Topic: Aggressive Bitcoin investment. (Read 737 times)

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.

I see no difference between what I had said in my previous comment to what you just said now, funny enough you talked about modifying my recommendation but rather ended making everything difficult even that a newbie would have to strain his faculty to grasp your comment.

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.

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.

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.

Hey mate, what are you trying to say! Does it mean that because an investor thinks he has knowledge about an investment asset then he should invest even to what he can't afford to lose? No, that's BS. Even if you have other sources of income to maintain your investment for long term outlook yet it doesn't call for such high risk. And with the DCAing strategy in place the more reason you should be able to downsize your investment risk.

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.

Why does the question of village or city come up for aggressive purchase? If an investor has an internet connection and is financially active, he can make aggressive buy of Bitcoin from any stage. If an investor has sufficient amount of real assets and floating cash then he can use any method in investment but at the beginning, without engaging himself in aggressive investment the decision of investing in small amounts can be correct by reviewing the market situation and experience.

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.

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.

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.

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.

Na true na because how person go put everything way him get into Bitcoin investment, well e they obvious say the person go get issues for the investment later on, we no say based on the way our economy they Bitcoin na one of the hope way we get say with time we go collect better profit but e no means say make person put everything way them get into Bitcoin because we no say na only people way they hold na in go fit collect better thing in the future, so if person put everything way him get for Bitcoin how him go take survive since na holding because him go need money to buy things way go sustain 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.

Imagine my surprise when you said you spend more at the village compared to a city lifestyle. Going through your comment, I found a common problem shared by almost all Africans. You eventually have an extended family to carter for and not just your sole or nuclear family living as the case often is at the village. Mind you, this is usually during the festivities where everyone is there to merry and as such, spending becomes a culture tailored into this period.
With that being said, when it comes to regular living, like just living, the expenses is definitely lower at the rural or village level.

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.

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.

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.

Before starting one's Bitcoin accumulation, there are important things one must first put in place and Emergency funds are literally one of those things, or should I say the most important amongst those things, because your emergency is just as important as your bitcoin portfolio, and how solid your backup funds are determines how safe your investment would be.
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.

The more you can increase your emergency fund, the more aggressive you can be in accumulating bitcoins because if you have enough money to cover all your household expenses for 2 years (estimated) you will be more secure in meeting your family's daily needs. You can be more prepared for aggressive buying and buying when you get price dips can be much easier and acceptable for you as having floating cash is very important to keep your investment safe. The smaller the amount of cash you have the more vulnerable your valuable Bitcoin investment is to withdrawal. Therefore if you want to be a long term holder of Bitcoin you are recommended to increase the amount of emergency fund.

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.

Well I don't if you have forgetton about the spending power of the two parties because I believe the two set of person won't be on the same spending budget as the one who earn like one million will definitely have more spending to do although this concept sometimes may not be true but I think the ratio will certainly be higher if actually it's calculated.

Yeah actually the aggressive is taking many of meaning, but is not that a person will used all his funds that his/she have and investment in Bitcoin without reserves any single amount of funds, that it's not good ideal and i will never advice anyone to do that kind of investment. Because they might a day that you will needed of emergency money which will end of big regretting, that is why is good to be considered the amount the funds we have first before investing.
Invest the 8% of salary earning per month will make a person becoming what he didn't expect, and that's why those that have so much knowledge about the Bitcoin investment always given advice that anyone that really wants to should invest the amount of money that he can afford to lose. But for a person that is receiving 130k per month and his take only 20k to invest how will not say that is a bad aggressive, because this remaining 110k will do him to solves whatever he wants to do and at the of a day this 20k that's taking to investment will turn huge profits in future.

That’s about 61% of your total salary, that’s a bad investment strategy to me. You shouldn’t do that because it’ll definitely affect your investment going further. There are a lot of ways that natural and unforeseen circumstances can get back at you if you don’t play well. If I earn that much and have a very little nuclear family, I can only spare 20K in a month to be invested in bitcoin, anything greater than that will be that I’m putting myself into an unbearable situation that will come after me later in the future. The rule of hodling is not to touch until when you’ve hit your profit target. By aggressively investing, you’ll miss out on that and it’ll affect your overall savings.


