Balancing Financial security and Bitcoin Accumulation

[Tonimez]

[Edited out]

If discretionary income has been a part of our lives for months/years and we are lagging behind in Bitcoin investing, then we need to hurry up. For those who are a little late to start investing in Bitcoin due to their lack of knowledge about Bitcoin, aggressive accumulation can be a way to get through the day. For those investors, even if their discretionary income source is not very strong to start and make it regular, they should invest in Bitcoin regularly.

I don't think that there's anything like being late to bitcoin investment. What's your yardstick for measuring lateness to bitcoin investment even amongst people who didn't get to know about bitcoin previously? As a bitcoin investor, you have to learn not to allow anyone put you under pressure or trybto make you feel like you're late to the investment, moreover even people that started buying from the earlier days are still buying. Bitcoin investment is personal and I feel that one may only refer to himself as being late if he is knows about bitcoin and refuses to invest earlier or still don't wish to invest.

Again, don't let the time you start your investment be the reason for you to aggressively accumulate beyond your capacity to avoid loosing all your bitcoin due to unforeseen circumstances. As a beginner, see the price of bitcoin as the best as at the time you meet it. Analyse your income and identify your Discretionary income. Make provision for your emergency funds and back up funds and then set your bitcoin goal. Maintain your DCA approach and don't let dips pressure you into accumulating more aggressively than your financial capacity can bear.

Still, some investors struggle to find discretionary income from their income stream and the level of struggle and periodic efforts to  $10-$20 Bitcoin (per week) over time as consistent efforts can lead to a decent level in the future.

You still tend to make bitcoin investment look like a do or die affair. When someone's income is not able to handle his basic responsibilities making it hard for him to generate a discretionary income, how do you still advise the person to invest? First is having your discretionary income ready. Some low income Earners don't have enough to keep a family. I would suggest that in that case, an alternative source of income is advised. With this income source, a person can now invest in bitcoin with the discretionary income that he generates from there. Bitcoin is not a death sentence, you don't invest at the expense of your basic responsibilities.

I recommend those small investors to maintain their small efforts to accumulate Bitcoin for 4-10 years. They should continue to deposit bitcoin continuously as long as their source of income exists and they should aggressively accumulation while increasing their alternative sources of income.

This is correct. As a low income investor, all you need to do is to maintain your financial responsibilities and discipline yourself against reckless spendings while maintaining your DCA allocation truthfully. Do not invest with your emergency funds if you want to succeed in bitcoin. Shun the urge to invest with your emergency funds especially during dips.

At this point, you aim at long-term holding focus on accumulation and ensure you invest with only your discretionary income.

No one can ever predict when a person will face danger. At any time, a normal situation can become abnormal. If there is no emergency fund, then he will definitely have to use his holdings. Even if he is holding Bitcoin, if the price drops at that time, he will have to sell that Bitcoin with loss. Because you will not get time to see how low or high the price of Bitcoin at that moment. If you sell with loss, then it will become an obstacle to the long-term plan you have made. As an investor, you may have thought that you will hold your Bitcoin for a long time, up to 4-10 years. It turns out that you will be forced to withdraw your investment within 2 years, that is, the long-term plan will be lost. Not only that, if you do not have emergency fund, you will also fail to take any planned decision. Which you could not have taken in a healthy state. Your investment may continue without an emergency fund, but it will not be possible in the long term. You can be at risk at any time and if that happens, your long-term dreams will be destroyed with in a moment.

That is how it can only end for an investor of bitcoin who has plans for longer investment period and they don't work In preparation towards handling challenges that might arise and cause them to stop half way on meeting their timeline of their bitcoin accumulation. A way to stay ahead not to fall into the danger of selling prematurely or at a loss when bitcoin is in the dip before a rising danger is to have several sources of income you can use to patch up those emergencies as they arise. When you fail on this you make yourself prone to the predisposition of a premature sell of your bitcoin investment at a loss

Having an alternative source of income is good but that does not fully guarantee the safety of your bitcoin stash. To hold your bitcoin for long, there have to be a strict adherence to building your emergency funds either from your alternative income or main source of income. That emergency funds are built and kept in cash at all time. Having alternative source of income sometimes make some investors believe they can always have money for their emergencies and they forget to be intentional about building their emergency funds. This has led to situations where emergency comes up and there's no cash money to fund it either because the alternative source of income is actually a business which you can only get money from during the day time when you open to sell. But emergencies do not announce time. If it comes in the middle of the night, you don't need to wait till morning to open your alternative source of income. So in a nutshell, prepare your emergency funds and make it handy always. That's the only way you can be sure that you won't sell your bitcoin prematurely except in the event when nature faces you with situations your emergency funds can not handle and you've exhausted all other options without sorting it out.

[Loyang]

There's no right time to invest in Bitcoin other than investing when your discretionary income is available, but if you see anyone that's waiting for the right time to buy Bitcoin, just know that the person isn't buying Bitcoin with a long term mindset, and the person will have to wait to buy Bitcoin when a dip occurs so that it will enable the person to sell his Bitcoin once the price of Bitcoin starts increasing.

Your comment is very vague.A person can start investing only if he has a source of discretionary income. Many people have their own income through which a person can invest but cannot continue to invest consistently or in the midst of a financial crisis, he sells his holdings. To maintain the continuity of investment and to keep the investment stress free, one should invest with discretionary income. Discretionary income is the amount of money that you have left after deducting all your expenses, that is discretionary income.

