Buy the DIP, and HODL!

[Skydrill]

Another thing is that guys sometimes get locked into shitty paying jobs, so sometimes they might need to spend some money (and/or time and energies) in order to put themselves in a place to be able to make better money.  These are not easy choices, and the answers are not obvious since they likely take some efforts from the involved person and also sometimes based on a variety of preferences and the potential to build on already existing skills and characteristics.

Our energies are high while we are in our 20s or 30s and that's the time when we must not stick with our monthly salary (if it's not adequate). One must go for extra work to generate extra income that we can use for investing in Bitcoin. Also if it becomes our habit in early age to work hard then we carry that with us as we grow. Inflation and low salary should not be an excuse, we have other options to increase our earnings.  These days inflation has gone up and people are finding it hard to live with monthly, it's essential for everyone of us to find some extra work to invest in Bitcoin. 

due to the unpredictable nature of the economy, the need for several other means of income cannot be overemphasized hence as a young man or lady it is very much advisable to always lookout for other sources of income, the more you get them the better and easier it gets for you financial wise, the inflation is already here and it is already choking the populace, as a matter of fact, even the public servants are now improvising and some are now delving into entrepreneurship all in a bid to reduce the financial burden, so the need for multiple sources of income is key to tackling the harsh economic situation in the society.

[ultrloa]

Another thing is that guys sometimes get locked into shitty paying jobs, so sometimes they might need to spend some money (and/or time and energies) in order to put themselves in a place to be able to make better money.  These are not easy choices, and the answers are not obvious since they likely take some efforts from the involved person and also sometimes based on a variety of preferences and the potential to build on already existing skills and characteristics.

Our energies are high while we are in our 20s or 30s and that's the time when we must not stick with our monthly salary (if it's not adequate). One must go for extra work to generate extra income that we can use for investing in Bitcoin. Also if it becomes our habit in early age to work hard then we carry that with us as we grow. Inflation and low salary should not be an excuse, we have other options to increase our earnings.  These days inflation has gone up and people are finding it hard to live with monthly, it's essential for everyone of us to find some extra work to invest in Bitcoin. 

due to the unpredictable nature of the economy, the need for several other means of income cannot be overemphasized hence as a young man or lady it is very much advisable to always lookout for other sources of income, the more you get them the better and easier it gets for you financial wise, the inflation is already here and it is already choking the populace, as a matter of fact, even the public servants are now improvising and some are now delving into entrepreneurship all in a bid to reduce the financial burden, so the need for multiple sources of income is key to tackling the harsh economic situation in the society.

By having multiple income it can make our investment strategy became more sustainable especially that we need to have some sort of financial security since we are dealing with Bitcoin for long term.

If they got locked up on their 9 - 5 jobs then maybe the chances for them to succeed is pretty low especially if they rely only that earning option since most provably that they would live from pay check to pay check basis.

So what's really more better is to explore many things since in digital space there are lots of opportunities available on which they provably could get more better income which can help them to became more successful with their plans to go long term on Bitcoin.

[Jostern]

Another thing is that guys sometimes get locked into shitty paying jobs, so sometimes they might need to spend some money (and/or time and energies) in order to put themselves in a place to be able to make better money.  These are not easy choices, and the answers are not obvious since they likely take some efforts from the involved person and also sometimes based on a variety of preferences and the potential to build on already existing skills and characteristics.

Our energies are high while we are in our 20s or 30s and that's the time when we must not stick with our monthly salary (if it's not adequate). One must go for extra work to generate extra income that we can use for investing in Bitcoin. Also if it becomes our habit in early age to work hard then we carry that with us as we grow. Inflation and low salary should not be an excuse, we have other options to increase our earnings.  These days inflation has gone up and people are finding it hard to live with monthly, it's essential for everyone of us to find some extra work to invest in Bitcoin.  

