It is not mandatory to have an income that exceeds our needs before we can start our bitcoin investment. Since bitcoin is a long-term investment, we need a good source of income. We will be using 10% of our salary to accumulate bitcoin every week or month, depending on when we receive our salary. We can also keep 20% of our salary as a reserve fund to be used to settle any unforeseen problems that may arise unexpectedly, so that we will not depend on our bitcoin investment to settle them.
Contrarily, is best you have either income or side amount of savings or other investment that is greater than your expenses in other to be able to invest, if such plans has not been made and there is no access to that then you are more gambling rather than investing because there is no certainty of you keeping up with your investment.
Before this time I was actually thinking that is a must that every investor most have a steady source of income before venturing into Bitcoin accumulation but I realized that even without having steady income you can still continue to invest on Bitcoin because I have seen someone who has no steady source were income is flowing but based on how his plan on investment on Bitcoin is, he has consistently accumulating Bitcoin till now without tempering his investment, so actually he explains how he has been able to continue or consistently investing on Bitcoin, so according to him he mentioned that truly he doesn't have a steady source of income but that he has other side hustling were they use to hire him sometimes so from there he was able to strategize himself to consistently investing on Bitcoin using the normal DCA , although he mentioned that do to how inconsistent the work is most time he doesn't meet up his weekly accumulation so most times he accumulate on monthly. So after his explanation I realized that with a proper planing anybody can invest on Bitcoin because if someone should wait until his portfolio is filled with money before they could start investing on Bitcoin, at the end they may likely not going to be partakers of Bitcoin.