JJG’s Outline of Bitcoin Investment Ideas

[Umulala-alala]

Buying can still be done but you must try to manage cash flow well first and discipline yourself in your financial management because I believe when someone wants to try to invest especially to be in bitcoin in the long run they must have a foundation in good cash flow first

The bold part of your comment seems wrong because based on my little knowledge, I believe that it's not compulsory to acquire a huge cash flow before you/anyone can start buying Bitcoin. If you think it's compulsory then it obvious that you neglect the importance of starting small. There are so many Bitcoin folks today that started buying Bitcoin during the period of time that their cash flow was very low, but a long the process of accumulating more Bitcoin they also created opportunity in other to increase their cash flow.
So what I'm trying to say here is that it's important to start small and it's not mandatory for beginners to have a stable income flow or huge cash flow before they can start buying Bitcoin because that's literally one of the thing that keeps a lot of people from procrastinating and at the end they eventually end up not investing at all. So it's important to start with your little cash flow, the necessary thing to do is invest into Bitcoin through your discretionary income.

Actually the bold part of your comment seems wrong because from my own perspectives you only talked about preparation but the question is what are you preparing for if you can not investing with your little cash flow during the process process of creating another means of generating income.

You must be able to distinguish between huge and good cash flow in this case.
Huge cash flow cannot necessarily make us have good cash flow because in this case large or small is not a measure but it is different when we run a good cash flow where we can put the initial position of the money we have for some basic needs and discretionary funds that we have.
So with this when we have good cash flow (not huge as you notice) we will not have a gap to stop buying because we have prepared the money you want to buy for bitcoin from the start and it does not interfere with other needs including basic needs because what we use comes from the discretionary funds we have.

It's not about having a good cash flow or a huge cash flow the most important thing is having a discretionary income that allows you to invest in bitcoin outside money for your basic needs. Besides aren't you aware that there are people who earn money but have no discretionary income to spare for bitcoin investment? There are persons with good cash flow or huge cash flow with lots of debts and mortgages that they end up not having discretionary income. However it's more important to direct our focus to discretionary than looking at the overall cash flow, though if a folk has good or huge cash flow with wide discretionary income it would definitely be an added advantage to his accumulation because he has the luxury to frontload his investment yet, it's not a necessity that everyone must have good cash flow before they can invest in bitcoin, even the poor has a place in bitcoin provided they have discretionary income irrespective of its size.

Having a huge cash flow or cash flow necessary if actually you want to invest in Bitcoin, it is not an obstacle for you not investing in Bitcoin, no newbies should wait until he have a huge cash flow or cash flow as you may call it before thinking of investing, and there no one preventing you from not having a huge or cash flow, what is necessary now, is how you can use that money you meant to be saving in the bank and invest in Bitcoin.

You mean anyone with out a good cash flow shouldn't think of investing in bitcoin? I think you are wrong here new investor don't have to wait till they have a huge cash flow before they can start buying bitcoin or investing in bitcoin don't get new investor mislead here where by they need to wait first to be rich before they start building there bitcoin portfolio, there is need to increase our cash flow when investing in bitcoin but this doesn't mean that if you don't have a stable income yet that you can't invest in BTC if an investor can figure out his discretionary income he can invest in bitcoin for you have to have a discretionary income to get started with your bitcoin investment and think of increasing your cash flow as you continue using the the dca strategy to buy bitcoin and hodl for long.

[Sticky Bomb]

we cannot be completely confident about how long the BTC price will stay within a certain price range or whether the next breakout will be upward or downward. If we have a fairly strong idea of  the direction . we can adjust our behavior according to our expectations. But even then  we can be wrong. This is why the price can go in any direction, even the opposite of our expectations. We should always be financially or psychologically prepared for this possibility.

We don't need to adjust our activities our strategy based on the price, if we do so, we're timing the market to probably buy a dip instead of remaining consistent with our regular purchases. The adjustment should be made based on our cashflow and our abilities and not because of the price range, for example we can increase our buying amount because we've an income increase or because we were able to cut down certain expenses and could free more income for buying. The focus should be on how to remain consistent and be able to increase our buying amounts and/or our aggressiveness into bitcoin from our comfort zone and not because we are expecting a price decline, else we're gradually drifting towards the trading mentality.

In particular, the impact depends more on the level of our own aggressiveness and savings status. In the early stages of Bitcoin accumulation, most people focus on continuously saving through purchases and will not take much of a break from their savings. They may only take a break if their income decreases or their expenses increase, and then sometimes they can take some steps to increase their income or reduce their expenses. Everyone has to find a solution to this, whether they will continue to buy continuously or change their strategy and stop buying continuously.

