JJG’s Outline of Bitcoin Investment Ideas

[Hardyrobust]

...

This momentum can be felt by all parties because a price drop like this is the right step for anyone with sufficient financial means to make purchases with the aim of increasing the amount of BTC which will become an asset for the future for those who don't waste the current opportunity.

DCA is a step that should be used by everyone because this strategy is the best way to buy Bitcoin. However we must consider our cash flow. When investing it's best not to force yourself to do so as it could become a serious problem. Therefore it's better to make purchases based on your income and within your means.

I say this because the DCA strategy doesn't require large sums. The consequences are clear everyone's income is different but the situation is unique. Some people may make purchases without considering their needs. Ultimately when something unexpected happens they may have to sell back their impressive investment or even half of what they've accumulated. Therefore it's not that you can't invest large sums but you should be mindful and avoid overextending yourself with large sums because we still have responsibilities to fulfill.

Well, it’s certainly a given that this price drop is an opportunity that should be taken advantage of such as by making a purchase but before doing so, we also need to consider other factors, particularly regarding cash flow or finances. We shouldn’t go so far as to invest all our savings, even though we have the right to do so personally, I don’t recommend making such a decision. What you mentioned is exactly what needs to be avoided. Some people might do this by pooling all their money when they feel the timing is right like during a price drop but that approach causes other things to be neglected, such as basic needs that must be met. And when something unexpected happens, this forces them to sell their Bitcoin. This means that money management is also something that must be paid attention to.

There are many things we have to look at so that when we do Bitcoin accumulation at the moment of price decline so that what we do will not cause problems that we will face because sometimes there are also those who are fooled by the price decline so they immediately do it in the most impressive way possible without seeing other things that are our responsibility for example the need for goods for our daily lives is no longer there but we are because we are in happiness about the price decline to want to accumulate so that the most important thing we immediately leave is also not good even though our goal is to take advantage of the momentum of the price decline because the priority remains while the momentum to increase the number of BTC is also not wasted so with such thinking I think we are safer in doing anything so that our goals are easier to achieve at the point we want.

It won't be a good idea for an investor to allow themselves into taking decisions based on market sentiment. An investor should always act based on there financial situation because at times most people make the mistake of investing or using money for there expenses to invest in bitcoin. This will only make them to panick and sell when the need for such money will arise so in other to avoid such a thing from happening an investor should always invest with there discretionary irrespective of what the market present.

[red4slash]

For those beginners, it is better to come without rushing into investing because if the investment is more appropriate according to our own abilities, if we are forced to exceed the strength that we have, in the end, the problem will be experienced by them, so let alone beginners, even people who have been doing it for a long time must do it according to our abilities and there is no need to force yourself to do something too aggressive, this will be a problem if it does not happen as desired.

As long as they can control cash flow well then why delay because in this case delaying for a while could have lost their momentum to buy bitcoin. What needs to be thought of from the start is how their cash flow is as long as it looks good enough and there are already funds that can be spent, it would be better to buy as soon as possible than you have to wait just because of some unreasonable reasons such as waiting for prices or declines to occur which may be conditions like that are difficult to happen.

I agree when saying invest according to their own abilities but if this is used as a reason for them to wait even though they already have funds that can be bought bitcoin it feels like it will only waste your time and moment to buy.

[BRINIRHA]

Something like this (use leverage) can be done if indeed we are able to cope with the risks that must be felt from the choice to take leverage because it can also increase our purchasing power but of course there are many considerations that must be thought of and using leverage will not be too suitable for beginners so it is not too recommended but when talking about leverage and investment it can still happen.

The risk of using leverage is not all investors can bear so when we want to invest with leverage then we need to see ourselves whether we can afford it or not if we feel this is too burdensome then don't do it, as for beginners although there is no real prohibition here but it is not recommended to use this because the risk will be much greater.

You have made a completely trading-centric comment, we discuss investment here. If a person is attracted by your comment or follows the path you have shown, he may face loss.