The right time to accumulate Bitcoin is when your discretionary income is available, Bitcoin is long time Investment so it's not what we should rush into if we are yet not prepared for it you and Nightwatchmare are almost saying the same thing here if we still struggle to figure out our discretionary income we should not try going into bitcoin investment, so the right time to invest in bitcoin and start accumulating Bitcoin is when you have figured if you have your discretionary.

If discretionary income has been a part of our lives for months/years and we are lagging behind in Bitcoin investing, then we need to hurry up. For those who are a little late to start investing in Bitcoin due to their lack of knowledge about Bitcoin, aggressive accumulation can be a way to get through the day. For those investors, even if their discretionary income source is not very strong to start and make it regular, they should invest in Bitcoin regularly.

Still, some investors struggle to find discretionary income from their income stream and the level of struggle and periodic efforts to  $10-$20 Bitcoin (per week) over time as consistent efforts can lead to a decent level in the future.

I recommend those small investors to maintain their small efforts to accumulate Bitcoin for 4-10 years. They should continue to deposit bitcoin continuously as long as their source of income exists and they should aggressively accumulation while increasing their alternative sources of income.

It is never right to rush to invest. No one has ever fallen behind in investing. But yes, a person who has been thinking about investing for a long time and has been chasing after knowledge for a long time needs to invest first. Because it does not take much time to gain basic knowledge about Bitcoin. If a person takes more time to gain knowledge, then he needs to start investing.

Aggressive savings can be a way to spend the day Your comment seems very confusing. It is not right to always buy aggressively. It is always necessary to continue buying depending on your financial situation. Every time a person buys aggressively, he will put his portfolio at a lot of risk. If you want, you can continue buying conceptually by adopting the DCA method

[Yoona_As]

We can never let our future be left behind because where we can take steps to build strong wealth for the future, Bitcoin gives us that opportunity because those who invested in Bitcoin 6-7 years ago have been able to increase their wealth several times in the present, in my opinion you can invest slowly by following the DCA strategy, if you have a source of income from which you can meet the needs of your own family and if you have unnecessary expenses in your financial habits then you are taking the wrong steps so it is better to reduce it or not and to make our future bright, we have to be properly aware, as we move forward, we have to invest in Bitcoin so that we can move forward together in terms of our investment skills and our own wealth.

[inearth]

We can never let our future be left behind because where we can take steps to build strong wealth for the future, Bitcoin gives us that opportunity because those who invested in Bitcoin 6-7 years ago have been able to increase their wealth several times in the present, in my opinion you can invest slowly by following the DCA strategy, if you have a source of income from which you can meet the needs of your own family and if you have unnecessary expenses in your financial habits then you are taking the wrong steps so it is better to reduce it or not and to make our future bright, we have to be properly aware, as we move forward, we have to invest in Bitcoin so that we can move forward together in terms of our investment skills and our own wealth.

Making decisions today with the future in mind is not only a wise thing to do but also a responsibility. Making wealth is not just about earning but also about preserving and growing it intelligently. Bitcoin is not a medium that will make someone rich overnight, i.e. it is not a 'get rich quick' scheme. However, if someone continues to invest patiently for a long period, it will bring great success for him. DCA strategy works like an economic philosophy here, i.e. one can achieve this big goal in small steps. Suppose someone invests $300 from his monthly income. In a year, it will stand at $36,00. And if it continues for five years, it will stand at $18,300. And if this calculation is based on past, then if you invested this $18,300 through DCA over the last 5 years, your current portfolio today would be $66,908. A small invesment also able to be a big dream. Bitcoin is an asset that, with proper management, can lead someone to financial freedom in the future.

[Futurexxx]

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Aggressive savings can be a way to spend the day Your comment seems very confusing. It is not right to always buy aggressively. It is always necessary to continue buying depending on your financial situation. Every time a person buys aggressively, he will put his portfolio at a lot of risk. If you want, you can continue buying conceptually by adopting the DCA method

Buying aggressively is never a bad thing if it's done within your discretionary income, it's a healthy practice used to increase the stash of your Bitcoin faster, where the problem lies is when you are doing it from money meant for your basic needs or money that is not your discretionary income, if it's within your discretionary income, I don't think anything is wrong about that because your emergency  and reserve funds are there already to bail you out in case of any emergencies that may arise in the future.
Additionally, those that are at the beginning of their accumulation journey are those that needs it the most because they are seriously lacking behind, but it should only be done within their discretionary income, as long as it's done that way their is no problem about that.

[Joy- maker]

.
Aggressive savings can be a way to spend the day Your comment seems very confusing. It is not right to always buy aggressively. It is always necessary to continue buying depending on your financial situation. Every time a person buys aggressively, he will put his portfolio at a lot of risk. If you want, you can continue buying conceptually by adopting the DCA method

Buying aggressively is never a bad thing if it's done within your discretionary income, it's a healthy practice used to increase the stash of your Bitcoin faster, where the problem lies is when you are doing it from money meant for your basic needs or money that is not your discretionary income, if it's within your discretionary income, I don't think anything is wrong about that because your emergency  and reserve funds are there already to bail you out in case of any emergencies that may arise in the future.
Additionally, those that are at the beginning of their accumulation journey are those that needs it the most because they are seriously lacking behind, but it should only be done within their discretionary income, as long as it's done that way their is no problem about that.

you are correct buying bitcoin aggressively is not a bad thing provided you buying it within your Discretionary income and not with your emergency fund or with the money met for settling your basic needs and your expenses. In my own opinion Being aggressive becomes bad when you are buying bitcoin with your emergency or with the money met for your basic needs and expenses, because it can endanger your bitcoin investment and  can make you sell off your bitcoin investment at early stage of accumulation in lost. Less assume someone want to be aggressive in buying bitcoin and then went head to buy bitcoin with his or her emergency fund and emergencies arise along the line so which fund do the person intend to use in handling those emergencies since he or she has already invested his or her emergency fund in bitcoin all in the name of trying to be aggressive in buying bitcoin. Or less say someone bought bitcoin with the money met for his or her basic needs and expenses, so tell how those the person intend to sustain and still able to hold his or her bitcoin for long term? If not selling off his or her bitcoin investment in easily stage of accumulation in lost. The truth is if an investor is consistence in buying bitcoin he or she will definitely reach his or her accumulation target, so instead of endangering your bitcoin investment all the name trying to aggressive in buying bitcoin, just be consistence and committed.

