Balancing Financial security and Bitcoin Accumulation

[BitBakerr1]

Not everyone's income is the same. There are many people who work as daily wage earners. For example, after working all day, they are given a certain amount of money as salary, they can continue to buy continuously by adopting the DCA method every day. This will not be bad at all. Because all the people who work as daily wage earners cannot accumulate or save much money. Because they have daily income and they spend almost the entire amount of money from it, so if they want to buy daily by adopting the DCA method, then it is not a bad idea at all.

I don't like the idea of purchasing bitcoin daily, especially when the person is not rich. Only a rich investor can buy bitcoin daily based on his cash inflow is large daily. Like the person that you mentioned in your post above should not buy bitcoin daily because his discretionary income will be very little since you said when he gets paid, he spends almost the entire money to take care of his daily needs.

It's better that such a person should pile up his little discretionary income for one week and buy bitcoin weekly. This will save him from the stress of buying everyday. If it's someone that lacks discipline on keep money for long, he can give the money to someone he trusts to keep it for him till the week comes to an end.

To invest in any business or any other platform, you must have a good amount of money. And managing that amount of money is easy for the rich but difficult for the middle class and very difficult for the lower class. And it is a time-consuming matter. Many may be scared by the price of Bitcoin, but in the case of investing in Bitcoin, if you only have the desire to invest, it is possible to go a long way.

A daily wage earner can arrange another income in any way. He can live his daily life with his previous income and keep the next income as savings. And it does not take much time. A daily wage earner can buy Bitcoin once a week instead of buying Bitcoin every day. He will not feel any pressure in it.

That is, Bitcoin does not guarantee investment only for the upper class, Bitcoin guarantees investment for people of any class or profession.

Exactly, Bitcoin isn’t reserved for the rich it is a tool for anyone willing to be disciplined. You don’t need to buy a whole coin.... even small, consistent amounts over time can build real wealth. A daily wage earner doesn’t have to break the bank. Saving a little weekly and stacking sats regularly is a strategy that works, especially if done with patience and long term vision. Bitcoin respects consistency, not class.......

yixichloro2xx you are right, Bitcoin is not meant for the rich only is meant for everyone however you need to be well disciplined and patient in other to participate or be an investor.
Just like I said is not meant for the rich only but for everyone however you need to have money in other to invest in Bitcoin because they use money to buy Bitcoin and the money you can or should use to buy and then hold is your discretionary income so meaning you may be working and receiving salary but if your salary don't leave you with a discretionary income after your expenses then you can't invest in Bitcoin.
The reason why you can't invest in Bitcoin if you don't have a discretionary income is because the money you need to use to invest in Bitcoin is money you won't be needing for a very long time let say 5 to 10 years, and since discretionary income is the money left over after you’ve paid for your taxes and basic living expenses like food, housing, and transportation. It’s what you can spend on non-essential items, save or use for investment. That is why discretionary income is good and the best to be used to accumulate Bitcoin.

[yixichloro2xx]

Not everyone's income is the same. There are many people who work as daily wage earners. For example, after working all day, they are given a certain amount of money as salary, they can continue to buy continuously by adopting the DCA method every day. This will not be bad at all. Because all the people who work as daily wage earners cannot accumulate or save much money. Because they have daily income and they spend almost the entire amount of money from it, so if they want to buy daily by adopting the DCA method, then it is not a bad idea at all.

I don't like the idea of purchasing bitcoin daily, especially when the person is not rich. Only a rich investor can buy bitcoin daily based on his cash inflow is large daily. Like the person that you mentioned in your post above should not buy bitcoin daily because his discretionary income will be very little since you said when he gets paid, he spends almost the entire money to take care of his daily needs.

It's better that such a person should pile up his little discretionary income for one week and buy bitcoin weekly. This will save him from the stress of buying everyday. If it's someone that lacks discipline on keep money for long, he can give the money to someone he trusts to keep it for him till the week comes to an end.

To invest in any business or any other platform, you must have a good amount of money. And managing that amount of money is easy for the rich but difficult for the middle class and very difficult for the lower class. And it is a time-consuming matter. Many may be scared by the price of Bitcoin, but in the case of investing in Bitcoin, if you only have the desire to invest, it is possible to go a long way.

A daily wage earner can arrange another income in any way. He can live his daily life with his previous income and keep the next income as savings. And it does not take much time. A daily wage earner can buy Bitcoin once a week instead of buying Bitcoin every day. He will not feel any pressure in it.

That is, Bitcoin does not guarantee investment only for the upper class, Bitcoin guarantees investment for people of any class or profession.

Exactly, Bitcoin isn’t reserved for the rich it is a tool for anyone willing to be disciplined. You don’t need to buy a whole coin.... even small, consistent amounts over time can build real wealth. A daily wage earner doesn’t have to break the bank. Saving a little weekly and stacking sats regularly is a strategy that works, especially if done with patience and long term vision. Bitcoin respects consistency, not class.......

yixichloro2xx you are right, Bitcoin is not meant for the rich only is meant for everyone however you need to be well disciplined and patient in other to participate or be an investor.
Just like I said is not meant for the rich only but for everyone however you need to have money in other to invest in Bitcoin because they use money to buy Bitcoin and the money you can or should use to buy and then hold is your discretionary income so meaning you may be working and receiving salary but if your salary don't leave you with a discretionary income after your expenses then you can't invest in Bitcoin.
The reason why you can't invest in Bitcoin if you don't have a discretionary income is because the money you need to use to invest in Bitcoin is money you won't be needing for a very long time let say 5 to 10 years, and since discretionary income is the money left over after you’ve paid for your taxes and basic living expenses like food, housing, and transportation. It’s what you can spend on non-essential items, save or use for investment. That is why discretionary income is good and the best to be used to accumulate Bitcoin.

You are absolutely right, and I appreciate the clarity you brought in.

Bitcoin is truly a financial revolution that welcomes everyone ,not just the wealthy. But participating wisely requires two things, discipline and patience. As you rightly pointed out, the ideal funds for Bitcoin investment come from discretionary income,money that remains after covering all essential living expenses like rent, food, and transport.

Too often, people think earning a salary automatically qualifies them to invest. But without surplus income, you're not truly in a position to hold Bitcoin long term without feeling the pressure to sell. Bitcoin rewards those who are able to stay consistent and unshaken for 5–10 years or more, and that’s only possible if you are not risking your essential needs.

Accumulating Bitcoin through your discretionary income is not only safer but also allows you to build wealth steadily without stress. It's not about how much you invest, but how sustainably you can do it over time.