We talk about long-term investment. For example, we buy Bitcoin directly and hold it for a long time. Even if the price of Bitcoin becomes $ 1, we will still have Bitcoin and even if our purchase price is much higher than this, we can make a lot of profit. The possibility of loss in long-term investment is very low. From the past to now, those who have held it for a long time have been rewarded by Bitcoin. But yes, there is no certainty of profit even if you hold it for a long time. But the risk is much less compared to short-term investment.

Of course not because if you read the whole thing there is no indication of the trading I am discussing. I am talking about leverage doesn't mean it all becomes trading even though leverage is always synonymous with trading.
Leverage can be done for investment but almost all small investors avoid it (including me) but avoiding doesn't mean we can't do it right?
 
As I wrote earlier if it is ready to bear all the consequences then it can be done but for beginners this kind of thing is not recommended to do even maybe this should be shunned because this can make them experience greater risk.
It's just a choice that comes back to ourselves whether we want to use a method that has a much greater risk level like this or the usual way and I think it all comes back to our own thoughts because we can certainly determine the best decision for ourselves.

[Proty]

For those beginners, it is better to come without rushing into investing because if the investment is more appropriate according to our own abilities, if we are forced to exceed the strength that we have, in the end, the problem will be experienced by them, so let alone beginners, even people who have been doing it for a long time must do it according to our abilities and there is no need to force yourself to do something too aggressive, this will be a problem if it does not happen as desired.

As long as they can control cash flow well then why delay because in this case delaying for a while could have lost their momentum to buy bitcoin. What needs to be thought of from the start is how their cash flow is as long as it looks good enough and there are already funds that can be spent, it would be better to buy as soon as possible than you have to wait just because of some unreasonable reasons such as waiting for prices or declines to occur which may be conditions like that are difficult to happen.

I agree when saying invest according to their own abilities but if this is used as a reason for them to wait even though they already have funds that can be bought bitcoin it feels like it will only waste your time and moment to buy.

People should always invest in bitcoin based on there financial situation and this should be done using there discretionary income because it won't be a wise idea for an investor to overstretched themselves or put themselves into unnecessary financial pressures. Bitcoin investment should be done based on investor financial capacity.
It is not a good idea to wait for a price decline before a long term investors can start buying since they are not going into trading.

[Sonia_123]

...

This momentum can be felt by all parties because a price drop like this is the right step for anyone with sufficient financial means to make purchases with the aim of increasing the amount of BTC which will become an asset for the future for those who don't waste the current opportunity.

DCA is a step that should be used by everyone because this strategy is the best way to buy Bitcoin. However we must consider our cash flow. When investing it's best not to force yourself to do so as it could become a serious problem. Therefore it's better to make purchases based on your income and within your means.

I say this because the DCA strategy doesn't require large sums. The consequences are clear everyone's income is different but the situation is unique. Some people may make purchases without considering their needs. Ultimately when something unexpected happens they may have to sell back their impressive investment or even half of what they've accumulated. Therefore it's not that you can't invest large sums but you should be mindful and avoid overextending yourself with large sums because we still have responsibilities to fulfill.

Well, it’s certainly a given that this price drop is an opportunity that should be taken advantage of such as by making a purchase but before doing so, we also need to consider other factors, particularly regarding cash flow or finances. We shouldn’t go so far as to invest all our savings, even though we have the right to do so personally, I don’t recommend making such a decision. What you mentioned is exactly what needs to be avoided. Some people might do this by pooling all their money when they feel the timing is right like during a price drop but that approach causes other things to be neglected, such as basic needs that must be met. And when something unexpected happens, this forces them to sell their Bitcoin. This means that money management is also something that must be paid attention to.

There are many things we have to look at so that when we do Bitcoin accumulation at the moment of price decline so that what we do will not cause problems that we will face because sometimes there are also those who are fooled by the price decline so they immediately do it in the most impressive way possible without seeing other things that are our responsibility for example the need for goods for our daily lives is no longer there but we are because we are in happiness about the price decline to want to accumulate so that the most important thing we immediately leave is also not good even though our goal is to take advantage of the momentum of the price decline because the priority remains while the momentum to increase the number of BTC is also not wasted so with such thinking I think we are safer in doing anything so that our goals are easier to achieve at the point we want.

