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One technical side of Bitcoin holding is that patience alone is not enough for you to hold successfully on the longer run, because at the end of the day, a source of income and an emergency funds is even more important than been patience because you might be forced to sell at a loss or even prematurely so as to address a pressing financial needs or an emergency like health issues, though patience is important, but patience alone is not enough to hold successfully, a source of income and an emergency funds are very much key in your ability to hold without tempering with it in the future.

It is necessary to have a steady source of income and set aside emergency funds before starting an investment. These are the foundational key things often called safety nets. Without them, even the most patient of all investors will face challenging situations where they might be temped to tamper their investment prematurely which might often lead to loss.

Of course, setting aside emergency funds when you are investing in bitcoin is good because it is what will help you sort out your unforeseen problems when they arise in the future, but it is not compulsory that a newbie must set aside emergency funds before he or she will start investing in bitcoin. A newbie can start bitcoin investment and accumulate bitcoin for one month without even setting aside emergency funds, but during his or her accumulation journey, he or she can build his or her emergency funds up to three months.

That is why, to invest in a highly volatile market like Bitcoin, investors should do proper research and develop a risk management strategy, You should use that money to invest in regular DCA, which you will not need in your daily life or any time, and keep all funds ready, emergency funds/reserve funds as well as all necessary funds. In this way, the more an investor invests in Bitcoin, the more secure and confident you can continue holding for Long time.

It is true that bitcoin is highly volatile, but it is quite simple and easy to start investing in bitcoin, and even though you don't carry out proper research about bitcoin, you can easily start up a bitcoin investment once you have a basic knowledge about bitcoin. The most important thing you need if you want to invest in bitcoin is a steady source of income and discretionary income, which will always allow you to freely invest in bitcoin and still solve your daily expenses with ease so that you will not depend on your bitcoin investment to survive, which will give the advantage to hold your bitcoin for a very long time.

Bitcoin is often seen as one of the simplest assets to invest on, especially when compared to traditional assets like gold, real estate, and stocks and bonds etc. Its accessibility and the ability to start with small amounts make it appealing for many investors. Additionally the digital nature of bitcoin allows for quick transactions and easy management which is a big advantage. But having a steady source of income and discretionary income is vital for investing in bitcoin, it allows you to invest without the pressure of needing immediate returns which can be especially important given bitcoin volatility. This way you can hold your investment for the long term without worrying about daily expenses. Another thing is believing in bitcoin growth potential really does play a significant role in how consistently you accumulate it. When you commit to investing regularly, you're more likely to benefit from long-term gains. That commitment can make all the difference in your investment journey.