What about someone that does not have a discretionary income yet the person knows how to manage his or her investment without all of that mentioned yet invest on it very well and become stable in the investment stronger and better than those that are financially stable buoyant . when it comes to source of income been consistent in ur investment can help you reach and figure out ur goal and sustainable desires in life ur important needs and achievement.
Investing without a discretionary income is quite a tough one. You don’t have to be financially stable before you can have a discretionary income , some folk are not that stable when come to finances but are still doing good , is all about planning. The advantage of using discretionary income is that you can hold for long without thinking of running to it whenever there is any situation that requires money . Because is money you can stay without using for long like a left over , and beside before having your discretionary income your emergency funds have already been set aside .
Investing without discretionary income will affect your aim of being consistent because is not everytime you will have money to put in your investments. And you will be. Battling with some expenses because you are using the money you are suppose to use for those expenses to invest which may lead to early withdrawal of your investment. To be able to balance such you have to be good at planning to be able to provide a discretionary income no matter what like reducing expenditure, reducing your want and focusing more on your needs .
Honestly in the right sense, Someone that doesn't have a Discretional income shouldn't have any business with Bitcoin investment because what's is needed to accumulate bitcoin is from his discretional income. Sometimes when he gets too excited investing in Bitcoin, he may start buying bitcoin outside of his Discretional income by using funds meant for his basics needs to buy Bitcoin regularly. Offcourse when he starts buying from his main source, at this point he is not just investing wrongly but he is also gambling with his Bitcoin investment by investing directly from his main source instead from his discretional income. by buying outside of his Discretional income will make his Bitcoin investment vulnerable. Vulnerable in the sense that when personal necessities he has ignored and left unhandled start pressing hard on him,he may be forced to start selling his Bitcoin investment to cover up those expenses.