without money, there is no way that you can invest in bitcoin, so the best thing is for anyone to have a job so that when you start from there, because there is no other means that will be accepted when you have a means of earning, but when you don't have a means they how do you even invest so one of the best things to start with is for you to get a job then you will notice that that way you will be able to use the dca method easily because without funds there i no way you can do the dca.
And it depends on the kind of income you are getting, because when you are investing good money same way you will get good return so the money that is going in to buy matters a lot. After all, when you don't invest well then the returns will be small when you are not finacially stable then it will be better to figue things out before investing.
To invest, a person can invest by doing any work, whether it is daily wage, job or business.To invest, it is necessary to have a source of discretionary income. If your source of discretionary income is from a job or working as a daily wage, then you can still invest if you want. If you are working and if you cannot get the meaning of discretionary income from it, then you may not be able to maintain the continuity of your investment. Therefore, you need to have the importance of proper financial management.
Bitcoin is very risky, there is no guarantee that you will be profitable if you invest. However, the possibility of profit is much higher in the case of long-term investment. Therefore, we can never say that we will be profitable if we invest.
you are actually every correct, Without that, it’s nearly impossible to commit consistently especially with strategies like DCA dollar cost averaging low, some many people want to rush into crypto without first securing their financial base. Getting a job or stable source of income is the first real step. Once that’s in place, then you can think long-term, invest wisely, and actually see meaningful returns. smart money starts with smart planning.
I think at first someone have to draft out everything even though all of them may not be possible but one good thing in life is to have hope and work towards that particular thing. So I think before getting a job one ought have calculated how he or she is going to go about Bitcoin investment because if you don't have this thought before getting a job that will be giving you income then it will be difficult for that person to think about later so everything is planning and not just planning but planning well. There are people with a stable and good source of income but they are not into Bitcoin investment because they never had a thought about Bitcoin before they got the job.
That's exactly the case.If you don't have money, there's no question of investing.And if someone doesn't have money, they won't think about investing like fools.Why is it important to first know how to manage funds properly when investing in anything, even just Bitcoin?First of all, he must have an income, whether it is daily income or monthly income. He must have a regular flow of income.It is not enough to just have a regular income, but to have enough income to support himself and his family members with food, clothing, education and security.In addition, he can save some money for the security of his family and his own life, he can keep some money as a reserve fund.If he has some money left after doing all this, that's when he can think about investing.He will think about how and where to invest, and after gaining a lot of knowledge, he will start investing towards a desired goal.Now everyone thinks it would be too risky to invest in just one road.So, if he wants, he can invest in any kind of business according to his mentality and freedom.However, all types of investments carry some risk, some more, so it is very important to have a sufficient understanding of the subject before making any investment.However, I personally think that investing in Bitcoin is more profitable than investing in any other sector, although there is certainly risk here.And to mitigate this risk, we are asked to invest in this credit income through a regular process over a long period of time using the DCA method.
When you buy Bitcoin regularly with a certain amount of money over a long period of time, you will eventually reach your specific goal.Investing in Bitcoin can yield several times more profit than investing anywhere else.The longer you invest, the more profit you will make. I think it will continue to grow at a geometric rate.Because if you do a little research and see what stage the world economy is currently in, you will definitely be forced to give importance to Bitcoin.The world's leading economists, major institutions, and even the heads of the world's most powerful countries are holding Bitcoin and using it as a security for their countries and their institutions.We, the common people, should not think according to the way of investing of the world's big institutions or person .We need to understand that we will buy Bitcoins for a particular long period of time with some money in regular bills and when we lose our jobs and our income Source stops Then we will manage our lives by withdrawing Bitcoins to do whatever we need.If you can invest more regularly from now on, then 10 years from now it will be possible to get a lot more money with a small amount of Bitcoin.Because it is expected that the price of Bitcoin will cross 1 million 10 years from now.At that time, your small accumulation of Bitcoin will become a very large asset.You have to keep in mind that Bitcoin is currently the most valuable digital currency in the world.It is called digital gold, so gold is always valuable. Although its price fluctuates, at the end of the day, Bitcoin will definitely bring valuable profits to everyone.We have to have faith, but it must be logical faith.
With or without money investing should always be on your mind. You cannot make anything happen if you dont create an idea first.