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Scraped on 06/07/2025, 17:29:09 UTC
But the point is after I think more deeply, having an emergency fund before investing is a better thing. In addition, if you do not have an emergency fund before investing in bitcoin, it can be said that your financial management is not good. Because having an emergency fund should not have to wait until you have invested. Because an emergency does not see whether we have invested or not.

What you are saying is that if you have enough money in your emergency fund beforehand, it will be easier for you to invest in Bitcoin later. Yes, it can be, but not having an emergency fund is not a big barrier to investing in Bitcoin. Yes, if you have an emergency fund beforehand, you can use your discretionary income to aggressively buy Bitcoin later.

And if you don't have an emergency fund, you can invest in Bitcoin along with saving money in your emergency fund. When I don't have an emergency fund, I will put the money in my emergency fund among the primary needs when I divide my earned money. And later, I will invest the money that remains as discretionary income in Bitcoin.


If Jostern wishes to use all his discretionary income to invest in bitcoin, I see no wrong in that because discretionary income is leftover money after paying for your monthly expenses; it can be used for unnecessary things, and therefore it's better for Jostern to invest all his discretionary income into bitcoin than for him to use part of his discretionary income on things that will not bring him profit in the future, like clubbing and buying expensive clothes.

When it comes to investment, the first thing to keep in mind is the supply of money.
In the case of long-term investment, one should always take care so that the invested thing can be kept for a long time, believes Bitcoin.
Many times we use our funds in the wrong place, so we cannot hold our invested assets later. So, some things must be kept in mind when investing.

Actually, when should we invest in Bitcoin-
I have heard many people say that only if someone has a stable income, then he should invest in Bitcoin.
But our JayJuanGee sir has repeatedly mentioned that a stable income is not necessary to invest in Bitcoin, only if a person has a discretionary income, then he should invest in Bitcoin.
Yes, if you can extract discretionary income from your stable income, then you can invest in Bitcoin with that money.
Stable income is not a major issue when investing in Bitcoin.
For example, suppose you do not have a stable income.
Your income in April was five thousand dollars. From there, after meeting your basic needs, emergency fund and other shortfalls, you had $1500 left that month, which is considered as consideration I. Then you could have invested in Bitcoin with that $1500 in April.
Again, suppose your income in May was $4000. That month, you spent almost all the money to meet your basic needs and other funds. Then you do not need to invest in Bitcoin in May.
In the following months, when you have some money left as discretionary income after spending the money you earned in various sectors, you can reinvest it in Bitcoin.
In this way, if you invest in Bitcoin using the DCA method, you can save your invested Bitcoin for a long time because you have already got an emergency fund for urgent needs.
Original archived Re: Buy Buy Buy or Sell Sell Sell?
Scraped on 06/07/2025, 17:24:31 UTC
But the point is after I think more deeply, having an emergency fund before investing is a better thing. In addition, if you do not have an emergency fund before investing in bitcoin, it can be said that your financial management is not good. Because having an emergency fund should not have to wait until you have invested. Because an emergency does not see whether we have invested or not.

What you are saying is that if you have enough money in your emergency fund beforehand, it will be easier for you to invest in Bitcoin later. Yes, it can be, but not having an emergency fund is not a big barrier to investing in Bitcoin. Yes, if you have an emergency fund beforehand, you can use your discretionary income to aggressively buy Bitcoin later.

And if you don't have an emergency fund, you can invest in Bitcoin along with saving money in your emergency fund. When I don't have an emergency fund, I will put the money in my emergency fund among the primary needs when I divide my earned money. And later, I will invest the money that remains as discretionary income in Bitcoin.


If Jostern wishes to use all his discretionary income to invest in bitcoin, I see no wrong in that because discretionary income is leftover money after paying for your monthly expenses; it can be used for unnecessary things, and therefore it's better for Jostern to invest all his discretionary income into bitcoin than for him to use part of his discretionary income on things that will not bring him profit in the future, like clubbing and buying expensive clothes.

When it comes to investment, the first thing to keep in mind is the supply of money.
In the case of long-term investment, one should always take care so that the invested thing can be kept for a long time, believes Bitcoin.
Many times we use our funds in the wrong place, so we cannot hold our invested assets later. So, some things must be kept in mind when investing.

Actually, when should we invest in Bitcoin-
I have heard many people say that only if someone has a stable income, then he should invest in Bitcoin.
But our JayJuanGee sir has repeatedly mentioned that a stable income is not necessary to invest in Bitcoin, only if a person has a discretionary income, then he should invest in Bitcoin.
Yes, if you can extract discretionary income from your stable income, then you can invest in Bitcoin with that money.
Stable income is not a major issue when investing in Bitcoin.
For example, suppose you do not have a stable income.
Your income in April was five thousand dollars. From there, after meeting your basic needs, emergency fund and other shortfalls, you had $1500 left that month, which is considered as consideration I. Then you could have invested in Bitcoin with that $1500 in April.
Again, suppose your income in May was $4000. That month, you spent almost all the money to meet your basic needs and other funds. Then you do not need to invest in Bitcoin in May.
In the following months, when you have some money left as discretionary income after spending the money you earned in various sectors, you can reinvest it in Bitcoin.
In this way, if you invest in Bitcoin using the DCA method, you can save your invested Bitcoin for a long time because you have already got an emergency fund for urgent needs.