Therefore, I believe delaying investing in Bitcoin until we have discretionary funds is a bad idea. Time is ticking and can't be undone. Rather than training our mentality first, it's better to just start investing. I emphasize again that this mentality will naturally develop once we start investing, and a naturally formed mentality is better. Because, the real test lies in real-world situations.
I don't understand the kind of advice that you are dishing out to newbies that they shouldn't wait to have their discretionary income before they jumo into investing in bitcoin. It's a wrong advice because you are only to invest with your discretionary income to enable you hodli for a very long period of time.
If you go and invest with the money for your basic needs and monthly expenses, you are not investing but gambling and wasting your time because you will end up selling the bitcoin that you bought when your needs arises which is against your decision to only be buying and accumulating. There is no need rushing to invest when you don't have a discretionary income. Instead, you should look for a means to get a discretionary income and invest.
What you need is to have the confidence in bitcoin and have a long-term investment mindset in bitcoin by setting up a bitcoin traget which you want to accumulate. If you don't have Thebes confidence to invest in bitcoin, you can start with as low as $10 for your weekly DCA and as you invest and learn more about bitcoin overtime , you will understand how the market works based on your experience. If your confident have increased, you can increase your DCA amount and invest aggressively.
Yes what you said is true although there are still more to it
Firstly as long as you have the mindset that bitcoin is a long-term investment even if your not working and you have some money with you that your willing to give, of course it's an opportunity waiting for you !you don't have to invest much to be part of it, you can start little even from $10, and you keep on progressing, getting more knowledge getting more understanding about the coin
, even as your investment progress in amount too
Bitcoin is for everybody it doesn't matter if you reach or not, as long as you are willing to be part of it, all you have to do is to make a decision to be willing to give out what you have for a long-term investment, just like a savings account where you keep your money but this in this it grows overtime, and you wilk realize a lot.
so you don't have to be working before you invest in it but it, Although its advisable to be working before you start an investment but either way will still do
This is for any newbie out there that wants to start
Let me ask you this question...How can you maintain consistency in your Bitcoin Accumulation journey if you are not working( a source of income)? Or don't you know that it is the steady flow of income that ensures your continuous stacking without breaking your savings..... Bitcoin investment is not a one time thing, it requires consistency this is because consistency is what guarantees a strong Bitcoin portfolio overtime and this consistency mostly comes from having a reliable source of income. Honestly without a reliable source of income you may buy once or maybe twice and then stop, or at worse you might even be forced to sell early when you run into any kind of financial crisis.....