Buy Buy Buy or Sell Sell Sell?

[Derekfunds]

Honestly speaking I don’t think there is anything wrong if an investor choose to invest all his discretionary income into bitcoin, considering that you have taken care of your expenses and you’ve an emergency and reserved funds, if I choose to invest all my discretionary income into bitcoin, instead of using it to extravagance lifestyle of buying cloths and during drinks and cigarettes and clubbing, at this point of my accumulation stage I think there is no need for such lifestyle.

I would prefer using my discretionary income to buy more Bitcoin and be more aggressive instead of using my discretionary income for some unreasonable and unrealistic activities.

Investing aggressively is good but to an extent, just as you have said if you have taken care of all your expenses and still got an emergency and reserve funds them you are good to go , you can invest aggressively into Bitcoin and stack up your portfolio instead of wasting your discretionary income in an unnecessary things that you may look back and regret tomorrow, but since Bitcoin is a long term investment I would advice you invest with your discretionary but not all so it won’t result to you selling it , you can just invest little by little and before you know it , you have got a good portfolio.

A person level of aggressiveness all depends on the amount of discretionary income available, they can’t go outside the line meanwhile if the backup fund is set it’s a free will to invest aggressively but, make sure you’re not doing too much when you need to save up more emergency and reserve funds alongside investing. One thing about buying aggressively it must not always be regular, honestly we have different financial crisis and yours is different from mine or unexpected situation just comes up reason we should invest knowing our capacity to further investing for a long period of time like 10 years plan.

Yes, I totally agree with you agreessive investment should not be done often because there is every possibility that you will run out of funds and once an Investor run out of funds it is going to be a very big problem. The only thing that should be carry out or done regularly or often is our DCA method while agreessive investment should be done once in awhile when we have saved up something big that will help us take advantage of the market. Anyone investor who doesn't understand this word investing agreessive might exceed their limit and one thing about investment is that once you exceed what you are suppose to..., you will see the consequences but a good investor can reduce the consequences by taking necessary actions.

I think that our level of aggressiveness would depend on our personal decision and the situation that we could find ourselves considering our financial circumstances and financial capabilities it’s wise that we consider our financial management, I believe that before an investor considers buying Bitcoin aggressively the fellow must have put everything in place before considering how to be aggressive and when to be aggressive, that is why it’s best to be cautious as well and try to know our limit of being aggressive. Well I think it’s just our mindset of making decisions based on our aggressiveness decisions.

Investing aggressively is not a criteria that one will be successful in his or her investment rather it is just a way of facilitating our investment and so whether someone invest aggressively or not they will surely get to the desire target provided they are following the process accordingly. Aggressive investment to me, is more like a trap to those that can not control their emotions and those who are greedy, some people take this aggressive investment upon themselves because they want to invest more than their friends and there are also some that can not hold themselves when there is dip because they want to double up even when they don't have enough to take advantage so it is a trap to some and so we should be wise.

[Miramax12]

Yes, I think that Bitcoin is in a deep stage right now. Because the way Bitcoin's value has started to increase and its popularity is spreading, even if its price fluctuates in the future, it cannot be expected to be much lower than the value it currently has. If anyone  can invest in Bitcoin on a regular basis using the DCA method, can definitely make good and unimaginable profits.To get actual profits from Bitcoin must invest for a long time. Because investing for 1-2 years doesn't really have much impact on Bitcoin's valuation. Need to invest for at least 4 to 10 years.

When a person is thinking of investing in Bitcoin, he should continue to buy Bitcoin as much as he can, even if the price keeps falling. You and I cannot say when the price of Bitcoin will ever fall or rise. If the price of Bitcoin starts rising after starting the investment, it strengthens your morale.
When the price falls, you should not take it as a negative but as one of your buying opportunities. I think you should buy as aggressively as possible at that time because it will be good luck for you.
I don't understand why people sit around risking their money for inflation when they have the opportunity to protect their assets from inflation by investing in Bitcoin and multiply it several times.

Discretionary income is usually around 10% to 20% of total income. So if anybody invest regularly from here,he will definitely get many times more profit in the future than investing in anything else.

I think you have a lot of ignorance about your income and expenditure.
I have seen many people who do not spend any discretionary money on their basic needs from the amount they earn. Again, I have seen people who cannot spend even 5-10% of their income on their basic needs. So how do you say that 10-20% of a person's total income is a discretionary income.
No matter how much discretionary income a person has, we can never force a person to invest in Bitcoin because he can use his money as he wants. We can only say that if someone wants to be financially secure in the future and wants to maintain the security of their earned money, then he should definitely invest in Bitcoin.

Sometimes we might need to describe specific examples in order to attempt to know what a guy might be weighing and the various ways of measuring how  much he is spending on expenses and which kinds of expenses.  How much is his income and how much is his discretionary income.

Many folks are going to have variation, but we can still attempt to describe circumstances that guys might regularly face, yet they are still going to have to deal with the variation, including perhaps knowing which expenses to prioritize first and whether or not they should build emergency funds/reserve funds and/or to invest into bitcoin.

We have also mentioned several times in some of these threads that guys are going to be better off if they have some confidence in the levels of their future income and/or future expenses, but at the same time, in order to invest into bitcoin , all he needs is discretionary funds in the moment, yet if he is going to continue to invest into bitcoin, he has to have some confidence that he is going to have discretionary income and/or funds in the future.

Some expenses are easier to cut as compared with other expenses, yet some guys would prefer to not cut any expenses, but to increase their income, which it can be difficult for some guys to figure out ways to increase their income level.

Reading your post I guess you have explained to what level a person can be aggressive which should be within the person overall discretionary income which the person decide to be investing with comfortably and most come in alignment with your risks level, now two things I consider in my post which investing aggressively within your financial means and also how much of it you can be able to risk which will be different from other people, doing this automatically defines a person level of aggressiveness which the person should go with.

Being aggressive in investing should be completely dependent on the discretionary income of the person. Make sure that you have the necessary backup funds and that you are able to invest consistently. Also, make sure that being aggressive in investing does not have a negative impact on your life. Because, sometimes, being aggressive in investing incorrectly leads to financial problems and a person is forced to take wrong steps in investing.

