JJG’s Outline of Bitcoin Investment Ideas

[abaeze]

You still did not do a very good job of fleshing it out, which also gets me to speculate that you are so much caught up in a mindset that whines about the advantages of the rich guy versus the poor guy rather than really attempting to grapple with the trade offs that present themselves based on differing choices of aggressiveness that any one person might have based on his own income and then his choices within how he ends up using his income.

I got your point, The key is how much risk each person is taking relative to their income and how flexible their investment is relative to that risk, and that is the standard that everyone should make their trade offs on. Aggressiveness depends on what percentage of a person's discretionary income is invested, not on the amount of total assets. In that case, a person using 62.5% of discretionary income will be able to make decisions more flexibly with less risk than a person using 100% discretionary income.
So, long term low-risk accumulation is a better trade off for the person using 62.5% discretionary income than trying to accumulate more in less time with more risk.
Eventually, there are trade offs in every investment decision, but whether the trade off is made wisely is what makes the difference between a successful and a failure investor, isn't it?

Investment is not short-term, investment is not something where you invest your entire discretionary income for a few days and then sell it after a few days. Investment is a long-term discipline, where you have to be patient and keep yourself as risk-free as possible.

How much you invest will depend on your discretionary income, not your main income. Even if you earn $1M per month, it is not important, what is important is how much money you have left (discretionary money) every month after all expenses.

From this discretionary money, you have to prepare the necessary funds. First, the investment fund, then the necessary backup funds. We can increase and decrease the amount of the investment fund as needed. If preparing a backup fund becomes important, then the amount of the investment fund may decrease, if the investment becomes important, then it will increase. However, you have to be careful that you are not making the investment fund risky.

The things you mentioned long term investment, patience, backup fund are correct but you didn't get my main point. My point was that investment aggressiveness is measured as a percentage of discretionary income and there is a risk difference between 62.5% vs 100%. But you have shifted the topic here. Not only that, I discussed the trade offs i.e. risk vs flexibility vs accumulation speed but you only gave general investment advice but didn't give a complete analysis of the trade offs discussion, which was the discussion that was basically happening with @JJ.
However, your investment concept is simple. You talked about slow investing, in the long term, and only with the money that is left after expenses. That means you explained Bitcoin accumulation through DCA in the long term and also need to keep an emergency fund so that the investment does not become risky. Although here the trade off is investing more vs keeping more backup fund i.e. if one increases, the other decreases.

[Joeboy]

How much you invest will depend on your discretionary income, not your main income. Even if you earn $1M per month, it is not important, what is important is how much money you have left (discretionary money) every month after all expenses..

Surely investment should only come from ones discretionary income, but that isn't enough reason to say that income isn't important, since income happens to be one of the source that folks can realize their discretionary income from... The truth will always be that the size and stability of your income still plays a key role in determining how much discretionary income and(or) backup funds/emergency funds can be realized to ensure the continuity of foks investment...

The things you mentioned long term investment, patience, backup fund are correct but you didn't get my main point. My point was that investment aggressiveness is measured as a percentage of discretionary income and there is a risk difference between 62.5% vs 100%. But you have shifted the topic here. Not only that, I discussed the trade offs i.e. risk vs flexibility vs accumulation speed but you only gave general investment advice but didn't give a complete analysis of the trade offs discussion, which was the discussion that was basically happening with @JJ.
However, your investment concept is simple. You talked about slow investing, in the long term, and only with the money that is left after expenses. That means you explained Bitcoin accumulation through DCA in the long term and also need to keep an emergency fund so that the investment does not become risky. Although here the trade off is investing more vs keeping more backup fund i.e. if one increases, the other decreases.

Investing and keeping some backup funds/emergency funds are both very important for ensuring the continuity of folks investment journey.. That why I think that there shouldn't be the need for a trade off, since folks could very well practice balance... By balance, I mean that folks could very well give equal importance/attention in growing your discretionary income( for investment) in such a way that it give you room to consistently invest and also maintain/ strengthen your backup funds/emergency funds...

[Baki202]

yes i think that people are free to invest with any amount of discretionary income they have at their disposal, as far as that amount is coming from individuals discretionary income then there shouldnt be too much of a problem. because in bitcoin investment sometimes even when people are dcaing little by little and probably a particular week or month an extra or additional money comes to them and they finished sorting out their basic expenses they can decide to buy a lump sum with that additional cash that comes in for them either as a result of bonus they receive from work, or they win money from lottery or other sources. so its legal to invest with a good amount of cash as far as it is your discretionary income.

People have a choice of investing whatever they want to invest from their discretionary income, and that makes everything balanced because it is a personal choice that is made nd you don't have to bother with what they do with their discretionary income. It is not as if they are spending it on themselves, but rather they are investing, which is one of the best ways that money can be used, you are securing the future.

And when they continue to take this idea seriously about their investment, because that is the only way they make things go forward for them, because from the look of things, when it comes to investment, people are always losing ideas, and this is why they need to have knowledge, and from there, options are made available.

From the beginning, I have been a preacher of investing because I have seen a lot of potential in this situation, and that is why I encourage people in the little way you can encourage people. I do it because it is always a good opportunity to invest in Bitcoin.