Buy Buy Buy or Sell Sell Sell?

[ejikeme24]

It is important to always put into consideration how to pay back a loan before even planning to go for it. Before an investor can decide to take loan an invest in bitcoin they should have a plan on how they plan to pay this loan outside there bitcoin investment.
Taking loan without having a plan on how to pay back is very dangerous and it is wrong for anybody to take loan with the mindset that they will pay back the loan from profit that there bitcoin investment will generate.
Even with a good source of income, I still consider it a risk for anyone to take loan and then invest it in bitcoin. People should always invest in bitcoin based on there financial situation.

A quick reminder to those investors who are planning to take out loan to invest in bitcoin, if you take out loan to invest in bitcoin just know that you're not investing from your discretionary fund that's the fund/ wallet where our Bitcoin investment money is supposed to come from, and failure to do that could cause damage to our Bitcoin investment even though some investors have this confident or believe that nothing will happen to Thier Bitcoin investment if they take out loan because they have way to pay back,  my question is what if that source you're hoping to get the . money that you will use to pay back the loan didn't work out? You know life can happen at times that is why we need to avoid whatever thing that will give us borden.

[Fash33]

[edited out]

Knowing about Bitcoin and believing it's worth investing in are two different things individuals financial situation , risk tolerance and priorities all influence whether decided to buy. Awareness doesn't automatically lead to convinction, everybody is comfortable taking the same level it is easy to assume that people just don't understand Bitcoin, but many do and simply arrive at different conclusions sometimes the biggest barrier isn't knowledge it's uncertainty . Even some people who understands Bitcoin may choose to wait or invest elsewhere and that's a personal decision.

It is hard to blame people for their lack of effort to try to learn about bitcoin, since everyone has a choice whether to "look into bitcoin" further or to just accept their first impressions of bitcoin, and so in that regard, there are a lot of people who presume that they know more about bitcoin than they actually do, and so based on their ignorance and their incorrect knowledge they fail/refuse to take any actions to at least get started buying bitcoin, even when they may well have plenty of discretionary funds that would qualify them to both getting started and looking into it further.

Exactly, everyone has a freedom of choosing whether they want to learn about bitcoin or ignore it, and one of the problem that they do not know is that many people form the opinion after hearing the headline, common misconception or social media post. They believe they already understand  or know about bitcoin, when in reality they have not even take the time to study it properly, because of that they miss opportunity to get started,no one needs to go right from day one. The simple way is to start with little amount they can be comfortable with while still continuing with learning, sometimes the problem is not really the lack of funds, is lack of willingness to question first.

There are advantages with critical thinking, humbleness and willing to learn, and starting out as long as they have discretionary funds.  Of course, they might need to figure out how much to start with, yet most people should already have the skills to figure out balances, even though they may need to practice, start out slowly and then adapt their starting out level to their comfort level.  

Some folks have absolutely no experience in investing and/or money management, and other people already have some skills and experiences, so their own assessment of their skills and experiences should help them to figure out starting out size, and let's say that a newbie for sure knows that he has $100 per week that he can use to buy bitcoin, yet maybe based on his being new, he purposefully chooses to start out his investment level at $30 per week until he becomes more comfortable to potentially increase the amount to higher levels as his comfort becomes greater.

Yes, starting with little amount of funds while still learning, that is practical approach, most especially for someone that just come into bitcoin investment, that gives them time to understand and develop good investing habits towards bitcoin, since everyone has different levels of experience with investing, so it will be good for everyone to choose amount that fits their financial situation and comfort level, as they gain experience. If there is increase in their income, their emergency fund is fully established, and they have more discretionary income, they can begin to increase the amount of funds they invest. The goal is to stay consistent for long period by making decision based on your financial reality than short term movement, this gradual approach help the investor to build the confidence while increasing their ability to stay committed to their long term plan.

[Razmirraz]

Snip.

