JJG’s Outline of Bitcoin Investment Ideas

[laspol65]

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The more discretionary income or cash income a person has in Bitcoin investment, the stronger Bitcoin investment will be able to hold. If a person wants to hold his Bitcoin investment for a long time, then he must be more careful, that is why he must form an emergency fund according to the plan in the future. And that investor can save all the additional expenses that are in his daily movement and add them to the Bitcoin emergency fund to strengthen his investment for a longer period of time.

This is part of the investor's personal self-regulation. If an investor truly desires to continue investing in Bitcoin, they will strive to increase their discretionary income for their long-term investment plan. So, things like this are actually quite well-known among established investors, although even those who are new to Bitcoin and are still adjusting their funds to their own lives may not yet realize this. Gradually, those who are still new to investing will also begin to realize this over time. I expect a small surge in the market in the near future, as Bitcoin is now approaching $90,000 again.

If you are thinking about long-term planning, it is best not to worry about the price of Bitcoin, because if you always pay attention to the price of Bitcoin, then you may get greedy because of the dividends of your benefits and you may give up your holdings. Therefore, it is best to plan to only hold Bitcoin for the long term and plan to buy Bitcoin, and adopt strategies on how to hold Bitcoin for the long term, then the investment will be able to be held for a long time.
And the more the amount of discretionary income increases, the more Bitcoin investment can be held for the long term and the amount of holding will be increased.

[JayJuanGee]

If a person figures out that he does not have discretionary funds then he cannot invest in bitcoin. 

If a guy invests in bitcoin, but then realizes that he needs the money for expenses, then he made a mistake, and he has to live with the consequences of his mistake.

If a guy has discretionary funds, yet he is not sure if he wants to invest in bitcoin, then surely he has to get to a point that he is ready, willing and able to invest in bitcoin  and perhaps that he is willing to lock up the money that he invests for 4-10 years or longer.

Many times if a person is hesitant to invest into bitcoin, they might just choose a smaller position size in order to get comfortable investing into it, yet there still needs to be some determination that the guy has discretionary funds and is investing using his discretionary funds, and he is not using money that he needs for his expenses for the next 4-10 years or longer.

If a person does not want to commit to 4-10 years or longer, then they might be starting out with a trading mindset rather than an investor's mindset, so they could still get started, yet I personally recommend investing in bitcoin not trying to trade it.

This is a very grounded take. Bitcoin isn't about hoping money grows quickly; its about allocating true discretionary capital with clear intent. And if someone invests money without emergency fund and the money they would later need, it's Not bitcoin's failure but rather poor planning. This mainly occurs when people are impatient who don't have a proper road map and plan but are eager to invest To Double,triple/ multiply their money like they have seen online. The moment you buy, you should be ready to lock away that capital for years and if there's hesitation, starting small to gain conviction is reasonable and wise.

One of the things that people are taking seriously is to be very patient because you don't expect to start investing and you start getting results it does not work that way there is a process to everything, once the capital is ready every other thing will be on the shoulder of who is investing, one of the problem investors have is that they are impatient and they are always looking for ways to make quick money but when it comes to bitcoin investment you have to wait just as if you are planting and you have to wait until it is ready for harvest the same thing with bitcoin investment you have to wait until it is ready.

With the harvest idea (analogy), we are talking more like a long term harvest (like fruit trees) rather than a crop that has to be replanted every year.

And I feel people don't longer want to hold for a long time, if not it is better to lock your eye just as you said because there people that have hold for years and that is one of the clear meaning about holding, except for those that are doing short trading but for every thing people are becoming more serious about there invest because I feel everyone needs to learn and observe how things are so that when they start investing they don't need to worry the only thing that matters is starting.

Yep.  It can take time to transition from a trading mindset to an investing mindset, since people get worried about their bitcoin going down in value, yet if they can figure out ways to just keep buying, then they likely have better chances to make it through their first cycle or two so that maybe at sometime around 1-2 cycles, then maybe selling might become a maintenance tool.. and not necessarily a growing tool.

