Re: Buy the DIP, and HODL!

Income source is important for Bitcoin investment but more important is discretionary income. You have a reliable source of income but if you don't have discretionary income at the end of the week then that source of income can be worthless. Many folk don't have a stable source of income they have an unstable source of income but have some discretionary income at the end of the week and can accumulate Bitcoin from it and I think it's more potential. Over time they have the intention to increase their Bitcoin accumulation and in the future when a stable source of income is created they can more Bitcoin. It is true that it is not important for us to start big but it is important to start with discretionary income initially. Long term Bitcoin thinking teaches us discipline and patience that is more important in increasing holdings and even which is a much better way than risky trading ideas.

Man how would you say discretionary income is more important than reliable income source? Like, what actually gives birth to discretionary income in the first place? is it not the income source? If you don’t have a stable way money is coming in, how would you now have anything left to invest? That source is still the foundation at the end of the day.

And again, I get what you are trying to say about people with unstable income still managing to invest a bit from what is left, but honestly that's not sustainable. It is not even advisable in most cases. Someone with no steady income should focus first on sorting that out, get a job or a side hustle that can at least cover basic needs consistently before talking about discretionary anything. Otherwise it is easy to end up stuck or even worse, frustrated.

There are also some persons that does not have a steady income or even job yet are being paid stipends for their upkeep from their rich family and don't see any need of getting a job, such money can be used from the there to start investing in Bitcoin.
Are you now saying that persons like this can't invest in Bitcoin.

What's you're emphasising on are people that have Rich parents that pays them weekly or monthly stipends as salaries for their upkeeps. Since the funds are coming on a regular basis, it is also seen as a steady source of income because the money comes regularly regardless of the amount or where it is coming from. Part of those money after sorting their basics needs can still be used as discretional income to start a bitcoin investment. But looking at the bigger pictures here,not everybody out there has rich parents that send them money on a regular basis. I believe Majority of people out there falls in that category, to earned a living they must have a job or have something doing that Will be fetching them money on a daily, weekly or monthly basis. However having a source of livelihood or steady income is important regardless of where it is coming from but so far it is sufficient enough to get a discretional income out of it. what is needed to start an investment in Bitcoin is your discretional income although is not mandatory that you must have to secure a source of livelihood before starting your bitcoin investment but it's important you secure one after because it plays a bigger role in your bitcoin accumulation journey.