Does the DCA strategy inspire newbies to invest?

[Futurexxx]

This pattern is also associated with cases where an investor loses their job. The percentage for buying through dca is relative to change as the income increases or decreases. If the first emergency funds have been squandered due to an emergency, the investor will have to adjust the percentage for dca so that he can pile up more emergency funds for the future.

When an investor loses his job, there's a possibility that he ceases to have income at the moment and in a scenario that they don't have any other source of income and now relies on his already built out backup funds to sustain him, and at that point if there's no discretionary income coming in, survivor becomes the priority and the investor should stop buying and focus on holding and survival until he's able to get himself back to earning and can continue buying with his discretionary income. When he gets on his feet again, there's a great possibility that he's depleted his emergency fund to a good extent or even totally, he should give more priority to building back his emergency fund since his portfolio is now left vulnerable due to lack of emergency fund, while he still continues his buys and holding simultaneously.

This is the main reason why Bitcoin investors are adviced to put down emergency and reserve funds that are big enough to sustain you and your investment for a period of three months or more, because shitty things like this do happens most times in your investment journey, but having the means to combat it without getting unscathed is the game changer.
That's why I sees those that downplay the importance emergency and reserve funds as an unserious people, unless they are rich.

[BluebloodCXVI]

Putting too much funds as emergency while investing in Bitcoin will reduce your chances of reaching a higher level of Bitcoin accumulation. Let's say for instance you have free $100, you can DCA with $50 then 20 - $30 goes into emergency funds then the remaining $20 should be with you just in case. It's wrong to put a higher amount of money into emergency funds while your Bitcoin portfolio is receiving a little amount of money as DCA. Saving for emergency shouldn't be endless savings, there are point whereby you save for emergency then you stop saving for it because you already have a lot stored for emergency, if you are doing well and you have also secured some funds for emergency, you can start DCA'ing more into Bitcoin, it will really help an investor to achieve more.

The honest truth of the matter is that emergency situations doesn't happen all the time and if an investor keeps a very large amount of money as emergency for a very long time and they are not using it, the money might just be there doing nothing, rather it will be affected by inflation since it's on Fiat currency. So emergency funds shouldn't be an endless saving.

I think the key takeaway from what you’re saying is discipline and knowing when to shift gears. You can build your emergency fund to a reasonable level based on your situation while simultaneously and gradually increasing  your exposure to Bitcoin more instead of just endlessly stockpiling cash that could be integrated into your bitcoin portfolio.
Emergency funds is not an endless bucket, some people overdo it and try to justify it by saying that they’re doing it just incase, this kind of mindset will later lead to the person holding excess idle cash for too long. At one point, folks need to be able to know when to stop accumulating emergency funds and start putting the money to work in their bitcoin investment portfolio.

[Promocodeudo]

There is no reason to wait at all in order to start investing in bitcoin.  A person can start right away, as soon as they determine that they have discretionary funds.

Some intending investors are full of excuses even when the have heard that what they actually required to invest with in Bitcoin is their discreationary income, they will still want to tell you that they need to have as stable income before they can invest then you began to ask yourself if stable income is what guarantees them investment in Bitcoin or their discretionary income, some people fail to understand that as long as their is a way you can figure out your discreationary income from any source, you can actually invest in Bitcoin, what some persons lack is understanding, what makes us ready to invest in Bitcoin is our discreationary income, once it is available waiting become invalid and dangerous

[liasbaa]

This pattern is also associated with cases where an investor loses their job. The percentage for buying through dca is relative to change as the income increases or decreases. If the first emergency funds have been squandered due to an emergency, the investor will have to adjust the percentage for dca so that he can pile up more emergency funds for the future.

When an investor loses his job, there's a possibility that he ceases to have income at the moment and in a scenario that they don't have any other source of income and now relies on his already built out backup funds to sustain him, and at that point if there's no discretionary income coming in, survivor becomes the priority and the investor should stop buying and focus on holding and survival until he's able to get himself back to earning and can continue buying with his discretionary income. When he gets on his feet again, there's a great possibility that he's depleted his emergency fund to a good extent or even totally, he should give more priority to building back his emergency fund since his portfolio is now left vulnerable due to lack of emergency fund, while he still continues his buys and holding simultaneously.

This is the main reason why Bitcoin investors are adviced to put down emergency and reserve funds that are big enough to sustain you and your investment for a period of three months or more, because shitty things like this do happens most times in your investment journey, but having the means to combat it without getting unscathed is the game changer.
That's why I sees those that downplay the importance emergency and reserve funds as an unserious people, unless they are rich.

