Off course before one will start Bitcoin investment journey they ought to have a mental picture of how they want their investment to look like because you can not just wake up and said you want to start investing in Bitcoin. Everyone is investing to have a portion of Bitcoin and also to make profit in the long run so it is something that one should be diligent about.
If someone have a good discretionary income and they are not making or utilizing it well it is same thing as someone ( investor) who doesn't have, we are the one that will make our investment look great by our action.
I believe all strategy are clear it is just the way we perceive things that matters though DCA method is very good in the sense that everyone can invest using it.
It’s pertinent that one who’s desirous to go into bitcoin investment to get started immediately as far as he’s able to figure out a discretionary income to use and accumulate and invest in bitcoin and hold for the long term purpose first. When you’re into something as volatile as bitcoin then you’ll be able to learn more about it and have a more clear understanding on how to make important investments decisions which will further improve your investment. A clear picture of how your investment should look like is for you to have the long term investment goal mentality.
To invest in Bitcoin, you definitely need a sensible income, why can't you invest and move forward if you have a mirror and don't have a good source of income. To invest in Bitcoin, you definitely have to be wealthy. A low-income person can invest in Bitcoin if he has the mindset and desire to invest. That's why it's most important to invest in Bitcoin according to the DCA method, because the DCA method is easy for any person and investing in Bitcoin is most important for him to further secure his future through income.
As soon as, I agree with you on some points. Just as it is better to be a little rich to invest in Bitcoin, if one wants to invest in Bitcoin then he must have patience and know about Bitcoin.
From my observation with what you’re saying, you’re implying that its better for someone to be rich first before Investing in bitcoin and technically I think that’s what you also mean by saying if one wants to invest in bitcoin, then he must have patience and know about bitcoin.
Well, i don’t have a problem with anyone being rich to invest In bitcoin, but my question is are you going to wait until you’re rich before investing in bitcoin or are you going to let your desire to invest In bitcoin to die off simply because you feel you’re not rich enough to invest In bitcoin?. I think it’s been emphasized here in this thread and many other threads in the forum that bitcoin investment is not an investment meant for the rich alone, as a matter of fact anyone can accumulate bitcoin and hold using just a discretionary income to do so. You don’t need to be Rich before accumulating and investing in bitcoin, no matter your financial status, all what is needed to accumulate and invest in bitcoin is just a discretionary income. You must not wait until you have all the money in the world before investing in bitcoin, once you’re desirous to invest in bitcoin all you just have to do is to be able to figure out a discretionary income to use and accumulate bitcoin gradually and hold for the long term goal, using the DCA method to accumulate and gradually build up your portfolio. Along the line as you’re accumulating bitcoin, you can be figuring out ways to improve your finances or income to use and be able to figure out a discretionary income to invest with.
Also, you don’t have to wait to know more about bitcoin before getting started In bitcoin accumulation and investment, just a basic knowledge and a discretionary income to use and accumulate bitcoin and you’re good to go, because you’ll surely get to be able to learn more about bitcoin along the line as you’re accumulating and investing in it, and also be able to make more informed decisions regarding how to improve your investment. That time you are using to wait to know more about bitcoin would have been used to accumulate a reasonable amount of bitcoin stash and gradually build up your portfolio for the long term purpose.