Balancing Financial security and Bitcoin Accumulation

[Lembo69]

Taking loan to invest in bitcoin is not totally a bad idea. It is only a bad idea when there is no other means

Personally, I think that investing in Bitcoin with debt can be very risky. The price of Bitcoin is not always stable. If its price is very high today, it can drop by half tomorrow.

Due to this volatility, investing with debt creates stress and indecision, which can affect the investor's thinking.

Therefore, I believe that investing should always be done with your own extra money, not with debt. Following the DCA strategy by buying in small portions is a much safer and mentally stable method.
This is just my personal opinion
Everyone will make a decision considering their own financial situation and risk.
Because your money is your risk

[Grace333]

In Bitcoin investment, the decision to invest with debt is wrong in most cases, because Bitcoin is a long-term investment, when we can hold it for at least 4 years or 8 to 12 years, then we can expect significant success from it, now the thing is when you invest in Bitcoin with debt, in that case you have to think about how long time before you have to repay that debt, when we can decide to hold 2 cycles in Bitcoin investment, then we will have a good chance of success, but if you take a loan and invest, and you do not have a separate arrangement to repay that debt, and when the time comes to repay the debt, and at that time if Bitcoin does not give you significant success, then how will you repay your debt?  Then if you do not pay your loan then your interest will continue to increase, as a result you will be forced to sell your holdings at a loss, so we must keep these things in mind, since Bitcoin is a long-term investment, so we should never use that money in this long-term journey that we have to pay or need before our goal is achieved. The amount of money of you invest and that could disturb your financial peace during your investment journey, that money should not be used in any way in a long-term investment, especially if you do not have a separate source for this financial council, you invest a small amount, but still use money that you can hold for the long term without any obstacles.

The fact is , investing in Bitcoin with borrowed funds is not a wise decision because it is more of a long term strategy. Bitcoin requires time, patience, and composure, whereas debt entails pressure, deadlines, and interest. You will be stuck if you take out a loan in the hopes that the price of Bitcoin will increase quickly and it doesn't. You'll either have to sell at a loss or find it difficult to repay the debt. The entire concept of wise investing is destroyed by that kind of stress. Even if it's only a little sum, it's preferable to invest with money you won't need for a while. Consistency and mental tranquility are what count most. You can withstand fluctuations without becoming alarmed if your investment isn't linked to immediate financial requirements.

I will always stand on, Borrowing money to invest in Bitcoin is like adding unnecessary pressure to something that already requires patience..  The market does not move on our own time, and when debt is involved, every dip starts to feel like a nightmare.  It is always better to grow gradually with your own funds, no matter how small. 
With that, you can hold strong during market swings without stressing about repayment or deadlines..  Peace of mind is just as important as profit in this game..

[Regardme]

In Bitcoin investment, the decision to invest with debt is wrong in most cases, because Bitcoin is a long-term investment, when we can hold it for at least 4 years or 8 to 12 years, then we can expect significant success from it, now the thing is when you invest in Bitcoin with debt, in that case you have to think about how long time before you have to repay that debt, when we can decide to hold 2 cycles in Bitcoin investment, then we will have a good chance of success, but if you take a loan and invest, and you do not have a separate arrangement to repay that debt, and when the time comes to repay the debt, and at that time if Bitcoin does not give you significant success, then how will you repay your debt?  Then if you do not pay your loan then your interest will continue to increase, as a result you will be forced to sell your holdings at a loss, so we must keep these things in mind, since Bitcoin is a long-term investment, so we should never use that money in this long-term journey that we have to pay or need before our goal is achieved. The amount of money of you invest and that could disturb your financial peace during your investment journey, that money should not be used in any way in a long-term investment, especially if you do not have a separate source for this financial council, you invest a small amount, but still use money that you can hold for the long term without any obstacles.

The fact is , investing in Bitcoin with borrowed funds is not a wise decision because it is more of a long term strategy. Bitcoin requires time, patience, and composure, whereas debt entails pressure, deadlines, and interest. You will be stuck if you take out a loan in the hopes that the price of Bitcoin will increase quickly and it doesn't. You'll either have to sell at a loss or find it difficult to repay the debt. The entire concept of wise investing is destroyed by that kind of stress. Even if it's only a little sum, it's preferable to invest with money you won't need for a while. Consistency and mental tranquility are what count most. You can withstand fluctuations without becoming alarmed if your investment isn't linked to immediate financial requirements.

