JJG’s Outline of Bitcoin Investment Ideas

[Silikiem]

The reason and advantages of an emergency funds cannot be underemphasize. Knowing how volatile Bitcoin is it becomes a healthy decision to keep up with probable ideas that will tend to make the investment profitable. Emergency has been part of life and planning ahead has been the best thing to do without thinking twice. Ordinarily, every day businesses or some entrepreneurs has failed because of getting loss thinking their business is flourishing without keeping backup funds for the business. The case is the same for Bitcoin even if it happens in different manner but at the end they all serve the same purpose which is to keep the investment healthy and growing stronger than before or just stable.

To individuals who are into business or other forms of investment, it is important to have more than one stream of income in the case one doesn’t turn out as expected, you’ll have other backbone to rely on, getting knowledge of emergency fund as a business man or a 9-5 salary earner is very important in the cases of emergency not just when it applies to Bitcoin investors.
But to newbies who probably has Bitcoin as their first known investment, not having an emergency or backup fund shouldn’t be a reason to not starting Bitcoin investment already. In as much as you’re willing to learn, starting accumulating already and simultaneously learning about Bitcoin and sorting backup funds and/or emergency fund should be a nice approach, all you need for a start is being able to sort out your discretionary fund and knowing how to buy and store your and store your Bitcoin. Limiting oneself from investing because of the absence of emergency fund isn’t really ideal from my perspective.

I largely agree with your statement to an extent, having different streams of income is good, but again as a new investor who’s just getting started with bitcoin investment, you must not wait until your have different streams of income before you can start investing in bitcoin ad all you need is to figure out a discretionary income to start your bitcoin investment. And even if you wish to diversify at some point in your investment, it is important to have focused on accumulating bitcoin with your discretionary income and reach your investment target, and build a healthy portfolio before thinking of diversifying into investments of having multiple streams of income so that you won’t have divided attention with your bitcoin investment because the moment one start having a divided attention they are liable to fumble with their investment goal or target. After reaching your accumulation target or perhaps over accumulation then you can easily diversify into other investments and not when you’re still in accumulation stage.

It is better to have a little back up fund than not having at all, So yeah individuals can decide how much back up funds they might be needing to start bitcoin investment. Not having the emergency funds readily available shouldn’t be a barrier for not starting bitcoin investment as one can get started with a discretionary income and along the line be building an emergency funds. Most times you can decide how much of your discretionary income you wish to allocate towards buying bitcoin and how much of it you will allocate towards building the emergency funds .

[adultcrypto]

An investor does not need to worry so much about cycles at the beginning of his investment. It is important to maintain consistency in investment while investing in Bitcoin. A new investor does not need to worry about how many cycles it will go through and what the price of Bitcoin will be after the cycle. These thoughts can create unnecessary mental instability in an investor.

Why some new investors worry is that they don’t know how the investment will end up; that’s how some new investors are feeling, and this is part of the reason why when we come to invest, having the basic understanding is very important so that you won’t be thinking otherwise after investing. Like me now as a newbie, I will not just jump into buying Bitcoin without seeking knowledge and experience; having those basics will teach a person how to handle the investments without having issues in the long term.

Even old investors does not know what the future holds because nothing is guaranteed. People simply hinge their faith on the decentralized nature of bitcoin and for the fact that bitcoin keeps getting better and more popular despite the criticism and crackdown by some higher authorities. From historic data of bitcoin, it has always rewarded those who trust in it and there are indications that it will continue to reward people who trust and hold especially now that there are institutional presence in the business. Therefore bitcoin is not going to fail us, it will keep getting better, this is our hope and the reason we are passionate to accumulate and hold.

[JayJuanGee]

The reason and advantages of an emergency funds cannot be underemphasize. Knowing how volatile Bitcoin is it becomes a healthy decision to keep up with probable ideas that will tend to make the investment profitable. Emergency has been part of life and planning ahead has been the best thing to do without thinking twice. Ordinarily, every day businesses or some entrepreneurs has failed because of getting loss thinking their business is flourishing without keeping backup funds for the business. The case is the same for Bitcoin even if it happens in different manner but at the end they all serve the same purpose which is to keep the investment healthy and growing stronger than before or just stable.

