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 thing for new investor may be to build 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.

There is enough flexibility in Bitcoin investment that anyone venturing in to it should know which is investing according to how it will suits you in terms of comfort as regards to your financial allocation towards your investment which of course will be different from that of others that's is not in the same financial status with you, yeah you are absolutely correct, getting started is what every beginners should be more concerned about with as little or more that is within their discretionary income and can increase their investment allocation if it happens they have more money along the road, above all what we should always prioritize while approaching our investment is investing within our comfort and that's is the only way we can be able to hold for long.

I don't think a beginner should invest more than their level of discretionary income just a point of correction from what you said here, the only time an investor can go above their discretionary income is in a situation whereby their income must have increased while making subsequent accumulation so that they won't find it difficult after they have gone above their discretionary income. No one is under tension to invest aggressively hence it is needless to go above your investment capacity. Acquiring with the amount that is left after your necessary expenditures is enough for you to start up with as a beginner and not go above it for any reason.

Tmoonz is still of the opinion that newbies in bitcoin investment should invest in bitcoin within their discretionary income, but they can increase their investment allocation if they improve their income to a better one along their bitcoin accumulation journey. For instance, let's assume a newbie in bitcoin investment is earning $100 monthly; he can decide to be investing $10 every month into bitcoin with the DCA strategy and use the remaining $90 to solve his monthly expenses and be building up his emergency fund, reserve fund, and floats gradually. If the newbie gets a new job along his bitcoin accumulation journey where he is being paid $200 monthly, he can now decide to increase his DCA allocation money to $20 monthly since he now has more cash flow that can take care of his monthly expenses and build up his emergency fund, reserve fund, and floats while he is using $20 to accumulate bitcoin monthly.

In summary all you are trying to say is that newbies should invest according to the level of income that comes their way hope I got you correctly? I think the same thing is applicable to both old and new investors, do not invest beyond your financial capacity you will end up being emotionally unstable, good to see that you gave a very nice example but I think for someone who is earning $100 as a monthly salary you can decide to go with $20 as your investment budget that's if you won't be affected by other things that requires your finance to be taking care of and if you are promoted and your salaries increases you can decide to increase your monthly investment amount or continue with what you started with. One thing with the DCA method is that it helps the investor to spend wisely and it gives you the opportunity to purchase Bitcoin any given time so even then you are yet to receive your salaries if you have a little deal that brings you money you can decide to purchase Bitcoin instead of spending the money on material things.