Quote from: Lembo69 on August 24, 2025, 07:26:34 PM

Quote from: Moreno233 on August 24, 2025, 06:35:15 PM

Quote from: AYOBA on August 24, 2025, 03:56:55 PM

Quote from: Jostern on August 24, 2025, 12:55:46 PM

Perhaps if there was a possible way of locking our Bitcoin investment and just to keep buying and accumulating always, that would’ve been the possible way of keeping our Bitcoin investment safe from some temptation of always going all round to always checking the price of Bitcoin and also getting worried about the price of what the situation of market price.

Honestly, with the way overtemptation makes some people feel bad whenever they invest in Bitcoins, if there are ways to lock it up, people will not be too worried about market price fluctuations. No matter how bad the Bitcoin market becomes, they will just ignore it because they will have no business dealing with the market until the lockout period has over before they can access to their Bitcoin investments.

I don't know what you mean by overtemptation but I do know that those who fail to invest only their discretionary income into Bitcoin will end up in panic when price is making a correction. You cannot have peace of mind when you invest money for your basic needs or money that is not your own into Bitcoin. This practice is not recommended for any investor because it creates fear and anxiety since the investor would want to see the investment in profits just now whereas Bitcoin have the liberty to do what it pleases. To avoid being in this terrible situation, it is always recommended to invest from your discretionary income only and also set up emergency which will help the investor take care of any urgent matters that was not planned for when calculating the allocation of the discretionary income or income for basic needs.

You should not invest in Bitcoin any money that is allocated for your daily expenses. Invest money from your considered income. Or any money that you will not need in the next 10 years. Or if you have money that you want to keep in the bank, invest that money in Bitcoin. Or if you do not have such money, then keep investing in the DCA strategy with small amounts of money and increase your portfolio. And start investing for the long term.

Set aside some amount of money from your income source every month for investment. And keep investing slowly with that money, so that your investment will increase over time and you can also invest for the long term

Discretionary income is the amount of money left over after meeting the daily needs of the family properly. This method is excellent for investing in Bitcoin under DCA method. Buying Bitcoin in a lump sum through floating cash may be better if you are confident about investing in Bitcoin. You should invest in Bitcoin through your own decision by accheiving basic concepts and knowledge about Bitcoin and refrain from making decisions against the wishes of others. You are completely responsible for your assets, so you should use your own discretion in making the right decisions.

Bitcoin is a volatile asset that can pump or dump its price at any time, so it should be deposit as discretionary income for investment. Real assets are needed to survive in the future and at the same time, buying Bitcoin to protect your assets from the risk of inflation may be a excellent decision for you.