Buy Buy Buy or Sell Sell Sell?

[BluebloodCXVI]

It is not necessary to have a stable source of income to invest, but it is better to have it because there are many benefits to investing in it, although it is not mandatory that it must be there. We should only find temporary income and invest from it, because if someone invests from other money, then he may have many problems in continuing his investment. Along with our investment, we should also create an emergency fund. Because unexpected dangers can come in our lives, the importance of an emergency fund is immense to manage investments safely in the field.

To invest we need a source of discretionary income, if a person finds a source of discretionary income then he can start investing. Whether the source of income is stable or unstable, if a person is able to find discretionary income from that source of income then he can definitely start investing and continue buying continuously.

Using volatile income for investing is not at all the right decision. Volatile income is the amount of money that you need and it will never be the right decision to invest with this amount of money. Whatever amount of money you get from your unstable source of income, then find a source of discretionary income through proper financial management and continue investing.

It’s obvious that you’re trying to make a good point but it seems like you don’t know how to put words together properly and make it understandable cos this your write up is all over the place and there are contradictory statements present in it.

First you said people that have unstable income can invest if they have discretionary income and then you still turn around to say that investing with volatile income is bad, just pick a side bruh 🥱, because this kind of circular and contradicting wordings can mislead people instead of helping them.
When it comes to money matters, unclear advice is very dangerous so next time, please say it cleanly or people might walk away more confused than when they started.

Your point is simple, folks should only invest surplus money after their needs have been covered, and it’s also possible for them to be able to create that surplus from unstable income as long as they apply proper financial management, C’est Fini.

[samadam007]

That is exactly where discipline comes in, you can not be able to sort out your discretionary income if you are not discipline. You will agree with me that the problem some people are having investing in Bitcoin is because they are not disciplined enough to even sort out their discretionary income and if you can not sort out your discretionary income Investment becomes impossible. And I agree with what you said, those people who has a small source ot income and yet they are consistent with their Bitcoin investment, it is as a result of high level of discipline because it is not everyone that can do it and they will surely benefit from it

I don't think discipline has anything to with sorting out your discretionary income because every investors that has money and that is willing to invest will surely sort out his discretionary income to be able to start investing, and were i think discipline can come in as an investors, you need the spirit of discipline in order to hold Bitcoin investments no matter how the price of Bitcoin might for in the market, and investing in Bitcoin doesn't require you to have large or small sources of income before investing because there are still investors that doesn't have means of having source of income yet they still invest in Bitcoin and still sort out their discretionary income.

I think there is still some level of discipline needed for an investor to be able to make available his discretionary income. Some plebs that use there money for unnecessary things and/or spending extravagantly and it becomes difficult to get there discretionary income and which makes them not able to invest.

Discipline is needed because it helps you plan your budget properly, been able to differentiate between your needs and wants and allocating funds properly. A disciplined investor would better arrange his scale of preference, paying attention to important basic needs and then taking the remaining as his discretionary income, with which he can invest and also build up his back up funds. Discipline is very important.

Of course financial discipline helps a person manage his cashflow well by prioritizing important things over unnecessary things. But don’t make it sound like those that can’t figure out their discretionary income lack discipline. Someone can manage his cashflow well, and still be left with very little discretionary income to buy bitcoin and build backup funds from or none at all. You can’t say the person is not disciplined in this situation, the problem is that his income is too small, so he would need to create other sources of income to be able to figure out his discretionary income properly.

[Chinesebaby]

I don't think discipline has anything to with sorting out your discretionary income because every investors that has money and that is willing to invest will surely sort out his discretionary income to be able to start investing, and were i think discipline can come in as an investors, you need the spirit of discipline in order to hold Bitcoin investments no matter how the price of Bitcoin might for in the market, and investing in Bitcoin doesn't require you to have large or small sources of income before investing because there are still investors that doesn't have means of having source of income yet they still invest in Bitcoin and still sort out their discretionary income.

