Buy Buy Buy or Sell Sell Sell?

[Obulis]

It’s not just because you feel you have money and  you pack all of them to buy bitcoin. It’s not just called capital, are you sure that this money you’re using to buy and invest in bitcoin is the money you can afford to lose, have you sorted out your basic financial obligations or needs, you don’t just invest with money in bitcoin but rather you invest with a discretionary income which is the money left with you after sorting out your major primary or basic financial obligations. Buying bitcoin at a much reduced price is an opportunity and I’m sure everyone will be happy to get such opportunity, but sitting down doing nothing and waiting for such opportunity to come before buying bitcoin is totally illogical and wrong mindset. As a long term investor, it’s better to focus on figuring out a discretionary income to use and buy bitcoin regularly even while you’re waiting for the opportunity to buy in a more reduced price and if such opportunity comes you will only take advantage of that to buy even more at such a reduced price if you have the reserve funds, but if not you just focus and continue with your ongoingly DCA.

The mistake of buying bitcoin outside of our discretionary income has led to alot of people selling too early and at a loss, something that could have very easily been avoided if they had employed common sense and invested with their discretionary knowing fully well that they would be able to get anything out of their investment anytime soon, maybe what pushes them to buy outside of their discretionary income is probably because they took want to sell early so they are trying to maximize profit over very short periods of time but they fail to understand that the market can not be predicted and with bitcoin's volatility a price drop can happen at anything and then what this happens the panic and become unable to hold themselves back so they end up selling in order to minimize their losses.

What do we really call buying Bitcoin outside the discretionary funds? The risk is just too unhealthy and even unnecessary to start with. Doing that can be a way of bastardizing your entire Bitcoin stash journey. Not just because Bitcoin investment is not guaranteed but to go on with the investment while handling life hustles is to make use of discretionary funds always.

[Crytohillss]

It’s not just because you feel you have money and  you pack all of them to buy bitcoin. It’s not just called capital, are you sure that this money you’re using to buy and invest in bitcoin is the money you can afford to lose, have you sorted out your basic financial obligations or needs, you don’t just invest with money in bitcoin but rather you invest with a discretionary income which is the money left with you after sorting out your major primary or basic financial obligations. Buying bitcoin at a much reduced price is an opportunity and I’m sure everyone will be happy to get such opportunity, but sitting down doing nothing and waiting for such opportunity to come before buying bitcoin is totally illogical and wrong mindset. As a long term investor, it’s better to focus on figuring out a discretionary income to use and buy bitcoin regularly even while you’re waiting for the opportunity to buy in a more reduced price and if such opportunity comes you will only take advantage of that to buy even more at such a reduced price if you have the reserve funds, but if not you just focus and continue with your ongoingly DCA.

The mistake of buying bitcoin outside of our discretionary income has led to alot of people selling too early and at a loss, something that could have very easily been avoided if they had employed common sense and invested with their discretionary knowing fully well that they would be able to get anything out of their investment anytime soon, maybe what pushes them to buy outside of their discretionary income is probably because they took want to sell early so they are trying to maximize profit over very short periods of time but they fail to understand that the market can not be predicted and with bitcoin's volatility a price drop can happen at anything and then what this happens the panic and become unable to hold themselves back so they end up selling in order to minimize their losses.

What do we really call buying Bitcoin outside the discretionary funds? The risk is just too unhealthy and even unnecessary to start with. Doing that can be a way of bastardizing your entire Bitcoin stash journey. Not just because Bitcoin investment is not guaranteed but to go on with the investment while handling life hustles is to make use of discretionary funds always.

So many individual put themselves in a critical condition from the start by investing money they actually  need, so the moment the price dips, panic kicks in  bitcoin volatility is not the problem poor risk management is. if people invest only what they can afford to leave untouched short term drops. don't force emotional decisions trying to rush profits in an unpredictable make almost always ends the same way selling to early and at a loss.

[Cleanslate_]

If your monthly income is stable it's quite easy to implement a DCA strategy to buy Bitcoin without worrying about the right time. The reason is that you always have sufficient capital so you no longer have time to worry about what happens to market conditions, whether they are rising or falling drastically.

I don't know why you're getting it twisted, you don't need a stable income before you can invest into bitcoin and DCA. What you need is your discretionary income and you are good to go. I have seen a lot of people who have stable income but still cannot meet up to their monthly needs how will such people invest.