[cxtreenal]

Not everyone's income is the same. There are many people who work as daily wage earners. For example, after working all day, they are given a certain amount of money as salary, they can continue to buy continuously by adopting the DCA method every day. This will not be bad at all. Because all the people who work as daily wage earners cannot accumulate or save much money. Because they have daily income and they spend almost the entire amount of money from it, so if they want to buy daily by adopting the DCA method, then it is not a bad idea at all.

I don't like the idea of purchasing bitcoin daily, especially when the person is not rich. Only a rich investor can buy bitcoin daily based on his cash inflow is large daily. Like the person that you mentioned in your post above should not buy bitcoin daily because his discretionary income will be very little since you said when he gets paid, he spends almost the entire money to take care of his daily needs.

It's better that such a person should pile up his little discretionary income for one week and buy bitcoin weekly. This will save him from the stress of buying everyday. If it's someone that lacks discipline on keep money for long, he can give the money to someone he trusts to keep it for him till the week comes to an end.

To invest in any business or any other platform, you must have a good amount of money. And managing that amount of money is easy for the rich but difficult for the middle class and very difficult for the lower class. And it is a time-consuming matter. Many may be scared by the price of Bitcoin, but in the case of investing in Bitcoin, if you only have the desire to invest, it is possible to go a long way.

A daily wage earner can arrange another income in any way. He can live his daily life with his previous income and keep the next income as savings. And it does not take much time. A daily wage earner can buy Bitcoin once a week instead of buying Bitcoin every day. He will not feel any pressure in it.

That is, Bitcoin does not guarantee investment only for the upper class, Bitcoin guarantees investment for people of any class or profession.

Exactly, Bitcoin isn’t reserved for the rich it is a tool for anyone willing to be disciplined. You don’t need to buy a whole coin.... even small, consistent amounts over time can build real wealth. A daily wage earner doesn’t have to break the bank. Saving a little weekly and stacking sats regularly is a strategy that works, especially if done with patience and long term vision. Bitcoin respects consistency, not class.......

You can say that again buddy, Bitcoin respect consistency not class. Most Bitcoin Investors don't know that consistency in accumulating Bitcoin is what's define how successful you might be in the future or not, they take it as a joke, not knowing that those small satoshies that is being bought weekly or monthly on a steady basis is what makes your stash of Bitcoin huge to the extent of making you wealthy in the future. While some newbies thinks that they will automatically become wealthy by just investing as low as a $100.
But looking at Bitcoin from a longer perspective, constant accumulation for a  longer duration of 10 years or more is what's going to determine how successful you will be or not.

Those new investors before investing did not know that they have to accumulate Bitcoin from their discretionary income. They do not have any idea about fund management and they gradually start looking for great methods to Bitcoin within their means. Before joining this forum I did not have a better idea about accumulation Bitcoin in DCA method but with time and through discussions, learning about this method has made me more motivated about saving Bitcoin and I am doing Bitcoin regularly. Bitcoin can make us rich, this is the right idea but we have to be honest in our regular purchases through discretionary income for long. Buying at least one digit more Satoshi by reducing your personal expenses can take you to an impressive level.

[yixichloro2xx]

Those new investors before investing did not know that they have to accumulate Bitcoin from their discretionary income. They do not have any idea about fund management and they gradually start looking for great methods to Bitcoin within their means. Before joining this forum I did not have a better idea about accumulation Bitcoin in DCA method but with time and through discussions, learning about this method has made me more motivated about saving Bitcoin and I am doing Bitcoin regularly. Bitcoin can make us rich, this is the right idea but we have to be honest in our regular purchases through discretionary income for long. Buying at least one digit more Satoshi by reducing your personal expenses can take you to an impressive level.

I really appreciate the honesty in your reflection. A lot of people jump into Bitcoin with high hopes but without the proper mindset or financial discipline to sustain the journey. Learning to accumulate through discretionary income and sticking to a consistent DCA strategy is truly a game changer  and not just financially, but mentally as well.....

I also had a similar experience before discovering this forum. Discussions like this helped me shift from random buying to a structured, long term accumulation mindset. It’s empowering to realize that even small, consistent buys,  especially when they come from cutting unnecessary expenses can translate into serious value over time. It’s not about how much you buy, but how often and how intentional you are......

[ruykeri]

Not everyone's income is the same. There are many people who work as daily wage earners. For example, after working all day, they are given a certain amount of money as salary, they can continue to buy continuously by adopting the DCA method every day. This will not be bad at all. Because all the people who work as daily wage earners cannot accumulate or save much money. Because they have daily income and they spend almost the entire amount of money from it, so if they want to buy daily by adopting the DCA method, then it is not a bad idea at all.

I don't like the idea of purchasing bitcoin daily, especially when the person is not rich. Only a rich investor can buy bitcoin daily based on his cash inflow is large daily. Like the person that you mentioned in your post above should not buy bitcoin daily because his discretionary income will be very little since you said when he gets paid, he spends almost the entire money to take care of his daily needs.

It's better that such a person should pile up his little discretionary income for one week and buy bitcoin weekly. This will save him from the stress of buying everyday. If it's someone that lacks discipline on keep money for long, he can give the money to someone he trusts to keep it for him till the week comes to an end.

To invest in any business or any other platform, you must have a good amount of money. And managing that amount of money is easy for the rich but difficult for the middle class and very difficult for the lower class. And it is a time-consuming matter. Many may be scared by the price of Bitcoin, but in the case of investing in Bitcoin, if you only have the desire to invest, it is possible to go a long way.

A daily wage earner can arrange another income in any way. He can live his daily life with his previous income and keep the next income as savings. And it does not take much time. A daily wage earner can buy Bitcoin once a week instead of buying Bitcoin every day. He will not feel any pressure in it.

That is, Bitcoin does not guarantee investment only for the upper class, Bitcoin guarantees investment for people of any class or profession.

Exactly, Bitcoin isn’t reserved for the rich it is a tool for anyone willing to be disciplined. You don’t need to buy a whole coin.... even small, consistent amounts over time can build real wealth. A daily wage earner doesn’t have to break the bank. Saving a little weekly and stacking sats regularly is a strategy that works, especially if done with patience and long term vision. Bitcoin respects consistency, not class.......

You can say that again buddy, Bitcoin respect consistency not class. Most Bitcoin Investors don't know that consistency in accumulating Bitcoin is what's define how successful you might be in the future or not, they take it as a joke, not knowing that those small satoshies that is being bought weekly or monthly on a steady basis is what makes your stash of Bitcoin huge to the extent of making you wealthy in the future. While some newbies thinks that they will automatically become wealthy by just investing as low as a $100.
But looking at Bitcoin from a longer perspective, constant accumulation for a  longer duration of 10 years or more is what's going to determine how successful you will be or not.