I will always stand on, Borrowing money to invest in Bitcoin is like adding unnecessary pressure to something that already requires patience..  The market does not move on our own time, and when debt is involved, every dip starts to feel like a nightmare.  It is always better to grow gradually with your own funds, no matter how small. 
With that, you can hold strong during market swings without stressing about repayment or deadlines..  Peace of mind is just as important as profit in this game..

I agree with you. It’s never a good decision to borrow in order to invest in bitcoin. Bitcoin investment shouldn’t come with pressure, rather when all your essential bills are being taken care of, then you can invest with what’s left in order not to panic so much when Bitcoin dips. Instead of borrowing to buy Bitcoin, you rather buy small amounts either on a weekly or monthly basis, and keep accumulate for some couple of years.

[Nightwatchmare]

Maybe I should put it this way, expecting Bitcoin to make you rich overnight is just setting yourself up for stress.

Truly Bitcoin is not a get rich quick scheme, and this is one thing most newbies fails to understand, that's why they mostly approach bitcoin investment with the mindset of buying and selling prematurely thinking it's the best to to go about it, but it's not, you can't grow rich by investing in bitcoin with a short term minds.

Since no one can predict the exact timing of its moves, borrowing money to invest is almost like digging a hole for yourself.

How are you digging a hole for yourself when you are not paying back from your bitcoin investment?
Don't you understand that once your ability to pay back have nothing to do with the final outcome of your bitcoin investment, you have nothing to worry about?
Taking a loan to invest in bitcoin is not a problem as long as you have other source of repaying it back.

You don't have to say Bitcoin isn't a get rich quick scheme so you won't discourage some minds from investing into Bitcoin, as a newbie you have to understand the strategies of the market first before investing and investing for long-term benefits without selling is okay and advisable as a newbie who's into the market because long-term investments helps so much and build you well as a newbie understand how the market works.

Whether you want to accept it or not, the fact remains that Bitcoin investment isn't a get rich quick scheme, and it's very important to always let newbies know this before they start investing in Bitcoin so that they won't use all their money to invest in Bitcoin with the mindset that Bitcoin investment will make them rich overnight, and when they fail to get rich soon with Bitcoin investment, it may lead them to sell their Bitcoin investment. It is someone that is trading Bitcoin for a short term profit that cares about understanding the strategy of the market, but someone who is investing in Bitcoin for the long term doesn't care about the strategy of the market; the person investing in Bitcoin for the long term should care about having discretionary income because he can use the DCA strategy to accumulate Bitcoin, and the DCA will help to reduce the volatility of Bitcoin in his Bitcoin portfolio.

[gracreavix]

The fact is , investing in Bitcoin with borrowed funds is not a wise decision because it is more of a long term strategy. Bitcoin requires time, patience, and composure, whereas debt entails pressure, deadlines, and interest. You will be stuck if you take out a loan in the hopes that the price of Bitcoin will increase quickly and it doesn't. You'll either have to sell at a loss or find it difficult to repay the debt. The entire concept of wise investing is destroyed by that kind of stress. Even if it's only a little sum, it's preferable to invest with money you won't need for a while. Consistency and mental tranquility are what count most. You can withstand fluctuations without becoming alarmed if your investment isn't linked to immediate financial requirements.

Taking loan to invest in bitcoin is not totally a bad idea. It is only a bad idea when there is no other means of paying back the loan expect from our bitcoin investment. Investors can decide to take loan to exploit market opportunities especially when there isn't an available funds to do so with the hope of paying back from other sources of income other than his bitcoin investment. So it will be wrong for an investor to take loan with the mindset of paying back from the profit his bitcoin investment has yielded as this is a very big mistake owing to the nature of bitcoin as being volatile.

It truly depends on the circumstances. Perhaps it is manageable if the borrower has a reliable source of income and can afford to pay back the loan without relying on Bitcoin's performance. However, because cryptocurrency can fluctuate greatly in either direction, the risk is still very high. Making wise decisions becomes more difficult when emotions get involved, particularly when using borrowed funds. For my part, I would rather gradually increase my portfolio using my own money than worry about loan repayments when the market is down. A risky shortcut is not worth the peace of mind.

