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Scraped on 14/07/2025, 16:39:38 UTC
Quote from: Jostern on July 14, 2025, 03:07:36 PM
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.

Those who actually say these
I don't know what they actually mean by stable income.
Do they actually know what discretionary income is?
Just because someone has a stable income doesn't mean they can invest in Bitcoin.
Because stable income is an income that a person earns the same amount every month.
A person's stable income is such that the amount of money he is earning is being spent on meeting his basic needs, so how will that person invest in Bitcoin?
In Bitcoin investment, it is necessary to have discretionary income. Discretionary income is the income that is left after meeting basic needs and this remaining amount of money can be used by a person in any way. Which helps a person to buy Bitcoin aggressively.
A person may or may not have discretionary income every month. That is why investors are advised to invest in Bitcoin using the DCA method.
Original archived Re: Buy Buy Buy or Sell Sell Sell?
Scraped on 14/07/2025, 16:34:48 UTC
Quote from: Jostern on July 14, 2025, 03:07:36 PM
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.

Those who actually say these
I don't know what they actually mean by stable income.
Do they actually know what discretionary income is?
Just because someone has a stable income doesn't mean they can invest in Bitcoin.
Because stable income is an income that a person earns the same amount every month.
A person's stable income is such that the amount of money he is earning is being spent on meeting his basic needs, so how will that person invest in Bitcoin?
In Bitcoin investment, it is necessary to have discretionary income. Discretionary income is the income that is left after meeting basic needs and this remaining amount of money can be used by a person in any way. Which helps a person to buy Bitcoin aggressively.
A person may or may not have discretionary income every month. That is why investors are advised to invest in Bitcoin using the DCA method.