JJG’s Outline of Bitcoin Investment Ideas

[Itz-prisigold]

We need to determine two things in advance to create a time frame. Time frame and profit amount or what we are investing for. Suppose you have set a time frame of 10 years and if you have set your profit during these 10 years to be the equivalent of 10 Bitcoins. So if your time frame ends and if you cannot reach the additional savings, then you can withdraw some of the profit during that time and keep the remaining amount until you reach the additional savings level.

Yes, selling in excess savings is good but withdrawing the entire amount will not be the right decision at all. Because you are investing, you have been able to do this for a long time, so withdrawing some of your profit and enjoying it is the right decision. Withdrawing the entire amount of profit will be a foolish decision.

I will say that this your structure is full of assumptions and unrealistic. Attempting to set a time frame and a specific profit target, such as "10 BTC in 10 years",  makes it sound like Bitcoin accumulation follows a predictable path. But in practice, both your financial situation and the market conditions will be different in the future,  so setting or locking yourself into these kind of goals can easily lead to bad decision making or putting yourself under unnecessary pressure.

Also, your entire focus on accumulating is around profit and withdrawal,  which makes the whole process into a goal of “hitting a number and cashing out. That is a very narrow mindset to approach Bitcoin with. Many people don't have a withdrawal plan in mind,  and imposing that structure can end up encouraging people to think more about timing rather than building a solid position.

A better way to approach Bitcoin it is to accumulate as much as possible on a regular basis based on the amount available for investment after taking care of your necessary expenses,  rather than trying to fix a time and a target in which to withdraw years from now. Once you have a good structure, you can decide on position adjustment as needed,  rather than pre planning for some arbitrary time or target.

[EclipseXcrypto]

Definitely I think your holding period will start from 2031 because the bitcoin you are holding wasn't accumulated in the same day or time . So the ones you will buy by 2028 or 2029 won't be up to that 5 years in 2031since you will be using DCA strategy for accumulating your bitcoin which simply means it will be accumulated at different intervals that is different years. So I think your holding period should start from after building up your portfolio or the time limit can be calculated based on the time your bitcoin was accumulated.

Why is it called buy and hodli and not buy and sell is because any bitcoin you buy should be for a long time plan which means that the first time you buy your first bitcoin is when you have started hodli. I said this because some buy bitcoin once in a while and they're hodlers. The reason why you are to continue accumulating bitcoin is to buy enough bitcoin for yourself and hodli.

People that only buy Bitcoin ones and hold it for a very long period of time are those who already have a lot of money. They buy aggressively with a very huge amount of money they can afford from their discretionary income. But when someone who doesn't have a very huge amount of money buy ones it will be very little amount and it will take decades for the person to make a good amount of profit from it. Imagine when someone buys Bitcoin with just $100 and hold for 10 years without adding more to it, even though Bitcoin reaches $200,000k in the future the profits will be very small compared to those who used huge amount of money to buy and hold.
I'm not trying to say it's wrong for an investor to buy Bitcoin with a small amount of money and hold for long term, what I'm only saying is that they won't make reasonable amount of profit from it compared to an investor who bought Bitcoin with a very huge amount of money.

[Queen uloma]

Definitely I think your holding period will start from 2031 because the bitcoin you are holding wasn't accumulated in the same day or time . So the ones you will buy by 2028 or 2029 won't be up to that 5 years in 2031since you will be using DCA strategy for accumulating your bitcoin which simply means it will be accumulated at different intervals that is different years. So I think your holding period should start from after building up your portfolio or the time limit can be calculated based on the time your bitcoin was accumulated.

Why is it called buy and hodli and not buy and sell is because any bitcoin you buy should be for a long time plan which means that the first time you buy your first bitcoin is when you have started hodli. I said this because some buy bitcoin once in a while and they're hodlers. The reason why you are to continue accumulating bitcoin is to buy enough bitcoin for yourself and hodli.

People that only buy Bitcoin ones and hold it for a very long period of time are those who already have a lot of money. They buy aggressively with a very huge amount of money they can afford from their discretionary income. But when someone who doesn't have a very huge amount of money buy ones it will be very little amount and it will take decades for the person to make a good amount of profit from it. Imagine when someone buys Bitcoin with just $100 and hold for 10 years without adding more to it, even though Bitcoin reaches $200,000k in the future the profits will be very small compared to those who used huge amount of money to buy and hold.
I'm not trying to say it's wrong for an investor to buy Bitcoin with a small amount of money and hold for long term, what I'm only saying is that they won't make reasonable amount of profit from it compared to an investor who bought Bitcoin with a very huge amount of money.

I’m not saying you’re not right but we need to understand something, those who are now investing big, started from small. You sounded as if the amount they’re investing with doesn’t really matter which is not cool by me.
Firstly you need to understand that profit isn’t only about how big it is, it’s about growth rate. If a person invest with $100 and get $1,000, it’s still a big win. You’re very correct on this, If an investor invested without adding money once in a while, the outcome will not be compared to that of the big investors. But if gradually he adds money always no matter the account the outcome will be meaningful. So, those who are investing small  need to be patience and have a good strategy, they will surely get to that level.

[JayJuanGee]

We need to determine two things in advance to create a time frame. Time frame and profit amount or what we are investing for. Suppose you have set a time frame of 10 years and if you have set your profit during these 10 years to be the equivalent of 10 Bitcoins. So if your time frame ends and if you cannot reach the additional savings, then you can withdraw some of the profit during that time and keep the remaining amount until you reach the additional savings level.

This is too much and seems impossible to do for me because 10 years for 10 bitcoins means that we can get at least 1 bitcoin / year and that will not be affordable and seem too imposing especially when the income we have is slightly lower.

This thread is for normies not for guys who likely have such resources to accumulate that many bitcoin.

We might consider poor people being able to (at best) invest $10 to $100 per week, so they may well ONLY accumulate 0.4 bitcoin, at best, over the next 10-ish years (if they are ONLY just starting now).

We might consider people of modest means who might be able to invest $100 to $500 per week, so they may well ONLY be be able to accumulate 1.5 bitcoin, at best, over the next 10-ish years

I would suggest that if a person is regularly buying into bitcoin as income comes available (rather than lump summing into bitcoin), then, at minimum, they would need to invest around $3k per week, which would be $156k per year and $1.56 million over 10 years, and I have my doubts that bitcoin would even average merely $156k per coin.. especially over 10 years.  A person investing $3k per week over 10 years may well ONLY accumulate somewhere between 5 BTC and 8 BTC over 10 years.

It is quite unrealistic for anyone close to normal to be able to invest $3k per week over 10 years.

By the way. .another expectation of being able to accumulate 1 bitcoin per year is close to retarded - even if a person might be able to anticipate being able to do so in the coming year or two or maybe even three, so the further out, the more difficult to anticipate that a person's income would be able to keep up with being able to accumulate as much bitcoin as he had been able to accumulate in earlier years.. so the straight line idea in regards to how much bitcoin likely to be accumulated is even less realistic than having some ideas about how much income might go up.. since there may well be people who expect their income to go up (and even promotions) in the coming years that might greatly increase their income..and folks who become super rich are still not too likely to have straight-line growths in their income curve.. so being realistic likely suggests that the income growth curve is going to go up at a lesser rate than the BTC growth rate - even though we cannot be 100% sure on this, and at the same time, guys need to synchronize to their own realistic (rather than fantasy) expectations.