Never plan to be aggressive in investing by focusing on the market or based on the advice of other people. Rather, consider your position and consider your discretionary income to ensure that you are able to be aggressive in investing or not. If you are not able, then do not take risky steps.

The term "aggressive buying" might sound complicated to the regular guy that is doing his calculated DCA method of accumulation. Aggressive buying is not necessary for somebody who is on a steady income and has a budget for his income, he gets to decide what percentage to use for accumulation that wouldn't weigh him down.

DCA method is hodling for the long term and it's not necessary to be aggressive in buying Bitcoin, except perhaps if the person doesn't have much financial responsibilities or they're very rich. If you don't have excess funds to sustain aggressive buying then there's no point to doing it because you'd most likely get stuck along the way and start to sell prematurely.

 Financial management is essential for anybody that wants to sustain Bitcoin investment for a long term. It all comes down to priotize your needs according to their importance to you. For me the most important is your basic expenses, the rest comes into discretionary funds. From there you'd decide the percentage of what goes into where like emergency funds, Bitcoin accumulation and the rest.

I would suggest that everyone is capable of determining their level of aggressiveness or whimpiness within the level of their discretionary income.  So they can have a lot of discretionary income or a little discretionary income and they can decide how aggressive they are going to be within their discretionary income.

The same is true for DCAing.  A person can  decide the level of aggressiveness or not within his DCA amounts.  He can set up automatic DCA  or apply his DCA manually every week.  There is quite a bit of variability with DCA, so it is likely not fair to describe it as not being aggressive, when it can be set up that way, it can also be set up in such a way that it goes overboard, so it might not be accurate to consider that DCA has to fit particular narrow criteria in order to count as following DCA strategies.

You quoted my post badly, again, but I fixed it in this post.

Of course, you can do whatever you like in terms of holding back value in order to buy the dip that may or may end up not happening.  I think that I already explained well enough in regards to my ideas why newbies should focus on ongoing buying rather than strategizing for dips that might not happen.

You seem to be inclined towards trading rather than investing, since if you have a 4-10 year or longer investment timeline, then surely it might not make much difference if you bought at $123k or at $95k, even if $95k were to be possible.. we don't know, and we don't even know if sub $110k is possible, either.  So if you are waiting for dips that might not happen, you are gambling and potentially failing/refusing to prepare for up with your over-preparation for down..

But again, do what you like.,. it is your money and you have to live with the consequences of your actions, even if you think you have some kind of a trade angle (or buying on dip angle) figured out.

I am grateful to you. You have pointed out my mistake and explained the correct method. I have seen your post and many other posts on the forum on this subject and I have realized that the DCA method is a thousand times better than buying Bitcoin through the dip method. If I deposit money for the dip and if it is not a proper dip, then there is a possibility of inflation and the money can be spent in other sectors, but if Bitcoin is invested, then it will be a strong reserve. And since I myself do not like trading and since I intend to buy and hold Bitcoin for five to ten years, I will skip the dip method and buy Bitcoin continuously. And thank you very much for opening my inner eyes.

Great.  I am glad you were able to identify some actual ways for you to go forward with executing your own ideas and then make adjustments.

Of course, DCA has quite a bit of flexibility, so if at some point later down the line you want to make adjustments, then surely you could reconsider if buying the dip might make sense for you under certain kinds of circumstances, such as if you get a lump sum amount and you invest a lot at once, then it might make sense to hold back some value for buying on dips... Yet, sure, otherwise newbies are likely to be way more advantaged by concentrating on buying every week no matter what, and even having such a seemingly easy goal might be very difficult to accomplish in practice... So then the ongoing practice surely helps us to learn about our finances and even about our psychological limitations.

I know that discretionary income is the leftover money after you have paid for monthly expenses, and you are allowed to use your discretionary income the way it pleases you. I still believe using your discretionary income to live a lavish lifestyle will drive you to sell your bitcoin too early. For example, you can go to a club and mistakenly spend way more than your discretionary income, and if you don't have any other money elsewhere that you could use to complete the money in your hand and pay for the extra expenses you incur in a club in the process of living a lavish lifestyle with your discretionary income, it can drive you to sell your bitcoin too early to pay for your bill in a club so that you could go home and rest.

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. 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. Generally, money is meant to be spent, but if you spend it on things that have no meaning and no value, then you will fall back to square one. With discretionary income, you need to comport yourself very well and know how much you need to invest in Bitcoin and what will be left with you.

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.

The whole idea of discretionary money (income) is that you can do whatever you like with it.  You can be responsible or irresponsible.  It is the money that you have left after your expenses.

Sure some folks invest and others do not.  Some folks buy high quality products and others buy low quality products.

We should not be trying to tell others how to spend their money, even though some ways of living are more meaningful, and some folks don't even believe in investing, and so they may well end up working all of their lives.. so there re likely consequences for the choices that any of su make.

Absolutely  i agree with you on this perspective. Bitcoin has proven time and time again that it's not just a passing trend it's a long-term asset with serious potential. The key is patience and consistency. DCA Dollar Cost Averaging might not be flashy, but it’s one of the smartest ways to build a strong position without trying to time the market.
Too many people panic during dips, but that’s exactly when the real opportunities show up. It takes vision and discipline to keep buying when others are fearful  but that’s usually when the biggest gains are made later on. Bitcoin rewards long-term thinking.
Inflation is quietly eating away at fiat savings, while BTC offers a way to store value with actual upside. It's not about short-term hype it's about long-term freedom.
 

[JayJuanGee]

Honestly speaking I don’t think there is anything wrong if an investor choose to invest all his discretionary income into bitcoin, considering that you have taken care of your expenses and you’ve an emergency and reserved funds, if I choose to invest all my discretionary income into bitcoin, instead of using it to extravagance lifestyle of buying cloths and during drinks and cigarettes and clubbing, at this point of my accumulation stage I think there is no need for such lifestyle.

