Buy Buy Buy or Sell Sell Sell?

[Myleschetty]

However, having a steady income is insufficient if we wish to invest in Bitcoin because, when we consider the annual loss of purchasing power associated with fiat currency,

You concern in inflation should not apply here, tell me how can you have discretionary income to ongoingly invest for long term if you claim that steady income is insufficient huh?

There's no reason not to apply inflation here, since the discussion is about Bitcoin investments, and one reason we see the creation of BTC is the government's 10% inflation policy. Bitcoin is being seen as a hedge against fiat currency inflation, which is the reason most investors see it as the next option.
We cannot talk about BTC's importance and remove inflation. Why should we remove inflation when we're talking about investment in BTC?
Having discretionary income will help cement the long term investment in BTC, and that's why I said having a steady income is not enough.


The topic of discussion is Bitcoin investments, and the government's 10% inflation policy is one of the reasons we see the creation of BTC. There is no reason not to apply inflation in this discussion.
The majority of investors view Bitcoin as the next option because it is perceived as a hedge against the inflation of fiat currencies. Therefore, inflation cannot be eliminated while discussing the significance of Bitcoin. Why should we eliminate inflation when discussing Bitcoin investments?
Having discretionary income will strengthen the longterm investment in Bitcoin, which is why I stated that a consistent income is insufficient.

Steady income that are in fiat can loose value yes, but in my opinion you are over thinking this thing because how else do you intend to get spare money that you can be having to ongoingly participate in bitcoin investment without gambling with money for immediate need if not from a steady income. Inflation or no inflation steady income is always foundational.

You don't need to gamble for quick money. Just look around you for people's issues and offer a solution, or learn a skill and make money from it.

[Jaksonhard]

As long as your income in enough to pay for your bills with some left overs then you will definitely be able to generate discretionary income from it because of that's exactly what those left overs are , having discretionary income problems come up when your income is not enough to generate discretionary and the best thing to do in a situation like this is usually to build on your current source of income which could involve cutting down on some expenses or you could push for a alternative source of income, there is nothing wrong with earning from more than one place after all, your bitcoin investment can only push forward if you can generate the necessary discretionary income to push it forward with.

I think it is right and logical to increase income sources to create discretionary income. Investing in Bitcoin by reducing your current expenses and creating discretionary income is an investment with a weak income flow. I think you should first fully cover all your expenses. After meeting your family's needs 100%, if you have money left over, you can invest in Bitcoin with that money. Or try to increase your income sources. I don't think it is logical to invest in Bitcoin by reducing your expenses and creating a deficit in your beautiful lifestyle.

Considering investments, such as Bitcoin, is something to do only after your financial situation is stable. If you are cutting back on necessary spending to make an investment, then it may put pressure on you in your daily life. You should first make sure you have enough money to meet all of your family's needs, including all bills and savings, before making additional investments. When you have enough money left over to invest in something like Bitcoin or stocks, then that decision is made based on having extra funds to use for your family's needs. By investing at a slow pace you can add to your income, but also be secure and sustainable through many different income sources.

[WIYO1]

As long as your income in enough to pay for your bills with some left overs then you will definitely be able to generate discretionary income from it because of that's exactly what those left overs are , having discretionary income problems come up when your income is not enough to generate discretionary and the best thing to do in a situation like this is usually to build on your current source of income which could involve cutting down on some expenses or you could push for a alternative source of income, there is nothing wrong with earning from more than one place after all, your bitcoin investment can only push forward if you can generate the necessary discretionary income to push it forward with.

I think it is right and logical to increase income sources to create discretionary income. Investing in Bitcoin by reducing your current expenses and creating discretionary income is an investment with a weak income flow. I think you should first fully cover all your expenses. After meeting your family's needs 100%, if you have money left over, you can invest in Bitcoin with that money. Or try to increase your income sources. I don't think it is logical to invest in Bitcoin by reducing your expenses and creating a deficit in your beautiful lifestyle.

