Quote from: Miramax12 on Today at 04:23:55 PM

Quote from: Silikiem on Today at 06:16:03 AM

Quote from: Showlove01 on September 05, 2025, 08:26:50 PM

Quote from: Nightwatchmare on September 05, 2025, 05:11:26 AM

It's unwise to invest in Bitcoin with our savings because that's not the right way to go about Bitcoin investment and any investor who indulge in such practice won't last long in Bitcoin investment since there's a big possibility we will use the money meant for our expenses to invest in Bitcoin, and when it's time for us to solve our expenses, we won't have enough money to take care of our expenses and we will completely depend on our Bitcoin investment to sort ourselves out. It's always wise we invest in Bitcoin with our discretionary income so that we will always be fit to solve our expenses, and it will help us to remain in the game for a very long time.

I agree with you but Investing with discretionary income won't help us to be fit to solve our problem and if I may ask what problem are you talking about? Do you mean financial problem? If you are referring to financial problem then our discretionary won't or can not help us to solve it because our discretionary is only meant for buying or accumulating Bitcoin in order to grow our portfolio. What will help us as an investor to be fit to solve problems is our emergency funds, because after discretionary funds comes emergency funds because that is what we need to offset any problem that will rise or come up and so it is very necessary for an Investor to always have an emergency funds and not just an emergency funds but a good one.

Investments made with a discretionary income and at same time building up or setting aside money for an emergency (emergency funds) is the right way to keeping yourself afloat in your accumulating to invest in Bitcoin for the long term goal . In this sense, you’ll not have to tend to selling off part or all of your bitcoin holdings for any emergency situation which needs money to solve, and at the same time you’ll not use the money meant for other financial obligations to invest or accumulate bitcoin . Your Emergency funds plays a very significant role in achieving a significant level of success in your bitcoin investment and at such it’s of a great priority for every investor to be able to set aside a very strong Emergency funds alongside your accumulation of bitcoin, it’s advisable that at least a 3-6 months worth of your expenses is ideal for your emergency funds.

I totally agree with you on this, investing with funds that is meant for daily expenses is really risky and can lead to unnecessary stress down the line , treating Bitcoin as s long run play with discretionary income not only protects your financial stability but also helps you stay in the market without pressure. smart investing is all about balance and managing risk, great for everyone diving into crypto.

Investing with the funds that is not your discretionary income is gambling such person is only gambling with his investment and he cannot be able to hodl for long because he is using money for his daily family expenses to buy bitcoin which is wrong, bitcoin investment is a long term investment it's also not risk free so when buying it should be done with our discretionary income which is also money you can afford to lose, money that is left over after making sure you have kept every necessary of your needs in place you can start buying bitcoin with the income left.