Quote from: Fullcoinese on Today at 05:39:51 PM

Quote from: Jewan420 on Today at 04:57:02 PM

Quote from: Muba20 on Today at 04:19:30 PM

In terms of investment, it's not enough for having money, when investing, you should use money that will not be used for any other purpose, only if you have discretionary income you will be worthy for investment. There are many investors who are able to understand the Bitcoin concept well but because they do not have discretionary income to invest, they invest the money that they cannot keep for a long time, which brings negative results for them later.

Investors who are not in a good financial condition but are enthusiastic about investing can follow the DCA strategy and increase their long-term Bitcoin portfolio. This strategy is now most suitable for Bitcoin holders, especially those who will try to hold Bitcoin for a long time.

Yes, you are right. Even if a person does not have discretionary income, he can manage investments with alternative income sources. I consider the source of income for investment in two stages. The first is the discretionary income source and the second is the alternative income source. Discretionary income source is the first thing an investor should try to ensure before investing. If your source of income is enough to live and only meet your needs, if you do not think that source of income is prudent for investment, then you can look for an alternative source of income.

If you fail in the first step, you can definitely start and manage investments through the second step. But you have to make sure that you are ready to lose the money earned from the alternative income source or it is unnecessary money for you. You have to make sure that you will never need that money or that money is not included in your needs.

A person's main source of income may not be prudent, but that does not mean that investment is not possible for you. Either you need to find a discreet source of income, if not possible, you can start investing in specific stocks using alternative sources of income and continue holding.

unfortunately, not everyone will have an alternative source of income. actually those whose income is still not enough to be able to run an investment, then there is no need to force it. that means their financial ability is not sufficient. then it would be better to focus on needs and savings.
if you really want to force yourself to invest in small amounts gradually. then what can be done is to cut the budget for needs and savings. of course those who do this have a chance of difficulty in the long-term investment process. then as you said, finding an alternative source of income is indeed necessary.

Investing in anything is base on one choice, if one is ready to invest with Better approach or planning he or she will be able to pull it off, well bitcoin has made it easier for everyone to invest on it, because you can use any amount you know you can afford to purchase bitcoin and with time using dcaing one can endup growing something nice in a long run.

You just need to learn how to manage your expenses, like knowing your need from your want and finding ways to have some good emergency funds because you hoping on your investment alone to survive, shows that you ain’t ready to invest on it , you will only slow down is growth rate , everything boils than to proper planning.