To individuals who are into business or other forms of investment, it is important to have more than one stream of income in the case one doesn’t turn out as expected, you’ll have other backbone to rely on, getting knowledge of emergency fund as a business man or a 9-5 salary earner is very important in the cases of emergency not just when it applies to Bitcoin investors.
But to newbies who probably has Bitcoin as their first known investment, not having an emergency or backup fund shouldn’t be a reason to not starting Bitcoin investment already. In as much as you’re willing to learn, starting accumulating already and simultaneously learning about Bitcoin and sorting backup funds and/or emergency fund should be a nice approach, all you need for a start is being able to sort out your discretionary fund and knowing how to buy and store your and store your Bitcoin. Limiting oneself from investing because of the absence of emergency fund isn’t really ideal from my perspective.

I largely agree with your statement to an extent, having different streams of income is good, but again as a new investor who’s just getting started with bitcoin investment, you must not wait until your have different streams of income before you can start investing in bitcoin ad all you need is to figure out a discretionary income to start your bitcoin investment. And even if you wish to diversify at some point in your investment, it is important to have focused on accumulating bitcoin with your discretionary income and reach your investment target, and build a healthy portfolio before thinking of diversifying into investments of having multiple streams of income so that you won’t have divided attention with your bitcoin investment because the moment one start having a divided attention they are liable to fumble with their investment goal or target. After reaching your accumulation target or perhaps over accumulation then you can easily diversify into other investments and not when you’re still in accumulation stage.

I cannot proclaim to know, with any precision, at what point guys might start to diversify into assets other than bitcoin and cash, yet it seems to me that if guys had put one year or more of the size of their income (or their expenses) into bitcoin, then presumptively they are simultaneously growing their back up funds too.. and so the growth of both of these (especially the back up funds) would justify putting and/or keeping back up funds into other assets, besides cash.

Overaccumulation stage (such as fuck you status) may well be 10 years of expenses (valued at the 200-WMA) or more, and so it seems unlikely that a guy would need to accumulate up to the heights of that level before it might start to make sense to diversify out of something other than bitcoin and cash.

These are not easy guidelines to try to discuss, since there could be some point that it is not even making sense to keep putting value into bitcoin, even though the guy is also not at  point where he can start to sell bitcoin either, especially not time-based sustainable withdrawal.

It is better to have a little back up fund than not having at all, So yeah individuals can decide how much back up funds they might be needing to start bitcoin investment. Not having the emergency funds readily available shouldn’t be a barrier for not starting bitcoin investment as one can get started with a discretionary income and along the line be building an emergency funds. Most times you can decide how much of your discretionary income you wish to allocate towards buying bitcoin and how much of it you will allocate towards building the emergency funds .

Even though you admit that there would be problems to not have enough back up funds (emergency funds), you also seem to be downplaying the idea of back up funds and suggesting that guys merely need bare minimum of back up funds and everything will be o.k... which surely seems like problematic (and risky) thinking to me... If a guy is investing into bitcoin for 4-10 years or beyond, then a lot of things can come up during that time in which income might go down and/or expenses might go up, and surely one of the larger mistakes that guys make is to sell too much bitcoin too soon because they are thinking that their holdings are in sufficient profits and maybe they are even presuming that they are going to be able to buy back cheaper.. and part of the reason that they had put themselves into such a situation is because they do not have enough cash and/or back up funds on hand... so guys need to be careful when they are downplaying the importance of back up funds, which frequently the first whole cycle can cause guys to fail to build their bitcoin holdings because they get sucked into trying to play the cycle because they either do not have enough cash or they believe that they do not have enough cash.

Hello mates, this thread is sort of a new one to me,I mean I am welcomed and could get a summary of what we have been and previously discussed

Since this is a self-moderated thread, I was thinking that I would delete your post, but instead, I decided that I am just going to use your post as an opportunity to call you retarded.

In other words, read the fucking thread or at least read the portions of the thread that are of interest to you rather than expecting other members (perhaps you are asking me to do it?) to do the work for you. 

Trolls request that others do the work for them and they create obligations for others rather than being helpful in themselves.  There are not too many places on the forum in which trolls are welcome, especially if they make it obvious that they are trolling and/or lazy fucks.

Many guys (who are not retarded and not trolls) will at least start out by reading the OP, and then maybe they will read through some recent posts posts in the thread... so then they have some ideas about some of the various themes and/or some of the recent posts.

[alankasman]

...

You don't need to think about short term when investing into bitcoin because bitcoin is volatile in nature and can put you into losses due to short-term price fluctuations. This is why you need to have a long-term mindset and focus on building your bitcoin stash overtime with your regular DCA weekly purchases from your discretionary income till you reach your bitcoin target..