I think age shouldn’t be very detrimental to our plans of investing in Bitcoin or trying to have more cashflow, because whatever our differences might be that shouldn’t be a discouragement for not buying and investing in Bitcoin, what is really important should be having a discretionary income that we can start investing in Bitcoin and also trying to have other necessary means of sustainability in our Bitcoin investment, I think as long as we’re alive we do pay bills and take care of our expenses, and expenses and bills have nothing to do with age, and I think that is enough reason why we can start investing as long as we have a discretionary income, and you can still try to increase our cashflow by having other source of income which can also help increase the discretionary income, 20s and 30s can just be a benchmark for having energy to have other different cashflow, there are people who are in their 50s and 60s that have multiple source of income, and are the mostly the once doing absolutely tremendous in their bitcoin investments and even have a better Bitcoin portfolio.

And talking about salaries which I know it’s quite important, but it’s more understandable that we’re buying bitcoin as much as we have a discretionary income which would be more safe for us.

[BitBakerr1]

Different uncertain circumstances can hinder one from having numerous source of income but if one is in a better situation whereby they're fit or healthy enough to have numerous source of income then the better for such folks cause more source of income means more discretionary for investment and more funds to take care of other expenses too and more discretionary means a higher rate of accumulation to yield more profits, that's why when an investor has held for so many years, many about a decade or so it would be wise for the person to take some profits and create another source of income, maybe a business that would generate more income and discretionary to accumulate more Bitcoin and add value to their portfolio.

Earning money from multiple places is great idea if you are healthy enough to do so. More income means more money for you to invest and cover your expenses. This helps you build your wealth faster. If investor has held asset for a very long time like ten years it can be smart choice to sell portion of it. They can then use that money to start new business. This new business can become another source of income providing even more funds to invest and grow their portfolio.

Yeah you are very correct however if you have hold your Bitcoin for ten years and you are now ready to start selling them in other to start up another business it is good you sell only 5 to 10% each time the price of Bitcoin doubles so any business you want to go into should be in the range of the profit you will get when you sell 5 to 10% each time the price doubles now the reason why you should maintain this rate is because you are not sure of how the business you are going into will turn out so you need to make sure your Bitcoin investment is still very much intact for you.
Some people make the mistake of selling all there Bitcoin just because they want to start a new business or investment with the money and after selling it and the start there new business or investment some time later it crashes and they lose it and also lose their bitcoin investment so keep your Bitcoin investment going while trying out other business or investment.

Selling of 5-10% of Bitcoin should be done when someone has gotten to their overaccumulation stage and the fact that someone hold for 10 years doesn't mean they will get to this stage because of factors like unstable and unsteady source of income which will result to a poor discretionary income and emergency funds sometimes, and so it is very possible to hold till this... And still not be in overaccumulation stage.

Everything is mindset and planning, if someone doesn't plan, it mean they are already planning to fail, starting up a new business is not a wrong or bad thing but it should be done properly and I believe it is not all business that is worth selling our Bitcoin to start.

I was trying to educate him on how he should be selling his Bitcoin when his ready to start selling and one thing you most understand is that everyone has there target when it comes to Bitcoin investment, and yeah holding Bitcoin for 10 years those not mean one has reached over accumulation stage but it's not also compulsory that one most get to overaccumulation stage before he or she can start selling, like I said before everyone has there target when it comes to Bitcoin investment and when it comes to over accumulation it all depends on the investor, you can see having $500k in Bitcoin as reaching over accumulation why someone else may take reaching $300k in Bitcoin as over accumulation.

Showlove01 you are correct not all business that is worth selling our Bitcoin Because of starting another business however if you have reached overaccumulation or your target and you want to sell your Bitcoin and use the money to start another business sell only 5 to 10% each time the price of Bitcoin doubles so any business you want to go into should be in the range of the profit you will get when you sell 5 to 10% each time the price doubles.

[Wind_FURY]

  👀



The billionaires, the public companies, and the professional asset managers currently holds 12.3% of ALL Bitcoin. That's not including the supply that nation-states have started to HODL in their vaults.

