Quote from: Tmoonz on Today at 04:58:53 PM

Quote from: Ivystar5 on Today at 11:41:21 AM

Quote from: Cossyblack on Today at 11:11:55 AM

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Going beyond using our discretional income to accumulate bitcoin might gives us difficulties in maintaining and sustaining our bitcoin investment for the long term. As potential investors in Bitcoin,We cannot use cash meant for our personal needs to invest in Bitcoin,it is important we sort out basic needs first from our available funds and whatever is left should be used to buy Bitcoin periodically. Using our discretional income keeps us consistent in accumulating Bitcoin not minding the risks. Sometimes an investor might decide to go aggressive in accumulating Bitcoin but should be doing so within his financial capability and shouldn't go beyond what he can afford to do way because he wants to be aggressive in building his portfolio.

Wish you had a good knowledge of this forum and it's wall observers you would have figured out that investing in bitcoin years back was not on discretionary income, there is a popular meme that guys go all in in bitcoin which I'm very partially sure JayJuanGee would be able to remember that guys who were actively investing back then even sold some important stuffs just to invest, we have memes flying around that guys leaved in an empty apartment just few stuffs and his laptop and bitcoin that's all, but guess what after four years of this pain or management, or 8 years of management he is now able to afford everything and still have his investment yet still stacking up, the problem most of you guys in this thread have is that you refused to explore, learn and see things for yourselves but only depends on a few words flying around. you have to take what you want to take you somewhere serious bitcoin is that one thing you can take that seriously and come back 8 years to a top achievement.

I have read this post over times to actually understand your final point but it proves difficult but however, it is a primary assignment to give priority to whatever we consider to be our basic important needs which of course can differ individually before considering Bitcoin investment provided that there is a discretionary income, that is to say, that we are investing in to Bitcoin doesn't mean we have to find ourselves in to any form of discomfort, Bitcoin signifies freedom and not only a financial freedom from government authorities but also a freedom even while investing in it, it is okay to sell what might not really be important to buy Bitcoin but when it comes to selling what is important I doubt if such person can actually hold Bitcoin for a long term and that can only be gambling rather than investing and it is not only back then I believe a lot of people are still making that mistake, Bitcoin is not a quick and get rich scheme hence there is need to be conscious of our decisions by investing only within our means of discretionary income.

Of course someone with a good IQ would understand the point I'm trying to inculcate on some of the guys who do not realise that life itself doesn't have a second chance and bitcoin has presented a repetitive chance for the people in a low level class or social strata to level up using all that have and go all in, with minimum/maximum guarantee that they would have a return of investment. Some of the things we consider important if we loss our social statuses we will find out that they are really not important as we presume them to be and at the point where you have no option you would also know they are less of value. Of course discomfort is not necessary but how passionate are guys within the bitcoin network system, I guess the OGs where the ones with real passion and now we worship them for being mean to themselves and wanting bitcoin, however bitcoin is the only investment that comes in as much as possible so we can as well be called OGs in future if we go all in with only things that matters in life.