A quick reminder to those investors who are planning to take out loan to invest in bitcoin, if you take out loan to invest in bitcoin just know that you're not investing from your discretionary fund that's the fund/ wallet where our Bitcoin investment money is supposed to come from, and failure to do that could cause damage to our Bitcoin investment even though some investors have this confident or believe that nothing will happen to Thier Bitcoin investment if they take out loan because they have way to pay back,  my question is what if that source you're hoping to get the . money that you will use to pay back the loan didn't work out? You know life can happen at times that is why we need to avoid whatever thing that will give us borden.

Your question highlights a harsh reality in financial risk management. Taking out a loan to invest in Bitcoin is a very risky move as its value can change at any time. Advice The best advice in managing risk when investing in Bitcoin is to only use discretionary funds or cold money that you are truly prepared to bear the risk of in the event of a worst-case scenario.
Relying on a salary or regular income to repay loan installments can have dire consequences if a job is lost, health problems arise, or other emergencies arise. This can lead investors into debt or bankruptcy. The reason it is highly discouraged to invest using borrowed money is because this action turns investing into gambling that risks financial stability for the future.

[BluebloodCXVI]

Some investors prefer bitcoin investment more when the market dumps, though no time is actually wrong to invest in Bitcoin more especially as a long term investor, but I think taking advantage of the market dumps can be more profitable. In Bitcoin investing, the most profit can be made on the long run, and that is to say,  if you buy your bitcoin today, and you are able to hold it till the next bull season, your profit is definitely going to be massive. However , every Bitcoin investor have their investment goal, and can make investors selling period differ . While some investors will be targeting little profit to sell their bitcoin, some will be willing to hold for a decade, while some investors will even hold for more than a decade, but at this point when you sell, is going to be a life changing profit.

Buying bitcoin during a dip can be a good opportunity but i don’t think that makes it the more profitable approach above others because no one knows when the dip will come. You might be waiting for a bigger drop in price and boom!! the price goes up right in your face. This is why it is better for long term investors to keep buying bitcoin consistently with DCA and if they happen to have some extra cash available to them whenever a dip comes, then they can take advantage of it.
And if i were you, i’d be careful to say that profits will definitely be massive or that holding bitcoin for 10 plus years will surely bring life changing wealth for a person even though bitcoin has rewarded patient investors in the past, but the future isn’t guaranteed. The amount a person could make from holding bitcoin depends on the time that they bought it, how much they have accumulated, and how bitcoin performs over time.

I do agree though that investors could have different goals and different exit strategies but whatever the goal is for them, it is always better to have a clear plan than to be relying on assumptions about future returns and most importantly, invest with only the money you can be able to leave untouched. Having an emergency fund or other liquid assets will reduce your chances of having to sell your bitcoin when the market is down.

[alankasman]

Your question highlights a harsh reality in financial risk management. Taking out a loan to invest in Bitcoin is a very risky move as its value can change at any time. Advice The best advice in managing risk when investing in Bitcoin is to only use discretionary funds or cold money that you are truly prepared to bear the risk of in the event of a worst-case scenario.
Relying on a salary or regular income to repay loan installments can have dire consequences if a job is lost, health problems arise, or other emergencies arise. This can lead investors into debt or bankruptcy. The reason it is highly discouraged to invest using borrowed money is because this action turns investing into gambling that risks financial stability for the future.

In my opinion it's best not to invest in Bitcoin if you don't have your own personal finances because market prices will always fluctuate over time. This means that investing in Bitcoin with money borrowed from someone else is certainly a mistake. It's clear that investing in Bitcoin doesn't have to be a large or small amount, but rather as much as you can afford with your existing finances. It's not necessary if you don't have an income especially with money borrowed from someone else. This is highly undesirable. If you can afford it there's no problem as you'll repay it. If not how can you repay it?

No matter how much steady income we have what they need to understand is that we are social and compassionate humans. So even if we receive a weekly or monthly income it's certain that the money we hold will be difficult to return citing love. It's just that we have it but we have to settle it with those who are still connected to us. This is a barrier for those who invest in Bitcoin with borrowed funds. In my opinion it's more appropriate not to force yourself to invest until you have your own funds. However when you have the funds whatever amount you want to invest is up to you. Investing is very easy and there are certainly no difficult provisions. Be confident in investing with your own money when investing in Bitcoin.

