Low or high discretionary income in bitcoin investment.

[summonerrk]

If you have low discretionary income or high discretionary income it those not really determine your success in bitcoin investment what determines your success is your determination, patience and consistency.
You may have a low discretionary income but your determination, patience and consistency in using it to accumulate bitcoin regularly can make you become successful in bitcoin investment However, you can have a higher discretionary income but if you are not consistent in your accumulation you won’t succeed.

So what really matters is not the amount of discretionary income you have what matters is your determination, patience and consistency.
Those with low discretionary income don’t feel you can’t achieve anything in your bitcoin journey just be consistent and have patience and you will get there, trust me.

Every potential investor should be well aware of how much free funds they have left by the end of the month. He must know all the average values of his income and expenses, using either spending and earnings statistics from bank suspicion, or compile it manually in excel or special applications. Because it doesn't make sense to invest what will be withdrawn within a month to buy food or pay house bills. This is important to understand because you need to try to have extra income that allows you to absolutely firmly hold trading positions or accumulate in Bitcoin without withdrawing this asset from your invested turnover.

[SquirrelJulietGarden]

On the other hand though, if you are disciplined and playing the long game but don't have that much capital to invest which in this case is low discretionary income, you will hit ceiling very fast.
You will realize that your capital is not enough and investing little amount of money bits by bits is waste of time.

For maximum effect you need both high discretionary income and the discipline. If you are a rich guy, even better. You can invest and forget. Most people do this successfully.

Considering investment is long term, I don't think that investing with little amount of money gradually with time is a waste of time. If it is the best as you can do, it's the best for your bitcoin investment and accumulation. Even so, if through your experience, you actually feel that Bitcoin is a good investment asset, you will likely have bigger motivation over time to work harder in order to get bigger discretionary income.

It needs time for you to gain experience, get profit from your investment so that you won't satisfy with it and learn more, work harder and smarter for higher income. It's never bad to start small, as it can help you avoid big loss while give you experience with time, and adjust yourself, your investment strategy and practice so you will have better result than another investor who spend same capital like your do, but with only one purchase.

[Cryptoprincess101]

Discretionary income is born out of one's original income, so it depends on how much an investor earns and how much he spends that will determine the amount left in their discretionary income. Of course, low or high discretionary income does not determine the success of an investment, but it is good to have a high discretionary income because it will help you to meet your target on time instead of having a lower discretionary income where you will have to spend many years accumulating to achieve a sizeable amount in your portfolio. A high discretionary income is an advantage over low discretionary income because you will accumulate more bitcoins and still reach your target of accumulation and then focus on hodling for the long term. Consistency is the key to making a huge accumulation but the amount a low discretionary income will accumulate in 10 years, a high discretionary income can acquire it less than 5 years.