Buy the DIP, and HODL!

[B2Z]

You don't need to have a stable income before you start investing into bitcoin, you can start with what ever amount you have, waiting to stabilise before investing in Bitcoin is not the right thign to do cause you can start while you put yourself in a better position by looking for a stable source of income, let's assume a guy that receives 100$ as a birthday gift and wants to buy bitcoin, although it's it's a steady income he can decide to invest up to 50$ into bitcoin or less depending on his expenses and what matters most is taht he has already started and when he has another money he can buy again and by the time he is stable he might already have some money invested into bitcoin, besides it's a long term approach so he has time to fix himself as he accumulates bitcoin.

We can invest in Bitcoin at any time but stability means if you have a birthday present of $100 you can invest $50 if you don't do anything every month how do you invest? How do you invest I mean if you have some cash monthly or weekly income then it will be very useful for you to invest because every person needs money in their life if I don't have cash income then I am on my birthday  I immediately started investing the money that I get, I am forced to withdraw when I need it, so if you do tuition or do some work besides your studies, if you can invest from there every month, it will be very good for you. But I don't mean that you can't invest the money you get on your birthday but if you can invest with long term plan then definitely you can invest but if you are working in some other job besides studying then every month from there.  You can invest a time and you will see that you will get a lot of profit. So in the case of Bitcoin investment, if we can invest with a long-term plan and check the market, we can definitely achieve a lot of success with Bitcoin investment. If we are not motivated to invest in bitcoins little by little then it will be seen that the small amount of money will be quite a good capital in bitcoins. Day by day people are showing more interest in bitcoins and the popularity of bitcoins is increasing so everyone should invest in bitcoins who are bitcoins. Know about or aware of Bitcoin. Bitcoin has changed the fortunes of thousands of people surely Bitcoin will change our fortunes if we can invest properly.

[Kliss]

You don't need to have a stable income before you start investing into bitcoin, you can start with what ever amount you have, waiting to stabilise before investing in Bitcoin is not the right thign to do cause you can start while you put yourself in a better position by looking for a stable source of income, let's assume a guy that receives 100$ as a birthday gift and wants to buy bitcoin, although it's it's a steady income he can decide to invest up to 50$ into bitcoin or less depending on his expenses and what matters most is taht he has already started and when he has another money he can buy again and by the time he is stable he might already have some money invested into bitcoin, besides it's a long term approach so he has time to fix himself as he accumulates bitcoin.

Having a stable source of income is crucial for consistent Bitcoin accumulation while also meeting personal needs. investing money you have at the moment without having a steble source of income can impact negatively and  hinder your Bitcoin investment growth. Bitcoin investment requires one to be engaged in something that  brings earnings or wages either weekly or monthly so that certain percentage can be allocated to your Bitcoin investment no matter how little it may be and also doing it consistently, whether weekly or monthly, to ensure steady growth in your investments. Consistency is key in building your Bitcoin portfolio while balancing your financial responsibilities. It's all about finding that balance and staying committed to your investment goals.

[Wind_FURY]

HAPPY NEW BITCOIN ATH DAY!

lol! This would have been a potential April fool or rather some sort of dark joke but my inquisitive self had to go check up the current price before accepting that you're actually right 😂 and yeah, you're actually right, but if you think he's wrong go check it out at the time this comment was made and you will know that you're also right 😊

No, it has not surged to a new ATH yet, but it's going to be today, or perhaps tomorrow?

yeah! You're still right.

Plus JayJuanGee, the topic has become yours with the wisdom that you have imparted with plebs and with people who want go learn more about investing like me. Buy the DIP, or DCA are both good as long as the individual HODLs. It's probably better if the topic's title is changed simply to "Buy and HODL!", no?

you know that when an average newbie visits the thread and starts off, the word DIP has alwsys been a problem most people have face as it seems to be suggesting that it's best to buy during the DIP and then holding to thier Bitcoin and the end result has always been that they attempt timing the Bitcoin price to look out for a possible DIP to buy at.

I guess with the change of the topic to just Buy and hold although a better version of this change would have been Buy Bitcoin and Hold since it appears that most newbies tend to mix-up buying Bitcoin and hold to almost meaning same as Buying crypto or altcoin and hold. The change is going to put more context to the discussion and help newbies that are learning about the best approach to use in making Bitcoin investments do it the right way and not also engage in this discussion out of context.

The market SIKE. Hahaha.

It always has a way of making a fool out of people, especially plebs like me. BUT if you find a DIP and you have disposable income, obviously there's one way to spend it = Buy Bitcoin, and HODL. I believe, currently, we should reach for it deep beneath ourselves and find the conviction to keep HODLing. Don't allow the market SIKE affect your mental sanity. That leads to something that you might regret like those people from 2012 - 2015 who sold their coins.

[Justinapeter]

HAPPY NEW BITCOIN ATH DAY!

lol! This would have been a potential April fool or rather some sort of dark joke but my inquisitive self had to go check up the current price before accepting that you're actually right 😂 and yeah, you're actually right, but if you think he's wrong go check it out at the time this comment was made and you will know that you're also right 😊

No, it has not surged to a new ATH yet, but it's going to be today, or perhaps tomorrow?

yeah! You're still right.

