I am new to this forum. I have been on this forum for a few days and I registered. And after that I asked for help in Beginners & Help. Many people gave me many ideas and helped me regarding investment. Now I am willing to invest. But I have no source of stable income. I am still very young and I am studying. I will not be able to do any job along with my studies. I thought that I will invest some amount of money from my father.
Welcome to the forum, you should know Investing in Bitcoin can be exciting, but it's crucial to consider your financial situation and risks. Since you're a student without a stable income, it might be wise to focus on your studies first. If you're considering investing your father's money, ensure you have a clear understanding and agreement with him just in case .
As a newbie who doesn’t have source of income, and also a student who depends on the father for up keep money, The most important thing is to take care of the primary aim why you’re given this money which is for your study and up keep, you have to take care of your expenses and bill, it depends on how much that you’re given weekly or monthly, and if at the end of taking care of your bills and expenses you have a discretionary funds, I think you can start up your Bitcoin investment without the permission of anybody, You don’t even need agreement with your father, What is mostly important is to take care of your expenses, Then you can use your discretionary funds to invest by using the DCA methods, you don’t even need a reserve fund or emergency fund because you have your father serving the purpose of taking your responsibilities. You can be building your portfolio gradually.