For some reason, there are a lot of people who mistaken selling as a tool to grow their bitcoin, and ultimately selling is not a good tool for growing bitcoin holdings, so if guys can get in a mindset in which they are buying only and not worrying about the extent to which their BTC holdings might be "in profits" or not, then when it comes to a cycle or two down the road, then they are likely going to be in a better place as compared to where they would have had been if they had not stayed focused on ongoingly buying bitcoin during their first cycle or two...

And, so then once they get to a decent sized bitcoin stash, they have more options, yet they are still not totally free from screwing things up since they are likely still going to be lured into selling, when at best selling might become a maintenance tool but it is surely not a tool that should be overplayed, since even when guys get to a maintenance stage, they are still likely needing to mostly be holding onto their BTC prior to their being in a position where regular selling might start to make sense (the harvesting portion that you had mentioned).

people would still blame you if anything happens even after telling them about the risk involved. They would blame you because they might believe you sweet-talk them into investing in a scam project if their investment wasn't go as planned. Whether they knew the risk and still go ahead with the investment, so far, you were the one who brought them in,they might still hold you accountable. Simply because you told them about the pros and cons, wouldn't  prevent them from blaming you or holding you accountable especially if they invested income they couldn't afford losing.

It is important to let them know there is no guarantee of making a profit in investing in Bitcoin, and of course there is no guarantee because any person can change their mind or make decisions that will affect the outcome, and still put the blame on you. It is good to be clear in your explanation when trying to help someone understand Bitcoin.

Despite there being no guarantee in making a profit from Bitcoin investment, profits can still be made by anyone who understands it well and invests with a clear mindset. However, if the target is to make money quickly or within a specific timeframe, it is possible that you may not even get what you want from Bitcoin because it is unpredictable, and you can only make a profit by holding to see when there is a better increase in the market.

I also question when guys want to get in and then get out of bitcoin, even if their timeline might be longer.  Bitcoin seems more like something to hold forever rather than getting in and out of it and even getting into either inferior investments (in the case they plan to move their bitcoin into some other investments) or to consume with large portions of their bitcoin - rather than employing sustainable withdrawal, a lot of guys just end up depleting their bitcoin stash, so then they had spent so many years building up a bitcoin stash and then turn themselves into no coiners or low coiners rather than figuring out ways to keep their stash at overaccumulation status so that they can sustainably withdraw from their stash forever and ever and ever.. or at least during their lives and perhaps passing down their stash (except it can be difficult to determine if any bitcoin stash beneficiary is going to end up figuring out how to manage the bitcoin stash that they had received in sustainable kinds of ways).

<<<

The more discretionary income or cash income a person has in Bitcoin investment, the stronger Bitcoin investment will be able to hold. If a person wants to hold his Bitcoin investment for a long time, then he must be more careful, that is why he must form an emergency fund according to the plan in the future. And that investor can save all the additional expenses that are in his daily movement and add them to the Bitcoin emergency fund to strengthen his investment for a longer period of time.

This is part of the investor's personal self-regulation. If an investor truly desires to continue investing in Bitcoin, they will strive to increase their discretionary income for their long-term investment plan. So, things like this are actually quite well-known among established investors, although even those who are new to Bitcoin and are still adjusting their funds to their own lives may not yet realize this. Gradually, those who are still new to investing will also begin to realize this over time. I expect a small surge in the market in the near future, as Bitcoin is now approaching $90,000 again.

If you are thinking about long-term planning, it is best not to worry about the price of Bitcoin, because if you always pay attention to the price of Bitcoin, then you may get greedy because of the dividends of your benefits and you may give up your holdings.

I get the sense that the worry about price is more of a distraction rather than greed, and yeah perhaps a bit of wrong mindset in bitcoin, since any of us will end up feeling loss aversion if we are not mentally prepared in advance to keep buying bitcoin whether dips or no dips, especially in our first whole cycle of being in bitcoin. So there are likely going to be some periods in which are bitcoin holdings are in loss and our holdings might even be in great losses, yet we should just continue to put money into bitcoin, at least to a point that it is money that we can afford to lose, because we do not need that money for our expenses and to lead our lives.  We likely need to detach ourselves from the money that we are using to buy bitcoin for the first cycle and perhaps even longer than that.