Investing 20K weekly when staying alone in this economy is not even advisable, I don’t think one can survive with 50K monthly even if you’re alone. The expenses, tax will eat up that money before you talk of feeding and other basic amenities you need to cater for yourself. 30K monthly can do in this regard, anything above that is putting yourself in tight corner and will make you not to have a say or coordination of your savings.

Being aggressive investor does not mean that you should use all you have, it simply means that you can use what you can afford consistently, this has been misunderstood by many investors, as an investors, it is not wise to spend more than your means, investment is not done to distatisy yourself, every investor should understand that investment is a continuous process as such we should not make it to be a burden for us, although we must not be comfortable before we can invest in Bitcoin.
Mate, don't get it twisted, you must not have a strong back up before you can be an aggressive investor in Bitcoin, Bitcoin investment has different strategy in which an investor can continuously invest which DCA method is one of them, in this stratey you can invest as low as $1 dollar continuously, with time once your earnings increase, you can also increase your portfolio.

To invest in Bitcoin aggressively na good thing because e go build your investment portfolio go far but as the case may be no go invest aggressively wey later you go tamper from your investment and the main purpose of hodling for the long term no go workout las las.E dey important to note say make anybody wey wan invest in Bitcoin suppose get emergency fund and invest from ehn discretionary income.Bitcoin investors suppose build their emergency fund so that no matter how expensive the emergency case go look like dem go fit overcome am with their emergency fund in order not to tamper their holdings.Invest aggressively at your own risk na choice no be force just that no go do pass yourself.

Actually, na the bigger the amount of money or percentage you invest na the bigger the profit you go expect. Likewise, the bigger risk you go face incase things take opposite side. When it comes to bitcoin matter, you no need to be aggressive or passive investor, wetin you need na calculation and management. Investing aggressively is a sign of greediness to make huge profits which is a bad strategy.

 Bitcoin no be like contribution wey person go dey expect to collect certain amount of money at the end, there is market fluctuation which affects your investment capital. Na why person need to invest moderately in order to balance the equation between the profit and lose. It doesn't matter how much you dey collect per month or weekly, what matters is how much you fit afford to lose.

You fit dey collect better money make you no get mind to lose some kind percentage wey people dey suggest here. You no need to based your investment on a fix percentage, let it be based on wetin you go fit afford at a time. Mind you, there's no gain where there is no risk. Just make sure say na profitable risk you dey take. In summary, whether aggressive or not, make sure you dey invest no matter how small make we no dey behind.

You are right! Being aggressive in depositing or investing in Bitcoins is definitely going to be positive for you when you have enough floating cash as an emergency preparedness. You should focus on increasing your bitcoin stash rather than primarily as a source of income. For you to increase your deposit in Bitcoin should proceed according to proper plan including increasing the level of alternative income.

Being aggressive when accumulating bitcoin ain`t bad but over doing it is not encouraging at all, because most people usually use their emergency funds to accumulate just in the name of being aggressive , though  when one is being aggressive in bitcoin accumulation without over doing it while having alot of funds, he or she rate of accumulation will definitely increase due to being aggressive . but all we truly need some good sources of income,  and also be consistent  with your accumulation. one beauty of bitcoin accumulation is that you can literally start with any  amount of one choices

With 130k as salary, e better say the person invest 50k instead of 80k because this present economy no dey friendly at all. As things dey so 80k sef no go reach family for the whole 30 days (a month) but as a person wey won invest for Bitcoin nah for you to just reduce the way you spend so that you go manage save up small coins for future use. To dey invest in Bitcoin with aggressive manar no dey advisable at all because you need to dey well equiped before you start to dey invest. When you get responsibilities, you first of all think of the responsibilities and how you go take manage them for the whole month before another money come in. If the investor nah person wey only depend on one salary e go hard for am because em no get any orda means to get money apart from em salary, so if em dey invest in Bitcoin and with more than half of em salary, e go hard for am when mi ey finish for em hand and another salary no come.

