Quote from: Tonimez on Today at 12:20:56 PM

Quote from: Tmoonz on Today at 10:44:02 AM

Quote from: Tonimez on Today at 06:48:05 AM

Firstly, Bitcoin is not supposed to be any investors main source of income. To invest in bitcoin, one must have a stable source of income where he earns, monthly, weekly or even daily. This allows someone to be sure of the next moment. To diversify your income is the reason for investing in bitcoin. So if anyone is seeing investing in shitcoins as diversification, then he or she does not understand what he is doing or greed is taking over him. Bitcoin is a stable coin which has survived years of tests. Anyone investing in altcoins and shitcoins is already a trader because shitcoins cannot be hold for long to avoid loosing all your money.

Maybe I think you should read this back again because I can't remember Bitcoin being a stable coin, Bitcoin is not a stable coin you should note this because it has it's volatility pegged to it and the reason why new investors are increasing every day, if Bitcoin where to be a stable coin it wouldn't have gotten to where it is today, when we talk about stable coins we need to consider coins like usdt, USD coins.

Well, I may have used the term wrongly but I may not also be too wrong because what I mean by that is the ability of bitcoin to be resilient and bounce back after a period of volatility. Bitcoin volatility is it's strength, and just like every other supposed stable coin, the USDT, USDC and every other one as you've outlined which also have their minimal volatility as regards every other currency.

Quote from: Tmoonz on Today at 10:44:02 AM

we don't have to wait till will have a stable source of income prior to getting started

I still disagree with this. Anyone who ventures into bitcoin investment without having a stable source of income may not be able to survive in it. The ability to hold your bitcoin for long depends on how well you can handle your financial stress without having the option of selling of your bitcoin stash.

You can only have a discretionary income when you have a source of income. Discretionary income comes from stable income because it is always relative to your next income from which you can make out your discretionary income for your next DCA investment. No successful investor who achieved that without a stable source of income so far.

Well even while I do understood your point you are still wrong by definition and considering how confusing and misleading making use of such statement ( Bitcoin is a stable coin) can be to majority of newbies bombing in to the thread.

You also need to understand that one important thing is getting started and the other is ensuring the smooth running of your investment, every individual needs to understand their personal financial circumstances which must not necessarily be to have a steady or stable source of income before getting started, this financial perfection you are presuming to be a criteria before starting investing to me is wrong and that has kept most people failing and refusing to invest in Bitcoin, even those without a stable income can start investing without over doing it provided that they have a discretionary income while working on improving their financial situation.