Someone might win a lottery or a jackpot and decide to invest part of the the money into bitcoin by using DCA. He can invest $100 weekly and spread it over several weeks and keep his bitcoin investment ongoing overtime. Same applies to a contactor whose income isn't stable, the moment he get paid he can use his discretionary income and spread it in several weeks with DCA. Financial management is very important when investing in bitcoin

It will be much easier if you know your source of revenue. Having a structure plan will make it easier to realize its potential. The level of your spending determines whether or not you will have available a description income. Someone who earns a lot of money steadily may not be able to get discretionary income because his spending is not well controlled, whereas someone who earns a lot less may be able to manage and set aside money to invest, allowing you to protect your investment and maintain your ability to hold bitcoin. When faced with hardship, be cool and focused.

I would put in a different way.. If you have more funds to go - you just need to use them correctly.

When you have less - you have much less ability to maneuver.

Technically, you don't need to have more funds before you would start your Bitcoin investment don't get it twisted buddy because you can literally invest in Bitcoin without more funds  because what is needed to invest in Bitcoin is our discretionary income and having less funds doesn't also matter mostly if you can figure out discretionary in that funds and this is why some people haven't invested in Bitcoin because of this your mentality and logic which is not correct.

Investing in Bitcoin doesn't require you to have a big amount of money before investing. Small amount and consistent accumulation works fine. A person with a small amounts can sit in a better position than that of a person who dumps big funds into Bitcoin and forget about it.  and that usually happens. Another thing that often annoys me is when I hear that someone is waiting for large funds before investing, they are literally wasting their time and opportunities. Progress starts with mindset not with your position size.

I find it most frustrating when someone says they will start investing after accumulating a larger sum, when in reality they are wasting both the value of time and opportunity. The market waits for no one, and in the case of Bitcoin, time is the greatest asset. Progress never starts with the size of your position, it starts with the mindset. Discipline consistency and a long term perspective are the real power of Bitcoin investing. Starting small today can be the foundation for big results tomorrow.

Also starting with a large sum of money will lead your investment nowhere, alot of persons that started like that ends up with nothing, anyone saying he wants to start accumulating bitcoins with large sum of funds shows he is not serious or even ready for Bitcoin investment, you are supposed to start small and grow big that is why the dca strategy with your discretionary income is there for you to adopt remember time is money and waits for no one avoid procrastination to avoid being a low or no coiner, since the market either will not wait for you .

These set of persons are only out there sitting on the fence and discouraging other investors from investing, when will they have the required amount of money that will be pleasing to them to invest in bitcoin, and how long will it take them to reach their over accumulation stage for eternity, these are the set of persons that ends up regretting their actions in time to come when Bitcoin price has increased more than expected, because they could no longer buy it again by then it will be too high for them to purchase, they will start waiting for the dip, always having one excuse or the other not to invest in bitcoin.

[EL MOHA]

What do we really call buying Bitcoin outside the discretionary funds? The risk is just too unhealthy and even unnecessary to start with. Doing that can be a way of bastardizing your entire Bitcoin stash journey. Not just because Bitcoin investment is not guaranteed but to go on with the investment while handling life hustles is to make use of discretionary funds always.

The idea behind telling people to use discretionary funds to invest into bitcoin isn’t because many of the advisers are not confident of the future of bitcoin or that it will actually come out well after a long time but the idea is because bitcoin just like every asset that we know has its own risk and one of the risk is its volatility which can actually be curtail within if one holds for a very long time but the only way you can actually be able to hodl for long is simply because you don’t need that funds.

So base on this using other funds which are more valuable to one or meant for something is risky because when you might be needing that funds back the bitcoin market might be in bearish conditions then and if you actually try to use it, it might actually result into losses

[Merit.s]

Also starting with a large sum of money will lead your investment nowhere, alot of persons that started like that ends up with nothing, anyone saying he wants to start accumulating bitcoins with large sum of funds shows he is not serious or even ready for Bitcoin investment, you are supposed to start small and grow big that is why the dca strategy with your discretionary income is there for you to adopt remember time is money and waits for no one avoid procrastination to avoid being a low or no coiner, since the market either will not wait for you .

