You have tried to go in a better direction in terms of investment which is specifically with Bitcoin and I dare say that it is the best option that you need to maintain in the long term so you only need to stay focused on doing it continuously without getting bored. Because the investors in Bitcoin that we have seen in the past have also reaped more satisfying results at this time so that it has certainly become a fairly accurate example for everyone who wants to take that path. I am also trying to do something like that at the moment even though on the other hand I am also struggling to increase my own income to become bigger.

For sure, I have never said that any of the investment process is easy, yet surely many of us realize that it becomes easier with practice and we improve one system at a time, and surely some folks might have some really messed up finances, yet they can still start to invest in bitcoin and little by little improve their various cashflow management systems while they are building their bitcoin investment size, and yeah, maybe many folks have to start out with just investing $10 per week and work theirselves up to higher levels after also fixing aspects of their cashflow management systems and/or practices.

As long as we are able and can balance it with the income we have, why not? There is nothing that prohibits us from aggressively buying bitcoin, in fact it can be a pretty good thing, it just needs to be underlined that in this case we have to see whether we can minimize the risk or not because this is clearly closely related to our financial condition.

If we really can't balance it, it might be better not to do it, but when we can balance the income we get, the expenses we make and of course the investment, then I think there is no problem, in fact it will be a pretty good thing because we have the potential to get more bitcoins.

I personally want to do that but I realize that my financial condition is not good enough to handle aggressive purchases because I also have many needs so I don't do it, but that doesn't mean we shouldn't make aggressive purchases because as long as we can, do it.

Investing in Bitcoin with an emergency fund can cause more losses for the investor. Because if an investor invests in Bitcoin with an emergency fund, and after some time if he needs the money, what will he do? Then he will have to sell his Bitcoin holdings compulsorily, and if the price is low due to the volatility of Bitcoin at that time, he may also suffer losses. So these should never doing any time, danger can come at any time, when you need money. So the emergency fund should be used only for emergency situations. Using it for other purposes means destroying your protection charm.

It is better for a trader to just quit trading and fully focus on Bitcoin investment if he or she really interested in bitcoin investment. That is the only way to be successful in Bitcoin investment. Trying to trade while also investing in Bitcoin will be very hard because trading has a short-term aim of making profits, whereas Bitcoin investment is a long-term journey some attention will be diverted and one side may jet more focus than one which i believe most people will focus more on trading as it short term result and that will seriously affect someon bitcoin investment.

Trading has no guarantee, and it is a very hard way of making profits. It is very possible for someone who loses all their funds in trading to tamper with their Bitcoin investment, thinking they can recover their losses through trading. From there, it is probable that the person will lose all the Bitcoin they have been accumulating.In fact, doing both trading and investing will not allow someone to focus on buying Bitcoin consistently over time.

Many normal people are not used to investing at all, so many normal people struggle to even invest 10% of their income into bitcoin or into anything else.  Many times beginners need to start with amounts that are more practical, such as 10%, yet still if you are able to invest higher amounts and still cover all your expenses, then surely you are likely to build up your bitcoin investment much faster, including that a person investing 30% of his income into bitcoin will be able to reach the investment of 1 years of his salary into bitcoin within about 3 years and 4 months.... which surely can be a good thing if people are able to accomplish that and without putting themselves into financial stress including maintaining various back up funds including emergency funds and reserve funds...and otherwise strong cashflow management practices.

Generally, it is good to have at least 3 months of emergency funds that are in the currency that your expenses are denominated, which you never touch absent an actual emergency in which you might lose income and/or your expenses might go up (such as an accident that involves costs). .. so then extra back up funds that you keep in excess of your emergency funds would be more flexible in regards to what those could be used for, such as buying bitcoin on the dip, or some other kinds of savings that you might have for example to buy yourself a computer or a phone or a car or a motorcycle or take your wife/girlfriend out for dinner or a special trip, buy a bike for your daughter or some other kind of thing that might not be in your regular budget but you want to save up for.

It is o.k. to invest 20% of your income into bitcoin as long as you are investing from discretionary income.

it is a better practice to account for your expenses first, yet if you are sure that at least 20% of your income is going to be discretionary income, then there is no problem to invest 20% into bitcoin.

Also, if you have back up funds, such as an emergency funds and reserve funds, then those could save you if you make a mistake by accidentally investing too much into bitcoin in any given pay period.