You don't need any knowledge to invest in bitcoin apart from your discretionary income and learn whatever topic you need to know as you have started your bitcoin investment. The most important thing is for you to figure out if you have discretionary income or not to get started. Bitcoin investment is different from our traditional investment that you need a proper knowledge to get started.

If we have a stable income I think it's better to invest long-term. This means we always have an income without any delays whether weekly or monthly. However, once we have an income we still need to meet our needs. After meeting our needs I think there must be discretionary funds. With these funds I think it's better to consider long-term investments. Since we have an income it's natural for us to invest long-term. A stable income allows us to regularly accumulate funds for long-term investments.

That's true, because investment knowledge is only for those who can do it correctly. Without knowledge I think it's difficult to invest properly even with a large income. This can lead to a lack of direction in investing and ultimately our path can lead to problems. Therefore knowledge of how to invest is the most important thing for anyone starting out in Bitcoin.

[reagansimms]

I largely agree with your statement to an extent, having different streams of income is good, but again as a new investor who’s just getting started with bitcoin investment, you must not wait until your have different streams of income before you can start investing in bitcoin ad all you need is to figure out a discretionary income to start your bitcoin investment. And even if you wish to diversify at some point in your investment, it is important to have focused on accumulating bitcoin with your discretionary income and reach your investment target, and build a healthy portfolio before thinking of diversifying into investments of having multiple streams of income so that you won’t have divided attention with your bitcoin investment because the moment one start having a divided attention they are liable to fumble with their investment goal or target. After reaching your accumulation target or perhaps over accumulation then you can easily diversify into other investments and not when you’re still in accumulation stage.

I cannot proclaim to know, with any precision, at what point guys might start to diversify into assets other than bitcoin and cash, yet it seems to me that if guys had put one year or more of the size of their income (or their expenses) into bitcoin, then presumptively they are simultaneously growing their back up funds too.. and so the growth of both of these (especially the back up funds) would justify putting and/or keeping back up funds into other assets, besides cash.

Overaccumulation stage (such as fuck you status) may well be 10 years of expenses (valued at the 200-WMA) or more, and so it seems unlikely that a guy would need to accumulate up to the heights of that level before it might start to make sense to diversify out of something other than bitcoin and cash.

Some investors think the other way around. When they have $300 or $500, they immediately think about diversifying into other assets. Basically, the main foundation is not ready yet. Always make Bitcoin your primary growth asset by continuously DCAing as much as possible on a regular basis. Those who want to preserve their wealth and enjoy a better life in the future should focus their goal on accumulating as much Bitcoin as possible starting now because Bitcoin is a growth engine.

They need to tighten the engine first (Bitcoin) to avoid any problems on the way, after that they can focus on the brakes (cash) and the spare tire (other assets). Most investors make the mistake of diversifying from scratch, but the results are not significant. They should have collected as much Bitcoin as possible, then been patient and waited to reap the rewards.

[Padi24]

If they are not generating enough discretionary income to be able to buy bitcoin weekly then they can still buy however w,y they can, there is no mandate that a person must bey in a set period of time, personally I would say that if a person can't handle having to buy weekly or monthly they should just stick to buying when they have the discretionary income to buy with available to them, there is no reason to try to keep to s routine if availablity of your discretionary income won't allow it.
Having a routine is nice but if you can't manage it then buy whenever you can, having the discretionary income is what matters, when you buy depends on that.

I agree, consistency is valuable but we have to do it in such a way that it will not bring burden or affect our financial stability. The best accumulation strategy is the one you can sustain for Long term, if your discretionary income doesn't allow you to buy weekly or monthly, there's nothing wrong with buying whenever you figure out your discretionary income.  Bitcoin investment doesn't require a fixed schedule so if you ask me I would say that flexible approach is better than forcing a routine buying that puts unnecessary pressure in your finances.

[ZeroVinsonN]

Hello mates, this thread is sort of a new one to me,I mean I am welcomed and could get a summary of what we have been and previously discussed

Maybe read the OP so you know what the thread is about and then rest the responds too, to keep up try to see what's currently being talked about, I'm sure that won't be a difficult thing to do, there is a lot of knowledge to be gained here for a newbie as long as they are interested in learning.

If they are not generating enough discretionary income to be able to buy bitcoin weekly then they can still buy however w,y they can, there is no mandate that a person must bey in a set period of time, personally I would say that if a person can't handle having to buy weekly or monthly they should just stick to buying when they have the discretionary income to buy with available to them, there is no reason to try to keep to s routine if availablity of your discretionary income won't allow it.
Having a routine is nice but if you can't manage it then buy whenever you can, having the discretionary income is what matters, when you buy depends on that.