If your income decreases, but you still have discretionary income from it, then you may want to cut down your buying amounts to suit your new cashflow, if you cannot identify to having discretionary income anymore, the best shot is to stop buying and continue holding so you don't use money meant for your expenses or use your backup fund to sustain your periodic buys, at least until you're able to get back to earning higher and being able to identify to having discretionary income.

[Alonso_]

Buying can still be done but you must try to manage cash flow well first and discipline yourself in your financial management because I believe when someone wants to try to invest especially to be in bitcoin in the long run they must have a foundation in good cash flow first

The bold part of your comment seems wrong because based on my little knowledge, I believe that it's not compulsory to acquire a huge cash flow before you/anyone can start buying Bitcoin. If you think it's compulsory then it obvious that you neglect the importance of starting small. There are so many Bitcoin folks today that started buying Bitcoin during the period of time that their cash flow was very low, but a long the process of accumulating more Bitcoin they also created opportunity in other to increase their cash flow.
So what I'm trying to say here is that it's important to start small and it's not mandatory for beginners to have a stable income flow or huge cash flow before they can start buying Bitcoin because that's literally one of the thing that keeps a lot of people from procrastinating and at the end they eventually end up not investing at all. So it's important to start with your little cash flow, the necessary thing to do is invest into Bitcoin through your discretionary income.

Actually the bold part of your comment seems wrong because from my own perspectives you only talked about preparation but the question is what are you preparing for if you can not investing with your little cash flow during the process process of creating another means of generating income.

You must be able to distinguish between huge and good cash flow in this case.
Huge cash flow cannot necessarily make us have good cash flow because in this case large or small is not a measure but it is different when we run a good cash flow where we can put the initial position of the money we have for some basic needs and discretionary funds that we have.
So with this when we have good cash flow (not huge as you notice) we will not have a gap to stop buying because we have prepared the money you want to buy for bitcoin from the start and it does not interfere with other needs including basic needs because what we use comes from the discretionary funds we have.

It's not about having a good cash flow or a huge cash flow the most important thing is having a discretionary income that allows you to invest in bitcoin outside money for your basic needs. Besides aren't you aware that there are people who earn money but have no discretionary income to spare for bitcoin investment? There are persons with good cash flow or huge cash flow with lots of debts and mortgages that they end up not having discretionary income. However it's more important to direct our focus to discretionary than looking at the overall cash flow, though if a folk has good or huge cash flow with wide discretionary income it would definitely be an added advantage to his accumulation because he has the luxury to frontload his investment yet, it's not a necessity that everyone must have good cash flow before they can invest in bitcoin, even the poor has a place in bitcoin provided they have discretionary income irrespective of its size.

Having a huge cash flow or cash flow necessary if actually you want to invest in Bitcoin, it is not an obstacle for you not investing in Bitcoin, no newbies should wait until he have a huge cash flow or cash flow as you may call it before thinking of investing, and there no one preventing you from not having a huge or cash flow, what is necessary now, is how you can use that money you meant to be saving in the bank and invest in Bitcoin.

You’re very correct, having a huge cashflow is not a criteria for getting started in investing in Bitcoin, what is mostly important and we can say that it’s a necessity is actually having some money to keep buying bitcoin more efficiently and that is a discretionary money, when you get started it gives you an opportunity to stay consistent, well if you can increase your cashflow then that is fine and good for you that you’re getting started in also working in your cashflow and that would obviously help to increase your numbers of buying bitcoin instead of staying stagnant, so as an investor or a newbie that have a huge cashflow that is also good and doesn’t stop anyone from getting started and that isn’t a criteria for getting started, you can still start buying little by little on a consistent basis, which is also more efficient.

[OsaiEmma]

You’re very correct, having a huge cashflow is not a criteria for getting started in investing in Bitcoin, what is mostly important and we can say that it’s a necessity is actually having some money to keep buying bitcoin more efficiently and that is a discretionary money, when you get started it gives you an opportunity to stay consistent, well if you can increase your cashflow then that is fine and good for you that you’re getting started in also working in your cashflow and that would obviously help to increase your numbers of buying bitcoin instead of staying stagnant, so as an investor or a newbie that have a huge cashflow that is also good and doesn’t stop anyone from getting started and that isn’t a criteria for getting started, you can still start buying little by little on a consistent basis, which is also more efficient.

But then again, the definition of 'huge cash flow' varies from person to person. D idea is about having a good enough cash flow that after solving ur problems, can still have what u keep by d side. But I do always see savings as a mandatory thing to do with my funds. If after settling my bills, I save a particular amoun I intend to savet, if that amount is not realized, and there is no excess after saving that amount, I don't invest.

If maybe after sometimes, I feel like ok, the savings is up to a point I can afford to invest, then I'll deep my hands into it and invest, I don't call my savings a discretionary funds at all, it is completely different, it is like a must, but it is not at the top of my priorities, bills and debts are.