I would prefer using my discretionary income to buy more Bitcoin and be more aggressive instead of using my discretionary income for some unreasonable and unrealistic activities.

Investing aggressively is good but to an extent, just as you have said if you have taken care of all your expenses and still got an emergency and reserve funds them you are good to go , you can invest aggressively into Bitcoin and stack up your portfolio instead of wasting your discretionary income in an unnecessary things that you may look back and regret tomorrow, but since Bitcoin is a long term investment I would advice you invest with your discretionary but not all so it won’t result to you selling it , you can just invest little by little and before you know it , you have got a good portfolio.

A person level of aggressiveness all depends on the amount of discretionary income available, they can’t go outside the line meanwhile if the backup fund is set it’s a free will to invest aggressively but, make sure you’re not doing too much when you need to save up more emergency and reserve funds alongside investing. One thing about buying aggressively it must not always be regular, honestly we have different financial crisis and yours is different from mine or unexpected situation just comes up reason we should invest knowing our capacity to further investing for a long period of time like 10 years plan.

Yes, I totally agree with you agreessive investment should not be done often because there is every possibility that you will run out of funds and once an Investor run out of funds it is going to be a very big problem. The only thing that should be carry out or done regularly or often is our DCA method while agreessive investment should be done once in awhile when we have saved up something big that will help us take advantage of the market. Anyone investor who doesn't understand this word investing agreessive might exceed their limit and one thing about investment is that once you exceed what you are suppose to..., you will see the consequences but a good investor can reduce the consequences by taking necessary actions.

I think that our level of aggressiveness would depend on our personal decision and the situation that we could find ourselves considering our financial circumstances and financial capabilities it’s wise that we consider our financial management, I believe that before an investor considers buying Bitcoin aggressively the fellow must have put everything in place before considering how to be aggressive and when to be aggressive, that is why it’s best to be cautious as well and try to know our limit of being aggressive. Well I think it’s just our mindset of making decisions based on our aggressiveness decisions.

Investing aggressively is not a criteria that one will be successful in his or her investment rather it is just a way of facilitating our investment and so whether someone invest aggressively or not they will surely get to the desire target provided they are following the process accordingly. Aggressive investment to me, is more like a trap to those that can not control their emotions and those who are greedy, some people take this aggressive investment upon themselves because they want to invest more than their friends and there are also some that can not hold themselves when there is dip because they want to double up even when they don't have enough to take advantage so it is a trap to some and so we should be wise.

You seem to be reading too much into the idea of being aggressive.

Our level of aggressiveness or whimpiness is a choice, and there are ways to be aggressive without overdoing it, and surely the more aggressive we are, the more we run the risk of overdoing it in one way or another.. yet I doubt that being aggressive is a negative because we are able to tailor it to our own aspirations, and try to keep in mind if we might be pushing the boundaries too much in terms of starting to have negative consequences associated with our level of aggressiveness.

[Miramax12]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

Well, that just shows that the market is unpredictable.

You can't time the market because it's very unpredictable. You might see it's price going up for a few hours then suddenly, it will go down. Just look at Bitcoin's price a few days ago when the Coinbase anomaly happened. It went down from I think around $68,000 to nearly $59,000 in just a span of a few minutes.

What's my take on what's happening right now? We're in a time where we need to wait for the market to correct before entering. We have been seeing the market going up for days already, and I don't see any reason for me to enter the market when the market is on the green. I mean we want to buy coins at a lower price, so it's better to just wait until the market corrects then that's the time for us to buy.

A lot of people don’t talk about enough, Timing the market is a gamble, and most of the time, emotions get the best of us either FOMO or panic selling. I totally agree with you patience is key. Let the market breathe and correct. The goal is to enter smart, not fast. It's better to be late and right than early and wrong.

[Proty]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

Well, that just shows that the market is unpredictable.

You can't time the market because it's very unpredictable. You might see it's price going up for a few hours then suddenly, it will go down. Just look at Bitcoin's price a few days ago when the Coinbase anomaly happened. It went down from I think around $68,000 to nearly $59,000 in just a span of a few minutes.

What's my take on what's happening right now? We're in a time where we need to wait for the market to correct before entering. We have been seeing the market going up for days already, and I don't see any reason for me to enter the market when the market is on the green. I mean we want to buy coins at a lower price, so it's better to just wait until the market corrects then that's the time for us to buy.

A lot of people don’t talk about enough, Timing the market is a gamble, and most of the time, emotions get the best of us either FOMO or panic selling. I totally agree with you patience is key. Let the market breathe and correct. The goal is to enter smart, not fast. It's better to be late and right than early and wrong.

Patience is very important as long as long term investment is concerned. Investing in bitcoin for a longer term requires patience in other to be able to hold and to avoid making impulsive decisions based on market fluctuation. Just like you said timing the market is gambling and it is mostly those that are into bitcoin for short term goals that prioritise waiting for the price to dips.sometimes during bearish season most investors used to sell there bitcoin at loss.

[Miramax12]

Yes, I think that Bitcoin is in a deep stage right now. Because the way Bitcoin's value has started to increase and its popularity is spreading, even if its price fluctuates in the future, it cannot be expected to be much lower than the value it currently has. If anyone  can invest in Bitcoin on a regular basis using the DCA method, can definitely make good and unimaginable profits.To get actual profits from Bitcoin must invest for a long time. Because investing for 1-2 years doesn't really have much impact on Bitcoin's valuation. Need to invest for at least 4 to 10 years.

When a person is thinking of investing in Bitcoin, he should continue to buy Bitcoin as much as he can, even if the price keeps falling. You and I cannot say when the price of Bitcoin will ever fall or rise. If the price of Bitcoin starts rising after starting the investment, it strengthens your morale.
When the price falls, you should not take it as a negative but as one of your buying opportunities. I think you should buy as aggressively as possible at that time because it will be good luck for you.
I don't understand why people sit around risking their money for inflation when they have the opportunity to protect their assets from inflation by investing in Bitcoin and multiply it several times.

Discretionary income is usually around 10% to 20% of total income. So if anybody invest regularly from here,he will definitely get many times more profit in the future than investing in anything else.

