Re: Buy Buy Buy or Sell Sell Sell?

For investment or to increase the amount of investment, I will focus more on increasing the source of income. If you have to invest in yourself to increase your income, then it will be a good thing to do. Investing in yourself to upgrade yourself may be the right step rather than investing in Bitcoin with scarcity. This will increase your chances of increasing your income and provide additional funds for Bitcoin investments.

It is true that to increase the amount of investment, attention should be paid to increasing the source of income, but it may not be easy for everyone to increase the source of income. I think those who have enough opportunities to invest, that is, those who have enough money to invest. Maybe increasing income sources isn't very important to those new investors at first. The most important and most useful aspect for new investors is to create a backup fund. If the source of income does not increase, then the amount of money you have, i.e. we should invest regularly through the sources of income we have. I am constantly investing regularly with my smallest source of income, increasing the income festival has not become very important to me yet.

that's right, "that in order for an investor to increase his investment amount, he must first increase his income amount". But Creating a strong source of income is not always an easy task, but if you invest correctly according to the proper management of your income, then in this way you can create a good amount of your bitcoin investment foundation.
You first continue to invest according to your current income. Continue DCA through the right investment strategy, good management of savings and expenses, and do long-term holding.

Creating a strong source of income is not always easy, but you must do it before investing. Because if you cannot create a strong source of income before investing, it may not be possible for you to buy Bitcoin regularly. You mentioned that you continue to invest according to your current income. Maybe I have already mentioned earlier that I am investing regularly through my smallest income, maybe a small amount but I believe it will gradually increase.

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You continue DCA regularly with any amount of money according to your ability, and hold continuously for the next 3 cycles, this will definitely bring big success.

I have had an idea about the DCA strategy for a long time, so investing in this method is nothing new to me. Holding Bitcoin up to the next three cycles, even though it can be a great decision, many may still want to retain their investment up to two cycles. You will be big successful in investing only when you feel that you have had enough bitcoin.

Of course, it will be helpful to have a strong source of income before getting into bitcoin, yet it is not necessary to have a strong source of income before getting started in bitcoin. At the same time, it is quite logical that if any of us plan to hold (and continue to invest) into bitcoin for 4-10 years or longer, then there has to be some ways that we continue to generate income that is at least enough to support our expenses so that we do not have to tap into our bitcoin investment at anytime that is prior to our own choosing.. .. yet we also know that many folks do not have steady incomes and even have to struggle to keep whatever income that they have flowing, and they will come into much better financial and psychological circumstances if they are able to improve the strength of their income.. but it is also is not necessary to establish a strong source of income prior to getting involved in bitcoin, even though surely our bitcoin investing will likely become stronger if we are able to improve our income amount and our income reliability.

Yes it is not necessary that one must have a strong source of income before starting his bitcoin investment because ones you have the discretionary income you are good to go. I always advise low income earner to start with the dca strategy instead of waiting to have a strong source of income before starting there investments. Early last month I met a guy that was actually having this kind of mindset of having a strong source of income before starting his investment so I was able to convince him to start his bitcoin investment using the dca strategy and also be working on improving his income while still accumulating bitcoin.

I totally agree with you and this reason has made a lot of people who has interest in Bitcoin investment change their mind because they don't know that they can actually investment in Bitcoin even when they don't have a strong source of income. No investment is in-built, they are always start from somewhere either small or big because some persons income differs from others. Just like JJG has said, it is best or better to start up your investment first and then along the line or with time everything will be settled provided you are serious with your investment. Convincing someone to invest in Bitcoin can be disastrous sometimes that is if something went wrong.

People who change their minds towards Bitcoin investment are people who are not well informed or the people who do not want to make their own research to know more about what Bitcoin investment is all about, yes you need source of income to have a good investment but you don't necessarily need to have millions or be paid in millions before choosing to buy Bitcoin all you need is a step, take the bold step to start your investment journey with the little amount you have, keep working to increase your income even as you stay away from luxury things that will depreciate with time, if you are consistent with your buying of Bitcoin with the little amount you will be surprised to see how much you are able to invest in the nearest future. Most people who are scared of Bitcoin investment are the people who speed on unnecessary items, they do not consider the future they plan to own the Ireland without making financial plans through good investment like Bitcoin that's why you keep telling them to invest they will find it difficult because they don't believe in having a better future tomorrow and they don't consider the betterment of their children if they have got good plans.