Man how would you say discretionary income is more important than reliable income source? Like, what actually gives birth to discretionary income in the first place? is it not the income source? If you don’t have a stable way money is coming in, how would you now have anything left to invest? That source is still the foundation at the end of the day.

And again, I get what you are trying to say about people with unstable income still managing to invest a bit from what is left, but honestly that's not sustainable. It is not even advisable in most cases. Someone with no steady income should focus first on sorting that out, get a job or a side hustle that can at least cover basic needs consistently before talking about discretionary anything. Otherwise it is easy to end up stuck or even worse, frustrated.

We can choose bitcoin and/or we can choose other places to put our time, energy and money (that is discretionary income).

If we have a lot of confidence in bitcoin, we might invest aggressively, and if we don't have much confidence, then we will choose to invest less aggressively (perhaps even whimpily).  Surely some folks choose not to invest into bitcoin at all, which seems a pretty big mistake, even though around 99% of the world's population are no coiners or maybe low coiners or maybe precoiners.

We can also choose to have other investments, and folks might come to bitcoin while already having other investments, so there situation might be a bit different from someone who is both brand new to bitcoin and brand new to investing.  We choose our position size and our approach and maybe we reassess at various times along the way, and then 4-10 years or longer, we may well reassess again and figure out if we need to change any of our strategies... if we might advance from accumulation stage in to maintenance stage and then perhaps later into sustainable withdrawal.
[/quote]
Bitcoin has always being a good investment for the long term. Most people who invest in Bitcoin expecting immediate returns which can bring about disappointment and withdrawal after several draw backs. The focus more on accumulation should be considered over the perfect time to buy  as it's a long term investment.

Even if you have low earnings, that shouldn't be a limiting factor to invest as you could stack up but by bit and over time you would be surprised  how much you have realized without checking CMP. Also, trying to reduce unnecessary expenses can as well help you save for investments purposes and this is for those with low income earnings. There is definitely no excuses.

Sure.  There likely are folks that get too caught up upon short term changes, and surely if the guy had done most of his accumulation prior to 2021, then he likely would be in a better position than the guy who just got started in 2022.. and even the guy in 2022 might not have had the courage to lump sum buy at various points in 2022, so then many of us likely realize that even if we have lump sum amounts available it takes time to build up a bitcoin position, even though surely we can take a snapshot of our bitcoin holdings in November/December 2022 and we can take snapshot of those same holdings today and see that their dollar value is 6x to 7x higher than in was in late 2022.

Guys cannot go back in time, either, and they have to figure out if they had already been accumulating bitcoin aggressively for 1, 2 or 3 years, then they are likely in a better place than a guy who is just starting to accumulate BTC right now, yet the guy just starting to accumulate bitcoin right now, has to focus on his accumulation right now since he is likely going to be much better off than his peers (those of similar economic levels) 4-10 years or longer down the road... and yeah, some guys who have been accumulating BTC more than 3 years might start to wrongly conclude that they have enough bitcoin or more than enough, and they may well not even be close enough to having enough.. especially if they have an income of $30k and they have invested way less than $30k into bitcoin over the past 3 years or so. 

I frequently proclaim that even a guy who invests around 25% of his income into bitcoin, it still is going to take him 4 years to invest a whole year of his income into bitcoin, and not too many folks are able to focus themselves sufficiently to consistently and persistently buy bitcoin with 25% of their income over 4 years or longer... so yeah, maybe after a person has invested 4 years into bitcoin and 25% of their income each year and a full year's income into bitcoin over 4 years, then maybe he might be in a position to slow down in his accumulation of bitcoin after 4 years, yet he probably would not be in a position to start selling any, yet... even if he may well be tempted to engage in such selling, it may well be for his own good to accumulate another whole cycle, and whether he accumulates at the same rate or maybe he slows down his accumulation rate, but at least maybe after two cycles, he might be getting closer to a position that he might be able to start to engage in sustainable withdrawal of either price based and/or time based. perhaps? perhaps?

Like you mentioned, guys make their choices, and they are not always correct in their assessment of what to do.  Sometimes they make the mistake of ending up selling too much of their BTC too soon or they end up making the mistake of slowing down in their BTC accumulation too soon.


Historically, Bitcoin has tended to be amazing in the realm of returns, especially for folk who errored on the side of ongoing accumulation and not selling their bitcoin... So even the person who experienced 6x to 7x gains since November 2022, he would have had ONLY experienced such gains on the coins that he was holding at that time in late 2022, and it seems to me sometimes difficult for someone to persistently have had been buying bitcoin through 2020, 2021 and 2022, and some of the coins the guy would have had bought would have had been bought at higher prices in 2021, yet if he had started sufficiently early in 2020, he might have had bought some coins in 2020 that were in the sub $10k territory that might average out and offset several of the coins that he bought in 2021 that might have had been in the $30ks, $40ks, $50ks and even $60ks..., but if the guy had been accumulating $100 of bitcoin per week  for 4 years from January 2020 until January 2024, then he might have had invested right around $21k and accumulated a whole bitcoin.  Surely not a bad place to be. 

Yet, sure, some coins cost more and some coins cost less, and his persistence then got him  to a decent place, and surely 1 BTC might not be enough for a guy like that, and he maybe well have had been better off to keep accumulating bitcoin.  So maybe if in 2024 he increased his weekly DCA to $200 per week, then from January 2024 until April 2025, he would have had invested another $13.4 k and accumulated another 0.2 BTC.

