Quote from: Gost ms on Today at 04:14:01 AM

Quote from: Derekfunds on August 25, 2025, 11:08:17 PM

Is good to have a long term vision and accumulating consistently but it is not just about these because it is possible to be accumulating consistently with the long term goal and yet one doesn't have a good back up funds and emergency funds that can take care of unforseen circumstances because there will always be a circumstance or circumstances because Bitcoin investment is not all rosey, there are always trial time and this defines who is a real investor and who is not and a real investor will always overcome because they always prepare ahead of time and are always ready for anything.

Saving money and depositing Bitcoin or accumulating Bitcoin are two completely different things. Saving money is depositing cash. For example, depositing some amount of money from our discretionary income in cash. Depositing or accumulating Bitcoin is not. Continuing to buy continuously with our discretionary income until our goal is met is Bitcoin accumulation.

There are many people who cannot plan properly for the right information. For example, there are many new investors who invest but after investing, they have no idea about what they need to do to protect their saved Bitcoin. A person needs to start investing first and then he needs to learn all the aspects. Because if a person just invests and does not do any kind of research after that. Like what is the use of emergency fund etc. all these things need to be learned. But first if a person has a source of discretionary income then he needs to start investing. It is never right to wait to invest.

How then do we saved money in Bitcoin if not by deposing /convert our FIAT currency into Bitcoin. When used the word saved & deposit in regards to Bitcoin, it literally means either your investing by saving in Bitcoin or your re probably depositing your FIAT as USDT to buy Bitcoin but it also depends. If it's a trader then it's obvious he's depositing to buy Bitcoin for trading and if it's an investor then he should be depositing to accumulate more Bitcoin for his long term Holding.

Don't you think an investor that's learning to know every aspect of Bitcoin will end up getting confused by trying to know everything about bitcoin. I think the first and most important aspect for a beginner investor to learn about bitcoin is know how to buy and & Hold and as long as he does it right then he's good to go. When accumulating bitcoin consistently, he might as well learn how to build his emergency fund & Reserve fund from his discretional income. Emergency & Reserve funds are kept to save his Bitcoin investment from unexpected future occurrence that may likely happens.