Re: Buy the DIP, and HODL!

You are absolutely correct, it is not impossible for someone to invest in Bitcoin without a source of income I mean what they fuck are they using to accumulate if they don't have source of income.

Having a source of income and having a discretionary income are two different things you need to take not off, they are not the same, what is needed to invest in Bitcoin is a discretionary income not a source of income, because their are so many folks that have a source of income but still can't figure out their discretionary income, so if you have a source of income their no guarantee that such person will invest in Bitcoin and be successful if he can't sorts out his discretionary income from there.
Having a source of income is very important in taking care of yourself and your basic needs, but if you can't figure out your discretionary income and you went ahead and invest, you are just gambling, and the end product of such actions wouldn't be pleasing because selling it prematurely will be inevitable.

You need money to be able to invest, a source of income breeds discretionary income, so while a source of income does play a crucial role in generating discretionary income, you don't need a steady source of income, the periodicity and regularity of your income doesn't have to be steady, it just has to be enough for you to be able to get a discretionary income from it after taking care of yourself and your essentials.
So you need discretionary income to invest and you need a means to renew you discretionary income if you want your investment to be consistent but not a steady source of income.

You seems to be saying almost the same thing that have been said in the post you are replying because apparently no difference between what you guys are saying. And if you don't mind, I would like to know what you meant by renew one discretionary income? We don't renew discretionary income but will do get it after taking care of every expenses and then the money left is our discretionary and as an investor you should not allow your discretionary income to get finish before you start try to sort it out, it should be something that will be there always to enable our investment running.

I'm sure we can both agree that Discretionary income is what's left behind after a person has paid for and settled all of his essentials, so about the renewing of your discretionary income let's consider an investor who is a salary earner and let's say he gets paid monthly after which he decides to stock up on food, pay for his different bill and more or less settles all of his expenditures, then at the end of the day he is left with a bit of extra cash, this is his discretionary income, there are alot of things he could do with this, my advice would be to invest in bitcoin with a reasonable percentage of it and also build up his emergency funds as well, he could try to treat himself to a little something as long as his discretionary income allows for that, so at the end of every month he renews his discretionary income with potentially slight changes in it's total amount, renew is prone to alot of different interpretations but this is mine.