It is essential that all necessary expenses within your family are satisfied before considering Investment in Bitcoin. There is nothing like cut in all necessary Expenses, only to rush to be able to accommodate your family’s basic needs & Then create more Pressure through Letdown Expenses While in Investment mode. Investing can be accomplished easily through increasing one’s Income or using excess funds; after that there is a comfort level of investing without compromising your ability to maintain your current home or your own peace of mind. When you plan and take your time, you will also find that Investments are safe and very sustainable for many years.

[I_Anime]

They believe to much on Bitcoin that's why they have said those things, but actually our consistency with our investment will actually depends on our stable income, We could get that by having a stable job since steady source of income will play huge role on our investments. Since without having reliable source of income our accumulation will not became sustainable and they might face lots of issue which can possibly cause a total failure.

They could have great foundation if they know how to protect their job and became well discipline with their income. Then after that Bitcoin will come after, so choose the best approach and invest wisely to increase their chance to succeed on their long term investment on Bitcoin.

Indeed, having a steady income will be very beneficial, and consistency is always necessary if we want to succeed in everything. However, having a steady income is insufficient if we wish to invest in Bitcoin because, when we consider the annual loss of purchasing power associated with fiat currency, we also need a job or service to obtain discretionary funds to perfect our Bitcoin investment.

For one to invest he or she must have some discretionary income , having a steady income will make things lighter for you. There’s always a way you can reduce expenses in order to have enough discretionary income . And you don’t have to start accumulating big , you can start with what your budget can cover first even it is as low as $10 is still something Aslong your investment is increasing at fixed time you set for your dca .

[CageMabok]

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For one to invest he or she must have some discretionary income , having a steady income will make things lighter for you. There’s always a way you can reduce expenses in order to have enough discretionary income . And you don’t have to start accumulating big , you can start with what your budget can cover first even it is as low as $10 is still something Aslong your investment is increasing at fixed time you set for your dca .

What you're saying is clearly on the right track. Anyone who wants to be a long-term investor holding Bitcoin must have a steady source of income that can be used to regularly purchase Bitcoin whenever they have the funds. So, it's clear that starting doesn't require a large amount of money, although having a substantial amount would be better. However, as long as you have the desire to continue doing it regularly, even small amounts can be very beneficial if used directly for this purpose. Because over time, such accumulation can also become substantial when purchased continuously without interruption.

[Rabata]

Not to sell your Bitcoin in a short time you can reduce your expenses, think on how to grow some other means of getting income, when the expenses is increasing there is every need to pause if their is not discretionary income and continue back from where you stop if life start getting better again. There should also be a room for an emergency fund when accumulating it can safe guild your investment not to get sold out when their is any serious issues or an unexpected events, so i think that having an emergency fund can also help an investor to hodl for long and not to sell in a short period.

We have to fulfill our basic needs to survive, reducing expenses is a good initiative but it may not be effective for everyone in all situations. Alternative sources of income can be arranged to increase income but investment decisions should be made in line with real life financial constraints. In long-term investments, there is a need for emergency funds which help in dealing with unexpected situations. So trying to reduce or control your expenses, increase your income and create an emergency fund is helpful in long-term investments.

For some, only reducing expenses may not be helpful to avoid selling in the short term, and only increasing income without reducing expenses may not be helpful. Different situations may arise in each individual. So if one is sure that after fulfilling all the needs and wants, the remaining money is being invested and it will not create financial problems even if the money is lost, in this case it reduces the possibility of panic selling due to market decline. In my opinion, if someone is struggling to meet his basic needs and has income problems, then it may be realistic to temporarily stop investing and start again later.

[Grease5000]

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For one to invest he or she must have some discretionary income , having a steady income will make things lighter for you. There’s always a way you can reduce expenses in order to have enough discretionary income . And you don’t have to start accumulating big , you can start with what your budget can cover first even it is as low as $10 is still something Aslong your investment is increasing at fixed time you set for your dca .

What you're saying is clearly on the right track. Anyone who wants to be a long-term investor holding Bitcoin must have a steady source of income that can be used to regularly purchase Bitcoin whenever they have the funds. So, it's clear that starting doesn't require a large amount of money, although having a substantial amount would be better. However, as long as you have the desire to continue doing it regularly, even small amounts can be very beneficial if used directly for this purpose. Because over time, such accumulation can also become substantial when purchased continuously without interruption.

