JJG’s Outline of Bitcoin Investment Ideas

[Princess Leah]

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

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.

Perfect example of starting gradually. To some, starting with such amount is too small, maybe because they heard or seen news on the of people investing with bigger amount so they think the best approach is to wait till they generate more income so ithey increase their discretionary funds but they're wrong. Some people can't differentiate between whales and shrimps or realise that they could start gradually, we all can't be on the same level financially that's why all investors expenses for Bitcoin (discretionary income) should be according to their income.

 The volatility of bitcoin can be very unpredictable, instead of waiting which might likely take longer depending on the investor's capacity to generate income, even if investor is able to generate more within a short time frame of months or a year it's still not good enough to wait, nothing is wrong in starting gradually with that amount then increase it when an avenue to get more funds is secured.

[The Founding Titan]

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.

Is that withdrawal sustainable? Overlooking how much 10% of bitcoin is right now let's assume the 0.1btc you sold will sustain you for a year, will you be able to successfully make another 10% withdrawal the next year and the value of the bitcoin you have left will still be relatively the same or even higher than ehsn you made your first withdrawal? One of the mistakes that can wreck a bitcoin investor is for them to misunderstand when they've hit over-accumulation, some people claim to have reached their over-accumulation level and start selling only to realize that they haven't even hit over accumulation yet, if you somehow decide to stop accumulating bitcoin and start selling then don't confuse it with having reached over-accumulation.

[Tongley]

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.

Is that withdrawal sustainable? Overlooking how much 10% of bitcoin is right now let's assume the 0.1btc you sold will sustain you for a year, will you be able to successfully make another 10% withdrawal the next year and the value of the bitcoin you have left will still be relatively the same or even higher than ehsn you made your first withdrawal? One of the mistakes that can wreck a bitcoin investor is for them to misunderstand when they've hit over-accumulation, some people claim to have reached their over-accumulation level and start selling only to realize that they haven't even hit over accumulation yet, if you somehow decide to stop accumulating bitcoin and start selling then don't confuse it with having reached over-accumulation.

If a person has achieved the goal and if he sees that his investment is at a profitable level, he can withdraw some amount from the profit and enjoy it. But if a person wants to withdraw the entire amount or more than half of it instead of withdrawing a small amount, then this is not the right decision at all.

It is not possible to say now what the price of Bitcoin will be when he withdraws the second time. The Bitcoin market is very volatile and it is not possible to say when and under what conditions the price of Bitcoin will be. If the price of Bitcoin was 50 thousand dollars when the first time Bitcoin was sold and if it was 100 thousand dollars at the time of the second sale, then the second sale will definitely get more money.

It is entirely our responsibility to keep track of whether we have reached excess savings or not. If we take the wrong decision without being able to properly monitor or account for our investment, then it is our failure. We can understand whether we have reached the point of excess savings by looking at the date of our first purchase and what our goal was.

[Sticky Bomb]

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.

The backup funds should be built if the investor is interested in holding for long and your emergency fund is necessary it is built out to be at least 3 months worth of our expenses. Every investor builds their emergency fund from their discretionary income regardless of their income strength, there is no such thing like having a weak backup fund because you don't have a lot of discretionary income.

3 months worth of expenses budget for a high income earner would possibly be higher than that of a low income earner, so each of them builds according to their available discretionary income and expenses budget and an investor should not manufacture an excuse to have a weak backup fund, else he is leaving his portfolio fragile and could be tapped into if emergencies occurs.

It is a good cashflow management practice if an investor builds out his emergency fund to the acceptable standard, no matter how long it takes him to arrive at such a standard, which may take more than a year or so, since it protects his portfolio and the investor have better chances of being able to hold for a long-term.

[Grease5000]

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

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.

Perfect example of starting gradually. To some, starting with such amount is too small, maybe because they heard or seen news on the of people investing with bigger amount so they think the best approach is to wait till they generate more income so ithey increase their discretionary funds but they're wrong. Some people can't differentiate between whales and shrimps or realise that they could start gradually, we all can't be on the same level financially that's why all investors expenses for Bitcoin (discretionary income) should be according to their income.

