Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Sim_card
on 02/06/2025, 13:04:11 UTC
⭐ Merited by JayJuanGee (1)
From what I can see and understand, you are the one misunderstanding Tmoonz, he's coming from an angle of irregular cashflow and their ability to continue accumulating BTC regardless of the  randomness of their income availability as long as they have discretionary income from their income at any intervals it becomes available and he is not in any way saying that those that do not have a sourceof income should buy bitcoin.

It is safe to tell you that not everyone that has a source of income would have discretionary income after removing expenses budget and for some people, the funds they make is not even enough to take care of their expenses, so your ability to invest into bitcoin is largely dependent on the availability of discretionary income.

He was the one who quoted and responded to my message, but what he said had nothing to do with what I said. You should go back to the beginning of the discussion. He says for someone with no income to invest, but he doesn't say where the money will come from. If you look at what I said at the beginning, I said that people should buy Bitcoin with any money they don't need, and they shouldn't wait to invest. Are you against that? Someone who doesn't have a regular income can't do that because they don't know when they need that money and they might have to sell it when they don't want to, that may cost them to lose more money. I think that's clear enough.
Someone without a regular or stable income can still invest in bitcoin if he has his discretionary available. To cut the whole story short, a man can win a jackpot and invest in bitcoin with DCA overtime by using his discretionary income from his win to buy bitcoin and spread it in various weeks. Everything boils down to the investor and his financial management skills.

Another example is a contractor. We know that contractors don't have contractors all the time, sometimes contracts keep coming often and sometimes once in 3,6 or 12 months. Such person can still invest in bitcoin after he has been paid for his contract. He can take out all his expenses and monthly needs out from his funds and use his discretionary income to DCA and spread it out into various weeks overtime.

The point line is that anybody with a discretionary income can invest in bitcoin and build his portfolio overtime and hodli, it's not compulsory that must have a regular income and this is where some people get it wrong by preventing themselves to start their bitcoin investment.