I usually agree with this but at some point I have come to realise how much important investments is to me as a young man hence making investment seems to come first before another thing perhaps I would have to allocate a good percentage of my income into investment and whatever remains I would use to pay for my expenses however my personal expenses are not yet bigger than I can afford and I also still receive stipends from parents hence I seems to have come to the conclusion that discretionary income will only come to play when you have gotten a certain level of responsibility. Just my opinion.
The first thing you said is that you need to find a big source of income before investing. In this case, I would like to tell you that you should continue investing with a portion of your current income (however minimal it may be).
When you realize that your income has already increased, you can gradually increase your investment amount based on your income. That is, if you are in investment, there will be a tension in your head that you have to earn money and you have to invest consistently.
So, from now on, give utmost importance to the matter of investing in Bitcoin. I hope that this investment will give you many good things in the future.
Investing in Bitcoin is easy but if you want to keep it for a long time, you have to face huge challenges, you must learn these challenges and strategies, it will be very useful in your future. Usually, gaining knowledge will lead you to the peak of further improvement because your experience will force you to take it to a higher level.
Investing in Bitcoin according to the DCA strategy is easy but if we want to sustain it in the long term, it is most important to have an emergency fund. Because
danger can come at any time, that is why you have to be ready to face danger from the beginning, so that it does not affect your Bitcoin investment. This should be given the utmost importance.
Sometimes our choices of words can make things look more difficult than it is, I really frame at that choice of words danger because it can be misleading by making newbies to be scared of attempting to get the fucking started, the first question is do you have a source of income? If yes then figure out how much your discretionary income which is left over cash after ensuring you can comfortably take care of your other living expenses, then you can invest from your discretionary income along side with side with a provisional emergency funds which is very essential as human because one should always be ready for an unforseen circumstance to happen, such as car repairs or unexpected home repairs, medical, and many others.