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Quote from: yixichloro2xx on September 16, 2025, 08:36:15 PM

Age itself does not stop anyone from investing in Bitcoin or from building more cash flow. What really matters is whether someone has discretionary income and the discipline to keep stacking without touching it for everyday bills. As you said, expenses will always be there no matter our age, so the real solution is having other income streams to support those expenses. That way, whatever goes into Bitcoin remains long term. Salaries or main income can serve as the foundation, but multiple income sources give extra room to increase discretionary income and keep the investment secure.

You must not have multiple sources of income before you can comfortably invest in Bitcoin, what you need is a good source of income that can cover your basic needs and allow you have enough discretionary income from where you will invest part into Bitcoin and part of it kept as emergency funds. This idea of having multiple sources of income have made more people spread their money and energy into things they should have avoid to focus on things that will help them just because they want to create many streams of income.

You shouldn't have multiple sources of income before you can comfortably invest in Bitcoin, this might be a made-up comment on your part because if we have multiple sources of income before investing, it creates a foundation for progress and a unique path for us. In fact when a person has money coming in from multiple sources of income, they don't have to worry about investing, meaning they can be smart investors and refrain from gambling on the future. In other words having multiple sources of income can better meet basic needs and increase our financial security because then everyone has more opportunities to earn money. So I disagree with your statement that you shouldn't have multiple sources of income before investing.

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If you have a good business that is fetching you enough money, you can use part of your profits to start building your Building your Bitcoin portfolio. The focus is to have discretionary income and emergency funds to protect the investment from being sold when it was not planned.

Why only one business? If you have several businesses, it is possible to earn enough money from them too and if someone makes enough money from one business, then he has more businesses that is, he has two or three businesses, he will be able to earn a lot more money, which will result in earning much more money than he needs. So if these people have a long-term view of investing in Bitcoin, they don't have to be chaotic about their investment path because nowadays it is seen that many holders who have Bitcoin want to deposit more and more, just as those who have money want to save more and more money. Therefore those who have a large amount of savings can easily smooth out their investment journey.

Having multiple streams of income is good In all facets of life, but that shouldn’t be detrimental in getting started in bitcoin investment because here all you need to invest with is just your discretionary income to accumulate bitcoin and hold either weekly or monthly depending on how your income flows. Weather an investor have multiple sources of income or not, at the end what is only required of the investor is to be able to figure out a discretionary income to accumulate and invest in bitcoin. Having multiple sources of income does not guarantee financial security, I think without the right financial management skill even with your multiple sources of income you are likely to have multiple financial crisis. So, for me I think even if an investor doesn’t have a multiple sources of income, but have a source of generating income and from there he’s able to figure out a discretionary income to use for accumulation and investing in bitcoin he can comfortably do so provided he have the right financial management skills. whereas an investor with multiple sources of income without the right financial management skills to be able to manage and make good decisions with his income can’t comfortably invest in bitcoin.

I think it is certainly more beneficial to have more than one source of income and become financially more secure, yet it is not a prerequisite to begin investing in Bitcoin. The most important is whether or not you will have some free income to spend that will not be required to pay the rental, the food or other emergencies. It does not take a person with a single salary to create a decent Bitcoin hold as long as they manage their money and remain disciplined.
That there are many sources of income is not necessarily a blessing, either, should we forget that. It is not the first time in history when individuals pursued their side hustles or new businesses without planning and overstretched themselves. They had more issues and money troubles rather than increased income. That is why the number of income streams is less significant than financial management.

Bitcoin as such is a long term asset and the real secret lies in the consistency. The amount of your stable income is five or one; the rule is the same: you save a part of it every now and then, secure it with an emergency fund, and do not start panicking when the market is going down. Most early Bitcoiners worked at one respectable job, though through consistent accumulation, they became financially independent.