[Stormisover]

There's no right time to invest in Bitcoin other than investing when your discretionary income is available, but if you see anyone that's waiting for the right time to buy Bitcoin, just know that the person isn't buying Bitcoin with a long term mindset, and the person will have to wait to buy Bitcoin when a dip occurs so that it will enable the person to sell his Bitcoin once the price of Bitcoin starts increasing.

Your comment is very vague.A person can start investing only if he has a source of discretionary income. Many people have their own income through which a person can invest but cannot continue to invest consistently or in the midst of a financial crisis, he sells his holdings. To maintain the continuity of investment and to keep the investment stress free, one should invest with discretionary income. Discretionary income is the amount of money that you have left after deducting all your expenses, that is discretionary income.

The right time to accumulate Bitcoin is when your discretionary income is available, Bitcoin is long time Investment so it's not what we should rush into if we are yet not prepared for it you and Nightwatchmare are almost saying the same thing here if we still struggle to figure out our discretionary income we should not try going into bitcoin investment, so the right time to invest in bitcoin and start accumulating Bitcoin is when you have figured if you have your discretionary.

If discretionary income has been a part of our lives for months/years and we are lagging behind in Bitcoin investing, then we need to hurry up. For those who are a little late to start investing in Bitcoin due to their lack of knowledge about Bitcoin, aggressive accumulation can be a way to get through the day. For those investors, even if their discretionary income source is not very strong to start and make it regular, they should invest in Bitcoin regularly.

Still, some investors struggle to find discretionary income from their income stream and the level of struggle and periodic efforts to  $10-$20 Bitcoin (per week) over time as consistent efforts can lead to a decent level in the future.

I recommend those small investors to maintain their small efforts to accumulate Bitcoin for 4-10 years. They should continue to deposit bitcoin continuously as long as their source of income exists and they should aggressively accumulation while increasing their alternative sources of income.

It is never right to rush to invest. No one has ever fallen behind in investing. But yes, a person who has been thinking about investing for a long time and has been chasing after knowledge for a long time needs to invest first. Because it does not take much time to gain basic knowledge about Bitcoin. If a person takes more time to gain knowledge, then he needs to start investing.

Aggressive savings can be a way to spend the day Your comment seems very confusing. It is not right to always buy aggressively. It is always necessary to continue buying depending on your financial situation. Every time a person buys aggressively, he will put his portfolio at a lot of risk. If you want, you can continue buying conceptually by adopting the DCA method

What we need is to figure out is if we have a discretionary income to invest meaning that our basic needs has been taken care of, I don't see anything like rushing to invest if the basic knowledge has been gotten with the mindset of improving in various ways along the line, anyone can always be as aggressive as they can without over doing and there is nothing wrong with that, you have to differentiate between being aggressive and being over aggressive I guess they are different and have different meaning and impacts to our investment, I want to ask what makes you think that people can not be aggressively buying with the dca? Don't think that anyone adopting the dca method are or can not buy aggressively.

[cxtreenal]

There's no right time to invest in Bitcoin other than investing when your discretionary income is available, but if you see anyone that's waiting for the right time to buy Bitcoin, just know that the person isn't buying Bitcoin with a long term mindset, and the person will have to wait to buy Bitcoin when a dip occurs so that it will enable the person to sell his Bitcoin once the price of Bitcoin starts increasing.

Your comment is very vague.A person can start investing only if he has a source of discretionary income. Many people have their own income through which a person can invest but cannot continue to invest consistently or in the midst of a financial crisis, he sells his holdings. To maintain the continuity of investment and to keep the investment stress free, one should invest with discretionary income. Discretionary income is the amount of money that you have left after deducting all your expenses, that is discretionary income.

The right time to accumulate Bitcoin is when your discretionary income is available, Bitcoin is long time Investment so it's not what we should rush into if we are yet not prepared for it you and Nightwatchmare are almost saying the same thing here if we still struggle to figure out our discretionary income we should not try going into bitcoin investment, so the right time to invest in bitcoin and start accumulating Bitcoin is when you have figured if you have your discretionary.

If discretionary income has been a part of our lives for months/years and we are lagging behind in Bitcoin investing, then we need to hurry up. For those who are a little late to start investing in Bitcoin due to their lack of knowledge about Bitcoin, aggressive accumulation can be a way to get through the day. For those investors, even if their discretionary income source is not very strong to start and make it regular, they should invest in Bitcoin regularly.

Still, some investors struggle to find discretionary income from their income stream and the level of struggle and periodic efforts to  $10-$20 Bitcoin (per week) over time as consistent efforts can lead to a decent level in the future.

I recommend those small investors to maintain their small efforts to accumulate Bitcoin for 4-10 years. They should continue to deposit bitcoin continuously as long as their source of income exists and they should aggressively accumulation while increasing their alternative sources of income.