 The volatility of bitcoin can be very unpredictable, instead of waiting which might likely take longer depending on the investor's capacity to generate income, even if investor is able to generate more within a short time frame of months or a year it's still not good enough to wait, nothing is wrong in starting gradually with that amount then increase it when an avenue to get more funds is secured.

I think there’s a slight misunderstanding it’s not that the amount doesn’t matter, it’s that the discipline behind the amount matters more over time. From a long-term investor’s perspective, what truly builds a meaningful position in Bitcoin isn’t starting big, but starting consistently and staying committed. If someone only has $10–$15 of discretionary income, that amount is not insignificant it represents their current financial reality, and investing within that reality is what keeps the journey sustainable.

Waiting to have more often sounds logical, but in practice it delays exposure to an asset that rewards time in the market, not timing the market. Bitcoin’s volatility is unpredictable, and trying to perfectly time a larger entry later can easily result in missed opportunities. Starting small allows an investor to begin accumulating, learning, and building conviction early.

Also, every investor operates at a different level comparing shrimps  to whales misses the point. What matters is not the size of the entry, but the consistency of accumulation relative to one’s income. A small, steady approach compounded over years is far more powerful than waiting indefinitely for the perfect moment or a larger lump sum.

In the long run, increasing income is important, but it shouldn’t come at the cost of delaying participation. The smarter approach is to start with what you have, stay consistent, and scale up as your financial capacity improves. That way, you’re not just preparing to invest you’re already in the process, building position and experience at the same time.

[Arenga pinnata]

If a person has achieved the goal and if he sees that his investment is at a profitable level, he can withdraw some amount from the profit and enjoy it. But if a person wants to withdraw the entire amount or more than half of it instead of withdrawing a small amount, then this is not the right decision at all.

It is not possible to say now what the price of Bitcoin will be when he withdraws the second time. The Bitcoin market is very volatile and it is not possible to say when and under what conditions the price of Bitcoin will be. If the price of Bitcoin was 50 thousand dollars when the first time Bitcoin was sold and if it was 100 thousand dollars at the time of the second sale, then the second sale will definitely get more money.

It is entirely our responsibility to keep track of whether we have reached excess savings or not. If we take the wrong decision without being able to properly monitor or account for our investment, then it is our failure. We can understand whether we have reached the point of excess savings by looking at the date of our first purchase and what our goal was.

Well yeah, everyone has different goals when they invest in Bitcoin. Some people invest strictly for the medium term, for example, accumulating during a bear market and gradually selling off during a bull market, or when they’ve made enough profit and want to enjoy it.

And there are also those who invest in Bitcoin for the long term, some even plan to pass it on to their children someday. I even have a friend who invests in Bitcoin to achieve financial freedom in the future, so he consistently accumulates more whenever he has extra money after covering all his needs. And of course, having the goal of future financial freedom means a long-term investment of more than 10 years, perhaps even more than 20 years. And throughout that time, they must accumulate consistently, whether through DCA or other methods, whichever they prefer. And I don’t think someone like this would even consider selling immediately, even when significant profits are already visible. Because they’ll be fully focused on the long term, which they believe will yield far greater returns.

Usually, only those who invest for the medium term that is, less than 10 years have the mindset to enjoy profits every time they make a gain, such as when BTC reached an ATH this season. That’s fine as long as it aligns with their original goals from the start.

[Rockson1]

Perfect example of starting gradually. To some, starting with such amount is too small, maybe because they heard or seen news on the of people investing with bigger amount so they think the best approach is to wait till they generate more income so ithey increase their discretionary funds but they're wrong. Some people can't differentiate between whales and shrimps or realise that they could start gradually, we all can't be on the same level financially that's why all investors expenses for Bitcoin (discretionary income) should be according to their income.

 The volatility of bitcoin can be very unpredictable, instead of waiting which might likely take longer depending on the investor's capacity to generate income, even if investor is able to generate more within a short time frame of months or a year it's still not good enough to wait, nothing is wrong in starting gradually with that amount then increase it when an avenue to get more funds is secured.