We take an example for 1 bitcoin / year it might be done by those who have an above-average income for each month because if we convert it today (at $70k) it means we need to set aside from our discretionary funds of $1300 more every week so that and even then with a note that bitcoin stagnates at $70k which is certainly not possible because of its volatility.

It is quite unlikely that bitcoin is going to average at or less than $70k over the next year or two.  Possible, but not too likely. So guys expecting to average $70k or less over the next year or two seem to already be in unrealistic territory in their thinking (expectations).

Investing in bitcoin for me now doesn't matter how many bitcoins we have as long as we can afford to buy them, indeed the hope is the bigger the better but here what needs to be considered is also the cash flow in terms of the income we have cut by our monthly needs and several other deductions from your discretionary funds.

There is nothing wrong with attempting to make measurements of how many BTC that we anticipate that we might be able to accumulate at various points by any time in the future based on our current income and/or our future income/expense expectations, yet as you suggest, it is way more realistic to consider in terms of how much we are bringing in and even perhaps to account for a bitcoin price curve that is likely to incline upwardly largely at a greater pace than our income increases.. sure we don't know for sure about  the changes in the bitcoin prices relative to our future income.

We can't push ourselves too far if we can't buy enough with the money you can afford to buy bitcoin regardless of how much later it is your maximum strength to invest in bitcoin.

Sure.  That is another matter that if we don't attempt to largely peg our regular buy amounts (whether weekly or otherwise) to our income/expenses rather than some pie in the sky goal, then we are likely to get ourselves into trouble in the way that we are measuring and the way that we are pushing ourselves to act in order to keep up with our arguably unrealistic (non-pegged) progress expectations.

It seems to me that the good investment portfolio managers are going to figure out ways to balance out how they manage their investment (bitcoin) portfolio, and surely it could well get to be the case that some guys who might have had been sufficiently skilled enough to build up their bitcoin holdings and to hold their bitcoin through the good and bad times, they might potentially lack in adequate skills (or creativity or resourcefulness) to manage their bitcoin holdings once the quantity gets to a high enough level that they have either accumulated enough bitcoin or that they are close to having had accumulated enough so that their forward strategies and practice mighty be in a position that would be better to change from what they had been doing historically.

Apparently, I have come across some guys and some individuals who have probably find it very difficult to control themselves when they’ve gotten to some levels that we can call over accumulation of their bitcoin holdings and have successfully built a very successful bitcoin portfolio which so many people have been trying to achieve for quite a long time, and it would definitely become a challenge and when it gets difficult for them you might not probably understand what have really happened while you’re investing in that bitcoin, balancing our bitcoin portfolio and also trying to balance everything that comes with our daily expenses and spending is always and extraordinarily skill to me, but if we have a proper balance and understanding how to properly manage our bitcoin investments portfolios, then I think we don’t have any Challenges at all to handle and accommodate our strategic practices.

I doubt that there is any perfection or abilities to completely remove the challenges, even when guys might have good ways of assessing the value of their bitcoin and the rate that they believe they are able to withdraw from their holdings and to make sure to stay in overaccumulation status (if that might be part of their goals).

One thing is reaching overaccumulation status and making sure that the ways to get there and the measurements about when enough bitcoin is enough is correct.

Then another assessment might be made in regards to when withdrawals might start to be authorized, under what conditions and how much, whether starting to employ price based sustainable withdrawal or time based sustainable withdrawal or maybe some other ideas about how to withdraw that might end up being loosey-goosey in terms of whether the ways of withdrawing are sustainable.

Guys can also end up selling too much too soon, since when they sell (or over sell), then they might have, in the back of their mind, a potentially unrealistic expectation that they will be able to buy back some or all the amount that they had ended selling. .and then they end up with a smaller bitcoin stash than they had previously had and even potentially inabilities to realistically assess their bitcoin stash as continuing to be in overaccumulation status... so they might have a dilemma about how to deal with a situation in which their own seeming wrong assessment (and related action) might have had contributed towards their no longer being in overaccumulation status... and whether or not they can get back into overaccumulation status might not be clear and it might not even be worth the amount of sacrifice that might be needed to get back to such previously reached overaccumulation status.

[edited out]

The role of discretionary income in Bitcoin investment is extensive, if you do not depend on discretionary income then you may face investment problems. For this we must have prior preparation, where we can use emergency funds. Because to keep Bitcoin investment going according to the DCA method, we must form an emergency fund, using this emergency fund we can undoubtedly move forward with Bitcoin investment in the future.

So in addition to Bitcoin investment, if we form an emergency fund and invest in Bitcoin with discretionary income, we will be able to reach the destination as planned without facing any kind of danger.

We do not need to establish back up funds and/or an emergency fund prior to getting started investing in bitcoin so long as we know that we have discretionary funds available, so surely we have to have some back up funds in order to have some assurance that whatever we put into bitcoin is not going to end up being needed for our expenses prior to the next time that we are paid.

I would imagine that even guys who start out investing into bitcoin with low levels of back up funds, they will build them over time at a rate that is similar to their level of investing into bitcoin, yet how much they build their back up funds (or what pace) remains within their own calculation concerning what they consider to be reasonable in regards to their own anticipated future cashflows, whether regular or not.

We need to determine two things in advance to create a time frame. Time frame and profit amount or what we are investing for. Suppose you have set a time frame of 10 years and if you have set your profit during these 10 years to be the equivalent of 10 Bitcoins. So if your time frame ends and if you cannot reach the additional savings, then you can withdraw some of the profit during that time and keep the remaining amount until you reach the additional savings level.

Yes, selling in excess savings is good but withdrawing the entire amount will not be the right decision at all. Because you are investing, you have been able to do this for a long time, so withdrawing some of your profit and enjoying it is the right decision. Withdrawing the entire amount of profit will be a foolish decision.

It’s good to plan because it gives a person direction but fixing something like 10 years and 10btc profit makes it seem like the market will always cooperate with your plan and that’s rarely how it works. You might hit your goals earlier or later or not at all.
Let me also add that taking profit versus exiting fully isn’t a one size fits all thing, what works for one person might not work for another depending on their situation.
I agree that selling everything without thinking isn’t a smart thing to do, but being too strict with your plan can also hold you back. In reality, I think it’s better to have a plan you can adjust as things change, instead of trying to follow a fixed script no matter what.

Get the fuck out of here with repeating 10 bitcoin in 10 years as if it were anywhere close to reasonable and/or reachable for any normal person - especially if such normal person were to be just starting investing in bitcoin within the past couple of years or less.

[Z_MBFM]

Definitely I think your holding period will start from 2031 because the bitcoin you are holding wasn't accumulated in the same day or time . So the ones you will buy by 2028 or 2029 won't be up to that 5 years in 2031since you will be using DCA strategy for accumulating your bitcoin which simply means it will be accumulated at different intervals that is different years. So I think your holding period should start from after building up your portfolio or the time limit can be calculated based on the time your bitcoin was accumulated.