I feel it is really unwise to go into a long term investment being in debt or having pilled up bills, I think it is also not a good idea to me personally if I don't have any savings and I'm going into a long term investment, unless that investment will be bringing money to me ASAP. Long term investment here is an investment whose ROI will take a very long time.

[Big Dirams]

You’re very correct, having a huge cashflow is not a criteria for getting started in investing in Bitcoin, what is mostly important and we can say that it’s a necessity is actually having some money to keep buying bitcoin more efficiently and that is a discretionary money, when you get started it gives you an opportunity to stay consistent, well if you can increase your cashflow then that is fine and good for you that you’re getting started in also working in your cashflow and that would obviously help to increase your numbers of buying bitcoin instead of staying stagnant, so as an investor or a newbie that have a huge cashflow that is also good and doesn’t stop anyone from getting started and that isn’t a criteria for getting started, you can still start buying little by little on a consistent basis, which is also more efficient.

Having a huge amount of cash flow doesn’t guarantee a consistent accumulation of bitcoin instead what counts most is that we setting aside a discretionary income which will help us in consistent accumulation of bitcoin for future purposes. Even if we have huge amount of money if it won’t keep our consistent accumulation in check then such approach towards bitcoin investment would later run out because we would later end up missing out a lot of opportunities in the future because no more funds for steady accumulation so let make sure we have the discretionary funds set aside for constant accumulation and growth.

But then again, the definition of 'huge cash flow' varies from person to person. D idea is about having a good enough cash flow that after solving ur problems, can still have what u keep by d side. But I do always see savings as a mandatory thing to do with my funds. If after settling my bills, I save a particular amoun I intend to savet, if that amount is not realized, and there is no excess after saving that amount, I don't invest.

If maybe after sometimes, I feel like ok, the savings is up to a point I can afford to invest, then I'll deep my hands into it and invest, I don't call my savings a discretionary funds at all, it is completely different, it is like a must, but it is not at the top of my priorities, bills and debts are.

I feel it is really unwise to go into a long term investment being in debt or having pilled up bills  I think it is also not a good idea to me personally if I don't have any savings and I'm going into a long term investment, unless that investment will be bringing money to me ASAP. Long term investment here is an investment whose ROI will take a very long time.

I think you are getting this discretionary income confused and that not a smart idea. You made mention that “it unwise to go into a long term investment being in debt or having bills pilled up”.
Well let me remind about what discretionary income is all about I bet you have forgotten the real meaning of it. Discretionary income are funds that remains after sorting out our bills and necessities so investing with discretionary income shows that you have no bills untouched or no bills pilled up all have been settled.

 And also you assuming you can’t go into investing without your savings reaching some point then it just procrastination and in bitcoin investment procrastination isn’t what one showed priorities. Invest as soon as possible stop wasting time so long you have your discretionary income then start as soon as possible and no need for waiting for your savings to hit so certain figure with DCA we don’t need to wait we can start with the little we have and keep accumulating. No procrastination apply DCA and start as soon as possible mate.

[alankasman]

You’re very correct, having a huge cashflow is not a criteria for getting started in investing in Bitcoin, what is mostly important and we can say that it’s a necessity is actually having some money to keep buying bitcoin more efficiently and that is a discretionary money, when you get started it gives you an opportunity to stay consistent, well if you can increase your cashflow then that is fine and good for you that you’re getting started in also working in your cashflow and that would obviously help to increase your numbers of buying bitcoin instead of staying stagnant, so as an investor or a newbie that have a huge cashflow that is also good and doesn’t stop anyone from getting started and that isn’t a criteria for getting started, you can still start buying little by little on a consistent basis, which is also more efficient.

Sometimes people misunderstand and think that everyone with a large amount of finances or capital will have an easier time when in fact anyone with a large cash flow can do it. What's important to understand is that having a large cash flow doesn't necessarily mean someone will easily buy Bitcoin to increase their investment.

Sometimes the cash flow that a person has is not only for making purchases on Bitcoin but there are still many things that they have to pay off and for me if you have a healthy cash flow what needs to be done is to remain consistent in protecting that cash flow and if possible do it in a place that can be beneficial to that person either to open a business or invest in Bitcoin by accumulating Bitcoin using the DCA system with the aim that the cash flow that we have will become an asset for that person in the future and also there is no problem that is so fast for anyone who has a lot of cash flow whether it is owned by young people, old and also for those beginners who have just found out about Bitcoin investment and I also really agree with what is done by someone who has cash flow by doing it either slowly or aggressively which is clearly no significant problem for those who buy Bitcoin to start investing.