Some investors have this thinking that Bitcoin investment is a competition and I think that is where they got all wrong, there is no competition in it rather what we all need to carry out our bitcon investment is our discretionary income, this income comes from the source of our income after we have done our major expenses like, basic needs, the left over that may not be needing for anything is what should be invested in Bitcoin, if an investor is very mean and calculated, figuring out this fund will be an easy thing for him to do, there is no amount that is bad to invest in Bitcoin with as far as that is our discreationary income what is now left for us as investors to do is to keep trying hard to get an improved source of income that help in increasing our discretionary but the mean thing is for us to start with the available discreationary income.

[DubemIfedigbo001]

If a person has achieved the goal and if he sees that his investment is at a profitable level, he can withdraw some amount from the profit and enjoy it. But if a person wants to withdraw the entire amount or more than half of it instead of withdrawing a small amount, then this is not the right decision at all.

It is not possible to say now what the price of Bitcoin will be when he withdraws the second time. The Bitcoin market is very volatile and it is not possible to say when and under what conditions the price of Bitcoin will be. If the price of Bitcoin was 50 thousand dollars when the first time Bitcoin was sold and if it was 100 thousand dollars at the time of the second sale, then the second sale will definitely get more money.

Hey Tongley, believe me this is not an investment procedure, rather a trading activity. Withdrawing profits from your portfolio is a very bad investment practice. Investment into bitcoin should be about your consistency and commitment to regular buys and increasing your portfolio, having your accumulation target in mind and going long-term with holding it.
It is not a time to be monitoring you investment for quick profit-taking, if you are doing that, then I doubt you are going to get good results from you investment journey since you would be selling much BTC too soon. If this is the main aim you ventured into bitcoin, then you are in with a wrong perception about bitcoin and it is worth changing so you can have a successful investment. Your priorities matter in your investment journey, a real investor should prioritize building out a sizable portfolio for himself and holding for long because bitcoin is better off when invested into, rather than when traded.

You should only withdraw from you portfolio when your holding period have terminated, then you can choose between either time-based or price-based sustainable withdrawal strategies to sustainably withdraw from your portfolio.

[Emjay24]

If a person has achieved the goal and if he sees that his investment is at a profitable level, he can withdraw some amount from the profit and enjoy it. But if a person wants to withdraw the entire amount or more than half of it instead of withdrawing a small amount, then this is not the right decision at all.

It is not possible to say now what the price of Bitcoin will be when he withdraws the second time. The Bitcoin market is very volatile and it is not possible to say when and under what conditions the price of Bitcoin will be. If the price of Bitcoin was 50 thousand dollars when the first time Bitcoin was sold and if it was 100 thousand dollars at the time of the second sale, then the second sale will definitely get more money.

It is entirely our responsibility to keep track of whether we have reached excess savings or not. If we take the wrong decision without being able to properly monitor or account for our investment, then it is our failure. We can understand whether we have reached the point of excess savings by looking at the date of our first purchase and what our goal was.

Well yeah, everyone has different goals when they invest in Bitcoin. Some people invest strictly for the medium term, for example, accumulating during a bear market and gradually selling off during a bull market, or when they’ve made enough profit and want to enjoy it.

And there are also those who invest in Bitcoin for the long term, some even plan to pass it on to their children someday. I even have a friend who invests in Bitcoin to achieve financial freedom in the future, so he consistently accumulates more whenever he has extra money after covering all his needs. And of course, having the goal of future financial freedom means a long-term investment of more than 10 years, perhaps even more than 20 years. And throughout that time, they must accumulate consistently, whether through DCA or other methods, whichever they prefer. And I don’t think someone like this would even consider selling immediately, even when significant profits are already visible. Because they’ll be fully focused on the long term, which they believe will yield far greater returns.

Usually, only those who invest for the medium term that is, less than 10 years have the mindset to enjoy profits every time they make a gain, such as when BTC reached an ATH this season. That’s fine as long as it aligns with their original goals from the start.

Buying low and selling high is not investing into bitcoin, it is trading, bitcoin should be approached with a long-term holding plan of 4 - 10 years or longer depending several factors including how young you were when you got into it, age/health or other factors.
Our investment into bitcoin should never be about going in and out with respect to seasons, there is no guarantee that you would be buying back cheaper even if you make little profits at a new ATH, You seem to be ignoring the possibility of a bigger profitability that comes from the price of bitcoin compounding upon itself on your investment after going long-term in it. You are rather trying to settle for peanuts that you get in selling high and you still ignore the risk of loosing your portfolio when you end up not being able to buy back at the low price you thought would come by.