The size of the emergency fund should be 3 months or more of your financial capacity, but the period you mentioned is a normal range. Having cash flow will play a useful role in small emergencies, but for large emergencies, a backup fund is important. Despite having the necessary capacity, it is necessary to keep an emergency fund separately to keep your Bitcoin holdings safe because you never know when an unexpected situation will arise. It is always wise to be prepared.

Before joining the forum, I was involved in investing but was not very aware of emergency funds, as a result, despite having sufficient funds to invest, I did not get the desired success due to personal mistakes. Just as the importance of your emergency fund is important for long term Bitcoin investment, the availability of cash funds is also important.

[Taskford]

The difference is that, at that early stage, your percentage for investment will be balanced with that of your emergency fund. After you have reached the emergency target, the percentage for buying Bitcoin should increase. 

Sure.  It is possible that a guy who is brand new to investing, he might determine to dedicate part of his discretionary income to investing, another part to building up his back up funds and another part to discretionary consumption, and yeah, if he is starting out with absolutely no back up funds, then he likely would be investing in bitcoin and building his bitcoin at the same time, and so depending on how much he is putting in to each, it could take a long time, even a year or more to build both of them up so that he had put in the equivalent of 3 months expenses into bitcoin and 3 months of expenses into his back up funds (ie emergency funds). 

If they start without having a back up funds. It may really takes years for them to build those things he have said. But if they are consistent with their plans, that 3 months funds intended to use for their Bitcoin investment, then another 3 months to be used for emergency funds will give them some balance and steady growth.

So splitting  their funds into those category really have sense, because with this they can make their journey became more smoother and they have less chance to get bothered by those sudden changes happened on the market.

[Bright0515]

Some intending investors are full of excuses even when the have heard that what they actually required to invest with in Bitcoin is their discreationary income,

It is not all no-noiner that only come up with the excuses that they don't have discretionary income. The truth is that most of them have a lot of money as discretionary income but what they lack is the basic knowledge to start buying Bitcoin, so based on that they come up with excuses instead they should do some findings that will not take them up to a day to understand properly of what they are doing (if they practice it while learning). So I believe what is keeping some of them back from buying Bitcoin is because they don't have the basic knowledge to start buying Bitcoin. Although someone with common sense can figure it out or probably watch some YouTube videos then understand how to buy Bitcoin through p2p and also figure out the reliable and secured (wallet) way to save their Bitcoin.

[Showlove01]

This pattern is also associated with cases where an investor loses their job. The percentage for buying through dca is relative to change as the income increases or decreases. If the first emergency funds have been squandered due to an emergency, the investor will have to adjust the percentage for dca so that he can pile up more emergency funds for the future.

When an investor loses his job, there's a possibility that he ceases to have income at the moment and in a scenario that they don't have any other source of income and now relies on his already built out backup funds to sustain him, and at that point if there's no discretionary income coming in, survivor becomes the priority and the investor should stop buying and focus on holding and survival until he's able to get himself back to earning and can continue buying with his discretionary income. When he gets on his feet again, there's a great possibility that he's depleted his emergency fund to a good extent or even totally, he should give more priority to building back his emergency fund since his portfolio is now left vulnerable due to lack of emergency fund, while he still continues his buys and holding simultaneously.

This is the main reason why Bitcoin investors are adviced to put down emergency and reserve funds that are big enough to sustain you and your investment for a period of three months or more, because shitty things like this do happens most times in your investment journey, but having the means to combat it without getting unscathed is the game changer.
That's why I sees those that downplay the importance emergency and reserve funds as an unserious people, unless they are rich.

Emergency funds and reserve funds are among the things that protect and give us a good and progressing investment but we should not prioritize it over our discretionary income because it is what will determine our investment growth. However, emergency funds or reserve funds can not actually be measured or determined how far or long it will help us against any unforseen circumstances because as the name implies unforseen circumstances, we can not really tell how challenging it can be but at some point a good investor should estimate how much to reserve.

[JayJuanGee]

There is no reason to wait at all in order to start investing in bitcoin.  A person can start right away, as soon as they determine that they have discretionary funds.

