Most of us in today don’t really use cryptocurrency for what it is but rather, focus on having your use it for a store of value which is actually one means to use it but then, in all means that we might employ to its utility, I’ll advise we ensure to stick with its core values which centers on decentralization and anonymity. You just have to understand that Bitcoin would always remain Bitcoin but, how you choose to use it makes a lot of difference too.

yes, investing using discretionary money is indeed very good and indeed the right way to buy btc is to use discretionary money. but in my opinion, if invest using half of discretionary money, of course, in my opinion there is nothing wrong because of course not all discretionary money is put into btc. but honestly I am impressed at someone who is so ambitious to buy btc that he wants to buy half of his income whether it is discretionary money or not. but it is true that your opinion is that if our have income from other sources, there is nothing wrong with using half of income to buy btc.

considering that investing in btc is best for the long term, of course an investor must be able to manage existing income which is certainly so that we can hold btc for the long term and for sure we also don't forget about emergency funds and it would be better if emergency funds should always be added because of course fiat money is always exposed to inflation and of course if the emergency fund is more and more, of course, it will definitely make us longer in holding btc, it could even be more than 10 years and will not sell the btc because if there are unexpected needs, we always use emergency money because of the large amount of emergency funds. and it is true that if for example we cannot manage it and not in a good way in investing in btc, it will definitely end up selling btc because of unmet life needs.

When you are building up the amount that you invested in bitcoin to be at least 3 months of your expenses, then during those times, you may well be in position in which it is preferable to build up the emergency fund and the bitcoin holdings at around the same pace, yet once your bitcoin reaches more than 3 months or more that you have put in of your expenses (it might have had grown through bitcoin appreciation too), then you are likely going to be putting your bitcoin at risk if you are letting your emergency fund have less than 3 months - including 1 month of your expenses seems really risky, even though surely guys are free to judge their own situation and to figure out their risk levels.  So many poor people get themselves into trouble because they fail/refuse to build anything close to a sufficient back up funds system, and then their bitcoin end up serving as their back up funds, which ends up leading to their having to sell some or all of their bitcoin at a time that was not of their own choosing, even when they could have had engaged in reasonable levels of back up funds that would have had saved them from such situation, so they end up having fun staying poor... and perhaps never being able to get back to the bitcoin position that they could have had or should have had with the establishment, keeping and maintaining of a bit more preventative precautionary measures in place, and adequate back up funds is one of them and not overdoing and/or shitcoining and/or trading (gambling) with their bitcoin is another those good practice measures that are likely even more important for poor people.


Use of leverage in bitcoin is a more advance technique, and merely because it is advance does not mean it is a good idea to even try to employ it beyond perhaps in some modest ways.   Frequently it is better to start out in bitcoin with straight-forward only longing of bitcoin through regular buying, yet the reality of the matter is that guys might come to bitcoin with an already high level of use of debt and even quite messed up finances based on their poor cashflow management and their already existing debt-ladened situation.  Guys have to figure out how to work with from where they are at which might mean investing in bitcoin and trying to resolve some of the more egregious portions of their debt, yet at the same time, they may have to learn some techniques to be more responsible and to gamble less with their finances, and like you mentioned, setting up systems that help you to not get overly emotional about BTC price moves in one direction or another, even though we likely cannot completely take emotion out o f the equation, there are still ways to lessen the likelihood of high emotional levels.

You don't seem to be clear here that if BlackRock is buying bitcoin they are doing it because of the people, who have a growing demand for their spot ETF, not because the company itself is increasing its position in bitcoin as MSTR and others are doing. People demand more bitcoin, Blackrock buys. But if a panic were to break out in the markets and people start selling IBIT BlackRock will sell, unlike bitcoin treasury companies who don't sell no matter what.


You've beaten me to it.

Well if you are even thinking of going to sell your Bitcoin you do not like profit. Bitcoin did hit a new all time high of 123k and now it is back down to 118k.
I do think we will see this all time high of 123k before we do end this month. So we should not want to sell out Bitcoins. We can buy them for cheaper now and wait for us to go back to the all time high and then more.

Well yes.  The loss of selling bitcoin at various points when a guy is still supposed to be trying to accumulate bitcoin comes from both taking the chances that the BTC prices goes down, but also potentially losing opportunities to continue to ongoingly build up his bitcoin holdings in a sure way (even if the value of his coins are ongoingly fluctuating), which is continued buying… and surely, a person could get lucky with some attempts to trade his bitcoin, yet it is likely not going to make as much difference to his whole stacking experience in terms of actually building his bitcoin rather than taking chances with it as just staying focused on ongoing, consistent, regular,  persistent and perhaps even aggressive buying of bitcoin, which suredly contributes to the bitcoin stash growing and growing and growing with the passage of time, even if the value of it might also fluctuate considerably… so that 4-10 years or beyond down the road, the bitcoin accumulator can look at his bitcoin stash and even his bitcoin stacking history and ongoingly show that his bitcoin stash had been growing larger and larger and larger through the years and at all stages, and surely some coins will have higher costs than others, but still overall, he may well find that large portions of his bitcoin stash are in considerable profits.