[Mr_Brilliant$]

As far as a person can repay a loan without relying on their Bitcoin investment to pay it back, I believe the Bitcoin investment is safe. What usually pressures someone to sell their Bitcoin at the wrong time is the need to repay the loan. However, if someone has other means of repaying the loan, they will not be disturbed by Bitcoin's price movements.For example, if I am expecting $1,000 over the next two months and I see Bitcoin's price drop to its current level, taking a loan to buy Bitcoin may not be a bad idea, as long as I have another way to repay the loan without relying on Bitcoin.The reason we are advised to avoid taking loans to buy Bitcoin is because of the repayment risk. Some people may not have any other means of repaying their loan and instead rely solely on Bitcoin, hoping its price will increase enough in the future to cover the debt. I also believe that is a very wrong approach because Bitcoin does not guarantee a profit.

I think people who take out loans to invest in Bitcoin are clearly incapable of thinking long-term. Essentially, they want to repay their debts with whatever they can, but that's clearly not a good idea. We always emphasize here that investing in Bitcoin requires discretionary funds. These are the most appropriate and reliable funds for investing in Bitcoin. Therefore, I believe investing in Bitcoin with a loan is clearly not a good idea. The borrowed funds are clearly very hot and must be repaid immediately.

Furthermore, the minimum holding period for investing in Bitcoin is clearly ten years. So, how do you think they can repay the money if they don't sell their Bitcoin? Logically,, it's clear that people who borrow money to invest in Bitcoin are not people with income. Perhaps they have high aspirations but lack the capital, which is why they decide to borrow. Therefore, friends here,, avoid borrowing money to invest in dibitocin. It's clearly dangerous.

I somehow agree with this, borrowing money to invest in Bitcoin will somehow put you under unnecessary pressure from day one.. Instead of focusing on the long term, you will always be thinking about repayment deadlines, interest if there is any, and how to get your money back quickly… And those kind of pressure use to push people into making emotional decisions, and that is not good for investing at all..

If someone really believe in Bitcoin for long term investment, then there is no need to rush with borrowed money..  It is far better to build your position small small with discretionary income, even if it is a small amount..  At least you will be able to hold through without worrying..

[Exitoral]

As far as a person can repay a loan without relying on their Bitcoin investment to pay it back, I believe the Bitcoin investment is safe. What usually pressures someone to sell their Bitcoin at the wrong time is the need to repay the loan. However, if someone has other means of repaying the loan, they will not be disturbed by Bitcoin's price movements.For example, if I am expecting $1,000 over the next two months and I see Bitcoin's price drop to its current level, taking a loan to buy Bitcoin may not be a bad idea, as long as I have another way to repay the loan without relying on Bitcoin.The reason we are advised to avoid taking loans to buy Bitcoin is because of the repayment risk. Some people may not have any other means of repaying their loan and instead rely solely on Bitcoin, hoping its price will increase enough in the future to cover the debt. I also believe that is a very wrong approach because Bitcoin does not guarantee a profit.

I think people who take out loans to invest in Bitcoin are clearly incapable of thinking long-term. Essentially, they want to repay their debts with whatever they can, but that's clearly not a good idea. We always emphasize here that investing in Bitcoin requires discretionary funds. These are the most appropriate and reliable funds for investing in Bitcoin. Therefore, I believe investing in Bitcoin with a loan is clearly not a good idea. The borrowed funds are clearly very hot and must be repaid immediately.

Furthermore, the minimum holding period for investing in Bitcoin is clearly ten years. So, how do you think they can repay the money if they don't sell their Bitcoin? Logically,, it's clear that people who borrow money to invest in Bitcoin are not people with income. Perhaps they have high aspirations but lack the capital, which is why they decide to borrow. Therefore, friends here,, avoid borrowing money to invest in dibitocin. It's clearly dangerous.