It won't be a good idea for an investor to allow themselves into taking decisions based on market sentiment. An investor should always act based on there financial situation because at times most people make the mistake of investing or using money for there expenses to invest in bitcoin. This will only make them to panick and sell when the need for such money will arise so in other to avoid such a thing from happening an investor should always invest with there discretionary irrespective of what the market present.

Also when your goal is being met at that particular time of buying more bitcoin, then what next after when your financial needs arises, be forced to sell off part of your investment or all? , just because you never had a proper planning on how to invest in Bitcoin.

Investing in bitcoin should only be done with your discretionary income and not money meant for other expenses because you want to aggressively invest because of the present dip in market price, it will lead you to failure of your bitcoin investment.

[Mr.leeemzy]

Also when your goal is being met at that particular time of buying more bitcoin, then what next after when your financial needs arises, be forced to sell off part of your investment or all? , just because you never had a proper planning on how to invest in Bitcoin.

Investing in bitcoin should only be done with your discretionary income and not money meant for other expenses because you want to aggressively invest because of the present dip in market price, it will lead you to failure of your bitcoin investment.

For a Bitcoins investor to invest in Bitcoin with the money that is not his/her discretionary income or for the person to invest with income that will be needed or without his/her emergency funds, that clearly shows that the person is not a good investor and might likely not succeed, the reason why I said the person is not a good investor and might likely not succeed is that even for someone that is just a beginner and have a good orientation on how to invest or had learner well on how and when or income to be used for investment should know that investment should only be done with a discretionary Income with emergency funds and not otherwise.

[sotelorene]

For those beginners, it is better to come without rushing into investing because if the investment is more appropriate according to our own abilities, if we are forced to exceed the strength that we have, in the end, the problem will be experienced by them, so let alone beginners, even people who have been doing it for a long time must do it according to our abilities and there is no need to force yourself to do something too aggressive, this will be a problem if it does not happen as desired.

As long as they can control cash flow well then why delay because in this case delaying for a while could have lost their momentum to buy bitcoin. What needs to be thought of from the start is how their cash flow is as long as it looks good enough and there are already funds that can be spent, it would be better to buy as soon as possible than you have to wait just because of some unreasonable reasons such as waiting for prices or declines to occur which may be conditions like that are difficult to happen.

I agree when saying invest according to their own abilities but if this is used as a reason for them to wait even though they already have funds that can be bought bitcoin it feels like it will only waste your time and moment to buy.

People should always invest in bitcoin based on there financial situation and this should be done using there discretionary income because it won't be a wise idea for an investor to overstretched themselves or put themselves into unnecessary financial pressures. Bitcoin investment should be done based on investor financial capacity.
It is not a good idea to wait for a price decline before a long term investors can start buying since they are not going into trading.

Investing according to our reach is very important and I also encouraged everyone should do that but it doesn't mean if you have a good discretionary income and there is an opportunity to take advantage of the market you won't do it, that is not the right thing to do because we have all the right to be aggressive or overstretched like you said when there is a Dip. However, doing this severally or when there is a Dip will help an investor gain or have a great portfolio in a short period of time.

[reagansimms]

People should always invest in bitcoin based on there financial situation and this should be done using there discretionary income because it won't be a wise idea for an investor to overstretched themselves or put themselves into unnecessary financial pressures. Bitcoin investment should be done based on investor financial capacity.
It is not a good idea to wait for a price decline before a long term investors can start buying since they are not going into trading.

Investing according to our reach is very important and I also encouraged everyone should do that but it doesn't mean if you have a good discretionary income and there is an opportunity to take advantage of the market you won't do it, that is not the right thing to do because we have all the right to be aggressive or overstretched like you said when there is a Dip. However, doing this severally or when there is a Dip will help an investor gain or have a great portfolio in a short period of time.

