JJG’s Outline of Bitcoin Investment Ideas

[cocadalcan]

I have trouble understanding what the purpose of analyzing the availability of other investments, as if we were easily distracted into wanting to dilute our bitcoin investment into some inferior places?

I'm only referring to the wealth you accumulate as a result of long term Bitcoin accumulation. Not some garbage called shitcoin. I only mentioned the availability of investment to explain Bitcoin holdings.

Sure, guys might come to bitcoin while already having various other investments, and other guys might come to bitcoin, and they don't have any other investments, so their only two asset classes are largely bitcoin and cash.  Are you suggesting that those guys who ONLY have bitcoin and cash should be analyzing the availability of other investments?   For what purpose?  To grow or to protect their investment?

The mathematical analysis is simply about analyzing the availability of a reasonable amount of funds you have available, the funds that come from discretionary income. The investment goal should be to secure Bitcoin holdings and continue to accumulate steadily over the long term which is for Bitcoin to grow. Balancing the equation between cash flow and Bitcoin accumulation.

Have these guys already sufficiently built up their cash reserves?  How is their bitcoin stash growing?  from their income or did they reallocate from other investments into bitcoin?

When taking the amount of cash reserve, we should come from discretionary funds I did not take a stand in favor of buying Bitcoin with funds kept for family because it is like playing a risky gamble and there may be a withdrawal situation for some reason. Nor am I stingy in giving importance to family. I slowed down my Bitcoin accumulating during the initial investment phase while building a cash reserve but maintained a weekly consistency. I increased the pace of Bitcoin accumulation as well, while continuing to grow the size of the reserve fund naturally.

How about you cocadalcan?  You have been registered here on the forum for two years (congratulations)?  Have you built your bitcoin stash during that time, or have you been wasting your time analyzing the availability of other investments in the past couple of years?  Have you figure out your bitcoin investment approach first, prior to getting distracted?  Have you made any progress in the past two years?

I personally run a small business and make a fairly good living but I can't spend much time on the forum due to the pressure of paying family bills. I freely admit that I have wasted a significant amount of my time in shitcoin. and as well as my available fund. The forum has taught me how to make Bitcoin investments more long-term through discretionary income. And I am grateful for that.

[alankasman]

Level of aggressiveness is measured based on discretionary income - not regular income.  Do you need an example?  Or maybe you need to explain why we would use regular income to figure out our level of aggressiveness?

This is quite true because both of these terms have their own meanings. Acting aggressively means using only the income we have freely. For someone to act in such a way is certainly a free way in terms of doing it in any way or at any time without disturbing their savings. Using these savings would certainly be a significant mistake for someone because these funds are not free funds that we can solely use. Savings are only used when we are in difficult times that befall us with various problems so the mechanism for using them is certainly different.

The saved funds are our assets that we already have so when someone wants to invest aggressively of course they do it with discretionary income meaning free funds without any ownership so their goal in doing it in a very aggressive way is to add to the number of assets they must have in the future so for them why they often do it using discretionary funds because these funds are for them to make as their capital in investing only to add to the saved funds because as I said above are saved funds as their assets for someone's future in achieving results with the aim of continuing to add to their assets even though they do it in the long term but what they want is the results of the investment that makes them increasingly add to the assets which are of course in ownership.

[cyberninja2]

Of course, a newbie cannot be aggressive in his bitcoin purchase because he has to build up his emergency funds and other backup funds in place first before he can start buying aggressively because it's the size of your discretionary income and emergency funds that will determine your level of aggressiveness.

This is the main point you said because for beginners must prepare everything for the interests in starting so that when the purchase occurs of course they still have funds to spend this is to be aware of things that are not appropriate for them to experience but apart from that I think in the future it will no longer be difficult for beginners because the thing about habituation will be something they have experienced in purchasing Bitcoin whether aggressively or in a normal way because if they do not do as we discussed here they make Bitcoin purchases only temporarily because the reason is that they have not been able to determine the level that is normalized to collect emergency funds which is the main point for them so I am more confident to do it first before making a Bitcoin purchase that may be too aggressive and this also does not mean it is impossible but do it according to the procedure in carrying out Bitcoin purchases in stages.