Indeed, discipline has everything to do with investing, because without discipline, it will be very difficult for an individual to decide to start investing, and stay consistent to the end without giving up along the line. Because without discipline, even if an individual is earning $1million every month, it will still be very difficult for him or her to set a specific amount of money to be investing. Because it's only through discipline that an individual can achieve success in his investment journey. So no matter how rich, average or poor you are, if only y can be disciplined to decide to achieve anything, it's very possible.

[Lembo69]

Of course financial discipline helps a person manage his cashflow well by prioritizing important things over unnecessary things. But don’t make it sound like those that can’t figure out their discretionary income lack discipline. Someone can manage his cashflow well, and still be left with very little discretionary income to buy bitcoin and build backup funds from or none at all. You can’t say the person is not disciplined in this situation, the problem is that his income is too small, so he would need to create other sources of income to be able to figure out his discretionary income properly.

Yes, if someone has low discretionary income, then he should create an alternative source of income. Because if someone has low discretionary income, then it may be difficult to manage his investments well and allocate money for emergency funds or buy aggressively. So I think an investor should increase the discretionary income from some other alternative income source.

Just because the discretionary income is low does not mean that he is not disciplined in his investment. The one who does not deviate from his plan is disciplined. Suppose an investor whose discretionary income is very low and he invests $5 dollars every week through the DCA strategy. But he never sells his investment and he is consistent in his investment. In both cases, another investor who has high discretionary income invests $10 dollars a week but when the market really falls, he sells his investment. So it is clear that even if the discretionary income is low, there is no problem for an investor to remain disciplined.

[Derekfunds]

Indeed, discipline has everything to do with investing, because without discipline, it will be very difficult for an individual to decide to start investing, and stay consistent to the end without giving up along the line. Because without discipline, even if an individual is earning $1million every month, it will still be very difficult for him or her to set a specific amount of money to be investing. Because it's only through discipline that an individual can achieve success in his investment journey. So no matter how rich, average or poor you are, if only y can be disciplined to decide to achieve anything, it's very possible.

In as much as I would love to say that discipline is very important in Bitcoin investment I will also want to inform you that we don't need discipline to start Bitcoin investment but rather what we need to start Bitcoin investment is our discretionary, determination and courage because if you are not determined to invest you will still feel somehow along the process of investing. However, discipline only come to play when you have started, that is maintaining your investment takes a lot of discipline.

[PhilosopherKing]

I think understanding is also the reason why some people failed to invest in bitcoin or hold for long periods of time, some individuals find it difficult to understand bitcoin, they think they can survive without having a good proper plan or sort out their discretionary income, bitcoin is not an investment that an individual will wake up and want to invest, you have to be prepared for it, some individuals are not prepare for it, and decide to invest in bitcoin, which is why at the end they failed to hold, no matter how smart you are, bitcoin deserves a good plan and you have to be ready to invest.

Why not huh? They can if they have their discretionary income . So you think we need to have Satoshi level of knowledge or be rich like Elon before starting, because I sure as hell don't know the kind of preparation you keep yarning about.

Person just have to have their discretionary income and that is enough for them to get the fuck started as soon as they can. Person don't have to prepare before they can get their discretionary income. Some person just have a source of income, and their discretionary income comes naturally after they have done all their expenses.

And some other person don't have a single source of income and yet they still get discretionary income from gifts from friends and family. What ever way person get their discretionary income doesn't matter, what matter is that the money is their discretionary and it is what they can put into bitcoin for long time without being affected by it.

[Shineup]

Indeed, discipline has everything to do with investing, because without discipline, it will be very difficult for an individual to decide to start investing, and stay consistent to the end without giving up along the line. Because without discipline, even if an individual is earning $1million every month, it will still be very difficult for him or her to set a specific amount of money to be investing. Because it's only through discipline that an individual can achieve success in his investment journey. So no matter how rich, average or poor you are, if only y can be disciplined to decide to achieve anything, it's very possible.

