You are correct Sir JJG for me I will say the more sacrifice you make the more you will achieve, there are some set of people who have decided to use 40 percent of there discretionary income into Bitcoin and there are also some people who have decided to use 80 percent of there discretionary income for Bitcoin accumulation this two set of people made different sacrifices those that used only 40 percent of there discretionary income wanted to try other things and to have fun a little whereby those who used 80 percent of there discretionary income sacrificed more by denying there self's some things that the other person enjoyed, and those that used 40 percent only can take 8 years to achieve what those that used 80 percent achieved in 4 years so the larger your percentage the Shorter your journey and the smaller the percentage the longer the journey. So it all depends on what you want and what you can cope with.
The percentage of your discretionary income that you invest may not be very important. If one person's discretionary income is $100 and another person's discretionary income is $50, how do you calculate it in percentage terms? You must make sacrifices to achieve your goal and the more sacrifices you make, the faster you will be able to achieve your goal. In the case of the two people mentioned, if the first person invests 40% of their discretionary income and the second person invests 80% of their discretionary income, who will achieve their goal first? I would say there is no definite answer. They would be able to invest the same amount of money after a certain period of time.
But in terms of achieving their goal, they will be different. Because your goal and mine are not the same and our discretionary income is not the same. In order to achieve your goal, you have to set a goal and you can also set a time frame for achieving your goal. Depending on that goal, you have to plan and determine the amount of investment. In this case, your position or ability is very important. You should not set goals that are difficult for you or that affect your quality of life.
Plan your investments and decide the amount of investment based on your capabilities. In this case, it must be prudent in investing. You should not overestimate the percentage of your discretionary income that you are investing. However, it is better not to make unnecessary expenses from your discretionary income and limit your discretionary income to investments and necessary fund formation as a plan.