To maintain investment consistency, I recommend a strategy that is very realistic for an investor to follow, such as if your discretionary income is 5% of your total income, then it can be considered very simple to allocate 4% of it to Bitcoin accumulation and the remaining 1% to an emergency fund. Therefore you can cycle for four years but even if it is not a decent holding for you, it will become a great habit to hold Bitcoin and will encourage you to cycle more.
I agree with you here, most people think they have to pour their entire discretionary funds into bitcoin investment, they forget that saving is a way to ensure that they don't get caught up in some kind of a financial crisis later in their investment journey, any smart investor should know to not invest with all their discretionary funds but to instead keep a certain percentage of it for a range of other purposes (emergency situation) this way they can relatively handle unexpected events that come up, sometimes our insurance aren't paid in time and we don't usually have the luxury of waiting for it, situations like this are remedied by our emergency or backup funds until insurance is cleared.
Investors need to understand that keeping some money aside from their discretionary funds is one way to safeguard their bitcoin investment.
The actual fact is that for you Bitcoin investment to be successful, you don't invest all your discretionary income, because it's through that discretionary income you remove your emergency funds and reserve funds, anything that makes you invest all your discretionary income, you are putting your Bitcoin investment at risk, because it will be just a matter of time before you falls back to your holdings to address some financial needs, but if your emergency and reserve funds are there, you wouldn't even contemplate on tempering with your Bitcoin investment, so in essence of what am trying to say is that all our discretionary income is not meant for investment in Bitcoin, some part of it are used to put an emergency funds and reserve funds in place, so in case you have any significant emergency situation in the future.
Futurexxx you are right however if you have already built a very strong backup funds which are emergency, reserve and float funds and you then want to be aggressive in your Bitcoin accumulation you can decide to use all your Discretionary income to accumulate is part of aggressiveness in Bitcoin accumulation and you won't have an issue because you already have a strong backup funds.
But if you don't have a backup funds is very wrong to use up all your Discretionary income to be accumulating Bitcoin because just like Futurexxx said you need some part of that discretionary to build your backup funds.
And if you have the mindset that you will be using all your Discretionary income to accumulate Bitcoin till it gets to a certain level even without having any backup funds then later you start building your backup funds, be ready to start your Bitcoin investment over again when an emergency hits you, emergency or financial problem is an unexpected event, so don't treat it as something you know when it will happen as an investor you need to be with your shield always.