Sure both greed and loss aversion focus on price and focus on the extent to which our bitcoin holdings are in profits or not, which I consider to be distractions that we likely need to overcome in order to continue to stay focused on ongoingly, persistently, consistently, regularly and perhaps even aggressively accumulating bitcoin through ongoing buying of bitcoin.

Therefore, it is best to plan to only hold Bitcoin for the long term and plan to buy Bitcoin, and adopt strategies on how to hold Bitcoin for the long term, then the investment will be able to be held for a long time.
And the more the amount of discretionary income increases, the more Bitcoin investment can be held for the long term and the amount of holding will be increased.

You are likely correct that getting guys into thinking that any new money that they put in bitcoin should be considered to be being locked up into bitcoin for 4-10 years or longer, so then if they understand that the money is locked up for 4-10 years or longer, then they might come to realize that they don't need to be ongoingly measuring it or monitoring it in regards to being worried about whether it is in profits or not, even though I don't have any problem with the idea of guys measuring and monitoring their bitcoin investment as long as they are not letting their measuring and/or monitoring affect their considerations that their bitcoin is locked up for long periods... and that they likely would not be moving away from ongoingly accumulating bitcoin for 4-10 years or longer.... and sure at some point they might graduate out of their accumulation stage because they may well have assessed that they have enough or more than enough bitcoin, yet many guys are going to need to take at least a whole cycle and perhaps even a couple of cycles to reach such a status unless they were able to front load their investment by either having very high amounts of discretionary income or maybe they just had other investments (and/or savings) that they could reallocate into bitcoin in their earlier years of bitcoin accumulation.

[Lembo69]

If you are thinking about long-term planning, it is best not to worry about the price of Bitcoin, because if you always pay attention to the price of Bitcoin, then you may get greedy because of the dividends of your benefits and you may give up your holdings. Therefore, it is best to plan to only hold Bitcoin for the long term and plan to buy Bitcoin, and adopt strategies on how to hold Bitcoin for the long term, then the investment will be able to be held for a long time.
And the more the amount of discretionary income increases, the more Bitcoin investment can be held for the long term and the amount of holding will be increased.

Yes, I agree with you, if you have a long-term investment plan, it is better not to worry about the price. Because sometimes, even if the price of Bitcoin increases a little, people want to sell Bitcoin for a small profit and get rid of the holding. Then the business side of their investors is revealed. So patience is the real thing in the holding plan. If you can manage your investment patiently, then you can definitely profit from Bitcoin.

As your stable income and discretionary income increase, you can focus on holding. And you can easily increase your wealth. If you have discretionary income, you will want to hold it for a long time, this will be a viable way for your investment.

Never lose your holding in the hope of a small amount of profit. Later, when the price of Bitcoin increases, you will regret it. To make the investment sustainable, you should also pay attention to your discretionary income. And you should hold Bitcoin for a long time. If you invest for 4-10 years, and if you have a reasonable income, you will not be greedy, and no recession will touch you. If you compare the equations, you will not sell your holdings.

[Baki202]

<<<

The more discretionary income or cash income a person has in Bitcoin investment, the stronger Bitcoin investment will be able to hold. If a person wants to hold his Bitcoin investment for a long time, then he must be more careful, that is why he must form an emergency fund according to the plan in the future. And that investor can save all the additional expenses that are in his daily movement and add them to the Bitcoin emergency fund to strengthen his investment for a longer period of time.

This is part of the investor's personal self-regulation. If an investor truly desires to continue investing in Bitcoin, they will strive to increase their discretionary income for their long-term investment plan. So, things like this are actually quite well-known among established investors, although even those who are new to Bitcoin and are still adjusting their funds to their own lives may not yet realize this. Gradually, those who are still new to investing will also begin to realize this over time. I expect a small surge in the market in the near future, as Bitcoin is now approaching $90,000 again.