[Byebyebtc]

You’re very correct, having a huge cashflow is not a criteria for getting started in investing in Bitcoin, what is mostly important and we can say that it’s a necessity is actually having some money to keep buying bitcoin more efficiently and that is a discretionary money, when you get started it gives you an opportunity to stay consistent, well if you can increase your cashflow then that is fine and good for you that you’re getting started in also working in your cashflow and that would obviously help to increase your numbers of buying bitcoin instead of staying stagnant, so as an investor or a newbie that have a huge cashflow that is also good and doesn’t stop anyone from getting started and that isn’t a criteria for getting started, you can still start buying little by little on a consistent basis, which is also more efficient.

First of all your cash flow doesn't have to be huge,
Secondly even as you have to have a cash flow, that doesn't have to limit one to invest into Bitcoin,

If newbies or beginners have this mindset of having a huge cash flow then it will definitely discourage them from investing,
As long as you have a job, and you have some significant amount of earning that can produce a discretionary income, then you are good to go, you can totally invest in bitcoin.and you can also be consistent since you have a job that will be paying you weekly or monthly.

[gracreavix]

You’re very correct, having a huge cashflow is not a criteria for getting started in investing in Bitcoin, what is mostly important and we can say that it’s a necessity is actually having some money to keep buying bitcoin more efficiently and that is a discretionary money, when you get started it gives you an opportunity to stay consistent, well if you can increase your cashflow then that is fine and good for you that you’re getting started in also working in your cashflow and that would obviously help to increase your numbers of buying bitcoin instead of staying stagnant, so as an investor or a newbie that have a huge cashflow that is also good and doesn’t stop anyone from getting started and that isn’t a criteria for getting started, you can still start buying little by little on a consistent basis, which is also more efficient.

First of all your cash flow doesn't have to be huge,
Secondly even as you have to have a cash flow, that doesn't have to limit one to invest into Bitcoin,

If newbies or beginners have this mindset of having a huge cash flow then it will definitely discourage them from investing,
As long as you have a job, and you have some significant amount of earning that can produce a discretionary income, then you are good to go, you can totally invest in bitcoin.and you can also be consistent since you have a job that will be paying you weekly or monthly.

Yes exactly, your cash flow does not have to be very huge before you start investing in Bitcoin. The most important thing is being able to properly plan your income and figure out your discretionary income after taking care of your important needs first. As a beginner, don’t get discouraged thinking you need to earn big money before you can invest in Bitcoin, because that is not really true. Even small income earners can still invest and do well if they plan themselves properly and stay consistent.
Someone earning a small salary weekly or monthly can still put aside little amounts consistently. It doesn’t always look like much at first, but with time it will add up. Consistency is more important.
I also think small income earners should take advantage of Bitcoin early instead of waiting until they become financially big before starting. Bitcoin accumulation is more about consistency than the size of your income. Even small amounts invested regularly over time can grow into something meaningful. The key is just proper planning.

[Bigjoe33]

Sometimes the cash flow that a person has is not only for making purchases on Bitcoin but there are still many things that they have to pay off and for me if you have a healthy cash flow what needs to be done is to remain consistent in protecting that cash flow and if possible do it in a place that can be beneficial to that person either to open a business or invest in Bitcoin by accumulating Bitcoin using the DCA system with the aim that the cash flow that we have will become an asset for that person in the future and also there is no problem that is so fast for anyone who has a lot of cash flow whether it is owned by young people, old and also for those beginners who have just found out about Bitcoin investment and I also really agree with what is done by someone who has cash flow by doing it either slowly or aggressively which is clearly no significant problem for those who buy Bitcoin to start investing.

Of course, investment is second, the first is settling basic needs, and tye the left over, which is your discretionary income is then uses for investment. Even our discretionary is also splited into some parts to ensure proper investment methodology. It's necessary we build up emergency funds and other back up funds all from the same discretionary. So, the amount of money we have to the begining, wether a very large amount of money does not make us bug investors, because we end up settle basic needs first before settling our weekly or monthly buys

[cxtreenal]

You’re very correct, having a huge cashflow is not a criteria for getting started in investing in Bitcoin, what is mostly important and we can say that it’s a necessity is actually having some money to keep buying bitcoin more efficiently and that is a discretionary money, when you get started it gives you an opportunity to stay consistent, well if you can increase your cashflow then that is fine and good for you that you’re getting started in also working in your cashflow and that would obviously help to increase your numbers of buying bitcoin instead of staying stagnant, so as an investor or a newbie that have a huge cashflow that is also good and doesn’t stop anyone from getting started and that isn’t a criteria for getting started, you can still start buying little by little on a consistent basis, which is also more efficient.

First of all your cash flow doesn't have to be huge,
Secondly even as you have to have a cash flow, that doesn't have to limit one to invest into Bitcoin,

If newbies or beginners have this mindset of having a huge cash flow then it will definitely discourage them from investing,
As long as you have a job, and you have some significant amount of earning that can produce a discretionary income, then you are good to go, you can totally invest in bitcoin.and you can also be consistent since you have a job that will be paying you weekly or monthly.