It is never right to rush to invest. No one has ever fallen behind in investing. But yes, a person who has been thinking about investing for a long time and has been chasing after knowledge for a long time needs to invest first. Because it does not take much time to gain basic knowledge about Bitcoin. If a person takes more time to gain knowledge, then he needs to start investing.

Aggressive savings can be a way to spend the day Your comment seems very confusing. It is not right to always buy aggressively. It is always necessary to continue buying depending on your financial situation. Every time a person buys aggressively, he will put his portfolio at a lot of risk. If you want, you can continue buying conceptually by adopting the DCA method

What we need is to figure out is if we have a discretionary income to invest meaning that our basic needs has been taken care of, I don't see anything like rushing to invest if the basic knowledge has been gotten with the mindset of improving in various ways along the line, anyone can always be as aggressive as they can without over doing and there is nothing wrong with that, you have to differentiate between being aggressive and being over aggressive I guess they are different and have different meaning and impacts to our investment, I want to ask what makes you think that people can not be aggressively buying with the dca? Don't think that anyone adopting the dca method are or can not buy aggressively.

I think if someone has a source of discretionary income and is regularly accumulation Bitcoin and then those investors who have sufficient floating cash or emergency funds would be better off running an aggressive DCA. If they have the money to continue investing long-term. Bitcoin is still in its early stages in terms of value, so most Bitcoin investors may be encouraged to continue investing aggressively. I would encourage investors who are committed to continue investing aggressively, but they must do so through discretionary income.

You should also be prepared to run a long-term DCA Bitcoin investment and be prepared to buy aggressively during price Drop periods. You should not be greedy for short term profits. Investing is not a rushing matter. To make the right investment decisions you should learn the basic and at the same time continue accumulation Bitcoin regularly.

[Derekfunds]

.
Aggressive savings can be a way to spend the day Your comment seems very confusing. It is not right to always buy aggressively. It is always necessary to continue buying depending on your financial situation. Every time a person buys aggressively, he will put his portfolio at a lot of risk. If you want, you can continue buying conceptually by adopting the DCA method

Buying aggressively is never a bad thing if it's done within your discretionary income, it's a healthy practice used to increase the stash of your Bitcoin faster, where the problem lies is when you are doing it from money meant for your basic needs or money that is not your discretionary income, if it's within your discretionary income, I don't think anything is wrong about that because your emergency  and reserve funds are there already to bail you out in case of any emergencies that may arise in the future.
Additionally, those that are at the beginning of their accumulation journey are those that needs it the most because they are seriously lacking behind, but it should only be done within their discretionary income, as long as it's done that way their is no problem about that.

Yea, buying aggressively is not wrong just that some folks always get it twisted, buying aggressively from your discretionary is not wrong but one thing an investor should not do is to be over aggressive even though it is from their discretionary because when you are over aggressive with your discretionary you will buy more than you are suppose to... and at this point in time it becomes wrong and bad because you are now going beyond your elastic limit hope you know what this means in strength of material.

I disagree with you buddy, it is not written anywhere that beginners are the ones that need to be aggressive the most, anyone can be aggressive depending on their discretionary and what they really want and what their target is. An investor can still get to his or her overaccumulation stage without being aggressive if they are doing everything rightly.

[Agbe]

.

Yea, buying aggressively is not wrong just that some folks always get it twisted, buying aggressively from your discretionary is not wrong but one thing an investor should not do is to be over aggressive even though it is from their discretionary because when you are over aggressive with your discretionary you will buy more than you are suppose to... and at this point in time it becomes wrong and bad because you are now going beyond your elastic limit hope you know what this means in strength of material.

If it's for the purpose of profit orientation I don't see any thing wrong with an investor who buy aggressively as far as he stays within his financial balance by not using all his income for investment purposes there is nothing like over investment in a business that you are sure of return on investment

[Merit.s]

Yea, buying aggressively is not wrong just that some folks always get it twisted, buying aggressively from your discretionary is not wrong but one thing an investor should not do is to be over aggressive even though it is from their discretionary because when you are over aggressive with your discretionary you will buy more than you are suppose to... and at this point in time it becomes wrong and bad because you are now going beyond your elastic limit hope you know what this means in strength of material.

Maybe, I will say that you don't understand the meaning of 'over aggressive buying' when you are buying with an amount within your discretionary income is not called over aggressive buying. It's when you buy with an amount beyond your discretionary income that is called over aggressive buying.

For example, if your discretionary income is $100, and you start buying bitcoin above $100 whenever, your discretionary income is available, you are buying over aggressively, and that will make you sell your bitcoin when it's not of your will because you are only gambling and not investing. When your needs arise, you will have to sell the bitcoin that you bought out of your discretionary income. You might sell at loss if bitcoin price is below your entry point. This is why one needs to be careful when buying aggressively so that you don't overdo it.

[Yorubek]

There's no right time to invest in Bitcoin other than investing when your discretionary income is available, but if you see anyone that's waiting for the right time to buy Bitcoin, just know that the person isn't buying Bitcoin with a long term mindset, and the person will have to wait to buy Bitcoin when a dip occurs so that it will enable the person to sell his Bitcoin once the price of Bitcoin starts increasing.

Your comment is very vague.A person can start investing only if he has a source of discretionary income. Many people have their own income through which a person can invest but cannot continue to invest consistently or in the midst of a financial crisis, he sells his holdings. To maintain the continuity of investment and to keep the investment stress free, one should invest with discretionary income. Discretionary income is the amount of money that you have left after deducting all your expenses, that is discretionary income.

