check his expenses of the month and conclude on the the amount of bitcoin he wants to buy monthly. don't go invest all your pay then you start looking like an orphan begging to feed when you have money in your wallet. hodling is planning stuff to hurry to buy when you know you will be needing the money soonest. 
Aggressive Investment is not only putting all your funds in bitcoin without having reserved and emergency funds, sometimes investing %80 of your funds in bitcoin without considering the level of your discretionary and emergency funds can as well be seen as aggressive or over doing.
How you go leave all your money for bitcoin, e no really make sense now, if you put all your money for bitcoin, and you tell me say you wan hold for long term, I go just smile shake my head because I know you won’t be able to hold. If you don put all money for bitcoin, Wetin you go come Dey use guide body? If emergency happen and you don search everywhere nothing Dey, then na the bitcoin wey you get you go later sell now, and no Dey surprise say bitcoin price self fit don dump when you wan sell am. If you wan invest for bitcoin, make sure say you get enough reserve before you start investing in bitcoin, so that no matter Wetin happen, your mind no go really Dey your bitcoin investment. Money wey we suppose invest na the one wey we know say we no go use for now, and na Wetin we fit afford to lose we suppose invest.
If you Invest 80k on bitcoin how much will you use for feeding and running family expenses?
Me I no even get fixed amount of money wey I Dey invest in bitcoin, na the kin responsibility wey I get go determine the amount wey i go invest in a month, sometimes I no even Dey invest anything if I see say problem plenty for head that month. 
Aggressive Investment is not only putting all your funds in bitcoin without having reserved and emergency funds, sometimes investing %80 of your funds in bitcoin without considering the level of your discretionary and emergency funds can as well be seen as aggressive or over doing.
If you put 80% of your discretionary income into your investment is considered aggressive and I would say it is unwise. Because in such a way you can't have any emergency fund or reserve fund there will be nothing left to cover monthly expenses unless the level of income is high. For example, for an income of 300k to 500k putting 80% will be a risk but not as much as someone who earns 30k to 100k monthly he cannot survive with 20% which is very small to take care of oneself talk more having reserve and emergency fund. People earning 1 million and above can surely out 80% for investment as the remaining 20% is 200k and could be enough to cater for his expenses. After making an emergency fund up to 3-6 months the investor can go into aggressive accumulation just as you have stated without being considered too careless or unwise. During the dips like the one we are experiencing right now, investor who has set up his emergency fund can accumulate aggressively knowing fully well that he is covered even though he might not be adding to any other saving for the month, besides emergency funds should be up to 3 months of your monthly salary which means you can go extra 2 months, and start to refill your emergency funds after which you have finished accumulating aggressively.
Although one may not necessarily have to finish building their emergency fund and other backup funds first before beginning his accumulation as it's very much possible to do both simultaneously.
For a starter, a very wise strategy would be, to first begin building the emergency fund, and when it's enough to cover at least a month of your living expenses, then you can begin your bitcoin accumulation while still building your backup funds all at the same time, and when you've noticed that your backup funds is solid enough, you may now start being aggressive with your bitcoin accumulation.
It is an unlikely good move that you invest in Bitcoin, but it must be rational. I think investing $80 in Bitcoin out of your monthly income of $130 is an aggressive move. You can make this aggressive investment if you have another source of income. But one thing can be highlighted here, actually people face different situations depending on the location, I actually want to explain the source of income here. Suppose you live in a city or a village, a village is likely to be better than a city and a city is a bit more expensive and luxurious. So with a monthly income of $130 you can make an aggressive $80 investment in Bitcoin from the village, which is a good step up from the luxury city.
Aggressive Investment is not only putting all your funds in bitcoin without having reserved and emergency funds, sometimes investing %80 of your funds in bitcoin without considering the level of your discretionary and emergency funds can as well be seen as aggressive or over doing.
If you put 80% of your discretionary income into your investment is considered aggressive and I would say it is unwise. Because in such a way you can't have any emergency fund or reserve fund there will be nothing left to cover monthly expenses unless the level of income is high. For example, for an income of 300k to 500k putting 80% will be a risk but not as much as someone who earns 30k to 100k monthly he cannot survive with 20% which is very small to take care of oneself talk more having reserve and emergency fund. People earning 1 million and above can surely out 80% for investment as the remaining 20% is 200k and could be enough to cater for his expenses. After making an emergency fund up to 3-6 months the investor can go into aggressive accumulation just as you have stated without being considered too careless or unwise. During the dips like the one we are experiencing right now, investor who has set up his emergency fund can accumulate aggressively knowing fully well that he is covered even though he might not be adding to any other saving for the month, besides emergency funds should be up to 3 months of your monthly salary which means you can go extra 2 months, and start to refill your emergency funds after which you have finished accumulating aggressively.
Aggressive Investment is not only putting all your funds in bitcoin without having reserved and emergency funds, sometimes investing %80 of your funds in bitcoin without considering the level of your discretionary and emergency funds can as well be seen as aggressive or over doing.
If you put 80% of your discretionary income into your investment is considered aggressive and I would say it is unwise. Because in such a way you can't have any emergency fund or reserve fund there will be nothing left to cover monthly expenses unless the level of income is high. For example, for an income of 300k to 500k putting 80% will be a risk but not as much as someone who earns 30k to 100k monthly he cannot survive with 20% which is very small to take care of oneself talk more having reserve and emergency fund. People earning 1 million and above can surely out 80% for investment as the remaining 20% is 200k and could be enough to cater for his expenses. After making an emergency fund up to 3-6 months the investor can go into aggressive accumulation just as you have stated without being considered too careless or unwise. During the dips like the one we are experiencing right now, investor who has set up his emergency fund can accumulate aggressively knowing fully well that he is covered even though he might not be adding to any other saving for the month, besides emergency funds should be up to 3 months of your monthly salary which means you can go extra 2 months, and start to refill your emergency funds after which you have finished accumulating aggressively.
Jump to: