Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
sotelorene
on 07/09/2025, 15:29:57 UTC
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 don't think it's a problem if someone invests in Bitcoin using their savings. Savings are essentially the money left over from the money we've already used for our needs. Therefore, savings can be considered discretionary funds, but the difference is that they've been accumulated well in advance. So, don't assume savings aren't discretionary funds; in my opinion, they are. Therefore, it's actually a good idea to convert savings into Bitcoin, as this will certainly protect them from inflation and will undoubtedly increase in value. So, the point is, don't confuse anyone with your assumptions, because you might be misunderstanding this too. Money for necessities and money for savings are two different types of funds.

I disagree with you dude, only discretionary should be use to invest in Bitcoin and in case you have forgotten, when we made mention of savings it comprises of discretionary, emergency, backup funds etc and so you should specified what saving because emergency funds and backup funds can not be used to invest or accumulate Bitcoin else you will suffer it in time coming. So please don't make newbie here believe we can use our saving to invest in Bitcoin because that is not true, only discretionary income should be used to accumulate Bitcoin.