What amount do you classify as much capital. To start your investment you dont need an actual amount to start it, all you need is a stable job, an income, and a discretionary income from your actual income. With time you can have more passive income to increase the percentage of your discretionary income you do invest with, that is if you are using the dca strategy. However, most rich people prefer to lump sum, since they do not want to hesitate in having a good amount in their portfolio
You don't need a stable job to invest. You need a source of discretionary income to invest. There are many people whose source of income is not stable. You need to find discretionary income from your source of income.
Bruh, do you even understand what you said, Loyang? Because honestly it does not really add up. You are saying someone does not need a stable job to invest, but still needs discretionary income.. Now let’s be real, question for you: if a person does not have a job or at least something consistent bringing in money, how exactly are they supposed to have discretionary income?? You can not spend what you do not earn, so it sounds a bit contradictory…
Yes, it is true not every income is fully stable, some people freelance, some hustle, some do business, and that is fine. But even with that, there still has to be some form of steady inflow before you can even think of setting money aside for investing.. Without that base, you are just talking theory. Investment comes from actual earnings and not is created out of thin air, whether stable or not..
That is why most people always advise having a stable source of income, if possible, before taking investing seriously. Especially with Bitcoin, because effective DCA works best when you have money coming in consistently. The truth is If you are always struggling with where the next cash is coming from, you will either break your plan or end up selling early….