[Joeboy]

If you can invest without loan money, then the market volatility will not touch you.

You don't have to confuse yourself and others....., Bitcoin volatilityy cannot be completely avoided whether an investor invests using that extra money( Discretionary income), or he invest using a loan. Volatilityy is a normal part of Bitcoin cycle that is why older investors aren't shakened or moved whenever there is a little price drop or fluctuation in the short term, cos they know that the value of Bitcoin unfolds gradually and gradually overtime. So it's in our best interest to live with Bitcoin volatilityy and use it to our advantage by investing with a long term mindset (4-10yrs+) rather than trying to escape volatility

Pardon my ignorance, but what is the difference between discretionary funds and income.

This has already been explained well in details by sir JJG, do well to refer back to it, here is the link:
https://bitcointalk.org/index.php?topic=5546384.msg65682467#msg65682467

[Grace333]

Maybe I should put it this way, expecting Bitcoin to make you rich overnight is just setting yourself up for stress.

Truly Bitcoin is not a get rich quick scheme, and this is one thing most newbies fails to understand, that's why they mostly approach bitcoin investment with the mindset of buying and selling prematurely thinking it's the best to to go about it, but it's not, you can't grow rich by investing in bitcoin with a short term minds.

Since no one can predict the exact timing of its moves, borrowing money to invest is almost like digging a hole for yourself.

How are you digging a hole for yourself when you are not paying back from your bitcoin investment?
Don't you understand that once your ability to pay back have nothing to do with the final outcome of your bitcoin investment, you have nothing to worry about?
Taking a loan to invest in bitcoin is not a problem as long as you have other source of repaying it back.

You don't have to say Bitcoin isn't a get rich quick scheme so you won't discourage some minds from investing into Bitcoin, as a newbie you have to understand the strategies of the market first before investing and investing for long-term benefits without selling is okay and advisable as a newbie who's into the market because long-term investments helps so much and build you well as a newbie understand how the market works.

Whether you want to accept it or not, the fact remains that Bitcoin investment isn't a get rich quick scheme, and it's very important to always let newbies know this before they start investing in Bitcoin so that they won't use all their money to invest in Bitcoin with the mindset that Bitcoin investment will make them rich overnight, and when they fail to get rich soon with Bitcoin investment, it may lead them to sell their Bitcoin investment.

I nor know why people Dey think say Bitcoin na some magic money machine were go make them rich in a few weeks, but it does not work that way..  Bitcoin takes time, it rewards patience, not rush or greed.. 
Newbies really need to understand that the real profit comes from holding long term and having the right mindset, not from chasing quick gains…

[liasbaa]

The fact is , investing in Bitcoin with borrowed funds is not a wise decision because it is more of a long term strategy. Bitcoin requires time, patience, and composure, whereas debt entails pressure, deadlines, and interest. You will be stuck if you take out a loan in the hopes that the price of Bitcoin will increase quickly and it doesn't. You'll either have to sell at a loss or find it difficult to repay the debt. The entire concept of wise investing is destroyed by that kind of stress. Even if it's only a little sum, it's preferable to invest with money you won't need for a while. Consistency and mental tranquility are what count most. You can withstand fluctuations without becoming alarmed if your investment isn't linked to immediate financial requirements.

Taking loan to invest in bitcoin is not totally a bad idea. It is only a bad idea when there is no other means of paying back the loan expect from our bitcoin investment. Investors can decide to take loan to exploit market opportunities especially when there isn't an available funds to do so with the hope of paying back from other sources of income other than his bitcoin investment. So it will be wrong for an investor to take loan with the mindset of paying back from the profit his bitcoin investment has yielded as this is a very big mistake owing to the nature of bitcoin as being volatile.

If you have a source of income, investing in Bitcoin will be an easy idea for you. You do not have to be very rich financially. If you have discretionary income at the end of the month, you are a qualified person to invest in Bitcoin. I do not think it is necessary to take a loan for investment. Many investors want to get very rich in a short time, so they take a loan for investment. You should consider taking a loan by considering the surrounding finances. I am saying that for the purpose for which you take a loan, if for some reason you cannot succeed there, do you have a backup source to repay the loan? If you do not have a backup to repay the loan, then the idea of ​​taking a loan is not right for you.
Not only in the matter of Bitcoin investment, you have to decide based on your means in every case, otherwise you are likely to make a wrong decision.