I disagree with you that anyone starting his bitcoin investment with big amount of money isn't serious because all fingers aren't equal. Because you're poor doesn't mean that the next person is poor. In fact, any new investor that has a large discretionary income can buy bitcoin aggressively or even front load his bitcoin investment for faster growth with DCA. He has the flexibility to mix all three accumulation methods.

The main purpose of accumulating bitcoin is for the future and you are to continue ongoingly kee buying bitcoin till you reach your bitcoin target. If someone with fat discretionary income invest in bitcoin he can reach his accumulation target within a circle and continue hodli while he moves towards over accumulation stage. Bitcoin price waits for no man because it increases overtime, if you have the large discretionary income why investing in a whimpy way all in the name of to start small and grow.

[ejikeme24]

Also starting with a large sum of money will lead your investment nowhere, alot of persons that started like that ends up with nothing, anyone saying he wants to start accumulating bitcoins with large sum of funds shows he is not serious or even ready for Bitcoin investment, you are supposed to start small and grow big that is why the dca strategy with your discretionary income is there for you to adopt remember time is money and waits for no one avoid procrastination to avoid being a low or no coiner, since the market either will not wait for you .

Are you even sure of what you're saying @ cleanslate ?

You should know that the level of our discretionary income differs so those that have large discretionary income can decide to increase their weekly or monthly Bitcoin purchase to any amount of their choice and I feel that those who are buying with a large sum of money is likely to meet up with their target on time than those who are going with a small amount but there's no need to compare yourself with them because no matter how small your weekly or monthly Bitcoin purchase is so Long as you're being consistent in accumulating Bitcoin surely you will definitely reach your investment goal rather it is just a matter of time.

[batang_bitcoin]

The idea behind telling people to use discretionary funds to invest into bitcoin isn’t because many of the advisers are not confident of the future of bitcoin or that it will actually come out well after a long time but the idea is because bitcoin just like every asset that we know has its own risk and one of the risk is its volatility which can actually be curtail within if one holds for a very long time but the only way you can actually be able to hodl for long is simply because you don’t need that funds.

It's about being concerned to the investor that they won't ending up selling what they have accumulated. And as they keep invested on Bitcoin, they'll have no trouble in their other expenses. Because in the past, it's okay to do it and spend all that you've got because I think most of us doesn't have huge and heavy burden to our families. But then as we get older, we need to spend carefully and be more securing than to be a risk taker. The risk remains but it's more manageable now because we know that we're not investing so heavily compared to what we've been doing before.

[Brizi5000]

Also starting with a large sum of money will lead your investment nowhere, alot of persons that started like that ends up with nothing, anyone saying he wants to start accumulating bitcoins with large sum of funds shows he is not serious or even ready for Bitcoin investment, you are supposed to start small and grow big that is why the dca strategy with your discretionary income is there for you to adopt remember time is money and waits for no one avoid procrastination to avoid being a low or no coiner, since the market either will not wait for you .

I disagree with you that anyone starting his bitcoin investment with big amount of money isn't serious because all fingers aren't equal. Because you're poor doesn't mean that the next person is poor. In fact, any new investor that has a large discretionary income can buy bitcoin aggressively or even front load his bitcoin investment for faster growth with DCA. He has the flexibility to mix all three accumulation methods.

The main purpose of accumulating bitcoin is for the future and you are to continue ongoingly kee buying bitcoin till you reach your bitcoin target. If someone with fat discretionary income invest in bitcoin he can reach his accumulation target within a circle and continue hodli while he moves towards over accumulation stage. Bitcoin price waits for no man because it increases overtime, if you have the large discretionary income why investing in a whimpy way all in the name of to start small and grow.

honestly individuals can only buy bitcoin according to their level of financial capacity or income level. there's nothing wrong if individual starts buying bitcoin with a big amount provided that such amount is his or her discretionary income, i.e the amount you have left after taking care of your basic financial needs. it is advisable we invest in bitcoin with our discretionary incomes, and each individuals discretionary income can never be the same in size or amount because we are two different individuals with different income level and at such our discretionary income will vary in size and amount. if i chose to invest with a huge sum of money is not bad for me provided that this sum of money is the money i can afford to lose and i wont be needing it anytime soon.