Those new investors before investing did not know that they have to accumulate Bitcoin from their discretionary income. They do not have any idea about fund management and they gradually start looking for great methods to Bitcoin within their means. Before joining this forum I did not have a better idea about accumulation Bitcoin in DCA method but with time and through discussions, learning about this method has made me more motivated about saving Bitcoin and I am doing Bitcoin regularly. Bitcoin can make us rich, this is the right idea but we have to be honest in our regular purchases through discretionary income for long. Buying at least one digit more Satoshi by reducing your personal expenses can take you to an impressive level.

You are right, Fund management is very important in any type of investment, not just Bitcoin. You should go for any investment only after gaining complete knowledge about this subject. Investing in Bitcoin is a long-term process. If someone really wants to profit from Bitcoin, then they must prepare for long-term investing like at least 4 to 10 years. Having knowledge about financial management greatly reduces the chances of making mistakes after taking risks in such a long investment process. One thing to keep in mind, whet ever you invest $200 a week or $20 you must continue to invest regularly following the DCA method. And to maintain this accumulation of investments, you basically need to have a very good understanding of finance management so that you can determine the amount of discretionary income in line with your income as well as expenses. Many people do not have a fixed income every month or every week. In that case, they will calculate their own situation and determine a reserve fund and emergency fund. If the regularity of investing can be maintained for 4 to 10 years through funding management in this way, then it is certainly possible to get many times more profit than any other investment.

[ASloveapg]

Not everyone's income is the same. There are many people who work as daily wage earners. For example, after working all day, they are given a certain amount of money as salary, they can continue to buy continuously by adopting the DCA method every day. This will not be bad at all. Because all the people who work as daily wage earners cannot accumulate or save much money. Because they have daily income and they spend almost the entire amount of money from it, so if they want to buy daily by adopting the DCA method, then it is not a bad idea at all.

I don't like the idea of purchasing bitcoin daily, especially when the person is not rich. Only a rich investor can buy bitcoin daily based on his cash inflow is large daily. Like the person that you mentioned in your post above should not buy bitcoin daily because his discretionary income will be very little since you said when he gets paid, he spends almost the entire money to take care of his daily needs.

It's better that such a person should pile up his little discretionary income for one week and buy bitcoin weekly. This will save him from the stress of buying everyday. If it's someone that lacks discipline on keep money for long, he can give the money to someone he trusts to keep it for him till the week comes to an end.

To invest in any business or any other platform, you must have a good amount of money. And managing that amount of money is easy for the rich but difficult for the middle class and very difficult for the lower class. And it is a time-consuming matter. Many may be scared by the price of Bitcoin, but in the case of investing in Bitcoin, if you only have the desire to invest, it is possible to go a long way.

A daily wage earner can arrange another income in any way. He can live his daily life with his previous income and keep the next income as savings. And it does not take much time. A daily wage earner can buy Bitcoin once a week instead of buying Bitcoin every day. He will not feel any pressure in it.

That is, Bitcoin does not guarantee investment only for the upper class, Bitcoin guarantees investment for people of any class or profession.

Exactly, Bitcoin isn’t reserved for the rich it is a tool for anyone willing to be disciplined. You don’t need to buy a whole coin.... even small, consistent amounts over time can build real wealth. A daily wage earner doesn’t have to break the bank. Saving a little weekly and stacking sats regularly is a strategy that works, especially if done with patience and long term vision. Bitcoin respects consistency, not class.......

You can say that again buddy, Bitcoin respect consistency not class. Most Bitcoin Investors don't know that consistency in accumulating Bitcoin is what's define how successful you might be in the future or not, they take it as a joke, not knowing that those small satoshies that is being bought weekly or monthly on a steady basis is what makes your stash of Bitcoin huge to the extent of making you wealthy in the future. While some newbies thinks that they will automatically become wealthy by just investing as low as a $100.
But looking at Bitcoin from a longer perspective, constant accumulation for a  longer duration of 10 years or more is what's going to determine how successful you will be or not.

Those new investors before investing did not know that they have to accumulate Bitcoin from their discretionary income. They do not have any idea about fund management and they gradually start looking for great methods to Bitcoin within their means. Before joining this forum I did not have a better idea about accumulation Bitcoin in DCA method but with time and through discussions, learning about this method has made me more motivated about saving Bitcoin and I am doing Bitcoin regularly. Bitcoin can make us rich, this is the right idea but we have to be honest in our regular purchases through discretionary income for long. Buying at least one digit more Satoshi by reducing your personal expenses can take you to an impressive level.

Suppose, your income may be low, and your Bitcoin purchase amount may be low, it is a problem? no, it is not a problem, if you can save even small amounts regularly, it can give huge results in the long run. To be successful here, you need to have a real will to hold on for the long term, if someone really wants to be a Bitcoin investor, then he must think for the long term, and he should gain proper knowledge about the possibilities and risks of Bitcoin, so that he can avoid making wrong decisions in times of instability due to panic. Now the point is to always have a tendency to invest, if you have enough money to invest now, it means you have to invest now, the price is not an issue, if you can reduce your unnecessary expenses and increase the amount of Bitcoin purchase with that money, then it will definitely bring you better results in the future. An investor should think about increasing their holdings as much as possible, keep growing your portfolio as much as you can, and definitely hold it for the long term, don't worry about the market price, because short-term volatility is the nature of Bitcoin, so there is no need to worry about it.

[yixichloro2xx]

Not everyone's income is the same. There are many people who work as daily wage earners. For example, after working all day, they are given a certain amount of money as salary, they can continue to buy continuously by adopting the DCA method every day. This will not be bad at all. Because all the people who work as daily wage earners cannot accumulate or save much money. Because they have daily income and they spend almost the entire amount of money from it, so if they want to buy daily by adopting the DCA method, then it is not a bad idea at all.

I don't like the idea of purchasing bitcoin daily, especially when the person is not rich. Only a rich investor can buy bitcoin daily based on his cash inflow is large daily. Like the person that you mentioned in your post above should not buy bitcoin daily because his discretionary income will be very little since you said when he gets paid, he spends almost the entire money to take care of his daily needs.

It's better that such a person should pile up his little discretionary income for one week and buy bitcoin weekly. This will save him from the stress of buying everyday. If it's someone that lacks discipline on keep money for long, he can give the money to someone he trusts to keep it for him till the week comes to an end.

