Quote from: Victorybit1 on Today at 02:07:57 AM

Quote from: JayJuanGee on July 21, 2025, 07:16:48 PM

Of course, the more income you have then the easier it is to figure out some regular weekly DCA amount, yet there could be people who have irregular incomes and/or irregular expenses, yet they still might strive to do as best as they can to invest into bitcoin when they can and when they figure out that they have enough discretionary funds in order to buy some bitcoin.

Like you are mentioning Ruttoshi, folks can also improve their situations as they go. There can be some folks who come to bitcoin with a lot of debt and messed up finances, yet if they can figure out some path to both resolve their debt and to buy bitcoin, they can get started investing into bitcoin, even though they might have to figure out a way to start out slowly as to not overdo it and as to how to both improve their current finances even while they are adding the investing into bitcoin into the mix of their finances, psychology and things that they need to deal with.

There are personal choice elements in regards to how regular and/or how aggressive a person can be in their bitcoin investment plan and implementation, and surely they could end up screwing up if they try to go too aggressively in the beginning, yet they might see that they have fairly bad finances and even not great psychology, but they figure that if they add bitcoin investing into their mix of what they are doing, they might be able to get out of their situation after 1 to 2 years and even that they are considering ways to increase their discretionary income by increasing their income and/or cutting their expenses, and they may come to bitcoin with a lot of great plans, yet whether they will be successful to continue to buy bitcoin, to set up some reasonable and consistent DCA and perhaps their ability to strengthen their cashflow management systems and practices will depend on a lot of further action and follow through from themselves, rather than merely wishing such positive outcomes.

Sir jayguangee , believe me this is a really good advice and I can relate to this very well although not entirely to Bitcoin investment but in the aspect of putting your pure discipline and determination into what you feel and know will benefit you in the future despite the fact that you are actually not a very good position at the time of starting that whole journey.

I agree that there are so many person with a pretty messed up financial status but even at that they can still squeeze out little by little and also place their focus resolving their financial background as you said, the whole idea is not to go aggressive as you can build little with your discretionary funds and sort the issues around and with consistency and discipline you will eventually get out of that situation and then continue building and before you know your portfolio will be looking good even to your surprise, well the saying that ROME wasn't built on a day is most entirely true and id you have the determine and persistent then you will get there someday.

If a guy is taking time to get his financials in order as he is slowly buying bitcoin, he can increase the levels of his buys and the level of his aggressiveness in regards to bitcoin the more his financials get in order and also it is good to have some bck up funds in case there are mistakes in the level of aggressiveness and you have extra expenses, your back up funds can save you.. and surely the more you build the more comfortable you likely will be to have a little bit larger levels of back up funds so that you are not feeling stress over finances and you can tolerate both mistakes and even a lot of volatility in the market. Yet part of the goal should also be to set up your finances so that you are not putting yourself into emergencies due to poor cashflow management practices... And, with debt there can also be ways to order the debt so that you are paying off the higher interest and the most oppressive forms of debt first.. yet perhaps investing in bitcoin at the same time that you are cleaning up your debt to at least resolve the worst ones.

Quote from: Jaycoinz on Today at 02:28:06 AM

Quote from: JayJuanGee on Today at 02:06:12 AM

[edited out]

"Curiosity they say kills the cat"

You are not wrong besides with all the crazy shitcoin influencers online and supposed trading experts that always advertise how they turn their account of 100$ to 5$k or even up to 20k, lol it is most likely that newbies who are curious on knowing or growing very fast will give a taught of actually trading their Bitcoin for quick profits or even swap or turn their focus on shitcoin all in the name of quick profits but they say no better way to learn except the experience you have gotten yourself so definitely they will learn and some will learn this the hard way.

There are some folks who will figure out not to trade and not to shitcoin without actually doing it, but yeah, a lot of folks also will get sucked into it, and surely some folks learn faster than others, and some folks keep making the same (or similar) mistakes without learning their lesson.

But, yeah, people tend to have a lot of pride, which is not necessarily a bad thing, so they will tend to want to think that they came to the resolution on their own rather than someone else telling them... so it can sometimes be difficult to figure out how to give some guidance while letting the other person come to their own conclusions.