In as much as I would love to say that discipline is very important in Bitcoin investment I will also want to inform you that we don't need discipline to start Bitcoin investment but rather what we need to start Bitcoin investment is our discretionary, determination and courage because if you are not determined to invest you will still feel somehow along the process of investing. However, discipline only come to play when you have started, that is maintaining your investment takes a lot of discipline.

It is true that what we needed to start Bitcoin investment is our discretionary income but on a reasonable length, without discipline most people wouldn't have been or can not figure out their discretionary income, without discipline most people will spend their money way more than they should have over unnecessary things, with discipline one can be able to itemized their expenses according to their pressing needs and thereby increasing the chances of generating a discretionary income. In a nutshell, discipline really has a lot to do even on your way to getting started.

[NewRevelation]

Indeed, discipline has everything to do with investing, because without discipline, it will be very difficult for an individual to decide to start investing, and stay consistent to the end without giving up along the line. Because without discipline, even if an individual is earning $1million every month, it will still be very difficult for him or her to set a specific amount of money to be investing. Because it's only through discipline that an individual can achieve success in his investment journey. So no matter how rich, average or poor you are, if only y can be disciplined to decide to achieve anything, it's very possible.

In as much as I would love to say that discipline is very important in Bitcoin investment I will also want to inform you that we don't need discipline to start Bitcoin investment but rather what we need to start Bitcoin investment is our discretionary, determination and courage because if you are not determined to invest you will still feel somehow along the process of investing. However, discipline only come to play when you have started, that is maintaining your investment takes a lot of discipline.

For me, I think we can't take away discipline from the whole equation. If you need all that you mentioned, the determination and courage, then discipline is also part of it. It's true we need discretionary income to start our investment, and surely, we need some kind of discipline to be able to figure out our discretionary income and also to begin and continue our investment. A disciplined person would handle basic needs appropriately and then allocate funds rightly. If feel that, if you are not disciplined in the first place, you may not be able to figure out your discretionary.

[cyberninja2]

For me, I think we can't take away discipline from the whole equation. If you need all that you mentioned, the determination and courage, then discipline is also part of it. It's true we need discretionary income to start our investment, and surely, we need some kind of discipline to be able to figure out our discretionary income and also to begin and continue our investment. A disciplined person would handle basic needs appropriately and then allocate funds rightly. If feel that, if you are not disciplined in the first place, you may not be able to figure out your discretionary.

It's not perfect if we still lack discipline. Because, as you said earlier relying solely on courage and determination will certainly not succeed if we don't have one more thing discipline. Discipline is the same as consistency for those who practice it.

For example, some of us have the determination and courage to invest and their discretionary income makes it easy for them to do so. However, even after they've made it easy there's a point where they fail simply because they lack discipline. Personally I think it's better to invest within our means but remain consistent and disciplined in protecting our investments.
Because people who know how to do it with discipline will understand how to protect themselves better, especially when it comes to spending, and will be more likely to optimize their spending based on discretionary fund allocation policies.

[Olatundespo]

Indeed, discipline has everything to do with investing, because without discipline, it will be very difficult for an individual to decide to start investing, and stay consistent to the end without giving up along the line. Because without discipline, even if an individual is earning $1million every month, it will still be very difficult for him or her to set a specific amount of money to be investing. Because it's only through discipline that an individual can achieve success in his investment journey. So no matter how rich, average or poor you are, if only y can be disciplined to decide to achieve anything, it's very possible.

In as much as I would love to say that discipline is very important in Bitcoin investment I will also want to inform you that we don't need discipline to start Bitcoin investment but rather what we need to start Bitcoin investment is our discretionary, determination and courage because if you are not determined to invest you will still feel somehow along the process of investing. However, discipline only come to play when you have started, that is maintaining your investment takes a lot of discipline.

