Anyone who earns, and truly wants to invest in bitcoin won't make excuses. There are strategies in Bitcoin investment that make it easy for anyone to invest, no matter how little they can afford. Its all about determination and taking steps towards your financial goals.
If your earnings is not enough, atleast there are things we buy or expenses we make most times that are unnecessary, its important to start budgeting your expenses look at areas where you buy things which are not essential and save, even if its little by little at a time it will add up over time. You can also consider engaging in other side hustles to increase your income. This way, you can start investing little by little.
I think that instead of reducing your expenses for investing in Bitcoin, you should focus on increasing your income. To start investing, you need to make sure that you have a prudent source of income. Are you able to meet your daily needs with your income
While you are thinking about how to increase your income, it is also better to reduce how you spend your money on the things that don't really give meaning to your life so that you can use the money that is meant for those things and be accumulating bitcoin until you are able to increase your income to the extent where you can spend the way you want, and it will not stop you from accumulating bitcoin. What if it took you like 5 years before you were able to achieve a better income? It is better to "make hay while the sun shines" so that you wouldn't regret in the near future that you saw bitcoin when it was low and you couldn't buy it because you were trying to increase your income first.
Exactly, but the truth is that aside shelter, food and clothing, there are other things that can be prioritize as to be considered a basic needs which might completely differ from the next person. In a real sense, until a man is good enough to satisfy whatever he or she considered to be his or her basic needs, and have a left over cash to invest in Bitcoin he or she can not successfully be investing in Bitcoin without selling the Bitcoin along the line to solve their other needs, it takes discipline to have a good direction of how we spend even the little we have wisely in a much better ways compared to those that have more.
Well understood, now concerning the things that comes in place before venturing into Bitcoin investment, I feel there are needs to consider the basic necessities which includes the things you already in your comments, I do not advise anyone to invest blindly without putting other things into consideration because of other things are not properly taking care of you will not have a good investment plans as there will be lots of inconveniences which may result to even selling at loss to satisfy a particular family need. These has always been my take concerning having a good investment plan so that the investor will have a good, stable, smooth and stressful investment.
1) have a good investment budget
2) have different stream of income
5) have a separate steady income mapped out for Bitcoin investment only
Bitcoin is just like planting a seed. You don't need all the fancy equipment to get started, just plant that seed and nurture it over time. With steady care and patience, it can grow into something really valuable. It's all about getting started and letting it flourish. Bitcoin is indeed growing every day and there is a lot of potential in it. Growing with it little by little allows you to take advantage of its opportunity without putting too much pressure on yourself.