[GIF-JOBS]

In Bitcoin investment, the decision to invest with debt is wrong in most cases, because Bitcoin is a long-term investment, when we can hold it for at least 4 years or 8 to 12 years, then we can expect significant success from it, now the thing is when you invest in Bitcoin with debt, in that case you have to think about how long time before you have to repay that debt, when we can decide to hold 2 cycles in Bitcoin investment, then we will have a good chance of success, but if you take a loan and invest, and you do not have a separate arrangement to repay that debt, and when the time comes to repay the debt, and at that time if Bitcoin does not give you significant success, then how will you repay your debt?  Then if you do not pay your loan then your interest will continue to increase, as a result you will be forced to sell your holdings at a loss, so we must keep these things in mind, since Bitcoin is a long-term investment, so we should never use that money in this long-term journey that we have to pay or need before our goal is achieved. The amount of money of you invest and that could disturb your financial peace during your investment journey, that money should not be used in any way in a long-term investment, especially if you do not have a separate source for this financial council, you invest a small amount, but still use money that you can hold for the long term without any obstacles.

The fact is , investing in Bitcoin with borrowed funds is not a wise decision because it is more of a long term strategy. Bitcoin requires time, patience, and composure, whereas debt entails pressure, deadlines, and interest. You will be stuck if you take out a loan in the hopes that the price of Bitcoin will increase quickly and it doesn't. You'll either have to sell at a loss or find it difficult to repay the debt. The entire concept of wise investing is destroyed by that kind of stress. Even if it's only a little sum, it's preferable to invest with money you won't need for a while. Consistency and mental tranquility are what count most. You can withstand fluctuations without becoming alarmed if your investment isn't linked to immediate financial requirements.

I will always stand on, Borrowing money to invest in Bitcoin is like adding unnecessary pressure to something that already requires patience..  The market does not move on our own time, and when debt is involved, every dip starts to feel like a nightmare.  It is always better to grow gradually with your own funds, no matter how small. 
With that, you can hold strong during market swings without stressing about repayment or deadlines..  Peace of mind is just as important as profit in this game..

Investing in Bitcoin with a loan can definitely create a kind of mental stress in you, because since you have bought Bitcoin with the money of the loan, if the market shows instability and you see your money decreasing a little, then you can easily panic. Because then you will feel that you have to repay this loan, but if Bitcoin does not recover, then you will not be able to repay the loan, such thoughts will keep coming to you, as a result you may make wrong decisions. So if you do not have any separate source to repay the loan, then you should not decide to invest in Bitcoin with a loan, buy Bitcoin with money according to your ability to lose, even if it is a small amount, keep buying continuously, then you will be able to handle the market fluctuations with a cool head, and you will be able to hold it for a long time.

[Silikiem]

If so then it means you are actually proving my point without realizing it because the risk is still there. The whole idea of Bitcoin investment is long term, nobody can predict the short term moves. If you borrow money to invest, you have already created pressure on yourself because that loan has a fixed repayment time while Bitcoin does not move according to your timetable. Even if you claim to have another source of repayment, it defeats the purpose of investing because you are exposing yourself to double financial stress, managing debt and waiting for an uncertain return. That is why borrowing for Bitcoin is never ideal, it turns a long term play into a dangerous gamble.

Investing in Bitcoin with a loan puts your investment at greater risk. Those who are more experienced will never invest in Bitcoin with a loan. Especially those who have started investing for a few days, if they suddenly see that the price of Bitcoin has decreased slightly, they want to invest more money at once to buy more Bitcoin at a lower price. That is why they try to invest with a loan. But if you think a little deeper, you can think that this type of decision has the possibility of loss from profit and is full of high risk. If the value of Bitcoin suddenly decreases, then the investor will be in  loss. At that time, he also will have to pay the installment to repay the loan. In such a situation, if an emergency arises that requires a lot of money, he will be under a lot of pressure, then it will be seen that he will be forced to sell Bitcoin. So it is not right to invest by borrowing in any way. If you want to understand the details better, you can click on this link where an in-depth market analysis and explanation is provided.

