Quote from: Odohu on Today at 04:37:34 PM

Quote from: Salahmu on Today at 03:52:48 PM

Quote from: Mayor of ogba on Today at 03:00:36 AM

Bitcoin investment is something we should not be in a hurry to start if we don't have a source of income. If you use the available fund to start your bitcoin accumulation journey without any source of income, you will tamper with your bitcoin holdings to survive when the available fund has run out.

In as much as I would agree on what you said but I think with a proper planning someone that doesn't have source of income could actually start accumulating Bitcoin,

I don't agree with you on this because without source of income, what you call investment in BItcoin will be sold to meet basic needs in a matter of a short time. Bitcoin investment require that one should achieve some level of financially comfortability to be able to hold. How do someone without a source of income have money to meet his basic needs, set up emergency funds and still invest in Bitcoin. The desire to invest will be there but without a source of income, it will not work out well.

Quote from: Salahmu on Today at 03:52:48 PM

however he could start by using the little money he has to start up a business and with time and consistent you will see that the business will start yielding a good profit for him to start the Bitcoin journey while his normal business will now serve him as his source of income

You are obviously missing things up. This is confirming that a source of income is a requirement to be able to successfully invest in Bitcoin. Anyone without a source of income should first and foremost work on getting one, it could in the form of a job or opening a business... the source of funds must be established else it will not be possible to hold Bitcoin for long.

It seems you don't really understand my statement because if you do you wouldn't have reason it on that perspective because on my statement I did not mention that source of income is not important but however I was only offering or suggesting for someone who has an interest to invest on Bitcoin but doesn't not have any other means of income generator, so I was actually telling the person that instead of putting all the money on Bitcoin whereas he doesn't have any means of income generator that would enable him to keep accumulating Bitcoin that perhaps he could diversify the funds to a normal business and maybe when it start yielding profits he can now start his accumulation process on Bitcoin and by then his source of income will be assured because is obvious that our regular Bitcoin accumulation is dependent on our source of income so if perhaps an investor doesn't have any other means of income generator then it becomes a barrier or a distortion to there bitcoin investment journey.