Indeed, taking advantage of periodic market downturns is a very good move for investors, especially those with extra funds. However, being aggressive also requires consideration, because if you take the wrong path it will turn into a double-edged sword. Aggressiveness should be in healthy portions, investors should add ammunition when there is an opportunity, not use up all the bullets at once. What I mean is, investors should always allocate funds according to a safe portion and still leave an emergency fund. And never use borrowed money to purchase assets when market volatility is very high.

[alankasman]

Investing according to our reach is very important and I also encouraged everyone should do that but it doesn't mean if you have a good discretionary income and there is an opportunity to take advantage of the market you won't do it, that is not the right thing to do because we have all the right to be aggressive or overstretched like you said when there is a Dip. However, doing this severally or when there is a Dip will help an investor gain or have a great portfolio in a short period of time.

This is to anticipate mistakes that will end up being bad for those who invest, sometimes they are too impressive in doing so.

The goal of investing in Bitcoin must be in accordance with one's abilities, of course, this is very true that sometimes many parties do not fully understand what often happens when someone invests in a way that is beyond their abilities, so with a discussion like this, it might be a reason for them to be able to correct it so that the mistakes they made in the future do not happen again, unless someone has more than one source of income, it will not be a reason for them, for example, to invest in Bitcoin aggressively because one income is specifically for investing while the other is used for spending needs so that this does not cause disputes between us and it does not matter what we are doing, especially now that market prices are in decline, of course, for those of us who have more than one source of income, it is quite good to increase the number of Bitcoins by accumulating Bitcoins, in fact, in the future, if we take advantage of this opportunity, it will be an advantage for us in building a portfolio.

[Grease5000]

People should always invest in bitcoin based on there financial situation and this should be done using there discretionary income because it won't be a wise idea for an investor to overstretched themselves or put themselves into unnecessary financial pressures. Bitcoin investment should be done based on investor financial capacity.
It is not a good idea to wait for a price decline before a long term investors can start buying since they are not going into trading.

Investing according to our reach is very important and I also encouraged everyone should do that but it doesn't mean if you have a good discretionary income and there is an opportunity to take advantage of the market you won't do it, that is not the right thing to do because we have all the right to be aggressive or overstretched like you said when there is a Dip. However, doing this severally or when there is a Dip will help an investor gain or have a great portfolio in a short period of time.

Indeed, taking advantage of periodic market downturns is a very good move for investors, especially those with extra funds. However, being aggressive also requires consideration, because if you take the wrong path it will turn into a double-edged sword. Aggressiveness should be in healthy portions, investors should add ammunition when there is an opportunity, not use up all the bullets at once. What I mean is, investors should always allocate funds according to a safe portion and still leave an emergency fund. And never use borrowed money to purchase assets when market volatility is very high.

I agree that Bitcoin investment should be based on a person's financial capacity and done with money they can afford to set aside.

But I don't think a long term erm investor should wait too much for a price drop before starting. Since the goal is to hold for many years, what matters most is having the money available and staying consistent. If your finances are okay, it is better to start building your position than keep waiting for the perfect price.

[Alonso_]

I get your point but it sounds misleading, in my own opinion or I will say what I understand is that any money that you are using to invest in Bitcoin must be your discretionary income, because all the money you mention if they did not fall inside the discretionary income definitely they are not to good for bitcoin investment, even the DCA strategies you mentioned must definitely be from discretionary income, if not it will result to a big mistake.

Discretionary income is the best income that can be used to invest in Bitcoin because we consider bitcoin investment as a long time investment, which is why we don't have to make use of any funds except the discretionary income so that we can confidently build our bitcoin polifolio with ease.

I don’t really see anything misleading from what @SPIDERMAN008 have said, you are always advised to invest in bitcoin with your discretionary income, there is nothing wrong when you invest in bitcoin with some money laying around and sleeping in the bank and you’re doing nothing with this money, you just keep them as savings for no purpose, you can invest that money in bitcoin, when you have the availability of money.

That could also be a discretionary money, because you’re just saving that money in the bank, so it’s better you invest that money in bitcoin something that has value and substance.

[johnsaributua]

I agree that Bitcoin investment should be based on a person's financial capacity and done with money they can afford to set aside.

