Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
SPIDERMAN008
on 28/08/2025, 05:45:59 UTC
https://i.ibb.co/TD8vGpzq/20250821-080408.png

Source: https://x.com/simplykashif/status/1958028666950021229?t=p7s98iGSP62g8DSxm5O1qw&s=19

According to the article this man has been collecting and selling used cans for the past 2 years and uses the proceeds to buy Bitcoin and now he is near having one Bitcoin.

I am bringing this here to encourage those who are in their little way doing what they can to accumulate Bitcoin, this story proves that it is not more about what you do but how consistent you are in buying Bitcoin.

A used can picker is not the most tech savvy man in the world so not being tech savvy is now not an excuse your present work can be your means to start no matter how small the result will show up over time.
I saw this post in my LB and though it would be a source of encouragement to lots of people here to find ways to make discretionary income available even if it means taking a side hustle and start investing instead of just waiting until whenever you would start having discretionary income to invest into bitcoin, you can actually do more to raise such income that you would use to invest into bitcoin just like this guy. Another remarkable thing is his consistency for a long period of time, doing the same thing over and over again and investing the proceeds into bitcoin, this is an evidence of great dedication, commitment and consistency in his accumulation journey which is required of anyone who wishes to be successful in his investment into bitcoin.
You said  that the purpose of an emergency fund can be defeated if a separate backup fund is not created for regular but non-urgent expenses like rent, school fees, gas refills. Therefore, it is important to have separate funds for real emergencies and regular expenses. What I think is that expenses like rent, school fees, gas refills, all these types of expenses are included in general expenses. No kind of fund is needed for these expenses. All these expenses are included in the mandatory expenses of a family. After the income comes in a month or a week, a person will pay these expenses for his family. The money that remains after all these expenses is discretionary income. With that money, he will invest in Bitcoin and along with this, he will create a reserve fund, an emergency fund. In case of unexpected financial problems like medical treatment, or buying a new phone, or buying some furniture for the house, then he will take money from the reserve fund and continue to pay for these types of expenses. And when his income source stops for some reason or he needs a lot of money for some kind of emergency and it is not possible to meet it with the reserve fund, then he will take money from the emergency fund. Which was saved for 3 to 6 months. As a result, Bitcoin investment can be continued for a long time without any problems,