[Solokan]

Also starting with a large sum of money will lead your investment nowhere, alot of persons that started like that ends up with nothing, anyone saying he wants to start accumulating bitcoins with large sum of funds shows he is not serious or even ready for Bitcoin investment, you are supposed to start small and grow big that is why the dca strategy with your discretionary income is there for you to adopt remember time is money and waits for no one avoid procrastination to avoid being a low or no coiner, since the market either will not wait for you .

In my opinion, there is nothing wrong with buying BTC using a lot of money as long as we hold BTC for the long term. I also think that using the DCA technique is a good idea if we have a lot of money because our income is high and we have a lot of discretionary funds. This is because we will be able to buy more BTC. So, in my opinion, buying BTC using a small or large amount of money is a good thing as long as you use discretionary funds. What if, for example, you have to use a small amount of money to buy BTC or DCA? What about rich people who have a lot of money? So, in my opinion, if you want to invest in BTC, try to do so according to your respective abilities and income, but you must use discretionary funds and money that you are prepared to lose.

If someone loses money investing in BTC using a large amount of money, that is their mistake because they did not hold onto the BTC for the long term. If they had held onto it for the long term, they would have had the potential to earn a much larger profit.

[As-Soon-As]

It’s not just because you feel you have money and  you pack all of them to buy bitcoin. It’s not just called capital, are you sure that this money you’re using to buy and invest in bitcoin is the money you can afford to lose, have you sorted out your basic financial obligations or needs, you don’t just invest with money in bitcoin but rather you invest with a discretionary income which is the money left with you after sorting out your major primary or basic financial obligations. Buying bitcoin at a much reduced price is an opportunity and I’m sure everyone will be happy to get such opportunity, but sitting down doing nothing and waiting for such opportunity to come before buying bitcoin is totally illogical and wrong mindset. As a long term investor, it’s better to focus on figuring out a discretionary income to use and buy bitcoin regularly even while you’re waiting for the opportunity to buy in a more reduced price and if such opportunity comes you will only take advantage of that to buy even more at such a reduced price if you have the reserve funds, but if not you just focus and continue with your ongoingly DCA.

The mistake of buying bitcoin outside of our discretionary income has led to alot of people selling too early and at a loss, something that could have very easily been avoided if they had employed common sense and invested with their discretionary knowing fully well that they would be able to get anything out of their investment anytime soon, maybe what pushes them to buy outside of their discretionary income is probably because they took want to sell early so they are trying to maximize profit over very short periods of time but they fail to understand that the market can not be predicted and with bitcoin's volatility a price drop can happen at anything and then what this happens the panic and become unable to hold themselves back so they end up selling in order to minimize their losses.

What do we really call buying Bitcoin outside the discretionary funds? The risk is just too unhealthy and even unnecessary to start with. Doing that can be a way of bastardizing your entire Bitcoin stash journey. Not just because Bitcoin investment is not guaranteed but to go on with the investment while handling life hustles is to make use of discretionary funds always.

Bitcoin should be invested with the money that you are saving for the future, if you invest in Bitcoin with discretionary income, then it will definitely be easier to maintain your video in the long term. Because later on, you will not come from outside on Bitcoin investment, so investing in Bitcoin with discretionary income gives the most benefits.
Because those who have held Bitcoin have formed an emergency fund, by forming an emergency fund, it is possible to sustain Bitcoin investment for a long time. And emergency funds are also used in the purchase of Bitcoin, so emergency funds create savings in all aspects.

[alankasman]

In my opinion, there is nothing wrong with buying BTC using a lot of money as long as we hold BTC for the long term. I also think that using the DCA technique is a good idea if we have a lot of money because our income is high and we have a lot of discretionary funds. This is because we will be able to buy more BTC. So, in my opinion, buying BTC using a small or large amount of money is a good thing as long as you use discretionary funds. What if, for example, you have to use a small amount of money to buy BTC or DCA? What about rich people who have a lot of money? So, in my opinion, if you want to invest in BTC, try to do so according to your respective abilities and income, but you must use discretionary funds and money that you are prepared to lose.
If someone loses money investing in BTC using a large amount of money, that is their mistake because they did not hold onto the BTC for the long term. If they had held onto it for the long term, they would have had the potential to earn a much larger profit.

