Bitcoin Is Worth More Than Discretionary income.

[Jubilee58]

It has been a normal talk that investors should invest in bitcoin with discretionary income, which is the money they can afford loose or balance after expenses. I will not entirely dispute this statement, but I would say, this statement is majorly for newbies who are still learning bitcoin, and yet to fully understand how bitcoin investing works or for those investors who don't have strong financial strength.

We all know that Bitcoin is a store of value, which means the more you hold bitcoin, the more the value of your portfolio increases, so for this reason, there is nothing wrong if you go beyond your discretionary income.

There are many tech companies who are investing huge amount of money in bitcoin such as  Tesla, Strategy, Genius group etc, and many countries are also investing in bitcoin as a reserve against inflation, and currency devaluation, and I don't think all these large investment, and bitcoin holding is only discretionary income or money they can afford to loose.

It will be more profitable to invest in bitcoin beyond discretionary income, many people keep huge sum of money in the bank which depreciates in value as inflation rises, and some people buy luxury cars which are not asset but liabilities, nothing is actually wrong with that, but this kind of money is not discretionary income, and their is nothing wrong if you invest such money in Bitcoin.

Bitcoin is a digital asset, and a store of value, and no long term investor has ever failed to earn reward, we see investors buying, and owning other assets like stocks, and shares of companies with huge amount of money, and stocks, and shares of company is not better than investing in bitcoin.

Summarily, bitcoin is just like other investment that people are investing huge amount of money into, so investors should not entertain any fear, not that you should invest all your money in bitcoin, but you can invest beyond your discretionary income.
Bitcoin is a safe, and genue investment, you only need a secured wallet to keep your asset safe, then watch your asset grow in the long run.

What is your take on this?

[hmbdofficial]

It has been a normal talk that investors should invest in bitcoin with discretionary income, which is the money they can afford loose. I will not entirely dispute this statement, but I would say, this statement is majorly for newbies who are still learning bitcoin, and yet to fully understand how bitcoin investing works or for those investors who don't have strong financial strength.

First of all your definition of discretionary income as money that you can afford to lose is totally wrong. Discretionary income is actually money that is left from your income after you’ve settled all you bill for the month, week or even daily depending on how your income flows.

We all know that Bitcoin is a store of value, which means the more you hold bitcoin, the more the value of your portfolio increases, so for this reason, there is nothing wrong if you go beyond your discretionary income.

It’s not like it’s totally wrong to use another funds apartment from discretionary income to invest in bitcoin but they don’t want a situation where you will start think about selling your holdings prematurely when you are stretched a bit financially.

Summarily, bitcoin is just like other investment that people are investing huge amount of money into, so investors should not entertain any fear, not that you should invest all your money in bitcoin, but you can invest beyond your discretionary income.
Bitcoin is a safe, and genue investment, you only need a secured wallet to keep your asset safe, then watch your asset grow in the long run.

Bitcoin isn’t like every other investment due to it’s volatility nature so you can’t compare it with other investment due that are not volatile in price of the asset it self, you thats why bitcoin investors emphasize on buying with discretionary income and also holding for long.

[Don Saga]

You should see bitcoin investment from a general perspective and not comparing with big companies such as Tesla, Genius groups and the rest. These companies hold a huge amount of bitcoin and would make massive profits with even slightest move bitcoin makes, and these companies also have some amount of information that regular people do not have which keeps them on a safe edge than the regular investors.

So it would be totally unfair to generalize investing beyond discretionary funds and comparing with large companies. As much as bitcoin remains a store of value, every investor should take caution and invest wisely. You would not expect someone who feeds from hand to mouth to invest beyond discretionary income right? And that is because it remains the safest way to invest in bitcoin, it sounds frustrating when people pressure others into investing in bitcoin against their standards.

[Churchillvv]

This table has been shamed before and I also tried to push this agenda because it’s right but most of the users who are in the forum or local are robot minded so they do not always agree that with the level of bitcoin it not longer just what you invest with discretionary income if you want to move up the ladder which you aspire to but they will never agree because they have learnt one thing for too long and unlearning what they have learned to relearn is very difficult.

[Decimetre]

I don't buy the idea of a person investing beyond his discretionary income when he plans to maintain a long-term investment because it could cause a financial crisis that will result to cutting his initial investment plans short. Discretionary income is the amount of money that a person will not need anytime soon. Every investor needs to understand that it is not right to be too greedy to to push yourself into buying beyond your capacity because that's the reason why many people do sell their bitcoin earlier than they had planned and they end up selling at loss sometimes.

Beginners should not adhere to this practice because it could ruin their portfolio completely and make them regret investing in bitcoin. You don't only need to invest with discretionary income, you will also need to have another fund to help you in time of emergencies.

