Quote from: G_Besar on September 05, 2025, 09:44:13 AM

It all depends on intention, not just a budget allocated specifically for Bitcoin investments. There are also people who have a substantial monthly income but have no intention of investing in Bitcoin, so they are not considered investors because their intention is not Bitcoin. Meanwhile, people who do intend to invest in Bitcoin will usually continue to strive within their own capabilities while finding ways to continue doing so more consistently under any circumstances, including the current situation.

I am more confident that Bitcoin will rise again this month, and its price has now exceeded $110,000, which is quite good for those who still accumulate Bitcoin purchases weekly. So, let's just carry out the ideas we have individually without having to worry about people who don't believe in Bitcoin because Bitcoin adoption is increasing so the potential for growth will always be there.

In reality, one cannot continue investing only with desire. Even if one has only desire, if one does not have a budget or a plan, can one continue investing? Apart from desire, investment requires stable income, proper budget management, emergency funds, the ability to take risks, long-term strategies, and a long-term mindset. Continuing to invest only with desire or only having a budget is a bit far from reality. Although desire or a strong mindset is important in investing, that desire is never fruitful without proper planning or preparation. Besides, what you said is that if one does not have the desire to invest in Bitcoin, they cannot be considered investors. Yes, in reality, there are many people whose financial situation is good but they do not want to invest in assets like Bitcoin, maybe they do not want to take risks or they have no interest in Bitcoin. But it is not right to call them non-investors just because of that. Investment is a completely personal matter. Not everyone's risk-taking ability is the same and their mindset is not the same. It may be that they are investing in other assets instead of investing in Bitcoin, such as buying gold, land. You can also become an investor by investing in sectors other than Bitcoin. The acceptance of Bitcoin is undoubtedly increasing, which is a positive aspect. However, when we do not have an investment decision, is it realistic to only expect an upward trend? It is good to be confident, but assuming that certainty makes the decision one-sided. Both these things should be kept in mind that the price of Bitcoin can increase as well as decrease. And accordingly, the ability to take risks, planning and market analysis are important before investing.

Quote from: Showlove01 on September 05, 2025, 08:26:50 PM

I agree with you but Investing with discretionary income won't help us to be fit to solve our problem and if I may ask what problem are you talking about? Do you mean financial problem? If you are referring to financial problem then our discretionary won't or can not help us to solve it because our discretionary is only meant for buying or accumulating Bitcoin in order to grow our portfolio. What will help us as an investor to be fit to solve problems is our emergency funds, because after discretionary funds comes emergency funds because that is what we need to offset any problem that will rise or come up and so it is very necessary for an Investor to always have an emergency funds and not just an emergency funds but a good one.

Discretionary income is basically the money left over from essential expenses that we spend on savings, investments and emergency funds. With proper financial management, we can get help in emergencies from discretionary income, build future security and bring financial stability. We create emergency funds from discretionary income and at the same time it is a source of investment.

Quote from: ZeroVinsonN on Today at 06:18:37 AM

You seem to think that discretionary income and emergency funds are widely different, you emergency funds comes from your discretionary income the same way your investment comes from it as well, discretionary income isn't necessarily meant only for investment, the amount of discretionary income you decide to use to invest depends on how aggressively you want to buy bitcoin and after investing you can always put what's left from your discretionary income into your emergency funds, this is because an emergency fund isn't a part of your daily, weekly or monthly necessity, so you can only save for emergencies after you have taken care of what's necessary and once you have taken care of what's necessary you are left with your discretionary income which you then split between investing in bitcoin and saving up for emergency. Also, you don't save up for emergency indefinitely, after saving up for a few months worth of emergency funds you can decide to put the rest of your discretionary income into building up your portfolio and you can rise from investing on a medium level to becoming an aggressive investor, you should know that buying aggressively doesn't necessarily depend on how big your investment is compared to what others are investing but how big your investment is compared to your total discretionary income so the more of your discretionary income you invest in bitcoin the more aggressively you are buying bitcoin.

Your comment about not saving for an indefinite period for emergency funds basically implies that emergency funds should be limited in amount, which is correct. However, there should be a clear goal for emergency funds. So that it is understood that saving for how many months of expenses will be enough for you. If the emergency fund runs out in an emergency, you can get stressed. There are many who are suffer from complacency by keeping a small amount of emergency funds, which is dangerous. On the other hand, there are many new investors who do not consider the need for an emergency fund. This is understood only when the fund runs out and you are really at risk. You need to have a cash flow plan for at least 3 to 6 months or 12 to 18 months. Or you can set a threshold for an emergency fund by determining your safety margin. However, I believe that being financially secure is essential if we want to succeed in our investments.

Cgrexp

Posts

Merits