Some intending investors are full of excuses even when the have heard that what they actually required to invest with in Bitcoin is their discreationary income, they will still want to tell you that they need to have as stable income before they can invest then you began to ask yourself if stable income is what guarantees them investment in Bitcoin or their discretionary income, some people fail to understand that as long as their is a way you can figure out your discreationary income from any source, you can actually invest in Bitcoin, what some persons lack is understanding, what makes us ready to invest in Bitcoin is our discreationary income, once it is available waiting become invalid and dangerous

Each person has to make the judgment for himself in regards to how much discretionary funds is sufficiently comfortable to get started buying bitcoin, whether that is an extra $100 or an extra $10 or some other amount that allows them to at least get started buying bitcoin.  And, then perhaps once they start to buy bitcoin, then it might be easier to decide again to buy some more bitcoin the following week or maybe on a weekly basis.

There can also be circumstances in which guys consider their income situation and even the amount of discretionary funds that they have to not be enough in order to give them confidence to buy bitcoin on a regular basis, yet they still might be able to buy bitcoin once in a while. .which may be enough to get started and better than nothing in terms of potentially planting the roots to regular actions of buying bitcoin, even if the buys might be inconsistent and/or infrequent.

Many of us likely can appreciate a higher comfort level that comes when we have some money coming in every week or two, rather than if  we might be in a situation where our work is not very regular, we don't know how long any particular job is going to last and then we may well be uncertain about the next job.. and so in those situations of irregular income and/or irregular expenses, we might lack confidence in either our ability to get started buying bitcoin or our abilities to buy bitcoin on a regular basis.. .and so those guys surely might be in a situation in which they both have to hold higher levels of cash and/or needing to try to figure out ways to increase their income and/or to cut their expenses.

Some intending investors are full of excuses even when the have heard that what they actually required to invest with in Bitcoin is their discreationary income,

It is not all no-noiner that only come up with the excuses that they don't have discretionary income. The truth is that most of them have a lot of money as discretionary income but what they lack is the basic knowledge to start buying Bitcoin, so based on that they come up with excuses instead they should do some findings that will not take them up to a day to understand properly of what they are doing (if they practice it while learning). So I believe what is keeping some of them back from buying Bitcoin is because they don't have the basic knowledge to start buying Bitcoin. Although someone with common sense can figure it out or probably watch some YouTube videos then understand how to buy Bitcoin through p2p and also figure out the reliable and secured (wallet) way to save their Bitcoin.

Your ideas about "basics of buying" comes off as unclear, even though I understand the idea of how to source the first coins, and there may well be some people who pointed out places to buy bitcoin that would require having a personal wallet, and one of the common starting places tends to be identifying an exchange and then buying through the exchange, which may well be an acceptable place to first get bitcoin and even exposure to the bitcoin price, yet it could be a place that is not very great to hold a lot of value, even though it may be acceptable to hold the first few hundred dollars worth of value while the newbie might be researching into various private ways to hold some (if not all) of his bitcoin.  There also might be some legitimate reasons to hold some value on exchanges and to use them regularly for guys who might have not have had identified other ways of getting in and out of bitcoin...and preferably we can find ways to transact with bitcoin or to get in and out of it, since it does seems that going through exchanges can contribute towards issues of locking up coins and/or freezing abilities to get in and out of coins.  So, in some sense, with the longer holding of bitcoin, there are likely values in figuring out more than one way to get in and out of coins  - even though I agree peer to peer is good and being able to transact with bitcoin is also good.

[edited out]

Emergency funds and reserve funds are among the things that protect and give us a good and progressing investment but we should not prioritize it over our discretionary income because it is what will determine our investment growth.

Your framing of this topic is strange Showlove01, since the back up funds of emergency funds and reserve funds are built from discretionary income, so surely if we have discretionary funds coming in, we have the option to spend from the discretionary funds and then to continue to build up the emergency funds/reserve funds, and surely if the discretionary funds are not sufficient to cover our expenses, then we can tap into any of the back up funds of the emergency funds and/or the reserve funds, and generally the idea of tapping into reserve funds would be easier to do than tapping into emergency funds, since we may well would have had established more limitations on when it is acceptable to tap into emergency funds, and we may well be trying to put systems in place so that we never have to tap into emergency funds absent running out of all other funds and being put in a situation of having no other choice (including considerations to protect our bitcoin stash so we are spending from emergency funds so that we might not have to tap into our bitcoin, unless we also run out of (deplete) our emergency funds, then we might not have any other resources left to tap into besides our bitcoin, which even if we end up having to tap into our bitcoin at a time that is not of our choosing, we might well hope that the various back up funds that we had built might have had allowed us to ONLY tap into our bitcoin in minimal ways rather than greatly depleting our bitcoin after perhaps years and years of building it up.  Sometimes if the emergency is so great (and/or long lasting), we might not have any choices but to greatly (if not completely) deplete our various funds within a priority order in which we try to tap into the most valuable of the assets at the latest of times.