To invest in any business or any other platform, you must have a good amount of money. And managing that amount of money is easy for the rich but difficult for the middle class and very difficult for the lower class. And it is a time-consuming matter. Many may be scared by the price of Bitcoin, but in the case of investing in Bitcoin, if you only have the desire to invest, it is possible to go a long way.

A daily wage earner can arrange another income in any way. He can live his daily life with his previous income and keep the next income as savings. And it does not take much time. A daily wage earner can buy Bitcoin once a week instead of buying Bitcoin every day. He will not feel any pressure in it.

That is, Bitcoin does not guarantee investment only for the upper class, Bitcoin guarantees investment for people of any class or profession.

Exactly, Bitcoin isn’t reserved for the rich it is a tool for anyone willing to be disciplined. You don’t need to buy a whole coin.... even small, consistent amounts over time can build real wealth. A daily wage earner doesn’t have to break the bank. Saving a little weekly and stacking sats regularly is a strategy that works, especially if done with patience and long term vision. Bitcoin respects consistency, not class.......

You can say that again buddy, Bitcoin respect consistency not class. Most Bitcoin Investors don't know that consistency in accumulating Bitcoin is what's define how successful you might be in the future or not, they take it as a joke, not knowing that those small satoshies that is being bought weekly or monthly on a steady basis is what makes your stash of Bitcoin huge to the extent of making you wealthy in the future. While some newbies thinks that they will automatically become wealthy by just investing as low as a $100.
But looking at Bitcoin from a longer perspective, constant accumulation for a  longer duration of 10 years or more is what's going to determine how successful you will be or not.

Those new investors before investing did not know that they have to accumulate Bitcoin from their discretionary income. They do not have any idea about fund management and they gradually start looking for great methods to Bitcoin within their means. Before joining this forum I did not have a better idea about accumulation Bitcoin in DCA method but with time and through discussions, learning about this method has made me more motivated about saving Bitcoin and I am doing Bitcoin regularly. Bitcoin can make us rich, this is the right idea but we have to be honest in our regular purchases through discretionary income for long. Buying at least one digit more Satoshi by reducing your personal expenses can take you to an impressive level.

You are right, Fund management is very important in any type of investment, not just Bitcoin. You should go for any investment only after gaining complete knowledge about this subject. Investing in Bitcoin is a long-term process. If someone really wants to profit from Bitcoin, then they must prepare for long-term investing like at least 4 to 10 years. Having knowledge about financial management greatly reduces the chances of making mistakes after taking risks in such a long investment process. One thing to keep in mind, whet ever you invest $200 a week or $20 you must continue to invest regularly following the DCA method. And to maintain this accumulation of investments, you basically need to have a very good understanding of finance management so that you can determine the amount of discretionary income in line with your income as well as expenses. Many people do not have a fixed income every month or every week. In that case, they will calculate their own situation and determine a reserve fund and emergency fund. If the regularity of investing can be maintained for 4 to 10 years through funding management in this way, then it is certainly possible to get many times more profit than any other investment.

Absolutely agree with you. Financial discipline and knowledge of fund management are what separate emotional speculators from long term investors. Many rush into Bitcoin with excitement, but without a solid plan or understanding of how to manage their income and expenses, they burn out or exit at the worst possible time.

The emphasis you placed on maintaining DCA regardless of income level is so important. Whether it’s $20 or $200, the consistency over time paired with a long term horizon is what really compounds. And you made a brilliant point about those with irregular incomes. For them, having an emergency buffer and then committing to a realistic, flexible DCA schedule is a practical way to stay in the game long enough to see real returns.

This type of thinking combining Bitcoin knowledge with personal finance literacy  is what truly empowers people to build wealth over time, well said mate......

‎

Suppose, your income may be low, and your Bitcoin purchase amount may be low, it is a problem? no, it is not a problem, if you can save even small amounts regularly, it can give huge results in the long run. To be successful here, you need to have a real will to hold on for the long term, if someone really wants to be a Bitcoin investor, then he must think for the long term, and he should gain proper knowledge about the possibilities and risks of Bitcoin, so that he can avoid making wrong decisions in times of instability due to panic. Now the point is to always have a tendency to invest, if you have enough money to invest now, it means you have to invest now, the price is not an issue, if you can reduce your unnecessary expenses and increase the amount of Bitcoin purchase with that money, then it will definitely bring you better results in the future. An investor should think about increasing their holdings as much as possible, keep growing your portfolio as much as you can, and definitely hold it for the long term, don't worry about the market price, because short-term volatility is the nature of Bitcoin, so there is no need to worry about it.

Well said, You've touched on something that many overlook  it’s not about how much you start with, but how consistent and intentional you are.... People often underestimate the power of small, regular contributions over a long period. The truth is, even a modest income can build significant wealth in Bitcoin if paired with discipline, long term vision, and emotional control during volatility.

The idea of cutting down on non essential expenses to increase your Bitcoin exposure is such an underrated strategy. It may seem insignificant at first, but over the years, it compounds in a way that surprises most people.

And you nailed it with the mindset shift, once someone stops obsessing over price and starts focusing on accumulation, they are already ahead of the curve. Patience really is the ultimate edge in this space.....

[JayJuanGee]

[edited out]

The evolving nature of Bitcoin means that people are continually learning about the impact of Bitcoin crosses so many disciplines. We're still learning various aspects of Bitcoin and I totally agree that lots of the world is in the early stages of understanding it, because Bitcoin is still relatively a new technology and so is the adoption. The dynamics and nature of Bitcoin are evolving overtime, and this means that strategies and approaches to investing in Bitcoin needs to also adapt overtime.

Even if aspects of bitcoin evolve over time, that does not necessarily mean that we need to change our approach to bitcoin, even if we are studying bitcoin and trying to consider the extent to which bitcoin's investment thesis might change with the passage of time.

If we are in our BTC accumulation phase, we might decide if we want to invest more aggressively or more whimpily, yet that has to do more with our own finances and psychology rather than bitcoin, since bitcoin as compared with other investments is only one of the factors to consider.

Changes in bitcoin might affect how we hold  it or protect it or transact with it, but it might not affect if we are in accumulation phase, maintenance phase or perhaps in sustainable withdrawal phase.   

Over the past 11.5 years that I have been in bitcoin, I have made most of my changes based on my own circumstances, and sure aspects of bitcoin might have affected me on the margins (and in small sort of ways), but nothing really major since bitcoin's investment thesis has just gotten stronger through the years, even if some aspects of bitcoin has changed along the way too.