[sotelorene]

I agree with you but to some point or some level it is not good to be aggressive especially when someone is new in Bitcoin investment, they need to be careful and invest gradually using the DCA method which is mostly preferable for beginners and the reason why newbie or beginners should not be aggressive is because they are still fragile and as the name implies "newbie" they are still new so it won't be wise to be aggressive as they can easily make mistakes but as for old folks being aggressive is not wrong provided it is coming from one's discretionary.

Of course, a newbie cannot be aggressive in his bitcoin purchase because he has to build up his emergency funds and other backup funds in place first before he can start buying aggressively because it's the size of your discretionary income and emergency funds that will determine your level of aggressiveness.

However, a newbie who is new into bitcoin but has othe assets and not new into investing. For instance, a rich guy. He can choose to buy aggressive because he already has some business/asset on ground that can serve as his emergency funds making it easy for him to invest aggressively based on the size of his discretionary income.

Your words are not false. Rather, I think that the criterion for being aggressive in investing is not the amount of wealth, but the regular income flow and the stability of that income. Those who have strong cash flow and are mentally prepared to hold it for the long-term can allocate relatively more. On the other hand, for new investors, a slow, disciplined and risk management based strategy is more sustainable.

I have a question in mind. If a wealthy investor also pours a large part of his total assets into Bitcoin at once, won't a major market correction create mental and financial pressure?

Your first paragraph was really great but the last one is what I don't quite like because it can cause a lot of problem to newbie if not assimilate correctly, first I will want to answer your question with question which is " why would someone invest a large amount or large percentage of his or her asset into Bitcoin? Have you forgotten we are to only invest with our discretionary income which is leftovers? Well off cause if someone does that, they will surely panic or even sell at loss because it is not what they can afford to lose I mean it is not from their discretionary and it's not safe and wise to do that because it is gambling in other words.

[Saltysugar99]

This is the main point you said because for beginners must prepare everything for the interests in starting so that when the purchase occurs of course they still have funds to spend this is to be aware of things that are not appropriate for them to experience but apart from that I think in the future it will no longer be difficult for beginners because the thing about habituation will be something they have experienced in purchasing Bitcoin whether aggressively or in a normal way because if they do not do as we discussed here they make Bitcoin purchases only temporarily because the reason is that they have not been able to determine the level that is normalized to collect emergency funds which is the main point for them so I am more confident to do it first before making a Bitcoin purchase that may be too aggressive and this also does not mean it is impossible but do it according to the procedure in carrying out Bitcoin purchases in stages.

You yourself do not understand when to create an emergency fund, what is aggressive investing, and how to build a habit of accumulating Bitcoin.

If you have a discretionary income, then it is more important for you to start investing first. In addition to investing, you will create a backup fund. If you first finish creating an emergency fund and then think about investing in Bitcoin, years will pass but the habit will not formed, the investment will not be started also the opportunity is lost.

To build an investment habit, start investing with as little amount as possible from discretionary income, even if it is just for learning. Be it $10 or $20 once a week or $50 or $100 once a month, which is something that you can do consistently without any financial or mental stress.

And aggressiveness in investing means how much of your discretionary income you are investing. After starting, as time goes by, as one learns about Bitcoin, understands it, and increases their skills, they can invest as aggressively as they want. This will depend on how strong the person's discretionary cash flow is and how much they feel comfortable investing without feeling pressured.

[Bitcoin_Budha]

I agree with you but to some point or some level it is not good to be aggressive especially when someone is new in Bitcoin investment, they need to be careful and invest gradually using the DCA method which is mostly preferable for beginners and the reason why newbie or beginners should not be aggressive is because they are still fragile and as the name implies "newbie" they are still new so it won't be wise to be aggressive as they can easily make mistakes but as for old folks being aggressive is not wrong provided it is coming from one's discretionary.