I think you have a lot of ignorance about your income and expenditure.
I have seen many people who do not spend any discretionary money on their basic needs from the amount they earn. Again, I have seen people who cannot spend even 5-10% of their income on their basic needs. So how do you say that 10-20% of a person's total income is a discretionary income.
No matter how much discretionary income a person has, we can never force a person to invest in Bitcoin because he can use his money as he wants. We can only say that if someone wants to be financially secure in the future and wants to maintain the security of their earned money, then he should definitely invest in Bitcoin.

Sometimes we might need to describe specific examples in order to attempt to know what a guy might be weighing and the various ways of measuring how  much he is spending on expenses and which kinds of expenses.  How much is his income and how much is his discretionary income.

Many folks are going to have variation, but we can still attempt to describe circumstances that guys might regularly face, yet they are still going to have to deal with the variation, including perhaps knowing which expenses to prioritize first and whether or not they should build emergency funds/reserve funds and/or to invest into bitcoin.

We have also mentioned several times in some of these threads that guys are going to be better off if they have some confidence in the levels of their future income and/or future expenses, but at the same time, in order to invest into bitcoin , all he needs is discretionary funds in the moment, yet if he is going to continue to invest into bitcoin, he has to have some confidence that he is going to have discretionary income and/or funds in the future.

Some expenses are easier to cut as compared with other expenses, yet some guys would prefer to not cut any expenses, but to increase their income, which it can be difficult for some guys to figure out ways to increase their income level.

Reading your post I guess you have explained to what level a person can be aggressive which should be within the person overall discretionary income which the person decide to be investing with comfortably and most come in alignment with your risks level, now two things I consider in my post which investing aggressively within your financial means and also how much of it you can be able to risk which will be different from other people, doing this automatically defines a person level of aggressiveness which the person should go with.

Being aggressive in investing should be completely dependent on the discretionary income of the person. Make sure that you have the necessary backup funds and that you are able to invest consistently. Also, make sure that being aggressive in investing does not have a negative impact on your life. Because, sometimes, being aggressive in investing incorrectly leads to financial problems and a person is forced to take wrong steps in investing.

Never plan to be aggressive in investing by focusing on the market or based on the advice of other people. Rather, consider your position and consider your discretionary income to ensure that you are able to be aggressive in investing or not. If you are not able, then do not take risky steps.

The term "aggressive buying" might sound complicated to the regular guy that is doing his calculated DCA method of accumulation. Aggressive buying is not necessary for somebody who is on a steady income and has a budget for his income, he gets to decide what percentage to use for accumulation that wouldn't weigh him down.

DCA method is hodling for the long term and it's not necessary to be aggressive in buying Bitcoin, except perhaps if the person doesn't have much financial responsibilities or they're very rich. If you don't have excess funds to sustain aggressive buying then there's no point to doing it because you'd most likely get stuck along the way and start to sell prematurely.

 Financial management is essential for anybody that wants to sustain Bitcoin investment for a long term. It all comes down to priotize your needs according to their importance to you. For me the most important is your basic expenses, the rest comes into discretionary funds. From there you'd decide the percentage of what goes into where like emergency funds, Bitcoin accumulation and the rest.

I would suggest that everyone is capable of determining their level of aggressiveness or whimpiness within the level of their discretionary income.  So they can have a lot of discretionary income or a little discretionary income and they can decide how aggressive they are going to be within their discretionary income.

The same is true for DCAing.  A person can  decide the level of aggressiveness or not within his DCA amounts.  He can set up automatic DCA  or apply his DCA manually every week.  There is quite a bit of variability with DCA, so it is likely not fair to describe it as not being aggressive, when it can be set up that way, it can also be set up in such a way that it goes overboard, so it might not be accurate to consider that DCA has to fit particular narrow criteria in order to count as following DCA strategies.

You quoted my post badly, again, but I fixed it in this post.

Of course, you can do whatever you like in terms of holding back value in order to buy the dip that may or may end up not happening.  I think that I already explained well enough in regards to my ideas why newbies should focus on ongoing buying rather than strategizing for dips that might not happen.

You seem to be inclined towards trading rather than investing, since if you have a 4-10 year or longer investment timeline, then surely it might not make much difference if you bought at $123k or at $95k, even if $95k were to be possible.. we don't know, and we don't even know if sub $110k is possible, either.  So if you are waiting for dips that might not happen, you are gambling and potentially failing/refusing to prepare for up with your over-preparation for down..

But again, do what you like.,. it is your money and you have to live with the consequences of your actions, even if you think you have some kind of a trade angle (or buying on dip angle) figured out.

I am grateful to you. You have pointed out my mistake and explained the correct method. I have seen your post and many other posts on the forum on this subject and I have realized that the DCA method is a thousand times better than buying Bitcoin through the dip method. If I deposit money for the dip and if it is not a proper dip, then there is a possibility of inflation and the money can be spent in other sectors, but if Bitcoin is invested, then it will be a strong reserve. And since I myself do not like trading and since I intend to buy and hold Bitcoin for five to ten years, I will skip the dip method and buy Bitcoin continuously. And thank you very much for opening my inner eyes.

Great.  I am glad you were able to identify some actual ways for you to go forward with executing your own ideas and then make adjustments.

Of course, DCA has quite a bit of flexibility, so if at some point later down the line you want to make adjustments, then surely you could reconsider if buying the dip might make sense for you under certain kinds of circumstances, such as if you get a lump sum amount and you invest a lot at once, then it might make sense to hold back some value for buying on dips... Yet, sure, otherwise newbies are likely to be way more advantaged by concentrating on buying every week no matter what, and even having such a seemingly easy goal might be very difficult to accomplish in practice... So then the ongoing practice surely helps us to learn about our finances and even about our psychological limitations.

I know that discretionary income is the leftover money after you have paid for monthly expenses, and you are allowed to use your discretionary income the way it pleases you. I still believe using your discretionary income to live a lavish lifestyle will drive you to sell your bitcoin too early. For example, you can go to a club and mistakenly spend way more than your discretionary income, and if you don't have any other money elsewhere that you could use to complete the money in your hand and pay for the extra expenses you incur in a club in the process of living a lavish lifestyle with your discretionary income, it can drive you to sell your bitcoin too early to pay for your bill in a club so that you could go home and rest.

