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Discretionary income is not meant to be spent on things that are not meaningful; it is the money left over that needs to be spent wisely.
I don't think there is any law to state prohibits people from spending their discretion the way they like, in as much as discretion fund is often used for Bitcoin investment as we have been conversant with on this thread does not mean it can't be used for any other things. If a person decide to have some fun with his discretion fund, I think there is no problem and we cant see it as not spending it wisely because each an everyone has the right to spend their money on what pleases them. For instance I may decide to invest %80 of my discretion to Bitcoin and use %20 for fun and that does not make me a fool or making a financial mistake.
As a reasonable investor, it doesn't make sense to go clubbing when you can't afford it, and there are other tasks that are valuable to meet.
Just try to get the fact, going to the club as an investor does not mean you don't have other important things to do with money but just like they say all works without play make jack a dull boy. We should invest and also have time for fun. And yeah we need to be careful as an investor not to be carried away and spend above our budget.
As an investor, it is very important to have knowledge of money management, to know what you want, how much should be spent, and the amount of money that needs to go for investment. If you pursue a lifestyle that you cannot afford, you may end up being unable to make any investments.
First of all you need to know that discretion fund is the leftovers amount after your expenses, which means that you have marked out the important ones before you have your discretion. So now what are you planning again with you discretion fund? Because according to your explanation we are talking about discretion fund, and this fund don't need fotjer planning aside Bitcoin investment and any smaller task since the bigger taks has been accomplished.like I said earlier there is nothing wrong having fun and don't use because of investment and deprive yourself of having fun. Life without fun is meaningless. Don't forget that the money we are investing is to also have a better life thereafter but doesn't mean we can't enjoy a little at our youthful age while preparing for the later fun.