Quote from: CryptoHeadlineNews on Today at 05:58:46 AM

Quote from: Barikui1 on April 30, 2025, 08:09:35 AM

It would be very myopic for an investor to quit his job just because he invested in Bitcoin, so what's going to be paying his bills till his Bitcoin investment get mature?

Because to the best of my knowledge, anyone that have no source of income has no business investing in Bitcoin because he needs to cater for his basic needs, and if he can't do that, he can't buy and accumulate Bitcoin consistently,

Yes, I agree with you on what you just said above regarding source of income and why it is important for Bitcoin investing, as an avenue to sustain the investor while allowing his/her investment mature in a long term. But one thing I also don't agree is the part where you said accumulate Bitcoin consistently, because it's literally not a must that every investor must accumulate consistently, but it rather a choice for people who have more money to always accumulate more whenever they wishes.

Buying bitcoin consistently shouldn't be a choice but a practice so that it can become part of you overtime since you already have a discretionary income from your steady income. If you say that it's by choice, it means that you will start buying irregularly and giving more priority your want rather than building and growing out bitcoin investment.

The main focus of getting started immediately, and try your possible best to accumulate bitcoin with DCA weekly, regularly, consistently and persistently for 4-10 years and above is so that you can have enough Bitcoin in your possession in future when bitcoin price might have hit seven digits.

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Because a person can still no longer have a job and still decide to buy just $20 to $100 worth of Bitcoin and hold it for 15yrs or 20yrs when its price value might have skyrocketed to 100x.

This is why you are to make sure that you have a source of income that can give your discretionary income to allow you invest in bitcoin regularly every week/month overtime. As a matter of fact even when you already have such income, you are still to work on increasing your financial strength so that you can also increase the amount that you put into bitcoin and improve your standard of living. That's growth.

It sounds funny to me that an investor will only invest with $100 into bitcoin once and hodli for long in future before selling. I wouldn't call that investment because an investment should be notured and grow with more capital putting into the investment to expand it. How will $100 worth of bitcoin in future add good value to your life in your old age. We are investing for the future so that when we are old, we can have an investment to take care of us till when death comes and not just buying bitcoin. The size of your portfolio is what will determine your profits in future and that's why you are encouraged to invest aggressively if possible now, because bitcoin price increases overtime.