Post
Topic
Board Nigeria (Naija)
Merits 3 from 1 user
Re: Balancing Financial security and Bitcoin Accumulation
by
Jostern
on 11/08/2025, 02:53:44 UTC
⭐ Merited by CryptopreneurBrainboss (3)
All they need is discretionary funds.. which means that it is funds that are extra after they have accounted for their expenses.

The only difference with my use of the term "income" is to suggest that there is a steady flow of discretionary income every week or every month, and in order to invest into bitcoin you do not need a steady flow of income.

I always keep saying it and emphatically saying that the most important thing we need to start investing in Bitcoin is a discretionary income, I understand why it has to be called an income because it’s supposed to be something that is more like a steady flow that comes on a regular basis, considering that this are funds that is probably a left over after paying for all our expenses and the remaining money we can then use it to start investing for someone who is a pleb or someone who wants to continue accumulating on a consistent basis, definitely it all still depends on when we have a discretionary funds, it could be on a monthly basis or a weekly basis that is to justify when we get our income to then get our discretionary income from there, but my understanding is that it’s better to get started instead of thinking otherwise and having different thoughts because for someone who has been accumulating bitcoin for a long time we might probably not be needing a steady income to be able to accumulate that is why you can afford to accumulate little by little, now let’s consider it this way, perhaps I do get my income flow on a monthly basis which I’m usually left with a certain amount of discretionary income at the end of the month, then I have to adjust to some financial circumstances so I could be able to increase my discretionary amount to be able to accumulate more that would also be known as financial management on my own account, now it will require me extra time to be able to put up my expenses, which still will depend on my availability of discretionary income, Because of literally understand that the income might not be steady but we could just adjust our lifestyle to create more income, and if at the end of the month or weekly basis I’m left with some discretionary income why not approach my accumulation.