Don't sell your Bitcoin at the current "cheap" price levels. Keep accumulating, if you want to see, then sell when it's at a seven digit valuation per coin OR when it's equal to or more than the total market value of Gold.

[adultcrypto]

 👀



The billionaires, the public companies, and the professional asset managers currently holds 12.3% of ALL Bitcoin. That's not including the supply that nation-states have started to HODL in their vaults.

Don't sell your Bitcoin at the current "cheap" price levels. Keep accumulating, if you want to see, then sell when it's at a seven digit valuation per coin OR when it's equal to or more than the total market value of Gold.

What is happening now is the greatest transfer of wealth in human history and the rich, who always knows how to stay rich, are positioning themselves once again to dominate this new oil. The good thing is that bitcoin give both the big capital and small fries like some of us the same opportunity to be part of the future and the new money. Those still doubting will be left behind because believe it or not, bitcoin is the real deal now. Like you said, we should hold our bitcoin and not sell because that will be the biggest mistake anyone could make. Buy as much as you can, store them properly and forget them there, that is the sure way to wealth.

[icebar]

Another thing is that guys sometimes get locked into shitty paying jobs, so sometimes they might need to spend some money (and/or time and energies) in order to put themselves in a place to be able to make better money.  These are not easy choices, and the answers are not obvious since they likely take some efforts from the involved person and also sometimes based on a variety of preferences and the potential to build on already existing skills and characteristics.

Our energies are high while we are in our 20s or 30s and that's the time when we must not stick with our monthly salary (if it's not adequate). One must go for extra work to generate extra income that we can use for investing in Bitcoin. Also if it becomes our habit in early age to work hard then we carry that with us as we grow. Inflation and low salary should not be an excuse, we have other options to increase our earnings.  These days inflation has gone up and people are finding it hard to live with monthly, it's essential for everyone of us to find some extra work to invest in Bitcoin. 

It is true that a person can work the most from 20 to 30 years and during this period, he has to work for the financial independence of his later life. Those who depend only on their job during this period will have a difficult moment. And those who invest to increase their income during this period can find financial independence in the future. Investing in Bitcoin is smarter than all other investments in terms of investment. If someone invests in Bitcoin regularly with the aim of getting financial independence in the future from his discretionary income, then he can benefit from Bitcoin by creating a large portfolio of Bitcoin at one stage. If investing in Bitcoin from a young age can be brought to the forefront, then it is easy for him to get financial independence in the future.

[Sim_card]

, Edited...

Instead of waiting to building your income to grow, why not divert that income building to investment building because time waits for no man, the earlier you start investing the better for you, you don't need to have a large income before you will figure out you discretionary income, no matter how little it is ,that is why the dca strategy is there for you to adopt dca allows you not to rush in investing, it gives you the previlege of investment little by little as you wish such as daily, weekly or even monthly, that his how low dca is,it doesn't stress anyone, life is all about determination and risk , you don't need to be financially comfortable if you really want to be a bitcoin investor, you start small and grow big as long as you are getting means of income, a person that is willing to invest in bitcoin no matter how little he has, because he wants to come out of low financial challenge, will must have succeeded in investment for a long term more and become more wealthier after getting to his over accumulation because he started long ago before someone waiting to have alot of income before starting his investment journey

It's not even compulsory for you to start your bitcoin investment with a regular inflow of discretionary income because if you want to wait to have that, you might not see the reason of buying bitcoin with your discretionary income that comes in once in a while. It's not everyone that have a strong financial strength that can give them steady discretionary income.

This is why if you are the type of person that your discretionary income is not steady, either you have to save it bit by bit because your income is equal to your expense or you are being given funds once in a while, you can buy bitcoin whenever the money is available.

