Post
Topic
Board Speculation
Merits 2 from 1 user
Re: Buy the DIP, and HODL!
by
Kelward
on 29/06/2025, 07:40:13 UTC
⭐ Merited by Churchillvv (2)
To participate in Bitcoin investment, you definitely need real income, because if you cannot meet the basic needs of your family, then how will you participate in Bitcoin investment.
When you are planning to invest in bitcoin, then firstly make sure your secure a stable source of income, if you don’t have a reliable source of income, after investing in bitcoin, time will come when you will end up selling your bitcoin investment back gradually, if you don’t have a stable source of income, then you won’t be able to hold bitcoin for long time, because whenever their is any problem, then you will end up selling the bitcoin just to solve the problem at that particular time.

If you are planning to invest in bitcoin, have a source of income which you will be using to take care of your daily needs, and you will be using some to invest in bitcoin, make sure you are having emergency funds, whenever their is any emergency, you won’t have to sell from your bitcoin, you will be making use of the emergency funds.
Not having a stable source of income of income shouldn't stop an investor from starting to accumulate bitcoin, the most important thing is if they have discretionary income to invest with and once they have sort out there discretionary income after meeting all there expenses there is no need while they should be waiting to stabilise there income .An investor can be investing in bitcoin using discretionary income and at the same time while working to stabilise his or her source of income. What an investor needs to Start accumulating bitcoin is discretionary income and not stable source of income. Even with a stable source of income without discretionary income an investor is not fit to invest in bitcoin since the investor will be investing money that is meant for expenses into bitcoin which is gambling.
First you need a stable source of income then discretionary funds to be able to sustain DCA method, without both there is no how you can accumulate and hodl. This means that a jobless person and a struggling person that is working but cannot cater for their basic needs should not go into Bitcoin investment because it will be unproductive attempt.

We are always advocating that if you cannot take care of your basic needs that you shouldn't go into Bitcoin investment. This is true but we shouldn't limit ourselves to that mindset and discard Bitcoin investment because we cannot do DCA strategy. So far you have a Bitcoin wallet if you cannot buy periodically let's say weekly or monthly you can still buy whenever you get spare funds. The important thing is that whatever you send into your wallet should not be sold prematurely. Bitcoin investment shouldn't be rigid that you must periodically put certain amounts for DCA accumulation. If you cannot meet up to you can still accumulate what you can pending when you will start DCA fully again.