Having a good source of income is important since our consistency in bitcoin investment strictly varies with our cash flow. So a good cash flow management is very important in our being able to keep up with our DCA strategy. However it is possible to be buying bitcoin while working on increasing or stabilising our cashflow. I believe it is possible to have a source of income without one having a discretionary income so it is very important we determine if we have discretionary income to invest with before thinking of starting .
Absolutely true
. The key, the point is, if we want to
accumulatingaccumulate BTC
is a strong and consistent income in, the
most important thing is that our real
-world
income must be good and consistent.
IfOf course, if our income
isn't consistentis inconsistent and doesn't increase
in the real world,
your DCAit will certainly
be hamperedhinder our DCA system. However, in my opinion, there are many ways to invest in BTC.
WeOf course, we don't need to use the DCA system if we don't have a steady income. The most important thing is that when we have money we can afford to lose, we can buy BTC.
HavingOf course, having the desire to invest in BTC for the long term is
certainly a good value
. There because there are certainly quite a few wealthy people who
aren'tare not interested in investing in BTC. So,
of course, if
ourwe want to invest in BTC, buy BTC with money
ourwe can afford to lose and save it for the long term.
The keySo, the point is
not to incur, we shouldn't experience losses
because of investing in
BTC in the real world
because we invest in BTC.
EssentiallySo,
in essence, BTC is just a side business.