I agree, consistency is valuable but we have to do it in such a way that it will not bring burden or affect our financial stability. The best accumulation strategy is the one you can sustain for Long term, if your discretionary income doesn't allow you to buy weekly or monthly, there's nothing wrong with buying whenever you figure out your discretionary income.  Bitcoin investment doesn't require a fixed schedule so if you ask me I would say that flexible approach is better than forcing a routine buying that puts unnecessary pressure in your finances.

The more people try to treat their investment like it's some rigid strategy that won't bend to the changes in their discretionary income the more they will find out that they can not hold their investment, bitcoin investment is meant to be flexible and the DCA as an investment strategy provides that flexibility, people just need to figure out their discretionary income and buy when they can.

[johnsaributua]

...

I agree, consistency is valuable but we have to do it in such a way that it will not bring burden or affect our financial stability. The best accumulation strategy is the one you can sustain for Long term, if your discretionary income doesn't allow you to buy weekly or monthly, there's nothing wrong with buying whenever you figure out your discretionary income.  Bitcoin investment doesn't require a fixed schedule so if you ask me I would say that flexible approach is better than forcing a routine buying that puts unnecessary pressure in your finances.

True, but this all depends on the discretionary funds we have. With those funds I think someone will have a consistent attitude towards Bitcoin accumulation because that's the most important part for anyone who wants to accumulate Bitcoin.

Despite having a consistent attitude in doing what if someone does not have discretionary funds while the income earned by someone is very limited so many people sometimes do not realize that what they convey will not be the same as what is experienced by those who have very minimal income and I also ensure that if they have income and have discretionary funds of course they will also do it using a strategy that can be done in the long term on investment because everyone also wants to do it that way only because limitations make it difficult for them to accumulate Bitcoin.

[G_Besar]

Hello mates, this thread is sort of a new one to me,I mean I am welcomed and could get a summary of what we have been and previously discussed

It's okay if you're new here, because anyone can discuss it. And if you don't understand the discussion in this thread yet, you can read the title and also the content on the main page so you won't be confused when you want to discuss it in more depth. And from what I've seen so far, the discussion here is more focused on investing and not just trading, even though the thread is in the trading section. So, you don't need to be confused by this, because each thread has a title and content, so everyone should understand that before discussing it.

[Doan9269]

Hello mates, this thread is sort of a new one to me,I mean I am welcomed and could get a summary of what we have been and previously discussed

The title should be the first impression to introduce the intention of thisthread for you, read the first five pages and as well follow up with the discussions as everyone is bringing their ideas and you could quickly grab on what its all about, to learn is not something difficult to achieve as long as you are able to align with the discussion that is ongoing about the subject matter, indeed many of benefited a lot from this and there are still more opportunity to discuss further about what is still ahead of our bitcoin investment and decision strategy.

[KeenanEl19]

...

You don't need to think about short term when investing into bitcoin because bitcoin is volatile in nature and can put you into losses due to short-term price fluctuations. This is why you need to have a long-term mindset and focus on building your bitcoin stash overtime with your regular DCA weekly purchases from your discretionary income till you reach your bitcoin target..

You don't need any knowledge to invest in bitcoin apart from your discretionary income and learn whatever topic you need to know as you have started your bitcoin investment. The most important thing is for you to figure out if you have discretionary income or not to get started. Bitcoin investment is different from our traditional investment that you need a proper knowledge to get started.

If we have a stable income I think it's better to invest long-term. This means we always have an income without any delays whether weekly or monthly. However, once we have an income we still need to meet our needs. After meeting our needs I think there must be discretionary funds. With these funds I think it's better to consider long-term investments. Since we have an income it's natural for us to invest long-term. A stable income allows us to regularly accumulate funds for long-term investments.

That's true, because investment knowledge is only for those who can do it correctly. Without knowledge I think it's difficult to invest properly even with a large income. This can lead to a lack of direction in investing and ultimately our path can lead to problems. Therefore knowledge of how to invest is the most important thing for anyone starting out in Bitcoin.

When we already have a stable income, especially clearly with the amount and time, and on the other hand we think about our own future and want to prepare it, there are many things we can do to prepare it, one of which is to invest, Of course, if indeed our situation is able, especially stable, then investment can be an option that is done. With a stable income statement, of course, this supports investments made in the long term.

