2. Lack of fund: these are people who understands how Bitcoin investment works but because they don't have good source of income that can help them sail through...
Such person should look for a second means of income or cut down his expenses if he has the zeal an d desire to invest in bitcoin, he will find a way to invest with a little amount because you must not start buying bitcoin with big amount of money.
No one should be pressured to invest in Bitcoin because it will make no sense for someone who is not financially stable to invest in Bitcoin because they will end up selling to meet up their immediate needs. Even as we wish to invest in Bitcoin but it shouldn't be under severe financial circumstances, if anyone should invest in Bitcoin it should be at a time when they have a steady income that will sustain their investment plans. Anyone can decide to start making investments at any time they wish to provided they have a long term targets, they definitely gonna own as much Bitcoin as they wish to. Bitcoin is still very much developing, there's no need for a rush for someone who isn't financially buoyant instead they need to look for jobs or businesses that will generate steady income for them then they can use the proceeds to invest in Bitcoin.
Before going into Bitcoin investment one needs to have a source of income however it must not be a huge source of income but just a good one that can give you a Discretionary income once you have such income you can start investing in Bitcoin, starting Bitcoin investment without a good source of income will make you dip hands into your Bitcoin always.
Some people says is only a stingy person can invest on Bitcoin and become successful there reasons are that someone who is not stingy will always sell some part of his or her Bitcoin to solve issues, help others and enjoy life, this mindset is wrong even if you are not stingy you can still invest in Bitcoin and solve your issues, you can still help others and enjoy life, that is why you need a source of income before starting Bitcoin investment and what you are only using to invest on Bitcoin is your Discretionary income so you can do other things which will make your life interesting you just need to follow the right steps.
Some steps one needs to follow are:
1. Have a good source of income
2. Have good emergency, reserve and float funds.
3. Manage your salary very well
4. Don't be aggressive in your investment without having a backup funds.
5. Be consistent
6. Be patient.
Each of the few rules you mentioned here are important to me, but adding a few here would be most beneficial. Because when a person starts investing with his salary money and the surplus money left after meeting the basic needs of the family, it is most important to invest in DCA method of Bitcoin without continuing the money. Because success is possible in investing, it is certain, because every person knows that Bitcoin is the only trust. So buy here at low price and hold for long time when you get enough profit sell and hold again.