The most important thing is that you have come on board the bitcoin bandwagon and that will make you have more interest on bitcoin as you study and learn about it, you will begin to understand how bitcoin works. That will motivate you to continue looking for other means to increase your income so that you can make you bitcoin purchase a continuous process weekly through DCA and keep it ongoing for 4-10 years and above. In life, you must start from somewhere and is the same with long term bitcoin investment. Delay is dangerous, the earlier the better.

[Ojinga]

Another thing is that guys sometimes get locked into shitty paying jobs, so sometimes they might need to spend some money (and/or time and energies) in order to put themselves in a place to be able to make better money.  These are not easy choices, and the answers are not obvious since they likely take some efforts from the involved person and also sometimes based on a variety of preferences and the potential to build on already existing skills and characteristics.

Our energies are high while we are in our 20s or 30s and that's the time when we must not stick with our monthly salary (if it's not adequate). One must go for extra work to generate extra income that we can use for investing in Bitcoin. Also if it becomes our habit in early age to work hard then we carry that with us as we grow. Inflation and low salary should not be an excuse, we have other options to increase our earnings.  These days inflation has gone up and people are finding it hard to live with monthly, it's essential for everyone of us to find some extra work to invest in Bitcoin. 

I get your point but I think these is even those who are in countries that even have jobs and offer free time or even pay hourly for a job, but for a country like mine  where even a graduate finds it very difficult to find a job talk more of a non graduate, then you’ll understand that, inflation and low income is a major excuse but not withstanding all of these, I also do agree with you that, the 20s and 30s are supposed to be an age of exploring and taking some calculated financial risk  but that doesn’t mean that we should at such ages life is supposed to be easy because I know of people who barely see what to eat even people above such age.

Most times I don’t have to judge or do a hasty generalization on people especially if I don’t get to know what they might be going through personally and at some point, I believe everyone who knows  about bitcoin and believes in it should want to invest and even hold it for long as possible but trust me, a good number of them are not holding it for several reasons and we do not have to blame them totally for it, especially if we don’t know what they might be going through.

[Silikiem]

Another thing is that guys sometimes get locked into shitty paying jobs, so sometimes they might need to spend some money (and/or time and energies) in order to put themselves in a place to be able to make better money.  These are not easy choices, and the answers are not obvious since they likely take some efforts from the involved person and also sometimes based on a variety of preferences and the potential to build on already existing skills and characteristics.

Our energies are high while we are in our 20s or 30s and that's the time when we must not stick with our monthly salary (if it's not adequate). One must go for extra work to generate extra income that we can use for investing in Bitcoin. Also if it becomes our habit in early age to work hard then we carry that with us as we grow. Inflation and low salary should not be an excuse, we have other options to increase our earnings.  These days inflation has gone up and people are finding it hard to live with monthly, it's essential for everyone of us to find some extra work to invest in Bitcoin. 

due to the unpredictable nature of the economy, the need for several other means of income cannot be overemphasized hence as a young man or lady it is very much advisable to always lookout for other sources of income, the more you get them the better and easier it gets for you financial wise, the inflation is already here and it is already choking the populace, as a matter of fact, even the public servants are now improvising and some are now delving into entrepreneurship all in a bid to reduce the financial burden, so the need for multiple sources of income is key to tackling the harsh economic situation in the society.

Fair enough, having multiple sources of income is good, but is not just about having multiple sources of income, you also need the right financial management skills to be able to make good decisions with those multiple sources of income so that at the end you will not be in a multiple financial crisis due to poor financial management skills. A low income earner with the right financial management skill has the potential to excel in any economy more than someone with multiple sources of income without a good financial management skill.

