Quote from: Xun hu on Today at 02:07:56 PM

Quote from: Bigjoe33 on September 28, 2025, 07:27:03 PM

Quote from: Xun hu on September 28, 2025, 01:46:27 PM

Honestly, man, i still don’t fully get this whole “discretionary income” thing. from what i understand it’s just money you can lose without wrecking your life. So i’m sitting here thinking if i skip a pack of smokes and throw that into Bitcoin, ten years later maybe my lungs are healthier and my wallet’s fatter. Sounds like a win-win, right? but then the other side of me goes what if Bitcoin tanks? then i’ve got no smokes and no gains. Double loss that’s where the confusion kicks in.
one thing I am starting to realize, though, is that nobody’s saying “only invest” or “only live it up.” the real trick seems to be balance. like, say i skip a pizza today and toss that cash into Bitcoin one day maybe that turns into enough for the whole family combo.

So yeah, i’m still a total newbie, half the time my thoughts are scrambled, but common sense tells me this: don’t blow all your extra cash, just mix it up a little fun, a little stackin.

Yea, even as we opine for a gradual stacking of stash, using your discretionary, i think it's not also out of place if one gets a little bit of fun too since one can't leave Live generally without giving oneself a treat sometimes. Live should be lived to the fullest. Some stash been accumulated, a little fun been grabbed alongside too wouldn't cause harm. Thats why the discretionary is highly recommended for accumulation, becauce, haven taking care of basic necessities, the left over at hand is your discretionary. What you use it for becomes your will. You can either decide to spend it on drinks at the bar, or some pizza or cigarettes, it's up to you and it's nothing. But at the same time, you can also decide to accumulate Bitcoin with it in fragments weekly or monthly as the case may be.

If you decide to spend it on self and pleasure, you get to enjoy it now and find out in the next 10-20 years or so, you have nothing solid in terms of finance or investments. But on the other hand, if you decide to invest some fraction of the same discretionary funds in Bitcoin, while still grabing little fun, at a long run, you must have saved or invested something tangible if your investment lasted for years(let's say 4-10 years or more).

Bitcoin has proven over the years to be a store of value and worth. Even though we might not predict perfectly where bitcoin would be in coming weeks, months or years, but the assurance of appreciation stands great. Imagine the price or value of Bitcoin in that last 10-15 ago, and check where it is now. You can see for yourself. Then imagine where it will be in the next 10 years or more. Sincerely, Bitcoin is going global, and we will only be fair to ourselves if we grab some Bitcoin to ourselves from our discretionary income and Hodl, even as we also think of having some fun too. We can't possibly miss out in any.

Hmm nicely explained mate i kinda feel the same too, because honestly sometimes it’s hard to just save and not enjoy life. like if I cut off every fun it gets boring, you know
But one thing i’m still wondering let’s say i put a small portion weekly into Bitcoin from my leftover cash and still enjoy like a pizza or hangout once in a while do you think in the long run that tiny stacking really makes a difference?

Investment should be an engagement not a bondage or some sort of slavery, for me it is cool to be stacking up at the same time be having fun.
Putting a small portion from time to time when all put together it will make a lot of sense that is where I see the importance of consistency, have you not considered the analogy that little drops of water makes a mighty ocean.

Quote from: Jostern on Today at 01:14:23 PM

Quote from: avp2306 on Today at 09:20:43 AM

Quote from: Derekfunds on Today at 07:45:50 AM

Quote from: Hardyrobust on Today at 12:16:54 AM

There investors that may not want to go in all at once, they may decide to keep some percentage of there discretionary income and them use the remaining percentage for buying the dip. As per being a low coiner ,it also depends on ones cash flow for someone with a good cash flow management that may have a good amount of discretionary income after sorting out all there expenses may decide not to put all there discretion into buying bitcoin at once they can decide to use some percentage to DCA and the remaining percentage for buying the dips.

Going all in at once is not a bad approach or method if the funds you are using to go all in is from your discretionary income because our discretionary income is meant for Bitcoin accumulation but it will be very disastrous and wrong to go all in using money meant for other expenses that is using money outside your discretionary income. and doing this can be seen as a gamble because it implies that you are using the money outside your discretionary income to buy Bitcoin and then hoping or planning to sell soon if there is little increase in the market and this is why some persons panic and sell at loss because when they have this intention and it doesn't go as planned they will panic and sell.

Well if we talk about long term holding actually I don't see anything wrong about deciding to use all their discretionary income to buy Bitcoin.

Since somehow this is good move especially if they don't have any plans to diversify or explore on other investment since buying lots of volume would give them a chance to earn more returns on Bitcoin.

What I really think will be wrong for doing that is if they put all in on their Bitcoin short term trades since there's really a good chance that they suffer some volatility issues that might cause them to lose their money especially if they get panic easily.

I think in an ideal situation it really don’t make so much sense if we invest all our discretionary income, I really don’t think that is a very realistic idea, because we can only invest some of our discretionary income into bitcoin, there are guys who do such things like investing in bitcoin with all their discretionary income, that would be a very wrong move.

However if we have a long term plans in Bitcoin investment, we can always try to stay consistent and buying bitcoin on a regular basis with some amount of our discretionary income, but I must still say it again, we’re not meant to invest all our discretionary income into bitcoin, investing some part of our discretionary income would be more sustainable.

I know there are folks who still invest all their discretionary income into bitcoin, and it probably would work out for them because they have some efficient plans and ways of buying and accumulating bitcoin, that they have different cashflow and they feel it’s sustainable to them to go that much aggressive and also having the mindset of being careful with their level of aggressiveness.

It is a discretionary income alot of people uses this money for things that may not add value to their life or bring any future benefits, I don't see anything wrong infact it is not a big deal if anyone decides to use and all of their discretionary income to buy Bitcoin