For me, I think we can't take away discipline from the whole equation. If you need all that you mentioned, the determination and courage, then discipline is also part of it. It's true we need discretionary income to start our investment, and surely, we need some kind of discipline to be able to figure out our discretionary income and also to begin and continue our investment. A disciplined person would handle basic needs appropriately and then allocate funds rightly. If feel that, if you are not disciplined in the first place, you may not be able to figure out your discretionary.

Discipline is a part of investing. Just as discretionary income is an important part of investing, discipline can also keep you on track with your long term Bitcoin accumulation. We often forget about this discipline because we give more importance to discretionary income or the additional funds available to us. Patience and discipline are considered very important for long term Bitcoin investments. Even a disciplined investor will successfully fulfill his family responsibilities in real life and have a strong attitude towards long term Bitcoin. Many of us cannot be disciplined at the beginning of investing because we want to achieve things quickly. The mentality of making quick profits can create a trading attitude in us. Patience and discipline allow you to successfully apply discretionary income to proper fund management.

[Stive009]

For me, I think we can't take away discipline from the whole equation. If you need all that you mentioned, the determination and courage, then discipline is also part of it. It's true we need discretionary income to start our investment, and surely, we need some kind of discipline to be able to figure out our discretionary income and also to begin and continue our investment. A disciplined person would handle basic needs appropriately and then allocate funds rightly. If feel that, if you are not disciplined in the first place, you may not be able to figure out your discretionary.

It's not perfect if we still lack discipline. Because, as you said earlier relying solely on courage and determination will certainly not succeed if we don't have one more thing discipline. Discipline is the same as consistency for those who practice it.

For example, some of us have the determination and courage to invest and their discretionary income makes it easy for them to do so. However, even after they've made it easy there's a point where they fail simply because they lack discipline. Personally I think it's better to invest within our means but remain consistent and disciplined in protecting our investments.
Because people who know how to do it with discipline will understand how to protect themselves better, especially when it comes to spending, and will be more likely to optimize their spending based on discretionary fund allocation policies.

Absolutely right that's right. In addition to discretionary income it takes discipline to invest in Bitcoin. Many people fail in Bitcoin investment despite having the necessary discretionary income simply because they lack discipline.

But I think for people who don't have patience or discipline investing in Bitcoin can be a way to develop those very attributes. As an individual invests her capital observing the market learning from it and adjusting their positions as a result of their mistakes as they go through the experience their discipline patience and self control can be developed little by little.

Long term investors can find a steady investment approach such as DCa to be extremely advantageous. It prevents you from entering and exiting the market at the exact right moment and eliminates the emotional aspect of reacting to price changes. The secret is to develop a realistic plan within a person's financial means then follow it in the long term.

Knowing your strengths and weaknesses is definitely important. But it does not mean that if one doesn't have patience and discipline in the beginning one cannot invest for long term. Investing is not an easy thing to do and nothing will change a person's character all of a sudden but if they have a plan learn from their mistakes and stick with it I believe that it will help them become disciplined and patient.

[alankasman]

Absolutely right that's right. In addition to discretionary income it takes discipline to invest in Bitcoin. Many people fail in Bitcoin investment despite having the necessary discretionary income simply because they lack discipline.

But I think for people who don't have patience or discipline investing in Bitcoin can be a way to develop those very attributes. As an individual invests her capital observing the market learning from it and adjusting their positions as a result of their mistakes as they go through the experience their discipline patience and self control can be developed little by little.

Knowing your strengths and weaknesses is definitely important. But it does not mean that if one doesn't have patience and discipline in the beginning one cannot invest for long term. Investing is not an easy thing to do and nothing will change a person's character all of a sudden but if they have a plan learn from their mistakes and stick with it I believe that it will help them become disciplined and patient.

Everyone has their own decisions when it comes to making investments, especially when it comes to investing. Besides courage, discipline is essential to ensure their investments are well-preserved and become assets in the future.