Everyone desires this because having money from our work income is certainly a step we should actually take when our income exceeds our desired amount. This allows us to buy BTC via DCA for long-term accumulation. This is a step many people would like to take but some people don't do it because their income is limited sometimes just enough for daily needs. This means someone might want to buy Bitcoin but this might prevent them from doing what someone with sufficient financial resources would do. This is often done by large investors who are financially and mentally prepared to buy Bitcoin for long-term accumulation because they are strong in every way.
The point is doing this requires personal adjustments. Sometimes we have a goal to invest but don't have any saved funds at all. This makes it very difficult for us to invest using our primary income. This doesn't mean we can't invest with our primary income but that income is only for the benefit of ourselves and our families.

The long-term use of investing in BTC is only to aim for large profits so if there are some people who lose money in investing of course this is one form of their negligence in maintaining Bitcoin in the short term and this is never done by large investors because what they know with the long term investment they make is to achieve results with large profits so this is one of the things that we should emulate what large investors do in order to get what we want in investing and maintaining BTC in the long term.

[Futurexxx]

And emergency funds are also used in the purchase of Bitcoin, so emergency funds create savings in all aspects.

This is actually misleading and it's an act that we should avoid by all means because investing your emergency funds into Bitcoin put your investment in serious risk where you will be forced to sell off your holdings when emergency situation arises the moment you used it to invest. So it's a very big mistake we all should avoid.

Additionally, emergency funds stands as the last layer of protection for your Bitcoin investment, so investing with it makes no sense at all because by doing so, your Bitcoin investment becomes vulnerable to any emergency situation that may come up that period, so don't be tempted to commit that self destruct, thinking you are doing the right thing.

[Silikiem]

It’s not just because you feel you have money and  you pack all of them to buy bitcoin. It’s not just called capital, are you sure that this money you’re using to buy and invest in bitcoin is the money you can afford to lose, have you sorted out your basic financial obligations or needs, you don’t just invest with money in bitcoin but rather you invest with a discretionary income which is the money left with you after sorting out your major primary or basic financial obligations. Buying bitcoin at a much reduced price is an opportunity and I’m sure everyone will be happy to get such opportunity, but sitting down doing nothing and waiting for such opportunity to come before buying bitcoin is totally illogical and wrong mindset. As a long term investor, it’s better to focus on figuring out a discretionary income to use and buy bitcoin regularly even while you’re waiting for the opportunity to buy in a more reduced price and if such opportunity comes you will only take advantage of that to buy even more at such a reduced price if you have the reserve funds, but if not you just focus and continue with your ongoingly DCA.

The mistake of buying bitcoin outside of our discretionary income has led to alot of people selling too early and at a loss, something that could have very easily been avoided if they had employed common sense and invested with their discretionary knowing fully well that they would be able to get anything out of their investment anytime soon, maybe what pushes them to buy outside of their discretionary income is probably because they took want to sell early so they are trying to maximize profit over very short periods of time but they fail to understand that the market can not be predicted and with bitcoin's volatility a price drop can happen at anything and then what this happens the panic and become unable to hold themselves back so they end up selling in order to minimize their losses.

What do we really call buying Bitcoin outside the discretionary funds? The risk is just too unhealthy and even unnecessary to start with. Doing that can be a way of bastardizing your entire Bitcoin stash journey. Not just because Bitcoin investment is not guaranteed but to go on with the investment while handling life hustles is to make use of discretionary funds always.

Bitcoin should be invested with the money that you are saving for the future, if you invest in Bitcoin with discretionary income, then it will definitely be easier to maintain your video in the long term. Because later on, you will not come from outside on Bitcoin investment, so investing in Bitcoin with discretionary income gives the most benefits.
Because those who have held Bitcoin have formed an emergency fund, by forming an emergency fund, it is possible to sustain Bitcoin investment for a long time. And emergency funds are also used in the purchase of Bitcoin, so emergency funds create savings in all aspects.

