but if we have steady income and discretionary income, we can possibly start investing in Bitcoin without waiting to build up our emergency fund at the beginning of our Bitcoin investment. It is better to get started with our bitcoin investment.
anyone that is just getting started with bitcoin, can start accumulating bitcoin if he or she have a source of income and discretionary income, because waiting to build up emergency fund before you can get started may delay your investment junney or it might even make the person to loose interest if he or she see that bitcoin price gone higher, he or she will start feeling it's too later to invest, that's why it's very important to get started to avoid loosing interest in the future.
You should never wait to start investing in Bitcoin, but you should first have all the things you need to sustain your investment in the long term. That is, a strong stable source of income, cash flow, etc. An emergency fund can be created even after an investor starts investing, but it should be done as soon as possible. You should start investing in Bitcoin with DCA, and prepare an emergency fund within 1-2 months as soon as possible, but having a strong source of income is mandatory.
I agree with you on the fact that we shouldn't wait to start making our investment so far as your discretionary fund is available and as well emergency fund which is optional as a beginner, as long as this funds are in the right place which is supposed to be of course one is meant to start accumulating bitcoin. Is not mandatory that one must have a strong source of income before engaging him or herself into bitcoin investment, be it strong or not as Long as you're earning salary either weekly or monthly no matter how Small the salary is so far as you have the desire to invest in bitcoin there's absolutely nothing that can stop you from accumulating bitcoin. I knew of a guy who manage to stack enough bitcoin in his portfolio meanwhile this guy in question does not have a strong source of income as you said..............will you agree with me if I tell you that there are some guys out there who has a strong source of income yet there portfolio is still very weak? That's to prove to you that bitcoin investment doesn't matter how strong your source of income is, but is by planing and also knowing the right strategy to take.