Why is it called buy and hodli and not buy and sell is because any bitcoin you buy should be for a long time plan which means that the first time you buy your first bitcoin is when you have started hodli. I said this because some buy bitcoin once in a while and they're hodlers. The reason why you are to continue accumulating bitcoin is to buy enough bitcoin for yourself and hodli.

People that only buy Bitcoin ones and hold it for a very long period of time are those who already have a lot of money. They buy aggressively with a very huge amount of money they can afford from their discretionary income. But when someone who doesn't have a very huge amount of money buy ones it will be very little amount and it will take decades for the person to make a good amount of profit from it. Imagine when someone buys Bitcoin with just $100 and hold for 10 years without adding more to it, even though Bitcoin reaches $200,000k in the future the profits will be very small compared to those who used huge amount of money to buy and hold.
I'm not trying to say it's wrong for an investor to buy Bitcoin with a small amount of money and hold for long term, what I'm only saying is that they won't make reasonable amount of profit from it compared to an investor who bought Bitcoin with a very huge amount of money.

I’m not saying you’re not right but we need to understand something, those who are now investing big, started from small. You sounded as if the amount they’re investing with doesn’t really matter which is not cool by me.
Firstly you need to understand that profit isn’t only about how big it is, it’s about growth rate. If a person invest with $100 and get $1,000, it’s still a big win. You’re very correct on this, If an investor invested without adding money once in a while, the outcome will not be compared to that of the big investors. But if gradually he adds money always no matter the account the outcome will be meaningful. So, those who are investing small  need to be patience and have a good strategy, they will surely get to that level.

If you have faith in Bitcoin and are interested in investing in Bitcoin and you have a good amount of Bitcoin savings, then you can easily save your daily expenses and some emergency funds and invest the rest in Bitcoin because Bitcoin is the only currency in the world that has been able to give the biggest return to an investor, so why should you hesitate to invest in Bitcoin? Everyone's financial situation is different, due to which the ability to invest is not the same for everyone, but if someone can do proper money management and continue investing regularly, then even if he is poor, he will be able to accumulate more Bitcoin than a rich person. And that will be a real successful investor and he will be able to easily establish himself as a rich person with the return he gets from Bitcoin. And this is the advantage of investing in Bitcoin.

[Joy- maker]

You sounded as if the amount they’re investing with doesn’t really matter which is not cool by me.

actually, the amount you are using to purchase bitcoin on a weekly basis or monthly basis doesn't matter provide that is what is left over after subtracting money for your fix expenses, as well as your basic living expenses. let's assuming what you usually have as your left over after subtracting money for your basic needs and expenses is around $10 to $15 for the week or for the month, you can be accumulating bitcoin with it for the main time, while you figure out other ways to source for money in other to increase your discretionary income.

[Joeboy]

@JayJuanGee Sir I have been confused about a subject for a long time, I have tried to find out from many places but I have not been able to find the right information. The question is,

My target to buy Bitcoin is 2 and I want to follow the DCA method and it will take me a long time to create these 2 Bitcoins like above 5 to 6 years and my time limit is to hold it for 2 cycles. If it takes 5 to 6 years to reach the target of creating the portfolio then will my holding period start from that time or my time limit starts from the day I started buying.

Or if I buy today in 2026 and I will be 5 years old in 2031 then will my first purchase period complete 5 years or will my time limit end

Your confusion arose coz you seem to have been thinking that your holding period starts from one single point... When you DCA, you are simply spreading out your buys overtime, and this means that the Bitcoin you bought today with DCA starts it own holding time that same today, while the ones you buy say in 2 years times, the holding period starts counting from when you actually bought it... And if your goal is fixed at holding Bitcoin for let me say 2 cycle which is of course equivalent to 8 years period, then the easiest way to look at it without getting confused in the process of trying to account for the different holding time, is to just start calculating your holding period from when you must have completed your accumulation, coz that's very well when your portfolio is already in place....

So what I am trying to say in essence is that your accumulation period (which is a continuous process when done with DCA),  is very much different from your holding period... And when this two period are treated separately, it tend to be much more easier for you to know when your actual accumulation start, same as when the holding phase also started...

[EclipseXcrypto]

Definitely I think your holding period will start from 2031 because the bitcoin you are holding wasn't accumulated in the same day or time . So the ones you will buy by 2028 or 2029 won't be up to that 5 years in 2031since you will be using DCA strategy for accumulating your bitcoin which simply means it will be accumulated at different intervals that is different years. So I think your holding period should start from after building up your portfolio or the time limit can be calculated based on the time your bitcoin was accumulated.

Why is it called buy and hodli and not buy and sell is because any bitcoin you buy should be for a long time plan which means that the first time you buy your first bitcoin is when you have started hodli. I said this because some buy bitcoin once in a while and they're hodlers. The reason why you are to continue accumulating bitcoin is to buy enough bitcoin for yourself and hodli.

People that only buy Bitcoin ones and hold it for a very long period of time are those who already have a lot of money. They buy aggressively with a very huge amount of money they can afford from their discretionary income. But when someone who doesn't have a very huge amount of money buy ones it will be very little amount and it will take decades for the person to make a good amount of profit from it. Imagine when someone buys Bitcoin with just $100 and hold for 10 years without adding more to it, even though Bitcoin reaches $200,000k in the future the profits will be very small compared to those who used huge amount of money to buy and hold.
I'm not trying to say it's wrong for an investor to buy Bitcoin with a small amount of money and hold for long term, what I'm only saying is that they won't make reasonable amount of profit from it compared to an investor who bought Bitcoin with a very huge amount of money.

I’m not saying you’re not right but we need to understand something, those who are now investing big, started from small. You sounded as if the amount they’re investing with doesn’t really matter which is not cool by me.
Firstly you need to understand that profit isn’t only about how big it is, it’s about growth rate. If a person invest with $100 and get $1,000, it’s still a big win. You’re very correct on this, If an investor invested without adding money once in a while, the outcome will not be compared to that of the big investors.

And I wasn't talking about starting small, I already know the importance of starting small, but was only emphasizing on the fact about those who invest just ones with huge amount bof money and those who invest ones with the lump sum strategy without adding more Bitcoin to those portfolio.
Already DCA strategy is helpful for both the small investors and the big investors but the truth is that one party among the both has more advantage to reach I higher target in the investment.
Sincerely speaking, making addictional $900 profits from investing wity just $100 is not guaranteed.

[Father111]

Definitely I think your holding period will start from 2031 because the bitcoin you are holding wasn't accumulated in the same day or time . So the ones you will buy by 2028 or 2029 won't be up to that 5 years in 2031since you will be using DCA strategy for accumulating your bitcoin which simply means it will be accumulated at different intervals that is different years. So I think your holding period should start from after building up your portfolio or the time limit can be calculated based on the time your bitcoin was accumulated.

Why is it called buy and hodli and not buy and sell is because any bitcoin you buy should be for a long time plan which means that the first time you buy your first bitcoin is when you have started hodli. I said this because some buy bitcoin once in a while and they're hodlers. The reason why you are to continue accumulating bitcoin is to buy enough bitcoin for yourself and hodli.