Well, I can’t tag it aggressive investing but rather a reckless investment because at the end of the day, the investor might be fooling himself especially in a country like ours.
The truths is “EVEN 1 million no dey last again” and as a smart investor, you no suppose Dey earn 230k coke Dey invest 80k for bitcoin and Dey expect to survive with 50k except the investor no get family or even a partner be it babe or wife or husband.
Things like these are the more reason why DCA method is always encourage because one doesn’t need to pressured while investing and if one is intending to hold for long term, then they should try to invest gradually and  not invest what they might be tempted to withdraw even before their expected time.

There are several principles for investment in cryptocurrency and one major one is only investing what they can afford to loss

Being aggressive in one's Bitcoin investment is not entirely wrong but one needs to know when he or she should be aggressive in his Bitcoin accumulation journey before one can be aggressive in his or her Bitcoin investment one needs to have a very strong emergency, reserves and float funds that will secure his Bitcoin investment in times of emergency or when he or she is facing a big issues.
Without having all this funds in place being aggressive in Bitcoin Accumulation will lead you dipping your hands into your Bitcoin investment when ever there's emergency.
Without a strong back up funds please don't be aggressive in your investment you can only be aggressive and succeed when you have a strong back up funds which are your emergency reserves and float funds.

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.

To dey accumulate aggressively continually no too good except say we don enter one kind deep wey you wan miss out then you fit buy with huge amount of money, else Na your choice, if you don calculate your expenses see say the ₦50k fit do you, then you fit go as aggressive as you can  provided say you get emergency fund for corner should in case of any emergency wey sup. I like to go aggressive when dips don show because that go give enough profit unlike when you dey run your normal fixed amount with DCA, we call it DCA and buy the dip. Wether you dey aggressive or not Na you dey bear the consequences. Latter you go receive the reward for future when you don ready to use your holdings.

Aggressiveness in bitcoin investment doesn't necessarily mean going all in or being irresponsible with your funds. Bitcoin investment should be a thoughtful process, where you consider the amount you can comfortably invest without danger of loss or harm to your financial stability. It's about investing an amount that aligns with your aims and keeping a reserved portion for other expenses. Example if you have $200 as disposable income after expenses being covered, investing $150 in Bitcoin can be regarded as an aggressive approach because it's a significant amount of your available funds. Similarly example for someone with a discretionary income of $2000 investing $1000 or $1200 in Bitcoin and keeping the rest as reserves and float shows a calculated and thoughtful approach. Aggressiveness in this context is about making a conscious decision to allocate a significant portion of your disposable income towards Bitcoin, while still maintaining a balance and prioritizing your financial stability. It's necessary to recognise that aggressiveness in investing depends on individual financial circumstances. It's about being bold and committed to your investment goals while still maintaining a level of discipline and responsibility.

I think everyone is almost saying the same thing and i think they are all correct perhaps by aggressive you mean investing regardless. In as much as Bitcoin investment is very good that doesn't mean one should be investing without considering some precautionary measures cause it can lead to frustration if the investment goes wrong.

it all depends on the individual plan before starting his investment. If an individual decides to use let's say 10% of his monthly earnings to take care of his investment, he doesn't need to always take care of all his needs before investing with that amount, once his salary comes in, it's just going to be that the person will have to take the 10%, buy his Bitcoin at that time and then proceed to using the rest of his money to sort out his expenses and maybe make provision for a portion that can serve as his emergency funds.

Being aggressive with your Bitcoin accumulation is good but it's not for everyone, it's even best to go at your own pace and buy with an amount that you're okay with since for most cases it's best to not just buy at a time and stop buying. If you intend buying Bitcoin over a long period of time, it's going to be best that you use an amount that's small so it you're doing it over a long period of time, you wouldn't need pause your buys at some point along the way.

You did not explain what aggressive invest really is, aggressive investment is good as long as its done right, anyone that isn't investing out of his discretionary income is investing wrongly and would surely put himself in some state of panic sonner or later, investing should be done of of our discretionary income and that is after our expense has been taken out and we taken care of everything that is necessary before using the spare cash to invest in bitcoin.

