First of all,I think one must have financial stability. Have to take risk of certain amount that won't fall any impact in financial stability.What others thing one must know?
What is your opinion or idea?
Unfortunately i can not agree on stability that can also be considered relative. So, in my opinion financial stability can help but unfortunately it is an illusion of comfort and if you seek high levels, getting out of stability is the way, that's what big investors say. Another factor we must consider is knowledge and improvement where no one becomes great at something without an effort, money is only a consequence of their actions.
What if one have just small savings and acquired good knowledge about investment. And then started to invest but if he loss accidentally all his investment, it will make him fear about further attempt to recover the loss, because he is not stable financially. So, i think a minimum financial stability is necessary to start investment in this crypto world.
(point to be noted that i am not talking about local investment which has small risk. I am talking about investment in crypto)