People that only buy Bitcoin ones and hold it for a very long period of time are those who already have a lot of money. They buy aggressively with a very huge amount of money they can afford from their discretionary income. But when someone who doesn't have a very huge amount of money buy ones it will be very little amount and it will take decades for the person to make a good amount of profit from it. Imagine when someone buys Bitcoin with just $100 and hold for 10 years without adding more to it, even though Bitcoin reaches $200,000k in the future the profits will be very small compared to those who used huge amount of money to buy and hold.
I'm not trying to say it's wrong for an investor to buy Bitcoin with a small amount of money and hold for long term, what I'm only saying is that they won't make reasonable amount of profit from it compared to an investor who bought Bitcoin with a very huge amount of money.

I’m not saying you’re not right but we need to understand something, those who are now investing big, started from small. You sounded as if the amount they’re investing with doesn’t really matter which is not cool by me.
Firstly you need to understand that profit isn’t only about how big it is, it’s about growth rate. If a person invest with $100 and get $1,000, it’s still a big win. You’re very correct on this, If an investor invested without adding money once in a while, the outcome will not be compared to that of the big investors. But if gradually he adds money always no matter the account the outcome will be meaningful. So, those who are investing small  need to be patience and have a good strategy, they will surely get to that level.

If you have faith in Bitcoin and are interested in investing in Bitcoin and you have a good amount of Bitcoin savings, then you can easily save your daily expenses and some emergency funds and invest the rest in Bitcoin because Bitcoin is the only currency in the world that has been able to give the biggest return to an investor, so why should you hesitate to invest in Bitcoin? Everyone's financial situation is different, due to which the ability to invest is not the same for everyone, but if someone can do proper money management and continue investing regularly, then even if he is poor, he will be able to accumulate more Bitcoin than a rich person. And that will be a real successful investor and he will be able to easily establish himself as a rich person with the return he gets from Bitcoin. And this is the advantage of investing in Bitcoin.

hesitating into investing in Bitcoin without plans means, an investor decide to just invest with his money without the payment of bills but was able to secure an emergency fund, it is a bad idea for any investor to invest without the settlement of all bills then chooses how much money he can be regulating to buy frequently  when the discretionary income is there to invest with, secondly you are just sounding rich rich through Bitcoin, I'm not doubting about it but there is something you forgetting in a hurry, Bitcoin is investment that take time for an investor to benefit from.

[Jostern]

We do not need to establish back up funds and/or an emergency fund prior to getting started investing in bitcoin so long as we know that we have discretionary funds available, so surely we have to have some back up funds in order to have some assurance that whatever we put into bitcoin is not going to end up being needed for our expenses prior to the next time that we are paid.

I would imagine that even guys who start out investing into bitcoin with low levels of back up funds, they will build them over time at a rate that is similar to their level of investing into bitcoin, yet how much they build their back up funds (or what pace) remains within their own calculation concerning what they consider to be reasonable in regards to their own anticipated future cashflows, whether regular or not.

I usually find it disturbing when some individuals, well I don’t know if I should be calling them investors, are mostly interested in starting a backup funds before they starts investing in bitcoin because I absolutely think that is totally unnecessary.

We don’t need to establish any backup funds before we can start investing in bitcoin, which is totally an unnecessary thing to do, the most important thing is having a discretionary income, then we can start buying and accumulating bitcoin on a gradual process little by little.

Perhaps I believe that most people and some individuals gets carried away with investing in bitcoin by starting a backup fund before they start buying and accumulating bitcoin, well they can always start immediately and then latar focus on having a backup fund which should be well worth appreciative and be more of an approach in buying and accumulating of bitcoin.

Having different cashflow could always be an added boost and motivation with accumulating more bitcoin and having an availability of discretionary income and starting of backup funds which doesn’t happen immediately.

[Grease5000]

We need to determine two things in advance to create a time frame. Time frame and profit amount or what we are investing for. Suppose you have set a time frame of 10 years and if you have set your profit during these 10 years to be the equivalent of 10 Bitcoins. So if your time frame ends and if you cannot reach the additional savings, then you can withdraw some of the profit during that time and keep the remaining amount until you reach the additional savings level.

Yes, selling in excess savings is good but withdrawing the entire amount will not be the right decision at all. Because you are investing, you have been able to do this for a long time, so withdrawing some of your profit and enjoying it is the right decision. Withdrawing the entire amount of profit will be a foolish decision.

I will say that this your structure is full of assumptions and unrealistic. Attempting to set a time frame and a specific profit target, such as "10 BTC in 10 years",  makes it sound like Bitcoin accumulation follows a predictable path. But in practice, both your financial situation and the market conditions will be different in the future,  so setting or locking yourself into these kind of goals can easily lead to bad decision making or putting yourself under unnecessary pressure.

Also, your entire focus on accumulating is around profit and withdrawal,  which makes the whole process into a goal of “hitting a number and cashing out. That is a very narrow mindset to approach Bitcoin with. Many people don't have a withdrawal plan in mind,  and imposing that structure can end up encouraging people to think more about timing rather than building a solid position.

A better way to approach Bitcoin it is to accumulate as much as possible on a regular basis based on the amount available for investment after taking care of your necessary expenses,  rather than trying to fix a time and a target in which to withdraw years from now. Once you have a good structure, you can decide on position adjustment as needed,  rather than pre planning for some arbitrary time or target.

I get your point, but it still treats Bitcoin too much like a timed profit plan. As a long term investor, I don’t believe in fixed timelines or profit targets. Bitcoin isn’t something you invest in just to exit after a set number of years it’s an asset you accumulate and hold over time.

Taking some profit when you truly need it makes sense. But selling just because your time frame ends can lead to poor decisions. The focus should be on building and preserving value, not chasing deadlines.

[whiteblue]

We do not need to establish back up funds and/or an emergency fund prior to getting started investing in bitcoin so long as we know that we have discretionary funds available, so surely we have to have some back up funds in order to have some assurance that whatever we put into bitcoin is not going to end up being needed for our expenses prior to the next time that we are paid.

I would imagine that even guys who start out investing into bitcoin with low levels of back up funds, they will build them over time at a rate that is similar to their level of investing into bitcoin, yet how much they build their back up funds (or what pace) remains within their own calculation concerning what they consider to be reasonable in regards to their own anticipated future cashflows, whether regular or not.

I agree with you. I managed my finances very carefully when I started investing in Bitcoin, four months after my initial purchase. When I first started, I didn't really care about a reserve fund because I always had disposable income each week.

Now, when I received feedback from many threads on this forum about the importance of managing a reserve fund, I begin started setting aside just 1% each month, but I didn't touch it. Meaning, if I didn't set aside a reserve fund, I thought it wouldn't be a problem.

In the initial stages, nothing is truly perfect because when we first start buying Bitcoin, we're only focused on buying. But gradually, we learn what we need to plan, and everything takes time.

