Making a point on the challenges of investing. Dollar cost averaging is a lifesaver for many which tends to remove the pressure of timing the market but then, investing in bitcoin shouldn’t be hard for someone who knows about bitcoin in as much as he or she is earning and has a source of income. The ones who wait and complain are probably people who don’t understand bitcoin or people who aren’t working and don’t have any means of earning.
People who still complain about doing something worthwhile like investing in Bitcoin are those who don't have a steady income, so they're more likely to act like that when it comes to buying something, even a well-known and relatively good asset like Bitcoin.
You don't need a steady income to invest in bitcoin, there is a difference between having a source of income and having a steady source of income, steady means at a regular interval and there are many bitcoin investor who don't receive funds at such regular intervals, what's needed to invest in bitcoin is a discretionary income which is what's left behind after all you basic bills have been taken care of, you might be recieving money weekly or monthly, your source of income might not be steady at all like how it is for most contractors, just because their income isn't steady doesn't mean they don't have a source of income at all, so please don't misunderstand the two.
Yeah bro, I get your angle, u actually made a good point… Not everyone has a steady income in the traditional sense like salary workers who get paid every month or maybe week, but that does not mean they are not earning at all. Some people get money randomly, maybe one big job this month, nothing next month, then two small gigs the month after and that is still income, even if it is not steady. And as long as they’ve sorted out their essentials, bills, food, rent, whatever, and there is something left even if it’s small, that is what can go into Bitcoin.
But at the same time, I think is more about being able to plan and stay consistent. Like with DCA, it is easier if you’re getting money regularly. That way, you can just set aside a little every week or month without stressing too much. When your income is all over the place, it can be harder to stay disciplined, even if you want to invest.
So honestly, both sides make sense. You don’t need a steady income to invest, but having one makes things easier