I somehow agree with this, borrowing money to invest in Bitcoin will somehow put you under unnecessary pressure from day one.. Instead of focusing on the long term, you will always be thinking about repayment deadlines, interest if there is any, and how to get your money back quickly… And those kind of pressure use to push people into making emotional decisions, and that is not good for investing at all..

If someone really believe in Bitcoin for long term investment, then there is no need to rush with borrowed money..  It is far better to build your position small small with discretionary income, even if it is a small amount..  At least you will be able to hold through without worrying..

People are looking at debt and borrowing from a different angle painting it all bad when countries literally run on borrowing or debt. Even companies don't use their money for investment, they borrow to do that. Companies looking to expand borrow to do that. The problem is how to use that borrowed money. The main problem is mismanagement. People borrow for hopes to pay back in due time. No set plan to actually make that come true. If the world was build on hopes, do you think we would go this far? Borrowing explained wrongly is bad. But explained properly in mind that you need a plan to make sure this money yields and you are able to pay back. For example, I can't go borrow 1 billion dollars. It's not within my capacity to pay it if things go south. Elon musk can do that because it is within his capacity to pay back. In as much you want to borrow, let it be within your financial bracket to pay back. Even with a good plan for good money yield, things can go south.  But borrowing within your financial bracket won't put you in thinking mode. I would encourage borrowing in a good way. Everything is planning and if you don't have a plan to make good use of the borrowed money, then I wouldn't advice the person to borrow.

[Charcol]

As far as a person can repay a loan without relying on their Bitcoin investment to pay it back, I believe the Bitcoin investment is safe. What usually pressures someone to sell their Bitcoin at the wrong time is the need to repay the loan. However, if someone has other means of repaying the loan, they will not be disturbed by Bitcoin's price movements.For example, if I am expecting $1,000 over the next two months and I see Bitcoin's price drop to its current level, taking a loan to buy Bitcoin may not be a bad idea, as long as I have another way to repay the loan without relying on Bitcoin.The reason we are advised to avoid taking loans to buy Bitcoin is because of the repayment risk. Some people may not have any other means of repaying their loan and instead rely solely on Bitcoin, hoping its price will increase enough in the future to cover the debt. I also believe that is a very wrong approach because Bitcoin does not guarantee a profit.

Claiming to know a way to solve the problem by stating that the loan will be repaid from somewhere else. You need to be real here cos that's not how risk works
If you payback the loan without selling ur BTC, does that make borrowing to buy a safe decision? or does it suddenly become less volatile because the loan was can be repaid from somewhere else?
You're looking at only one part of the risk while ignoring the rest. The risks still exist regardless of how the loan is repaid

The most important thing is that  the loan is been repaid it doesn't really matter where it comes from because it would have been very bad I mean worst if someone sell at loss to repay back loan and sometimes when you sell at loss the money may not be complete to settle the person you borrowed from and in this case you will need to borrow again to pay complete that is why I said the most important thing is that someone is able to pay complete. People who doesn't have alternative means of repayment should not think of borrowing twice because sometimes it can be become a lifetime debt.

I don't think so, but it is definitely important where you are paying off your loan. If it is the case that you have to rely on your future income, other assets, other loans, or an uncertain cash flow to pay off the loan, then the risk remains. It is not that the risk will end if you do not sell Bitcoin. Another thing you need to know is that although the ability to repay the loan is important, it is not the only thing. You should not forget that by taking a loan, you are getting involved in a kind of psychological stress, time frame, installments, income uncertainty and emergency expense risk. These can ruin your long-term retention plan. So in some cases, taking a loan is better to avoid it if it is not bad. Instead, you should focus on how to increase income and control expenses.