[Silikiem]

Definitely I think your holding period will start from 2031 because the bitcoin you are holding wasn't accumulated in the same day or time . So the ones you will buy by 2028 or 2029 won't be up to that 5 years in 2031since you will be using DCA strategy for accumulating your bitcoin which simply means it will be accumulated at different intervals that is different years. So I think your holding period should start from after building up your portfolio or the time limit can be calculated based on the time your bitcoin was accumulated.

Why is it called buy and hodli and not buy and sell is because any bitcoin you buy should be for a long time plan which means that the first time you buy your first bitcoin is when you have started hodli. I said this because some buy bitcoin once in a while and they're hodlers. The reason why you are to continue accumulating bitcoin is to buy enough bitcoin for yourself and hodli.

People that only buy Bitcoin ones and hold it for a very long period of time are those who already have a lot of money. They buy aggressively with a very huge amount of money they can afford from their discretionary income. But when someone who doesn't have a very huge amount of money buy ones it will be very little amount and it will take decades for the person to make a good amount of profit from it. Imagine when someone buys Bitcoin with just $100 and hold for 10 years without adding more to it, even though Bitcoin reaches $200,000k in the future the profits will be very small compared to those who used huge amount of money to buy and hold.
I'm not trying to say it's wrong for an investor to buy Bitcoin with a small amount of money and hold for long term, what I'm only saying is that they won't make reasonable amount of profit from it compared to an investor who bought Bitcoin with a very huge amount of money.

I’m not saying you’re not right but we need to understand something, those who are now investing big, started from small. You sounded as if the amount they’re investing with doesn’t really matter which is not cool by me.
Firstly you need to understand that profit isn’t only about how big it is, it’s about growth rate. If a person invest with $100 and get $1,000, it’s still a big win. You’re very correct on this, If an investor invested without adding money once in a while, the outcome will not be compared to that of the big investors. But if gradually he adds money always no matter the account the outcome will be meaningful. So, those who are investing small  need to be patience and have a good strategy, they will surely get to that level.

If you have faith in Bitcoin and are interested in investing in Bitcoin and you have a good amount of Bitcoin savings, then you can easily save your daily expenses and some emergency funds and invest the rest in Bitcoin because Bitcoin is the only currency in the world that has been able to give the biggest return to an investor, so why should you hesitate to invest in Bitcoin? Everyone's financial situation is different, due to which the ability to invest is not the same for everyone, but if someone can do proper money management and continue investing regularly, then even if he is poor, he will be able to accumulate more Bitcoin than a rich person. And that will be a real successful investor and he will be able to easily establish himself as a rich person with the return he gets from Bitcoin. And this is the advantage of investing in Bitcoin.

Anyone interested in investing in bitcoin only needs a discretionary income to use and start buying and investing in bitcoin and not wait till you have good  amounts of bitcoin savings before you start buying bitcoin and hold for long term goals. Individuals only needs to figure out a discretionary income to use for their bitcoin accumulation, and once their discretionary income is ready they can start immediately in buying bitcoin. Along the line they can still find a way to improve their financial position to enable them keep in line with their investments especially after they have finished sorting out their basic needs.

[Crytohillss]

@JayJuanGee Sir I have been confused about a subject for a long time, I have tried to find out from many places but I have not been able to find the right information. The question is,

My target to buy Bitcoin is 2 and I want to follow the DCA method and it will take me a long time to create these 2 Bitcoins like above 5 to 6 years and my time limit is to hold it for 2 cycles. If it takes 5 to 6 years to reach the target of creating the portfolio then will my holding period start from that time or my time limit starts from the day I started buying.

Or if I buy today in 2026 and I will be 5 years old in 2031 then will my first purchase period complete 5 years or will my time limit endphase also started...

DCA doesn't truly reset time into one block each purchase really does have it own time but from the practical aspects most persons are not tracking dozen of Mini holding time people just wanted a clear strategy they can relate with separating accumulation from actually makes things easier one can focus on then once people are satisfied with their positions that's when the true holding mindset play in it's less about perfect and more about having a systematic complications.

[SmartCharpa]

The role of discretionary income in Bitcoin investment is extensive, if you do not depend on discretionary income then you may face investment problems. For this we must have prior preparation, where we can use emergency funds. Because to keep Bitcoin investment going according to the DCA method, we must form an emergency fund, using this emergency fund we can undoubtedly move forward with Bitcoin investment in the future.
So in addition to Bitcoin investment, if we form an emergency fund and invest in Bitcoin with discretionary income, we will be able to reach the destination as planned without facing any kind of danger.

It’s very important to have a discretionary income in order not to depend on the money we can use to solve other problems. This is the reason why some people face a lot of challenges during their accumulation journey, the discretionary income and the emergency funds are very important. Having the emergency funds allow us to stay consistent with the buying, we won’t be won’t have any doubts or touch our holding me when we encounter any challenges.

Moreover, we need to maintain a strong plan to be able to achieve our goal. if you don’t set aside a discretionary income, you will reach a point where you won’t be able to buy again, you will find it difficult due to some personal challenges, like using money that is meant for other things. In some cases you might be forced to sell your bitcoin because you have no other options to take care of the situation.

[Baki202]

Definitely I think your holding period will start from 2031 because the bitcoin you are holding wasn't accumulated in the same day or time . So the ones you will buy by 2028 or 2029 won't be up to that 5 years in 2031since you will be using DCA strategy for accumulating your bitcoin which simply means it will be accumulated at different intervals that is different years. So I think your holding period should start from after building up your portfolio or the time limit can be calculated based on the time your bitcoin was accumulated.

Why is it called buy and hodli and not buy and sell is because any bitcoin you buy should be for a long time plan which means that the first time you buy your first bitcoin is when you have started hodli. I said this because some buy bitcoin once in a while and they're hodlers. The reason why you are to continue accumulating bitcoin is to buy enough bitcoin for yourself and hodli.

People that only buy Bitcoin ones and hold it for a very long period of time are those who already have a lot of money. They buy aggressively with a very huge amount of money they can afford from their discretionary income. But when someone who doesn't have a very huge amount of money buy ones it will be very little amount and it will take decades for the person to make a good amount of profit from it. Imagine when someone buys Bitcoin with just $100 and hold for 10 years without adding more to it, even though Bitcoin reaches $200,000k in the future the profits will be very small compared to those who used huge amount of money to buy and hold.
I'm not trying to say it's wrong for an investor to buy Bitcoin with a small amount of money and hold for long term, what I'm only saying is that they won't make reasonable amount of profit from it compared to an investor who bought Bitcoin with a very huge amount of money.

I’m not saying you’re not right but we need to understand something, those who are now investing big, started from small. You sounded as if the amount they’re investing with doesn’t really matter which is not cool by me.
Firstly you need to understand that profit isn’t only about how big it is, it’s about growth rate. If a person invest with $100 and get $1,000, it’s still a big win. You’re very correct on this, If an investor invested without adding money once in a while, the outcome will not be compared to that of the big investors. But if gradually he adds money always no matter the account the outcome will be meaningful. So, those who are investing small  need to be patience and have a good strategy, they will surely get to that level.

