Since the thread in which I was posting/responding was locked, I am going to post my response here, in this lovely thread, and I will also invite Pi-network314159 to look at my response in this thread and decide whether he is going to respond further.
it's my pleasure and honour being invited here, but after this reply I would like the conversation to continue in this post.Per your request, I have already posted my response in that other thread.
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Isn't "aggressive" or "wimpy" meant in a situation-dependent way?So if i have about $100 to spend each month through various ways of generating income and minimizing outflow, i would be "wimpy" to invest $1-$10 of it for DCAing Bitcoin vs. "aggressive" if investing $90-$100, right? I would also be "aggressive" if i, for example, cut my healthy but costly diet down to only eat potatoes and rice (or Ramen, to introduce a bit of religious humor...), right?
At least this is the way i understand this terminology: In relative, not absolute terms.
To be able to follow this discussion, do my assumptions, which are by no means complete, just simple examples, match?
That is the way that I attempt to use the term, so we can describe a person as whimpy or aggressive within his own abilities to choose to invest into bitcoin versus some other way of prioritizing his time, energy and value. Your example seems to capture the essence of the matter.
Yeah, people get confused sometimes to suggest that a person who ONLY has $400 per month of disposable income versus someone who has $4,000 per month of disposable income, the one with the $400 disposable income would be maxing out his level of aggressiveness in regards to bitcoin if he were to be buying $100 per week of bitcoin, versus the $4,000 per month guy would be pretty whimpy if he is choosing only to invest $100 per week.. and surely these are individual choices.. and personally, I would not recommend to invest 100% of your disposable income on bitcoin, but there might be some percent that works but there also might be other things going on that need to be considered, including but not limited to how solid is the emergency fund, the reserve funds and/or float... so if a person has 6 months of emergency funds and 6 months of reserve funds, he can afford to be both aggressive and even overly aggressive in terms of measuring how much of his disposable income that he is using towards bitcoin.
