Quote from: JayJuanGee on June 29, 2025, 07:44:52 PM

Another side note is that surely I recognize that there are people with varying levels of intelligence, lack of experience, bad role models and etc, yet even some of the folks who some of us might consider to be really dumb in terms of their learning, their life experience and their ways of expressing themselves will likely know some things that we don't know. . so in some sense, there are possibilities to learn from almost anyone even if we might be on a higher level in some areas, and at the same time as our skills and experiences get higher we might no longer be wanting to spend a bunch of time in order to potentially learn some things from people who are going through a process that we have already been through several times or even that our areas of interest do not necessarily match.. so sure, there may well be people who have some areas of experiences, knowledge and/or ways of expressing themselves that we don't know and/or we are not talented in that direction, so we still have to both figure out how to use our own time and also the ways that we might engage in critical thinking in terms of how we might be working out problems, learning more information and putting our knowledge into practice.. and it is quite likely that with the passage of time and even changes in the world, we continue to make mistakes and grow too.

That's very correct. Everyone has their own very unique and personal experiences and perspectives to share, and regardless of how little their contributions might be, their background or even expertise, it's still very possible to learn a thing or two from them. No man is a monopoly of knowledge and that means that anyone can possess valuable insights and knowledge that others lack, and by staying open minded and receptive to new ideas, you get the chance to learn new things, and maybe even unlearn a few things that weren't accurate and replacing them with a more accurate perspective/knowledge.

As individuals advance and furnish their skills, they naturally focus on areas that aligns with their financial goals as well as interests. However, it's always important to acknowledge the fact that there's always more to learn everyday, even from those who are at a much lesser stage of your journey.
I think it's pretty cool that you're actually acknowledging the value of learning from others regardless of their level of expertise, because we tend to gain more insights and even broaden our own understanding when we keep an open mind to different perspective and experience. And no matter how furnished our knowledge is, it can never be flawless, it's still very much possible to make a few minor mistakes or get puzzled along the way, and a few external help can actually help refine our critical thinking skills, thereby helping us adapt to changing circumstances.

Quote from: Samlucky O on Today at 12:55:52 AM

You sound as if discretion income is what you need to discover, like you need to discover if you have discretion income. Surely I know the point you are trying to make, even though you might be missing something. You feel that discretion income must be some sort of steady job that will last for a long time before you can invest, that's why you keep on emphasizing on that.

but I will like you to understand that having a discretion income is not what you need to discover because certainly a person must surely have income in one way or the other. Income may comes from one, two or 3 sources or more, and this may not necessarily be a steady job. For example a person who has skill and is called for job occasionally might not be investing like a person who has a steady job, although he may be whimpy in his investment but will surely be better than a no coiner. And a person who may have inherited an asset from his parents that generate an annual income, may decide to invest through lump sum. The whole concept of this matter is that we should not only see discretion income as a steady job to get started. We should see discretion income as any income that comes either regular or Irregularly. It may appear as a job or it may come daily weekly monthly or yearly. But the altimate goal is to invest from it whenever it comes using a strategy that is best suitable for us to maintain a regular investment than only waiting for a steady job. Because this mentally has made most guys to become a no coiner. We should learn to embrace any opportunity that provide an income by investing as little as we can into Bitcoin but let it not be that we are investing mare than we can afford to lose.

You're right. Maybe I may have came off as one focusing too much on the notion of a steady job as source of discretionary income, even though that wasn't exactly what I had in mind.
Yeah you're right that income can come from various stream and not just about having a regular job. The truth is that, there are people who might pretty much have maybe 1 or 2 income streams that gives them income on different intervals and is still unable to figure out their discretionary income.
What I'm trying to say is that, some people may have multiple income streams but still struggle to determine their discretionary income because tracking and managing different income sources, financial obligations and even expenses can be a bit challenging inasmuch as having multiple sources of income can provide financial stability, you'd still need more financial planning as well as management to ensure that you're actually making the most of your income, and figuring out your discretionary income is actually a very important step in that process. Well, whether it's from a 9 to 5 regular job, freelance work, investments or even inheritance, the key remains to identify the income streams and know how to manage and allocate a portion of those income to your discretionary spending.

The main point I'm tryna buttress here is the importance of prioritising financial stability and security when investing in Bitcoin, this is because it can be very easy to compromise our financial well-being while we are trying to accumulate Bitcoin.

Quote from: Mehmet69 on Today at 02:22:18 AM

I understand that you are thinking about ensuring people's investment. But your thinking is a bit wrong. We need to think about long-term investment. But for that, it is not that we have to arrange for discretionary income in advance. But it is better to invest with discretionary income. Because none of us want to break it again after starting investment. So if we can invest with discretionary income after completing all our family expenses, then we will never have to think about breaking the investment.

No one is talking about arranging for a discretionary income in advance, (whatever that means) I believe you misunderstood my point. The point I'm trying to make is that, before you get started with accumulating Bitcoin, you gotta be sure that you've got discretionary income, in other words, you can still have a portion of your income left after taking care of all your expenses. It's all about ensuring that you've got a stable financial foundation that avails you enough income to cover all your necessary expenses and still give you some discretionary income left to invest in Bitcoin.