That being said,  coming down to bitcoin investment, which is the main reason why we are here, you don’t really need to have multiple sources of income before you can invest in bitcoin, all you need is just to be able to figure out a discretionary income to use and accumulate bitcoin either weekly or monthly depending on your income flow using the DCA method to accumulate and hold for the long term goal. I’ve seen people with multiple sources of income but they are still unable to achieve or hold down any significant success in their investments because of lack of good financial management skills. But I’ve also seen an investor with a very low income level being able to utilize his low income sources very well and figuring out a discretionary income to  consistently accumulate his bitcoin and hold for the long term goal because he have the right financial management skills and fast forward he’s making a significant success in his investment. Bitcoin investment doesn’t necessarily require you to have a multiple source of income before you can invest, just a basic knowledge and being able to figure out a discretionary income to accumulate bitcoin and you’re good to go, hence it’s advisable we adopt bitcoin investment especially in the face of the economic situation which doesn’t require you to start with very huge amounts of cash.

[ruykeri]

Some people make the mistake of selling all there Bitcoin just because they want to start a new business or investment with the money and after selling it and the start there new business or investment some time later it crashes and they lose it and also lose their bitcoin investment so keep your Bitcoin investment going while trying out other business or investment.

Selling our holdings at once is never a good practice, I'm sure that Majority of this people that like selling all there bitcoin are those Investors that have not accumulate enough stash of bitcoin in thier portfolio they feel that after selling it that it won't take long to accumulate it back. While those Investors that  have been struggling to reach the status of overaccumulation can only sell 5 to 10% of thier holdings whenever it double and after that will have to allow it to compound upon itself before attempting to sell again, because they know how Long it takes before they were able to reach the status of overaccumulation so they wouldn't want a situation where they  will start the accumulation process all over again.

Those that are selling out their bitcoin when they have not gotten any were in their accumulation process can not be called investors but traders. Buying and selling of bitcoin are the practice of traders and you are sounding as one of them here, as an investor who has not gotten to their accumulation stage or who just started buying bitcoin shouldn't think of selling their bitcoin instead they should keep buying and holding until they have gotten to their target this should be their only focus, and sell little and still keep buying and hodl when they have gotten to their over accumulation stage .

Thats true, because there’s really a thin line between someone who’s investing and someone who’s just trading for the short term… The problem is that a lot people enter Bitcoin without really knowing what they want to be, they say they are investor sentiment, but the moment the price jumps 10% they start looking for exit buttons. That mindset is not investment, it is pure reaction to the market, and it usually ends with them losing their long term conviction. Real accumulation takes patience and a bit of stubbornness, because if you keep thinking of selling before you even build a decent position, you will just keep running in circles.
An investor in Bitcoin should focus on stacking steadily, ignoring all the noise until they hit that level they can confidently call their own foundation. That is when the real decisions about scaling out or diversifying come in, not during the early stages at all..

In fact, whether a person will invest or buy Bitcoin as a trading option depends on his intention. Those who first think about investing and buy Bitcoin at a low price should understand that their mentality is that they will sell Bitcoin when the price is high. This kind of thinking is common among short-term investors, and those who invest for a long time never think about how low or high the price of Bitcoin is at the beginning of their investment. They focus on their financial situation to invest regularly. If they understand that if they have extra money left after all their monthly expenses, they will be able to continue investing for a long time with that money. Again, there are many who start investing with discretionary income by following DCA, and after a few days, if they notice that the price has increased a lot, they have a lot of profit compared to the investment. Then they sell Bitcoin. The reason for this is that they do not have faith.There are also many who have started investing in the right way, but when they see that the price of Bitcoin is falling, they get scared and sell their Bitcoin. So, who is actually holding Bitcoin for investment purposes for future security or who is investing in Bitcoin as a trading or gambling? It is understood how long they have been able to invest in Bitcoin. So I think first of all you have to mentally decide and believe that Bitcoin will definitely give you a lot of profit in the future. And if someone looks closely at the Bitcoin market in the past and the current popularity of Bitcoin, and the interest of various big institutions and governments of different countries in Bitcoin, it is clear that in the future the price of Bitcoin will be several times higher than the current price. It is only a matter of time.

[Nightwatchmare]

Some people make the mistake of selling all there Bitcoin just because they want to start a new business or investment with the money and after selling it and the start there new business or investment some time later it crashes and they lose it and also lose their bitcoin investment so keep your Bitcoin investment going while trying out other business or investment.

