Balancing Financial security and Bitcoin Accumulation

[Qhunman]

If someone is unable to figure out discretionary income to invest from

They simply shouldn't invest in bitcoin otherwise they are just gambling. If you don't have any remaining fund after you have covered for your basic needs,then don't invest because if you do otherwise because you think it won't have a negative effects on your accumulation,watch how you will sell back your bitcoin investments to sort out those basic needs you tried to neglect. You will certainly sell your bitcoin sooner or later whether you like it or not,that is because you can't survive without your basic needs.
If you don't have discretionary income,the truth is you shouldn't buy, pause your accumulation untill you are able to figure out your discretionary income to invest, when you have discretionary income available,then you can continue with your accumulation.

[Cgrexp]

Investment is one strategic thing many don't know it take a lion heart of an investor to engage on such , problem of many today is not centered on income but issues, problem and challenges keep multiplying when there some sources of income , secondly the high level of comfort human seek, change towards their income make then not meeting up to identify what their discretionary income would have been towards their investment, I would show some practical instance where an income earners believe to enjoy their labour before investment who have the ability or capacity to render discretionary income worthless or useless where it can't serve the purpose
All stated plan work effective if the person is ready to take the risk and denial itself of certain pleasure and focus on what aid to yeild more fruit on its investment.

Courage may be required in investing. To stick to your plan during times of uncertainty and price decline in the market. But  understand your financial capacity  and risk tolerance is also important . Investing does not mean that you have to give up all the pleasures or necessary expenses of life. What is important is how the money that is left over after meeting the necessary expenses is divided. A part of that money can be invested, a part for urgent needs and some part for personal consumption as needed. This can continue to invest and you do not have to completely abandon your current lifestyle. There is no guarantee that taking more risk will yield more benefits. The most important thing for investment success is to create surplus money, invest a part of that money regularly and take risks within your capabilities.

[Joeboy]

They simply shouldn't invest in bitcoin otherwise they are just gambling. If you don't have any remaining fund after you have covered for your basic needs,then don't invest because if you do otherwise because you think it won't have a negative effects on your accumulation,watch how you will sell back your bitcoin investments to sort out those basic needs you tried to neglect. You will certainly sell your bitcoin sooner or later whether you like it or not,that is because you can't survive without your basic needs.
If you don't have discretionary income,the truth is you shouldn't buy, pause your accumulation untill you are able to figure out your discretionary income to invest, when you have discretionary income available,then you can continue with your accumulation.

The best way around situations like this is either by cutting down on your expenses or simply by figuring out other ways of generating income... At times folks tend to overspend their money on rather irrelevant things/or expensive lifestyle that they could actually do without..In such cases, cutting down on those expenses could free up some money which the investors can convert as his discretionary income..Yet again if an individual is already living within their means but still have no discretionary income after sorting out their basic needs and responsibility, then increasing their income could prove useful...And that can be done by taking on side jobs, learning a skill which could start bringing income...When all this are done, the investor can very well kickstart using the extra money realized... The size of your discretionary income should never be a barrier to investing ..And so even if the amount is small at the start, the investment should still go on regardless..

[Chinesebaby]

Investment is one strategic thing many don't know it take a lion heart of an investor to engage on such , problem of many today is not centered on income but issues, problem and challenges keep multiplying when there some sources of income , secondly the high level of comfort human seek, change towards their income make then not meeting up to identify what their discretionary income would have been towards their investment, I would show some practical instance where an income earners believe to enjoy their labour before investment who have the ability or capacity to render discretionary income worthless or useless where it can't serve the purpose
All stated plan work effective if the person is ready to take the risk and denial itself of certain pleasure and focus on what aid to yeild more fruit on its investment.

One important thing you need to understand about life is that both personal problems & family problems never always finish in life, and the more money you earn, the more these problems will tend to increase proportionally also with it. And as such, it only takes an individual who has self-control and the willingness to invest to be able to do so, despite how problems seem to increase with income. And secondly, investing comes with sacrifices, because it takes only an individual who is able to sacrifice immediate pleasure to be able to invest, because without that, it can never be possible to achieve success with discretionary income.