If you are thinking about long-term planning, it is best not to worry about the price of Bitcoin, because if you always pay attention to the price of Bitcoin, then you may get greedy because of the dividends of your benefits and you may give up your holdings. Therefore, it is best to plan to only hold Bitcoin for the long term and plan to buy Bitcoin, and adopt strategies on how to hold Bitcoin for the long term, then the investment will be able to be held for a long time.
And the more the amount of discretionary income increases, the more Bitcoin investment can be held for the long term and the amount of holding will be increased.

We have enacted a law that states that price will be a deterrent to purchases and holdings; nevertheless, if you intend to hold, you have nothing to do with the price. Instead of worrying about the price, people should start thinking of other ways to improve their investment plans. Since the goal is to hold for a long time, the price shouldn't be the deciding factor. All of this is due to people's lack of knowledge and difficulty making purchases, and there are many things that people need to know before they begin investing. They also need to have the right ideas. When you use the DCA method, you intend to hold for a very long time let's say five to ten years—which is what a long-term investment means. This is why DCA is a good fit for that type of plan because you can do that for accumulation for a very long time. That is what the whole idea is about. Accumulate and hold for a very long time and ideas like this are always looked down upon.

[Mandoy]

people would still blame you if anything happens even after telling them about the risk involved. They would blame you because they might believe you sweet-talk them into investing in a scam project if their investment wasn't go as planned. Whether they knew the risk and still go ahead with the investment, so far, you were the one who brought them in,they might still hold you accountable. Simply because you told them about the pros and cons, wouldn't  prevent them from blaming you or holding you accountable especially if they invested income they couldn't afford losing.

It is important to let them know there is no guarantee of making a profit in investing in Bitcoin, and of course there is no guarantee because any person can change their mind or make decisions that will affect the outcome, and still put the blame on you. It is good to be clear in your explanation when trying to help someone understand Bitcoin.

Despite there being no guarantee in making a profit from Bitcoin investment, profits can still be made by anyone who understands it well and invests with a clear mindset. However, if the target is to make money quickly or within a specific timeframe, it is possible that you may not even get what you want from Bitcoin because it is unpredictable, and you can only make a profit by holding to see when there is a better increase in the market.

I also share the concern in this case since this is one of the most frequent problems in introducing Bitcoin to friends or family. People usually are interested in the possible positive only when you clearly define the dangers. When something goes wrong the emotion comes into play and the individual who brought the idea to come out is easily blamed.
That is why it is necessary not to offer Bitcoin as the sure way to become profitable or a chance to make a profit in the short term. Bitcoin punishes impatience, indiscipline and misconception. Anyone attracted into the market with money that they can ill afford to lose or with hopes of fast returns is already on the wrong track. Before discussing price or profit, it should be explained how people become volatile, hold on interest and personal responsibility. It is all personal in investment decisions at the end of the day and each and every person should own the results whether good or bad.

[MarjorieZimmermanGinger]

Never lose your holding in the hope of a small amount of profit. Later, when the price of Bitcoin increases, you will regret it. To make the investment sustainable, you should also pay attention to your discretionary income. And you should hold Bitcoin for a long time. If you invest for 4-10 years, and if you have a reasonable income, you will not be greedy, and no recession will touch you. If you compare the equations, you will not sell your holdings.

If we understand that investing in Bitcoin has more potential in the long term, then someone must have a plan for its implementation. Conversely, when applying discretionary income to Bitcoin investments, assuming all the requirements have been well prepared, this discretionary income can automatically be allocated to buying Bitcoin in a well-planned manner. The reason many people don't sell Bitcoin before reaching target because they understand the percentage profit they can earn compared to taking the approach of selling a certain amount for short-term gains, Bitcoin is also recession-resistant and able to maintain its value, so holding it long-term can actually provide much greater profits.

[avp2306]

people would still blame you if anything happens even after telling them about the risk involved. They would blame you because they might believe you sweet-talk them into investing in a scam project if their investment wasn't go as planned. Whether they knew the risk and still go ahead with the investment, so far, you were the one who brought them in,they might still hold you accountable. Simply because you told them about the pros and cons, wouldn't  prevent them from blaming you or holding you accountable especially if they invested income they couldn't afford losing.

