Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Umulala-alala
on 02/06/2025, 21:19:48 UTC
Apparently it seems that you don't comprehend the indepth of my post or maybe you are among those that encourages the mindset of saying that until I have a strong source of income I will not invest in Bitcoin when all we needed to figure out is only if we have a discretionary income to invest, my assertion was that even those with an irregular income flow can invest in to Bitcoin right away with the DCA strategy rather than waiting for a dip that may or may not happen provided that there is an availability of a discretionary income at some point in their life, for those with an irregular income source at any point they discover that they don't have a discretionary income to invest they can pause their investment and continue whenever they have. Secondly, It is old fashioned to save money before buying Bitcoin perhaps you are not buying a whole bitcon but a fraction with the dca strategy.

I guess you can't understand what is written, or you are in the mode of responding without reading carefully. I suggest you reread the first message you responded to. People can't invest without a source of income. Unless you have found a way to create money out of thin air, your suggestion is invalid. How do you think a person with no income can buy Bitcoin? Saving money means putting money aside for investment, there is no timeline stated here. You can buy Bitcoin as soon as you have money to spare. The fact that you have to explain something so simple gives the impression that you are a person who can't understand what you read but only writes to give the answer you have in mind.
It is practically impossible for anyone to start any form of investment be it bitcoin investment or any form of investment without a source of income.infact not just source of income the person should have a good cash flow inorder to be able to sustain the investment since they are venturing into gambling with bitcoin which doesn't require long term goals

Having a source of income is not even a guarantee that one can start accumulating bitcoin because your income should be able to sort out your daily expenses and family needs them if there is any disposable income that is ones discretion,this is what should be invest in bitcoin in other to have a smooth and successful investment .
It is still possible to invest in bitcoin without have a good cash flow as you mentioned, it's mandatory you should have good cash flow before making purchase this question is did you have discretionary income? If you do then you can start buying bitcoin, since you are buying a whole bitcoin at ones with the dca strategy you can gradually be buying bitcoin the little you can either every weeks or months then you can start building your finance gradually if you wish to have a good cash flow along your buying period with out waiting to be financially stable before you can get started.