The amount of cash fund depends on your financial capacity. Financially wealthy people have a certain level of preparation and those who are relatively less wealthy may have different amounts of cash fund. The advantage of having a large cash flow is that you can do aggressive DCA at times. If you do not want to make the size too large and the process of increasing the amount of Bitcoin savings is a good investment strategy. The size of the cash fund has the advantage of being large as well as if you limit the amount you can continuously increase the amount of Bitcoin accumulate from that fund.

An emergency fund is important to maintain the continuity of the Bitcoin long term accumulation activity, as well as the need for regular discretionary income. Cash funds sometimes play an effective role in solving your small-scale emergency needs or sometimes to make aggressive buying during bearish period.

[Cyber_warrior]

You’re very correct, having a huge cashflow is not a criteria for getting started in investing in Bitcoin, what is mostly important and we can say that it’s a necessity is actually having some money to keep buying bitcoin more efficiently and that is a discretionary money, when you get started it gives you an opportunity to stay consistent, well if you can increase your cashflow then that is fine and good for you that you’re getting started in also working in your cashflow and that would obviously help to increase your numbers of buying bitcoin instead of staying stagnant, so as an investor or a newbie that have a huge cashflow that is also good and doesn’t stop anyone from getting started and that isn’t a criteria for getting started, you can still start buying little by little on a consistent basis, which is also more efficient.

First of all your cash flow doesn't have to be huge,
Secondly even as you have to have a cash flow, that doesn't have to limit one to invest into Bitcoin,

If newbies or beginners have this mindset of having a huge cash flow then it will definitely discourage them from investing,
As long as you have a job, and you have some significant amount of earning that can produce a discretionary income, then you are good to go, you can totally invest in bitcoin.and you can also be consistent since you have a job that will be paying you weekly or monthly.

Yes exactly, your cash flow does not have to be very huge before you start investing in Bitcoin. The most important thing is being able to properly plan your income and figure out your discretionary income after taking care of your important needs first. As a beginner, don’t get discouraged thinking you need to earn big money before you can invest in Bitcoin, because that is not really true. Even small income earners can still invest and do well if they plan themselves properly and stay consistent.
Someone earning a small salary weekly or monthly can still put aside little amounts consistently. It doesn’t always look like much at first, but with time it will add up. Consistency is more important.
I also think small income earners should take advantage of Bitcoin early instead of waiting until they become financially big before starting. Bitcoin accumulation is more about consistency than the size of your income. Even small amounts invested regularly over time can grow into something meaningful. The key is just proper planning.

That's right many beginners believe that to invest you need a huge cash flow and that reason have made them wait and delay their investment which is really wrong. You don't need a huge cash flow to invest, as long as you are able to get discretionary income after taking care of your needs and important expenses then you can invest right away even with the little amount. As far as you are consistently investing even with amounts you will be surprised how much you accumulated after some time and since the plan is for a long term you don't have anything to worry about because steady investment for a long time will give you enough in your portfolio. Consistency is key. With consistency your small investment amount will grow bigger with time. So there's no reason to wait until you have a huge cash flow.

[Promocodeudo]

Indeed patience is among the most crucial attributes of Bitcoin investing. The volatility of the crypto market is typically a punishment for impulsive and hasty trading. and many people enter the market with the hope of quick profits. As time goes on. The long term investors are doing better than most traders because they do not go on with panic selling and unnecessary risks. JJG is an example of an investor who has invested with a steady approach and discipline. Resulting in sustainable growth over the long term. Investors can remain confident in the market while minimizing daily price volatility with DCA using spare money and considering the wider picture.

Crypto market you said but we not having a discussion that concerns crypto, the entire discussion going on here is pointing towards Bitcoin investment, the procedures, how newbies can invest without facing problems, I don't know where to start from to quote you but what I have to tell you is that understand the terms that's been used here, as for trading we don't encourage that, we don't advice people to gamble their investment, Bitcoin investment is not a thing making money quick, it is a long-term investment, people should know this and have peace of mind with it, it is important for every investment to keep their mind off from volatility because nothing is gonna take that away from Bitcoin.

[Sim_card]

But then again, the definition of 'huge cash flow' varies from person to person. D idea is about having a good enough cash flow that after solving ur problems, can still have what u keep by d side. But I do always see savings as a mandatory thing to do with my funds. If after settling my bills, I save a particular amoun I intend to savet, if that amount is not realized, and there is no excess after saving that amount, I don't invest.

If maybe after sometimes, I feel like ok, the savings is up to a point I can afford to invest, then I'll deep my hands into it and invest, I don't call my savings a discretionary funds at all, it is completely different, it is like a must, but it is not at the top of my priorities, bills and debts are.

I feel it is really unwise to go into a long term investment being in debt or having pilled up bills, I think it is also not a good idea to me personally if I don't have any savings and I'm going into a long term investment, unless that investment will be bringing money to me ASAP. Long term investment here is an investment whose ROI will take a very long time.