However, emergency funds or reserve funds can not actually be measured or determined how far or long it will help us against any unforseen circumstances because as the name implies unforseen circumstances, we can not really tell how challenging it can be but at some point a good investor should estimate how much to reserve.

You are correct about some of the unknowns, yet that each of us has responsibilities to try to be reasonable in how we balance the level of the various back up funds that we have and how we might draw from them (in what order) and any other measures that we might try to take to increase our income and/or to decrease our expenses during times in which our various back up funds might be being depleted... so one thing is preparing for such circumstances and then another thing is dealing with such circumstances of decreased income and/or increased expenses once such unexpected circumstances start to happen.

[Inior]

Some intending investors are full of excuses even when the have heard that what they actually required to invest with in Bitcoin is their discreationary income,

It is not all no-noiner that only come up with the excuses that they don't have discretionary income. The truth is that most of them have a lot of money as discretionary income but what they lack is the basic knowledge to start buying Bitcoin, so based on that they come up with excuses instead they should do some findings that will not take them up to a day to understand properly of what they are doing (if they practice it while learning). So I believe what is keeping some of them back from buying Bitcoin is because they don't have the basic knowledge to start buying Bitcoin. Although someone with common sense can figure it out or probably watch some YouTube videos then understand how to buy Bitcoin through p2p and also figure out the reliable and secured (wallet) way to save their Bitcoin.

Investment in bitcoin is just all about the capital to do so. If anyone has the intention of investing in bitcoin and have the avaliable capital to do so, they should go ahead and invest in bitcoin they basically don't need much knowledge to make investment in bitcoin. When i bought my first bitcoin i got all the information I needed online and it didn't take me 3 hours to gather all the information I needed to set up my wallet and buy bitcoin. That explains that knowledge barrier is not an excuse for people to not invest in bitcoin, it's either they are bitcoin critics or they have no interest in investing at that point in time.

[BluebloodCXVI]

Emergency funds and reserve funds are among the things that protect and give us a good and progressing investment but we should not prioritize it over our discretionary income because it is what will determine our investment growth. However, emergency funds or reserve funds can not actually be measured or determined how far or long it will help us against any unforseen circumstances because as the name implies unforseen circumstances, we can not really tell how challenging it can be but at some point a good investor should estimate how much to reserve.

If you’re in the early stage of your accumulation phase then I think it’s better to prioritize emergency funds over discretionary income, it doesn’t mean you won’t still be investing, your shares would just have to be smaller(at least initially).  a guy has $1000 discretionary income and is still in his early stages then he should put $700 into emergency fund then invest $300, that’s how it should be.
But in a situation whereby you feel that you’ve grown your emergency funds to a very comfortable level, you can now flip back the ratio and put $300 into emergency fund while $700 goes to investing.

[Jostern]

Each person has to make the judgment for himself in regards to how much discretionary funds is sufficiently comfortable to get started buying bitcoin, whether that is an extra $100 or an extra $10 or some other amount that allows them to at least get started buying bitcoin.  And, then perhaps once they start to buy bitcoin, then it might be easier to decide again to buy some more bitcoin the following week or maybe on a weekly basis.

There can also be circumstances in which guys consider their income situation and even the amount of discretionary funds that they have to not be enough in order to give them confidence to buy bitcoin on a regular basis, yet they still might be able to buy bitcoin once in a while. .which may be enough to get started and better than nothing in terms of potentially planting the roots to regular actions of buying bitcoin, even if the buys might be inconsistent and/or infrequent.

Many of us likely can appreciate a higher comfort level that comes when we have some money coming in every week or two, rather than if  we might be in a situation where our work is not very regular, we don't know how long any particular job is going to last and then we may well be uncertain about the next job.. and so in those situations of irregular income and/or irregular expenses, we might lack confidence in either our ability to get started buying bitcoin or our abilities to buy bitcoin on a regular basis.. .and so those guys surely might be in a situation in which they both have to hold higher levels of cash and/or needing to try to figure out ways to increase their income and/or to cut their expenses.

