Re: Buy Buy Buy or Sell Sell Sell?

Some persons, don't intentionally sells off their investment like that,but due to situations they are forced to since they have good fraction of Bitcoin, they sells it off if they want to sell, some persons sell off their investment that they must have accumulated for a long-term period due to health issues because there is nobody to assist them financially for their medications, while some sell off because they are dieing and don't have any trusted person to transfer their inheritance to, and so they sell it off to fulfill their last wish if they have any, or eat up all their money before they die, so that the effort being made buying and accumulating their investment will not be a wasted effort

Agree with this because I have been in that situation before. But fortunately, I have emergency fund that I always prepare monthly just in case I have an urgent situation. So I don't sell too many satoshis but just help to cover the emergency funds if that funds can not cover it. It is why you need to allocate some money for emergency fund to cover your health issue or other urgent situation so you don't have to sell your Bitcoin. Until the time to sell is come, you will have your chance to enjoy your profit and prepare the funds for many things.

That is why when we invest in bitcoin, we must really invest using discretionary income, besides that we must also have an emergency fund, and also have a stable income every month. Because if we invest in bitcoin without having these three requirements, the possibility of our investment being disrupted will be very large. Because the name of life in the future, no one knows for sure what it will be like, therefore if we are an investor in bitcoin, we must have these three requirements so that our bitcoin investment runs smoothly. Because the name of investment certainly will not be able to make money instantly, so there must be something called a process.

Now to face this process is the biggest challenge that we must face well. Because when we run the investment process, of course we need to eat, buy clothes, children and wife's expenses, and also for unexpected expenses such as illness. So that's where it is useful to have income that continues to flow every month and have an emergency fund. So the first funds used can be anywhere, be it emergency funds or from the income we get every month. Only after that if for example the funds are lacking (for example emergency funds) we can take funds from the income we get every month. So our bitcoin investment will remain safe without being scratched at all. My suggestion is like that.

Bitcoin investment is not an investment where we need millions before we can invest, most people who are doing well in bitcoin now doesn't ensure they first have a steady income Flow before Investing in bitcoin, some start just with little and later increase their financial strength as they progress in accumulating Bitcoin since one can be accumulating bitcoin gradually by applying the DCA strategy without waiting to have huge amount of money before you can accumulate Bitcoin.

Secondly is not a must that you should first set aside your emergency fund ready before you can get started, but you can get started immediately your discretionary income is available and can later make provision for your emergency fund along the process.

My question is, where do they get the money to buy Bitcoin, even if they buy in small amounts?
Those who buy Bitcoin, whether in small or large amounts, in order to make purchases regularly must have a source of income or income from whatever the source. And that must be owned because it is the beginning that must be thought about and lived and after getting it they must prioritize basic needs or other important needs and only leave discretionary income to be able to buy Bitcoin in any amount.
And if those who already have a source of income and want to increase purchases, they must have a fixed income or fixed salary and that's how smart people think about investing and don't force themselves to do it without having a source of income or income how they can do it and where the money comes from, and don't want to bother to be able to buy Bitcoin even in small amounts, and to meet their important needs they must also have a source of income or income. And I focus more on the lower middle class and they must have a source of income from anywhere as long as it makes money or has a fixed income so that they can make weekly or monthly purchases that are adjusted to the existing finances to cover everything, buying Bitcoin including emergency funds because that is very important.