Of course, a newbie cannot be aggressive in his bitcoin purchase because he has to build up his emergency funds and other backup funds in place first before he can start buying aggressively because it's the size of your discretionary income and emergency funds that will determine your level of aggressiveness.

However, a newbie who is new into bitcoin but has othe assets and not new into investing. For instance, a rich guy. He can choose to buy aggressive because he already has some business/asset on ground that can serve as his emergency funds making it easy for him to invest aggressively based on the size of his discretionary income.

Your words are not false. Rather, I think that the criterion for being aggressive in investing is not the amount of wealth, but the regular income flow and the stability of that income. Those who have strong cash flow and are mentally prepared to hold it for the long-term can allocate relatively more. On the other hand, for new investors, a slow, disciplined and risk management based strategy is more sustainable.

I have a question in mind. If a wealthy investor also pours a large part of his total assets into Bitcoin at once, won't a major market correction create mental and financial pressure?

Your first paragraph was really great but the last one is what I don't quite like because it can cause a lot of problem to newbie if not assimilate correctly, first I will want to answer your question with question which is " why would someone invest a large amount or large percentage of his or her asset into Bitcoin? Have you forgotten we are to only invest with our discretionary income which is leftovers? Well off cause if someone does that, they will surely panic or even sell at loss because it is not what they can afford to lose I mean it is not from their discretionary and it's not safe and wise to do that because it is gambling in other words.

Investment always needed significant awareness about consequences in any way while Bitcoin is volatile its also needed precautious never do anything in hurry or without having enough information about this because this can ruin anyone life recent decrease in price is also big lesson for those are looking for investment this can go either way.
I am here on this forum just 2 months, but I am studying this for nearly one year and now having some investment on this price because I am feeling good and lucky to have this price but still I have done all enough work to handle any situation because It's still not clear about how things works I always talk with my friends and talk them about safety first because without this it's always can go worst for anyone.

Everyone needs to check his all aspects and also done enough work before investment because doing emotionally never works while can increase problems in life.

[abaeze]

I have a question in mind. If a wealthy investor also pours a large part of his total assets into Bitcoin at once, won't a major market correction create mental and financial pressure?

Investment strategies sometimes change in the case of the rich and the poor, but if the plan is wrong, the loss is greater for the rich than for the common people. The rich may be able to absorb the loss, but for the poor, it becomes very difficult and they do not invest again later. In reality, in such a situation, both mental stress and financial risk are created very much, whether it is a rich or a common investor.

Since we are human, a big market correction affects all classes of investors mentally. Suppose someone invested 1 million dollars and the market fell by 50%, then negative things start coming to the investor's mind and at such a time many rich people panic sell and get out at a loss. As a result, the pressure also increases when the investment is large.

[Finebone]

I have a question in mind. If a wealthy investor also pours a large part of his total assets into Bitcoin at once, won't a major market correction create mental and financial pressure?

That is a higher level of craziness, or unwise things to do, and it's an action that I will always discourage, because it's not advisable to invest in bitcoin with an amount you can't let go. Because in a situation like that, if anything happens to his bitcoin investment, he might even contemplate suicide, so it's not a wise decision to take.
Furthermore, by taking such an action the said investor will always panic anytime their is a correction or dip in the market, but if he actually invested from his discretionary income, he wouldn't panic or go crazy if his investment did not work out as he expected it later on.

[Gost ms]

I have a question in mind. If a wealthy investor also pours a large part of his total assets into Bitcoin at once, won't a major market correction create mental and financial pressure?

At present, the Bitcoin market has become relatively large. If we talk about the future, the market is still in its initial stage. If a person buys a large amount of Bitcoin at once, then the market may go up, such as 1 million Bitcoin or 0.5 million, if a person buys Bitcoin at once, then there may be pressure in the market. Because the Bitcoin market is no longer in the situation of 2016 or 2018, if a person had bought Bitcoin in large quantities at that time, there would have been a lot of pressure. Now, a lot of money is needed to create a big pressure.