It is important to let them know there is no guarantee of making a profit in investing in Bitcoin, and of course there is no guarantee because any person can change their mind or make decisions that will affect the outcome, and still put the blame on you. It is good to be clear in your explanation when trying to help someone understand Bitcoin.

Despite there being no guarantee in making a profit from Bitcoin investment, profits can still be made by anyone who understands it well and invests with a clear mindset. However, if the target is to make money quickly or within a specific timeframe, it is possible that you may not even get what you want from Bitcoin because it is unpredictable, and you can only make a profit by holding to see when there is a better increase in the market.

I also share the concern in this case since this is one of the most frequent problems in introducing Bitcoin to friends or family. People usually are interested in the possible positive only when you clearly define the dangers. When something goes wrong the emotion comes into play and the individual who brought the idea to come out is easily blamed.
That is why it is necessary not to offer Bitcoin as the sure way to become profitable or a chance to make a profit in the short term. Bitcoin punishes impatience, indiscipline and misconception. Anyone attracted into the market with money that they can ill afford to lose or with hopes of fast returns is already on the wrong track. Before discussing price or profit, it should be explained how people become volatile, hold on interest and personal responsibility. It is all personal in investment decisions at the end of the day and each and every person should own the results whether good or bad.

That's human nature and usually people are really more interested to see easy wins compare paying attention on the risk. That's why it ends up so bad to them because they fail to pay close attention on situations that need to avoid.

Also its not good to introduce Bitcoin that can give them guaranteed results, since their unstable emotions and market volatility can be brutal. Those people can't afford to lose might regret their decision to invest especially if they are not fully prepared. Discipline and patience is important here since getting profits on Bitcoin take s lot of time.

Also it usually punish those greedy people which have unrealistic thoughts on Bitcoin especially those looking for short term passive gains.

[UpTober]

<<<

The more discretionary income or cash income a person has in Bitcoin investment, the stronger Bitcoin investment will be able to hold. If a person wants to hold his Bitcoin investment for a long time, then he must be more careful, that is why he must form an emergency fund according to the plan in the future. And that investor can save all the additional expenses that are in his daily movement and add them to the Bitcoin emergency fund to strengthen his investment for a longer period of time.

This is part of the investor's personal self-regulation. If an investor truly desires to continue investing in Bitcoin, they will strive to increase their discretionary income for their long-term investment plan. So, things like this are actually quite well-known among established investors, although even those who are new to Bitcoin and are still adjusting their funds to their own lives may not yet realize this. Gradually, those who are still new to investing will also begin to realize this over time. I expect a small surge in the market in the near future, as Bitcoin is now approaching $90,000 again.

If you are thinking about long-term planning, it is best not to worry about the price of Bitcoin, because if you always pay attention to the price of Bitcoin, then you may get greedy because of the dividends of your benefits and you may give up your holdings. Therefore, it is best to plan to only hold Bitcoin for the long term and plan to buy Bitcoin, and adopt strategies on how to hold Bitcoin for the long term, then the investment will be able to be held for a long time.
And the more the amount of discretionary income increases, the more Bitcoin investment can be held for the long term and the amount of holding will be increased.

I would like to add one more thing here that discretionary income not only tolerates volatility but also protects against forced sales.
When an investor does not have any separate funds to spend money in an emergency and when the investor faces a lot of financial needs, the investor is forced to sell Bitcoin. However, this time becomes a valuable asset because those who can hold Bitcoin during that time are later rewarded through Bitcoin.

Bitcoin investment does not mean just buying at a good price and selling when it increases a little, but rather a long-term investment that means holding Bitcoin until the end, facing all the challenges. If an investment increases monetary (fiat) income but reduces the ability to hold Bitcoin, then it may seem successful for a while, but from a Bitcoin perspective, it is a failure. 

Ultimately, a Bitcoin investment strategy is not just about buying Bitcoin at a good price, but also about meeting all your needs while protecting your holdings and having enough patience to do it all together.

