I don't know why some guys continue to make the point that source income might not be enough.
Generally speaking, we should be able to assume that it is better to have both a source income and a steady income.
I don’t know what you guys mean by source income, care to educate me on that?Or should I just assume the reverse of the other which is steady income making source income an income source that isn’t steady or discontinuous.
When someone is talking about
source of income,
I don’t know what you guys mean by source income, care to educate me on that?
Or should I just assume the reverse of the other which is steady income making source income an income source that isn’t steady or discontinuous.
It surprises me to see that There are people who does not understand the meaning of
source of income till this time, though I can't possibly say that you don't understand the meaning of source of income.
While reading from JayJuanGee, what I saw there was
source income and not
source of income like you guys are putting here. Arguably, any means you get income from is a source of income right? Either it’s steady of not. It still classifies as a source of income.
Now, having to say it’s better to have
both source income and steady income puts this two in a contrasting view. Don’t know if you guys get what I’m saying but, that’s the how I did understood it which made me ask if, that was entirely a different term unknown to me. So I’ve got to ask to clear things up.
Though, if you guys are here saying, source income and source of income are the same thing, just used interchangeably, then I understand.
I doubt that you are making any meaningful and/or important point OrbitalX - since the ways that guys use either term would depend upon the context inht which he is using such term... so at first there were guys who were seeming to proclaim that guys should not be investing into bitcoin unless they have a steady income (which they might have had referred to as a source of income or source income.. either way).
There were other guys who were claiming that even if guys have a steady income, that might not be enough to justify investing into bitcoin unless that they make sure that their steady income is enough to cover all expenses, ad to therefore add up to enough to be discretionary income, so then they were saying that it is better to make sure that there is discretionary income and at the same time, some of them were suggesting that having a source income (or a steady income was not a good thing).
I think that in some of my latest posts I was wanting to point out that it is likely better ot have a steady income than not, yet there is not a requirement to have a steady income in order to invest into bitcoin as long as a person has funds and he can determine them to be discretionary funds then he can buy bitcoin, and surely some guys still want to proclaim that a guy cannot be sure whether any of his funds are discretionary funds unless he has more funds coming to him in the future (thus describing a steady income and/or source funds).
In the end we likely still have to consider individual circumstances, and sure it is better to have steady income, but a person does not need steady income in order to get started buying bitcoin.
All the time, guys decide how they are going to spend their money, and if they are buying things that they do not need, then likely that is coming from discretionary funds, and the extent to which any guy buys bitcoin on multiple occasions or just on one occasion might need to be addressed each time that a ghuy considers whether to buy bitcoin, and for sure a guy can build his bitcoin stash in better and even stronger ways if he knows that he can buy a certain amount of bitcoin eery week and if he also knows that he can build up his emergency fund eery week too.. perhaps until the emergency fund gets to a size of 3 months of his expenses. Even if it is good and preferable to be able to invest in bitcoin every week and to build emergency funds every week, it is not required to invest in bitcoin every week and to build emergency funds every week in order to buy bitcoin or to invest in bitcoin.