Therefore, I believe delaying investing in Bitcoin until we have discretionary funds is a bad idea. Time is ticking and can't be undone.
Don't you think you are getting it wrong here? That we should invest in bitcoin even when we have not figured out if we have a discretionary income to invest so i believe it's still ok to wait if there is no discretionary income to get started with.
The reason you should invest with your discretionary income is that things might not go as have plan it might go dip so if you invest with discretionary and such thing happens to occur you won't get your self up set because you invested with what you are afford to loss .
I do not agree with the stance that one should invest quickly, as time is ticking. If anyone has such a mindset, then he will surely incur losses, or even if he does not sell at a loss, his portfolio will be in unrealized losses. One should invest after due diligence and also in parts. People usually invest all in bitcoin (or any other altcoins) at once, thinking that it will only go up from here.
Investors need to understand the market but unfortunately, most people come into cryptocurrencies thinking that they will become rich overnight. That's the reason most people lose money in crypto, and very few are able to make a profit from it.
I have seen many investors who have been planning to invest in Bitcoin for a long time but have not been able to invest in Bitcoin until now because they have not yet found the right time to invest, so what do you say to all these planners about investing in Bitcoin? There are some things that never work if you think too much about them. Investing in Bitcoin is undoubtedly a good thing and if you can invest here consistently, then there is a possibility of getting a good amount of profit from it in the future. Knowing this, if an investor is only waiting for an opportunity and even after years, they cannot invest in Bitcoin, then I think they will not be able to invest in Bitcoin even if the price of Bitcoin reaches its lowest level. As an investor, you must take some risk of money. If an investor cannot take this minimum risk, then investment is not really for him.