Quote from: Jostern on Today at 09:28:32 AM

Quote from: Stable090 on June 28, 2025, 08:08:48 PM

Quote from: As-Soon-As on June 28, 2025, 05:33:35 AM

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.

When you are planning on investing in Bitcoin, firstly make sure you have a discretionary income, if you don’t have a discretionary income there is no way you can be able to sustain your Bitcoin investment it’s more like you’re just playing poker with your investments, in nutshell you don’t need a stable source of income before starting an investment in bitcoin what you need to start an investment is a discretionary income , just like you’ve stated about stable income, you might have a stable source of income and don’t have a discretionary funds so which do you prefer, having a discretionary income is the mainstay you need to keep investing and accumulating.

If you invest with your stable source of income and not a discretionary income then I must say you’re playing poker game with your stable sources of income because you’ have expenses that will require to be taken care of and your bills are dependent on your stable source of income. That wouldn’t be a grate strategy

I think it can be easier if we really have a great desire to invest, the most important thing is that all basic needs are met and save a little emergency fund (a small percentage) to maintain the investment, then we can consistently invest in Bitcoin or consistently accumulate Bitcoin using the DCA method.

Regardless of how someone's income or earnings are, I don't think that someone who has a strong intention to invest is like someone who is gambling, maybe it's easy if money to meet living needs can still be found slowly to enter Bitcoin investment for the future, we don't necessarily have the same opportunity as now.