Re: Buy the DIP, and HODL!

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.

You don't have to have a stable source of income to invest in bitcoin... but you do need to have discretionary income to invest in bitcoin. If you do not have discretionary income and you buy bitcoin then you are likely gambling since by definition you are using money that you need for expenses.

This is just the point sir, and I also share the same sentiment as you because someone might have a stable source of income but still can't figure out his discretionary income needed to start his or her investment journey, but once you can sort out your discretionary income from your weekly or monthly income, their is nothing stopping you from investing consistently.
Most of the problem of most of this newbies investors is that they think that they must have it all before they can start investing, they actually don't know that once they have the basic knowledge about Bitcoin and their discretionary income is place, they are good to go.

How will someone have a stable source of income and yet don't know how to split his income, this means that the person is unserious and this set of people if they venture into Bitcoin investment with that behavior there is a possibility that they may not go far because if someone can not split his income into various parts then how will he scale through I mean the consistency and seriousness won't be there. Not only newbies think that way even some folks also feel or think same way reason because they lack knowledge about Bitcoin investment and until there mind is renewed they won't still understand the small mystery.