That is true, each individuals have to figure out their level of comfort when it comes to buying and accumulating bitcoin, we have to figure out how much discretionary income that we can get at the end of the month or on weekly basis when we can actually buy and accumulate bitcoin, personally everyone should be well aware of their level of buying and accumulating bitcoin, and figuring how much they can possibly accumulate either on a weekly basis or monthly basis.

However we can possibly consider how we can be buying bitcoin when we have a discretionary income if it’s something that we can be comfortable with in a long term investment, which consistency is very important when it comes to buying and accumulating bitcoin, wether is enough to buy bitcoin and get started it’s very important and mostly important is getting started with buying and holding bitcoin.

Perhaps we can be comfortable when we are buying bitcoin and we have that ability of buying more bitcoin and accumulating bitcoin when we have a more discretionary income availability, when we can boost of money and a discretionary income in a weekly or a monthly basis, because that would more important and widely appreciated, either when we have a regular jobs which we can earn some money from that could give us that motivation to always keep buying and accumulating bitcoin on a regular basis, I think it’s when we have a regular job that we can possibly have that money availability and also having a discretionary income that we can alway buy bitcoin, which is a factor that can always make us comfortable.

[Popkon6]

Emergency funds and reserve funds are among the things that protect and give us a good and progressing investment but we should not prioritize it over our discretionary income because it is what will determine our investment growth. However, emergency funds or reserve funds can not actually be measured or determined how far or long it will help us against any unforseen circumstances because as the name implies unforseen circumstances, we can not really tell how challenging it can be but at some point a good investor should estimate how much to reserve.

If you’re in the early stage of your accumulation phase then I think it’s better to prioritize emergency funds over discretionary income, it doesn’t mean you won’t still be investing, your shares would just have to be smaller(at least initially).  a guy has $1000 discretionary income and is still in his early stages then he should put $700 into emergency fund then invest $300, that’s how it should be.
But in a situation whereby you feel that you’ve grown your emergency funds to a very comfortable level, you can now flip back the ratio and put $300 into emergency fund while $700 goes to investing.

Bitcoin investment should never be purchased aggressively, the person will invest according to his ability and will be able to keep that investment for a long time. It is said to use discretionary income but not everyone's foot size may be good, so the person will invest in Bitcoin according to his ability. There is no such thing as a fixed investment amount. You should participate in the investment as much as you can, but it is best to do it through the DCA method because it will be possible to purchase in any situation.
The DCA method creates savings for the investor, and the investor can purchase in any situation, so the risk is much lower. Because your plan will be long-term, purchasing according to your ability will be the best plan.

[Saltysugar99]

Some intending investors are full of excuses even when the have heard that what they actually required to invest with in Bitcoin is their discreationary income,

It is not all no-noiner that only come up with the excuses that they don't have discretionary income. The truth is that most of them have a lot of money as discretionary income but what they lack is the basic knowledge to start buying Bitcoin, so based on that they come up with excuses instead they should do some findings that will not take them up to a day to understand properly of what they are doing (if they practice it while learning). So I believe what is keeping some of them back from buying Bitcoin is because they don't have the basic knowledge to start buying Bitcoin. Although someone with common sense can figure it out or probably watch some YouTube videos then understand how to buy Bitcoin through p2p and also figure out the reliable and secured (wallet) way to save their Bitcoin.

Investment in bitcoin is just all about the capital to do so. If anyone has the intention of investing in bitcoin and have the avaliable capital to do so, they should go ahead and invest in bitcoin they basically don't need much knowledge to make investment in bitcoin. When i bought my first bitcoin i got all the information I needed online and it didn't take me 3 hours to gather all the information I needed to set up my wallet and buy bitcoin. That explains that knowledge barrier is not an excuse for people to not invest in bitcoin, it's either they are bitcoin critics or they have no interest in investing at that point in time.

It is a good thing that you have shared your experience. Those who consider lack of knowledge as a barrier before starting investment, make excuses for not starting investment. No one else will benefit or lose because of this. It only affects who is not investing due to this kind of negative thinking. There is no rule to be an expert to start Bitcoin. No one says such a thing. Before starting investment, it is important to have discretionary income as an ability who want to invest. However, basic knowledge should have sufficient understanding of the security of their wallet. It does not take that long to learn about it. And once you start investing, gradually you will gain experience that you will be new things and through research you will also understand the depth of Bitcoin. This will make you experienced.

[UpTober]

There is no reason to wait at all in order to start investing in bitcoin.  A person can start right away, as soon as they determine that they have discretionary funds.

