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Quote from: Bigjoe33 on July 21, 2025, 09:37:54 PM

Despite its volatile nature, Bitcoin surely will always appreciate and thus, investing up to a half of Income is a wise one with future mindset.

Investing up to half of your income it’s not actually ideal , in as much you consider the bigger picture of Bitcoin in the future , you should also understand it’s a long term investment, so you are adviced to invest with your discretionary income, so that it won’t affect you unless you have other business and investment that can fetch you some money , if not investing half of your income may affect your accumulation journey or properly result to selling when you don’t have much money with you .

yes, investing using discretionary money is indeed very good and indeed the right way to buy btc is to use discretionary money. but in my opinion, if invest using half of discretionary money, of course, in my opinion there is nothing wrong because of course not all discretionary money is put into btc. but honestly I am impressed at someone who is so ambitious to buy btc that he wants to buy half of his income whether it is discretionary money or not. but it is true that your opinion is that if our have income from other sources, there is nothing wrong with using half of income to buy btc.

considering that investing in btc is best for the long term, of course an investor must be able to manage existing income which is certainly so that we can hold btc for the long term and for sure we also don't forget about emergency funds and it would be better if emergency funds should always be added because of course fiat money is always exposed to inflation and of course if the emergency fund is more and more, of course, it will definitely make us longer in holding btc, it could even be more than 10 years and will not sell the btc because if there are unexpected needs, we always use emergency money because of the large amount of emergency funds. and it is true that if for example we cannot manage it and not in a good way in investing in btc, it will definitely end up selling btc because of unmet life needs.

For a successful investor, an emergency fund is a very important foundation for immediate success in making the right decisions with mental prudence. Prudence usually means investing a part of our income in Bitcoin, building an emergency fund, and having a long-term investment perspective. Investing means making decisions by considering risks. If we prudently invest a part or half of our earned money in BTC and maintain a good balance of risk and potential, then it is especially suitable for those investors who want to look at the bright prospects of the future and do not want to give up the security of the present. This certainly requires courage and high expectations, but it is not always suitable for everyone. Because for some, investing 50% of the income may be realistic, while for others, 5% may be risky enough. Since BTC is a long-term investment and its financial market price fluctuates, if the investor sells BTC at a low price under financial pressure, the main goal is disrupted. However, having an emergency fund reduces that pressure a lot and makes BTC a real long-term storage opportunity. The ability to hold is not only psychological but also depends on the financial foundation. Respect ambition, on the other hand, do not neglect risk management so that your writing is commendable. I think this should be the attitude of an ideal investor. This mindset not only makes investing profitable, but can also ensure peace of mind. We can be successful if we move forward with prior preparation, planned knowledge, and fixed goals.

Yes, of course, one should emphasize mental and financial preparation and invest according to one's ability. In addition, investing by maintaining a balance between risk and expectation is the foundation of a successful investor. In addition, patience is necessary along with mental and financial preparation, as well as regular and planned investment. In this case, I will give importance to the DCA method. Because in the DCA method, a certain amount can be invested step by step at a certain time interval, so even if the market fluctuates, the average investment price automatically remains flat, thus reducing panic and risk. It does not require investing large amounts of money at once, which reduces the mental stress of new investors and develops the mentality of patience and regular investment. DCA is an investment method where you can ensure success by investing small portions regularly according to your ability without worrying about excess funds. DCA is an investment strategy that is a financial awareness that reduces investment pressure and makes the investment path more stable and solid.