If you have faith in Bitcoin and are interested in investing in Bitcoin and you have a good amount of Bitcoin savings, then you can easily save your daily expenses and some emergency funds and invest the rest in Bitcoin because Bitcoin is the only currency in the world that has been able to give the biggest return to an investor, so why should you hesitate to invest in Bitcoin? Everyone's financial situation is different, due to which the ability to invest is not the same for everyone, but if someone can do proper money management and continue investing regularly, then even if he is poor, he will be able to accumulate more Bitcoin than a rich person. And that will be a real successful investor and he will be able to easily establish himself as a rich person with the return he gets from Bitcoin. And this is the advantage of investing in Bitcoin.

Anyone interested in investing in bitcoin only needs a discretionary income to use and start buying and investing in bitcoin and not wait till you have good  amounts of bitcoin savings before you start buying bitcoin and hold for long term goals. Individuals only needs to figure out a discretionary income to use for their bitcoin accumulation, and once their discretionary income is ready they can start immediately in buying bitcoin. Along the line they can still find a way to improve their financial position to enable them keep in line with their investments especially after they have finished sorting out their basic needs.

Aside people people been educated the same time they should know that there are various steps that people with vision to follow and starting from the use discretionary income, all this ia towards the flexibility of investment because we you are thought then the diffulty of execution of what was learnt should not be a problem, and were a lot of people get it wrong when it comes to putting what they have learnt into use. And every strategy on how to accumulate bitcoin have be discussed multiple times and that they should not find it hard to proceed.

Among everything even with the discretionary income they still need to be consistent because from what we have been reading only when you are dedicated that you will be able to do something better, accumulating creates a safer space for those that are afraid of taking massive risk of trading so this what they can shift to at least the chances of losing everything is zero when you are holding which is the best option from unnecessary risk.

[JayJuanGee]

@JayJuanGee Sir I have been confused about a subject for a long time, I have tried to find out from many places but I have not been able to find the right information. The question is,

My target to buy Bitcoin is 2 and I want to follow the DCA method and it will take me a long time to create these 2 Bitcoins like above 5 to 6 years and my time limit is to hold it for 2 cycles. If it takes 5 to 6 years to reach the target of creating the portfolio then will my holding period start from that time or my time limit starts from the day I started buying.

Or if I buy today in 2026 and I will be 5 years old in 2031 then will my first purchase period complete 5 years or will my time limit end

I am not quite sure how your striving to reach a goal of 2 bitcoin within 5 or 6 years fits within the topic of this thread, and I don't really have any reasonable ability to suggest any kind of a way that you would be able to reach such a goal based on whatever resources that you might have at your disposal.

I also have no better ideas about bitcoin's price direction than anyone else, even though I would anticipate that bitcoin's prices are going to continue to gravitate in an upward direction in such a way that bitcoin price appreciation is likely going to be greater than the increases in the cost of living and the overwhelming majority of raises of wages.

Ultimately, any amount that you were to put into bitcoin in the coming 5-6 years, including if you were to attempt to be quite aggressive in your bitcoin accumulation, would have to be within your budget... So even if you put $1k to $2k per week into bitcoin, you might not be able to reach 2 bitcoin within 6 years - so for example if you were to put $1k per week into bitcoin for 6 years, you would have had put $52k into bitcoin by the end of 1 year and you would have had put $312k into bitcoin by 6 years.  So bitcoin would need to average a cost of less than $156k per coin in the next 6 years for you to have had been able to accumulate 2 bitcoin in 2 years.

Of course, if we double the anticipated amount to put into bitcoin from $1k per week to $2k per week, then the results of the investment amount would double, and surely, it seems that there would be pretty decently good chances that the average cost per BTC might have ended up $312k or lower within the next 6 years, yet surely the average cost per BTC is not guaranteed.

My most recently posted fuck you status chart shows the past 200-WMA and the anticipated 200-WMA (which represents an anticipated 4 year average), and that currently posted chart (that had not been updated since August 2025 shows an anticipated 200-WMA of $325k per bitcoin by mid-2032 - and my private update to the 200-WMA chart shows the mid 2032 200-WMA as $231k, so depending on the way the BTC price performs in the coming 6-ish years, and depending on your investment budget, it could be possible to accumulate 2 BTC in the next 6-ish years.

In the end, you need to figure out for yourself what might be reasonable goals and how likely it might be for you to reach such goals based on your own budgetary circumstance.

By the way, your point about holding bitcoin for two cycles remains a bit unclear from my perspective, and surely you were asking questions in regards to your anticipated holding time for your bitcoin and from when such holding time should start. It seems to me that if you were planning to spend 5-6 years accumulating your bitcoin stash, then it could be the case that you would end up accumulating bitcoin for that whole period, so you would have some of your coins that would have had been bought towards the beginning of your investment timeline and then other coins that would have had been bought towards the end of such timeline..  

From my own perspective, it seems reasonable that you would have a period of time between buying and accumulating your bitcoin and when you might start to consider selling some or all of your bitcoin.   I surely am not much of a fan of selling a lot of coin at one time since that comes off as trading and depleting the principle or bouncing below overaccumulation status - if we might presume that you might consider the accumulation of 2 bitcoin in 6-ish years to be an overaccumulation status amount, and I am not necessarily opposed to that way of thinking in the event that a guy might be able to accumulate 2-ish bitcoin in 6-ish years, even though the assessment of overaccumulation status would also depend on other aspects of your finances. .

From my own perspective, it is probably better to have a transition period between when you buy your bitcoin and when you might start to engage in some form of sustainable withdrawal.  So if we might anticipate something like mid-2035 before you might start to consider to sustainably withdraw from your bitcoin holdings, then my own current chart of the anticipated 200-WMA shows that in mid-2035 the 200-WMA may well be somewhere in the ballpark of $400k, so then 2 BTC would have a 200-WMA assessment of $800k, which would cause the quantity of 2 bitcoin in mid 2035 to have a sustainable withdrawal rate of $80k per year (or $6,666 per month), and yeah, we cannot really know for sure, and we would have to monitor what we might consider to be the sustainable withdrawal rate valuations of our bitcoin stash based on whatever might be the 200-WMA at the time that we might decide to start to employ what we calculate to be sustainable withdrawal practices.

[edited out]

Well don't make it sound or look like it is not possible for someone to get 10 Bitcoin in 10 years because what you should be considering when someone said this is their net worth and how much they earn weekly or monthly and this should be able to tell you if the person can achieve this in this interval of time. But it may look like a big deal for someone who is poor or struggling with his or her investment but to someone who is stinkingly Rich it won't be that difficult as it can be obtain.

Maybe you should outline a path (or maybe various paths) in which you believe that right now any quasi-normal person could reasonably accumulate 10 bitcoin in the next 10 years?

10 bitcoin in 10 years comes off as both unrealistic and fantastical, and surely in this thread we are trying to relate to realistic scenarios rather than fantasy scenarios.

Go on, @Showlove01, outline a path (or maybe various paths) in which you consider that the odds are decently good that a person might be able to accumulate 10 BTC in the next 10-ish years.  

Once you do that, then tell me whether you are describing a normal person (who is relatable in this thread) or not?  Should we consider such person to be relatable to the kinds of circumstances of guys participating in this thread?

