Post
Topic
Board Beginners & Help
Re: Reasons to use only Discretionary Income for Bitcoin investment.
by
ejikeme24
on 01/09/2025, 13:39:02 UTC
...Some people use their extra money to gamble, club, drink, womanize and many more but it's wise for you not to use this funds for consumption purpose. ..
Investing with your discretionary income allows you to pile up more bitcoin for yourself overtime and hodli till your desired time.

But in any case, you should not limit yourself to entertainment, because living with the sole purpose of accumulating more bitcoins is pointless. You have provided a good list of what you can spend your discretionary income on, do not limit yourself, because life is short)
That's true but when the discretionary income is low and not be able to meet up with the bills of entertainment and bitcoin investment

If your discretionary income is low and can not be able to meet up your entertainment Bill and that of your bitcoin investment then you have to make adjustments maybe if your weekly or monthly bitcoin purchase is $100  then you have to reduce it to $80 or $70 I'm sure that the remaining money will be enough for your entertainment maybe if you used to spend more than this in entertainment before then you also need to reduce it  since your discretionary income is low. However as a Bitcoin Investor you're supposed to have emergency fund or reserve fund should incase your discretionary income is low you can easily take from any of this funds to sort things out, at some time looking for a way to increase your discretionary income.