[Qhunman]

And secondly, investing comes with sacrifices, because it takes only an individual who is able to sacrifice immediate pleasure to be able to invest, because without that, it can never be possible to achieve success with discretionary income.

In life certain sacrifice has to be made and even so, that doesn't mean we cannot enjoy life pleasures because we invested in bitcoin. Bitcoin investing doesn't stop one from enjoying the pleasure of life at their convenience, you can be investing at the same time engage yourself in activities that pleases you. You can make you use of your discretionary consumption to buy those things that you enjoy, this way you can balance your expenses without disturbing your finance. Your discretionary consumption is a segment of your discretionary income and the essence of it is to cover for your discretionary spendings like partying, clubbing and other petty consumables. So while a section of your discretionary income is use to dca consistently,the other section of it which is your discretionary consumption can be used to cover for your pleasurable spendings,this way you won't have to deny yourself the things you enjoy doing while investing in bitcoin.

[Saltysugar99]

And secondly, investing comes with sacrifices, because it takes only an individual who is able to sacrifice immediate pleasure to be able to invest, because without that, it can never be possible to achieve success with discretionary income.

In life certain sacrifice has to be made and even so, that doesn't mean we cannot enjoy life pleasures because we invested in bitcoin. Bitcoin investing doesn't stop one from enjoying the pleasure of life at their convenience, you can be investing at the same time engage yourself in activities that pleases you. You can make you use of your discretionary consumption to buy those things that you enjoy, this way you can balance your expenses without disturbing your finance. Your discretionary consumption is a segment of your discretionary income and the essence of it is to cover for your discretionary spendings like partying, clubbing and other petty consumables. So while a section of your discretionary income is use to dca consistently,the other section of it which is your discretionary consumption can be used to cover for your pleasurable spendings,this way you won't have to deny yourself the things you enjoy doing while investing in bitcoin.

I agree that investing in Bitcoin does not mean making life a punishment. There must be some sacrifices. But sacrifice and reduce expenses for your future financial security are not the same thing. If a person accumulates in such a way that he completely stops entertainment, family activities, occasional travel, good food or some reasonable purchases for himself then that plan may become psychologically unsustainable after a few years. Because a person needs some entertainment in life to be mentally at peace or extra expenses to be well. However, I do not think it is right that the entire discretionary income should be allocated only for entertainment or spent on a luxurious lifestyle. Life should be enjoyed but that expenditure cannot be made in a way that causes losses in the future. Maybe when you are making money you have spent everything on entertainment activities. Then there will be nothing for your future financial security. Then you will have to run after income for the rest of your life. But if you reduce your expenses a little and invest in Bitcoin, it can give you financial security in the future. You may not have to worry so much about future cashflow. Holding Bitcoin can provide you with that financial security. That is why I would call an investor more sensible who allocates his discretionary income to investment, backup and enjoyment. Ultimately Bitcoin is being accumulated for future freedom. If you make your present life completely miserable while pursuing that freedom then the strategy itself is contradictory. Again consuming all your discretionary income in present enjoyment will not create future freedom.

[Nwaswago]

And secondly, investing comes with sacrifices, because it takes only an individual who is able to sacrifice immediate pleasure to be able to invest, because without that, it can never be possible to achieve success with discretionary income.

In life certain sacrifice has to be made and even so, that doesn't mean we cannot enjoy life pleasures because we invested in bitcoin. Bitcoin investing doesn't stop one from enjoying the pleasure of life at their convenience, you can be investing at the same time engage yourself in activities that pleases you. You can make you use of your discretionary consumption to buy those things that you enjoy, this way you can balance your expenses without disturbing your finance. Your discretionary consumption is a segment of your discretionary income and the essence of it is to cover for your discretionary spendings like partying, clubbing and other petty consumables. So while a section of your discretionary income is use to dca consistently,the other section of it which is your discretionary consumption can be used to cover for your pleasurable spendings,this way you won't have to deny yourself the things you enjoy doing while investing in bitcoin.