However, it will not be the right decision for every person to invest so much money at once. A person needs to invest within proper financial management. Whenever a person invests without proper financial management, he continues to try to bring danger.

[Sim_card]

I have a question in mind. If a wealthy investor also pours a large part of his total assets into Bitcoin at once, won't a major market correction create mental and financial pressure?

I believe that before a rich man will diversify majorly from his other assets into bitcoin means that he wants to preserve his wealth in bitcoin and most have studied about bitcoin and has confidence that bitcoin value increases overtime.

 Therefore, he is aware of the bear market and the bull run and the volatile nature of bitcoin. Therefore, a major market correction shouldn't create a mental and financial pressure on him since he's hodling for long term and understands how bitcoin investment works and did not sell a dime. It's when the rich guy doesn't understand how bitcoin works that can lead to panic and mental and mental stress.

[Brizi5000]

Of course, a newbie cannot be aggressive in his bitcoin purchase because he has to build up his emergency funds and other backup funds in place first before he can start buying aggressively because it's the size of your discretionary income and emergency funds that will determine your level of aggressiveness.

This is the main point you said because for beginners must prepare everything for the interests in starting so that when the purchase occurs of course they still have funds to spend this is to be aware of things that are not appropriate for them to experience but apart from that I think in the future it will no longer be difficult for beginners because the thing about habituation will be something they have experienced in purchasing Bitcoin whether aggressively or in a normal way because if they do not do as we discussed here they make Bitcoin purchases only temporarily because the reason is that they have not been able to determine the level that is normalized to collect emergency funds which is the main point for them so I am more confident to do it first before making a Bitcoin purchase that may be too aggressive and this also does not mean it is impossible but do it according to the procedure in carrying out Bitcoin purchases in stages.

a beginner must not wait to prepare everything before starting to buy and invest in bitcoin. it is advisable we should just start buying bitcoin once we have our discretionary income ready. not preparing everything including the emergency funds and other back up funds shouldnt be a reason why we shouold not start to buy and invest in bitcoin if we can be able to get a discretionary income to use and start. do you even know that we need at least 3-4 months of our daily expenses for emergency funds and this is not something most individuals can be able to gather within a short period of time which means that it will take lots of time to build this together and waiting to build this and every other thing before starting to buy and invest in bitcoin is probably going to waste time and cost us missing out on several buying chances where we could have been able to use and accumulate some good amount of bitcoin to our portfolio. in conclusion i think its advisable to start buying bitcoin the moment we are able to get a discretionary income and along the line we can be able to build our emergency funds and other back up funds alongside while we are buying and investing bitcoin.

[JayJuanGee]

I have trouble understanding what the purpose of analyzing the availability of other investments, as if we were easily distracted into wanting to dilute our bitcoin investment into some inferior places?

I'm only referring to the wealth you accumulate as a result of long term Bitcoin accumulation. Not some garbage called shitcoin. I only mentioned the availability of investment to explain Bitcoin holdings.

Ok.  Fair enough, yet your earlier reference seemed to suggest that analyzing the available investments was ongoingly important without accounting for what stage a person might be in his bitcoin investment journey... and for sure, there are differences regarding where guys are at, including considerations of where a guy might be at when he first comes to bitcoin.  So, I was not even necessarily referring to shitcoins, when I was suggesting that it may well be problematic for guys to consider that there would be some importance in "analyzing available investments."

I will admit that number 4 of the 9 individual investment factors does mention the consideration of bitcoin as compared with other places that value could be placed, yet at the same time, I frequently emphasize that beginner bitcoiners (and especially beginners to investment) may well be quite well suited towards investing only in bitcoin and buiding up their cashflow management systems/practices (and back up funds) prior to diluting their time, energy and/or value into other places.. and of course, these are individual choices that may well be affected by where any newbie (to bitcoin) might be at in terms of of the other 8 out of the 9 individual factors.