Investing with a loan isn't a problem as long as you've a way of paying back the loan from your income and not depending on your Bitcoin investment to be able to pay back the loan.

TBH, I would still advise anyone to just stay away from loans if they can. The market is so unpredictable, and using borrowed money will definitely add extra pressure..
It is better to invest what you actually own so you do not end up stressing yourself for repayment if things don’t go as planned.. 

I think the only way I can advise someone to take a loan to invest in an assets that is highly volatile as bitcoin is only if the individual is not relying on his bitcoin investment to repay the loan if not, it’s never a good investment decision to get a loan to use and invest in an asset highly volatile as bitcoin with the hope that you’ll be able to get back that money from your bitcoin holdings to repay back the loan. At that instant, you’re no longer investing but gambling.

[Merit.s]

I nor know why people Dey think say Bitcoin na some magic money machine were go make them rich in a few weeks, but it does not work that way..  Bitcoin takes time, it rewards patience, not rush or greed.. 
Newbies really need to understand that the real profit comes from holding long term and having the right mindset, not from chasing quick gains…

When you have a long-term investment mindset in the beginning of your bitcoin investment is very helpful because it will eradicate that thought of selling quick for profit. This is why using your discretionary income to invest into bitcoin is very important because it will give you a rest of mind to continue buying and hodli overtime.

Anyone after quick profits after buying bitcoin is only a trader and not a long term investor. They will definitely regret their actions in future when they're left with very little bitcoin in their possession due to losses in the long run as a trader.

[Barrykbest]

If so then it means you are actually proving my point without realizing it because the risk is still there. The whole idea of Bitcoin investment is long term, nobody can predict the short term moves. If you borrow money to invest, you have already created pressure on yourself because that loan has a fixed repayment time while Bitcoin does not move according to your timetable. Even if you claim to have another source of repayment, it defeats the purpose of investing because you are exposing yourself to double financial stress, managing debt and waiting for an uncertain return. That is why borrowing for Bitcoin is never ideal, it turns a long term play into a dangerous gamble.

Investing in Bitcoin with a loan puts your investment at greater risk. Those who are more experienced will never invest in Bitcoin with a loan. Especially those who have started investing for a few days, if they suddenly see that the price of Bitcoin has decreased slightly, they want to invest more money at once to buy more Bitcoin at a lower price. That is why they try to invest with a loan. But if you think a little deeper, you can think that this type of decision has the possibility of loss from profit and is full of high risk. If the value of Bitcoin suddenly decreases, then the investor will be in  loss. At that time, he also will have to pay the installment to repay the loan. In such a situation, if an emergency arises that requires a lot of money, he will be under a lot of pressure, then it will be seen that he will be forced to sell Bitcoin. So it is not right to invest by borrowing in any way. If you want to understand the details better, you can click on this link where an in-depth market analysis and explanation is provided.

Investing with a loan isn't a problem as long as you've a way of paying back the loan from your income and not depending on your Bitcoin investment to be able to pay back the loan.

TBH, I would still advise anyone to just stay away from loans if they can. The market is so unpredictable, and using borrowed money will definitely add extra pressure..
It is better to invest what you actually own so you do not end up stressing yourself for repayment if things don’t go as planned.. 

True sha, The biggest issue with using loans for Bitcoin isn’t the idea itself, but the mindset behind it.
Most people don’t separate their investment capital from their debt, and that’s where it turns into gambling. If you already have stable income and you’re not depending on Bitcoin profits to pay back the loan, then it’s a calculated risk but still a tough one. In the long run, peace of mind and consistency beat leverage every time.

[Gost ms]

True sha, The biggest issue with using loans for Bitcoin isn’t the idea itself, but the mindset behind it.
Most people don’t separate their investment capital from their debt, and that’s where it turns into gambling. If you already have stable income and you’re not depending on Bitcoin profits to pay back the loan, then it’s a calculated risk but still a tough one. In the long run, peace of mind and consistency beat leverage every time.

Your comment is very vague. A person does not need a stable source of income to take a loan. If a person has a source of income, then he can take a loan. If a person has the ability to repay the loan, then there is nothing wrong with it. But first the person should see whether he can repay the loan or not. Many times it is seen that after the loan is gone, the source of income is gone, then you can use your funds to repay the loan. For example,

You can repay the funds that you have created to protect your holdings. It is better for a person to divide his funds into three levels, such as cash, reserve fund, emergency fund. If a person can divide his funds in this way, then he will be able to deal with his financial crises very easily.