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. 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. Generally, money is meant to be spent, but if you spend it on things that have no meaning and no value, then you will fall back to square one. With discretionary income, you need to comport yourself very well and know how much you need to invest in Bitcoin and what will be left with you.

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.

The whole idea of discretionary money (income) is that you can do whatever you like with it.  You can be responsible or irresponsible.  It is the money that you have left after your expenses.

Sure some folks invest and others do not.  Some folks buy high quality products and others buy low quality products.

We should not be trying to tell others how to spend their money, even though some ways of living are more meaningful, and some folks don't even believe in investing, and so they may well end up working all of their lives.. so there re likely consequences for the choices that any of su make.

Absolutely agree with you and I know not everyone will see it this way, but that’s okay. Bitcoin isn’t just a short-term game. It’s about long-term vision, discipline, and understanding how money works in today’s economy.
DCA Dollar Cost Averaging isn’t just a strategy it’s peace of mind. You don’t need to time the market; you just need to show up consistently. Whether Bitcoin dips or pumps, it’s part of the journey.
I always say: if inflation is eating into your savings anyway, why not put some of that money into something that has real potential to grow? You don’t need to go all in just be consistent and patient.
And of course, it’s your money, your choice. But if you want to protect your future wealth, Bitcoin is worth seriously considering.

[Agbamoni]

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. 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. Generally, money is meant to be spent, but if you spend it on things that have no meaning and no value, then you will fall back to square one. With discretionary income, you need to comport yourself very well and know how much you need to invest in Bitcoin and what will be left with you.

You are misunderstanding everything. Your discretionary income can be spent on anything you want. The discretionary income of everyone differs, my discretionary income may be higher than your monthly income so I can spend on any other things I want to except investment. It doesn't have to be for investment only. I only invest 50% of my discretionary income in investment and the reason why is because I also have an ongoing project which I am running and I need some funds for it. If you dont understand what discretionary income means then go back and read it again. It is not defined as a money meant for investment alone, but the money left after taking care of our expenses, emergency funds and savings.

[Sonia_123]

Honestly speaking I don’t think there is anything wrong if an investor choose to invest all his discretionary income into bitcoin, considering that you have taken care of your expenses and you’ve an emergency and reserved funds, if I choose to invest all my discretionary income into bitcoin, instead of using it to extravagance lifestyle of buying cloths and during drinks and cigarettes and clubbing, at this point of my accumulation stage I think there is no need for such lifestyle.

I would prefer using my discretionary income to buy more Bitcoin and be more aggressive instead of using my discretionary income for some unreasonable and unrealistic activities.

Investing aggressively is good but to an extent, just as you have said if you have taken care of all your expenses and still got an emergency and reserve funds them you are good to go , you can invest aggressively into Bitcoin and stack up your portfolio instead of wasting your discretionary income in an unnecessary things that you may look back and regret tomorrow, but since Bitcoin is a long term investment I would advice you invest with your discretionary but not all so it won’t result to you selling it , you can just invest little by little and before you know it , you have got a good portfolio.

A person level of aggressiveness all depends on the amount of discretionary income available, they can’t go outside the line meanwhile if the backup fund is set it’s a free will to invest aggressively but, make sure you’re not doing too much when you need to save up more emergency and reserve funds alongside investing. One thing about buying aggressively it must not always be regular, honestly we have different financial crisis and yours is different from mine or unexpected situation just comes up reason we should invest knowing our capacity to further investing for a long period of time like 10 years plan.

Yes, I totally agree with you agreessive investment should not be done often because there is every possibility that you will run out of funds and once an Investor run out of funds it is going to be a very big problem. The only thing that should be carry out or done regularly or often is our DCA method while agreessive investment should be done once in awhile when we have saved up something big that will help us take advantage of the market. Anyone investor who doesn't understand this word investing agreessive might exceed their limit and one thing about investment is that once you exceed what you are suppose to..., you will see the consequences but a good investor can reduce the consequences by taking necessary actions.

I think that our level of aggressiveness would depend on our personal decision and the situation that we could find ourselves considering our financial circumstances and financial capabilities it’s wise that we consider our financial management, I believe that before an investor considers buying Bitcoin aggressively the fellow must have put everything in place before considering how to be aggressive and when to be aggressive, that is why it’s best to be cautious as well and try to know our limit of being aggressive. Well I think it’s just our mindset of making decisions based on our aggressiveness decisions.

Investing aggressively is not a criteria that one will be successful in his or her investment rather it is just a way of facilitating our investment and so whether someone invest aggressively or not they will surely get to the desire target provided they are following the process accordingly. Aggressive investment to me, is more like a trap to those that can not control their emotions and those who are greedy, some people take this aggressive investment upon themselves because they want to invest more than their friends and there are also some that can not hold themselves when there is dip because they want to double up even when they don't have enough to take advantage so it is a trap to some and so we should be wise.

Being aggressive depends on the individual source of income and how long he is going to buy aggressively, but it is necessary to be careful so that you don't overdo it, so that it will not have any effect on you, because the more we constantly overdo it , it becomes risky and affect our accumulation processes that will make us pause or stop because we did not properly manage our funds, except you are able to aggressively buy Bitcoin within your discretionary income using DCA strategy to accumulate, having various sources of income also to boost your discretionary income will help you aggressively buys Bitcoin successfully , than just only one source of income or no extra cash adding to your discretionary income.

[POPOLUV]

Honestly speaking I don’t think there is anything wrong if an investor choose to invest all his discretionary income into bitcoin, considering that you have taken care of your expenses and you’ve an emergency and reserved funds, if I choose to invest all my discretionary income into bitcoin, instead of using it to extravagance lifestyle of buying cloths and during drinks and cigarettes and clubbing, at this point of my accumulation stage I think there is no need for such lifestyle.