But I don't think a long term erm investor should wait too much for a price drop before starting. Since the goal is to hold for many years, what matters most is having the money available and staying consistent. If your finances are okay, it is better to start building your position than keep waiting for the perfect price.

This is the main point for anyone whether they're just starting out or have been investing for years. The first key is to stick to the method. This is also based on knowledge not just doing it haphazardly. The goal is to avoid any risky actions. If we don't avoid these risks this is certainly the most desirable thing especially since sometimes people invest in Bitcoin by forcing themselves to invest large sums while their basic survival needs are not being met. This is also a very important aspect of investing. Healthy investing involves not forcing yourself and investing according to your financial capabilities.

If waiting for a new time to start is something that is very inappropriate and not a good idea because in fact someone who does long term certainly they no longer think about the current price meaning when the price increases they also accumulate and when the price is decreasing they also accumulate so that for those who make long term investments the price is no longer the main problem because the price has become part of what they have to do that is why many big investors in making long term investments are more towards holding and buying what they think about in their daily lives, unlike those who are financially still very lacking of course they have thought about the price let alone following what investors do of course it is very difficult for those who are not big investors.

[ZeroVinsonN]

I think one of the  major thing that determines which Bitcoin accumulation strategy someone uses is their finances, not just their knowledge. Because someone with a large discretionary income available can use lump sum. While someone with a steady income but little funds may prefer DCA. And someone with extra cash on the side may  decide to buy dips when opportunities come.

Though  knowing how the strategies work is important, but your financial situation is what usually decides which strategy is best for you. That's why there is nothing wrong with using one strategy or combining different ones if it matches your income and long term goals.

I don’t think that is necessarily the case. And i’m assuming that you don’t really know the definition of lump sum and DCA and that is why you’re exaggerating the connection between a person’s financial situation and specific strategies that they may use in their bitcoin investment. A person with a large discretionary income can still do DCA and even a person with little funds too can still save up and occasionally make lump sum purchases to put into their stash. So it is not always really the amount of money that a person has that will determine their strategy, but it is how that person chooses to deploy that money over their investment that determines the strategy.

The amount of money each investor has to invest does not determine his strategy. However, we cannot completely deny that financial conditions have some influence. The one who has a larger amount of extra money has a relatively greater opportunity. If an investor chooses lump sum along with regular investments, it depends on his goals, risk management and his personal preferences.

Different people have different amounts the can consider as lump summing, if it's lump summing to you it might not be for others so a person can be DCAing with an amount of money that can be considered lump sum by others, it's completely dependent on the investor and how much discretionary income they have, the strategy to use is a choice that doesn't necessarily depend on how much they have, it's more about what works and for most people what works is the DCA.

[JayJuanGee]

Also when your goal is being met at that particular time of buying more bitcoin, then what next after when your financial needs arises, be forced to sell off part of your investment or all? , just because you never had a proper planning on how to invest in Bitcoin.

Investing in bitcoin should only be done with your discretionary income and not money meant for other expenses because you want to aggressively invest because of the present dip in market price, it will lead you to failure of your bitcoin investment.

For a Bitcoins investor to invest in Bitcoin with the money that is not his/her discretionary income or for the person to invest with income that will be needed or without his/her emergency funds, that clearly shows that the person is not a good investor and might likely not succeed, the reason why I said the person is not a good investor and might likely not succeed is that even for someone that is just a beginner and have a good orientation on how to invest or had learner well on how and when or income to be used for investment should know that investment should only be done with a discretionary Income with emergency funds and not otherwise.

Of course, investment comes from discretionary funds and can come from back up funds to the extent that the back up funds are extra funds which would be reserve funds and not from emergency funds.  Usually the back up funds that are labeled as emergency funds would not be used for buying bitcoin since buying bitcoin is not an emergency. 

If emergency funds are managed in reasonable ways, then they would be used only for basic expenses in times that income might be low and/or basic expenses high, and there are no other funds left to use, and of course, if the emergency funds are depleted, then at that point a person would have no choice except to tap into his bitcoin.

