Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Tamaperdana
on 30/06/2025, 14:23:47 UTC
]
No body is disputing the fact about the importance of a stable source of income but we also need to know that it is not enough to even have a stable source of income there must be a discretionary income just like what sim card say, no investor is expected to be struggling to accumulate Bitcoin no need to be struggling it is meant to be done whenever you have this discretionary income at your disposal, I got your point and on that When there is no discretionary income an investor can pause their investment and improve their financial situation before talking about the continuity of their investment, it is better to be a low coiner than being a no coiner.
It is very important to have a stable income and it is also enough having a stable source of income. This is because a wise person plans his life within the reach of his stable income based on the duration of payments. Basically, any income that can not sustain your basic needs for the duration before your next payment is not also a stable source of income. This implies that for your source to be a stable source, it should be able to take care of your basic responsibilities.
If am not making a mistake, I think that this topic of having a stable source of income or not before starting your Bitcoin accumulation journey has been spoken about by JJG severally that you must not have a stable source of income to start investing in Bitcoin, all you need is discretionary income to start, because their are so many folks out there that have a stable source of income but still can't sort out their discretionary income, so once you have a discretionary income, I don't think their is anything stopping that fellow from not investing in Bitcoin, if he has the basic knowledge on Bitcoin.
The point is like this, having a stable income does not guarantee that someone will have discretionary income. Because it could be that even though the income is stable, the nominal amount is not too large and is only enough for daily needs (so the point is not having leftover money or discretionary funds). So having a stable income also cannot guarantee that someone can invest in bitcoin. But if people have discretionary income, it is certain that the person can invest in bitcoin and it can also be concluded that the person's income is quite good, because they have leftover money. So which of these two assumptions is correct, in my opinion the most appropriate is that people who have discretionary income can invest in bitcoin safely. Because the point is the important point is in their discretionary income, when it comes to income, it's up to you, whether it's stable or not. Because there are quite a few people who have unstable incomes, but when they have income, the amount of money they get is very large.