. I totally agree with you on the point of starting small. The plan should be to make it habitual, so it becomes part of one financial routine. And by using DCA it help to smooth out price valotility.
It is also important that one try as much as possible to trim his expenses in order to save money it could cooking at home rather than eating out. This can help to save money to be use in purchasing more bitcoin or one can equally add it to his emergency fund. In for one to successfully accumulate and hold bitcoin for the long term it requires discipline  and patience, because investing isn't in quick gain but in long term growth.

[Solokan]

Not to sell your Bitcoin in a short time you can reduce your expenses, think on how to grow some other means of getting income, when the expenses is increasing there is every need to pause if their is not discretionary income and continue back from where you stop if life start getting better again. There should also be a room for an emergency fund when accumulating it can safe guild your investment not to get sold out when their is any serious issues or an unexpected events, so i think that having an emergency fund can also help an investor to hodl for long and not to sell in a short period.

Yes, it's true that an emergency fund is absolutely necessary. If we don't accumulate it, we might not be able to hold our BTC long-term. However, we definitely need to improve our real-world economy because sometimes our needs are large and sometimes small. Of course, if we can't improve our economy, even if we have an emergency fund, we might end up selling our BTC because the need is so great that we end up using all our emergency funds and selling our BTC.

But in my opinion, the most important thing is to enjoy life. If you want to invest, the most important thing is to use discretionary income or money you can afford to lose. By the way, BTC's price is currently dropping again, and I think this is a happy moment for anyone who is investing.

[MissNonFall9]

What you're saying is clearly on the right track. Anyone who wants to be a long-term investor holding Bitcoin must have a steady source of income that can be used to regularly purchase Bitcoin whenever they have the funds. So, it's clear that starting doesn't require a large amount of money, although having a substantial amount would be better. However, as long as you have the desire to continue doing it regularly, even small amounts can be very beneficial if used directly for this purpose. Because over time, such accumulation can also become substantial when purchased continuously without interruption.

I think it is more important to have a discretionary income than a fixed income. Because some people have a fixed income but do not have any extra money to invest from it after meeting the basic needs of the family. Again it is very important to have an emergency fund for investing in Bitcoin, which will help us in any emergency and will not harm the investment and holding. And you are right that we do not need a lot of money to invest in Bitcoin regularly, it can be ten dollars on a weekly or monthly basis or whatever amount you feel comfortable with. But investing and holding it is very important.

[Gallar]

Considering investments, such as Bitcoin, is something to do only after your financial situation is stable. If you are cutting back on necessary spending to make an investment, then it may put pressure on you in your daily life. You should first make sure you have enough money to meet all of your family's needs, including all bills and savings, before making additional investments. When you have enough money left over to invest in something like Bitcoin or stocks, then that decision is made based on having extra funds to use for your family's needs. By investing at a slow pace you can add to your income, but also be secure and sustainable through many different income sources.

Yes, on several points, I agree with you, my friend. It's true that investing when your needs aren't met is not a good idea. Needs come first, and when they are met, we can certainly start formulating an investment plan in Bitcoin. But when it comes to having to wait for financial stability to invest in Bitcoin, I think this assumption may or may not be true. Sometimes, a person doesn't need to be in a completely comfortable situation to start.

The most important thing is having discretionary funds; that's when we can start and buy immediately. In my opinion, don't invest when you truly don't have any discretionary funds. Forcing yourself to invest with non-discretionary funds is clearly very risky. This is a long-term investment, and once your money has been invested in Bitcoin, it must be held for a considerable period of time. So, that's the bottom line, in my opinion.

[As-Soon-As]

They believe to much on Bitcoin that's why they have said those things, but actually our consistency with our investment will actually depends on our stable income, We could get that by having a stable job since steady source of income will play huge role on our investments. Since without having reliable source of income our accumulation will not became sustainable and they might face lots of issue which can possibly cause a total failure.

They could have great foundation if they know how to protect their job and became well discipline with their income. Then after that Bitcoin will come after, so choose the best approach and invest wisely to increase their chance to succeed on their long term investment on Bitcoin.