[edited out]

And one more thing, folks needs to prirotize revisiting their own structured system yearly or every two years, and the reason is because their life might changed over those years, things have changed so flexibility is important then.

In the beginning, a person may be learning a lot, so he may need to revisit and adjust his strategy several times in the first several months, and even if he gets some kind of a system in place, he may well be spending a lot of time learning about his system and other aspects of bitcoin for the first year or two,.. and maybe even up to the whole first cycle may well be spent on trying to learn more and more about bitcoin, even if his system of accumulating his bitcoin or strengthening his cashflow management might not get adjusted as much after the first year, but there still will likely be frequently times that he may need to look at what he is doing and see the extent to which he needs to adjust it. 

Guys who are trying to be as aggressive as they can in their bitcoin investment without overdoing it, they have to spend more time making sure that they are not going over their limits, and guys might be feeling that they need to be aggressive in their first whole cycle or maybe their first whole cycle and a half or more.

If a guy is more whimpy and less aggressive, then he might not need to pay as much attention.. .So personalities are going to differ in terms of how aggressive a guy might choose to be in regards to his bitcoin investment.

[Barikui1]

You know what you must know is that people don't usually know when to invest, how to invest and when not to invest. Usually, investment is when you are financially stable to make it reality but most people nowadays jump into investments without at least having source of income or something that would give them income when they are in need or lacking moment.
It's true that everyone out there loves investments but getting to know the rules of investment is what most people are lacking, that is why many people faces hard time with their investments or ends up pulling off their investments when their time isn't yet to come.

attleast an investor should got some source where he can consistently lay hands on to service his  investment no matter how small it is,

Something like this is  greatly needed for any investment to flourish, that's why in Bitcoin investment, reserve or back up fund's are part of the plan, because it helps you to react in some certain market conditions, like buying aggressively during a dip or used to sort out some bills that would have warrant you to temper with your emergency funds, but with the availability of reserve funds you don't need to do that, you will only temper with your emergency funds when faced with real life emergencies.

starting is good no doubt but sustenance is very much excellent because that the very smart way to go about the investment,

Yes, you are absolutely right, sustainability is the primary purpose of emergency and reserve funds, because if both of them are not their, it will only be a matter of time before you temper with your Bitcoin investment.

[ejikeme24]

Guys who are trying to be as aggressive as they can in their bitcoin investment without overdoing it, they have to spend more time making sure that they are not going over their limits, and guys might be feeling that they need to be aggressive in their first whole cycle or maybe their first whole cycle and a half or more.

buying aggressively need to be done when you already know your stand as a beginner, because buying aggressively when you have not yet acquire some fraction does not make much sense to me as a beginner is advised to maintain the ongoing buying of bitcoin using the DCA method with time then you will start getting used to some certain things and also know the level in which you are going to extend your aggressiveness to avoid crossing boundaries. Because buying aggressively when you don't even know the level in which you're going to extend your aggressiveness would make one to cross his boundaries and doing this can cause confusion in our accumulating journey.

[Gost ms]

Guys who are trying to be as aggressive as they can in their bitcoin investment without overdoing it, they have to spend more time making sure that they are not going over their limits, and guys might be feeling that they need to be aggressive in their first whole cycle or maybe their first whole cycle and a half or more.

A new person should start by adopting DCA method and keep buying continuously. Because many people are afraid in the beginning. Because they have never faced a market decline, they do not have experience in how to keep themselves calm during a decline. So it can be a very bad idea for a new person to be too aggressive in the beginning.

Let me give you a real example. There was a person in our area who was doing business and after a while he bought a lot of goods with a lot of money and kept it for sale later. But when he bought all the money, the market started falling and the price decreased a lot. At that time, that person had a lot of money stuck in his pocket and he was very financially damaged. If that person had bought based on his financial situation, he would not have faced anything like this. So it is not right to be so aggressive that you later regret your action or put pressure on your financial situation.

[Tungbulu]

[edited out]

The evolving nature of Bitcoin means that people are continually learning about the impact of Bitcoin crosses so many disciplines. We're still learning various aspects of Bitcoin and I totally agree that lots of the world is in the early stages of understanding it, because Bitcoin is still relatively a new technology and so is the adoption. The dynamics and nature of Bitcoin are evolving overtime, and this means that strategies and approaches to investing in Bitcoin needs to also adapt overtime.

Even if aspects of bitcoin evolve over time, that does not necessarily mean that we need to change our approach to bitcoin, even if we are studying bitcoin and trying to consider the extent to which bitcoin's investment thesis might change with the passage of time.

If we are in our BTC accumulation phase, we might decide if we want to invest more aggressively or more whimpily, yet that has to do more with our own finances and psychology rather than bitcoin, since bitcoin as compared with other investments is only one of the factors to consider.

Changes in bitcoin might affect how we hold  it or protect it or transact with it, but it might not affect if we are in accumulation phase, maintenance phase or perhaps in sustainable withdrawal phase.   

Over the past 11.5 years that I have been in bitcoin, I have made most of my changes based on my own circumstances, and sure aspects of bitcoin might have affected me on the margins (and in small sort of ways), but nothing really major since bitcoin's investment thesis has just gotten stronger through the years, even if some aspects of bitcoin has changed along the way too.

I agree with you that when an investor is merely in the Bitcoin accumulation phase, decisions about their aggressiveness or how conservatively they choose to be with their accumulation depends more on their own personal/unique financial situation and psychology than with the Bitcoin itself and I think that was actually when I wanted to say earlier. In an investor's investment landscape, there are literally several factors to put into adequate consideration and Bitcoin is only but one of those factors.
And yeah, there are certain factors that Changes in Bitcoin might be able to have direct impact or effect on, like the security aspect, transactions or even storage, but just like you rightly stated, it might have little to no effect on the investor's current phase, whether it's the accumulation phase, or the maintenance phase, or even the sustainable withdrawal phase. In your 11.5 years in Bitcoin, all the adjustments you've made must've indeed been based on your own circumstances. Yeah, aspects of Bitcoin may have had marginal effects, but over the years, the overall investment thesis of Bitcoin has indeed gotten even more stronger and that, is quite a solid take.