In any event, I responded to you based on my perception of your mentioning analyzing available investments in terms of my perception that you were giving too much emphasis in regards to the importance of such at thing, without giving context.

Sure, guys might come to bitcoin while already having various other investments, and other guys might come to bitcoin, and they don't have any other investments, so their only two asset classes are largely bitcoin and cash.  Are you suggesting that those guys who ONLY have bitcoin and cash should be analyzing the availability of other investments?   For what purpose?  To grow or to protect their investment?

The mathematical analysis is simply about analyzing the availability of a reasonable amount of funds you have available, the funds that come from discretionary income. The investment goal should be to secure Bitcoin holdings and continue to accumulate steadily over the long term which is for Bitcoin to grow. Balancing the equation between cash flow and Bitcoin accumulation.

Maybe you can give an example, since I really am not sure what you are talking about.  Surely there are guys who come to bitcoin, and they hardly have any other investments, so then they are relying only upon their discretionary income to start to build up their bitcoin holdings and also to make sure that they have sufficient back up funds in place, and from my perspective, it seems that there is an importance of getting these two matters in sufficient order before getting distracted into potential other assets, even though surely there could be some guys who have relatively high discretionary income levels who are able to cover their bitcoin investment allotment, their back up funds and they also have sufficient funds available to potentially put some time, energy and value into something else, yet I think that guys with extra time, energy and value are likely not very common, and so in that regard, from my perspective, there seems to be quit a bit value in emphasizing bitcoin first prior to potentially getting distracted and/or diluting time, energy and value into various likely to be inferior locations.

Have these guys already sufficiently built up their cash reserves?  How is their bitcoin stash growing?  from their income or did they reallocate from other investments into bitcoin?

When taking the amount of cash reserve, we should come from discretionary funds I did not take a stand in favor of buying Bitcoin with funds kept for family because it is like playing a risky gamble and there may be a withdrawal situation for some reason. Nor am I stingy in giving importance to family. I slowed down my Bitcoin accumulating during the initial investment phase while building a cash reserve but maintained a weekly consistency. I increased the pace of Bitcoin accumulation as well, while continuing to grow the size of the reserve fund naturally.

Well, if we go by your forum registration date, then maybe you have been investing into bitcoin and perhaps building up your various back up funds for a couple of years.  Congratulations.  You reach your 2 year forum registration anniversary on the 19th.

Anyhow, sure, I understand that as you are likely in your early stages of building your bitcoin holdings and/or building up your back up funds, your own progress in each of those areas (as well as other life/expense balances that you attempt to strike), then surely you may well be making various adjustments along the way and also learning from how much you might want to put and/or keep in each area.  There are always going to be competing interests, and sometimes we will maintain extra cash on hand to account for some expenses that might come up spontaneously, while at the same time, we might question whether we are investing into bitcoin aggressively enough or if we might be too whimpy in our allocation amounts (whether weekly or otherwise).   There is likely no one exact correct answer, including that even you might make some adjustments that you believe are putting you in a better balance, yet several months down the road, you might come to realize that you need to go back to your earlier allocation levels.

How about you cocadalcan?  You have been registered here on the forum for two years (congratulations)?  Have you built your bitcoin stash during that time, or have you been wasting your time analyzing the availability of other investments in the past couple of years?  Have you figure out your bitcoin investment approach first, prior to getting distracted?  Have you made any progress in the past two years?

I personally run a small business and make a fairly good living but I can't spend much time on the forum due to the pressure of paying family bills. I freely admit that I have wasted a significant amount of my time in shitcoin. and as well as my available fund. The forum has taught me how to make Bitcoin investments more long-term through discretionary income. And I am grateful for that.

Frequently there can be cashflow inconsistencies in relation towards having a personal business, whether we are referring to income and/or expenses, and surely any of us who are able to make enough money to have funds to be able to invest will likely feel some fortune, since there are so many folks who struggle to earn enough so that they have discretionary funds that remain after covering all of their monthly expenses.  Surely, at the same time, we may well want to make sure that we are also preparing for our future, since there may be a time in the future in which our income from our business (or other places that we might be able to get income) might dry up.