When you commit to buying low and selling high, you are gambling with your portfolio and chances are that you would end up with very fewer bitcoin after a long while and end up regretting gambling with your portfolio when you should have remained committed with consistently investing in it and having a descent portfolio for yourself.

[Rockstarguy]

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.

You are not correct; you are trying to say that people who invest the little they can consistently don't have the benefit of making better profits compared to those who invest large amounts of money at one time. This is not true. For those who earn low and can only afford to invest the little they can, they can still accumulate a good amount of Bitcoin consistently and have a strong chance of making a good profit by holding. The only thing that can prevent one from achieving better profits is a lack of seriousness about the investment.

If you are accumulating Bitcoin and being consistent, no matter how small the amount you buy, and you are willing to hold it, you will definitely see a better profit. Making a good profit from Bitcoin investment is not just about how big the amount you invest is; small amounts that are constantly invested can also yield good profits in Bitcoin.

[yudi09]

You are not correct; you are trying to say that people who invest the little they can consistently don't have the benefit of making better profits compared to those who invest large amounts of money at one time. This is not true. For those who earn low and can only afford to invest the little they can, they can still accumulate a good amount of Bitcoin consistently and have a strong chance of making a good profit by holding. The only thing that can prevent one from achieving better profits is a lack of seriousness about the investment.

This investment can be done by anyone so what I need to say is how can someone with a very limited income do it? This doesn't mean that those who invest little by little are wrong, but rather that they continue to do it. However they are simply stuck with what they have. This is certainly different from those who invest in a single amount and do it in various ways. For those who invest in large amounts they certainly have maximum sources of income so it's natural for them to do it that way.

The difference is that for those who do it little by little, the income they will get from the profits is definitely different from those who do it in large amounts so this is what makes a little difference in getting profits because each person who does it in different amounts or different ways so when there is a profit they will also have different results. And the most important thing for us now is that there is no need to say that what someone does is wrong because if they have the same source of income of course they will also do what someone does with the same amount and size.

[NewRevelation]

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.

That an investor buys Bitcoin using the lump sum strategy with a huge amount of money doesn't mean that the ones who buys in little amounts wouldn't also make profit if they remain consistent and HODL for long term. Of course, an investor can take any approach thats suitable for him, but the DCA strategy has proven a lot more sustainable and encourages consistency since it's allows you to continually invest in Bitcoin with the little amount of discretionary you have. Instead of waiting a whole year or month or so to invest again using the lump sum, its best you just consistently buy Bitcoin using the DCA continually. One thing sure is that, consistency pays. So an investor who buys Bitcoin in little amounts but consistently, for a long term and HODLs, will certainly make something tangible out of his Bitcoin investment. Consistency is the key and it's very important we stay focused no matter if you are buying in little amounts using the DCA

[Nightwatchmare]

I think the key is to be adaptable and know your financial situation. The overaccumulation stage is a good time to sell, but not everyone has the luxury of a perfect world. A person could hold onto Bitcoin for a long time. discipline themselves but not reach this point. due to low income or other commitments. If they need to sell some of their investment for an important reason. I would not consider that as trading. Trading normally includes short-term price actions and continuous buying and selling, while long-term investors selling for a good reason are simply making their financial decisions. It should be about sustainability, not dogmatism.

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 think it is unwise for investors to create or set a time frame for the amount of profit they intend to make in a giving time frame because it is not realistic since they do not know what the Bitcoin price would will be in the time frame they set for themselves and if they do not make the profit they want in the time frame they set for themselves, it could make them sell their entire Bitcoin holding for not achieving their targeted profit. Everyone should invest in Bitcoin without setting any time frame of getting a certain profit in a giving period, because Bitcoin does not work in our own way and it could take longer than we expect for Bitcoin to give us reasonable amount of profit.

[sotelorene]

I think the key is to be adaptable and know your financial situation. The overaccumulation stage is a good time to sell, but not everyone has the luxury of a perfect world. A person could hold onto Bitcoin for a long time. discipline themselves but not reach this point. due to low income or other commitments. If they need to sell some of their investment for an important reason. I would not consider that as trading. Trading normally includes short-term price actions and continuous buying and selling, while long-term investors selling for a good reason are simply making their financial decisions. It should be about sustainability, not dogmatism.