Indeed, having a steady income will be very beneficial, and consistency is always necessary if we want to succeed in everything. However, having a steady income is insufficient if we wish to invest in Bitcoin because, when we consider the annual loss of purchasing power associated with fiat currency, we also need a job or service to obtain discretionary funds to perfect our Bitcoin investment.

For one to invest he or she must have some discretionary income , having a steady income will make things lighter for you. There’s always a way you can reduce expenses in order to have enough discretionary income . And you don’t have to start accumulating big , you can start with what your budget can cover first even it is as low as $10 is still something Aslong your investment is increasing at fixed time you set for your dca .

If you maintain a consistent purchase in Bitcoin investment, it will definitely be possible to maintain your investment in the long term and your portfolio will gradually grow. However, discretionary income plays the biggest role in Bitcoin investment, the person whose income source is better, the person will be able to use the DCA method to a greater extent. So in this case, we will not consider that, but will consider investing in Bitcoin according to your ability, saving for the future.
So in this case, you can start your Bitcoin investment journey with as much money as you can use, because if the Bitcoin investment period is 10 to 12 years, then of course you can increase your wealth in a large portfolio even by using a small amount of money.

[ZeroVinsonN]

As long as your income in enough to pay for your bills with some left overs then you will definitely be able to generate discretionary income from it because of that's exactly what those left overs are , having discretionary income problems come up when your income is not enough to generate discretionary and the best thing to do in a situation like this is usually to build on your current source of income which could involve cutting down on some expenses or you could push for a alternative source of income, there is nothing wrong with earning from more than one place after all, your bitcoin investment can only push forward if you can generate the necessary discretionary income to push it forward with.

I think it is right and logical to increase income sources to create discretionary income. Investing in Bitcoin by reducing your current expenses and creating discretionary income is an investment with a weak income flow. I think you should first fully cover all your expenses. After meeting your family's needs 100%, if you have money left over, you can invest in Bitcoin with that money. Or try to increase your income sources. I don't think it is logical to invest in Bitcoin by reducing your expenses and creating a deficit in your beautiful lifestyle.

It is essential that all necessary expenses within your family are satisfied before considering Investment in Bitcoin. There is nothing like cut in all necessary Expenses, only to rush to be able to accommodate your family’s basic needs & Then create more Pressure through Letdown Expenses While in Investment mode. Investing can be accomplished easily through increasing one’s Income or using excess funds; after that there is a comfort level of investing without compromising your ability to maintain your current home or your own peace of mind. When you plan and take your time, you will also find that Investments are safe and very sustainable for many years.

A lot of people actually spend more than they need to on essentials, they unintentionally waste electricity so they end up paying more for it, when ever they are restocking on provisions they tend to go for the bigger and more expensive brands due to popularity when they can go for relatively cheaper ones that offer the same level of service, I've seen a lot of these behaviours around me, you see people who want to live as big as the next person when they are not earning nearly as much, there are quite some ways to cut down on expenses, maybe take public transport rather than ordering an Uber and see how much you will save at the end of the month.

[Barikui1]

, we definitely need to improve our real-world economy because sometimes our needs are large and sometimes small. Of course, if we can't improve our economy, even if we have an emergency fund, we might end up selling our BTC because the need is so great that we end up using all our emergency funds and selling our BTC.

I don't really understand the economy you are talking off, but let me make this clear to you, any investor that can't take care of his or her basic needs have no business investing in Bitcoin because he wouldn't have a discretionary income to invest with, since his basic needs has not been properly taken care of, and if in that process he went ahead to invest, he will at a point later sell off or part of his holdings just to address that pressing basic needs that is on his neck, so it's not a good idea to go ahead to invest if you have not taken proper care of yourself and your basic needs.

Secondly, their is no where it is written that you must invest every month ending or week ending, if your basic needs is too high that month or week ending and you can't figure out your discretionary income, not investing that weekend or month ending is not a bad idea, because you can still invest in the coming months or week's when your discretionary income is available, not by forcing things and be putting yourself in difficult state in the process .