[icebar]

Suppose, your income may be low, and your Bitcoin purchase amount may be low, it is a problem? no, it is not a problem, if you can save even small amounts regularly, it can give huge results in the long run. To be successful here, you need to have a real will to hold on for the long term, if someone really wants to be a Bitcoin investor, then he must think for the long term, and he should gain proper knowledge about the possibilities and risks of Bitcoin, so that he can avoid making wrong decisions in times of instability due to panic. Now the point is to always have a tendency to invest, if you have enough money to invest now, it means you have to invest now, the price is not an issue, if you can reduce your unnecessary expenses and increase the amount of Bitcoin purchase with that money, then it will definitely bring you better results in the future. An investor should think about increasing their holdings as much as possible, keep growing your portfolio as much as you can, and definitely hold it for the long term, don't worry about the market price, because short-term volatility is the nature of Bitcoin, so there is no need to worry about it.

In case of investing in Bitcoin, the more you can do, the more your portfolio will grow in the long run. Sometimes there are some investors who invest a small amount and expect a large amount, which is wrong. If someone holds 1 Bitcoin for a long term, their returns will not be the same as those who hold 0.25 in the long term. For this reason, if the investment is increased, the returns will also increase. Therefore, it is advisable to invest as much as possible according to your ability. In terms of bitcoin investment, you must invest a part of your discretionary income. There is no alternative to using discretionary income to invest in Bitcoin without restrictions in the long term. The more your portfolio grows, the more you will be able to build a large asset. Bitcoin is a very volatile currency, so it will sometimes be bullish or bearish, but if you can accumulate Bitcoin without panicking about the price, then you will definitely benefit the most.

[Derekfunds]

Suppose, your income may be low, and your Bitcoin purchase amount may be low, it is a problem? no, it is not a problem, if you can save even small amounts regularly, it can give huge results in the long run. To be successful here, you need to have a real will to hold on for the long term, if someone really wants to be a Bitcoin investor, then he must think for the long term, and he should gain proper knowledge about the possibilities and risks of Bitcoin, so that he can avoid making wrong decisions in times of instability due to panic. Now the point is to always have a tendency to invest, if you have enough money to invest now, it means you have to invest now, the price is not an issue, if you can reduce your unnecessary expenses and increase the amount of Bitcoin purchase with that money, then it will definitely bring you better results in the future. An investor should think about increasing their holdings as much as possible, keep growing your portfolio as much as you can, and definitely hold it for the long term, don't worry about the market price, because short-term volatility is the nature of Bitcoin, so there is no need to worry about it.

In case of investing in Bitcoin, the more you can do, the more your portfolio will grow in the long run. Sometimes there are some investors who invest a small amount and expect a large amount, which is wrong. If someone holds 1 Bitcoin for a long term, their returns will not be the same as those who hold 0.25 in the long term. For this reason, if the investment is increased, the returns will also increase. Therefore, it is advisable to invest as much as possible according to your ability. In terms of bitcoin investment, you must invest a part of your discretionary income. There is no alternative to using discretionary income to invest in Bitcoin without restrictions in the long term. The more your portfolio grows, the more you will be able to build a large asset. Bitcoin is a very volatile currency, so it will sometimes be bullish or bearish, but if you can accumulate Bitcoin without panicking about the price, then you will definitely benefit the most.

Anyone who invest small amount in Bitcoin and expect a big return is typically a trader because what they do is buy when the price is down and hoping for a big return if the price go up in a short while. An investor won't do that because they believe in consistent investment and holdings because they knew that success can be achieved in long term and yes the truth is that you can not reap more than you didn't sew, you can not invest a little amount and be expecting big return in years time no, your investment has to be burning.

[Joy- maker]

Well it is practically impossible for an investor to be investing daily unless the investor earns daily and even if he does, I don't think it will be convenient with the Investor and I think this can only work ideally. Additionally, investing daily, weekly or monthly with discretionary is not an aggressive investment perhaps you should use the word intermittent investment because aggressive investment is when an investor used a good amount of money that is beyond their normal weekly or monthly investment money (DCA money) to invest in Bitcoin and this is the reason why I said it can not be possible to do that because aggressive investment amount is always bigger than DCA amount.

If a person invests 80% or the entire amount of discretionary income, then we can call them aggressive investors. If they invest through the DCA method, we can still call them aggressive investors. Because they are investing the entire amount of their discretionary income, which cannot be called a normal investment at all. Buying only through DIP or buying outside the DCA method is not something that will make them aggressive investors.

investing 80% or your entire discretionary income in bitcoin may look to you as aggressive investing, but to me its not, because I see it as a wrong investing and not being aggressive. Remember from your discretionary income you will build your emergency fund and backup fund so if you are investing 80% or your entire discretionary income in bitcoin then how much do you intend to allocate to your emergency fund and backup fund? Emergency fund and backup fund are very essential for you to have as an investor, so that when emergencies arises there will be funds to handle those emergencies instead of dipping hand into your bitcoin investment. So in this case I will advise you invest 50% of your discretionary income in bitcoin and then allocate 30% to your emergency fund and then allocate 20% to your back up fund so that the equation will be balance. Because Even if you are investing 50% of your discretionary income you are also investing aggressively, so why do you want to endanger your bitcoin investment by investing 80% or your entire discretionary income without looking out for your emergency fund and backup fund that are very essential for an investor to build to enable the investor run a smooth bitcoin investment.

The thing is that your emergency funds and reserve funds does not come from your discretionary income. Discretionary income the.amount of money remaining after taken care of your essential expenses, is like leftover after you have done splitting your earning with different percentages to handle some expenses and same time , your emergency funds and reserve funds .

So if you can choose to use your discretionary income as you please because is money you can just spend that's not meant for any fixed expenses just there it can be seen as a back up funds if you don't have any investment, but for someone that's investing in Bitcoin your discretionary income can serve for such purposes ( investing in Bitcoin).without any need of going over board even to the extent of using your emergency or reserve funds .

no I disagree with you here, because our emergency fund and backup fund comes from our discretionary income, that why it is called a leftover money after you must have settle your basic needs and expenses either for the week or for month depending on the nature of your work and our cashflow. Buddy From your discretionary income you will map out money that you will use in buying bitcoin, from same your discretionary income you will build your emergency fund and backup fund.

Normally any investor can chose or decide to use his or her discretionary income the way it pleases the investor no doubt, but this is not all about using your discretionary income the way it pleases you it's about using it the right way. Because if you invest all your discretionary income in bitcoin and fail to allocate some portion of it to your emergency fund and backup and emergencies arise along the line, so tell me which fund are you going to use in handling those emergencies if not selling your bitcoin investment at early stage of accumulation in lost.

[9ja Amaka]

[edited out]

And one more thing, folks needs to prirotize revisiting their own structured system yearly or every two years, and the reason is because their life might changed over those years, things have changed so flexibility is important then.