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 think it is unwise for investors to create or set a time frame for the amount of profit they intend to make in a giving time frame because it is not realistic since they do not know what the Bitcoin price would will be in the time frame they set for themselves and if they do not make the profit they want in the time frame they set for themselves, it could make them sell their entire Bitcoin holding for not achieving their targeted profit. Everyone should invest in Bitcoin without setting any time frame of getting a certain profit in a giving period, because Bitcoin does not work in our own way and it could take longer than we expect for Bitcoin to give us reasonable amount of profit.

First of all setting time frame for the amount of profit or gain someone intend to make is trading itself and it is not the discussion here and secondly it is not unwise but rather is humanly impossible to predict that kind of thing and expect it to work exactly as expected or planned though sometimes some traders still get right speculation but not really exact that is why they also make profit sometimes but the chances and possibilities of getting the exact speculation is very slim that is why we should stick to buying and HODLing because it is the best approach in Bitcoin investment.

[Emjay24]

One of the mistakes that can wreck a bitcoin investor is for them to misunderstand when they've hit over-accumulation, some people claim to have reached their over-accumulation level and start selling only to realize that they haven't even hit over accumulation yet, if you somehow decide to stop accumulating bitcoin and start selling then don't confuse it with having reached over-accumulation.

Reaching over accumulation is not necessarily a time to start selling your bitcoin in a hurry, you can still remain in overaccumulation phase until the termination of your holding period. It is a big flex to surpass your target, but it would be a wrong approach to sell a large part of your portfolio simply because you have reached over accumulation stage, the investor may realize he has messed things up for himself along the line and attempt buying back to get his portfolio size back up and the task of getting back to where he was may be more difficult and he may prefer if he had not made such mistake to withdraw a lot in a hurry.

When you reach overaccumulation, you do not necessarily have to keep buying if you don't wish, you can just hold until your holding period terminates and you start withdrawing sustainably from it. If you withdraw sustainably from your portfolio, then it can sustain you for longer, and your portfolio might keep appreciating in value as time progresses which would see you sustainably withdraw more value from it.

[Grace333]

That an investor buys Bitcoin using the lump sum strategy with a huge amount of money doesn't mean that the ones who buys in little amounts wouldn't also make profit if they remain consistent and HODL for long term. Of course, an investor can take any approach thats suitable for him, but the DCA strategy has proven a lot more sustainable and encourages consistency since it's allows you to continually invest in Bitcoin with the little amount of discretionary you have. Instead of waiting a whole year or month or so to invest again using the lump sum, its best you just consistently buy Bitcoin using the DCA continually. One thing sure is that, consistency pays. So an investor who buys Bitcoin in little amounts but consistently, for a long term and HODLs, will certainly make something tangible out of his Bitcoin investment. Consistency is the key and it's very important we stay focused no matter if you are buying in little amounts using the DCA

Investment in bitcoin should be based on your financial capabilities and the amount of discretionary income you have. Anything aside this isn't worth giving a try, what other people do should be a major concern to your investment. Anyone should move according to their pace and accumulate in accordance with their discretionary income. The most important thing is that you're investing, but if you have the capacity to increase your bitcoin investment probably if you've been holding back or if you can get another source of income like a side hustle then go ahead but ensure to avoid any unnecessary pressure from others.

[Sim_card]

Well yeah, everyone has different goals when they invest in Bitcoin. Some people invest strictly for the medium term, for example, accumulating during a bear market and gradually selling off during a bull market, or when they’ve made enough profit and want to enjoy it.

Usually, only those who invest for the medium term that is, less than 10 years have the mindset to enjoy profits every time they make a gain, such as when BTC reached an ATH this season. That’s fine as long as it aligns with their original goals from the start.

What will it benefit you to accumulate bitcoin and sell during the bull run just because of profits. Any action that will make me be a coiner from a low coiner will be avoided. Selling all your bitcoin and hold fiat if funny because you don't have any investment again and fiat depreciates overtime. What if the price didn't dip to your expected price to buy back.