It's their own risk if they lack patience in managing their investments. In my opinion, the success or failure of any activity depends solely on discipline in maintaining or executing it. Investing requires mental courage and discipline so that their portfolio can grow according to their desires: grow well and achieve maximum returns, even if it takes time.

For me, it's not about whether it's important or not rather, we need to understand our circumstances, both our strengths and weaknesses. Once we understand all of this, I believe the path will be determined over time by determining the discipline to invest within our desired timeframe. If we don't understand the things that will cause us to experience changes to the investments we plan, in the end we will be a party who doesn't follow the existing rules for making the right investments.

[Sulegzy39]

When making long-term Bitcoin investments, financial discipline is crucial. Real financial discipline is figuring out how much to invest by keeping your income and expenses in balance, then acting on that choice depending on the circumstances. Everybody has a different financial situation. An individual with a high income may have high obligations and expenses. A person may have low expenses if their income is low. Staying within your means is crucial. We can avoid investing more than we can afford by exercising discipline.

It cannot, however, completely remove the possibility of loss or price volatility. Financial discipline also includes cutting back on investments if income declines or unforeseen costs rise for whatever reason. It is more crucial to preserve your financial stability than to keep making regular investments. Long-term investing requires not only the habit of making consistent purchases, but also an awareness of your financial constraints and the capacity to make planned decisions despite market swings.

[Morayoam91]

When making long-term Bitcoin investments, financial discipline is crucial. Real financial discipline is figuring out how much to invest by keeping your income and expenses in balance, then acting on that choice depending on the circumstances. Everybody has a different financial situation. An individual with a high income may have high obligations and expenses. A person may have low expenses if their income is low. Staying within your means is crucial. We can avoid investing more than we can afford by exercising discipline.

It cannot, however, completely remove the possibility of loss or price volatility. Financial discipline also includes cutting back on investments if income declines or unforeseen costs rise for whatever reason. It is more crucial to preserve your financial stability than to keep making regular investments. Long-term investing requires not only the habit of making consistent purchases, but also an awareness of your financial constraints and the capacity to make planned decisions despite market swings.

Financial transparency is the most important thing for investing, no matter how much a person's income and expenses are, he always needs to use his earned money in the right place, always keep yourself away from waste because waste destroys people, it is natural for this to be financially weak, there are people who, even with high income, cannot meet the need for sufficient money for investment because they are spending unnecessary money and living an expensive life, the money you earn from your income should be considered as the first target for investment, which is enough to destroy your investment, after meeting your daily family needs, you can start investing small amounts with the remaining money and see it grow as you reach the goal of moving it forward in the long term. On the other hand, you can also be on the side of creating an emergency fund, which will help keep your investment intact.

[ChocolateBitcoinK]

Indeed, discipline has everything to do with investing, because without discipline, it will be very difficult for an individual to decide to start investing, and stay consistent to the end without giving up along the line. Because without discipline, even if an individual is earning $1million every month, it will still be very difficult for him or her to set a specific amount of money to be investing. Because it's only through discipline that an individual can achieve success in his investment journey. So no matter how rich, average or poor you are, if only y can be disciplined to decide to achieve anything, it's very possible.

In as much as I would love to say that discipline is very important in Bitcoin investment I will also want to inform you that we don't need discipline to start Bitcoin investment but rather what we need to start Bitcoin investment is our discretionary, determination and courage because if you are not determined to invest you will still feel somehow along the process of investing. However, discipline only come to play when you have started, that is maintaining your investment takes a lot of discipline.

For me, I think we can't take away discipline from the whole equation. If you need all that you mentioned, the determination and courage, then discipline is also part of it. It's true we need discretionary income to start our investment, and surely, we need some kind of discipline to be able to figure out our discretionary income and also to begin and continue our investment. A disciplined person would handle basic needs appropriately and then allocate funds rightly. If feel that, if you are not disciplined in the first place, you may not be able to figure out your discretionary.