You don’t have to get things complicated here, bitcoin accumulation and investment is done using your discretionary income, not the money you are saving for the future nor your emergency funds. You can better still say that rather that saving your fiat money in a bank or at home it will be better you put such money into bitcoin as it gives you more freedom to be in charge and control if your money and also have the potential to add more value to you instead of staying idle at home or bank where banks are also going to charge you for some maintenance feel and all the rest which might result to your money depreciating or reducing gradually. Emergency funds on the other hand is strictly for real life emergency situations and not for bitcoin investment, you never can tell when no emergency will occur, it could be that the moment you used that money to buy bitcoin, also that very moment you encountered a serious real life emergency situation and you resort towards selling your bitcoin holdings for such emergency when is not of your own will or timing. So it’s better to invest only with your discretionary income and not with your emergency funds because the emergency fund is there to shield your investment from being tampered with anytime you have an emergency situation that requires money to solve.

[Cossyblack]

Also starting with a large sum of money will lead your investment nowhere, alot of persons that started like that ends up with nothing, anyone saying he wants to start accumulating bitcoins with large sum of funds shows he is not serious or even ready for Bitcoin investment, you are supposed to start small and grow big that is why the dca strategy with your discretionary income is there for you to adopt remember time is money and waits for no one avoid procrastination to avoid being a low or no coiner, since the market either will not wait for you .

Your statement is misleading,there is nothing wrong with investing hugely in bitcoin. Haven't you heard about the big whales in bitcoin and how successfully they have grown for investing big and holding for the long term? You shouldn't expect people discretionary income to be the same,that can't be possible. Anyone can start with any amounts provided it is discretionary income. It doesn't matter Whether it is a large or small amount provided it an amount they can afford to lose. The bigger your bitcoin portion and the longer you hold is what will determine how successfully you will become.

[centrum]

Buying Bitcoin when it is low is tempting, but waiting for it to drop is foolish in my opinion. It is confusing to say when is the right time to buy Bitcoin. Regardless of the market situation, it is wise to accumulate Bitcoin. No one knows when its price will drop. And there is no perfect time to invest, so you should always focus on investing in Bitcoin for the long term. The right time to buy Bitcoin should be when there is a reasonable income and its market is unpredictable. If Bitcoin is a long-term investment, then it is better to buy it because its price is likely to increase further in the future. Start accumulating Bitcoin through the DCA method, so you can accumulate a good portion of your long-term investment.

People will still want to do whatever nonsensical thing they feel like doing, no matter how many times this is explained to them. The market is unpredictable, so it absolutely makes zero sense to wait for price to drop before buying.

Whenever discretionary income is in your hand, that should be the best time to start buying ongoingly and saving for at least a cycle.

the market is always unpredictable, no one can say for sure when prices will go up or when they will go down,that is why waiting for prices to fall often becomes a wrong decision, imagine you are thinking that you will buy when the price drops a little more, but in reality the price may suddenly go up instead of going down, then you only waste time by waiting, because of this the simplest approach is to start buying little by little whenever you have extra money,this way you do not put all your money in at once, as a result the risk is lower, sometimes prices will be high,sometimes prices will be low, but because you buy regularly an average good price is created over time,this also reduces mental stress, the goal here is not to make quick profit,the goal is to save patiently over a long period of time, the market usually goes through a long phase of ups and downs, this is called a cycle,if you can continue this process through a full cycle the results are usually good over time...

[rangga28]

And emergency funds are also used in the purchase of Bitcoin, so emergency funds create savings in all aspects.

This is actually misleading and it's an act that we should avoid by all means because investing your emergency funds into Bitcoin put your investment in serious risk where you will be forced to sell off your holdings when emergency situation arises the moment you used it to invest. So it's a very big mistake we all should avoid.

Additionally, emergency funds stands as the last layer of protection for your Bitcoin investment, so investing with it makes no sense at all because by doing so, your Bitcoin investment becomes vulnerable to any emergency situation that may come up that period, so don't be tempted to commit that self destruct, thinking you are doing the right thing.

Emergency funds are the last bastion to protect yourself from crises that might occur, so it is not recommended to use emergency funds on investments that are quite risky. I believe that people who have large savings reserves will have more freedom to invest and are often ready to face any risks that occur. Then, if some people have a mediocre income and dare to continue using their funds on risky assets, it will be very draining and mentally draining. So don't take a hasty attitude but stay on a healthy line of thinking.

[cyberninja2]

Emergency funds are the last bastion to protect yourself from crises that might occur, so it is not recommended to use emergency funds on investments that are quite risky. I believe that people who have large savings reserves will have more freedom to invest and are often ready to face any risks that occur. Then, if some people have a mediocre income and dare to continue using their funds on risky assets, it will be very draining and mentally draining. So don't take a hasty attitude but stay on a healthy line of thinking.

