You are correct that even if bitcoin is a very high prioritiy, and even the highest of priorities, there are likely going to be some other expenses that could come up from time to time, and emergency funds are for the expenses needed to live, and surely there can be reserve funds that are available too, in order to help to protect any guy who might choose to put 100% or close to 100% of any new discretionary funds as they come in... and so if he ends up making mistakes he can tap into his reserve funds... Surely, many of us suggest that we should not be tapping into our actual emergency funds absent an actual emergency, so we should not want to create situations for ourselves in which we have created our own emergency by our sloppy cashflow management and/or our having had used up all of our discretionary funds on bitcoin.. since we know that when we put funds into bitcoin they should be locked up for 4-10 years or longer.

We need to be  careful in terms of telling folks about their priorities in their employment of their discretionary funds, except surely we likely can recognize short-term dangers that relate to mistakes and not accounting for all expenses that could come up and even longer term dangers of guys putting themselves into psychologically vulnerable positions if they overly deprive themselves in other areas.. so there can be problems in not having some of the other activities and/or fulfillments or even deveolping of social relations might require some financial investment from time to time otherwise people might not be willing to socially bond if they perceive you as overly self-centered.. which can also cost you in ways that were not anticipated.

Don't get me wrong.  I am more than acknowledging that guys might purposefully choose to focus on bitcoin and put a lot of time, energy and monetary value into it, but if they screw up and go overboard on what they do, they might not realize.. so sometimes it is better to error on the side of having a bit of a financial cushion.. so they don't have to sell any of their bitcoin at a time that is not of their own choosing.


I doubt that it is possible to reasonably invest in crypto or shitcoins... That seems more like trading when guys get involved with shitcoins rather than investing, even if they might think that they are investing..


I will grant you that there are likely certain places where it is quite difficult to figure out ways to increase our income, since it seems likely that it is better to be able to increase income rather than decreasing expenses, since there might not be as many ways to decrease expenses if guys are already living frugally and various aspects of the cost of living continue to go up.

Surely younger people have more potential options to change careers or to shoot for various ways to get training and to potentially advance in higher paying work as the get older, but yes, sometimes folks are already at an age where it might be difficult to change their income levels based on their work, so it surely can be challenging when guys are not able to increase their income as rapidly as their income is begin debased.. and, yes, you are correct that investing ONLY comes from discretionary income, and if your discretionary income is decreasing then you might not be able to invest in bitcoin.. even though bitcoin is one of the ways that guys can be helped to get saved from the ongoing and likely continuing debasement that is going on with all fiats.. .. and surely guys who barely are able to put any money into bitcoin might not be able to directly advantage from bitcoin being available.. but only available as an investment to people with discretionary income... Any guys who are using non-discretionary income to buy bitcoin are gambling (or trading) rather than investing.


Sure, I agree with you that DCA is likely the best of choices for poor people who are with relatively low discretionary income, yet I will also proclaim that it is good for everyone to know about their three BTC accumulation methods that also include lump sum and buying on dips, and in regards, to lump sum, we can never be sure that we might sometimes get some extra cash that might not have had been expected.

If a guy is ONLY investing around $10 per week into bitcoin, and then all of a sudden he comes across an extra $500, that would be equal to about a year of his DCA amount, so surely he is going to feel that he has options when he comes across that quantity of extra money all of a sudden and he is able to invest it into bitcoin and/or perhaps the other option would be to shore up his emergency funds and/or his reserve funds.


You have likely help to highlight why guys might want to consider a sustainable strategy, since there should not necessarily be a desire to sell all of our bitcoin 4-10 years or longer down the road merely because we consider it to be in high profits.  

Surely we will have options when our bitcoin has more profits, yet guys likely will end up selling too much too soon if they are not mostly holding onto it.

Let's say that a guy in his mid 30s with an income of around $50k per year income got into bitcoin around 12 years ago, and, so maybe it took him around 7 years to establish his position.  So between mid 2013 and mid 2020, he ended up investing around $36.6k and he accumulated 62 BTC.  Maybe he was confused about the valuation of his BTC or if he could stop accumulating bitcoin and perhaps diversify into other assets, but he tentatively started to think that 62 BTC is enough.. and also he might also start to think that he had put enough into bitcoin.    So, in mid-2020 it was not really clear what to do, but so then after he let the bitcoin sit another few years it may have had started to become clear that he has enough bitcoin or more than enough bitcoin and he might start to engage in sustainable withdraw - price-based and/or time-based.  

He actually thought that it was going to take him more than 10 years to get to a real comfortable status with his BTC and/or other investments given his income and his chosen investment level of $100 per week, so he is feeling way ahead of where he thought that he would have had been.

Even in 2022, when bitcoin was going through trying times, he may have had realized that he could have had started withdrawing from his bitcoin at that time, and it could have had been sustainable to support him on his $50k annual income or even at higher levels, such as up to $140k per year... so perhaps even in 2022 when bitcoin was going though doldrums, maybe we was considering whether he should buy more, yet even if he choose not to accumulate more BTC, he came to conclude that he had enough or more than enough bitcoin.

Living in a country where live is generally tough for an average citizen, I can understand how tough it is to invest in bitcoin and crypto generally. The standard of living has changed significantly for the average citizen making life more unaffordable and finances more difficult to keep. Being able to apportion funds into discretionary funds, emergency, family treats, vacation, buying gadgets or even spare money for miscellaneous is usually almost impossible. The best most of us can do is to sacrifice 60% to bitcoin investment (which is roughly $50) monthly, then the remaining 40% will be for upkeep for the rest of the month (which is around $30). Now imagine living with 30 dollars in a whole month for upkeep, where just buying fuel is averagely 90 cents per litres, fuel alone is more than enough to take the remaining funds for upkeep. This is when you're even earning above the minimum wage which is less than 55 dollars monthly. Now you begin to ask, how many people do really earn above the minimum wage in an unstable economic environment like this?

This is usually the challenge most of us living developing African and Asian countries in the world are facing. It is not our fault that the economy of the country is hurting, forming among the reasons why many of us choose to diversify and invest in bitcoin which although can be volatile, but has more value than our local currencies. This is again the reason why the DCA approach is always the best advice you can preach to us, as much as yoy Want to benefit the majority of the population. DCAing is more realistic to an average person here than the lump sum investments because for many of us, we may never have the opportunity to venture into lump sum investments in our journey to grow our portfolio unless if you’re fortunate enough to be around the elites, driving the economy.

I quite disagree that it's not a problem if you use all your discretionary funds to be accumulating Bitcoin because life happens and problems can unexpectedly arise. Ofcourse it's your money and you have a right to spend it anyhow you like but using all your discretionary funds to buy Bitcoin is not a good financial plan.

Inorder not to make financial mistakes from your total income you should first remove your basic or unavoidable expenses then the rest goes into your discretionary funds. You need to have a special budget for your discretionary fund, remove some money for emergency, Bitcoin accumulation, miscellaneous for your planned vacation, family treat or buying that gadget. The percentage that you decide to allocate should depend on their priority to you. The point is that your life shouldn't revolve around basic expenses and Bitcoin alone, although you can choose to allocate more percentage of your income into them, it's your money and your choice.