Boss, I like the way you just take deliver the whole message on this Matter, because some new investors go the think say na by investing aggressively nah so person go take make better profit with bitcoin, and on a normal no investment expert go advise person to the invest a percentage higher than what he is saving from the total money he receives whether na weekly or monthly pay.

And this talk of investing aggressively sef, people the misconceive am sef. Investing aggressively no only mean say you gat go all in with all your money or most percent of your money. It could also mean to maintain a good investment strategy and plans wey go make you not to fail from reaching your investment goals. Such things as emergency and natural disaster like that period of covid.

Too much of everything is bad and that is why proper orientation is very important in whatever you are embarking on. bitcoin investment should be done with your spare funds, more like the money you would not be needing anytime soon. This is essential for long term investments so that you don't tamper with your investments within a short while and defeat the sole purpose of investing initially.

in the scenario cited by the OP, the person involved in your narration is not supposed to invest more than one third of his salary, so that he can make ends meet effectively. There is no rush in bitcoin investment journey, you can use DCA method and you would still hit your accumulation goals with a slow and steady process.

One of the reason I like Bitcoin investment Na because all the decision making dey your hand, so whether you succeed or not Na your hand e dey. E don Tay wey dem say before you invest for Bitcoin make you dey sure say you get source of income, so That you no hang for road. And DCA Na one of the most recommended strategy because e dey very comfortable to practice, to dey put small small based on were your power reach. And to make sure say you no go put pass your power because of FOMO for either dip or any small potential position wey the chart don show. Make you settle any other important thing for life before you go put pass your power, so that you no go go back to investment after you don already invest finish.

when investing in Bitcoin, an investor has to prioritize his daily family needs first. One can decide to invest/deposit a fraction of disposable income into Bitcoin. Being aggressive in depositing/investment early can hurt your investment because you tend to be reluctant to keep your cash in excess. You may need emergency cash in future for urgent needs like physical illness or any other reason. That consideration allows you to protect your valuable Bitcoin holdings without having to withdraw them. Aggressive depositing should be dependent on waiting for Bitcoin's decent phase which lasts 1-2 years.

You are over emphasizing being aggressive in your Bitcoin investment, there is nothing absolutely wrong approaching your Bitcoin investment aggressively without over doing it such that it will not affect your other living expenses where you have to sell your Bitcoin investment too early in order to meet up your other needs. However, the idea of Bitcoin investment is apparently based on understanding the level or how much of your disposable or discretional income after taken care of whatever might have  been consider to be a basic needs, with a provitional emergency funds inclusive, the level of your aggressiveness should totally depends on the total amount you have as your disposable income and not your total income or salary.

Aggressive investment is not a bad idea. There is various reason why people aggressively buy bitcoin and they have reasoned the consequences of it before they decide to go aggressively. Now let me out it this way for clarification. When we have calculated our disposable income and found out that there are less expenses for the new month and more money would be left to cover up for emergency funds and savings then the rest money can be used to aggressively buy bitcoin.

OP, in my own understanding of aggressiveness is when you put an extra funds into your investment and these funds may come from tips in the workplace, additional income in our salary, or money that was giving to house by family relative or friends. Such money can be used to buy bitcoin aggressively and there are no consequences attached to it.

One can aggressively invest in bitcoin if he has the money and also if he has an extra ways of incomes and with that he can set aside some the funds for emergency Funds. Many people want to invest in bitcoin mostly the youths but their no much capital to kick start the investment process so if they have the opportunity to invest aggressively then I don't they will even look back but what you said is correct because if someone invest in bitcoin with reservoir funds then the investment will collapse one day because there is no back in the investment.

I don create here before and that go be last year wey I say before you invest in bitcoin or any cryptocurrency project make sure you dey di something and many people think say I dey play but na di truth be dat. Aggressively investment is good but you need to have secure emergency funds so that you go use back your investment.

Investing Aggressively into Bitcoin depends on the level of your discretional income and the level in which your emergency fund has gotten up to, if your emergency fund is up to 6 months and above you can become more aggressive in accumulating Bitcoin.