[KeenanEl19]

Even considering the amount people use to invest with the DCA as small isn't exactly correct even, people invest what they can using the DCA, one of its best quality is that you don't need to have too much to be able to invest in bitcoin using the DCA, you just need to have your discretionary income from which you can invest any amount you can tolerate, anything more than that will be a problem for the person and if you can't afford to lose the money then it's not a small amount.

In my opinion, when using the DCA strategy, it’s not a problem if the accumulated amount is small, because it really depends on your own financial capacity as long as you don’t exceed your means, it’s not a bad thing.

The key point is that whatever amount is allocated must align with our own capabiliti this is why effective financial management is crucial. It’s pointless to accumulate large amounts if, at the same time, we can’t manage our finances properly. I believe DCA is a suitable strategy for accumulating BTC. Not only is it easy to understand, but it’s also fundamentally easy to implement, making it suitable for anyone especially beginners.

Whatever money one invests with, if it is money outside of daily life or important expenses, then there is no problem in doing DCA with that. Now, if someone has discretionary income and also has some assets or savings, then they can also act as a backup fund. If one has a large amount deposited and wants to invest with that, then  can increase the amount by adding some of the deposited money to the amount that is doing DCA from discretionary income. As a result of this, one will have the advantage that he is able to buy bitcoin at an average price. The DCA method is suitable for all types of income and all types of professionals.

It's true what you said and it can be concluded that the right funds to accumulate in investment is discretionary income because this is the rest of the income we get after we meet our own needs. And with the amount it depends on the discretionary income as well even from there we can divide it again if the amount is still quite large.

That's why the amount accumulated in investments must be in accordance with our own abilities, do not let us do it but instead cause our own worries. That's why it's important to think before you act.

[Princess Leah]

investment should only be done with a discretionary Income with emergency funds and not otherwise.

Of course, investment comes from discretionary funds and can come from back up funds to the extent that the back up funds are extra funds which would be reserve funds and not from emergency funds.  Usually the back up funds that are labeled as emergency funds would not be used for buying bitcoin since buying bitcoin is not an emergency. 

The emergency and back up funds might seem similar maybe cause they can be derived from the discretionary fund but people confused them and how to use them for investment, it's very correct that the discretionary fund is specially good for investment but the back up funds can be used as a temporary cover up for investment while the emergency funds is basically for emergency situations.

 For instance, lets say an investor couldn't temporarily add to his discretionary funds due to a job lost or so, the person can temporarily use the backup funds as cover up for the investment till the person is able to secure another job or means of earning whereby the discretionary funds can be sustainable, it's better than using funds meant for emergency situations for the investment.

[Finebone]

Of course, investment comes from discretionary funds and can come from back up funds to the extent that the back up funds are extra funds which would be reserve funds and not from emergency funds.  Usually the back up funds that are labeled as emergency funds would not be used for buying bitcoin since buying bitcoin is not an emergency. 

If emergency funds are managed in reasonable ways, then they would be used only for basic expenses in times that income might be low and/or basic expenses high, and there are no other funds left to use, and of course, if the emergency funds are depleted, then at that point a person would have no choice except to tap into his bitcoin.

I agree with everything you said here sir, sometimes some investors misinterpret the back up funds without knowing that the back up funds are divided in emergency and reserve funds, which you have explained perfectly well that you can invest with your reserve funds, but you can't do that with your emergency funds, because it's strictly meant only for emergencies that threatens you Bitcoin holdings. So I believe that if a Bitcoin investor can easily differentiate the function of emergency and reserve funds that are part of our back up funds, such investor will not have any troubles going forward, while navigating his or her way during his bitcoin investment journey.

[IceLincoln]

The way you said it is not actually investment but it is trading. You are an investor here, how do you use leverage as an investor?

Investors can use leverage.

Trading has to do with selling and expecting to buy back cheaper.

Investors can use leverage to try to buy more bitcoin, and they don't need to keep their leverage open. 

Using leverage is a more advance technique and not necessarily recommended for beginners, yet guys can do what they like.. at the same time, leverage could cause the investor to lose money when he could have otherwise made money if he had not used leverage.