By the way, I don't mind describing scenarios that might be of rich folks, from time to time, yet if we are describing situations of rich persons, we still might need to provide some specifics in relationship to such rich persons rather than presuming that magically they have money no matter the circumstances, and yeah, if you are describing some fantasy situations in which someone inherits a bunch of money, then maybe you might want to describe how that person might have had come to the conclusion to put such inheritance into bitcoin.. and/or attempt to be practical about the matter rather than just proclaiming that 10 bitcoin in 10 years from now is totally "not difficult"

Also, you implication of someone who is "stinking rich;"  how is that guy relatable to this thread?  Maybe you want to describe such person and why he might be interested in bitcoin, willing to act to buy bitcoin and perhaps engage in other cashflow management practices, and also he he might be someone that guys in this thread might relate to?

Maybe you can give an example of what you mean.  What might be some ways in which guys might have had "reached the right time," and if they "reach the right time," then what can happen?

Yes, as I said above, the decision varies and not all, it depends on each person's position, it is possible to implement several strategies, namely continuing to accumulate or another reducing a small portion when they feel the target is achieved. For example, if someone has reached 1 BTC, then they realize some value of 0.1 BTC at a high price while still keeping 0.9 BTC as core, and it is not wrong if they enjoy a little profit from the results of their efforts.

You are very vague in regards to the circumstances in terms of how a person might have had accumulated the 1 BTC and then why is such person motivated to sell 0.1 BTC (10% of his holdings)?  Perhaps you are talking about trading rather than investing, and are you even familiar with my bitcoin-related investment ideas, which happen to be the topic of this thread?  And, what about cashflow management practices, which would likely relate to a guy both being able to accumulate 1 BTC and then perhaps influence his decision to sell some portion of his bitcoin (whether 10% or some other quantity of bitcoin).

[edited out]

This is the reason why you need to have other kind of funds with you so that you don't have to touch your investments because you are thinking that you have been in profits already. Even when you are in profit and you don't have anything using the money to do, you don't have to sell part of your investment because that will not really help your Bitcoin asset holdings to grow well.
You should have a target why you are investing in Bitcoin whether you want to hold for a long time purpose or you want to hold for a short term interval and you don't have to sell when you have not achieved your purpose.

Holding for a short-term interval does not seem to fit within the scope of this thread, unless perhaps such person had intended to buy and hold for a longer period of time, yet circumstances in their lives contributed towards their needs to shorten the investment timeline their original plans.  

From my point of view, short term such as less than 4 years tends to be trading rather than investing, and even guys who invest in less than 10 year timelines would likely ONLY be justified in creating and following timelines of less than 10 years if they have age and/or health reasons for creating and following such a less than 10 year timeline in regards to bitcoin.

Some guys may have noticed that I am not totally against guys who come into bitcoin without having had figured out that it is an investment rather than a trade, and so I understand that it could take some guys a bit of time of buying bitcoin and investigating further into bitcoin before they figure out that bitcoin is better to be conceived as an investment rather than as a trade.. which thereby justifies an investment timeline of 4-10 years or longer.

Definitely I think your holding period will start from 2031 because the bitcoin you are holding wasn't accumulated in the same day or time . So the ones you will buy by 2028 or 2029 won't be up to that 5 years in 2031since you will be using DCA strategy for accumulating your bitcoin which simply means it will be accumulated at different intervals that is different years. So I think your holding period should start from after building up your portfolio or the time limit can be calculated based on the time your bitcoin was accumulated.

Why is it called buy and hodli and not buy and sell is because any bitcoin you buy should be for a long time plan which means that the first time you buy your first bitcoin is when you have started hodli. I said this because some buy bitcoin once in a while and they're hodlers. The reason why you are to continue accumulating bitcoin is to buy enough bitcoin for yourself and hodli.

People that only buy Bitcoin ones and hold it for a very long period of time are those who already have a lot of money. They buy aggressively with a very huge amount of money they can afford from their discretionary income. But when someone who doesn't have a very huge amount of money buy ones it will be very little amount and it will take decades for the person to make a good amount of profit from it. Imagine when someone buys Bitcoin with just $100 and hold for 10 years without adding more to it, even though Bitcoin reaches $200,000k in the future the profits will be very small compared to those who used huge amount of money to buy and hold.
I'm not trying to say it's wrong for an investor to buy Bitcoin with a small amount of money and hold for long term, what I'm only saying is that they won't make reasonable amount of profit from it compared to an investor who bought Bitcoin with a very huge amount of money.

I’m not saying you’re not right but we need to understand something, those who are now investing big, started from small. You sounded as if the amount they’re investing with doesn’t really matter which is not cool by me.
Firstly you need to understand that profit isn’t only about how big it is, it’s about growth rate. If a person invest with $100 and get $1,000, it’s still a big win. You’re very correct on this, If an investor invested without adding money once in a while, the outcome will not be compared to that of the big investors. But if gradually he adds money always no matter the account the outcome will be meaningful. So, those who are investing small  need to be patience and have a good strategy, they will surely get to that level.

Of course a person who bought $100 in bitcoin in 2011 when bitcoin was $2 each (and got 50 BTC) would be in a different position from the guy who bought $100 in 2015 when bitcoin was $250 (and got 0.4 BTC) versus the guy in early 2019 who bought $100 when bitcoin was around $4k and got 0.25 BTC.

I am not much of a fan of the buying bitcoin on one time scenario, even though such a buying one time could still work with reasonably decent benefits in bitcoin with a long enough time horizon.

[Patrol69]

We do not need to establish back up funds and/or an emergency fund prior to getting started investing in bitcoin so long as we know that we have discretionary funds available, so surely we have to have some back up funds in order to have some assurance that whatever we put into bitcoin is not going to end up being needed for our expenses prior to the next time that we are paid.

I would imagine that even guys who start out investing into bitcoin with low levels of back up funds, they will build them over time at a rate that is similar to their level of investing into bitcoin, yet how much they build their back up funds (or what pace) remains within their own calculation concerning what they consider to be reasonable in regards to their own anticipated future cashflows, whether regular or not.

Many times there is a misunderstanding among investors about these issues and I think you have discussed it very realistically. It is not mandatory to form an emergency fund before starting an investment, but rather the most important step is to start investing.

Therefore, if the investor starts investing considering his position and income, it will be the right decision for him. Investors should first understand what discretionary income is for them, basically the money that is left after all expenses, that is, the money that is not dependent on any need, is called discretionary income. Therefore, if the investor understands his discretionary income and continues to invest continuously, then investing in Bitcoin can be reasonable even if the backup fund is small.
However, as you said, there needs to be at least some financial buffer, so that in bad times there may be a need or so that one does not have to sell their investment suddenly, but many investors strengthen their backup fund along with continuous investment, but strengthening this backup fund will depend entirely on the income of that investor. If the investor's income is good and he can build his backup fund in a strong way, then it will give more security to his investment.

If we consider emergency fund as a strict rule along with investment, then investment can be difficult for us, but if we understand our income and invest along with building emergency fund, then it will be better for our investment.