Bitcoin investment is different from other long-term investment especially, traditional investment because they are prone to inflation since fiat loses her purchasing power overtime. In bitcoin investment, you are preserving the value of your discretionary income overtime instead, of keeping it in the bank and allow inflation eat it up.

When you buy bitcoin regularly with DCA from your discretionary income for 4-10 years and above, you are piling up wealth for your future because what counts the most is what you can save for your old age now that you're strong and working. The best way to go into bitcoin investment is to have a long-term investment mindset because bitcoin price increases overtime and I believe in future bitcoin will generate more profit than any other investment.

You can still plam on going into long term investment if you're serious about it. All you need to do is to look for another means of income to increase your income and discretionary income so that you can easily buy regularly with consistency and persistence overtime. Of course, savings is important which is why you have to set up an emergency funds and other backup funds to bail up out when you're hit with real life emergency.

[Nightwatchmare]

Buying can still be done but you must try to manage cash flow well first and discipline yourself in your financial management because I believe when someone wants to try to invest especially to be in bitcoin in the long run they must have a foundation in good cash flow first

The bold part of your comment seems wrong because based on my little knowledge, I believe that it's not compulsory to acquire a huge cash flow before you/anyone can start buying Bitcoin. If you think it's compulsory then it obvious that you neglect the importance of starting small. There are so many Bitcoin folks today that started buying Bitcoin during the period of time that their cash flow was very low, but a long the process of accumulating more Bitcoin they also created opportunity in other to increase their cash flow.
So what I'm trying to say here is that it's important to start small and it's not mandatory for beginners to have a stable income flow or huge cash flow before they can start buying Bitcoin because that's literally one of the thing that keeps a lot of people from procrastinating and at the end they eventually end up not investing at all. So it's important to start with your little cash flow, the necessary thing to do is invest into Bitcoin through your discretionary income.

Actually the bold part of your comment seems wrong because from my own perspectives you only talked about preparation but the question is what are you preparing for if you can not investing with your little cash flow during the process process of creating another means of generating income.

You must be able to distinguish between huge and good cash flow in this case.
Huge cash flow cannot necessarily make us have good cash flow because in this case large or small is not a measure but it is different when we run a good cash flow where we can put the initial position of the money we have for some basic needs and discretionary funds that we have.
So with this when we have good cash flow (not huge as you notice) we will not have a gap to stop buying because we have prepared the money you want to buy for bitcoin from the start and it does not interfere with other needs including basic needs because what we use comes from the discretionary funds we have.

It's not about having a good cash flow or a huge cash flow the most important thing is having a discretionary income that allows you to invest in bitcoin outside money for your basic needs. Besides aren't you aware that there are people who earn money but have no discretionary income to spare for bitcoin investment? There are persons with good cash flow or huge cash flow with lots of debts and mortgages that they end up not having discretionary income. However it's more important to direct our focus to discretionary than looking at the overall cash flow, though if a folk has good or huge cash flow with wide discretionary income it would definitely be an added advantage to his accumulation because he has the luxury to frontload his investment yet, it's not a necessity that everyone must have good cash flow before they can invest in bitcoin, even the poor has a place in bitcoin provided they have discretionary income irrespective of its size.

Having a huge cash flow or cash flow necessaryif actually you want to invest in Bitcoin, it is not an obstacle for you not investing in Bitcoin, no newbies should wait until he have a huge cash flow or cash flow as you may call it before thinking of investing, and there no one preventing you from not having a huge or cash flow, what is necessary now, is how you can use that money you meant to be saving in the bank and invest in Bitcoin.

You mean anyone with out a good cash flow shouldn't think of investing in bitcoin? I think you are wrong here new investor don't have to wait till they have a huge cash flow before they can start buying bitcoin or investing in bitcoin don't get new investor mislead here where by they need to wait first to be rich before they start building there bitcoin portfolio, there is need to increase our cash flow when investing in bitcoin but this doesn't mean that if you don't have a stable income yet that you can't invest in BTC if an investor can figure out his discretionary income he can invest in bitcoin for you have to have a discretionary income to get started with your bitcoin investment and think of increasing your cash flow as you continue using the the dca strategy to buy bitcoin and hodl for long.

Father111 not adding "is not" at the back of necessary i bold in his comment makes it look like he is saying that having a huge cash flowing is necessary if actually you wants to invest in Bitcoin but deep down he is saying that having a huge cash flow isn't necessary for someone to start a Bitcoin investment, and he is not mislead new investors or newbies here because if they calm down and read all his write up they will see where he said "no newbie should wait until they he have a huge cash flow before thinking of investing in Bitcoin. I guess you could not figure it out that Father111 did not mean anyone without good cash flow or huge cash flow should not invest in Bitcoin because you did not pay good attention when you were reading his comment.