In the beginning, a person may be learning a lot, so he may need to revisit and adjust his strategy several times in the first several months, and even if he gets some kind of a system in place, he may well be spending a lot of time learning about his system and other aspects of bitcoin for the first year or two,.. and maybe even up to the whole first cycle may well be spent on trying to learn more and more about bitcoin, even if his system of accumulating his bitcoin or strengthening his cashflow management might not get adjusted as much after the first year, but there still will likely be frequently times that he may need to look at what he is doing and see the extent to which he needs to adjust it. 

Guys who are trying to be as aggressive as they can in their bitcoin investment without overdoing it, they have to spend more time making sure that they are not going over their limits, and guys might be feeling that they need to be aggressive in their first whole cycle or maybe their first whole cycle and a half or more.

If a guy is more whimpy and less aggressive, then he might not need to pay as much attention.. .So personalities are going to differ in terms of how aggressive a guy might choose to be in regards to his bitcoin investment.

Just the exact response I was waiting for. You are right, the first cycle is usually more of a learning and calibration phase, instead of chasing quick results. A lot of folks its all about copying and pasting strategies they watch on YouTube videos or learning a few things from Reddit stories but in reality the market takes them off guard and humble them quickly. Perhaps they dont know that the cons of buying aggressively, without proper balancing or distribution of money. This will affect their emotion if life hits differently unexpectedly.

Like I said earlier, about revisiting and refining their current strategy over some period to allow flexibility and it makes more sense that you agree on it and share your own opinion too. For me, it proves that the investor is actually giving more attention to their investment. The market is never static, and neither is life conditions, they may choose to get married - having a wife and children, inflation may increase, and so many other factors. So even a working system that was set from the beginning should a space for upgrade or adjustment.

And as you said, risk tolerance varies. Some people go into their investment with a full start while some take it as a gradual process but neither of them can guarantee a successful investment. The pace isn't the matter but the plan for the basics, management, risk tolerance and emotional control is what will determine their success in long term.

[Barikui1]

The thing is that your emergency funds and reserve funds does not come from your discretionary income. Discretionary income the.amount of money remaining after taken care of your essential expenses, is like leftover after you have done splitting your earning with different percentages to handle some expenses and same time , your emergency funds and reserve funds .

So if you can choose to use your discretionary income as you please because is money you can just spend that's not meant for any fixed expenses just there it can be seen as a back up funds if you don't have any investment, but for someone that's investing in Bitcoin your discretionary income can serve for such purposes ( investing in Bitcoin).without any need of going over board even to the extent of using your emergency or reserve funds .

no I disagree with you here, because our emergency fund and backup fund comes from our discretionary income, that why it is called a leftover money after you must have settle your basic needs and expenses either for the week or for month depending on the nature of your work and our cashflow. Buddy From your discretionary income you will map out money that you will use in buying bitcoin, from same your discretionary income you will build your emergency fund and backup fund.

Normally any investor can chose or decide to use his or her discretionary income the way it pleases the investor no doubt, but this is not all about using your discretionary income the way it pleases you it's about using it the right way. Because if you invest all your discretionary income in bitcoin and fail to allocate some portion of it to your emergency fund and backup and emergencies arise along the line, so tell me which fund are you going to use in handling those emergencies if not selling your bitcoin investment at early stage of accumulation in lost.

Com'on man, stop making it looks complicating, emergency funds and reserve funds are not to be set aside from your discretionary income because in real sense emergency funds is a must in a man's life, so if you are investing in Bitcoin, you will be removing your emergency and reserve funds from your weekly or monthly income because it's a necessity.
If you remove your emergency and reserve funds from your discretionary income how much do you think will be left to invest with?
Don't you know that if you have a good emergency and reserve funds you might decide to invest all of your discretionary income because you are positive that you have what it takes to cushion the effect investing all of your discretionary income might brings?

[Merit.s]

The thing is that your emergency funds and reserve funds does not come from your discretionary income. Discretionary income the.amount of money remaining after taken care of your essential expenses, is like leftover after you have done splitting your earning with different percentages to handle some expenses and same time , your emergency funds and reserve funds .

So if you can choose to use your discretionary income as you please because is money you can just spend that's not meant for any fixed expenses just there it can be seen as a back up funds if you don't have any investment, but for someone that's investing in Bitcoin your discretionary income can serve for such purposes ( investing in Bitcoin).without any need of going over board even to the extent of using your emergency or reserve funds .

no I disagree with you here, because our emergency fund and backup fund comes from our discretionary income, that why it is called a leftover money after you must have settle your basic needs and expenses either for the week or for month depending on the nature of your work and our cashflow. Buddy From your discretionary income you will map out money that you will use in buying bitcoin, from same your discretionary income you will build your emergency fund and backup fund.

Normally any investor can chose or decide to use his or her discretionary income the way it pleases the investor no doubt, but this is not all about using your discretionary income the way it pleases you it's about using it the right way. Because if you invest all your discretionary income in bitcoin and fail to allocate some portion of it to your emergency fund and backup and emergencies arise along the line, so tell me which fund are you going to use in handling those emergencies if not selling your bitcoin investment at early stage of accumulation in lost.

Com'on man, stop making it looks complicating, emergency funds and reserve funds are not to be set aside from your discretionary income because in real sense emergency funds is a must in a man's life, so if you are investing in Bitcoin, you will be removing your emergency and reserve funds from your weekly or monthly income because it's a necessity.
If you remove your emergency and reserve funds from your discretionary income how much do you think will be left to invest with?
Don't you know that if you have a good emergency and reserve funds you might decide to invest all of your discretionary income because you are positive that you have what it takes to cushion the effect investing all of your discretionary income might brings?

You are wrong, you cannot use money from your income to set up an emergency funds and a reserve funds, because you need to take care of your monthly expenses and basic needs first. What if after deducting your emergency funds from your monthly income and you are left with no discretionary income, how will you invest in bitcoin.

For instance, a new investor wants to start his bitcoin investment without having any money on ground apart from his discretionary income, will you say that he should be waiting till he gets his income again before he can remove money to start setting up his emergency funds and reserve funds No.

It's from your discretionary income that you are to use part of it to start building your emergency funds and use the second part to start your bitcoin investment. You are DCAing every week and also building up your emergency funds simultaneously with your bitcoin investment. When your emergency funds is up to three months of your monthly income, you are to channel that money into setting up a reserve funds. You shouldn't build your emergency funds and reserve funds simultaneously to avoid much stress on your discretionary income but one after the other.