Do not feel defeated or left behind by not starting it, we can start with the beginning of a small amount or obviously in accordance with our own kemamapuan. From the stable income that we have, discretionary income will be created and that's why we can invest. apart from that, don't forget other things that also play an important role such as emergency funds that can protect the investments we make.

[sotelorene]

Hello mates, this thread is sort of a new one to me,I mean I am welcomed and could get a summary of what we have been and previously discussed

The thread is basically on the ideas on how to purchase bitcoin and hold it for a long period of time using your discretionary income and it has been noted that the best strategy to use in purchasing or accumulating bitcoin is the DCA (dollar cost averaging) because it allows both the rich and poor to purchase. Moreover, this method can help an investor to accumulate bitcoin at a given price of the market regardless of the amount the investor but it should be from their discretionary income because that is a leftover and a fund someone can afford to lose.

NOTE: These are not all and i will indulge you read comprehensively.

[Munaland]

Hello mates, this thread is sort of a new one to me,I mean I am welcomed and could get a summary of what we have been and previously discussed

Use your time to read what the thread is all about, myself I do read very well before I post, I dont jump into discussion I don't understand what the discussion is all about, if you look at the thread it's discussing bitcoin investment ideas, so if you dont bitcoin investment ideas you will not discuss here, so i disagree with with you that this thread is sort of new ones.

[Yablee0]

Hello mates, this thread is sort of a new one to me,I mean I am welcomed and could get a summary of what we have been and previously discussed

Use your time to read what the thread is all about, myself I do read very well before I post, I dont jump into discussion I don't understand what the discussion is all about, if you look at the thread it's discussing bitcoin investment ideas, so if you dont bitcoin investment ideas you will not discuss here, so i disagree with with you that this thread is sort of new ones.

Then if that is the case I will advise you do more of navigating round the thread for better understanding, do more of reading than writing I believe it will go a long way in helping you out on things you really need to know about this thread. And more importantly, you can read from the very first page where the op ( JayjuanGee) highlighted so many important things. I just hope you grab some cool investment knowledge from here if you really want to.

[Stive009]

I think we should be careful not to be treating the four year cycle as if it is a guarantee of more recent market outcomes. The fact that it has happened several times in the past doesn’t mean it must happen again the same way

Of course every market cycle has unfolded under different conditions over the years, but while history can be able to give us a perspective of what might happen in the market, but it shouldn’t be the basis for certainty.

Perhaps investing with the understanding of bitcoin fundamentals and having a long term outlook is a more better approach than trying to rely on historical patterns before making investments decisions. That way even if the market behaves differently one day, you’re gonna be less likely to be caught off guard.

I agree with you. For me, I think the four year cycle is something we should learn from, not something to depend on because no one knows what  the next cycle will be like or if the next cycle will look like the previous ones.

That's why I  will tell investors not to  base their investment on market patterns or sentiment. I prefer  to stick to DCA, by using my discretionary income and focus  mainly on accumulating Bitcoin for the long term. If history repeats itself, that's fine. But if it  doesn't I will still stick to a plan that doesn't depend on predicting the market.

An investor does not need to worry so much about cycles at the beginning of his investment. It is important to maintain consistency in investment while investing in Bitcoin. A new investor does not need to worry about how many cycles it will go through and what the price of Bitcoin will be after the cycle. These thoughts can create unnecessary mental instability in an investor.

In a volatile market like the Bitcoin market overthinking short term cycles or price predictions is just adding to your stress. Many people fall victim to FOMO selling when trying to predict market cycles or future prices in new situations. Buying at the top and selling at a loss when the bottom hits is a mistake that 90% of new investors make.
The most effective strategy is DCA investing. When someone gives more importance to surviving the market than price action, they can rise above market sentiment and succeed in the long run. People who invest a certain amount of their own money every month or week with a calm mind are the winners at the end of the day, rather than people who go to bed looking at charts every day and think mentally. The main mantra for surviving in the Bitcoin market is emotion control and discipline.

[BitBakerr1]

Hello mates, this thread is sort of a new one to me,I mean I am welcomed and could get a summary of what we have been and previously discussed

Okay at your service.
1. Accumulate bitcoin and hold for a very long period of time let say 5 to 10 years and above.
2. Use only your discretionary income to accumulate bitcoin.
3. You need to have backup funds such as emergency, reserve and float funds, having this funds will help you prevent dipping hands into your bitcoin when emergency comes up, backup funds is your safe net.
4. Don’t wait to have all the knowledge about bitcoin before investing, just have the basic knowledge and then start.
5. Don’t trade bitcoin because it’s very risky.
6. We don’t discuss alt coins here it is all about bitcoin.

