Quote from: SmartCharpa on Today at 11:05:51 AM

Quote from: Gost ms on Today at 07:47:20 AM

But yes, anyone can invest through any method, can invest with any source of income. But it is better to invest by deciding which one will be good for his portfolio. Because if a person invests today and has to sell it after 2 days, it will never be good for him.

I believe your statement may confuse people who are new to investing. Yes, anyone who has the money can invest in Bitcoin, but it is not a good idea to invest with any money that comes your way. Every good investor has a plan, which means you set the amount you are willing to invest weekly or monthly and ensure that the money cannot be used for other important things like rent, food, or emergencies, if you invest without a plan, you may end up using money that was meant to be used for other needs, which can cause serious issues later.

Bitcoin is like any other investment, the price can fall and rise at any time, so you should only use extra money that you can afford to leave in the investment for a long time, even if the price falls. This is why planning is very important, you need to keep the money that can cover your other needs separate from your investing funds.

A new investor needs to provide a source of discretionary income to start his investment journey, if he already has a source of discretionary income, then he needs to separate the discretionary money from there and prepare investment funds and backup funds with the discretionary money. In this case, proper planning is definitely needed and steps need to be taken according to the plan. For example, how long will you be in the investment and how much Bitcoin you are starting your investment journey with the aim of accumulating in your investment portfolio. Considering those aspects, you need to plan and prepare backup funds to survive in the long term.

Since both backup funds and investment funds come from discretionary money, you need to plan according to your position what percentage of the discretionary money would be better to take in investment funds and how much would be better to take in backup funds. I generally personally recommend keeping 60% of the discretionary money in investment funds and 40% in backup funds at the beginning of investment. When my backup fund is ready, I give utmost importance to the investment fund. You should do this plan from the prudent money that you have allocated for investment.