So then his current costs would be about $34.4k with a total of 1.2 BTC... not a bad place to be, but still maybe not enough BTC for someone who might have a $30k or more income that he might be looking to replace with bitcoin passive income in the future.  Right now with his 1.2 BTC, he probably ONLY has eniugh BTC to sustain about a $6k per year income, so he might need to keep stacking for another cycle and he might get close to having 1.2 BTC or whatever additional amount that he is able to stack to be enough to support a $30k to $50k-ish per year income.  I think such a guy is on the right path if his goals are to achieve a $30k to $50k passive income, and he mayight be able to achieve such within another cycle-ish.. maybe 5-6 years from now would be more realistic if he keeps investing into bitcoin at around $200 per week..

I think if he chooses to not invest anymore into bitcoin and just stays with 1.2 BTC, then it might take close to two whole cycles before that 1.2 BTC would be able to support passive income of $30k to $50k-ish per year.


Bitcoin seems to be a great opportunity for those willing to take it and to figure out a way to invest as aggressively as they are able to without overdoing it...  Yet it is also not guaranteed to be successful since there is both execution risk and also risk of the asset itself.

If they want to gamble on shitcoins, then they should do it when they have ENOUGH capital held in Bitcoin. If you ask me, "how much is ENOUGH"? I would say about a minimum of six figures in U.S. Dollars - $100,000. It might be too small for some people in BitcoinTalk, but I'm a pleb. That amount of money is large enough as a capital base if you ask me.

Plus how much to gamble in shitcoins, probably a maximum of 10%, no more than that - but that's already high risk. You can lower that to 5% and under.

If a normie with less than a $15k annual income had spent the last 6-ish years buying bitcoin at $50 per week, then he may well would have invested $16.4k and he would have 1 BTC.

I personally think that we have to go by the 200-WMA rather than the spot price to figure out what to do, and 1 BTC has a spot value of $117k-ish and a 200-WMA value of $50.2k-ish.  Such guy would be able to sustainably withdraw $5k per year, which is ONLY about $100 per week for the rest of his life.    I personally think that he should keep stacking for a bit longer, yet he is already 1/3 of his current annual income, so he is pretty close to being able to replace his current income with the passage of time whether he stacks more BTC or not.  Sure, he might want more than his current income, such as he might want to double his income to $30k per year, which surely would mean another cycle or perhaps a bit more of stacking, yet of course, what he wants likely depends on his age and other factors.

Building a solid Bitcoin base first before even thinking about venturing into the casino of shitcoins is the most responsible thing a pleb or whale can do. If your Bitcoin position isn't strong enough, you are just gambling with your future.

$100k in BTC as a foundation is a fair benchmark,it shows commitment, conviction, and patience. Once that's secured, allocating a tiny slice 5–10% to explore riskier bets can be tolerated if you are emotionally and financially prepared to lose it entirely. But that base in Bitcoin? That’s what gives you long term resilience. Without it, you are just another tourist in crypto.

You are right, and this is a very important point, telling people they need $100k before they are serious about Bitcoin can make it feel impossible for many, especially those living in countries with lower incomes. That kind of message might push people away instead of encouraging them to start.

The truth is, it’s not just about how much you invest, it’s about how often and how committed you are. Someone who buys just $30 worth of Bitcoin every week for five years may end up doing better, and learning more than someone who dumps $100k in all at once and disappears.

I remembered  when I bought Bitcoin with $20 in 2022, though it wasn't much but I knew if I continue to stack more and more I will be able to build my portfolio little by little.... What really matters is building the habit, staying consistent, and thinking long term. You don’t need to start big, you just need to start and keep going....

What's you're emphasising on are people that have Rich parents that pays them weekly or monthly stipends as salaries for their upkeeps. Since the funds are coming on a regular basis, it is also seen as a steady source of income because the money comes regularly regardless of the amount or where it is coming from. Part of those money after sorting their basics needs can still be used as discretional income to start a bitcoin investment. But looking at the bigger pictures here,not everybody out there has rich parents that send them money on a regular basis. I believe Majority of people out there falls in that category, to earned a living they must have a job or have something doing that Will be fetching them money on a daily, weekly or monthly basis. However having a source of livelihood  or steady income is important regardless of where it is coming from but so far it is sufficient enough to get a discretional income out of it. what is needed to start an investment in Bitcoin is your discretional income although is not mandatory that you must have to secure a source of livelihood before starting your bitcoin investment but it's important you secure one after because it plays a bigger role in your bitcoin accumulation journey.

if you do not have a steady source of income, how then do you think having a discretionary income will be possible? it is from your income that you can make provision for anything that will guarantee effective investment ranging from your investment allocation to your emergency fund and whatever provision you are making.

the goal is to be better positioned as an investor and so, every of the things that makes that happen are all important. as an investor be you at the entry level or one that is already grown in your investment, what is your concern is how to set modalities in place so you can easily build your portfolio by buying a reasonable chunk of BTC. for your DCA to work well, consistency is very important and that is only achievable when your source of income remains intact and can fuel not just your basic needs but also your investment needs.

With my own point of view of having a steady source of income, is not a bad idea because so many investors that is opportune to have a steady source of income due generate their discretionary income from it to invest and steady Source of income due motivate those investors to be more patient with their investments to accumulate for longer cycle but those that doesn't have the opportunity of steady source of income will always look for a way out to invest or by selling what they can afford to buy back when the money has finally comes.