I would prefer using my discretionary income to buy more Bitcoin and be more aggressive instead of using my discretionary income for some unreasonable and unrealistic activities.

Investing aggressively is good but to an extent, just as you have said if you have taken care of all your expenses and still got an emergency and reserve funds them you are good to go , you can invest aggressively into Bitcoin and stack up your portfolio instead of wasting your discretionary income in an unnecessary things that you may look back and regret tomorrow, but since Bitcoin is a long term investment I would advice you invest with your discretionary but not all so it won’t result to you selling it , you can just invest little by little and before you know it , you have got a good portfolio.

A person level of aggressiveness all depends on the amount of discretionary income available, they can’t go outside the line meanwhile if the backup fund is set it’s a free will to invest aggressively but, make sure you’re not doing too much when you need to save up more emergency and reserve funds alongside investing. One thing about buying aggressively it must not always be regular, honestly we have different financial crisis and yours is different from mine or unexpected situation just comes up reason we should invest knowing our capacity to further investing for a long period of time like 10 years plan.

Yes, I totally agree with you agreessive investment should not be done often because there is every possibility that you will run out of funds and once an Investor run out of funds it is going to be a very big problem. The only thing that should be carry out or done regularly or often is our DCA method while agreessive investment should be done once in awhile when we have saved up something big that will help us take advantage of the market. Anyone investor who doesn't understand this word investing agreessive might exceed their limit and one thing about investment is that once you exceed what you are suppose to..., you will see the consequences but a good investor can reduce the consequences by taking necessary actions.

I think that our level of aggressiveness would depend on our personal decision and the situation that we could find ourselves considering our financial circumstances and financial capabilities it’s wise that we consider our financial management, I believe that before an investor considers buying Bitcoin aggressively the fellow must have put everything in place before considering how to be aggressive and when to be aggressive, that is why it’s best to be cautious as well and try to know our limit of being aggressive. Well I think it’s just our mindset of making decisions based on our aggressiveness decisions.

Investing aggressively is not a criteria that one will be successful in his or her investment rather it is just a way of facilitating our investment and so whether someone invest aggressively or not they will surely get to the desire target provided they are following the process accordingly. Aggressive investment to me, is more like a trap to those that can not control their emotions and those who are greedy, some people take this aggressive investment upon themselves because they want to invest more than their friends and there are also some that can not hold themselves when there is dip because they want to double up even when they don't have enough to take advantage so it is a trap to some and so we should be wise.

You seem to be reading too much into the idea of being aggressive.

Our level of aggressiveness or whimpiness is a choice, and there are ways to be aggressive without overdoing it, and surely the more aggressive we are, the more we run the risk of overdoing it in one way or another.. yet I doubt that being aggressive is a negative because we are able to tailor it to our own aspirations, and try to keep in mind if we might be pushing the boundaries too much in terms of starting to have negative consequences associated with our level of aggressiveness.

You have just spoken the gospel truth because people failed to understand that essence of everything can lead to many risks and buying Bitcoin aggressively is equal a choice by an individual or any investors who eventually choose to invest aggressively, and may end up making use of the short term investment because he will be having the thought that he might losses all his money, since he adopted the method of buying aggressively and couldn't be patient enough to wait for a long term investment because he might run out of found along his Bitcoin journey and may be tempted to touch his investments. so individual aggressively should based on his ability to be able to control his discretionary income in case of any unforeseen circumstances that might arisess.

[Bluedrem]

Investing in Bitcoin should not be expected to make immediate gains, but should be done for long-term goals. If you want to make profit from the investment temporarily, it can lead to losses. Those who knew about Bitcoin earlier are now regretting it. Because if they could have bought Bitcoin at that time, they could have made profit today but they could not maintain their mental strength at that time. There are also some who bought it but panicked due to a slight price correction and sold their Bitcoin. If you can invest in Bitcoin aggressively without wasting time according to your ability, then it will definitely be profitable. The price is not the concern but how much a holder has been able to save that is the fact.

Instead of expressing disappointment about why people did not know about Bitcoin before, people should express their disappointment about why they are not investing in Bitcoin even after knowing it. At the time of Bitcoin's inception, no one could have imagined that Bitcoin would stand in such a position at the present time. Even at the present time, people may not have been able to imagine what level Bitcoin could reach in the future.
Nowadays, as much as technology has advanced, people can easily find information, before it was not like this, there were very few people who were aware of Bitcoin. Even those who were aware may not have thought what level Bitcoin was going to reach in the future.
I am not at all disappointed about why I could not buy it at the time of Bitcoin's inception because it was not possible because I was not old enough to buy it at that time. At that time, I was only 5/6 years old, but how could I buy it then? When I understood and I had a way to earn money, I started investing in Bitcoin. There is no reason for me to be disappointed here because I have been investing since I knew and understood and since it was possible for me to invest.
I think those who could not invest in Bitcoin before are expressing their disappointment. This disappointment and previous statistics are the biggest obstacle for them in the current investment.
If you are looking for a profit on the Bitcoin invested at the present time from the difference between the initial price and the current price, it may not be possible, but remember that investing in Bitcoin will provide maximum protection for your assets.

If you are not a high-end person, invest in Bitcoin for asset protection.
Even if you are a high-end person, invest in Bitcoin because there is no alternative to Bitcoin to fulfill your high-end attitude that can fulfill your attitude.

[Berry2d]

Snip

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 that 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.

[As-Soon-As]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

Well, that just shows that the market is unpredictable.

You can't time the market because it's very unpredictable. You might see it's price going up for a few hours then suddenly, it will go down. Just look at Bitcoin's price a few days ago when the Coinbase anomaly happened. It went down from I think around $68,000 to nearly $59,000 in just a span of a few minutes.

What's my take on what's happening right now? We're in a time where we need to wait for the market to correct before entering. We have been seeing the market going up for days already, and I don't see any reason for me to enter the market when the market is on the green. I mean we want to buy coins at a lower price, so it's better to just wait until the market corrects then that's the time for us to buy.