An investor does not have to consider so much to start investing in Bitcoin, but when the investor realizes that his expenses are less than his income and he has some money left at the end of every month or week, then that investor can start investing. In many cases, it is seen that they take extra time to start investing, and many people just wait for the right time to invest (although every time is actually right for investment) but while waiting, they cannot actually identify the right time, due to which they cannot invest.

If our plan is long-term, then we can start investing with a small amount of money. If an investor starts investing with a small amount of money in the beginning, later when he will learn more about investing, he can gradually increase his investment amount.

The important thing for an investor is to maintain investment, in order to continue investing consistently, many times the investor's investment may be irregular, but this is not the investor's problem, but if the investor sells the investment while invested, then the problem is and the investor has to plan in this regard.  I think investors should pay attention to one more thing when it comes to continuing their investments consistently: I will always be satisfied with the amount of my investment and I will not follow those who are investing more than me because the income of those who are investing more than me and my income are not the same, so I should be satisfied with the amount of investment that I can make to meet all my needs.

[JayJuanGee]

Emergency funds and reserve funds are among the things that protect and give us a good and progressing investment but we should not prioritize it over our discretionary income because it is what will determine our investment growth. However, emergency funds or reserve funds can not actually be measured or determined how far or long it will help us against any unforseen circumstances because as the name implies unforseen circumstances, we can not really tell how challenging it can be but at some point a good investor should estimate how much to reserve.

If you’re in the early stage of your accumulation phase then I think it’s better to prioritize emergency funds over discretionary income, it doesn’t mean you won’t still be investing, your shares would just have to be smaller(at least initially).  a guy has $1000 discretionary income and is still in his early stages then he should put $700 into emergency fund then invest $300, that’s how it should be.
But in a situation whereby you feel that you’ve grown your emergency funds to a very comfortable level, you can now flip back the ratio and put $300 into emergency fund while $700 goes to investing.

Bitcoin investment should never be purchased aggressively, the person will invest according to his ability and will be able to keep that investment for a long time. It is said to use discretionary income but not everyone's foot size may be good, so the person will invest in Bitcoin according to his ability. There is no such thing as a fixed investment amount. You should participate in the investment as much as you can, but it is best to do it through the DCA method because it will be possible to purchase in any situation.
The DCA method creates savings for the investor, and the investor can purchase in any situation, so the risk is much lower. Because your plan will be long-term, purchasing according to your ability will be the best plan.

Frequently, I like to suggest that folks who are investing into bitcoin, should try to figure out ways to invest into bitcoin as aggressively as they are able to do without overdoing it.  For sure, guys with strong cashflow management will be in a better position to invest aggressively into bitcoin as compared with folks who either don't have strong cashflow management and/or are otherwise unorganized in their finances.

Another thing is that level of aggressiveness or whimpiness is totally a discretionary matter in which each person is completely free to choose their level of aggressiveness or their level of whimpiness when it comes to how much priority they give to bitcoin investing and how much priority they give to strengthening their cashflow management systems/practices (which includes the level of their back up fund building and/or maintenance)

However, basic knowledge should have sufficient understanding of the security of their wallet. It does not take that long to learn about it.

A newbie to bitcoin does not need to learn about how to privately hold wallet keys before getting started investing in bitcoin.

[gracreavix]

Emergency funds and reserve funds are among the things that protect and give us a good and progressing investment but we should not prioritize it over our discretionary income because it is what will determine our investment growth. However, emergency funds or reserve funds can not actually be measured or determined how far or long it will help us against any unforseen circumstances because as the name implies unforseen circumstances, we can not really tell how challenging it can be but at some point a good investor should estimate how much to reserve.

If you’re in the early stage of your accumulation phase then I think it’s better to prioritize emergency funds over discretionary income, it doesn’t mean you won’t still be investing, your shares would just have to be smaller(at least initially).  a guy has $1000 discretionary income and is still in his early stages then he should put $700 into emergency fund then invest $300, that’s how it should be.
But in a situation whereby you feel that you’ve grown your emergency funds to a very comfortable level, you can now flip back the ratio and put $300 into emergency fund while $700 goes to investing.

Bitcoin investment should never be purchased aggressively, the person will invest according to his ability and will be able to keep that investment for a long time. It is said to use discretionary income but not everyone's foot size may be good, so the person will invest in Bitcoin according to his ability. There is no such thing as a fixed investment amount. You should participate in the investment as much as you can, but it is best to do it through the DCA method because it will be possible to purchase in any situation.
The DCA method creates savings for the investor, and the investor can purchase in any situation, so the risk is much lower. Because your plan will be long-term, purchasing according to your ability will be the best plan.

