Post
Topic
Board Beginners & Help
Re: Reasons to use only Discretionary Income for Bitcoin investment.
by
SuperBitMan
on 23/08/2025, 18:27:52 UTC
Aren't most people like that in the first place? Huh

I'm curious which person who get paid for $2K in fiat, then he immediately convert it to Bitcoin the whole $2K he got paid. Is such person able to survive without eating food and sleep on the street?

Solosanz some set of people can use there full salary to invest in Bitcoin hoping to get a little add to the money in a week time, some Bitcoin traders does this.
Haven't you seen people that use there salary to gamble in other to get additional money, that is how some set of people especially Bitcoin traders do.

Is not only about using your full salary to invest in Bitcoin if for example you are receiving $2k monthly and the money for your essential needs for the month is $1500 meaning your Discretionary income for that month is $500 if you use $800 or even $600 to accumulate Bitcoin you may get into a financial situation that you will make have no other option but to dip hands into your Bitcoin investment, so that is why I'm advising that you stay within your Discretionary income so you won't get yourself into a financial mess, because any bill or essential needs you leave will be waiting for you and if you keep ignoring it, it will keep piling up and can affect you badly in the future.
So everyone should use only his or her discretionary income to accumulate Bitcoin the only time you may go beyond that is when you have a strong backup funds.