Quote from: Cryptoprincess101 on April 14, 2025, 07:29:46 PM

Quote from: Gallar on April 14, 2025, 11:49:47 AM

Quote from: len01 on April 13, 2025, 10:33:53 PM

Quote from: avp2306 on April 13, 2025, 10:15:36 PM

People should remember that its better to buy and use the amount what they are capable to spend rather than trying their shot then don't know on when to get the funds to execute their next accumulation. There's so many things that might happen in future and many challenges that might also come, that's why we need to have good discipline on our finances to make sure that everything is sustainable for us.

Discipline is one of the most important points when it comes to investing and planning from the start is one of the main things that must be done before making an investment. However, unfortunately many investors fail to understand this by assuming they want to immediately invest in Bitcoin and ignoring any plans that should have been made earlier.

I believe, if an investor has a good initial plan and is able to consistently obey their own rules, they will not have any difficulties even if they encounter certain problems in the future. Because smart investors must have planned everything very neatly and are able to face whatever will happen.

Having good discipline and careful planning is indeed a very important aspect to be able to apply when investing in bitcoin. But in my personal opinion, to invest in bitcoin, we don't need to fulfill all of these things perfectly (when starting to invest). Because everyone must have a different personality regarding discipline or planning when investing in bitcoin. Especially for beginners, of course many of them do not really understand what financial management is in detail. But even so, these beginners can still invest in bitcoin without any problems. Because to invest in bitcoin, you don't need to be a perfect person in terms of discipline at first. Because what is called discipline will definitely be built when the bitcoin investment is running or in the accumulation stage. That's why I think investing in bitcoin doesn't require many requirements, because the most important thing is to have discretionary income and dare to invest in bitcoin. Because in my opinion it's useless if someone has good discipline and good planning, but that person doesn't have the courage to start investing in bitcoin.

I understand your point, but you see; when it comes to discipline towards how you manage your finance when you want to start an investment, it should be given a proper attention be it a beginner or a pro. If it is about gathering enough knowledge before investing, it is not that important but for applying disciplinary financial measures during your time of investment, it is what will basically guide you so that you don't make some financial mistakes which will be problematic for you as you are making accumulations. If you have well planned disciplinary measures, then what will hinder or stop you not to start investing?

Yes, as I said above I also agree that having good financial discipline when starting to invest in bitcoin is very good. Because it is true that if someone already understands what is called financial discipline, that person certainly has the potential to be smoother in making their investment in bitcoin. But the fact is that there are quite a few people who are interested in investing in bitcoin, but those people basically do not understand financial discipline. But even so, people like that still invest in bitcoin because they already have cold money that has definitely been collected by those people. So what I mean here is underlining the beginning of investing in bitcoin.

The point is that people who do not really understand specifically about what is called financial discipline can immediately jump into bitcoin investment. But that does not mean that my assumption is absolutely good, because ideally for someone who wants to invest in an asset like bitcoin, it would be better to know about financial management and other things like emergency funds. But I personally have the assumption that even people who are really beginners can invest in bitcoin. Because bitcoin is basically quite safe for novice investors, as long as the novice really has cold money. Because of the matter of financial discipline or financial management, I think that over time, they will definitely understand. Because usually people who have entered the realm of investment will mostly learn about it.