1) have a good investment budget
2) have different stream of income
5) have a separate steady income mapped out for Bitcoin investment only
These ideas are good for investor but anyone who wants to invest can start immediately without having these 3
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how do you start investing without having a budget? i know that having a different stream of income or a totally different stream of income that will serve the purpose of your bitcoin investment are kind of redundant and unnecessary for so many reasons but as a starter having a good investment budget is a very good start that helps one have a smooth investor journey that can last long for a long period of time.
on the matter of having an alternative stream of income or having a separate source of income that can go into bitcoin investment, i think that to a very large extent, this is the same kind of thought process that those that advocate for diversification has that gives them the impression that diversification of one's investment portfolio into bitcoin and some altcoin is the safest way to go. i agree with you on this and the fact is that
you don't need different stream of income before you can build a good finance. a single source of income is enough to build the strongest of investment portfolio. instead trying to create different sources of income, if you use that same energy to ensure that your single source of income is doing well, it can even help you to concentrate fully on your job while setting out your budget from your earning.
faithfully building capacity in a single job and investing from that will good you good returns than trying to jump after different jobs just because you want to be seen as one that has different stream of income and at the end you end up causing just distraction for yourself.