[edited out]

Investment always needed significant awareness about consequences in any way while Bitcoin is volatile its also needed precautious never do anything in hurry or without having enough information about this because this can ruin anyone life recent decrease in price is also big lesson for those are looking for investment this can go either way.
I am here on this forum just 2 months, but I am studying this for nearly one year and now having some investment on this price because I am feeling good and lucky to have this price but still I have done all enough work to handle any situation because It's still not clear about how things works I always talk with my friends and talk them about safety first because without this it's always can go worst for anyone.

Everyone needs to check his all aspects and also done enough work before investment because doing emotionally never works while can increase problems in life.

Your suggestion to do work before investing comes off as a bit strange.  How much work are you expecting that guys do before they get started investing in bitcoin?  Do you know what thread you are in, and have you read any of the posts of this thread (especially my posts?)? 

Maybe you can attempt to relate your ideas about investing into bitcoin to my ideas about investing into bitcoin, since my ideas of investing into bitcoin happens to be the topic of this thread.

[Olatundespo]

Your words are not false. Rather, I think that the criterion for being aggressive in investing is not the amount of wealth, but the regular income flow and the stability of that income. Those who have strong cash flow and are mentally prepared to hold it for the long-term can allocate relatively more. On the other hand, for new investors, a slow, disciplined and risk management based strategy is more sustainable.

I have a question in mind. If a wealthy investor also pours a large part of his total assets into Bitcoin at once, won't a major market correction create mental and financial pressure?

If you don't need that available asset very soon like in four years there's nothing wrong with that. Make sure you have a floating fund. You have a consistent source of income available and also make sure to keep depositing Bitcoins every week using a DCA strategy. You can definitely reach a good level by allocating a large portion of your total assets to a Bitcoin portfolio and depositing Bitcoins through discretionary income.

The first paragraph itself answers most of the questions you mentioned in the second paragraph. Be disciplined in your Bitcoin accumulating and consistently even if in small amounts. It is important to sustain cash flow and have an emergency fund to remain risk tolerant.

[alankasman]

If you don't need that available asset very soon like in four years there's nothing wrong with that. Make sure you have a floating fund. You have a consistent source of income available and also make sure to keep depositing Bitcoins every week using a DCA strategy. You can definitely reach a good level by allocating a large portion of your total assets to a Bitcoin portfolio and depositing Bitcoins through discretionary income.

There's no problem if you have the funds you mentioned because without those two things it will certainly be even more difficult. In a time like four years we have to do what we can to meet our daily needs while living sometimes with a family.

It is certain for someone to deposit Bitcoin if they have a consistent income because it is a reminder for each person when they return to difficult situations of course with something we do to deposit Bitcoin when there is income of course, when the situation is difficult again of course what we have saved is a tool to save us when our position returns to a difficult direction so now with a stable income whether daily monthly or yearly we need to think about how much we can make adjustments meaning 50 percent for us to spend and 50 percent for us to save for the future whether saving by buying Bitcoin or other things that might become our assets when our position no longer has a stable income.

[iamsange]

I believe that before a rich man will diversify majorly from his other assets into bitcoin means that he wants to preserve his wealth in bitcoin and most have studied about bitcoin and has confidence that bitcoin value increases overtime.

I think it's natural to verify what they're doing especially regarding maintaining wealth. Sometimes someone already has a significant amount of assets but their assets aren't stored in Bitcoin but in other assets that are equally profitable for them. When considering Bitcoin they often feel they don't fully understand the importance of owning Bitcoin. Therefore verifying is a natural step to anticipate their wealth. They want to preserve their wealth after investing heavily in Bitcoin. Although their goals are different in terms of maintaining their assets they still adhere to the same basic principle of allocating their funds to Bitcoin investments to achieve profits from their large assets.