The right time to accumulate Bitcoin is when your discretionary income is available, Bitcoin is long time Investment so it's not what we should rush into if we are yet not prepared for it you and Nightwatchmare are almost saying the same thing here if we still struggle to figure out our discretionary income we should not try going into bitcoin investment, so the right time to invest in bitcoin and start accumulating Bitcoin is when you have figured if you have your discretionary.

If discretionary income has been a part of our lives for months/years and we are lagging behind in Bitcoin investing, then we need to hurry up. For those who are a little late to start investing in Bitcoin due to their lack of knowledge about Bitcoin, aggressive accumulation can be a way to get through the day. For those investors, even if their discretionary income source is not very strong to start and make it regular, they should invest in Bitcoin regularly.

Still, some investors struggle to find discretionary income from their income stream and the level of struggle and periodic efforts to  $10-$20 Bitcoin (per week) over time as consistent efforts can lead to a decent level in the future.

I recommend those small investors to maintain their small efforts to accumulate Bitcoin for 4-10 years. They should continue to deposit bitcoin continuously as long as their source of income exists and they should aggressively accumulation while increasing their alternative sources of income.

It is never right to rush to invest. No one has ever fallen behind in investing. But yes, a person who has been thinking about investing for a long time and has been chasing after knowledge for a long time needs to invest first. Because it does not take much time to gain basic knowledge about Bitcoin. If a person takes more time to gain knowledge, then he needs to start investing.

Aggressive savings can be a way to spend the day Your comment seems very confusing. It is not right to always buy aggressively. It is always necessary to continue buying depending on your financial situation. Every time a person buys aggressively, he will put his portfolio at a lot of risk. If you want, you can continue buying conceptually by adopting the DCA method

What we need is to figure out is if we have a discretionary income to invest meaning that our basic needs has been taken care of, I don't see anything like rushing to invest if the basic knowledge has been gotten with the mindset of improving in various ways along the line, anyone can always be as aggressive as they can without over doing and there is nothing wrong with that, you have to differentiate between being aggressive and being over aggressive I guess they are different and have different meaning and impacts to our investment, I want to ask what makes you think that people can not be aggressively buying with the dca? Don't think that anyone adopting the dca method are or can not buy aggressively.

I think if someone has a source of discretionary income and is regularly accumulation Bitcoin and then those investors who have sufficient floating cash or emergency funds would be better off running an aggressive DCA. If they have the money to continue investing long-term. Bitcoin is still in its early stages in terms of value, so most Bitcoin investors may be encouraged to continue investing aggressively. I would encourage investors who are committed to continue investing aggressively, but they must do so through discretionary income.

You should also be prepared to run a long-term DCA Bitcoin investment and be prepared to buy aggressively during price Drop periods. You should not be greedy for short term profits. Investing is not a rushing matter. To make the right investment decisions you should learn the basic and at the same time continue accumulation Bitcoin regularly.

You are right, the price of Bitcoin is still in its infancy. Researchers estimate that the price of Bitcoin may reach $200,000 dollars by the end of 2025. There is nothing impossible with Bitcoin. By the end of 2025, Bitcoin may have the biggest rally in its history. It is not right to take time to start investing in Bitcoin. It is enough to have some basic perspectives to start investing. Basically, it is important to have a prudent income.

The DCA method will be a simple strategy to manage the long-term journey properly. It is also wise for those who have a prudent income to have an emergency fund. The interest in investing will increase many times over as the history of Bitcoin deepens.The more you explore the history of Bitcoin, the more your interest in investing will grow.

[Showlove01]

Yea, buying aggressively is not wrong just that some folks always get it twisted, buying aggressively from your discretionary is not wrong but one thing an investor should not do is to be over aggressive even though it is from their discretionary because when you are over aggressive with your discretionary you will buy more than you are suppose to... and at this point in time it becomes wrong and bad because you are now going beyond your elastic limit hope you know what this means in strength of material.

Maybe, I will say that you don't understand the meaning of 'over aggressive buying' when you are buying with an amount within your discretionary income is not called over aggressive buying. It's when you buy with an amount beyond your discretionary income that is called over aggressive buying.

For example, if your discretionary income is $100, and you start buying bitcoin above $100 whenever, your discretionary income is available, you are buying over aggressively, and that will make you sell your bitcoin when it's not of your will because you are only gambling and not investing. When your needs arise, you will have to sell the bitcoin that you bought out of your discretionary income. You might sell at loss if bitcoin price is below your entry point. This is why one needs to be careful when buying aggressively so that you don't overdo it.

I agree with you and no wonder some folks panic or sell when their investment is not yet mature and I think the major reason why some of these folks buy more than what is in their discretionary is because of greed, wanting to have a big portfolio when they don't have what it takes to do that. I have really learnt something from this your post, at least I now know that investing beyond what is in one's discretionary is over aggressiveness which is a wrong move for an investor most especially those with little source of income.

[Ruttoshi]

I agree with you and no wonder some folks panic or sell when their investment is not yet mature and I think the major reason why some of these folks buy more than what is in their discretionary is because of greed, wanting to have a big portfolio when they don't have what it takes to do that. I have really learnt something from this your post, at least I now know that investing beyond what is in one's discretionary is over aggressiveness which is a wrong move for an investor most especially those with little source of income.

