Quote from: As-Soon-As on Today at 04:50:47 AM

Quote from: Lidger on Today at 02:04:35 AM

Quote from: Churchillvv on February 07, 2025, 10:43:36 PM

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.

Of course, investing in Bitcoin can be easy, as you mentioned that investment will face huge challenges for a long time, maybe your source of income is not sure for which you feel more challenging to continue investing for a long time. If you are making money from where you are making money, that is, if anyone's money is ensured, then he will be able to easily solve any problem when investingBefore investing, many may think that the most important of the long -term investment is to create an emergency fund. In fact, this is not because a temporary emergency fund helps us to continue investing without fear.