If want to invest in Bitcoin and really want to benefit from it you need to be aggressive because you want the best but dont over do it in a way that it won't affect your BTC journey and personal life negatively. Investing aggressively into Bitcoin can be very risky if you over do it without having a reasonable source of income or steady cash flow that can help you take care of your needs when unforseen challenges may arise so that it won't affect your Bitcoin investment journey by selling off your Bitcoin hodling when its not yet time.

Unless the money invested that sums up as aggressive investment isn't of any use, then it's wise invest doing this with only funds one can afford to lose or stay away from for the time being.
I would even consider investment in BTC or cryptocurrency without a plan but just doing so at ones pace, is aggressively risky too, because diverting huge funds to HoDL for the time at any time may be too much due to responsibility of survival and taking care of dependants or family.

I believe it's simply plain stupidity to not be thinking of the necessity of daily expenses or emergency issues because before one should even think of starting an investment these certain things are the one he should out into consideration of which one is putting the right money in so you won't be affected because whether we like or not
emergency expenses must come  and that's why it's better to have more than source of income so that you can still accumulate aggressively with one pay and then use the other for basic life necessities.

The percentage of your salary that you are putting into bitcoin does not really matter if you are being too aggressive or not. It is your discretionary or disposable income and you monthly expenses and needs that will determine how aggressive one can be. If you have a good size of discretionary income after making sure that you have taken care of your monthly needs and expenses, you can use part of the left over to build your emergency funds and use the other part to invest in bitcoin. People that buys bitcoin aggressively are those new investors that are late to bitcoin but they have enough discretionary income that after buying bitcoin with some parts and saving some parts in building their emergency funds, and they still have a good amount left which they don't use till when they get paid again, such idle fiat can be used to buy more Bitcoin

Aggressive buying gives an investor the opportunity to accumulate more bitcoin than someone who is buying bitcoin without being aggressive. It is good to buy aggressively but don't over do it if not it will be that you are gambling, because when an emergency arises that if way bigger than the little emergency funds that you have, you will sell your coins to take care of such emergency which has killed the purpose of hodli for long and not selling, because you might sell your coins when bitcoin price is below your entry point and you will run at a loss. So it is based on your own discretionary income that will determine how aggressive you will be.

IMO, in the world of crypto currency, if you have decided to make any of those coins a am investment for you, you shouldn't put more than you can risk on any of the coin, Bitcoin or no Bitcoin, no investment should take more than half of your salary. Investing on Bitcoin with more than half of the money you are being paid as salary is a good sign that the investment will not last long. There are days when some tangible expenses will come and if you don't have money to package those things your investment will crash.

You are very correct @CryptoprenurBrainboss wetin you talk na really de Koko because as a family man wey get wife and children e no dey good to go involved our self for aggressive investment wey you go come regret tomorrow when you get emergency, because normally person wey get family dey always get challenges and for us to overcome it is when will plan our self well by keeping money for Emergency, however just as you don already talk say Aggressive investment dey good for when we never get family na true because that time will never get responsibility so we go fit manage our self.

A Bitcoin investor that is on a fixed income should learn to have a budget plan, so that they will know the amount that they need for food, rent, transportation and other miscellaneous expenses, before they will know how much to invest in Bitcoin, every week or month. Without a well planned budget, the person can be buying Bitcoin with a higher amount from his income, whereby when they go broke or emergency expenses arises, they will run back to their Bitcoin investment to sale and take care of the need. Being over ambitious in Bitcoin investment is not good,  because it is a long term investment that doesn't need to be selling prematurely, so that the person can accumulate enough profit in the future.

Na true talk you talk, person way over do they cause suffer for en self and en no go fit hodl for long because when en face emergency en go withdraw en Bitcoin investment so as to solve that issue.
And e make sense as you talk am say is better to invest 20 percent of your income or 30 percent, this format way you talk like this na watin I dey use oo and it has helped me to hodl for long, person no go go investment pass en financial strength oo.
En no just good to invest aggressively if not e go Hook you down the road.

