I agree with you, because it is very important for all bitcoin investors, especially newbies investors to differentiate between discretionary income, emergency fund and backup fund so that they won't invest wrongly and end up selling their bitcoin investment at early stage of accumulation in lost. Both Discretionary income, emergency fund and backup have their own different role to play when it comes to bitcoin investment. Now let me break it down to my own best of knowledge, discretionary income is a leftover money after you must have settled your basic needs and expenses either for the week or for month depending on your cashflow, from that your discretionary income you set aside money that you will usinguse to invest in bitcoin, less say your discretionary income is $100 you can decide to invest $50 or $60 in bitcoin and then allocate the rest of fund to your emergency fund and backup fund. Now less come down to emergency fund, emergency fund is that fund you will use in handling all the emergencies that may arise along the line,  less take note emergency fund is not to be invested in bitcoin it's only for handling emergencies, I know the thing that always push peopleinvestors to invest wrongly in bitcoin is when dips occur in bitcoin, some guys will always want to take advantage of the dip no doubt, but not by using your emergency fund to take advantage of dips, because you are endangering your bitcoin investment if you invest your emergency and emergencies arise no emergency fund to handle those emergency. Now less come down to back up fund, backup fund can be use to handle emergencies too if you run out of emergency fund, backup fund is also a fund for buying the dips when they occur.

I agree with you, because it is reallyvery important for all bitcoin investors, especially newbies investors to differentiate between discretionary income, emergency fund and backup fund so that they won't invest wrongly and end up selling their bitcoin investment at early stage of accumulation in lost. Both Discretionary income, emergency fund and backup have their own different role to play when it comes to bitcoin investment. Now let me break it down to my own best of knowledge, discretionary income is leftover money after you must have settled your basic needs and expenses either for the week or for month depending on your cashflow, from that your discretionary you set aside money that you will using to invest in bitcoin, less say your discretionary income is $100 you can decide to invest $50 or $60 in bitcoin and then allocate the rest of fund to your emergency fund and backup fund. Now less come down to emergency fund, emergency fund is that fund you will use in handling all the emergencies that may arise along the line,  less take note emergency fund is not to be invested in bitcoin it's only for handling emergencies, I know the thing that always push people to invest wrongly in bitcoin is when dips occur in bitcoin, some guys will always want to take advantage of the dip no doubt, but not by using your emergency fund to take advantage of dips, because you endangering your bitcoin investment. Now less come down to back up fund, backup fund can be use to handle emergencies if you run out of emergency fund, backup fund is also for buying dips when they occur.

I agree with you, because it is really important for all bitcoin investors, especially newbies investors to differentiate between discretionary income, emergency fund and backup fund so that they won't invest wrongly and end up selling their bitcoin investment at early stage of accumulation in lost. Both Discretionary income, emergency fund and backup have their own different role to play when it comes to bitcoin investment. Now let me break it down to my own best of knowledge, discretionary income is leftover money after you must have settled your basic needs and expenses either for the week or for month depending on your cashflow, from that your discretionary you set aside money that you will using to invest in bitcoin, less say your discretionary income is $100 you can decide to invest $50 or $60 in bitcoin and then allocate the rest of fund to your emergency fund and backup fund. Now less come down to emergency fund, emergency fund is that fund you will use in handling all the emergencies that may arise along the line,  less take note emergency fund is not to be invested in bitcoin it's only for handling emergencies, I know the thing that always push people to invest wrongly in bitcoin is when dips occur in bitcoin, some guys will always want to take advantage of the dip no doubt, but not by using your emergency fund to take advantage of dips, because you endangering your bitcoin investment. Now less come down to back up fund, backup fund can be use to handle emergencies if you run out of emergency fund, backup fund is also for buying dips when they occur.