[PhilosopherKing]

Hell no, it is bad idea to invest beyond your discretionary income. You see those rich companies that you talk about,  they have already solved their expenses and it is now the money they can afforded to use that they will then use to ongoingly invest in bitcoin

No company will want to be using the money they re supposed to use for their expenses or the money they are supposed to use to pay their employees to use to invest in bitcoin. Bitcoin is not guaranteed and this companies too know it that is why they use their discretionary income. As individual too, no matter if you are poor or rich always invest with your discretionary income

[OsaiEmma]

What is your take on this?

You're right OP, limiting it to just discretionary income is limiting your potential of financial freedom, but you have to understand that not everyone can in one go provide a lump sum just as those companies you mentioned did to invest in Bitcoin.

Trust me, anyone who will have such capability will do it ASAP, but because they can't, they take the alternative which is using discretionary funds to reduce the burden while investing.

[Marvelockg]

It will be more profitable to invest in bitcoin beyond discretionary income, many people keep huge sum of money in the bank which depreciates in value as inflation rises, and some people buy luxury cars which are not asset but liabilities, nothing is actually wrong with that, but this kind of money is not discretionary income, and their is nothing wrong if you invest such money in Bitcoin.

It's safe to say that the money you put into your bitcoin investment per time is your discretionary income which is an percentage of your income that you can afford to loose but that aside, the accumulated bitcoin in your portfolio is never an amount you can afford to loose. If you're investing 10% of your weekly earnings into bitcoin, we can call that descrestionary income but when you do so for a period of two years for instance, you've succeeded in stacking up an amount that's beyond what you can afford to loose which means that the amount of bitcoin you've stacked is something you can't afford to loose.

Every investor that has stayed invested for at least two years knows what he's doing and any amount he uses in his investment is definitely something he's not ready to let go regardless. Wether you're investing with as small as $20 only at a go, no one generally wants to loose such amount.

[Doan9269]

We must be able to see Bitcoin as a preferred option for us to consider when it comes to investment opportunities, without any implied procedures. This decentralized digital network has various entry points we can take, as long as we understand how the market works and take the time to speak with experts before investing.

It also taught us the application of DCA through our monthly income, when we have decided to engage using it for an investment as the market falls. We take the opportunity to buy and hold, Bitcoin can be invested when we apply the use of our discretionary income and we can ensure a good return beyond this as long as we can make a position in the market to increase our chances of making more profit after we have invested.

[Agbam]

Summarily, bitcoin is just like other investment that people are investing huge amount of money into, so investors should not entertain any fear, not that you should invest all your money in bitcoin, but you can invest beyond your discretionary income.
Bitcoin is a safe, and genue investment, you only need a secured wallet to keep your asset safe, then watch your asset grow in the long run.

What is your take on this?

My brother nothing is 100% guaranteed, no business no investments including bitcoin. You can’t be saying such with great certainty, this here is a very bad financial advice.

Even as we, as enthusiasts and holders hope that it continues to do well just as it has done in the past, going beyond your discretionary is a major risk that may put you in financial crisis.

Yes, life cannot be done without risks but taking so much risks in something that isn’t 100% guaranteed is not advisable no matter the investment, it’s better you do it in a level that wouldn’t affect your daily life expenses and mental health.

[Ikenna45]

The statement “Bitcoin is worth more than discretionary income” is comparing two very different things:
Bitcoin = a digital asset with a market price. Its value changes every day based on what people are willing to pay for it.
Discretionary income = the money a person has left over after paying for necessities like rent, food, transportation, bills, and taxes. It is the money they can choose to spend, save, or invest.
Imagine two people:
A person earns money each month. After paying all their bills, they have $200 left over. That $200 is their discretionary income.
One Bitcoin might be worth tens of thousands of dollars. So owning one whole Bitcoin costs far more than that person’s available extra money.
The idea behind the statement is that Bitcoin’s price has grown to a level where a single unit of it may represent more money than many people have available for optional spending.
A simple analogy:
If someone has $500 left after paying all their monthly expenses, but a single item costs $50,000, that item is worth far more than their spare money.
However, Bitcoin is divisible. You don’t need to buy a whole Bitcoin—you can buy a small piece of one, just like you can buy a fraction of a kilogram of gold rather than a whole gold bar.
The deeper point of the statement is usually about affordability and wealth inequality: when an asset becomes very expensive, ordinary people may feel that owning a meaningful amount of it is out of reach compared with their everyday income.

[Solodoski]

It has been a normal talk that investors should invest in bitcoin with discretionary income, which is the money they can afford loose or balance after expenses. I will not entirely dispute this statement, but I would say, this statement is majorly for newbies who are still learning bitcoin, and yet to fully understand how bitcoin investing works or for those investors who don't have strong financial strength.

We all know that Bitcoin is a store of value, which means the more you hold bitcoin, the more the value of your portfolio increases, so for this reason, there is nothing wrong if you go beyond your discretionary income.

I dont agree to what you said. The statement isn't meant for newbies alone. It is meant for every investor. What make an intermediate and professional investor successful is how they practice the rules of Bitcoin investment. If they don't follow the rules, they will make mistake too.

To have more bitcoin in custody is not a criteria to pressure yourself into using more than the discretionary income set for investment.