If the intention is to always invest, effective cashflow management is paramount. Managing over emotion if your income is uncertain is also important. This provides helpful context to take Bitcoin into account together other financial needs like your nine personal factors. You mustn't know every thing, but being intentional and cautious is a good Beginners guide.
Bitcoin is enough for every person if the earning capacity is good, because at present the government of every country has considered this Bitcoin as a strategic reserve for its country to be economically successful. As time goes by, the importance of Bitcoin is increasing because big holders are thinking of holding only Bitcoin either by following the DCA method or by buying deep. So the more you delay, the more it is getting late for the holders, so connect yourself with Bitcoin investment.
If you have an amount of $ 30 to $ 40 per week, you should keep it under Bitcoin investment every week. It is certainly possible to bring about change if a person wants, so to be sure in the future and to eliminate financial sorrow, you should think of buying Bitcoin only at the present time according to the DCA method.
Fair enough, I agree to the fact that bitcoin investment is open to everyone who is desirous to venture into it provided he or she have the discretionary income to be able to accumulate or invest with. But I wouldn’t agree to the idea of saying if someone have $30 to $40 per week that the person should invest it in bitcoin. Come on dude that is not a right investment guidance as it seems misleading especially to the newbies because by earning $30 or $40 as weekly or monthly salary, you definitely will have other financial obligations to sort out which includes payments of your utility bills, you’ll also have to feed from it, and also get some clothings and other expenses will be covered from the said $30 or $40 salary. In this case, it is only advisable if an individual earn such amount of income weekly, the individual should be able to sort out his other financial obligations first and after sorting out those bills, the amount left which is the discretionary income is what should be used to invest in bitcoin. Mind you, inside that your discretionary income you may also have to be able to sort out your emergency funds from it just along side your accumulation of bitcoin. This is done so as you wouldn’t tend to your bitcoin holdings for emergency situations or to pay your bills thereby leading to a total messy situation or jeopardizing with your investment.