A lot of people don’t talk about enough, Timing the market is a gamble, and most of the time, emotions get the best of us either FOMO or panic selling. I totally agree with you patience is key. Let the market breathe and correct. The goal is to enter smart, not fast. It's better to be late and right than early and wrong.

Patience is very important as long as long term investment is concerned. Investing in bitcoin for a longer term requires patience in other to be able to hold and to avoid making impulsive decisions based on market fluctuation. Just like you said timing the market is gambling and it is mostly those that are into bitcoin for short term goals that prioritise waiting for the price to dips.sometimes during bearish season most investors used to sell there bitcoin at loss.

Investing in Bitcoin is a real investment, if you do not have patience during a recession, then where will you have patience? When the Bitcoin market is in a recession, we should hold on to Bitcoin more tightly and continue to buy deep or buy Bitcoin weekly according to the DCA method. Then our best way to invest in Bitcoin will be, you should never consider yourself a casual investor in Bitcoin, because the Bitcoin market can go up and down at any time, so you will never be disappointed.
Before investing in Bitcoin, you must make a plan and you must hold on to Bitcoin investment in order to implement the plan. It is also most important for you to set an emergency fund in case you are faced with any other situation without planning.

[yixichloro2xx]

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.

You make a valid point,discretionary funds come after essential expenses, so there is already a level of planning involved. But even within that, I believe some structure helps. It’s not about over planning or denying enjoyment, it’s about finding balance.....We can enjoy life now and prepare for the future. A little discipline in how we use our discretionary income whether for Bitcoin, small goals, or fun makes both present and future more secure.

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

Well, that just shows that the market is unpredictable.

You can't time the market because it's very unpredictable. You might see it's price going up for a few hours then suddenly, it will go down. Just look at Bitcoin's price a few days ago when the Coinbase anomaly happened. It went down from I think around $68,000 to nearly $59,000 in just a span of a few minutes.

What's my take on what's happening right now? We're in a time where we need to wait for the market to correct before entering. We have been seeing the market going up for days already, and I don't see any reason for me to enter the market when the market is on the green. I mean we want to buy coins at a lower price, so it's better to just wait until the market corrects then that's the time for us to buy.

A lot of people don’t talk about enough, Timing the market is a gamble, and most of the time, emotions get the best of us either FOMO or panic selling. I totally agree with you patience is key. Let the market breathe and correct. The goal is to enter smart, not fast. It's better to be late and right than early and wrong.

Patience is very important as long as long term investment is concerned. Investing in bitcoin for a longer term requires patience in other to be able to hold and to avoid making impulsive decisions based on market fluctuation. Just like you said timing the market is gambling and it is mostly those that are into bitcoin for short term goals that prioritise waiting for the price to dips.sometimes during bearish season most investors used to sell there bitcoin at loss.

Investing in Bitcoin is a real investment, if you do not have patience during a recession, then where will you have patience? When the Bitcoin market is in a recession, we should hold on to Bitcoin more tightly and continue to buy deep or buy Bitcoin weekly according to the DCA method. Then our best way to invest in Bitcoin will be, you should never consider yourself a casual investor in Bitcoin, because the Bitcoin market can go up and down at any time, so you will never be disappointed.
Before investing in Bitcoin, you must make a plan and you must hold on to Bitcoin investment in order to implement the plan. It is also most important for you to set an emergency fund in case you are faced with any other situation without planning.

Absolutely spot on, Bitcoin is not for the faint hearted it rewards patience, especially during downturns. The DCA strategy builds discipline and resilience. Having an emergency fund is equally vital so you are not forced to sell when things get tough. Treat Bitcoin seriously, plan well, and stay the course. Long term conviction always wins.

[Proty]

[

Our level of aggressiveness or whimpiness is a choice, and there are ways to be aggressive without overdoing it, and surely the more aggressive we are, the more we run the risk of overdoing it in one way or another.. yet I doubt that being aggressive is a negative because we are able to tailor it to our own aspirations, and try to keep in mind if we might be pushing the boundaries too much in terms of starting to have negative consequences associated with our level of aggressiveness.

Buying bitcoin aggressively is not really a bad idea, the way an investor go about it is what that is going to show the effect it will have on the investor.some investors do mistake being recklessness as being aggressive, this two terms are different entirely.it will really be helpful to any investors if they can be able to control the energy they put in acquiring aggressively and aling it with there long term goals. Overdoing it or not balancing it, that is when it will become a problem.

[MainIbem]

A lot of people don’t talk about enough, Timing the market is a gamble, and most of the time, emotions get the best of us either FOMO or panic selling. I totally agree with you patience is key. Let the market breathe and correct. The goal is to enter smart, not fast. It's better to be late and right than early and wrong.

I totally agree to this, it's not how early an investor started but how well they understand what investing on bitcoin is all about, how patient they can be and how determined they're to reach their target, most folks who started early even made mistakes of selling after they saw pump not knowing that Bitcoin has the potential of going higher some sold out of panic during several halfing period without knowing it's an opportunity to buy more, so it's not how early but how well an investor understands Bitcoin investment.

Patience is very important as long as long term investment is concerned. Investing in bitcoin for a longer term requires patience in other to be able to hold and to avoid making impulsive decisions based on market fluctuation. Just like you said timing the market is gambling and it is mostly those that are into bitcoin for short term goals that prioritise waiting for the price to dips.sometimes during bearish season most investors used to sell there bitcoin at loss.

Asides Bitcoin investment any other investment or business that wants to yield better profits in the future must require patience, it's the key to a successful investment and anyone that wants to enter the market without having patience to build their portfolio and watch it grow on the long run is wasting their time, they could only enjoy the quick profits they'll gain and miss out on better profits in the future, the market would always do it's thing and cause week hands to panic but a real investor would hold on knowing there would definitely be corrections and keep adding to their portfolio instead of selling at loss.

[Oshio-man]

[

Our level of aggressiveness or whimpiness is a choice, and there are ways to be aggressive without overdoing it, and surely the more aggressive we are, the more we run the risk of overdoing it in one way or another.. yet I doubt that being aggressive is a negative because we are able to tailor it to our own aspirations, and try to keep in mind if we might be pushing the boundaries too much in terms of starting to have negative consequences associated with our level of aggressiveness.

