Quote from: Derekfunds on Today at 11:03:05 AM

Quote from: Jostern on July 04, 2025, 01:25:49 PM

Quote from: laijsica on July 03, 2025, 06:41:31 AM

Quote from: ejikeme24 on July 02, 2025, 09:32:45 PM

Quote from: Jostern on July 02, 2025, 10:53:15 AM

you don’t even have to been wealthy to be able to accumulate Bitcoin all what is just required is to have a discretionary funds to invest with boom you’re good to go it doesn’t have to be on a daily basis, depending on when you’ve a discretionary funds to continue accumulating bitcoin gradually and to hodl for a longer term period.

Instead of going with the method of investing today and still wait until you have a discretionary fund, why don't you hold on until you get a good source of income even if it is not stable, because investing today and still wait until you get a discretionary income is as if we are just joking with our bitcoin investment. However, bitcoin investment is all about being consistent to maintain our weekly/ monthly routine. If not for the fact that everyone is trying to acquire a little portion of it, I would've say that one need to be financially stable Before getting started, to avoid facing unnecessary challenges, But since there has been a massive increase in the value over the year everyone is rushing to get started so as to avoid late entry.

Bitcoin should not be a hindrance to a stable source of income. There are many holders who have developed the tendency of accumulation while they are still in studying. They have not yet started earning money by accumulation Bitcoin through a discretionary fund while studying but they are practicing extra to strengthen their financial system for the future. You will be left behind in the competition with those budding investors because they have taken up the challenge of becoming economically self-sufficient while still in studying and this method allows them to find a steady source of income by investing their allocated money (parental given allocation) towards Bitcoin accumulation.

The main reason why many people who were supposed to set aside time for investment fail to protect the given return is because they spend their time busy with alternative income and try to increase the amount of discretionary income more by not starting initially, but those investors should have developed the pattern of accumulation any amount of Bitcoin regardless of the price.

Stable source of income shouldn't be a hindrance to why someone who is interested in Bitcoin shouldn't invest, because Bitcoin has been made in such a way that if you're a low income earner or a no coiner whose interest is to invest and accumulate for a longer term which I think its quite possible to invest if you have a discretionary funds to invest with, I believe all what you need to start an investment is just a discretionary funds, Bitcoin is made for everyone that is for the poor and the rich who wants to invest, that is why there are different method just like the DCA which you can invest and keep accumulating fracton by fraction until when you have a higher financial plans to increase your accumulation. Most importantly investing for a long term should also be the priority to maximize risk.

Don't not confuse yourself, long term investment help to minimize risk and not to maximize it because when you say maximize it means increasing risk which is not correct ( wrong) because if risk is been maximize then there's no difference between us ( investors) and traders. In addition, our discretionary comes from our income and if we don't have source of income then investing is not possible and again don't confuse yourself when they say Bitcoin investment is for both poor and the rich, it doesn't mean that anybody can go and invest, that person that will go and invest simply because of that term, will end up losing everything ( both his or her investment and other savings they have). When they say both poor and rich there are level of poor they are talking about.

Everyone has a different perspective on investing. Don't be fooled by others but you should make your own strategy based on realistic considerations. I'll explain it in a simpler way for you to understand. If you don't have a steady source of income you might not think about investing but if you have a temporary source of income such as a part-time job or other small source of income or a temporary but discretionary income at the end of the week such as $50, then you are eligible for Bitcoin accumulation. You can start with $50 to start investing in Bitcoin. Later when you have a steady source of income you can gradually increase the Bitcoin accumulation. In the long run you can reach a financially stable position by consistently accumulate because the size of your Bitcoin stash will grow over time.

There should be no distinction between the rich and the poor when it comes to Bitcoin because even if your discretionary income is very low, you can get a decent holding by accumulation regularly. Wealthy investors may invest more but you are the best investor based on your financial capabilities.