[sotelorene]

What you're saying is clearly on the right track. Anyone who wants to be a long-term investor holding Bitcoin must have a steady source of income that can be used to regularly purchase Bitcoin whenever they have the funds. So, it's clear that starting doesn't require a large amount of money, although having a substantial amount would be better. However, as long as you have the desire to continue doing it regularly, even small amounts can be very beneficial if used directly for this purpose. Because over time, such accumulation can also become substantial when purchased continuously without interruption.

I think it is more important to have a discretionary income than a fixed income. Because some people have a fixed income but do not have any extra money to invest from it after meeting the basic needs of the family. Again it is very important to have an emergency fund for investing in Bitcoin, which will help us in any emergency and will not harm the investment and holding. And you are right that we do not need a lot of money to invest in Bitcoin regularly, it can be ten dollars on a weekly or monthly basis or whatever amount you feel comfortable with. But investing and holding it is very important.

I don't really understand what you meant by " more important to have a discrestionary income than a fixed income"  it seems you are confused and you are kinda far from what we are discussing because we don't really need anything about fixed income in Bitcoin investment but rather what we need is a discrestionary income which is gotten from our source of income after all necessities have been taken care of and secondly, emergency funds is very vital in our Bitcoin investment but it is not meant to be used in accumulating Bitcoin but for emergencies alone and don't lure newbie into this because it's not correct.

[Rockstarguy]

As long as your income is enough to pay for your bills with some left overs then you will definitely be able to generate discretionary income from it because of that's exactly what those left overs are , having discretionary income problems come up when your income is not enough to generate discretionary and the best thing to do in a situation like this is usually to build on your current source of income which could involve cutting down on some expenses or you could push for a alternative source of income, there is nothing wrong with earning from more than one place after all, your bitcoin investment can only push forward if you can generate the necessary discretionary income to push it forward with.

Sometimes some people's income is even more than enough, but they feel it is not enough because of how they manage it. You don't really need a huge income before investing in Bitcoin; with a little income, you can even start somewhere by investing an amount that you can afford.

I have come to conclude that irrespective of what one earns and if there is interest in investing in Bitcoin, with good management of funds, it is still possible to create a discretionary fund and also to invest in Bitcoin.

[Xackie]

They believe to much on Bitcoin that's why they have said those things, but actually our consistency with our investment will actually depends on our stable income, We could get that by having a stable job since steady source of income will play huge role on our investments. Since without having reliable source of income our accumulation will not became sustainable and they might face lots of issue which can possibly cause a total failure.

They could have great foundation if they know how to protect their job and became well discipline with their income. Then after that Bitcoin will come after, so choose the best approach and invest wisely to increase their chance to succeed on their long term investment on Bitcoin.

Indeed, having a steady income will be very beneficial, and consistency is always necessary if we want to succeed in everything. However, having a steady income is insufficient if we wish to invest in Bitcoin because, when we consider the annual loss of purchasing power associated with fiat currency, we also need a job or service to obtain discretionary funds to perfect our Bitcoin investment.

For one to invest he or she must have some discretionary income , having a steady income will make things lighter for you. There’s always a way you can reduce expenses in order to have enough discretionary income . And you don’t have to start accumulating big , you can start with what your budget can cover first even it is as low as $10 is still something Aslong your investment is increasing at fixed time you set for your dca .

If you maintain a consistent purchase in Bitcoin investment, it will definitely be possible to maintain your investment in the long term and your portfolio will gradually grow. However, discretionary income plays the biggest role in Bitcoin investment, the person whose income source is better, the person will be able to use the DCA method to a greater extent. So in this case, we will not consider that, but will consider investing in Bitcoin according to your ability, saving for the future.
So in this case, you can start your Bitcoin investment journey with as much money as you can use, because if the Bitcoin investment period is 10 to 12 years, then of course you can increase your wealth in a large portfolio even by using a small amount of money.

Yes being consistent is very important, yet another thing that investors overlook sometimes is increasing their contribution over time. Some have a low discretionary income due their low salary but when they have a chance to start earning a higher income, they don't increase their Discretionary income. What they don't know is increasing your Discretionary income helps you accumulate and hold more Bitcoin. Even small increases can make a big difference after many years. When income grows, the DCA amount should also improve. To have a profitable long term investment, you must be willing to adjust your Discretionary income as your financial situation improves.