This is pure trading and you will definitely regret your actions in future because you will be left with little or no bitcoin when bitcoin price will be very expensive. It's good to buy with DCA and have a bitcoin target to accumulate overtime and forget about short term profits because bitcoin has the exponential power to increase your portfolio overtime.

[UpTober]

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.

If we earn a lot of money in a month but on the contrary, if we cannot manage that money properly, then it will be seen that at the end of the month, far from getting discretionary income from that money, we will have to borrow more. Knowing the proper management of money is very important, those who understand proper management can save or continue investing even after earning a relatively small amount of money. It is not only rich people who are on the investment platform, but many middle-class employees or people from other professions are also involved in investing. Many people are not able to invest even after earning a lot of money, while many are able to invest continuously by earning a relatively small amount of money. No matter how much money we earn, we must have some plan of our own. If we plan that we will invest in Bitcoin, then somehow our money will be managed and through proper management, we will see that we have discretionary income at the end of the month or at the end of the week and only when we have discretionary income, we can start investing.

The step of starting an investment is very important, in the beginning many investors think that they may not be investing at the right time or that they should invest at the right time, thinking about these things and waiting for it, as a result of which it is seen that they are not able to invest even after waiting for a long time, but if an investor can start investing without thinking about all these things, then gradually the continuity of investment will come in him.

To ensure the continuity of investment, in addition to continuous investment, it is very important for investment to form an emergency fund from that discretionary income because this emergency fund will provide financial support to the investor in times of emergency, as a result of which the investor will not have to make a decision to sell the investment.

[Finebone]

Well yeah, everyone has different goals when they invest in Bitcoin. Some people invest strictly for the medium term, for example, accumulating during a bear market and gradually selling off during a bull market, or when they’ve made enough profit and want to enjoy it.

Usually, only those who invest for the medium term that is, less than 10 years have the mindset to enjoy profits every time they make a gain, such as when BTC reached an ATH this season. That’s fine as long as it aligns with their original goals from the start.

So you are saying that by accumulating consistently for a period of four years and selling everything during the bull run, and becoming a no coiner overnight is a goal or it's just trading?
Because I know that a true bitcoin investor have no business or will never sell off his Bitcoin investment when he has not gotten to his over accumulation status, talk less of becoming a no coiner overnight. So you need to understand that anyone that act in such a way is a trader, not a bitcoin investor as he claims, because it's only traders that act in such a way, not investors that is only thinking on how to build real wealth through his Bitcoin investment.

[Bright0515]

Well yeah, everyone has different goals when they invest in Bitcoin. Some people invest strictly for the medium term, for example, accumulating during a bear market and gradually selling off during a bull market, or when they’ve made enough profit and want to enjoy it.

This is same as dip hunting even though the methods are different or have a different names, the bold part of your comment makes it clear that you are trying to convince us that it's easy to time the market, meanwhile it's very difficult to time the market. One thing for sure is that doing this method will consume a lot of transactions fees during when you sell consistently or buy, another thing you should know is that in some countries, investors might get be taxed anytime they are selling (from their profits) and selling all the time will definitely consume a lot of money based on tax and transaction fee. Another thing you should be aware of is that if you seek off your assets or take huge amount of money from it, there's a probability that the price might rise at any moment, and it you sell of your Bitcoin you will lose a lot, you will definitely become emotional and regret your decisions, but if you sell a huge amount of money from your assets, you will be on a lesser profits. One important thing you should also know is that Bitcoin investment is not that easy because you need to invest with DCA method for a long period of time, and to do this you need to figure out your what and what are the necessary things to deal with (based on your survival) and you also need to keep some money for emergency, then you start investing into Bitcoin with your discretionary income. You need to be consistent and flexible (invest only when you have spare money), you also need to be discipline with it so you can be able to develop the habit of investment. So it's not as easy as you sound on the bold part of your comment, but using DCA method you will be able to develop the habit of investment.
From my little knowledge, I believe there's no guarantee anywhere because even though there's a bull run today don't be surprised that the market might crash within few hours, which is why it's not easy to time the market. From what I can tell her, you only talked about the advantage of this method but you didn't talk about the disadvantage for beginners to be aware of the risks.