[liasbaa]

It is important to always put into consideration how to pay back a loan before even planning to go for it. Before an investor can decide to take loan an invest in bitcoin they should have a plan on how they plan to pay this loan outside there bitcoin investment.
Taking loan without having a plan on how to pay back is very dangerous and it is wrong for anybody to take loan with the mindset that they will pay back the loan from profit that there bitcoin investment will generate.
Even with a good source of income, I still consider it a risk for anyone to take loan and then invest it in bitcoin. People should always invest in bitcoin based on there financial situation.

A quick reminder to those investors who are planning to take out loan to invest in bitcoin, if you take out loan to invest in bitcoin just know that you're not investing from your discretionary fund that's the fund/ wallet where our Bitcoin investment money is supposed to come from, and failure to do that could cause damage to our Bitcoin investment even though some investors have this confident or believe that nothing will happen to Thier Bitcoin investment if they take out loan because they have way to pay back,  my question is what if that source you're hoping to get the . money that you will use to pay back the loan didn't work out? You know life can happen at times that is why we need to avoid whatever thing that will give us borden.

There are advantages to buying Bitcoin with a loan, but you need to adhere to a fixed time when you will accumulate more SAT with a smaller amount of dollars. The time should be dips and to understand which is the down trend, you need to be in the DCA method regularly and also touching market situation. Buying Bitcoin with a loan is risky if you are initially planning to start Bitcoin. The best time to buy Bitcoin with a loan is when you already have a Bitcoin holding and are regularly accumulating Bitcoin in DCA method and you have reached a price correction time. Consider a specific time for repayment of the loan and take a loan amount that is easily repayable.

It is also necessary to be financially and mentally prepared for unexpected events that may occur in life. It is necessary to keep emergency funds available for long term DCA method and Bitcoin holding.

[Bigjoe33]

There are advantages to buying Bitcoin with a loan, but you need to adhere to a fixed time when you will accumulate more SAT with a smaller amount of dollars. The time should be dips and to understand which is the down trend, you need to be in the DCA method regularly and also touching market situation.

Your statement isn't clear enough for clear understanding. You sounded as supporting buying the DiP as a means of growing your investment rapidly, and also mixing it with the DCA strategy, of which there buying strategies aren't the same. If you are ongoingly accumulating Bitcoin using the DCA strategy, why then wait for the Dip to buy Bitcoin or see it as the only means of increasing your assets over time. I think the DCA strategy can do that efficiently if we remain consistent.

Real investors don't wait for the Dip, or consider the Dip as a major means of increasing your stash, because such thoughts can make you delay buying consistently. Maximizing the freedom from the DCA strategy helps us remain constantly buying and growing our portfolio, managing our income and carrying out a proper income allocation inorder to remain in the market for long term.

[Agbamoni]

A quick reminder to those investors who are planning to take out loan to invest in bitcoin, if you take out loan to invest in bitcoin just know that you're not investing from your discretionary fund that's the fund/ wallet where our Bitcoin investment money is supposed to come from, and failure to do that could cause damage to our Bitcoin investment even though some investors have this confident or believe that nothing will happen to Thier Bitcoin investment if they take out loan because they have way to pay back,  my question is what if that source you're hoping to get the . money that you will use to pay back the loan didn't work out? You know life can happen at times that is why we need to avoid whatever thing that will give us borden.

Accumulation must not always come from discretionary income. I think you are taking this thing too serious that you forget that aside from discretionary income, there is money that comes in various funds that can be used to buy bitcoin. Money that comes in the form of a gift is technically not discretionary income but also spare money that can be used to buy bitcoin. Is that against the rules?

Your overemphasis on discretionary income will confuse beginners into thinking that if it is not their discretionary income, they shouldn't buy bitcoin at all. People get tips from work, money gotten as an heir, etc. What they choose to do with it is personal. It can be used to buy bitcoin or for other purposes.

[Gallar]

After this, when the accumulation stage is completed, an investor can take profit from Bitcoin investment according to his financial condition.

You don't need to even rush into taking profit. When you have reached your over accumulation stage, you transit into the maintenance stage where you are just only holding and allow your portfolio to just be compounding in value.