[Cyber_warrior]

As long as your income is enough to pay for your bills with some left overs then you will definitely be able to generate discretionary income from it because of that's exactly what those left overs are , having discretionary income problems come up when your income is not enough to generate discretionary and the best thing to do in a situation like this is usually to build on your current source of income which could involve cutting down on some expenses or you could push for a alternative source of income, there is nothing wrong with earning from more than one place after all, your bitcoin investment can only push forward if you can generate the necessary discretionary income to push it forward with.

Sometimes some people's income is even more than enough, but they feel it is not enough because of how they manage it. You don't really need a huge income before investing in Bitcoin; with a little income, you can even start somewhere by investing an amount that you can afford.

I have come to conclude that irrespective of what one earns and if there is interest in investing in Bitcoin, with good management of funds, it is still possible to create a discretionary fund and also to invest in Bitcoin.

That's true some people are actually not managing their income well enough to be able to invest. Investment has been made accessible to almost all levels of income by adopting the DCA strategy but the problem is always managing their income properly to be able to create a discretionary fund and also an emergency fund.

If your income is low to create both discretionary fund and emergency fund you don't have to start investing right away you can start by managing your income to build emergency funds and then discretionary fund to invest. If well managed you can build them gradually.

Managing your funds effectively means you should be mindful about your spendings and track your expenses and prioritize your needs over wants it will help to be able to allocate a budget for discretionary and emergency funds.

[PhilosopherKing]

Considering investments, such as Bitcoin, is something to do only after your financial situation is stable.

As long as you have discretionary income and can improve your financial situation while ongoingly investing then fuck the idea that you must wait for financial stability before starting.

You lot keep forgetting that discretionary income can come from many places it dosen't have to be from stable income.

It can came from lowering useless expenses that people blow money on. it can come as gift your family member and people around you and rather than you blowing up that cash on worthless things you can you it to started small to ongoingly invest while also figuring how stabilize and improve your financial life.

[Rockson1]

Sometimes some people's income is even more than enough, but they feel it is not enough because of how they manage it. You don't really need a huge income before investing in Bitcoin; with a little income, you can even start somewhere by investing an amount that you can afford.

I have come to conclude that irrespective of what one earns and if there is interest in investing in Bitcoin, with good management of funds, it is still possible to create a discretionary fund and also to invest in Bitcoin.

Ignorance they say is a disease, mismanagement of funds is one of the problem faced by individuals and because this, they make serious excuses why they are not able to invest in Bitcoin, I know that some persons are faced with many financial problems but I do not think that it should be the reason they should present excuses to back their lapses, for DCA and discreationary income to be mentioned in Bitcoin investment, it means that the inventor himself understands that every needs to be part of Bitcoin investment although those that finds it to be a safe and trusted way of investing digitally for the future, Bitcoin investment is investment made easy, low income and high income eqrhees can invest in it because from whatever amount we earn there is discreationary income in it what differentiates both income earners is that there discreationary income will not be equal that means the higher your income, the higher your discreationary income, one thing is for sure, there's no limit to the sources of income we can have, it all depends on how determined we are.

[allfriends88]

That's true some people are actually not managing their income well enough to be able to invest. Investment has been made accessible to almost all levels of income by adopting the DCA strategy but the problem is always managing their income properly to be able to create a discretionary fund and also an emergency fund.

If your income is low to create both discretionary fund and emergency fund you don't have to start investing right away you can start by managing your income to build emergency funds and then discretionary fund to invest. If well managed you can build them gradually.

Managing your funds effectively means you should be mindful about your spendings and track your expenses and prioritize your needs over wants it will help to be able to allocate a budget for discretionary and emergency funds.

One important and noteworthy point is fund management, as it's crucial for the success of our investments. If you manage your funds properly, you won't have to worry about not being able to invest. Whether you set aside a little or a lot, you'll still be able to say you've learned how to invest effectively.
Whether you realize it or not, improper fund management, even if you have a substantial monthly income, is useless. So, anyone can invest if they can manage their finances well. The only difference is the amount they can invest. That's all.