Quote from: kanftka on Today at 07:21:22 AM

Quote from: JayJuanGee on August 11, 2025, 05:31:57 AM

[edited out]

The truth is, anyone can start stacking BTC in whatever way works for them… It might be slower but what matters is starting and staying consistent, and also growing over time...

Let's say that we (a family situation, perhaps?) are in our mid-to-late 30s and we had around 10 years of investing prior to getting into bitcoin, so we have build up our finances with our traditional assets and maybe we even have close to a couple of years worth of our expenses in our traditional investment (the amount we put in plus whatever appreciation that it had done through that time), so our traditional investment is not doing too bad.. even though we see that if we had put that money in bitcoin, we would have had been in a much better place, maybe even close to fuck you status... but we also realize that we cannot go back in time..

Maybe we ONLY recently learned about bitcoin in the past 6 months or so, and so we had started investing into bitcoin with about 10% of our income (as we had been doing with our other pre-bitcoin investments), yet we are now questioning if we might want to be more aggressive with our bitcoin, perhaps go to a higher rate of investing into bitcoin at 15% to 20% and/or considering maybe taking some money out of our traditional investment and reallocating that into bitcoin, to the extent that there might not be penalties.. so it is a consideration that has not been resolved yet.. Going even more aggressive into bitcoin and discontinuing investing into our traditional investment could achieve a similar purpose of transfering/reallocating into bitcoin, yet without suffering any transferring penalties..

Maybe our tentative goal is to invest for another 10-15 years and then maybe to consider being able to retire in our early 50s... Previously we had considered that we would have to work until our mid-60s before being able to retire or stop working, yet we are seeing bitcoin as a way to reduce our retirement (pulling the fuck you lever) timeline.

So part of our goal is to try to be as aggressive as we can be in regards to our bitcoin investment, yet without overdoing it... We want to be in the game around 12-15 years from now when we are reaching our early 50s and perhaps wanting to pull the fuck you lever so that we either never have to work again, or we are ONLY doing the kinds of work that we want to do and sure one of the kinds of work we expect to do would be managing our finances... Maybe 4-6 hours per week?

So a goal would be to still be in bitcoin (or whatever our various investment allocations) and without wrecking ourselves, and there are a variety of paths that we could end up taking, yet right now we are seeing being bitcoin-focused is likely amongst the better if not the best of the possible paths.

Even though nothing is guaranteed, I think that a guy who comes to bitcoin and who is continuing to grow his bitcoin without wrecking himself and without overly taking chances, he has good odds in terms of putting himself in a better situation by having had focused on bitcoin rather than if he had not focused on bitcoin... and of course, it is implied that focusing on bitcoin also involves the employment of strong cashflow management practices.

Quote from: Ruttoshi on Today at 02:52:01 PM

Quote from: Gost ms on Today at 07:47:20 AM

You need discretionary income only when you are in the midst of some kind of financial crisis or.

.....If you are in any financial crisis, you should use your float or reserve funds.

Only if it's a real emergency and your reserve funds have been exhausted in the process of solving the problem, you can tap into your emergency funds. And make sure to refill them for future crisis....

I agree with everything in your post, except I would like to clarify a couple of points.

1) float money cannot be used until it is resolved. The idea of float money is that it is being held in order to address unknown expenses, and once those are resolved then the float would convert into discretionary funds, so then it could be used.

I can see how some folks out of over precaution might end up classifying a lot of their discretionary income as float because they had not yet made up their mind in regards to how they were going to spend the money or if the money might be needed for certain kinds of expenses, and surely if some kind of a compelling expense comes up, then surely some of the excessive money that had been classified as being float could be used because it could be taken out of float and reclassified as discretionary monies.

2) There is more of an urgency to refill emergency funds as soon as feasible.. since they should not be drawn into for anything other than emergencies (yet of course people create their own classifications of what is an emergency and what is not an emergency). The reserve funds has less urgency in regards to whether or not they are refilled.

Of course, if a person is constantly ONLY retaining emergency funds as his back up funds and he has no reserve funds, then he is going to be more frequently tapping into his emergency funds for things that probably should have had been prepared for in his reserve funds.. So, yeah of course, we can set these boundaries wherever we like and even move them around from time to time based on our experiences, and personally, I might find that whenever I start to tap into my emergency funds, I start to get nervous that I am running out of back up funds, so sometimes in order that I am not continuously putting myself into such a situation where I am regularly tapping into my emergency funds, I might purposefully choose to maintain a bit higher quantity of reserve funds so that I don't have to regularly put myself into such a stress level.

Actually recently I did this for myself. I increased some of my back up funds by around 15% so that I would have a bit of a better cashflow cushion... and not contribute as much towards some of my own stress.