It doesn't mean that it's especially for those with little source of income. If you have a big source of income and you invest beyond your discretionary income, it's going to affect your bitcoin investment down the road because you need to put your basic needs and monthly expenses as your first priority. This is why it's good to cut down expenses even though you are rich so that you can have a higher discretionary income than when you are spending on unnecessary things.

Buying over aggressively is not a good investment practice for both the rich and the poor, because when you have too many bitcoin with less fiat, you will have to sell some bitcoin to take care of important needs, which shouldn't be the plan.

[Jibdeen]

You know, in the Bitcoin space currently what is common now is “stack BTC”, “buy the dip”, “stay poor if you don’t buy now” which is good. But in reality, many people are silently struggling trying to balance real life with trying to build wealth through Bitcoin. And I feel like this convo is long overdue.

Jst wanna talk a little on the topic, so here is my honest take.

First, What is Financial Security?
Let’s first forget about the technical definition, let's be real hear, financial security is just knowing that even if things go left tomorrow (you lose ur job, you fall sick, family emergency, etc), you are not immediately screwed.

It means you can eat, you can sleep well, you’re not scared of surprise expenses, and you don’t have to beg or panic sell your Bitcoin investment or (asset) just to stay okay.

If you don’t have that baseline sorted, any kind of investing will start to feel like a risk, and that is where the pressure builds from.

Now, Bitcoin Accumulation…
We all want more Bitcoin, no cap. Some of us believe it's our way out of the rat race and inflation, or the one asset that will give us real financial freedom. And I agree, TBH. I’m not even going to pretend. Bitcoin is solid and will still be in years from nw.. But the approach? That’s where many of us get it wrong.

Buying Bitcoin is not a race. And it’s not worth putting yourself in financial danger just to say, I am now a full coiner or whatever.

So How Do we Balance Both?

1. Start with Stability First. Not FOMO.
Before you even start talking about buying Bitcoin, ask yourself:

Can I cover my daily and monthly needs?…..   Do I have something saved for emergency?….. Do I have any debts that are choking me?

If those are not sorted yet, bro don’t let Twitter or Bitcoin TikTok rush you into throwing your last 50k into Bitcoin just because it will get to 200k and then 1mill.. That’s not smart, I won’t call it a smart move at all..

2. Plan your Money, I think this will help a lot.. u can basically split ur money into 3 main parts Like:

Needs (feeding, transport, bills, etc)

Safety (emergency fund, savings for rainy days)

Growth (Bitcoin and other investments)

You then know how to manage so you have money left after the first 2 buckets, so the third in would be meant. Simple.

So you won’t learn it the hard way selling BTC at a loss just to settle bills. Trust me, nothing hurts more than watching the price rise again after you’ve sold low out of panic.

3. Don’t Use Bitcoin to Escape Financial Reality
This one is tough to admit. Some of us are using Bitcoin as a way to escape our broke situation, thinking it will magically fix everything overnight.

But Bitcoin is not a lottery. It is not a shortcut. It is a long term thing. You don’t fix broken finances with volatile assets like Bitcoin. It’s fixed with planning, discipline, and gradually building stability first.

Once your life is steady, then Bitcoin becomes a tool, and not a lifeline.

4. Buy What You Can Afford to Forget
I always tell people: only buy Bitcoin with money that, if it dumps for a while today, your life won’t be destroyed. We have to be realistic and consistent. Bitcoin rewards patience and time, not pressure.

5. Emergency Fund First. Always. I know we’ve been hearing this a lot here on this forum, in fact it was when I joined this forum I started taking my emergency fund more serious.. Bcus it’s one of the most powerful steps. Maybe built at least 1–3 months of your basic expenses in cash or stable value.

It sounds slow, but it will protect ur future Bitcoin. Because when something happens, you won't need to sell your Bitcoin in a panic.

6. Mental Peace, involving fast Accumulation
I used to feel bad seeing others saying they already have 0.5BTC or 1 BTC or 2 BTC or more. I felt behind. But I later realized, some of them are deep in debt or under pressure, and they just don't show it.

Our journey should give us peace. If buying Bitcoin is making you anxious, it means you’re overdoing it….    Look, at the end of the day, it is all about balance. Life is long (hopefully), and Bitcoin is not going anywhere. You will be able to stack more when your life is stable, not when you’re always broke and hoping for a pump.

Let our financial security be our foundation, and let Bitcoin be what we build on top of it. That is how we stay in the game long enough to actually win.

Let’s not go broke trying to be early. Let’s be smart, steady and stay in control.

Balancing investment and financial security is really a tough thing that requires a lot of patience, endurance, and side hustle. Investment in bitcoin for someone not financially stable goes a long way into a very dark phase that involves a lot of struggle that sometimes eventually leads to them selling their assets in the wrong time because of emergencies and miscellaneous.

Our financial security is very crucial for someone to succeed in bitcoin investment but nevertheless even if you are not financial stable your can create an investment plan budget for ur earnings that would not cause much burden on you financially, because if you are financially stable unexpected selling of your digital assets would not come up and that will help in in your investment for the future.

Even small investment might change  your life,  what just matters is consistent HODL and continuous investment that fits your earnings.

[Silikiem]

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Yea, buying aggressively is not wrong just that some folks always get it twisted, buying aggressively from your discretionary is not wrong but one thing an investor should not do is to be over aggressive even though it is from their discretionary because when you are over aggressive with your discretionary you will buy more than you are suppose to... and at this point in time it becomes wrong and bad because you are now going beyond your elastic limit hope you know what this means in strength of material.

