Quote from: ruykeri on August 10, 2025, 05:43:57 PM

Quote from: Finebone on August 10, 2025, 03:36:13 PM

Quote from: Baki202 on August 10, 2025, 03:23:40 PM

And when you have good management skills, then it becomes easier to manage your assets because when you invest in Bitcoin, it becomes easy to manage your funds because emergency funds are part of management skills, it makes you want to focus more on the investment, and it is underestimated. And another important thing is going to be having a source of income, because having a source of income and when you have source of income then DCA becomes easier to implement. And even if there is no source of income, just that will make it very difficult, and there won't be consistency, and investing money will make it slower to accomplish your goal, and people will eventually understand the importance of having money coming in to invest, so investing needs a lot of commitment.

I will only be talking about the highlighted words, when investing into Bitcoin, for consistency of your accumulation, discretionary income is greatly needed, not source of income as you claim, because their are so many folks out there that have a source of income but still can't figure out their discretionary income, so the ideal word you should be using when talking about accumulating consistency is discretionary income not source of income.

You agree with you. Because only source of income is not enough for bitcoin investment . In addition, the extra money that remains after deducting all expenses from that income is discretionary income. One should invest in Bitcoin with that income. Because if someone does not have discretionary income, then even if he invests in Bitcoin with risk, he will not be able to continue it for a long time, so at the end of the day he will face probably losses. So if someone wants to succeed in the future through Bitcoin long-term investment, then he must have discretionary income. In addition, a reserve fund and an emergency fund must be formed so that he does not have to sell the Bitcoin accumulated for any unexpected financial problem in the future.

People need to be aware of their financial future and to move forward financially, so it is important for them to have a source of income. When you have a source of income, say you work, you will continue to meet the basic needs of your family from the income you earn. On the other hand, you need to create an emergency fund to meet sudden dangers in life. When you are creating an emergency fund, on the other hand, you may use the money you earn from the money you earn for your own life's necessities and for emergency expenses. You can also invest the remaining money. Your investment may be very small, but there will be no problem because you will continue your investment for a long time or say 6-7 years. Along with this, to implement your long-term investment plan, you will have to refrain from making unnecessary expenses, excluding the necessary expenses in your life, because you are thinking about the future and when you continue to make your small investment for a long time, it will turn into a strong investment in the future. So, do not delay in investing, but start now.