The reason is that investing in bitcoin is your first priority, followed by building up your emergency funds to backup your bitcoin investment. Reserve funds is good because it will give you more flexibility in your bitcoin accumulation journey since you can use it to buy at the dip or use it when a real emergency happens before touching your emergency funds. You need to take care of your basic needs and expenses first and use the leftover which is your discretionary income for whatever you want it for.

[Loyang]

You are right, Fund management is very important in any type of investment, not just Bitcoin. You should go for any investment only after gaining complete knowledge about this subject. Investing in Bitcoin is a long-term process. If someone really wants to profit from Bitcoin, then they must prepare for long-term investing like at least 4 to 10 years. Having knowledge about financial management greatly reduces the chances of making mistakes after taking risks in such a long investment process. One thing to keep in mind, whet ever you invest $200 a week or $20 you must continue to invest regularly following the DCA method. And to maintain this accumulation of investments, you basically need to have a very good understanding of finance management so that you can determine the amount of discretionary income in line with your income as well as expenses. Many people do not have a fixed income every month or every week. In that case, they will calculate their own situation and determine a reserve fund and emergency fund. If the regularity of investing can be maintained for 4 to 10 years through funding management in this way, then it is certainly possible to get many times more profit than any other investment.

If you wait for complete knowledge to invest in Bitcoin, then it will not be the right decision for you. Because no one has ever achieved complete knowledge. A person does not need much to invest in Bitcoin, just basic knowledge about Bitcoin, faith in Bitcoin and a source of discretionary income. If a person has these things, then that person can invest immediately. If a person does not invest, then how will he gain experience. Along with investing, a new person can learn everything. It is necessary to start investing first. If a person delays investing for complete knowledge, then it will be a completely wrong decision.

[Jostern]

Not everyone's income is the same. There are many people who work as daily wage earners. For example, after working all day, they are given a certain amount of money as salary, they can continue to buy continuously by adopting the DCA method every day. This will not be bad at all. Because all the people who work as daily wage earners cannot accumulate or save much money. Because they have daily income and they spend almost the entire amount of money from it, so if they want to buy daily by adopting the DCA method, then it is not a bad idea at all.

I don't like the idea of purchasing bitcoin daily, especially when the person is not rich. Only a rich investor can buy bitcoin daily based on his cash inflow is large daily. Like the person that you mentioned in your post above should not buy bitcoin daily because his discretionary income will be very little since you said when he gets paid, he spends almost the entire money to take care of his daily needs.

It's better that such a person should pile up his little discretionary income for one week and buy bitcoin weekly. This will save him from the stress of buying everyday. If it's someone that lacks discipline on keep money for long, he can give the money to someone he trusts to keep it for him till the week comes to an end.

To invest in any business or any other platform, you must have a good amount of money. And managing that amount of money is easy for the rich but difficult for the middle class and very difficult for the lower class. And it is a time-consuming matter. Many may be scared by the price of Bitcoin, but in the case of investing in Bitcoin, if you only have the desire to invest, it is possible to go a long way.

A daily wage earner can arrange another income in any way. He can live his daily life with his previous income and keep the next income as savings. And it does not take much time. A daily wage earner can buy Bitcoin once a week instead of buying Bitcoin every day. He will not feel any pressure in it.

That is, Bitcoin does not guarantee investment only for the upper class, Bitcoin guarantees investment for people of any class or profession.

Exactly, Bitcoin isn’t reserved for the rich it is a tool for anyone willing to be disciplined. You don’t need to buy a whole coin.... even small, consistent amounts over time can build real wealth. A daily wage earner doesn’t have to break the bank. Saving a little weekly and stacking sats regularly is a strategy that works, especially if done with patience and long term vision. Bitcoin respects consistency, not class.......

You can say that again buddy, Bitcoin respect consistency not class. Most Bitcoin Investors don't know that consistency in accumulating Bitcoin is what's define how successful you might be in the future or not, they take it as a joke, not knowing that those small satoshies that is being bought weekly or monthly on a steady basis is what makes your stash of Bitcoin huge to the extent of making you wealthy in the future. While some newbies thinks that they will automatically become wealthy by just investing as low as a $100.
But looking at Bitcoin from a longer perspective, constant accumulation for a  longer duration of 10 years or more is what's going to determine how successful you will be or not.

Those new investors before investing did not know that they have to accumulate Bitcoin from their discretionary income. They do not have any idea about fund management and they gradually start looking for great methods to Bitcoin within their means. Before joining this forum I did not have a better idea about accumulation Bitcoin in DCA method but with time and through discussions, learning about this method has made me more motivated about saving Bitcoin and I am doing Bitcoin regularly. Bitcoin can make us rich, this is the right idea but we have to be honest in our regular purchases through discretionary income for long. Buying at least one digit more Satoshi by reducing your personal expenses can take you to an impressive level.

You are right, Fund management is very important in any type of investment, not just Bitcoin. You should go for any investment only after gaining complete knowledge about this subject. Investing in Bitcoin is a long-term process. If someone really wants to profit from Bitcoin, then they must prepare for long-term investing like at least 4 to 10 years. Having knowledge about financial management greatly reduces the chances of making mistakes after taking risks in such a long investment process. One thing to keep in mind, whet ever you invest $200 a week or $20 you must continue to invest regularly following the DCA method. And to maintain this accumulation of investments, you basically need to have a very good understanding of finance management so that you can determine the amount of discretionary income in line with your income as well as expenses. Many people do not have a fixed income every month or every week. In that case, they will calculate their own situation and determine a reserve fund and emergency fund. If the regularity of investing can be maintained for 4 to 10 years through funding management in this way, then it is certainly possible to get many times more profit than any other investment.

Bitcoin investment doesn’t require you to gain all the necessary knowledge like you said before starting an investment in Bitcoin. Bitcoin investment doesn’t require to have all knowledge and knowledge can be gained when we practice the little that we know about Bitcoin investment, all you will require is having a discretionary income after paying all your expenses then you can now start investing and accumulating gradually gradually, I must say that I didn’t have all the knowledge about Bitcoin before I started, it was after I started then along the journey I was learning other things that have to do with long term investment and hodl, then I learnt about Emergency funds, Reserved Funds and Floating Funds which are quite essential in our journey of sustaining our Bitcoin investment in a long run.

If you have a discretionary income it’s just better to start immediately instead of waiting to gain all the knowledge which isn’t a very good way of starting Bitcoin investment, considering that you are waiting to get all the knowledge then you will be loosing opportunities. So most importantly is better to start immediately instead. Financial management help in a long way to help and manage your finance to also have more discretionary income to help and accumulate more and probably accumulate aggressively.