Quote from: bestcandy on February 08, 2025, 07:33:16 PM

Quote from: sotelorene on February 07, 2025, 07:44:10 PM

Quote from: Exotic5 on February 07, 2025, 02:40:59 PM

Quote from: Zackz5000 on February 07, 2025, 12:15:37 PM

I have gotten some nice knowledge concerning bitcoin investment in this thread and am still learning in the process 700 pages of bitcoin knowledge and still counting all thanks to JJG and other reputable fellow in this thread.
If you are a HODLer keep buying and hodling bitcoin if you are still procastinating on when to buy you can buy today if you have your discretionary income already starting buying and HODL you can begin with little amount and gradually increase according to the level of your discretionary using the DCA strategy.

Just buy bitcoin and HODL in summary.

This advice should be taken more seriously by the newbies. Plebs like us are just looking for a sustainable source of income before we start buying our Bitcoin. From what I have read here so far if I start buying Bitcoins at this stage I may have little Bitcoin but I cant keep up with the accumulation. Other newbies like me should not start their investment when they dont have a good source. No matter how desperate we are to start our investment there are things that need to be put in place first.

Waiting to have or get a stable source of income, you may end up not even investing at all because you don't have to get a stable source of income first before you should start investing. Perhaps, the idea is since you don't have a stable source of income all you need do is use a percentage of your income that won't affect you or a percentage you can let go instead of not investing at all and waiting for when you will have stable source of income. Though, this varies with individual there are people who can not manage their unstable source of income and there also people who can manage their unstable source of income and I have a friend who was managing when he doesn't have stable source of income but because he has plan and target, today he has a stable source of income and now he has increased the amount he was using before to accumulate. One thing one ought to do is if you don't have a stable source of income and you are interested in Bitcoin start accumulating but you should be someone that has plan ambition else you will get yourself messed up and one thing you should know is that, responsibility will trigger you to work hard in life.

I really appreciate all your opinion in this platform, the knowledge I gained from your contributions in this forum has given me good insert about Bitcoin investment because as I low income earner I was waiting to be a little bit financially stable before I will to investment in Bitcoin but your various contribution has encouraged me to start investing in Bitcoin by DCA with the little income I'm making and I have strategize how to manage my financial needs to enable me to continue investing in Bitcoin by DCA and with the look of things and economic potential of Bitcoin I believe I will have a sgnificant Bitcoin asset in the future.

As a low income earner investing will not be very easy for you compare to investors who are high income earner but sometimes even some investors who don't earn much and always set out their discretionary tends to do more better than some high income earner so most time it is not about high or low income rather it how you set your discretionary. So, it will be nice if you set out your discretionary well or properly in such a way that it won't affect you ( your expenses) and if you carry out this well in the future or within the short interval of time you will see your level of progress and what motivates investors sometimes is the level of progress they have in their portfolio.