Quote from: Bluedrem on Today at 12:07:17 PM

Quote from: Joy- maker on June 20, 2025, 10:49:25 PM

I disagree with you because a steady income is not a must before you can start investing in bitcoin instead of using a steady source of income why not you a source of income, and beside what You need to get started with bitcoin is your discretionary income. if only you can map out your discretionary income from your main income for the week or for the month then you can start accumulating bitcoin and hold for long term 5 to 10 years or longer.

If you are teaching newbies that a steady income is must before they can start accumulating bitcoin and hold for long them you are misleading them which can delay their investment journey. Because what they need is a source of income where they map out their discretionary income to invest in bitcoin, teaching newbies that steady income is a must means that they need to have a hudge amount of before they can get started with bitcoin which is wrong, all they need is a discretionary income to get started with bitcoin.

Yes, you also need to take appropriate measures to maintain the invested Bitcoin. You can compare the invested Bitcoin with health. Just as you need to ensure safety to maintain good health, you need to ensure the safety of Bitcoin to maintain Bitcoin. For this reason, we can never invest beyond our means. This will lead to a shortage of emergency funds and in an emergency situation, we will face huge problems, which will result in losing the invested Bitcoin.
We must remember that saving for the future is as important as living safely in the present to improve the quality of life.
Suppose you have a lot of assets but cannot use them at the time of need, then where is the benefit of saving your assets?
Therefore, we need to invest our assets in such a way that the assets are safe for the future and a good amount of profit is obtained and some assets should be kept in fiat so that they can be used for emergency needs.
Investors should never be aggressive in their investments.

You are wrong to say that one shouldn't invest aggressively when he has the financial strength to invest aggressively. The most important thing is that you should invest aggressively within your discretionary income so that you don't end up selling your bitcoin investment to take care of your basic needs.

Seems like you don't understand what investing aggressively means, let me explain to you. For example if Mr A has a discretionary income of $100 and chooses to invest $55 weekly using DCA method overtime. Mr B also has a discretionary income of $100 and instead of using $55 to invest weekly like Mr A, he decided to use $85 to DCA weekly. You will see that Mr B is buying bitcoin aggressively without overdoing it. Mr B will definitely acquire more bitcoin than Mr A in the long run.

This is why it's good to invest aggressively when you can because there are some weeks that your discretionary income will be not be much based on higher expenses on basic needs, in that case, you can invest without being aggressive. It's when you overdo it that's not good. To front load your bitcoin investment is also good if you can so that you will reach your bitcoin target in a fast pace.