[cyberninja2]

Frequently there can be cashflow inconsistencies in relation towards having a personal business, whether we are referring to income and/or expenses, and surely any of us who are able to make enough money to have funds to be able to invest will likely feel some fortune, since there are so many folks who struggle to earn enough so that they have discretionary funds that remain after covering all of their monthly expenses.  Surely, at the same time, we may well want to make sure that we are also preparing for our future, since there may be a time in the future in which our income from our business (or other places that we might be able to get income) might dry up.

This does happen as is the benchmark between income and expenses because the reason is that we have sufficient income but cannot maintain it to invest for the future. This is because our spending management procedures may not be optimal. It's quite natural that we won't have funds saved for future investments.
Having additional funds may be one of the ways we invest in the future because if we hope for the income we have, it is certainly not enough because the income we have is sufficient for the needs to be spent so that is the reason why many people cannot invest for the future because things like that happen so that someone still has to have additional funds meaning we have to have a job that we designate as an alternative job for us and if that happens I think maybe everyone will invest in the future for each of them.

[JayJuanGee]

Frequently there can be cashflow inconsistencies in relation towards having a personal business, whether we are referring to income and/or expenses, and surely any of us who are able to make enough money to have funds to be able to invest will likely feel some fortune, since there are so many folks who struggle to earn enough so that they have discretionary funds that remain after covering all of their monthly expenses.  Surely, at the same time, we may well want to make sure that we are also preparing for our future, since there may be a time in the future in which our income from our business (or other places that we might be able to get income) might dry up.

This does happen as is the benchmark between income and expenses because the reason is that we have sufficient income but cannot maintain it to invest for the future. This is because our spending management procedures may not be optimal. It's quite natural that we won't have funds saved for future investments.
Having additional funds may be one of the ways we invest in the future because if we hope for the income we have, it is certainly not enough because the income we have is sufficient for the needs to be spent so that is the reason why many people cannot invest for the future because things like that happen so that someone still has to have additional funds meaning we have to have a job that we designate as an alternative job for us and if that happens I think maybe everyone will invest in the future for each of them.

You seem to be overly generalizing.

Of course, there are guys who are more challenged in regards to their abilities to consistently earn enough to have discretionary funds and even a quantity of discretionary funds that are sufficiently enough so that they feel comfortable locking some of it away for 4-10 years or longer into bitcoin.

So of course if many  of the frivolous expenses have been cut, then the principle other options would relate to trying to figure out ways to increase income, whether it is getting additional work or getting promoted, or sometimes even figuring out if there might be ways to increase skills or improve social connections so that higher paying positions might become available.

And, yeah, if guys cannot figure out ways to consistently produce discretionary income, then they may well have difficulties in both building their bitcoin holdings and also maintaining extra cash such as back up funds to protect them from having to dip into their bitcoin at a time that is not of their choosing.

And so frequently we talk about getting started investing in bitcoin, yet there surely can be some problems if after getting started the investor wannabe guy cannot figure out ways to ongoingly earn enough income to cover all of his expenses so that he has extra and is able to both continue to build his bitcoin stash and his back up funds and also to try to figure out ways to keep buffers in place so that he will be able to continue to invest (and at least hold) his bitcoin for 4-10 years or longer... and I also frequently suggest that guys should be attempting to hold their bitcoin for 10 years or longer, unless they have age and/or health issues that might end up causing them inabilities to commit to investing in bitcoin 10 years or longer.

Alternatively, some guys might be able to frontload their bitcoin investment so that they end up reaching overaccumulation status in a period of time that is less than 10 years.. but yeah, of course, being able to overinvest are good problems to have, and not as many guys are capable of engaging in such overinvestment activities so that they reach overaccumulation status sooner than what most normal people need to take.

[Mandoy]

Your words are not false. Rather, I think that the criterion for being aggressive in investing is not the amount of wealth, but the regular income flow and the stability of that income. Those who have strong cash flow and are mentally prepared to hold it for the long-term can allocate relatively more. On the other hand, for new investors, a slow, disciplined and risk management based strategy is more sustainable.