If it's for the purpose of profit orientation I don't see any thing wrong with an investor who buy aggressively as far as he stays within his financial balance by not using all his income for investment purposes there is nothing like over investment in a business that you are sure of return on investment

Fair enough, but I would prefer that the purpose shouldn’t be focused on profit making orientation especially as you’re still on your accumulation stage when it comes to bitcoin investment.  rather,  the purpose should be to accumulate, grow, and improve your bitcoin investment portfolio first and being consistent in it and hodl for the long term goal instead of a quick profit orientation mindset because you might end up getting disappointed at the end of the day when the profit isn’t coming as you expect it to come considering The volatile nature of bitcoin. It’s always advisable you invest within your financial means especially with your discretionary income, you can decide to buy aggressively with your discretionary and not being overly aggressive.

[Regardme]

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Aggressive savings can be a way to spend the day Your comment seems very confusing. It is not right to always buy aggressively. It is always necessary to continue buying depending on your financial situation. Every time a person buys aggressively, he will put his portfolio at a lot of risk. If you want, you can continue buying conceptually by adopting the DCA method

Buying aggressively is never a bad thing if it's done within your discretionary income, it's a healthy practice used to increase the stash of your Bitcoin faster, where the problem lies is when you are doing it from money meant for your basic needs or money that is not your discretionary income, if it's within your discretionary income, I don't think anything is wrong about that because your emergency  and reserve funds are there already to bail you out in case of any emergencies that may arise in the future.
Additionally, those that are at the beginning of their accumulation journey are those that needs it the most because they are seriously lacking behind, but it should only be done within their discretionary income, as long as it's done that way their is no problem about that.

you are correct buying bitcoin aggressively is not a bad thing provided you buying it within your Discretionary income and not with your emergency fund or with the money met for settling your basic needs and your expenses. In my own opinion Being aggressive becomes bad when you are buying bitcoin with your emergency or with the money met for your basic needs and expenses, because it can endanger your bitcoin investment and  can make you sell off your bitcoin investment at early stage of accumulation in lost. Less assume someone want to be aggressive in buying bitcoin and then went head to buy bitcoin with his or her emergency fund and emergencies arise along the line so which fund do the person intend to use in handling those emergencies since he or she has already invested his or her emergency fund in bitcoin all in the name of trying to be aggressive in buying bitcoin. Or less say someone bought bitcoin with the money met for his or her basic needs and expenses, so tell how those the person intend to sustain and still able to hold his or her bitcoin for long term? If not selling off his or her bitcoin investment in easily stage of accumulation in lost. The truth is if an investor is consistence in buying bitcoin he or she will definitely reach his or her accumulation target, so instead of endangering your bitcoin investment all the name trying to aggressive in buying bitcoin, just be consistence and committed.

I disagree with you on this. Emergency funds isn’t for investment, first you’ll have to understand what emergency funds is which I’ll define it; An emergency funds is savings set aside for unexpected expenses or financial emergencies for example, in the case of losing your job, medical bills, car repairs and all that. No one is his right senses would think of by Bitcoin aggressively with an emergency funds. A real investor understands what discretionary funds are and what emergency funds are, and as such can’t mix both together, because it’s serving a different purpose.

Again we should understand what buying aggressively mean; It can mean large capital allocation or purchasing at a high volume. And a discretionary funds are funds that is left over after all the expenses and bill payments. One must be a high income earner to say he’s buying aggressively with his discretionary funds.

[Princess Leah]

Buying aggressively is never a bad thing if it's done within your discretionary income, it's a healthy practice used to increase the stash of your Bitcoin faster, where the problem lies is when you are doing it from money meant for your basic needs or money that is not your discretionary income, if it's within your discretionary income, I don't think anything is wrong about that because your emergency  and reserve funds are there already to bail you out in case of any emergencies that may arise in the future.
Additionally, those that are at the beginning of their accumulation journey are those that needs it the most because they are seriously lacking behind, but it should only be done within their discretionary income, as long as it's done that way their is no problem about that.

you are correct buying bitcoin aggressively is not a bad thing provided you buying it within your Discretionary income and not with your emergency fund or with the money met for settling your basic needs and your expenses. In my own opinion Being aggressive becomes bad when you are buying bitcoin with your emergency or with the money met for your basic needs and expenses, because it can endanger your bitcoin investment and  can make you sell off your bitcoin investment at early stage of accumulation in lost. Less assume someone want to be aggressive in buying bitcoin and then went head to buy bitcoin with his or her emergency fund and emergencies arise along the line so which fund do the person intend to use in handling those emergencies since he or she has already invested his or her emergency fund in bitcoin all in the name of trying to be aggressive in buying bitcoin. Or less say someone bought bitcoin with the money met for his or her basic needs and expenses, so tell how those the person intend to sustain and still able to hold his or her bitcoin for long term? If not selling off his or her bitcoin investment in easily stage of accumulation in lost. The truth is if an investor is consistence in buying bitcoin he or she will definitely reach his or her accumulation target, so instead of endangering your bitcoin investment all the name trying to aggressive in buying bitcoin, just be consistence and committed.

I disagree with you on this. Emergency funds isn’t for investment, first you’ll have to understand what emergency funds is which I’ll define it; An emergency funds is savings set aside for unexpected expenses or financial emergencies for example, in the case of losing your job, medical bills, car repairs and all that. No one is his right senses would think of by Bitcoin aggressively with an emergency funds. A real investor understands what discretionary funds are and what emergency funds are, and as such can’t mix both together, because it’s serving a different purpose.

Again we should understand what buying aggressively mean; It can mean large capital allocation or purchasing at a high volume. And a discretionary funds are funds that is left over after all the expenses and bill payments. One must be a high income earner to say he’s buying aggressively with his discretionary funds.