I agree that investing often requires some sacrifice, but I think the key is discipline rather than completely denying yourself immediate pleasure. If every bit of discretionary income is spent on short-term enjoyment, it can become difficult to maintain a consistent investment plan. At the same time, investing shouldn't mean putting every available naira into Bitcoin and forgetting about enjoying life. A better approach is to set a clear allocation beforehand, decide how much goes toward investing and how much remains available for personal enjoyment. Once the investment amount has been set aside, you can spend the remainder without feeling guilty or disturbing your plan. For me, the real danger is not enjoying yourself; it's allowing temporary wants to repeatedly override long-term goals. Consistency requires knowing what you can afford to spend today while still protecting what you're building for tomorrow.

[JoyceBTC]

If someone is unable to figure out discretionary income to invest from

They simply shouldn't invest in bitcoin otherwise they are just gambling. If you don't have any remaining fund after you have covered for your basic needs,then don't invest because if you do otherwise because you think it won't have a negative effects on your accumulation,watch how you will sell back your bitcoin investments to sort out those basic needs you tried to neglect. You will certainly sell your bitcoin sooner or later whether you like it or not,that is because you can't survive without your basic needs.
If you don't have discretionary income,the truth is you shouldn't buy, pause your accumulation untill you are able to figure out your discretionary income to invest, when you have discretionary income available,then you can continue with your accumulation.

Exactly the right thing to do and on the other hand if you look at it, for someone who wants to invest and is unable to come up with a discretionary funds, it shows that you’re actually not even leaving comfortable with what you earn and might be struggling. So going ahead to invest with the money meant for needs is like entrapping yourself in a more tight situation because if need comes for that money and you end up selling your bitcoin to solve your issue at end, you might even be selling below the purchase price, making you sell at loss and at the end you get even lower funds than the initial funds, which might not be able to even settle issue at hand again.

[Gravitypull$]

Exactly the right thing to do and on the other hand if you look at it, for someone who wants to invest and is unable to come up with a discretionary funds, it shows that you’re actually not even leaving comfortable with what you earn and might be struggling. So going ahead to invest with the money meant for needs is like entrapping yourself in a more tight situation because if need comes for that money and you end up selling your bitcoin to solve your issue at end, you might even be selling below the purchase price, making you sell at loss and at the end you get even lower funds than the initial funds, which might not be able to even settle issue at hand again.

Someone without a discretionary income should look for a second means of income and also cut down his expenses if he has the interest to buy bitcoin and build his bitcoin stash overtime because if you just sit down doing nothing hoping that manners will fall from above in order for you to have extra money to invest, you will remain in that condition.

If you get a second means of income by getting a second job or learn an additional skills, any income from your second job can be used as your discretionary income and that will enable buy bitcoin weekly continuously overtime. Time waits for no one and delay is dangerous when it comes to bitcoin investment which is the reason why you have to act fast and stop procrastinating.

[Hardyrobust]

If someone is unable to figure out discretionary income to invest from

They simply shouldn't invest in bitcoin otherwise they are just gambling. If you don't have any remaining fund after you have covered for your basic needs,then don't invest because if you do otherwise because you think it won't have a negative effects on your accumulation,watch how you will sell back your bitcoin investments to sort out those basic needs you tried to neglect. You will certainly sell your bitcoin sooner or later whether you like it or not,that is because you can't survive without your basic needs.
If you don't have discretionary income,the truth is you shouldn't buy, pause your accumulation untill you are able to figure out your discretionary income to invest, when you have discretionary income available,then you can continue with your accumulation.

Exactly the right thing to do and on the other hand if you look at it, for someone who wants to invest and is unable to come up with a discretionary funds, it shows that you’re actually not even leaving comfortable with what you earn and might be struggling. So going ahead to invest with the money meant for needs is like entrapping yourself in a more tight situation because if need comes for that money and you end up selling your bitcoin to solve your issue at end, you might even be selling below the purchase price, making you sell at loss and at the end you get even lower funds than the initial funds, which might not be able to even settle issue at hand again.