Frequently, I like to suggest that folks who are investing into bitcoin, should try to figure out ways to invest into bitcoin as aggressively as they are able to do without overdoing it.  For sure, guys with strong cashflow management will be in a better position to invest aggressively into bitcoin as compared with folks who either don't have strong cashflow management and/or are otherwise unorganized in their finances.

Good suggestion, this is something I’ve actually drafted and planned out for myself. I’ve taught of going slightly aggressive at this point, just to leverage on the current state bitcoin is at the moment.
I’m am few weeks into the effect in my investment plan though, but based on little stress currently in my cashflow, I’m not leveraging on the current state of bitcoin the way I intended.
But obviously, it’s a good time to think of being a bit aggressive, if your finance structure and cashflow is solid and can make that happen.

[Taskford]

Emergency funds and reserve funds are among the things that protect and give us a good and progressing investment but we should not prioritize it over our discretionary income because it is what will determine our investment growth. However, emergency funds or reserve funds can not actually be measured or determined how far or long it will help us against any unforseen circumstances because as the name implies unforseen circumstances, we can not really tell how challenging it can be but at some point a good investor should estimate how much to reserve.

If you’re in the early stage of your accumulation phase then I think it’s better to prioritize emergency funds over discretionary income, it doesn’t mean you won’t still be investing, your shares would just have to be smaller(at least initially).  a guy has $1000 discretionary income and is still in his early stages then he should put $700 into emergency fund then invest $300, that’s how it should be.
But in a situation whereby you feel that you’ve grown your emergency funds to a very comfortable level, you can now flip back the ratio and put $300 into emergency fund while $700 goes to investing.

Bitcoin investment should never be purchased aggressively, the person will invest according to his ability and will be able to keep that investment for a long time. It is said to use discretionary income but not everyone's foot size may be good, so the person will invest in Bitcoin according to his ability. There is no such thing as a fixed investment amount. You should participate in the investment as much as you can, but it is best to do it through the DCA method because it will be possible to purchase in any situation.
The DCA method creates savings for the investor, and the investor can purchase in any situation, so the risk is much lower. Because your plan will be long-term, purchasing according to your ability will be the best plan.

Frequently, I like to suggest that folks who are investing into bitcoin, should try to figure out ways to invest into bitcoin as aggressively as they are able to do without overdoing it.  For sure, guys with strong cashflow management will be in a better position to invest aggressively into bitcoin as compared with folks who either don't have strong cashflow management and/or are otherwise unorganized in their finances.

Another thing is that level of aggressiveness or whimpiness is totally a discretionary matter in which each person is completely free to choose their level of aggressiveness or their level of whimpiness when it comes to how much priority they give to bitcoin investing and how much priority they give to strengthening their cashflow management systems/practices (which includes the level of their back up fund building and/or maintenance)

They can do that if their discretionary income would allow them to do so, then this will truly work if they have great management of their cashflow. Those investors who can organize well their finances also knows how to maintain their back up funds are in great position to do aggressive investing without exceeding on their capabilities.

There are investors choose to be cautious in their approach and I find it ok to, since the key to succeed on this is proper balancing their accumulation and they are financial stable so that their strategies used will continue to be sustainable to them.

[Hardyrobust]

Emergency funds and reserve funds are among the things that protect and give us a good and progressing investment but we should not prioritize it over our discretionary income because it is what will determine our investment growth. However, emergency funds or reserve funds can not actually be measured or determined how far or long it will help us against any unforseen circumstances because as the name implies unforseen circumstances, we can not really tell how challenging it can be but at some point a good investor should estimate how much to reserve.

If you’re in the early stage of your accumulation phase then I think it’s better to prioritize emergency funds over discretionary income, it doesn’t mean you won’t still be investing, your shares would just have to be smaller(at least initially).  a guy has $1000 discretionary income and is still in his early stages then he should put $700 into emergency fund then invest $300, that’s how it should be.
But in a situation whereby you feel that you’ve grown your emergency funds to a very comfortable level, you can now flip back the ratio and put $300 into emergency fund while $700 goes to investing.