Yes I agree with you na for person youthful age person go talk about investing aggressively no be when person don get people way they look up to am for financial assistance or when person done marry then born. When person done marry e no good to invest aggressively so as not to suffer.

Person wey dey receive ₦130k, na very wrong decision to dey invest ₦80k for Bitcoin. That one dun pass investing as na suffer you dey put yourself if you no get another source of income and na only that ₦130k wey you survive on monthly. E no possible to survive on ₦50k a month as a working class person wey go dey commot almost daily (paying transport or buying fuel) for this country and you go dey live comfortably especially when you dey city and no be village. The only time wey you fit dey invest like that na when you get other side hustle wey go dey bring in small money wey you go dey use for sustainability. Your investing percentage no supposed pass 20% of your income if your salary no too big and when e big e no supposed pass 30%. If you dey invest pass your capacity na you dey set yourself up for failure so make we no dey overdo pass ourselves.


Aggressive investing should be done in your youthful years and no be when you get heads to feed, that time wetin you suppose dey do na strategic investing wey be say you know the amount of risk that you can take but as a youth you fit take more risk so you fit secure a better future for yourself and your unborn children. Irrespective of Bitcoin investment being proven, you no suppose dey invest inside anyhow because the market dey volatile and e dey craze sometimes and that time fit be when you need funds for your regular business. Anyhow you dey invest reach make you dey hold emergency money one side because to see where to get money this days no easy as country hard.

I don't think 50k will do to save for your emergency funds and for your feeding and other expenses due to how things are now very expensive in the country, remember you need to save for your house rent too unless you are still living in a family house, having 50k as a lift over will always make you touch your Bitcoin investment.

It all depends on the investor and his monthly earnings. if the Investor is single and doesn't spend Extravagantly I think 50k should be enough for an Emergency reserved. Since Bitcoin is not a get-rich Quick Scheme and the Market is volatile, I wouldn't Encourage any Investor to buy Dips with 80% of his monthly earnings if  he doesn't have good plans to manage himself for a long period of time.

Your right, the concept of over aggressiveness has nothing to do with the amount invested but rather it is more about the condition at which you are investing, if I have all my expenses carried out and I have am investing out my discretionary income then that is no problem no matter how huge that is.

But the error that most make is investing aggressively when they have other needs to attend to like building up cash reserves incase thigns go wrong and having a good emergency funds.

Usually that is why DCA is recommended when you want to invest. If you go by dollar cost averaging, then you will have some breathing space in your investment and check yourself on your balance and what exigencies you have whether to suspend next buy because of future financial challenge or to cut down on the percentage of investment at that time to take care of the pending expenses. To invest all your money at once with the hope of inflow cash is risky because you can be stranded and forced to cut short your investment to pull it out for sorting the particular need and this happens especially for those having just one source of income. In fact, if you have one source of income, even when your investment is running and you enter into financial challenges, you will be forced to pull your funds out by selling them to sort yourself out. No one would have funds and then refuse to take care of their immediate health challenge. Of course, that would be foolishness.

You are correct and that is why I had to do some editing in other to bring the example using Nigeria currency. You can go through it now and put out your reply if truly is an aggressive Investment or not.
The first example I used before editing is dollar and it will be an aggressive Investment if you live in United States of America and not aggressive if you live in Nigeria because dollar when converted is a big money in Nigeria.

Your example contradicts the definition. Depending on where you live, someone can easily live on $500 a month left over after investing in Bitcoin. This scenario might not be truly aggressive if basic needs are covered.

I have seen this post in SPECULATION,your ideal is similar to that of  TROYTECH

https://bitcointalksearch.org/topic/m.64105497

In my opinion, I wouldn't classify an investment where you receive $1300 per month, invest $800 of it, and save $500 for emergencies as aggressive or excessive. $120 a month can cover our feeding and a few other expenses, except you decide to put yourself above others. The issue of emergency It is not something we hope to happen on a regular basis, so the remaining $380 is a good save. As an investor, you do not spend lavishly, you learn to limit your expenditure. I'm not saying you shouldn't enjoy your life, because na who dey alive dey enjoy life but you should do it sensibly rather than forcing yourself to overspend.

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.