I think a good financial management will probably help those that aren't able to generate discretionary income,  because most people are unable to generate discretionary income not because of not living a comfortable lives but due to poor financial management. With a good financial management they can be able to cut down some unnecessary spending. Morealso, those that may not have discretionary income can always look for ways to increase their income. Therefore you must not necessarily be leaving a comfortable life before you can invest in bitcoin.

[JayJuanGee]

And secondly, investing comes with sacrifices, because it takes only an individual who is able to sacrifice immediate pleasure to be able to invest, because without that, it can never be possible to achieve success with discretionary income.

In life certain sacrifice has to be made and even so, that doesn't mean we cannot enjoy life pleasures because we invested in bitcoin. Bitcoin investing doesn't stop one from enjoying the pleasure of life at their convenience, you can be investing at the same time engage yourself in activities that pleases you. You can make you use of your discretionary consumption to buy those things that you enjoy, this way you can balance your expenses without disturbing your finance. Your discretionary consumption is a segment of your discretionary income and the essence of it is to cover for your discretionary spendings like partying, clubbing and other petty consumables. So while a section of your discretionary income is use to dca consistently,the other section of it which is your discretionary consumption can be used to cover for your pleasurable spendings,this way you won't have to deny yourself the things you enjoy doing while investing in bitcoin.

By definition if you are investing in bitcoin, then you are likely discretionarily consuming less, and you are likely also saving more, so there is no free lunch. Investing tends to take sacrifice, whether we are talking about bitcoin and/or any other investment, and even if we might strive to make our various investments enjoyable or bearable, there are certain costs with them, and likely even more costs in proportion for guys who have relatively low discretionary income. 

Surely guys who are able to increase their discretionary income, they likely will be more comfortable, even while they are investing, yet how much suffering and/or pain that anyone endures through their investing likely relate to a variety of factors and likely are more challenging to organize and endure when the discretionary income amounts are low.. which surely might be part of the explanation regarding why so many folks suggest that bitcoin investors should work towards figuring out ways to increase their discretionary income so that they have more funds to invest and more funds to work with on a weekly basis (or however frequent might be their investing timeline).

[Nwaswago]

Exactly the right thing to do and on the other hand if you look at it, for someone who wants to invest and is unable to come up with a discretionary funds, it shows that you’re actually not even leaving comfortable with what you earn and might be struggling. So going ahead to invest with the money meant for needs is like entrapping yourself in a more tight situation because if need comes for that money and you end up selling your bitcoin to solve your issue at end, you might even be selling below the purchase price, making you sell at loss and at the end you get even lower funds than the initial funds, which might not be able to even settle issue at hand again.

Someone without a discretionary income should look for a second means of income and also cut down his expenses if he has the interest to buy bitcoin and build his bitcoin stash overtime because if you just sit down doing nothing hoping that manners will fall from above in order for you to have extra money to invest, you will remain in that condition.

If you get a second means of income by getting a second job or learn an additional skills, any income from your second job can be used as your discretionary income and that will enable buy bitcoin weekly continuously overtime. Time waits for no one and delay is dangerous when it comes to bitcoin investment which is the reason why you have to act fast and stop procrastinating.

I agree with the main point, especially that investing should never come at the expense of meeting basic needs. But I’d be careful with the idea that someone should simply “act fast” because time is passing. Bitcoin will always have another price, but financial pressure can force poor decisions. If someone has no surplus after essential expenses, the priority should be improving their financial position first—whether through reducing unnecessary expenses, developing a skill, or finding an additional income source. Once there is genuine surplus, even a small amount can be invested consistently. The goal isn't to enter Bitcoin as quickly as possible; it's to enter in a way you can sustain without being forced to sell when life demands the money. That is what makes accumulation a strategy rather than a financial burden.