Selling our holdings at once is never a good practice, I'm sure that Majority of this people that like selling all there bitcoin are those Investors that have not accumulate enough stash of bitcoin in thier portfolio they feel that after selling it that it won't take long to accumulate it back. While those Investors that  have been struggling to reach the status of overaccumulation can only sell 5 to 10% of thier holdings whenever it double and after that will have to allow it to compound upon itself before attempting to sell again, because they know how Long it takes before they were able to reach the status of overaccumulation so they wouldn't want a situation where they  will start the accumulation process all over again.

In my own view, those investors that are fond of selling their Bitcoin investment along their accumulation process can be said to be short term investors because they are triggered into selling their Bitcoin investment because of the little profit they see, and they will regret their actions in the future when Bitcoin has achieved the price where they could have gained financial freedom. Advising those investors struggling to reach the status of over accumulation to  sell five to ten percent of their Bitcoin holding makes you look like a trader because you are only concern with buying Bitcoin at a low price and selling it at a higher price within a short term.

[Shadiq]

It is true that a person can work the most from 20 to 30 years and during this period, he has to work for the financial independence of his later life. Those who depend only on their job during this period will have a difficult moment. And those who invest to increase their income during this period can find financial independence in the future. Investing in Bitcoin is smarter than all other investments in terms of investment. If someone invests in Bitcoin regularly with the aim of getting financial independence in the future from his discretionary income, then he can benefit from Bitcoin by creating a large portfolio of Bitcoin at one stage. If investing in Bitcoin from a young age can be brought to the forefront, then it is easy for him to get financial independence in the future.

Youth is the best time to work, it may be the age of 20-50. This time can also be the best time for a person to work and the best time to prepare for old age. If during this time you focus on enjoyment instead of working, then you will have to work during enjoyment. If you can save some of the money you earn during this time and invest it (in Bitcoin), then you will definitely be able to achieve financial freedom in old age. If you are interested in long-term Bitcoin investment during your youth and can achieve your goals by investing continuously and can create a large investment fund, then you will definitely be able to spend the rest of your life using some of that fund or set up a business organization to diversify your investments. Now is the best time to invest, so try to utilize the time.

[Kelward]

Another thing is that guys sometimes get locked into shitty paying jobs, so sometimes they might need to spend some money (and/or time and energies) in order to put themselves in a place to be able to make better money.  These are not easy choices, and the answers are not obvious since they likely take some efforts from the involved person and also sometimes based on a variety of preferences and the potential to build on already existing skills and characteristics.

Our energies are high while we are in our 20s or 30s and that's the time when we must not stick with our monthly salary (if it's not adequate). One must go for extra work to generate extra income that we can use for investing in Bitcoin. Also if it becomes our habit in early age to work hard then we carry that with us as we grow. Inflation and low salary should not be an excuse, we have other options to increase our earnings.  These days inflation has gone up and people are finding it hard to live with monthly, it's essential for everyone of us to find some extra work to invest in Bitcoin. 

Money is the means to own Bitcoin, unless it is gifted to you or you receive your payment with it, so aside from the gifting you have to work to own it. It is not enough that you have all the exceptional knowledge about Bitcoin and it's market, without money you cannot buy and hodl it, period!

I've always emphasized in some of my posts on this thread about the importance of moving out of our comfort zones and try to increase our incomes. It is essential because if you're still receiving the same income over time without any increase you will find out that it will no longer be sufficient for you. Fiat are prone to inflation so to be on top of your DCA method you have to think smart and find legitimate ways to increase your income. Get a better paying job, get a side hustle, learn profitable skills that are in demand so you can have a better life and conveniently funds your discretionary account.

If you're determined to constantly accumulate and hodl for a very long term you need to put in the work. When money stops to enter your discretionary funds it becomes a clog to your goal of long term hodl.