[pusaka]

You’re very correct, having a huge cashflow is not a criteria for getting started in investing in Bitcoin, what is mostly important and we can say that it’s a necessity is actually having some money to keep buying bitcoin more efficiently and that is a discretionary money, when you get started it gives you an opportunity to stay consistent, well if you can increase your cashflow then that is fine and good for you that you’re getting started in also working in your cashflow and that would obviously help to increase your numbers of buying bitcoin instead of staying stagnant, so as an investor or a newbie that have a huge cashflow that is also good and doesn’t stop anyone from getting started and that isn’t a criteria for getting started, you can still start buying little by little on a consistent basis, which is also more efficient.

First of all your cash flow doesn't have to be huge,
Secondly even as you have to have a cash flow, that doesn't have to limit one to invest into Bitcoin,

If newbies or beginners have this mindset of having a huge cash flow then it will definitely discourage them from investing,
As long as you have a job, and you have some significant amount of earning that can produce a discretionary income, then you are good to go, you can totally invest in bitcoin.and you can also be consistent since you have a job that will be paying you weekly or monthly.

The amount of cash fund depends on your financial capacity. Financially wealthy people have a certain level of preparation and those who are relatively less wealthy may have different amounts of cash fund. The advantage of having a large cash flow is that you can do aggressive DCA at times. If you do not want to make the size too large and the process of increasing the amount of Bitcoin savings is a good investment strategy. The size of the cash fund has the advantage of being large as well as if you limit the amount you can continuously increase the amount of Bitcoin accumulate from that fund.

An emergency fund is important to maintain the continuity of the Bitcoin long term accumulation activity, as well as the need for regular discretionary income. Cash funds sometimes play an effective role in solving your small-scale emergency needs or sometimes to make aggressive buying during bearish period.

Implementing a DCA strategy doesn't actually focus on how much money we can invest, but rather on adapting to our capabilities. Consistency is also crucial, because as the saying goes, "little by little, it becomes a hill." The key is consistency, not how much we can set aside each week or month.

We certainly want to invest larger sums, but when we have little money, should we postpone or postpone our investments? Of course not. DCA offers a solution for those who want to invest but have limited resources. This should make things easier for everyone who wants to invest.

If we want to invest more, it comes down to how much effort we put into increasing our income from side hustles. If we want to increase our allocation but are lazy, that doesn't make sense.

[Hardyrobust]

You’re very correct, having a huge cashflow is not a criteria for getting started in investing in Bitcoin, what is mostly important and we can say that it’s a necessity is actually having some money to keep buying bitcoin more efficiently and that is a discretionary money, when you get started it gives you an opportunity to stay consistent, well if you can increase your cashflow then that is fine and good for you that you’re getting started in also working in your cashflow and that would obviously help to increase your numbers of buying bitcoin instead of staying stagnant, so as an investor or a newbie that have a huge cashflow that is also good and doesn’t stop anyone from getting started and that isn’t a criteria for getting started, you can still start buying little by little on a consistent basis, which is also more efficient.

But then again, the definition of 'huge cash flow' varies from person to person. D idea is about having a good enough cash flow that after solving ur problems, can still have what u keep by d side. But I do always see savings as a mandatory thing to do with my funds. If after settling my bills, I save a particular amoun I intend to savet, if that amount is not realized, and there is no excess after saving that amount, I don't invest.

If maybe after sometimes, I feel like ok, the savings is up to a point I can afford to invest, then I'll deep my hands into it and invest, I don't call my savings a discretionary funds at all, it is completely different, it is like a must, but it is not at the top of my priorities, bills and debts are.

I feel it is really unwise to go into a long term investment being in debt or having pilled up bills, I think it is also not a good idea to me personally if I don't have any savings and I'm going into a long term investment, unless that investment will be bringing money to me ASAP. Long term investment here is an investment whose ROI will take a very long time.

Going into long term investment won't prevent you from having savings as you think because you will be investing with your discretionary income and you can decide to invest some percentage of your discretionary income and the remaining percentage can be reserved funds. So it is wrong for you to think that investing in bitcoin will prevent you from having savings.
Bitcoin isn't a Ponzi scheme where you come with the mindset of wanting to make profit Asap, bitcoin doesn't rewards impatient. So if you thinking of making money Asap you better drop such thoughts.

[junder]

Once you run out of discretionary income then you simply have to put your accumulation on hold, you are still HODLing what you have accumulated but to keep those safe you shouldn't be buying when you don't have the discretionary income to buy with, there is no reduced pace here,a reduced pace assumes that you still have the discretionary income to invest with but at a much smaller quantity, (reducing how much and how often you invest to match your discretionary income) but when there is no discretionary you can't just slow down, you pause, work on generating discretionary income again but during the period of not having any discretionary income you have to put accumulation on hold because you might end up having to sell because you invested with funds meant for something else, stop accumulating until you have the discretionary income again but keep HODLing through it all.