[The Founding Titan]

In life certain sacrifice has to be made and even so, that doesn't mean we cannot enjoy life pleasures because we invested in bitcoin. Bitcoin investing doesn't stop one from enjoying the pleasure of life at their convenience, you can be investing at the same time engage yourself in activities that pleases you. You can make you use of your discretionary consumption to buy those things that you enjoy, this way you can balance your expenses without disturbing your finance. Your discretionary consumption is a segment of your discretionary income and the essence of it is to cover for your discretionary spendings like partying, clubbing and other petty consumables. So while a section of your discretionary income is use to dca consistently,the other section of it which is your discretionary consumption can be used to cover for your pleasurable spendings,this way you won't have to deny yourself the things you enjoy doing while investing in bitcoin.

By definition if you are investing in bitcoin, then you are likely discretionarily consuming less, and you are likely also saving more, so there is no free lunch. Investing tends to take sacrifice, whether we are talking about bitcoin and/or any other investment, and even if we might strive to make our various investments enjoyable or bearable, there are certain costs with them, and likely even more costs in proportion for guys who have relatively low discretionary income. 

Before most people started investing in bitcoin (assuming they didn't have any other investment going) their discretionary income served only 2 purposes, saving and discretionary consumption, it's obvious that the decision to invest in bitcoin will have led to a reduction in their discretionary consumption, even affected how much they were able to save from their discretionary income.
These sacrifices are a part of life, even for someone who was able to generate more discretionary income the sacrifice will still be there because if an increase in discretionary income leads to an increase in how much they invest with then that just means the money couldn't go to their discretionary consumption, it might have had it's own increase but not as much as it would have without the investment taking some of the money. One thing I will say to anyone who cares to listen is that, that sacrifice is worth it.

[Bitcoin Maxi]

Someone without a discretionary income should look for a second means of income and also cut down his expenses if he has the interest to buy bitcoin and build his bitcoin stash overtime because if you just sit down doing nothing hoping that manners will fall from above in order for you to have extra money to invest, you will remain in that condition.

If you get a second means of income by getting a second job or learn an additional skills, any income from your second job can be used as your discretionary income and that will enable buy bitcoin weekly continuously overtime. Time waits for no one and delay is dangerous when it comes to bitcoin investment which is the reason why you have to act fast and stop procrastinating.

I agree with the main point, especially that investing should never come at the expense of meeting basic needs. But I’d be careful with the idea that someone should simply “act fast” because time is passing. Bitcoin will always have another price, but financial pressure can force poor decisions. If someone has no surplus after essential expenses, the priority should be improving their financial position first—whether through reducing unnecessary expenses, developing a skill, or finding an additional income source. Once there is genuine surplus, even a small amount can be invested consistently. The goal isn't to enter Bitcoin as quickly as possible; it's to enter in a way you can sustain without being forced to sell when life demands the money. That is what makes accumulation a strategy rather than a financial burden.

Financial pressure has been one of the reasons why investors are ending up selling their Bitcoin portfolio so that they can meet up with the demand on their neck. This has been the main reason why investors need to build emergency fund so that in time like this, they can have available funds they can take from to solve problems that can look very urgent to handle.
Everything about investing should be based on conscious mindset and investors should be knowledgeable to know when to take certain decisions if they want to invest without being in a haste.

[POPOLUV]

Someone without a discretionary income should look for a second means of income and also cut down his expenses if he has the interest to buy bitcoin and build his bitcoin stash overtime because if you just sit down doing nothing hoping that manners will fall from above in order for you to have extra money to invest, you will remain in that condition.

If you get a second means of income by getting a second job or learn an additional skills, any income from your second job can be used as your discretionary income and that will enable buy bitcoin weekly continuously overtime. Time waits for no one and delay is dangerous when it comes to bitcoin investment which is the reason why you have to act fast and stop procrastinating.

I agree with the main point, especially that investing should never come at the expense of meeting basic needs. But I’d be careful with the idea that someone should simply “act fast” because time is passing. Bitcoin will always have another price, but financial pressure can force poor decisions. If someone has no surplus after essential expenses, the priority should be improving their financial position first—whether through reducing unnecessary expenses, developing a skill, or finding an additional income source. Once there is genuine surplus, even a small amount can be invested consistently. The goal isn't to enter Bitcoin as quickly as possible; it's to enter in a way you can sustain without being forced to sell when life demands the money. That is what makes accumulation a strategy rather than a financial burden.