There also might not be any major, material or significant difference between some of the coins that he bought at various price points through the years of his accumulation, since throughout his ongoing stacking of bitcoin through the years, he would have not really had much confidence about if the BTC price was going to go up, down or sideways especially while he was in the midst of stacking bitcoin, even though afterwards he can look back and see what happened, and it seems more clear, even though while he was stacking he did not really know if the BTC price would go up, down or sideways,

and in the end perhaps all of his coins that are older are likely well in profits by at these later points of 4-10 years or more down the road, and even the way that he starts to consider his bitcoin holdings has to do with how many bitcoin that he has in total rather than getting distracted into the specifics regarding which coins happen to be more profitable and which coins happen to be less profitable.  By the time, he is trying to figure out what to do, he largely just has to consider how many coins that he has and if he had been ongoingly building his stash, then he likely ended up putting himself in a better place as compared with alternative ways that would have had been gambling the extent to which he might have had been able to accumulate more bitcoin or not..  

For example, if a guy with a $30k per year income had spent 9 years accumulating bitcoin at about a rate of $100 per week, which would have been somewhere in the ballpark of 17% of his annual income, and after 9 years, he had invested right around $47k into bitcoin, and he had accumulated right around 12 BTC, right now, he may well be feeling quite good about his ongoing somewhat consistent investment into bitcoin, since right now he can measure that 12 BTC has a current spot price value of about $1.4 million and more importantly a 200-WMA value of nearly $600k, and so from the 200-WMA value of the stash, he considers that he may well be able to currently withdraw around $60k per year in a sustainable way, which is a doubling of his current, and he would not have to work beyond perhaps merely carrying out accounting duties, and if he were to be worried about withdrawing at a 10% withdrawal rate, he could choose a lower rate and still be able to generate persistent and sustainable income from his bitcoin that is way higher than his current income levels... so he has options, and he should be able to figure out some kind of a meaningful way to benefit from his options whether he thinks he has enough bitcoin or if he thinks that he needs to continue to accumulate bitcoin.


Surely not everyone wants to get to sustainable withdrawal strategy status and to be able to have a passive income, whether that income can completely support them or if it would be an income to merely supplement their other income sources.


In the beginning of our bitcoin investment, we might be a little lost in terms of what we might be wanting to achieve, since it can be quite unclear how adding bitcoin to our investment portfolio (whether we have any other investments or not), will end up helping us to reach various goals that we might have, so surely each of us likely has to make various assessments along the way to try to figure out where we are at and where we might want to go, which likely includes attempting to assess our 9 individual factors and also monitoring the various 3ays that our 9 individual factors might need to be reassessed as our bitcoin stash presumptively get larger and perhaps as our cashflow management practices also get stronger.


Guys might attempt to invest into bitcoin as aggressively as they are able to invest within their financial parameters, and some guys might ONLY be able to invest 5% of their income into bitcoin and others might be able to invest 25% of their income into bitcoin, so surely the more that they are able to invest, then the more likely that they will be able to sooner enjoy the compounding effects of the value in their investment, and surely compounding effects also have a time factor, and surely sometimes bitcoin will go shooting up in a short period of time, but it also has periods of going down for extended periods of time, and so it can be challenging to really figure out how to apportion our investment whether we try to front load or maybe if we think that the price might be going down we don't do as much frontloading until we are more comfortable with bitcoin's price situation, and surely some guys might end up slowing down on their DCAing into bitcoin, which might not be a correct move.

Even if we look at bitcoin's history in the past 2.5-ish years since November 2022.  We can see that BTC price has largely been going up during that whole time, so frontloading and aggressiveness from the beginning would have had paid off quite well, yet it can still be difficult to know when we are in the midst of it.

Yet the newbie bitcoin accumulators are always faced with a similar dilemma in regards to their hardly having any BTC when they are first starting, so part of their ongoing strategy might also depend on how they start and if they are able to front load into the investment.  Some guys are not able to front load into their bitcoin investment and the best that they can do is merely to regularly invest into bitcoin from their regular income and perhaps attempt to determine that it might be a good idea to hold some value on the side for buying dips that may or may not end up happening.

I have ideas about what I would do in regards to my ongoing bitcoin accumulation, yet guys still have to come to those conclusions for themselves and sometimes there can be plans that have differing emphasis and that are going to lead to different results, yet there is not necessarily any compelling case that one plan is more appropriate than another, without actually knowing all of the guys various personal factors in which he needs to account those factors (and the balances) for himself..


I agree that there may well not be any perfect way forward and the guy has options, and the extent to which he might invest aggressively or whimpy or the extent to which he might hold money for buying the dip or the extent to which he might want to build up emergency funds and/or reserve funds has quite a bit of flexibility in which no answer is completely correct outside of the guy weighing the various balances, and surely there are some balances that will work out better for his own situation, which probably should include accumulating and building a bitcoin holdings, yet even guys who agree about that might not come to the same conclusions in regards to how whimpy or how aggressive they should be.


Extreme movements in the bitcoin price can also end up testing your cashflow management systems, especially extended period of bitcoin price moving negatively and even staying in the negative for a long time, including your bitcoin portfolio potentially being negative for long periods of time.


It is true that sometimes it is better to invest into bitcoin a little bit less aggressively rather than making the mistake of not having enough money to cover your various expenses, and surely sometimes there are surprise expenses that might have had been difficult to detect in advance, yet if we are failing/refusing to make adequate preparations, we likely end up contributing to our own emergencies, since we likely need to have some cushion in our budget, especially if we are trying to be more aggressive in our bitcoin investing, we are likely ONLY in a solid place to be aggressive with our bitcoin in terms of our having already created some budget cushion that not only accounts for emergencies but also accounts for mistakes that we might make.. .and to test our own boundaries and even to figure out how far we might be able to push ourselves without over doing it, we likely need to practice and pay attention and even attempt to be honest with ourselves in regards to some of the risks that we might sometimes be taking when we push aggressively, which might well be signs that we are actually overdoing it, even if the situation does not end up imploding upon us.

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