[Fuso.hp]

Another thing is that guys sometimes get locked into shitty paying jobs, so sometimes they might need to spend some money (and/or time and energies) in order to put themselves in a place to be able to make better money.  These are not easy choices, and the answers are not obvious since they likely take some efforts from the involved person and also sometimes based on a variety of preferences and the potential to build on already existing skills and characteristics.

Our energies are high while we are in our 20s or 30s and that's the time when we must not stick with our monthly salary (if it's not adequate). One must go for extra work to generate extra income that we can use for investing in Bitcoin. Also if it becomes our habit in early age to work hard then we carry that with us as we grow. Inflation and low salary should not be an excuse, we have other options to increase our earnings.  These days inflation has gone up and people are finding it hard to live with monthly, it's essential for everyone of us to find some extra work to invest in Bitcoin. 

It is true that a person can work the most from 20 to 30 years and during this period, he has to work for the financial independence of his later life. Those who depend only on their job during this period will have a difficult moment. And those who invest to increase their income during this period can find financial independence in the future. Investing in Bitcoin is smarter than all other investments in terms of investment. If someone invests in Bitcoin regularly with the aim of getting financial independence in the future from his discretionary income, then he can benefit from Bitcoin by creating a large portfolio of Bitcoin at one stage. If investing in Bitcoin from a young age can be brought to the forefront, then it is easy for him to get financial independence in the future.

Since Bitcoin is not comparable to any other digital currency, I think Bitcoin should be considered as the auto choice of investors for long-term investment.

Those who have been investing in Bitcoin for a long time are now successful in their investments, but even then all these investors have not moved away from their investments, but rather, they continue to invest in the hope of something better in the future and they will invest in the future. So many big companies are investing so much in Bitcoin, but we do not have the confidence to invest a small amount of money in Bitcoin consistently.

First of all, we have to have enough confidence in the investment and we have to consider Bitcoin investment very important, and we can also consider investment as financial security in the future.
As long as our body has strength, we may be able to continue earning well, but there will come a time when we cannot work as hard as before and cannot earn money as before, then our financial problems may arise.  To avoid financial problems in the future, we need to invest in Bitcoin now and continue investing in Bitcoin until we feel that we are no longer able to earn money like before.

[sotelorene]

Another thing is that guys sometimes get locked into shitty paying jobs, so sometimes they might need to spend some money (and/or time and energies) in order to put themselves in a place to be able to make better money.  These are not easy choices, and the answers are not obvious since they likely take some efforts from the involved person and also sometimes based on a variety of preferences and the potential to build on already existing skills and characteristics.

Our energies are high while we are in our 20s or 30s and that's the time when we must not stick with our monthly salary (if it's not adequate). One must go for extra work to generate extra income that we can use for investing in Bitcoin. Also if it becomes our habit in early age to work hard then we carry that with us as we grow. Inflation and low salary should not be an excuse, we have other options to increase our earnings.  These days inflation has gone up and people are finding it hard to live with monthly, it's essential for everyone of us to find some extra work to invest in Bitcoin. 

It is true that a person can work the most from 20 to 30 years and during this period, he has to work for the financial independence of his later life. Those who depend only on their job during this period will have a difficult moment. And those who invest to increase their income during this period can find financial independence in the future. Investing in Bitcoin is smarter than all other investments in terms of investment. If someone invests in Bitcoin regularly with the aim of getting financial independence in the future from his discretionary income, then he can benefit from Bitcoin by creating a large portfolio of Bitcoin at one stage. If investing in Bitcoin from a young age can be brought to the forefront, then it is easy for him to get financial independence in the future.

You are absolutely correct, a wise person won't always depend on the work they are doing to get money rather they will look for something that will keep them financially stable even when there job is not longer there a wise person is always unlimited when it comes to ideas, reasoning, thinking and planing. It is very wrong to depend on a job because you are not the owner and you can be sack any day or anytime, if I should get a job where I'm working now I won't depend on the job rather I will be establishing myself while working in the place and I don't even plan to work for someone till I am old, my plan is once I'm done establishing myself I will quit the job and focus more on my company and some other Investment because if you are working for someone without setting things up for yourself you will definitely go broke once you leave the job.