Financial pressure has been one of the reasons why investors are ending up selling their Bitcoin portfolio so that they can meet up with the demand on their neck. This has been the main reason why investors need to build emergency fund so that in time like this, they can have available funds they can take from to solve problems that can look very urgent to handle.
Everything about investing should be based on conscious mindset and investors should be knowledgeable to know when to take certain decisions if they want to invest without being in a haste.

Let the truth be told here, so with my observation so far, i have come up with my conclusion that even when an investors start building up his investment with discretionary income at early stages, if such person doesn't have the discipline when it comes to saving money or remove his mindset of allowing his money to yield success, such investors can still sell their Bitcoin off, because there are people that doesn't rest until they are satisfied that have spend all the money they, so my brother you see this pressure that might come from any area of life to challenge you, to over come such situation will need to plan ahead of our investment (sort out your emergency fund) and strong our mind on clining our investment and to sell prematurely.

[Grease5000]

Investment is one strategic thing many don't know it take a lion heart of an investor to engage on such , problem of many today is not centered on income but issues, problem and challenges keep multiplying when there some sources of income , secondly the high level of comfort human seek, change towards their income make then not meeting up to identify what their discretionary income would have been towards their investment, I would show some practical instance where an income earners believe to enjoy their labour before investment who have the ability or capacity to render discretionary income worthless or useless where it can't serve the purpose
All stated plan work effective if the person is ready to take the risk and denial itself of certain pleasure and focus on what aid to yeild more fruit on its investment.

Investment requires discipline, it is not  only about having a  lion heart or  denying yourself every enjoyment. The real issue is knowing the difference between your needs, your wants, and your discretionary income.

If someone earns $1000 every month and after food, rent, transport and other important expenses has $200 left, that $200 can be shared between investment, savings and some personal enjoyment. But if the person increases spending simply because income increased, the money that could have been invested may disappear. So the real strategy is control your lifestyle while increasing your income, so your investment money can grow consistently.

So for me, successful investing  about balance, discipline and making sure the money going into investment is money we can afford to leave there for the long term.

[ZeroVinsonN]

I agree with the main point, especially that investing should never come at the expense of meeting basic needs. But I’d be careful with the idea that someone should simply “act fast” because time is passing. Bitcoin will always have another price, but financial pressure can force poor decisions. If someone has no surplus after essential expenses, the priority should be improving their financial position first—whether through reducing unnecessary expenses, developing a skill, or finding an additional income source. Once there is genuine surplus, even a small amount can be invested consistently. The goal isn't to enter Bitcoin as quickly as possible; it's to enter in a way you can sustain without being forced to sell when life demands the money. That is what makes accumulation a strategy rather than a financial burden.

I agree with you but I think I should point out that people shouldn't make the mistake of unnecessary delay, sometimes out of fear of maybe making a mistake people intentionally delay their investment even when they already have the discretionary income needed to invest with (that's the surplus), cutting down on your expenses and maybe even looking for other ways to make more money so you can in turn generate more discretionary income are all the right moves but after doing these and the discretionary income is already there, you don't have to buy too much at once, as long as you can afford it then you can buy bitcoin by bit.

[cxtreenal]

Someone without a discretionary income should look for a second means of income and also cut down his expenses if he has the interest to buy bitcoin and build his bitcoin stash overtime because if you just sit down doing nothing hoping that manners will fall from above in order for you to have extra money to invest, you will remain in that condition.

If you get a second means of income by getting a second job or learn an additional skills, any income from your second job can be used as your discretionary income and that will enable buy bitcoin weekly continuously overtime. Time waits for no one and delay is dangerous when it comes to bitcoin investment which is the reason why you have to act fast and stop procrastinating.

