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…
I don't think that it's contradictory because there are some people who have a stabke job but hardly get extra cash after taking care of their monthly expenses and basic needs. In the beginning of your bitcoin investment, you must not make it compulsory to be consistent when you don't have a consistent discretionary income. You can buy once in a while whenever your discretionary income is available. Do you know that some people don't have a job but they have a discretionary income because they have people cartering for their needs and expenses. If such person is given money as a gift, he can use it to invest into bitcoin or if he hits a jackpot, he can invest with the money. If you want to wait till you have a good stable paying job before you start your bitcoin investment, it means that you will remain a no coiner for a long, instead of getting started with the little discretionary income available.