[Bluedrem]

You are absolutely correct, a wise person won't always depend on the work they are doing to get money rather they will look for something that will keep them financially stable even when there job is not longer there a wise person is always unlimited when it comes to ideas, reasoning, thinking and planing. It is very wrong to depend on a job because you are not the owner and you can be sack any day or anytime, if I should get a job where I'm working now I won't depend on the job rather I will be establishing myself while working in the place and I don't even plan to work for someone till I am old, my plan is once I'm done establishing myself I will quit the job and focus more on my company and some other Investment because if you are working for someone without setting things up for yourself you will definitely go broke once you leave the job.

Savings have been born out of the desire not to depend on work for money. People constantly live their lives with various kinds of fears. Because anything can happen in a person's life at any time. Even if a person has a high salary or earns a high profit from a business, if he spends the entire amount of money he has earned, then later he has to pay for various things. For some reason, he may fall ill, then as long as he is ill, he does not get any salary due to not working, as a result he has to go through a lot of trouble from the next month. Keeping all these thoughts in mind, people like to save a certain part of their income so that they can use it in the future in critical days. Bitcoin has made this saving system easier for people. Because here a person can save according to his ability to save. Someone may have the ability to save $50 per month, then he can save only $50, while someone can save $50,000 if he has the ability to save $50. And by offering the highest financial security for Bitcoin assets, there is no need to worry much after depositing it here. The only thing to keep in mind is that the investment should be maintained for the long term.

[Lembo69]

You are absolutely correct, a wise person won't always depend on the work they are doing to get money rather they will look for something that will keep them financially stable even when there job is not longer there a wise person is always unlimited when it comes to ideas, reasoning, thinking and planing. It is very wrong to depend on a job because you are not the owner and you can be sack any day or anytime, if I should get a job where I'm working now I won't depend on the job rather I will be establishing myself while working in the place and I don't even plan to work for someone till I am old, my plan is once I'm done establishing myself I will quit the job and focus more on my company and some other Investment because if you are working for someone without setting things up for yourself you will definitely go broke once you leave the job.

Savings have been born out of the desire not to depend on work for money. People constantly live their lives with various kinds of fears.

By savings, you mean emergency fund. Yes, according to your statement, danger can come in our lives at any time. And emergency fund is to keep ourselves calm in that danger and deal with the danger. In our daily life, we often face some kind of danger suddenly. It can be some kind of illness or accident. And emergency fund is to save us from these dangers. Emergency fund is not only for investing in Bitcoin. You can also manage your daily life better through this emergency fund.

To invest in Bitcoin, you should keep your emergency fund for this reason so that you do not have to sell your investment. From the role of your life to the conclusion, the importance of emergency fund is immense.

[yixichloro2xx]

I think age shouldn’t be very detrimental to our plans of investing in Bitcoin or trying to have more cashflow, because whatever our differences might be that shouldn’t be a discouragement for not buying and investing in Bitcoin, what is really important should be having a discretionary income that we can start investing in Bitcoin and also trying to have other necessary means of sustainability in our Bitcoin investment, I think as long as we’re alive we do pay bills and take care of our expenses, and expenses and bills have nothing to do with age, and I think that is enough reason why we can start investing as long as we have a discretionary income, and you can still try to increase our cashflow by having other source of income which can also help increase the discretionary income, 20s and 30s can just be a benchmark for having energy to have other different cashflow, there are people who are in their 50s and 60s that have multiple source of income, and are the mostly the once doing absolutely tremendous in their bitcoin investments and even have a better Bitcoin portfolio.

And talking about salaries which I know it’s quite important, but it’s more understandable that we’re buying bitcoin as much as we have a discretionary income which would be more safe for us.

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.

[Moreno233]

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. 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.