I agree with the main point, especially that investing should never come at the expense of meeting basic needs. But I’d be careful with the idea that someone should simply “act fast” because time is passing. Bitcoin will always have another price, but financial pressure can force poor decisions. If someone has no surplus after essential expenses, the priority should be improving their financial position first—whether through reducing unnecessary expenses, developing a skill, or finding an additional income source. Once there is genuine surplus, even a small amount can be invested consistently. The goal isn't to enter Bitcoin as quickly as possible; it's to enter in a way you can sustain without being forced to sell when life demands the money. That is what makes accumulation a strategy rather than a financial burden.

Financial pressure has been one of the reasons why investors are ending up selling their Bitcoin portfolio so that they can meet up with the demand on their neck. This has been the main reason why investors need to build emergency fund so that in time like this, they can have available funds they can take from to solve problems that can look very urgent to handle.
Everything about investing should be based on conscious mindset and investors should be knowledgeable to know when to take certain decisions if they want to invest without being in a haste.

You should understand the financial pressure in advance before proceeding with Bitcoin investment. If you are in a tight financial situation, you should accumulate Bitcoin with a small amount of funds. You should remember that meeting your daily family needs is the main responsibility. Accumulation Bitcoin regularly through discretionary income is another responsibility for creating future wealth. Instead of accumulation Bitcoin with the entire amount of discretionary income, keep a large part of it for Bitcoin. Build an emergency fund and another fund in the form of cash with the remaining part. Despite having the financial capacity to buy a large amount of Bitcoin, you should keep cash flow in hand and accumulate Bitcoin with the majority of that available fund.

[Sunshine1525]

(Snip)

I agree with you but I think I should point out that people shouldn't make the mistake of unnecessary delay, sometimes out of fear of maybe making a mistake people intentionally delay their investment even when they already have the discretionary income needed to invest with (that's the surplus), cutting down on your expenses and maybe even looking for other ways to make more money so you can in turn generate more discretionary income are all the right moves but after doing these and the discretionary income is already there, you don't have to buy too much at once, as long as you can afford it then you can buy bitcoin by bit.

Delay can be understandable when there's no source of income or available discretionary funds but whereby the discretionary fund is intact then it becomes procrastination cause the discretionary funds is what's needed to start an investment, sustaining can come on the long run by reducing expenses or getting more income sources so the discretionary income can be increased.

An investment is based on ones income and what's available for the discretionary funds but if someone find it necessary to channel more funds to the investment then some important drastic measures like cutting cost extra activities like entertainment and so should be taken seriously if the investor find it tough to generate more funds.

[Rhow]

Exactly the right thing to do and on the other hand if you look at it, for someone who wants to invest and is unable to come up with a discretionary funds, it shows that you’re actually not even leaving comfortable with what you earn and might be struggling. So going ahead to invest with the money meant for needs is like entrapping yourself in a more tight situation because if need comes for that money and you end up selling your bitcoin to solve your issue at end, you might even be selling below the purchase price, making you sell at loss and at the end you get even lower funds than the initial funds, which might not be able to even settle issue at hand again.

Someone without a discretionary income should look for a second means of income and also cut down his expenses if he has the interest to buy bitcoin and build his bitcoin stash overtime because if you just sit down doing nothing hoping that manners will fall from above in order for you to have extra money to invest, you will remain in that condition.

If you get a second means of income by getting a second job or learn an additional skills, any income from your second job can be used as your discretionary income and that will enable buy bitcoin weekly continuously overtime. Time waits for no one and delay is dangerous when it comes to bitcoin investment which is the reason why you have to act fast and stop procrastinating.

Delaying savings despite being interested in Bitcoin can be bad. But starting with the wrong amount is even worse, because in doing so, a person may be weakening his own financial situation. So the main thing is that an investor should consider whether he has discretionary income, even if it is low. If he has a small amount of discretionary income after meeting all the necessary expenses, then he can start small. But if someone does not have any discretionary income at all and is struggling to meet his expenses, then he should not buy Bitcoin just because he is interested. First, he should increase his income or reduce his expenses. Because if someone buys Bitcoin today with money he needs just out of interest, he may be forced to sell it later to meet the same need. Especially if there is a decline in the market at that time, the loss will increase even more.