Bitcoin investment should never be purchased aggressively, the person will invest according to his ability and will be able to keep that investment for a long time. It is said to use discretionary income but not everyone's foot size may be good, so the person will invest in Bitcoin according to his ability. There is no such thing as a fixed investment amount. You should participate in the investment as much as you can, but it is best to do it through the DCA method because it will be possible to purchase in any situation.
The DCA method creates savings for the investor, and the investor can purchase in any situation, so the risk is much lower. Because your plan will be long-term, purchasing according to your ability will be the best plan.

Buying bitcoin aggressively isn't a bad thing as long as it is being done using discretionionary income to do so and over doing it by tempering or using money that isn't our discretionionary income to do so. Buying bitcoin aggressively without overdoing will help in increasing the stash of bitcoin in our portfolio .
Investing in bitcoin requires discretionionary so if you don't have discretionionary income to invest with then you are not fit to invest in bitcoin.

[alankasman]

Buying bitcoin aggressively isn't a bad thing as long as it is being done using discretionionary income to do so and over doing it by tempering or using money that isn't our discretionionary income to do so. Buying bitcoin aggressively without overdoing will help in increasing the stash of bitcoin in our portfolio .
Investing in bitcoin requires discretionionary so if you don't have discretionionary income to invest with then you are not fit to invest in bitcoin.

We shouldn't listen to anyone who says aggressively buying Bitcoin is a bad idea. They're saying this because they haven't delved deeper into what actually happens when someone does it that way. They will certainly follow suit when they understand the results someone gets when they reach a real point. This is something that those who like to judge and say that such an aggressive approach is very bad in their opinion haven't fully grasped.

In fact the steps taken by a person are aimed at increasing a person's savings by accumulating Bitcoin because they realize that in the future the amount that has been collected will certainly be very meaningful for those who have done it long ago because investing does not only require mental or capital in carrying out the accumulation but also the thoughts that are thought of are one of the assets of a person in thinking about policies that are beneficial for someone who has done it in a very aggressive way to increase income in investing.

[Tongley]

Emergency funds and reserve funds are among the things that protect and give us a good and progressing investment but we should not prioritize it over our discretionary income because it is what will determine our investment growth. However, emergency funds or reserve funds can not actually be measured or determined how far or long it will help us against any unforseen circumstances because as the name implies unforseen circumstances, we can not really tell how challenging it can be but at some point a good investor should estimate how much to reserve.

If you’re in the early stage of your accumulation phase then I think it’s better to prioritize emergency funds over discretionary income, it doesn’t mean you won’t still be investing, your shares would just have to be smaller(at least initially).  a guy has $1000 discretionary income and is still in his early stages then he should put $700 into emergency fund then invest $300, that’s how it should be.
But in a situation whereby you feel that you’ve grown your emergency funds to a very comfortable level, you can now flip back the ratio and put $300 into emergency fund while $700 goes to investing.

Bitcoin investment should never be purchased aggressively, the person will invest according to his ability and will be able to keep that investment for a long time. It is said to use discretionary income but not everyone's foot size may be good, so the person will invest in Bitcoin according to his ability. There is no such thing as a fixed investment amount. You should participate in the investment as much as you can, but it is best to do it through the DCA method because it will be possible to purchase in any situation.
The DCA method creates savings for the investor, and the investor can purchase in any situation, so the risk is much lower. Because your plan will be long-term, purchasing according to your ability will be the best plan.

Frequently, I like to suggest that folks who are investing into bitcoin, should try to figure out ways to invest into bitcoin as aggressively as they are able to do without overdoing it.  For sure, guys with strong cashflow management will be in a better position to invest aggressively into bitcoin as compared with folks who either don't have strong cashflow management and/or are otherwise unorganized in their finances.

Another thing is that level of aggressiveness or whimpiness is totally a discretionary matter in which each person is completely free to choose their level of aggressiveness or their level of whimpiness when it comes to how much priority they give to bitcoin investing and how much priority they give to strengthening their cashflow management systems/practices (which includes the level of their back up fund building and/or maintenance)

For a low-income person, there are many obstacles to being aggressive, even if they are willing to invest aggressively, their financial situation stands in the way of being aggressive. We should find one source of income along with another source of income. Once we are able to find a source of income, we can easily invest aggressively without going overboard.

However, we must be able to manage our finances properly. There are many who have a source of income or a lot of income but are unable to manage their finances properly, so they cannot invest aggressively or in many cases, they become unable to maintain continuity. Proper financial management is very necessary to maintain the continuity of our investments and enjoy the benefits of the decline.