[pusaka]

Never lose your holding in the hope of a small amount of profit. Later, when the price of Bitcoin increases, you will regret it. To make the investment sustainable, you should also pay attention to your discretionary income. And you should hold Bitcoin for a long time. If you invest for 4-10 years, and if you have a reasonable income, you will not be greedy, and no recession will touch you. If you compare the equations, you will not sell your holdings.

If we understand that investing in Bitcoin has more potential in the long term, then someone must have a plan for its implementation. Conversely, when applying discretionary income to Bitcoin investments, assuming all the requirements have been well prepared, this discretionary income can automatically be allocated to buying Bitcoin in a well-planned manner. The reason many people don't sell Bitcoin before reaching target because they understand the percentage profit they can earn compared to taking the approach of selling a certain amount for short-term gains, Bitcoin is also recession-resistant and able to maintain its value, so holding it long-term can actually provide much greater profits.

Whatever we do must be with careful planning, especially if we talk about investments where we have to hold money for a long time. This will be directly related to our financial turnover, because if we fail in financial management, then we can be sure that the investment we do will fall apart.

If possible and in my opinion this should be endeavored is that we should have more than one income, that way we can allocate without fighting with our daily needs. Because what usually happens is that someone has to sell their assets to fulfill their needs.

[JayJuanGee]

Never lose your holding in the hope of a small amount of profit. Later, when the price of Bitcoin increases, you will regret it. To make the investment sustainable, you should also pay attention to your discretionary income. And you should hold Bitcoin for a long time. If you invest for 4-10 years, and if you have a reasonable income, you will not be greedy, and no recession will touch you. If you compare the equations, you will not sell your holdings.

If we understand that investing in Bitcoin has more potential in the long term, then someone must have a plan for its implementation. Conversely, when applying discretionary income to Bitcoin investments, assuming all the requirements have been well prepared, this discretionary income can automatically be allocated to buying Bitcoin in a well-planned manner. The reason many people don't sell Bitcoin before reaching target because they understand the percentage profit they can earn compared to taking the approach of selling a certain amount for short-term gains, Bitcoin is also recession-resistant and able to maintain its value, so holding it long-term can actually provide much greater profits.

Let's say that every time that bitcoin doubled in value (price) a person would take out 50% of his investment, so he takes out all of the amount that he put in, so if the bitcoin price doubles 9 times, then he ends up getting 9x the amount that he had put in.

On the other hand if the guy does not take out any (or perhaps he just takes out 5%), then he would end up having 256x the amount that he put in.  Compounding value is a powerful thing, so a guy who does not pull out all of his profits will benefit from the compounding, and guys who pull out their profits, they will still benefits, yet the size of benefits will be a much more diminished amount (see my outline of 9x compounding values from $250 to $128k).

[edited out]

I would like to add one more thing here that discretionary income not only tolerates volatility but also protects against forced sales.
When an investor does not have any separate funds to spend money in an emergency and when the investor faces a lot of financial needs, the investor is forced to sell Bitcoin. However, this time becomes a valuable asset because those who can hold Bitcoin during that time are later rewarded through Bitcoin.

Bitcoin investment does not mean just buying at a good price and selling when it increases a little, but rather a long-term investment that means holding Bitcoin until the end, facing all the challenges. If an investment increases monetary (fiat) income but reduces the ability to hold Bitcoin, then it may seem successful for a while, but from a Bitcoin perspective, it is a failure. 

Ultimately, a Bitcoin investment strategy is not just about buying Bitcoin at a good price, but also about meeting all your needs while protecting your holdings and having enough patience to do it all together.

You say a lot of smart general things, yet how can we apply those smart general ideas in real world applications?

You have been registered on the forum for more than 2 years, yet you only have 9 posts. 

Have you started your own bitcoin accumulation journey, yet?  Maybe you can describe what you are personally doing to establish a bitcoin position (you don't have to give away personal particulars).  Also what are you doing to protect your bitcoin position so it can be an investment rather than either a trade or something that you have to sell due to poor cashflow management.