Now when we lose discretionary income, which was previously fixed then the option should be to find more income not by selling the assets owned (BTC). It's good and even more appropriate to just hold it even though we can actually sell it at any time but in situations like this, emergency funds play a role, with discretionary income then we still have a reserve or emergency fund that can be used to overcome discretionary income, which is lost not by selling bitcoin owned. Sometimes we have to be able to be another way even though there are roads that can definitely be taken.

[Nightwatchmare]

You’re very correct, having a huge cashflow is not a criteria for getting started in investing in Bitcoin, what is mostly important and we can say that it’s a necessity is actually having some money to keep buying bitcoin more efficiently and that is a discretionary money, when you get started it gives you an opportunity to stay consistent, well if you can increase your cashflow then that is fine and good for you that you’re getting started in also working in your cashflow and that would obviously help to increase your numbers of buying bitcoin instead of staying stagnant, so as an investor or a newbie that have a huge cashflow that is also good and doesn’t stop anyone from getting started and that isn’t a criteria for getting started, you can still start buying little by little on a consistent basis, which is also more efficient.

But then again, the definition of 'huge cash flow' varies from person to person. D idea is about having a good enough cash flow that after solving ur problems, can still have what u keep by d side. But I do always see savings as a mandatory thing to do with my funds. If after settling my bills, I save a particular amoun I intend to savet, if that amount is not realized, and there is no excess after saving that amount, I don't invest.

If maybe after sometimes, I feel like ok, the savings is up to a point I can afford to invest, then I'll deep my hands into it and invest, I don't call my savings a discretionary funds at all, it is completely different, it is like a must, but it is not at the top of my priorities, bills and debts are.

I feel it is really unwise to go into a long term investment being in debt or having pilled up bills, I think it is also not a good idea to me personally if I don't have any savings and I'm going into a long term investment, unless that investment will be bringing money to me ASAP. Long term investment here is an investment whose ROI will take a very long time.

If you are repaying your debt on installment and you have a steady income, and after you pay part of the debt and take care of your weekly or monthly expenses and you still have discretionary income, it never unwise to go into a long term investment since it is not stopping you not to pay your debt gradually and take care of your expenses, you do not necessarily need to save money somewhere before going into a long term investment, the emergency funds you will set aside when you are going into a long term investment or when you are investing in Bitcoin for long term will serve as your savings, any emergency that will happen and try to force you to sell your Bitcoin when you are not yet ready to sell it, you will depend on your emergency funds to take care of the emergency and continue accumulating Bitcoin consistently.

[Jostern]

The truth still remains that anyone who want to follow short way will always be caught short especially in Bitcoin, it is a very volatile asset so thinking of  it about the short way will not be really funny because you will be liquidated that is why it is advisable to invest and have the long term mindset using our discretionary income since there is no guarantee but the potential of Bitcoin is the only thing that keeps investors hope so high because we have fate it will do well in the future.

Longterm approach when it comes to Bitcoin investment is actually the most reliable and profitable approach we’ve seen. Judging from backlogs of data’s when it comes to the statistics of long term investor and short term traders, you will see that longterm investors as way more profitable in a long run. We can as well check the likes of JJG and others here and how he has been able to maintain a sustainable and admirable Bitcoin investment over time.
So whenever I see people thinking short term or trading, I see it as they haven’t gotten a broader view of what Bitcoin really is and how DCAing and a slow and steady investment could be all they need.
There is an incredible quote by Andre De Shields which says: Slowly is the faster way to get to where you want to be.  And I think this applies to Bitcoin investment, because most people that tried to trade and outsmart the market violating the rules of longevity, usually ends up regretting.

Indeed patience is among the most crucial attributes of Bitcoin investing. The volatility of the crypto market is typically a punishment for impulsive and hasty trading. and many people enter the market with the hope of quick profits. As time goes on. The long term investors are doing better than most traders because they do not go on with panic selling and unnecessary risks. JJG is an example of an investor who has invested with a steady approach and discipline. Resulting in sustainable growth over the long term. Investors can remain confident in the market while minimizing daily price volatility with DCA using spare money and considering the wider picture.

You should understand that we are talking about bitcoin here and not cryptocurrency, you should endeavor to be more courageous about how you’re talking about the cryptocurrency shit, so you don’t end up misleading newbies who are here to gain a very efficient knowledge by understanding what is being talked about here predominantly is all about bitcoin discussion, there is no much need of emphasizing trading, we could talk more about buying bitcoin for a long term, there are people who is wrong about this thread position on being in trading discussions which is a very common way of misunderstanding what this thread is all about, consistency is very important when it comes to buying bitcoin for the long term purpose.