Quote from: Moreno233 on February 08, 2024, 11:32:08 PM

I understand your emphasis on the stability of the source of funds but about job security, sometimes it will be somehow difficult to determine the security of the job. That being said, I do not see the need to use the though of job security as a factor because it could be like complicating the entire planning process.

factors like Job security isn't something that Is insignificant to be looked into in your Bitcoin holding plan because if at any point in time you loose your job, the next thing that comes to mind is your saved funds that can sustain you until you find something else to do. And would you want to stay hungry when you can use part of your holdings to sort out your financial needs?

It's important that as you make your investment, you don't play with your primary source of income. As a matter of necessity, it's even best to take your normal job seriously as though you don't have any investment at all. One of the major issue most long term holders face is the distraction that comes from knowing that they have somewhere to fall back at and so sometimes they might become too relaxed and unserious with their jobs because they have a backup that they can fall back to. Of course this is a shallow mentality that isn't right in it entirety and wouldn't encourage us to becoming better bitcoin holders.

Quote from: Moreno233 on February 08, 2024, 11:32:08 PM

In addition, if you bring in so many unnecessary factors into the equation, it can only lead to discouragement, procrastination, and eventually lack of investment into Bitcoin.

i think that it depends more on the individual in question and the reason for bringing those factors into consideration. If you know what you're doing and you're making plans such as setting out emergency funds and also ensuring that you take your job seriously just do you don't at any point in time go back to your holding, it's a reasonable thing to do.

A procrastinator will always procrastinate and the excuse he gives doesn't really make any difference but we are not talking about them, we are more concerned with people that have already started accumulating no matter how little it might be and are setting out things that will encourage them to be patience with their holding.