Never lose your holding in the hope of a small amount of profit. Later, when the price of Bitcoin increases, you will regret it. To make the investment sustainable, you should also pay attention to your discretionary income. And you should hold Bitcoin for a long time. If you invest for 4-10 years, and if you have a reasonable income, you will not be greedy, and no recession will touch you. If you compare the equations, you will not sell your holdings.

If we understand that investing in Bitcoin has more potential in the long term, then someone must have a plan for its implementation. Conversely, when applying discretionary income to Bitcoin investments, assuming all the requirements have been well prepared, this discretionary income can automatically be allocated to buying Bitcoin in a well-planned manner. The reason many people don't sell Bitcoin before reaching target because they understand the percentage profit they can earn compared to taking the approach of selling a certain amount for short-term gains, Bitcoin is also recession-resistant and able to maintain its value, so holding it long-term can actually provide much greater profits.

Whatever we do must be with careful planning, especially if we talk about investments where we have to hold money for a long time. This will be directly related to our financial turnover, because if we fail in financial management, then we can be sure that the investment we do will fall apart.

If possible and in my opinion this should be endeavored is that we should have more than one income, that way we can allocate without fighting with our daily needs. Because what usually happens is that someone has to sell their assets to fulfill their needs.

I am not against the idea of increasing your income by getting another job in order to give yourself more cushion so that you do not have to dip into your bitcoin investment at a time that is not of your own choosing, yet is a second job going to be enough to protect you? You have been registered here since 2015 pusaka. Have you been able to accumulate bitcoin during that time?

Of course, I am not completely sure if merely getting another job is enough, even though extra income gives more cushion, yet even guys who are able to figure out ways to consistently invest 10% of their income, it will likely take them 10 years or more just to get to one year's income invested into bitcoin, and surely if you can speed up that process, so that you are investing 25% of your income, then you would get one year of your income invested in bitcoin in merely 4 years.. but you still have to have back up funds. You cannot just increase your income and put it all into bitcoin, and the back up funds will help with the various ups and the downs, and maybe you even need 2-3 months or your expenses in cash in the event that your income dries up and/or your expenses go up... but if you deplete your back up funds, then you ONLY have your bitcoin remaining to tap into, so sure there are needs to keep some protection from tapping into your bitcoin so that you can perhaps hold them for 4-10 years or longer.

[UpTober]

You have been registered on the forum for more than 2 years, yet you only have 9 posts.

I was outside the forum, but I wasn't outside investing in Bitcoin. I'm now trying to share what I've done outside the forum on the forum.

Have you started your own bitcoin accumulation journey, yet?  Maybe you can describe what you are personally doing to establish a bitcoin position (you don't have to give away personal particulars).

First of all, I will answer your question that why there are only nine posts in the account after opening the account two years ago. I just completed my graduation and in the last 3 semesters I had a lot of pressure of studies and I used to do enough tuition to find time due to which I could not be very active here. Now the question is what I did for investment outside the forum or how I invested. Even though my expenses were fairly covered by tuition, I still tried to reduce my expenses and tried to save money because if I did not save money, I would not have invested. That is why I used to set aside as much money as possible at the end of the month and try to buy Bitcoin weekly with a certain amount.

I have a bigger goal ahead of me, since I have completed my graduation, now I am trying to find a good quality job, if I get a good quality job, then I will be more serious about my investment and then I hope to be able to invest in Bitcoin with a larger amount.

Also what are you doing to protect your bitcoin position so it can be an investment rather than either a trade or something that you have to sell due to poor cashflow management.

I know the need for an emergency fund but as I mentioned earlier, I used to do tuition along with my studies and the amount I got from tuition would cover my expenses and still I would reduce my expenses and buy Bitcoin with the remaining money. So far I have not had any such need due to which I had to sell Bitcoin to meet that need. However, I am cautious about this because there is no guarantee that I will not need it in the future, that is why I am looking for a good job so that I can increase the amount of investment as well as create multiple emergency funds and have a savings of my own so that I can meet any kind of financial need without selling Bitcoin.
Thank you.