On hearing the name "emergency funds" one should understand what it's mean you, yes an emergency fund shouldn't be used for investment, it's main purpose is to serve as an available money to solve problems in times of emergency, as humans we should be prepared for a worst case scenario, therefore an emergency fund is meant to be set aside for cases like that, it's very different from the funds used for investment.

 Although sometimes it can be very tempting to use the emergency funds to buy bitcoin when the market dips but as an investor you should be disciplined enough to know the right thing to do and it's never investing with the emergency funds, the funds that's required for investment is the discretionary funds.

[Lida93]

you are correct buying bitcoin aggressively is not a bad thing provided you buying it within your Discretionary income and not with your emergency fund or with the money met for settling your basic needs and your expenses. In my own opinion Being aggressive becomes bad when you are buying bitcoin with your emergency or with the money met for your basic needs and expenses, because it can endanger your bitcoin investment and  can make you sell off your bitcoin investment at early stage of accumulation in lost. Less assume someone want to be aggressive in buying bitcoin and then went head to buy bitcoin with his or her emergency fund and emergencies arise along the line so which fund do the person intend to use in handling those emergencies since he or she has already invested his or her emergency fund in bitcoin all in the name of trying to be aggressive in buying bitcoin. Or less say someone bought bitcoin with the money met for his or her basic needs and expenses, so tell how those the person intend to sustain and still able to hold his or her bitcoin for long term? If not selling off his or her bitcoin investment in easily stage of accumulation in lost. The truth is if an investor is consistence in buying bitcoin he or she will definitely reach his or her accumulation target, so instead of endangering your bitcoin investment all the name trying to aggressive in buying bitcoin, just be consistence and committed.

I disagree with you on this. Emergency funds isn’t for investment, first you’ll have to understand what emergency funds is which I’ll define it; An emergency funds is savings set aside for unexpected expenses or financial emergencies for example, in the case of losing your job, medical bills, car repairs and all that. No one is his right senses would think of by Bitcoin aggressively with an emergency funds. A real investor understands what discretionary funds are and what emergency funds are, and as such can’t mix both together, because it’s serving a different purpose. .

@Regardme, are you actually disagreeing or disagreeing with Joy- maker  thoughts on emergency funds use? Because from all you have said from your first paragraph I don't see a difference in your supposed disagreement from what Joy- maker explained about what emergency funds stands for and how and meant for. Except you just want to rephrase some of the explanations, otherwise we all should know the difference between discretionary funds and emergency funds, and how to go about a healthy aggressive accumulative buying of bitcoin.

[Sticky Bomb]

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Aggressive savings can be a way to spend the day Your comment seems very confusing. It is not right to always buy aggressively. It is always necessary to continue buying depending on your financial situation. Every time a person buys aggressively, he will put his portfolio at a lot of risk. If you want, you can continue buying conceptually by adopting the DCA method

Buying aggressively is never a bad thing if it's done within your discretionary income, it's a healthy practice used to increase the stash of your Bitcoin faster, where the problem lies is when you are doing it from money meant for your basic needs or money that is not your discretionary income, if it's within your discretionary income, I don't think anything is wrong about that because your emergency  and reserve funds are there already to bail you out in case of any emergencies that may arise in the future.
Additionally, those that are at the beginning of their accumulation journey are those that needs it the most because they are seriously lacking behind, but it should only be done within their discretionary income, as long as it's done that way their is no problem about that.

you are correct buying bitcoin aggressively is not a bad thing provided you buying it within your Discretionary income and not with your emergency fund or with the money met for settling your basic needs and your expenses. In my own opinion Being aggressive becomes bad when you are buying bitcoin with your emergency or with the money met for your basic needs and expenses, because it can endanger your bitcoin investment and  can make you sell off your bitcoin investment at early stage of accumulation in lost. Less assume someone want to be aggressive in buying bitcoin and then went head to buy bitcoin with his or her emergency fund and emergencies arise along the line so which fund do the person intend to use in handling those emergencies since he or she has already invested his or her emergency fund in bitcoin all in the name of trying to be aggressive in buying bitcoin. Or less say someone bought bitcoin with the money met for his or her basic needs and expenses, so tell how those the person intend to sustain and still able to hold his or her bitcoin for long term? If not selling off his or her bitcoin investment in easily stage of accumulation in lost. The truth is if an investor is consistence in buying bitcoin he or she will definitely reach his or her accumulation target, so instead of endangering your bitcoin investment all the name trying to aggressive in buying bitcoin, just be consistence and committed.

I disagree with you on this. Emergency funds isn’t for investment, first you’ll have to understand what emergency funds is which I’ll define it; An emergency funds is savings set aside for unexpected expenses or financial emergencies for example, in the case of losing your job, medical bills, car repairs and all that. No one is his right senses would think of by Bitcoin aggressively with an emergency funds. A real investor understands what discretionary funds are and what emergency funds are, and as such can’t mix both together, because it’s serving a different purpose.

Emergency funds are carved out from your discretionary income. The part of your discretionary income that you don't invest into Bitcoin  is used to build out backup funds that stands in to prevent you from tampering with your portfolio in events of needs that aren't necessarily your normal expenses. Emergency funds is a very important variance of backup funds that is built alongside your purchasing Bitcoin and its there to take care of real emergencies. It's advisable to build out your emergency fund to be equal to at least three months worth of your expenses. Both your Bitcoin accumulation and emergency funds building are done from your discretionary income.