Investment is not done in a short time, but we consider those who hold it for a long time as investors. Suppose an investor uses leverage, then how long can he hold his investment using this leverage, if he wants to for a long time, he will not be able to because the market will change constantly and due to this change, it will be seen that he has been liquidated, then he will lose everything.

Even loans are leverage, so a guy could have long term loans, and even use equity from his house, and some of those equity loans have 15 years or more on their payback terms... so leverage does not have to be short-term in order to still be in the category of leverage.

If you introduce yourself as an investor, I will say that there is no need to do these things, but understanding his income and his discretionary income, he should invest consistently and the important thing is that he should try to hold it for a long time.

Historically, one of the great things about bitcoin has been that guys could just error on the side of buying it and holding it, and over the years bitcoin has tended to outperform quite a few other assets, so you are right that historically, there did not need to be any fancy tools to make a shit-ton of money on bitcoin, especially for guys who got in early.. and so the earlier the better... even though sometimes it can take a long time to get into large quantities of profits, and profits are not guaranteed either... not that any of those of us who claim to be investing in bitcoin should be obsessed with profits.

I understand that leveraging can be done by just anyone, but can you say it's actually a wise decision for an investor who intends to hold for the long term? I still think that, for most investors, the disadvantages of leverage supersede its advantages.
An investor who plans to hold Bitcoin for a long time can remain consistent with accumulation through a DCA strategy and gradually achieve his goals, rather than using leverage that might end up costing him his hard-earned funds. Bitcoin is already volatile enough, and adding debt or liquidation risk into the mix can make the investment journey much more difficult than it needs to be.

Even taking loans can be done by an investor, but is that really something that should be encouraged? I don't think so, especially when there are alternative approaches that don't expose the investor to those additional risks. Historically, many Bitcoin investors have done very well simply by buying within their means and holding patiently over time.

I like that you specified that leveraging is an advanced strategy and isn't recommended for beginners. That's a good disclaimer for newbies and beginners so they don't get confused or misled into thinking that using leverage is a necessary part of successful Bitcoin investing..

[Big Dirams]

It's true what you said and it can be concluded that the right funds to accumulate in investment is discretionary income because this is the rest of the income we get after we meet our own needs. And with the amount it depends on the discretionary income as well even from there we can divide it again if the amount is still quite large.

That's why the amount accumulated in investments must be in accordance with our own abilities, do not let us do it but instead cause our own worries. That's why it's important to think before you act.

Discretionary income is the right money to be used for investing because it is the funds left after we have taken care of our necessities. We shouldn’t use any funds aside our discretionary income for investment. And when we have availability of our discretionary funds then we can get the rest of the funds from it like reserve funds, backup funds and also emergency funds and all this could be available if our discretionary funds is huge but if it isn’t then we can still begin the journey without other funds but as soon as possible we should look for other means where we can generate our emergency funds. 

[Rockson1]

I agree with everything you said here sir, sometimes some investors misinterpret the back up funds without knowing that the back up funds are divided in emergency and reserve funds, which you have explained perfectly well that you can invest with your reserve funds, but you can't do that with your emergency funds, because it's strictly meant only for emergencies that threatens you Bitcoin holdings. So I believe that if a Bitcoin investor can easily differentiate the function of emergency and reserve funds that are part of our back up funds, such investor will not have any troubles going forward, while navigating his or her way during his bitcoin investment journey.

@JayJuanGee just simplified everything and by now many person that have been misunderstanding the whole thing has now understand how it so been done.
Personally I don't mistake emergency funds for another thing, the name it's been called has a detailed meaning of what it is and there is no argument on that, emergency funds are for emergency purposes and should not be used for Bitcoin investment so that there won't be mix up anywhere, in Bitcoin investment funds are allocated where it belongs to to avoid making mistake that will Force us into putting our hands  in our Bitcoin portfolio as alternative to cater for emergency which is not the right thing to do, thanks to JayJuanGee for making this clear ro many that back up funds funds can be splitted into two which are emergency funds and reserve funds and both serve different important purposes which you have stated already.