After your maintenance stage and it's time to take little profit, you don't do it based on your financial condition so that,you don't sell too many bitcoin too soon so you don't end up a low coiner again because you feel that your mission have been accomplished. You are to use the sustainable withdrawal method that allows you to with little part from your bitcoin either using a particular time or using a particular price in order for your bitcoin investment to continue compounding without being affected by your little withdrawal.

Yes, basically, when we're in the overaccumulation phase, or at least our Bitcoin accumulation goal has been achieved, we must also remember that the holding target may not have been reached. It's possible that someone might conduct a DCA on Bitcoin and ultimately reach a target, and that purchase target is met halfway through. Therefore, the holding period is still far from being reached.

Therefore, I believe that while waiting for the holding period to be completed successfully, it would be better for all of us to continue buying Bitcoin with DCA. This will undoubtedly allow us to buy more Bitcoin once our holding period is reached. So, that's basically what I'm thinking right now. Holding and the amount of Bitcoin are different goals, but both must be met effectively if our Bitcoin investment is to run smoothly.

[Merit.s]

Accumulation must not always come from discretionary income. I think you are taking this thing too serious that you forget that aside from discretionary income, there is money that comes in various funds that can be used to buy bitcoin. Money that comes in the form of a gift is technically not discretionary income but also spare money that can be used to buy bitcoin. Is that against the rules?

Your overemphasis on discretionary income will confuse beginners into thinking that if it is not their discretionary income, they shouldn't buy bitcoin at all. People get tips from work, money gotten as an heir, etc. What they choose to do with it is personal. It can be used to buy bitcoin or for other purposes.

Any income that you have without any purpose and don't have plan to use it for anything is extra funds and that's also known as discretionary income. It's not a must that your discretionary income must come from your income but why we talk more on income is that only an income that has a regular discretionary income can be used to invest into bitcoin and stay consistent and persistent with ongoingly buying bitcoin overtime.

You cannot be gifted money always or given tips at work always which is why you see that cannot make you to be consistent to ongoingly build your portfolio every week. It comes once in a while.

[Mehmet69]

Yes, starting with little amount of funds while still learning, that is practical approach, most especially for someone that just come into bitcoin investment, that gives them time to understand and develop good investing habits towards bitcoin, since everyone has different levels of experience with investing, so it will be good for everyone to choose amount that fits their financial situation and comfort level, as they gain experience. If there is increase in their income, their emergency fund is fully established, and they have more discretionary income, they can begin to increase the amount of funds they invest. The goal is to stay consistent for long period by making decision based on your financial reality than short term movement, this gradual approach help the investor to build the confidence while increasing their ability to stay committed to their long term plan.

People can do whatever they want. A new person who is getting to know Bitcoin and thinking about starting to invest in it will likely need to think about when and how to start investing in Bitcoin, no matter where they are at the moment. Newbies should start from where they are, as long as they are able to assess that they have the funds to use at will. Getting started is one thing, and they don’t need to have everything lined up right away. There is no need to specify this from the beginning, as long as the new person understands that they have the funds to use at will. And of course, that funding can also come from their existing emergency fund, because since they don’t have any Bitcoin, they probably already have more money than they need. Each person will need to determine their own comfort level with whatever supporting funds they have, including but not limited to.

[tottong]

Any income that you have without any purpose and don't have plan to use it for anything is extra funds and that's also known as discretionary income. It's not a must that your discretionary income must come from your income but why we talk more on income is that only an income that has a regular discretionary income can be used to invest into bitcoin and stay consistent and persistent with ongoingly buying bitcoin overtime.

You cannot be gifted money always or given tips at work always which is why you see that cannot make you to be consistent to ongoingly build your portfolio every week. It comes once in a while.

If this situation makes it difficult to consistently invest because the money we earn isn't enough, it's best to set aside a small percentage of our salary to continue investing. When we are able to manage our finances well, then running investments using any money will be much easier even though sometimes our salary is small.
Essentially, discretionary income is the remainder of the money we initially use for necessities. We can use this money for investment or even for other needs.