Large investors also do what you said despite having strong finances they maintain emergency funds when market conditions are less stable. This helps them cope with any eventuality even if their investments are not feasible regardless of current price trends. Having these funds available doesn't hinder their investments especially since investors often invest long-term.

Making a slight mistake in making a decision will certainly bring risks to a person so a hasty attitude should not be done carelessly. This is the right step for everyone to continue to provide emergency funds as a rescue for everyone who is already involved in the investment sector in accumulating Bitcoin as an asset for someone for the future.

[Hardyrobust]

Also starting with a large sum of money will lead your investment nowhere, alot of persons that started like that ends up with nothing, anyone saying he wants to start accumulating bitcoins with large sum of funds shows he is not serious or even ready for Bitcoin investment, you are supposed to start small and grow big that is why the dca strategy with your discretionary income is there for you to adopt remember time is money and waits for no one avoid procrastination to avoid being a low or no coiner, since the market either will not wait for you .

Your statement is misleading,there is nothing wrong with investing hugely in bitcoin. Haven't you heard about the big whales in bitcoin and how successfully they have grown for investing big and holding for the long term? You shouldn't expect people discretionary income to be the same,that can't be possible. Anyone can start with any amounts provided it is discretionary income. It doesn't matter Whether it is a large or small amount provided it an amount they can afford to lose. The bigger your bitcoin portion and the longer you hold is what will determine how successfully you will become.

It is not a bad idea if someone decides to invest in bitcoin using a lump sum amount as long as they are investing from there Discretionary income.However most people may not fancy the idea of starting with huge amounts of money rather they may prefer to start small and grow there bitcoin holdings as time goes.
About the big whales am not sure if all of them started with huge amounts of money, consistentency plays a great role in building a good portfolio.

[Jaksonhard]

And emergency funds are also used in the purchase of Bitcoin, so emergency funds create savings in all aspects.

This is actually misleading and it's an act that we should avoid by all means because investing your emergency funds into Bitcoin put your investment in serious risk where you will be forced to sell off your holdings when emergency situation arises the moment you used it to invest. So it's a very big mistake we all should avoid.

Additionally, emergency funds stands as the last layer of protection for your Bitcoin investment, so investing with it makes no sense at all because by doing so, your Bitcoin investment becomes vulnerable to any emergency situation that may come up that period, so don't be tempted to commit that self destruct, thinking you are doing the right thing.

Emergency funds are the last bastion to protect yourself from crises that might occur, so it is not recommended to use emergency funds on investments that are quite risky. I believe that people who have large savings reserves will have more freedom to invest and are often ready to face any risks that occur. Then, if some people have a mediocre income and dare to continue using their funds on risky assets, it will be very draining and mentally draining. So don't take a hasty attitude but stay on a healthy line of thinking.

It that makes perfect sense to view life as an "emergency fund," meaning that funds are available to protect you from unexpected events and should not be used for investment purposes in high-risk situations. People who have a strong savings and can rely upon them have more flexibility in their lives, allowing them to deal with fluctuations in the stock market without becoming as stressed. Conversely, if you are trying to invest with a very limited income, you will often find yourself feeling both financially and emotionally drained from the pressure of knowing that you have put at risk your ability to provide for basic needs. Gone are the days when you are able to make a wise investment decision, calmly following a disciplined approach, while remaining within a reasonable financial limitation, before succumbing to an emotional or promotional act of desperation.

[liuka]

It is a bad idea if someone decides to invest in bitcoin using a lump sum amount as long as they are investing from there Discretionary income.However most people may not fancy the idea of starting with huge amounts of money rather they may prefer to start small and grow there bitcoin holdings as time goes.
About the big whales am not sure if all of them started with huge amounts of money, consistentency plays a great role in building a good portfolio.

Investors have their own strategies and tolerance levels, there's nothing wrong with buying with a large amount of money, and there's nothing wrong with just starting out through DCA. As long as the amount of money you invest is "cold money", that's the point. In addition, I believe that investing in bitcoin is not about starting with big money or small money, but holding for the long term, which is the key to success.
Bitcoin is not about getting rich quickly, but about not getting poor slowly.