. If you have a specific source of income from which you can earn, you can invest with the money earned there,
Investment in Bitcoin is much easier when you knows the right thing to do at the right time because you wouldn't have to make the wrong decision that will compel you to sell off your holdings even when you ought not to.
As for this your statement here, it's actually the wrong approach when investing in Bitcoin, you only invest in Bitcoin from your discretionary income
(money left after all basis needs and expenses have been met), not from your source of income as you claimed, because their are so many guys out there that has a source of income but still can't figure out their discretionary income, so investing from your discretionary income is a must if you want to be successful in your Bitcoin investment, not source of income as you thought.
That's the main thing to manage so that whatever happens won't disrupt our Bitcoin investment for the future.
I think everyone has their own plan, regardless of how they start investing, but it's essential to do it. Maintaining that investment so it doesn't interfere with other needs, such as making more money. I believe a person will succeed in their investment only with a strong desire and consistency.
This is certainly true, a person who is optimistic about Bitcoin in the long term and wants to invest with strong faith in it, must be able to handle himself during any situation, and will not let his Bitcoin holdings be damaged in any way. We often see many investors panicking and selling during short-term volatility, the reason for panicking here is that they could not establish strong faith in Bitcoin,
they are skeptical about the potential of Bitcoin, and that is why they are afraid of volatility and make wrong decisions at that time due to panic, but a real investor who believes deeply in Bitcoin tries to increase his holdings by taking advantage of every volatility opportunity, this is the identity of a real investor and a short-term trader. Here, those who can hold Bitcoin by maintaining continuity of investment with patience and discipline in the long term, will definitely have a high chance of achieving great success.
The reason why most people are afraid of volatility is not just because that they are skeptical about bitcoin potential but rather is because of the way they view bitcoin. There are people that invest in bitcoin with the mindset of making quick profit, this set of people will definitely panic over price swings. Investing in bitcoin without a discretionary income is also a factor that can cause an investor to panic over price changes especially when the invested money will be needed soon.