Sometimes we're a bit too rigid in our understanding of discretionary income and often fall into the trap of unproductive use, so money that should be used for investment is instead used for non-essential needs.
The situation is different if we have a percentage of investment and it is mandatory to do it every period that is applied, so the remaining discretionary income can be used for other needs after we set aside for routine investments.

[Queen uloma]

It is important to always put into consideration how to pay back a loan before even planning to go for it. Before an investor can decide to take loan an invest in bitcoin they should have a plan on how they plan to pay this loan outside there bitcoin investment.
Taking loan without having a plan on how to pay back is very dangerous and it is wrong for anybody to take loan with the mindset that they will pay back the loan from profit that there bitcoin investment will generate.
Even with a good source of income, I still consider it a risk for anyone to take loan and then invest it in bitcoin. People should always invest in bitcoin based on there financial situation.

A quick reminder to those investors who are planning to take out loan to invest in bitcoin, if you take out loan to invest in bitcoin just know that you're not investing from your discretionary fund that's the fund/ wallet where our Bitcoin investment money is supposed to come from, and failure to do that could cause damage to our Bitcoin investment even though some investors have this confident or believe that nothing will happen to Thier Bitcoin investment if they take out loan because they have way to pay back,  my question is what if that source you're hoping to get the . money that you will use to pay back the loan didn't work out? You know life can happen at times that is why we need to avoid whatever thing that will give us borden.

You are right borrow,  to invest in bitcoin add unnecessary pressure. Bitcoin is a long term investment, and one of the biggest advantage is the to hold it patiently. Even when the market is unstable. But once you borrow money to invest in bitcoin, you may not be patient because repayment has a deadline. No one can predict  what  will happen tomorrow.  your salary, business or any of your other source of income can be able to cover the loan. Life is full of surprises, you many lose your job,  unexpected expenses may come up or your business may slow down, when this happen to you, you maybe force to sell your bitcoin at a wrong time to pay your debt, which can make you lose alot of money. That is why it is important for people to invest only with money  that they can afford to leave for a long period of time without it affecting their life. Use only your discretionary income, and avoid borrowing money. Investment isn’t a do or die, there will always be more opportunities for you to invest in bitcoin don’t panic, your peace of mind is too precious then chasing after profit.

[IceLincoln]

A quick reminder to those investors who are planning to take out loan to invest in bitcoin, if you take out loan to invest in bitcoin just know that you're not investing from your discretionary fund that's the fund/ wallet where our Bitcoin investment money is supposed to come from, and failure to do that could cause damage to our Bitcoin investment even though some investors have this confident or believe that nothing will happen to Thier Bitcoin investment if they take out loan because they have way to pay back,  my question is what if that source you're hoping to get the . money that you will use to pay back the loan didn't work out? You know life can happen at times that is why we need to avoid whatever thing that will give us borden.

Accumulation must not always come from discretionary income. I think you are taking this thing too serious that you forget that aside from discretionary income, there is money that comes in various funds that can be used to buy bitcoin. Money that comes in the form of a gift is technically not discretionary income but also spare money that can be used to buy bitcoin. Is that against the rules?

Your overemphasis on discretionary income will confuse beginners into thinking that if it is not their discretionary income, they shouldn't buy bitcoin at all. People get tips from work, money gotten as an heir, etc. What they choose to do with it is personal. It can be used to buy bitcoin or for other purposes.

I think you’re having a misunderstanding that discretionary money only comes from your income. Any money that you can comfortably use after you’ve sorted out your basic expenses is discretionary

This extra funds, bonuses and gifts or rewards you’re talking about are also discretionary money if you have taken care of your essential expenses and immediate financial obligations.
You can choose to use it however you want just like the discretionary gotten from your income. So the emphasis isn’t on where the money came from; it’s on whether you can afford to invest it without compromising your financial stability.

Why it’s advisable to use discretionary money for investments is because it protects your essential needs (you don’t have to worry about a bill or basic necessity not paid) and reduces emotions to be able to stick to your long term plan.