Buying bitcoin aggressively is not really a bad idea, the way an investor go about it is what that is going to show the effect it will have on the investor.some investors do mistake being recklessness as being aggressive, this two terms are different entirely.it will really be helpful to any investors if they can be able to control the energy they put in acquiring aggressively and aling it with there long term goals. Overdoing it or not balancing it, that is when it will become a problem.

If they can control themselves to hold until the market is mature for holders to sell in the bullish season to take income, which is the best season for bitcoin holders to smile. but if you know you can't control the way you are buying bitcoin aggressively from the market, you can buy what you can afford to lose so that you will not have blood high pressure when waiting for bullish season to hit the market before you can trade, You can be buying gradually as the price of bitcoin is decreasing from the market, for you to be accumulating enough bitcoin that will give you the opportunity to make huge income in the future.

[avp2306]

[

Our level of aggressiveness or whimpiness is a choice, and there are ways to be aggressive without overdoing it, and surely the more aggressive we are, the more we run the risk of overdoing it in one way or another.. yet I doubt that being aggressive is a negative because we are able to tailor it to our own aspirations, and try to keep in mind if we might be pushing the boundaries too much in terms of starting to have negative consequences associated with our level of aggressiveness.

Buying bitcoin aggressively is not really a bad idea, the way an investor go about it is what that is going to show the effect it will have on the investor.some investors do mistake being recklessness as being aggressive, this two terms are different entirely.it will really be helpful to any investors if they can be able to control the energy they put in acquiring aggressively and aling it with there long term goals. Overdoing it or not balancing it, that is when it will become a problem.

As long as it didn't hurt their overall finances and they use their discretionary then I can also say that there's nothing wrong to became aggressive buying Bitcoin. I would be more happier if I could able to do that especially if I can able to have more Bitcoin for doing that thing.

But all depends on the financial capabilities of each investor and people could do that is so lucky because they have good chance to get more volume in short period of time.

For people can't afford to be aggressive what they need is consistency since for sure this is still rewarding especially that future is truly promising with Bitcoin.

[yixichloro2xx]

A lot of people don’t talk about enough, Timing the market is a gamble, and most of the time, emotions get the best of us either FOMO or panic selling. I totally agree with you patience is key. Let the market breathe and correct. The goal is to enter smart, not fast. It's better to be late and right than early and wrong.

I totally agree to this, it's not how early an investor started but how well they understand what investing on bitcoin is all about, how patient they can be and how determined they're to reach their target, most folks who started early even made mistakes of selling after they saw pump not knowing that Bitcoin has the potential of going higher some sold out of panic during several halfing period without knowing it's an opportunity to buy more, so it's not how early but how well an investor understands Bitcoin investment.

Patience is very important as long as long term investment is concerned. Investing in bitcoin for a longer term requires patience in other to be able to hold and to avoid making impulsive decisions based on market fluctuation. Just like you said timing the market is gambling and it is mostly those that are into bitcoin for short term goals that prioritise waiting for the price to dips.sometimes during bearish season most investors used to sell there bitcoin at loss.

Asides Bitcoin investment any other investment or business that wants to yield better profits in the future must require patience, it's the key to a successful investment and anyone that wants to enter the market without having patience to build their portfolio and watch it grow on the long run is wasting their time, they could only enjoy the quick profits they'll gain and miss out on better profits in the future, the market would always do it's thing and cause week hands to panic but a real investor would hold on knowing there would definitely be corrections and keep adding to their portfolio instead of selling at loss.

Absolutely, patience is truly the cornerstone of any successful investment or business venture, not just Bitcoin. Quick gains might be tempting, but building lasting wealth requires discipline and a long term mindset.

Markets naturally fluctuate, and it’s the steady, patient investors who weather the storms and capitalize on the rebounds. Selling in panic often means locking in losses and missing out on future growth. Consistently adding to your portfolio during downturns, while maintaining conviction, is what separates real investors from speculators. In the end, time in the market beats timing the market.

[IceLincoln]

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. 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. Generally, money is meant to be spent, but if you spend it on things that have no meaning and no value, then you will fall back to square one. With discretionary income, you need to comport yourself very well and know how much you need to invest in Bitcoin and what will be left with you.

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.

I think you’re not getting the whole idea of discretionary income, despite that we keep saying invest your discretionary money it doesn’t necessarily mean you MUST invest it, or it’s only for investment. Just like the name, it’s money spent at the discretion of the owner. He can choose to spend it on whatever he chooses as he sees fit.
We can only advise or suggest the individual uses it to invest in bitcoin or any business that will be profitable to better his future instead of buying or spending on what’s not actually needed (like you said not meaningful).
You should know it’s  with your discretionary money you satisfy your wants.

[Solokan]

I think the only problem we would have in terms of being aggressive in accumulating and buying bitcoin is when we over do it, that is why it’s necessary for an investor to have a financial plans how to be aggressive knowing when to be cautious, we can decide to be aggressive with all our discretionary income but we should also consider the financial implications by also having our various financial strategies on how to manage our Bitcoin investments and how to be on a sustainable preference. I believe that our level of aggressiveness will depend on the amount of discretionary income that we have and what we can actually deal with, so it’s a choice if we want to go 100% or we want to consider having to sustain our investment.

Investing in BTC doesn't have to be complicated as long as we have an emergency fund and health insurance. Using discretionary funds to buy BTC is certainly a viable option. With discretionary funds, we're already secure, as it's the money left over from living expenses. So, I think we can be very aggressive in using that money to buy BTC. If we aggressively buy BTC, we'll certainly profit in the future if we hold it for more than 10 years. However, I don't think it's a problem if we're not aggressive, as long as we buy BTC regularly, such as weekly or monthly.

If our discretionary income is large, it will certainly make us more comfortable because it's easier to manage. However, the biggest disadvantage, in my opinion, is having discretionary income but not setting aside a large or small amount of money to buy BTC. So, if we buy BTC, accumulate it, and save it for the long term, we'll certainly profit in the future.