[Qhunman]

If so then it means you are actually proving my point without realizing it because the risk is still there. The whole idea of Bitcoin investment is long term, nobody can predict the short term moves. If you borrow money to invest, you have already created pressure on yourself because that loan has a fixed repayment time while Bitcoin does not move according to your timetable. Even if you claim to have another source of repayment, it defeats the purpose of investing because you are exposing yourself to double financial stress, managing debt and waiting for an uncertain return. That is why borrowing for Bitcoin is never ideal, it turns a long term play into a dangerous gamble.

Investing in Bitcoin with a loan puts your investment at greater risk. Those who are more experienced will never invest in Bitcoin with a loan. Especially those who have started investing for a few days, if they suddenly see that the price of Bitcoin has decreased slightly, they want to invest more money at once to buy more Bitcoin at a lower price. That is why they try to invest with a loan. But if you think a little deeper, you can think that this type of decision has the possibility of loss from profit and is full of high risk. If the value of Bitcoin suddenly decreases, then the investor will be in  loss. At that time, he also will have to pay the installment to repay the loan. In such a situation, if an emergency arises that requires a lot of money, he will be under a lot of pressure, then it will be seen that he will be forced to sell Bitcoin. So it is not right to invest by borrowing in any way. If you want to understand the details better, you can click on this link where an in-depth market analysis and explanation is provided.

Investing with a loan isn't a problem as long as you've a way of paying back the loan from your income and not depending on your Bitcoin investment to be able to pay back the loan.

TBH, I would still advise anyone to just stay away from loans if they can. The market is so unpredictable, and using borrowed money will definitely add extra pressure..
It is better to invest what you actually own so you do not end up stressing yourself for repayment if things don’t go as planned.. 

I think the only way I can advise someone to take a loan to invest in an assets that is highly volatile as bitcoin is only if the individual is not relying on his bitcoin investment to repay the loan if not, it’s never a good investment decision to get a loan to use and invest in an asset highly volatile as bitcoin with the hope that you’ll be able to get back that money from your bitcoin holdings to repay back the loan. At that instant, you’re no longer investing but gambling.

Good advice. The worst of all is that some persons takes this loans just to trade it in Bitcoin believing to repay back from the profits gotten from their trades. I have encountered a dude who was on social lamenting how he  lost everything he had to trading. I think it's a wrong decision for anyone to seek out loans with the intentions to used it for trading because they might end up losing all those borrowed funds in trading which will put them in a more messy situation than when they hadn't took the loan. Someone that doesn't have another source as an alternative to repay his  loan should avoid borrowing it to avoid getting into bigger problems.

[Barikui1]

True sha, The biggest issue with using loans for Bitcoin isn’t the idea itself, but the mindset behind it.
Most people don’t separate their investment capital from their debt, and that’s where it turns into gambling. If you already have stable income and you’re not depending on Bitcoin profits to pay back the loan, then it’s a calculated risk but still a tough one. In the long run, peace of mind and consistency beat leverage every time.

When taking a loan to invest in Bitcoin, their are  things to consider before accepting it, is the terms and conditions for the loan, if it's friendly or not, like the interest rate is on the lower side and it can be paid back through installment. If that's the case, then it's not a bad idea because you can easily pay back the loan from your paycheck once it comes, where most Bitcoin investors are getting it wrong is from the beginning, they think that they will be repaying it back from their Bitcoin investment which is not the case, but once they realize  that it is not how things like that works, they will start seeing  it differently.

[Nightwatchmare]

If you can invest without loan money, then the market volatility will not touch you.

The market volatility is part of Bitcoin, and whether you invest in Bitcoin with your discretionary income or with borrowed money, you can't totally avoid the market volatility because it happens from time to time. But you can only reduce the market volatility in your Bitcoin investment if you are accumulating Bitcoin with the DCA strategy because the DCA strategy allows you to buy Bitcoin at different intervals. If the Bitcoin price drops, the DCA strategy will allow you to buy Bitcoin at that time, and it will help to reduce the market volatility in your Bitcoin investment.