[ZeroVinsonN]

The role of discretionary income in Bitcoin investment is extensive, if you do not depend on discretionary income then you may face investment problems. For this we must have prior preparation, where we can use emergency funds. Because to keep Bitcoin investment going according to the DCA method, we must form an emergency fund, using this emergency fund we can undoubtedly move forward with Bitcoin investment in the future.
So in addition to Bitcoin investment, if we form an emergency fund and invest in Bitcoin with discretionary income, we will be able to reach the destination as planned without facing any kind of danger.

It’s very important to have a discretionary income in order not to depend on the money we can use to solve other problems. This is the reason why some people face a lot of challenges during their accumulation journey, the discretionary income and the emergency funds are very important. Having the emergency funds allow us to stay consistent with the buying, we won’t be won’t have any doubts or touch our holding me when we encounter any challenges.

Moreover, we need to maintain a strong plan to be able to achieve our goal. if you don’t set aside a discretionary income, you will reach a point where you won’t be able to buy again, you will find it difficult due to some personal challenges, like using money that is meant for other things. In some cases you might be forced to sell your bitcoin because you have no other options to take care of the situation.

Bitcoin investment only works if you have the discretionary income to fund it with but setting aside discretionary income will not be easy if your expenses are already burning through everything you make, most people think that the discretionary income works the same way the emergency fund works in the sense that you can just decide how much of your discretionary income you want to save for emergency but you can not get discretionary income from your earnings the same way you get your emergency fund from your discretionary income, you have complete autonomy on how much of your discretionary income becomes emergency fund but you don't have that kind of autonomy on how much of your earnings become discretionary income.

[JayJuanGee]

We do not need to establish back up funds and/or an emergency fund prior to getting started investing in bitcoin so long as we know that we have discretionary funds available, so surely we have to have some back up funds in order to have some assurance that whatever we put into bitcoin is not going to end up being needed for our expenses prior to the next time that we are paid.

I would imagine that even guys who start out investing into bitcoin with low levels of back up funds, they will build them over time at a rate that is similar to their level of investing into bitcoin, yet how much they build their back up funds (or what pace) remains within their own calculation concerning what they consider to be reasonable in regards to their own anticipated future cashflows, whether regular or not.

Many times there is a misunderstanding among investors about these issues and I think you have discussed it very realistically. It is not mandatory to form an emergency fund before starting an investment, but rather the most important step is to start investing.

Therefore, if the investor starts investing considering his position and income, it will be the right decision for him. Investors should first understand what discretionary income is for them, basically the money that is left after all expenses, that is, the money that is not dependent on any need, is called discretionary income. Therefore, if the investor understands his discretionary income and continues to invest continuously, then investing in Bitcoin can be reasonable even if the backup fund is small.
However, as you said, there needs to be at least some financial buffer, so that in bad times there may be a need or so that one does not have to sell their investment suddenly,

I have a little bit of a presumption that many normal people, even poor people, will have 2- 6 weeks of some kinds of extra funds to cover shortages in income and/or increases in expenses, so many folks are not going to be operating without absolutely no safety cushion.

And, even though I understand that there exists some folks who are completely irresponsible in regards to their own finances and psychology and they are almost perpetually in an emergency status because they have no back up funds, and perhaps those kinds of folks are not quite ready to get started investing into bitcoin because they cannot really have any level of confidence that they have discretionary funds available at any given time so in that regard they don't have shit in terms of savings and maybe they are not really even trying to keep track of whether they have enough money or not, except they know if they have some money in their wallet at the moment....

At the same time, we could presume a person who has absolutely nothing.. so that is kind of the worse case scenario of someone who has discretionary funds but nothing saved or in reserves beyond the amount that he was just paid, and let's say that every two week he receives right around $400 and he has $300 in basic expenses.. So if we realize that he has to make the $100 last until his next paycheck (which is in two weeks), then we might well presume that he could divide the discretionary funds into 3 parts, and he can invest $33.33, he can put $33.33 into his back up funds and he can discretionarily consume $33.33.

So then in the very beginning he hardly has shit invested into bitcoin and he harldy has shit in his back up funds.. but if he keeps doing the same thing for 1 year, then after a year (26 2-week pay periods), he would have had invested right around $866 into bitcoin, he would have had built his back up funds to $866 and he would have had discretionarily consumed $866.

I would argue that after a year, he is in way better of a position than he had been in at the beginning of the year, and yeah, maybe I am presuming an attempt at discipline and organization, and surely each person can do whatever they like, even though if the guy has $100 in discretionary funds every 2 weeks, then there are likely ways that he can improve his situation, even if he is starting out his adventure in investing into bitcoin without any back up funds, but after a year, he built up his situation, and if he actually built up to $866, then he would have had gotten to right around 1.5 months of expenses, since in this hypothetical his expenses are $300 every two weeks which is about $650 per month... So, he is not necessarily in a robust position, even though it appears that if he would follow such a system (practice) he would be improving his situation little by little based on his income/expenses situation, and perhaps he could also be incentivized to figure out if there might be ways that he can improve his discretionary income by increasing his income and/or cutting his expenses.

but many investors strengthen their backup fund along with continuous investment, but strengthening this backup fund will depend entirely on the income of that investor. 

Of course, he needs discretionary funds to do it, and if the discretionary funds are really small, then it might be difficult to figure out a way to invest and/or to build back up funds...

If the investor's income is good and he can build his backup fund in a strong way, then it will give more security to his investment.

If the guy had not been building up his back up funds prior to learning about bitcoin, I don't see any reason why he should be giving more emphasis to his back up funds rather than his bitcoin investment, even though surely, it is the case that each person has to figure out how much priority to give to bitcoin investing, back up funds and/or discretionary consumption.  If  10 years pass and they figure out that they fucked up by investing too much or too little, they are not going to be able to get redos... so yeah, there are consequences to choices, even though each person is responsible to figure out how much to put into each category.. .in other words, he is choosing how aggressive or whimpy he is going to be in regards to his bitcoin investment and those are totally choices that he is able to make and he needs to make... and choosing a lot or choosing a little are choices.. and choosing none is a choice, too, especially if discretionary funds might be available.

If we consider emergency fund as a strict rule along with investment, then investment can be difficult for us, but if we understand our income and invest along with building emergency fund, then it will be better for our investment.

It seems that people are going to be starting from where they are at, and if they never had any back up funds their whole life, then they might think that they are able to go forward in investing into bitcoin without any back up funds, yet if they take that path, then the bitcoin ends up serving as their back up funds.... so I would suggest that when guys are investing into bitcoin, one fo the main purposes of creating and/or building back up funds is to protect the bitcoin investment, and if they engage in practices in which they are purposefully or negligently not protecting their bitcoin, then it seems likely that they are not going to be able to build and hold onto their bitcoin for 4-10 years or longer, which it seems to me that anyone investing in bitcoin should establish a bitcoin building and holding timeline that is 4-10 years or longer, even if they might not be ready, willing and/or able to establish their 4-10 year investment timeline in the very beginning when they first get started buying bitcoin. 

I don't recommend trying to trade (gamble) with bitcoin, and in order to invest in bitcoin rather than trade(gamble) the timeline needs to be 4-10 years or longer, otherwise from my point of view, if the timeline is less than 4 years, there would be a presumption that what they are doing is trading/gambling rather than investing.