I have a question in mind. If a wealthy investor also pours a large part of his total assets into Bitcoin at once, won't a major market correction create mental and financial pressure?

If you don't need that available asset very soon like in four years there's nothing wrong with that. Make sure you have a floating fund. You have a consistent source of income available and also make sure to keep depositing Bitcoins every week using a DCA strategy. You can definitely reach a good level by allocating a large portion of your total assets to a Bitcoin portfolio and depositing Bitcoins through discretionary income.

The first paragraph itself answers most of the questions you mentioned in the second paragraph. Be disciplined in your Bitcoin accumulating and consistently even if in small amounts. It is important to sustain cash flow and have an emergency fund to remain risk tolerant.

I do not disagree with the arguments presented here. Risk management and discipline play a vital role in the investment of Bitcoins. Financial pressure may be experienced by even the wealthy investors who can commit a substantial amount at the same time particularly in market corrections. That is why it is better to keep the cash flow constant and to have an emergency fund. Buying Bitcoin in small increments in a DCA plan is always a good way to deal with volatility and increase your portfolio over time. To new investors, cautious, disciplined, and slow measures are more likely to sustain rather than aggressive allocations. Conservatism in the long term is always rewarded.

[Tongley]

Frequently there can be cashflow inconsistencies in relation towards having a personal business, whether we are referring to income and/or expenses, and surely any of us who are able to make enough money to have funds to be able to invest will likely feel some fortune, since there are so many folks who struggle to earn enough so that they have discretionary funds that remain after covering all of their monthly expenses.  Surely, at the same time, we may well want to make sure that we are also preparing for our future, since there may be a time in the future in which our income from our business (or other places that we might be able to get income) might dry up.

This does happen as is the benchmark between income and expenses because the reason is that we have sufficient income but cannot maintain it to invest for the future. This is because our spending management procedures may not be optimal. It's quite natural that we won't have funds saved for future investments.
Having additional funds may be one of the ways we invest in the future because if we hope for the income we have, it is certainly not enough because the income we have is sufficient for the needs to be spent so that is the reason why many people cannot invest for the future because things like that happen so that someone still has to have additional funds meaning we have to have a job that we designate as an alternative job for us and if that happens I think maybe everyone will invest in the future for each of them.

We need to manage our finances properly. We need to reduce our expenses and through financial management, we need to continue to generate discretionary income and invest. If you are involved in your excess spending, spending extra money at restaurants, drinking alcohol, or any other type of bad activity, then you should avoid the place where you spend a lot of money. When you are able to reduce your excess spending, you will be able to consistently find discretionary income and will also be able to continue investing continuously and will be able to build your fund.

if we hope for the income we have, it is certainly not enough because the income we have is sufficient for the needs to be spent so that is the reason why many people

I don't know what your monthly or weekly income is. But if a person with a very low income is able to manage his finances properly and is able to reduce his expenses, then he will be able to build a fund very easily and continue to invest in a balanced way. It does not require a lot of money to invest. Investing requires willpower and discretionary income and basic knowledge about Bitcoin.

[Bigjoe33]

 so now with a stable income whether daily monthly or yearly we need to think about how much we can make adjustments meaning 50 percent for us to spend and 50 percent for us to save for the future whether saving by buying Bitcoin or other things that might become our assets when our position no longer has a stable income.

I don't think it's right for us to sharing our income into 2 equal parts as you mentioned above(Spending 50% for our needs & 50% for our investment), without first talking care of our personal and/or basic needs because doing such might affect your ability to meet up your weekly or monthly needs since you have shared your income without handling and settling your basic needs.

I think the first thing to do is to first settle your basic needs, and after taking care of that, then the money left(your discretionary) is used used for such accumulation, also putting in mind that it's also necessary to build up your emergency funds and other back up funds, meaning that your discretionary income will also be used to build up these other funds.

So if you share your income into two parts, 50% each, (expenses and investment), without first handling your basic needs before taking money for investment, then you might investing wrongly and might screw your investment up which might cause your unnecessary pressure and maybe an unplanned sell