Quote from: Jostern on July 14, 2025, 03:07:36 PM

Quote from: Gallar on July 14, 2025, 01:07:17 PM

Quote from: Barikui1 on July 14, 2025, 08:40:16 AM

You don't have to have it all before you start your Bitcoin accumulation journey, all you just need is a source of income where you can be getting your discretionary income from, and it's through there you invest from, so you don't necessarily need to have it all before you start, along the line you can work on a way to improve your finances so that you can be more comfortable while investing.

In essence, several important things to do or fulfill before investing in Bitcoin are: Your living expenses must be met. Don't let your needs go unmet before you can invest in Bitcoin. Because, ultimately, maintaining your Bitcoin investment will be difficult, as you may have to sell your Bitcoin to meet your needs. Secondly, you must have an income, whether small or large. Having a source of income can meet our needs, and when we have unused money, or discretionary income, it can be invested in Bitcoin. So, in essence, it's that simple: the requirements for someone who wants to start investing in Bitcoin. So, you don't need to be rich or have a lot of discretionary income to start investing in Bitcoin. Investing in Bitcoin can be started with a relatively small amount (as little as $10). So, with these things in mind, investing in Bitcoin won't feel overwhelming.

You don’t need financial preparation to invest in bitcoins, all what is required of you to start investing in bitcoin assets is discretionary funds, after paying for your expenses, then you can now consider investing in bitcoin holdings, I hear guys who are saying you need to be financially stable to start investing in bitcoin, then I have to ask them what if you’re never financially stable does it mean you would never invest in bitcoin? Because not everyone who are going to be wealthy and rich or being financially stable, the moment you keep procrastinating that is when the problem comes because you will keep loosing opportunities of buying and accumulating bitcoin,

There are guys who have been investing in bitcoin in a long term now and have never been financially stable all what they have been investing with is just a discretionary income as little as it is they have been accumulating bitcoin, which have been a very good way of investing in bitcoin.

Yes, I agree with your assumption, because investing in Bitcoin doesn't require you to be rich first. But a very important point to note is that if we want to invest in Bitcoin, we must be able to cover all our basic needs, such as food, transportation costs, and childcare (if we already have children). Only then can the remaining money, known as discretionary income, be invested directly in Bitcoin. So, do you think my assumption is wrong? I don't think so. Because the content of my assumption is the same as yours. However, I elaborated my assumption to make it easier for beginners to understand. In my post, I didn't say we have to be rich first to invest in Bitcoin. I simply said that we must have an income (small or large) to invest in Bitcoin. Because if we don't have a source of income, how can we have discretionary income? So, don't misunderstand the content of my assumption.