@Bluedrem you can’t say only an investor with a fixed income can invest in bitcoin, using the word ONLY means there’s no other way or means to achieve that which is entirely wrong. Then you went ahead to talk about using a discretionary income, are you not now misunderstanding your self? Because you can have discretionary money without having fixed or stable income. I believe you know what’s needed but you’ve not fully grasped it.
I made a little typing mistake in that line. I was supposed to use the "? " symbol at the end of the sentence, but the symbol may have been accidentally deleted while posting. I asked him if he thought that only an investor with a stable income can invest in Bitcoin.
If you read the next part of my post, then I might have said that only a stable income can invest in Bitcoin. Bitcoin investment requires discretionary income.
Because a person's stable income = money needed to meet basic needs, he will not get additional money for investment, so he will not invest. And if he invests in Bitcoin from the money he has allocated to meet his basic needs, his investment will not be sustainable.
Actually, I asked him in that line to explain the need for discretionary income for Bitcoin investment that - how can a person invest in Bitcoin if he has a stable income if he does not have discretionary income.
To invest in Bitcoin, you definitely need income, not just investing in Bitcoin, in any case, if you want to fight for your life, then of course, earning money is the most important thing. If you can't earn money, then how will you survive, so the more income you have, the more Bitcoin investment you can make according to the DCO method. Because if the DCA method usually tries to increase the smallest amount every week, then of course, he will be able to live a better life and ensure his future financially.
To feel more comfortable financially, it is most important to collect Bitcoin according to the DCA method, someone I met fulfilled his dream of collecting Bitcoin according to the DCA method for a long time.
https://bitcointalk.org/index.php?topic=5553157.msg65667920#msg65667920I hope we don't forget something that this discretionary income could be any form of resources that brings us the profits. It might be from a stable or unstable source of income.
Looking at the end to end of bitcoin price, having stable source of income is really safer for investors because you will always do your expenses including buying of bitcoin consistently and holding without the reason to turn back and sell out of panic for every reasons and without a stable source the investment plans may be intercepted because once you are indeed in need, there will be every reasons to sell. Although investing on bitcoin and make s successful dream can be tough for every category of investors with their financial differences while disciples is the key attributes to make those dreams reality.