Discipline is a part of investing. Just as discretionary income is an important part of investing, discipline can also keep you on track with your long term Bitcoin accumulation. We often forget about this discipline because we give more importance to discretionary income or the additional funds available to us. Patience and discipline are considered very important for long term Bitcoin investments. Even a disciplined investor will successfully fulfill his family responsibilities in real life and have a strong attitude towards long term Bitcoin. Many of us cannot be disciplined at the beginning of investing because we want to achieve things quickly. The mentality of making quick profits can create a trading attitude in us. Patience and discipline allow you to successfully apply discretionary income to proper fund management.

I agree with you very much, we must be disciplined, have the mindset to manage investments properly, and at the same time, we must spend the income with financial management and use it in the right place. Despite having a large income, many times a person cannot manage any investment, because they do not have financial management, as a result, all their income ends up unnecessarily due to unnecessary expenses. But if there is proper financial management in that place and there is a mindset to manage properly, then despite the low income, it is possible to invest consistently on a small scale by spending properly.

However, after solving the financial situation, here of course comes the issue of patience and discipline, managing investments for the long term is not an easy task, we may say very easily that we have to invest for the long term, but the amount of instability, panic in this investment, all together, it becomes very difficult to manage an investment for the long term. But we have to manage investments by ignoring all these things through patience and discipline.
The investment is long-term, but those who expect short-term success from Bitcoin can often suffer large losses, because due to the undisclosed volatility of Bitcoin, it is almost impossible to make a profit through short-term buying and selling, and therefore, leaving aside this unrealistic thing, one should invest in the most possible thing, that is, long-term holding. So far, everyone who has held for a long time has been in profit, and it will be the same in the future.

[Derekfunds]

For me, I think we can't take away discipline from the whole equation. If you need all that you mentioned, the determination and courage, then discipline is also part of it. It's true we need discretionary income to start our investment, and surely, we need some kind of discipline to be able to figure out our discretionary income and also to begin and continue our investment. A disciplined person would handle basic needs appropriately and then allocate funds rightly. If feel that, if you are not disciplined in the first place, you may not be able to figure out your discretionary.

Perhaps you should reread again so you will understand better, I didn't say dsicipline isor should be put away from Bitcoin Investment but rather i said discipline is not what makes someone to start Bitcoin investment. Off course we need discipline to be able to sort out our discretionary income but we don't need only discipline to be able to start our Bitcoin investment rather we also need courage and determination like I said because some people have this discipline and have sort out their discretionary income but they don't have the courage and determination to start because they are still scared since nothing is guarantee.

[Soldroplet]

When making long-term Bitcoin investments, financial discipline is crucial. Real financial discipline is figuring out how much to invest by keeping your income and expenses in balance, then acting on that choice depending on the circumstances. Everybody has a different financial situation. An individual with a high income may have high obligations and expenses. A person may have low expenses if their income is low. Staying within your means is crucial. We can avoid investing more than we can afford by exercising discipline.

It cannot, however, completely remove the possibility of loss or price volatility. Financial discipline also includes cutting back on investments if income declines or unforeseen costs rise for whatever reason. It is more crucial to preserve your financial stability than to keep making regular investments. Long-term investing requires not only the habit of making consistent purchases, but also an awareness of your financial constraints and the capacity to make planned decisions despite market swings.

I agree with you. However, I think that financial discipline does not only mean investing by keeping an account of income and expenses, but also preparing how to handle any financial problems that may arise in the future. Many people try to buy Bitcoin regularly, but do not keep any money aside for emergencies. As a result, if they suddenly lose their jobs or need money for family medical treatment, they are forced to sell their accumulated Bitcoin.

In my opinion, after meeting the necessary expenses, in addition to investing some of the extra money in Bitcoin, they should also create an emergency fund. However, I do not think that investing cannot be started until the emergency fund is fully created. Both can be continued simultaneously according to one's ability. If income decreases, the investment amount can be temporarily reduced, and if income increases, the amount can be increased. Because to hold Bitcoin in the long term, it is not only necessary to have the ability to buy, but also to have the financial preparation so that you do not have to sell that Bitcoin when necessary. And that, to me, is an important aspect of financial discipline.