Pardon my ignorance, but what is the difference between discretionary funds and income.

Income is the amount of money you received for a work done, while discretionary income is the leftover money from your income after you have solved your weekly or monthly expenses.

[Finebone]

Pardon my ignorance, but what is the difference between discretionary funds and income.

Income is the amount of money you received for a work done, while discretionary income is the leftover money from your income after you have solved your weekly or monthly expenses.

I don't think that you explained this in a better understanding or in the right manner.
He asked what's the difference between a discretionary income and a discretionary funds.
In my own understanding they are basically the same thing, just that for continuous investment in bitcoin, for consistent accumulation you call it income, but that moment it's available that you want to invest it in bitcoin, it's called discretionary funds.
I would really be pleased if sir jayjuangee comes and throw more light on this for a better understanding if he wishes.

[AYOBA]

If you can invest without loan money, then the market volatility will not touch you.

The market volatility is part of Bitcoin, and whether you invest in Bitcoin with your discretionary income or with borrowed money, you can't totally avoid the market volatility because it happens from time to time. But you can only reduce the market volatility in your Bitcoin investment if you are accumulating Bitcoin with the DCA strategy because the DCA strategy allows you to buy Bitcoin at different intervals. If the Bitcoin price drops, the DCA strategy will allow you to buy Bitcoin at that time, and it will help to reduce the market volatility in your Bitcoin investment.

In this case, that's why it's not advisable for someone to invest in Bitcoin with borrowed money. Because the market can change at any time, and once the market changes, the person can definitely lose the money they invest in the bitcoin, and the moment he/she loses all their money, they face so many challenges because they will give them time from when they take this loan, and once the time is reached, they are not going to take any excuse.

That is why it is good for anyone who has an interest in investing in Bitcoin; they should wait for the right time then go and borrow money, which is a big risk, but they will think that it will favor them. The bitcoin investment is open for each and everyone, both those that have enough money to start and those that have a little amount of money, and since the DCA method is one of the best strategies, it has become easy to accumulate bitcoin with any amount of money.

[liasbaa]

Pardon my ignorance, but what is the difference between discretionary funds and income.

Income is the amount of money you received for a work done, while discretionary income is the leftover money from your income after you have solved your weekly or monthly expenses.

I don't think that you explained this in a better understanding or in the right manner.
He asked what's the difference between a discretionary income and a discretionary funds.
In my own understanding they are basically the same thing, just that for continuous investment in bitcoin, for consistent accumulation you call it income, but that moment it's available that you want to invest it in bitcoin, it's called discretionary funds.
I would really be pleased if sir jayjuangee comes and throw more light on this for a better understanding if he wishes.

I think I can explain it.
Discretionary income is a part of your income from a source of income such as a job or a business. The amount of money that is left over after you meet your personal needs from this source of income is discretionary income. Investors accumulation Bitcoin through this fund. You don't have to own a lot of assets to hold Bitcoin, you just have to have a discretionary income.

Suppose you are not earning yet but you get a budget allocated for your studies every week from a source from your parents. You are able to save some amount of money from that allocated money for Bitcoin accumulation. The amount of money that you are able to save at the end of the month is the discretionary fund. This is a temporary fund through which you can initially start accumulation Bitcoin until you find permanent employment and Permanent Income Arrangement.

I think I was able to explain you correctly.

[Alonso_]

.                       I agree with you. It’s never a good decision to borrow in order to invest in bitcoin. Bitcoin investment shouldn’t come with pressure, rather when all your essential bills are being taken care of, then you can invest with what’s left in order not to panic so much when Bitcoin dips. Instead of borrowing to buy Bitcoin, you rather buy small amounts either on a weekly or monthly basis, and keep accumulate for some couple of years.

Well there is nothing essential with borrowing money to invest into bitcoin, but I really think that if we feel comfortable with borrowing money to invest in bitcoin that would be a very big problem for us, and also if we have a means of paying back our loans which I think isn’t a very big problem, the only problem I think is when we can’t even pay our loans or a means of paying back does it mean that we have no choice but to access our Bitcoin, which wouldn’t be a very good plan if we didn’t have a means of paying our loans or mortgage.

Instead we can keep accumulating little by little with our discretionary income.