This and many more are all what we are discussing here, do well to do some reading too.

[Alonso_]

That's true, because investment knowledge is only for those who can do it correctly. Without knowledge I think it's difficult to invest properly even with a large income. This can lead to a lack of direction in investing and ultimately our path can lead to problems. Therefore knowledge of how to invest is the most important thing for anyone starting out in Bitcoin.

But we don’t need that knowledge to start investing in bitcoin, what you need to start investing in bitcoins is a discretionary income, you can have this  knowledge that you’re talking about, but if you don’t have a discretionary income you can’t start investing in bitcoin, so I feel the most important thing we should prioritize as an investor is to have a discretionary income.
I don’t think knowledge of how to start is the most important thing, someone who is ready to start investing in Bitcoin would definitely know how to start buying Bitcoin, but personally I would have to prioritize having a discretionary income.

[SmartCharpa]

There are many reasons why a newbie should understand Bitcoin much better before they invest.

It surely looks like you are getting this whole scenario wrong. No need for us as a new investors wasting into learning things about bitcoin or understanding much about bitcoin before we can start our investment in it, with just little basic of how bitcoin works we can begin our investment.
The only important thing which can be as an obstacle to our investment journey is the discretionary income, when availability of discretionary income isn’t found then we can shift our journey but as soon as we grab our discretionary income we can proceed with our journey and build our bitcoin knowledge and also emergency funds and many more adjectives which are necessary.
But we sitting around hoping to understand bitcoin more before investing isn’t welcome at all not here in this thread.

Sure, there’s no need to get everything perfect before a newbie can start investing. But if you have quoted everything I said, you would know that I didn’t mean everything should be done perfect from the beginning because that is just a waste of time. The time you spend to learn everything perfect can be used to start accumulating and learn more while you’re still buying. But you should know that understanding everything perfect is different from knowing what you are investing your money into.

Many newbies will only be happy when they see the market rising, but they don’t like it when the market is falling. A newbie should understand that Bitcoin also has disadvantages because there are risks involved, and nobody can predict its next move. If they understand it better, they cannot hold you responsible for not informing them before they invest. So as you said, a newbie should understand that they should not invest outside their discretionary income to avoid unnecessary pressure.

[Popkon6]

Hello mates, this thread is sort of a new one to me,I mean I am welcomed and could get a summary of what we have been and previously discussed

JJG’s Outline of Bitcoin Investment Ideas: https://bitcointalk.org/index.php?topic=5376945.msg58719584#msg58719584

If you don't see the first page of what has been discussed here from the past to the present, you won't understand what the title is. You must make the first post and know all the things, so I have given the link above, you must enter.

Here we are discussing how to hold Bitcoin investments for the long term, and to keep many safe, you have to be careful and collect the wallet key properly and keep it secret. No matter how we invest in Bitcoin, our Bitcoin investment goal will be to do it for the long term in the future, investing in Bitcoin for the long term will definitely have less risk and more potential for profit.

[Tetu100]

If they are not generating enough discretionary income to be able to buy bitcoin weekly then they can still buy however w,y they can, there is no mandate that a person must bey in a set period of time, personally I would say that if a person can't handle having to buy weekly or monthly they should just stick to buying when they have the discretionary income to buy with available to them, there is no reason to try to keep to s routine if availablity of your discretionary income won't allow it.
Having a routine is nice but if you can't manage it then buy whenever you can, having the discretionary income is what matters, when you buy depends on that.

I agree, consistency is valuable but we have to do it in such a way that it will not bring burden or affect our financial stability. The best accumulation strategy is the one you can sustain for Long term, if your discretionary income doesn't allow you to buy weekly or monthly, there's nothing wrong with buying whenever you figure out your discretionary income.  Bitcoin investment doesn't require a fixed schedule so if you ask me I would say that flexible approach is better than forcing a routine buying that puts unnecessary pressure in your finances.

You are making sense here because we are not in any form of competition in our investment journey so we shouldn't pressure ourselves for no cost. However, their is nothing as good as having peace of mind in our investment, therefore for us to be accumulating Bitcoin at our convinent time is more of a greater advantage that can help keep an investors stay healthy and make us hit up our investment goal without any tension of selling under pressure. So in essence, all fingers are not equal so since bitcoin investment can accommodate every set of persons, it's better to stick to a specific strategy that won't stress you.