[Cyber_warrior]

When making long-term Bitcoin investments, financial discipline is crucial. Real financial discipline is figuring out how much to invest by keeping your income and expenses in balance, then acting on that choice depending on the circumstances. Everybody has a different financial situation. An individual with a high income may have high obligations and expenses. A person may have low expenses if their income is low. Staying within your means is crucial. We can avoid investing more than we can afford by exercising discipline.

It cannot, however, completely remove the possibility of loss or price volatility. Financial discipline also includes cutting back on investments if income declines or unforeseen costs rise for whatever reason. It is more crucial to preserve your financial stability than to keep making regular investments. Long-term investing requires not only the habit of making consistent purchases, but also an awareness of your financial constraints and the capacity to make planned decisions despite market swings.

I agree with you. However, I think that financial discipline does not only mean investing by keeping an account of income and expenses, but also preparing how to handle any financial problems that may arise in the future. Many people try to buy Bitcoin regularly, but do not keep any money aside for emergencies. As a result, if they suddenly lose their jobs or need money for family medical treatment, they are forced to sell their accumulated Bitcoin.

In my opinion, after meeting the necessary expenses, in addition to investing some of the extra money in Bitcoin, they should also create an emergency fund. However, I do not think that investing cannot be started until the emergency fund is fully created. Both can be continued simultaneously according to one's ability. If income decreases, the investment amount can be temporarily reduced, and if income increases, the amount can be increased. Because to hold Bitcoin in the long term, it is not only necessary to have the ability to buy, but also to have the financial preparation so that you do not have to sell that Bitcoin when necessary. And that, to me, is an important aspect of financial discipline.

Yea you are right, as we are getting our discretionary income we should try to build our emergency funds and also reserve funds, they will help protect our Bitcoin holdings. We have seen a lot of people who who ended up selling their holdings when they hit an emergency situation  because they failed to build their emergency funds.

So yes financial discipline comes with setting aside some part of our discretionary income for emergency purposes. No matter how we try being disciplined, so long we don’t build our emergency funds, we will definitely be forced to sell when we are in an emergency situation. So as we are building our portfolio, we should also be building our emergency funds.

[Agbam]

Indeed, discipline has everything to do with investing, because without discipline, it will be very difficult for an individual to decide to start investing, and stay consistent to the end without giving up along the line. Because without discipline, even if an individual is earning $1million every month, it will still be very difficult for him or her to set a specific amount of money to be investing. Because it's only through discipline that an individual can achieve success in his investment journey. So no matter how rich, average or poor you are, if only y can be disciplined to decide to achieve anything, it's very possible.

In as much as I would love to say that discipline is very important in Bitcoin investment I will also want to inform you that we don't need discipline to start Bitcoin investment but rather what we need to start Bitcoin investment is our discretionary, determination and courage because if you are not determined to invest you will still feel somehow along the process of investing. However, discipline only come to play when you have started, that is maintaining your investment takes a lot of discipline.

For me, I think we can't take away discipline from the whole equation. If you need all that you mentioned, the determination and courage, then discipline is also part of it. It's true we need discretionary income to start our investment, and surely, we need some kind of discipline to be able to figure out our discretionary income and also to begin and continue our investment. A disciplined person would handle basic needs appropriately and then allocate funds rightly. If feel that, if you are not disciplined in the first place, you may not be able to figure out your discretionary.

Getting started requires you to have discretionary income, but to remain consistent in investing requires discipline.
Discipline is what makes practices perfect.

Anyone who has discretionary income available can invest in bitcoin but to keep growing and improving one needs to be disciplined enough to stick with their plans and strategies and not deviate from it or engage in some bad practices like timing the market or taking profits when it’s not due.

So I support that discipline is very necessary for an investor to have a successful investment.