we should always create such a support fund, whether it is a stable income or a volatile income in my opinion.
The most important thing is to get started first i will say that investing into Bitcoin doesn't require one to break a bank before this so as long as you have a discretionary income to begin with start immediately then along time line you can start making plans on how you can increase your discretionary income through finding other source of income and also make provision for your emergency fund reserve and float, a city is never built in a day start first accumulate gradually using the DCA strategy and sort out other important and necessary things towards to grow your Bitcoin investment while you are already accumulating Bitcoin.
You are absolutely right, nothing is created in a day or a moment. It takes a certain amount of time to create something. Although I am not a big investor, I still think that one should be a little cautious in long-term investments, especially for people from lower middle class families or low income groups like me. But Bitcoin investment is definitely not an alternative to the DCA method. So I think creating a support fund with investments will be a benefit for low income groups like me, so that if they face any unexpected event they do not have to touch or withdraw their Bitcoin funds what I am doing in light of the knowledge gained through this thread, which is constantly helping me increase my mental courage in investing.
Most investors don't understand how to get started. Newbie investors are afraid to start investing mainly because of many fears and lack of proper understanding about investing. On the one hand, novice investors feel that their money will be at risk if they invest in Bitcoin. But investing must take some risk because if an investor does not take financial risk then he will never succeed in investing.
Anybody that is scared of getting started on investing into bitcoin due of fear of the unknown, should try his possible best to invest with very little amount of money as low as $10 every week through DCA because it's better to be a low coiner rather than sitting in fear as a no coiner because that's the worst of all.
When the new investor have started investing for up to 1-2 years and learning at the same time, his confidence in bitcoin would have increased because he have gotten more knowledge, he can increase the amount of money that he is using to DCA and invest aggressively, and supplement it with lump sum buying or frontload his bitcoin investment.
It's better to risk your money and invest in bitcoin, because not investing in bitcoin is the worst risk so far in this era, since you don't have any investment that you can rely on in future when you're old. You might end up dying in poverty for the risk that you fail to take now. Bitcoin investment is a long-term investment plan. Therefore, no coiners should start buying and stop using fear and risk as an excuse of not investing, when there's nothing to fear about. If you have a good cash flow management and plan properly on a long-term steady and continuous accumulation goal, you will succeed, just be consistent and persistent to keep your bitcoin accumulation ongoing with patient.
Another problem some no coiners have is that they are looking for a get rich quick scheme with bitcoin which is impossible.