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.