Quote from: Tmoonz on Today at 10:09:43 AM

Quote from: Barikui1 on Today at 09:18:15 AM

Quote from: Nightwatchmare on Today at 08:09:08 AM

It would have been problematic if you wanted to invest in bitcoin aggressively with the money you are supposed to use to solve your expenses, but since you want to use all your discretionary income to invest in bitcoin, I don't have any problem with your decision, and it is even good for you to use all your discretionary income to frontload your bitcoin investment since you are no coiner or low coiner rather than using it to live a lavish lifestyle that will expose you to sell your bitcoin investment too early.

No, I don't think that using your discretionary income to live a lavish lifestyle will compel you to sell too early, what actually makes you to sell prematurely is when you fall to put your emergency and reserve funds in place, and then emergency struck, that's what makes you sell too early even when it's not your intention.
Then as for the aspect of investing all your discretionary income, though it's not terribly bad, but I sees it as more problematic to you because their are so many other things you wouldn't be able to do due to the fact that you don't have the spare cash to available again. To me Bitcoin investment is something you do base on your own financial strength, not by stretching your finances that might be problematic in the future if proper money management skills is not being utilized.

It is a personal decision based on personal circumstances to either invest all or a percentage of your discretionary income, in all priority should be given to making your financial budgets according to your pressing needs which is a scale of preference on things that most matter to you as a person and before anyone will ever consider investing all of their discretionary income alot of other plans has already been put in place that will enable them use all of their discretionary income without regretting it.

Using all your Discretionary income to accumulate Bitcoin is an aggressive accumulation and before you do this you must have a good backup funds which are your emergency, reserve and float funds, your Discretionary income can be used for a lot of things if you don't have a backup funds so you are not suppose to use all your Discretionary income to accumulate Bitcoin what you should do is to use only some percentage of it to accumulate Bitcoin and use some to build your backup funds.
Now the reason why you shouldn't use all your Discretionary income to accumulate Bitcoin when you have no backup funds is because some percentage of that discretionary income will serve as your backup funds for that week or month, whether you like it or not emergency must come you must be ready for it always, so is either you use some percentage of your discretionary income to build your backup funds or you keep it, using all will surely lead you to dip hands into your Bitcoin investment.