Plus JayJuanGee, the topic has become yours with the wisdom that you have imparted with plebs and with people who want go learn more about investing like me. Buy the DIP, or DCA are both good as long as the individual HODLs. It's probably better if the topic's title is changed simply to "Buy and HODL!", no?

you know that when an average newbie visits the thread and starts off, the word DIP has alwsys been a problem most people have face as it seems to be suggesting that it's best to buy during the DIP and then holding to thier Bitcoin and the end result has always been that they attempt timing the Bitcoin price to look out for a possible DIP to buy at.

I guess with the change of the topic to just Buy and hold although a better version of this change would have been Buy Bitcoin and Hold since it appears that most newbies tend to mix-up buying Bitcoin and hold to almost meaning same as Buying crypto or altcoin and hold. The change is going to put more context to the discussion and help newbies that are learning about the best approach to use in making Bitcoin investments do it the right way and not also engage in this discussion out of context.

The market SIKE. Hahaha.

It always has a way of making a fool out of people, especially plebs like me. BUT if you find a DIP and you have disposable income, obviously there's one way to spend it = Buy Bitcoin, and HODL. I believe, currently, we should reach for it deep beneath ourselves and find the conviction to keep HODLing. Don't allow the market SIKE affect your mental sanity. That leads to something that you might regret like those people from 2012 - 2015 who sold their coins.

I have an advice for those still in deep regret of selling of there Bitcoin in 2013 - 2015 and those who saw the opportunity to invest in Bitcoin years back and refused to invest I was there before and it affected me negatively.

Most times, regrets are not the way to go about most of these things that happened to us at some point in our life's. You might be busy reminiscing on your past errors that you fail to realize the opportunity right before you. Is this the end of growth for bitcoin, I believe the answer is no and yet, some persons don't own a Satoshi yet! It's another thing to be regretful about in the later future should steps not be taken now.

For most persons, they weren't aware or financially capable as the value and what it took to earn a dollar isn't what it is today. Should we look at it this way, should time be revised and you had not the knowledge you possess now, I don't see how you would be making a different decision than you did a decade ago.

Everything you did at certain points of your life is the only thing you could have done at that time. Your no fortune teller to look into the future. You can only try and make predictions but, hardly will your predictions play out as predicted. It's life and investment. Let your experience lead you and no time for regrets.

7 years ago I had the opportunity to invest on Bitcoin but I lift it and was investing on one shit coin using the DCA method and I did the investment for 3 years but I later lost everything I couldn't pick myself up but I decided to live the past and start a new journey with Bitcoin this year and right now I have accumulated a little using the DCA method Bitcoin will keep growing so don't give up start a new journey today.
 

[Sim_card]

This is why it is not good to be waiting and piling up your funds in fiat when you already have an additional income which you can use to invest in bitcoin without a problem and hodli for long. It is never risky because you started earlier than waiting, and you are on a long term bitcoin journey using DCA strategy which will reduce the risk in bitcoin investment due to its volatile nature. You should also note that the price that you are buying today, might not be the price you will next next year because bitcoin price increases overtime, and this is why the investors who bought early are in great profit. The cheaper the price the   easier for you to accumulate more bitcoin, and the higher the price of bitcoin the harder it becomes to accumulate more bitcoin. Don't wait in poverty instead of fighting your way out of poverty with investing in bitcoin immediately you have the money

Waiting and piling up the cash in fiat before you buy is totally the wrong approach if you ask me because Bitcoin isn't a stable coins and you can't expect the price to sit around and wait for you to gather all the money first before you now use when you are satisfied with the money for investment. The right thing to do is simply to keep striving to accumulate just like you have stated with the little earning so that you can meet up with atleast the lower price because you can't tell when the price might go up or even down.

Even though bitcoin is not a stable coin that shouldn't discourage who wants to save up money to invest from investing in a wrong time, note, as the price isn't stable it makes it easier for any investor to save and invest whenever he wants to as no time is late to invest and to take profit. I think it is right to have have a stable income before investing in bitcoin since it will reduce the panic and fear of the investor but anyone who is investing with a little earning will only be hoping to get a quick profit which may never happen easily unless the price increased tremendously after investing so I think saving enough money and having a good and stable income should be considered by anyone before holding bitcoin.

You don't need to have a stable income before you start investing into bitcoin, you can start with what ever amount you have, waiting to stabilise before investing in Bitcoin is not the right thign to do cause you can start while you put yourself in a better position by looking for a stable source of income, let's assume a guy that receives 100$ as a birthday gift and wants to buy bitcoin, although it's it's a steady income he can decide to invest up to 50$ into bitcoin or less depending on his expenses and what matters most is taht he has already started and when he has another money he can buy again and by the time he is stable he might already have some money invested into bitcoin, besides it's a long term approach so he has time to fix himself as he accumulates bitcoin.

Your wrong to think that the reason people panic is cause they don't have a stable source of income, rather why people would easily panic is when they invest more than they can afford to leave in bitcoin or above their discretionary income, let's not forget taht any amount put into bitcoin should be considered gone untill your investment has mature and that can be up to 4 years or more, so that why it's best to invest out of your disposable or discretionary income to avoid easy panic or fear.

Buying bitcoin with the money that was given to you on tour birthday is a wise decision but how will you hodli that bitcoin for long when you don't have a means of income. If you are faced with a big challenge, you will not hesitate to sell your bitcoin to solve the problem and become a no coiner. Even investors that have a regular means of income do sell their bitcoin if they don't have an emergency funds. No bitcoin investment will grow without a source of income and an emergency funds.

You have bought bitcoin and you cannot continue investing to grow your bitcoin portfolio, and it is just stagnant, you might not have any profit for a long time especially if bitcoin price is below your entry point overtime. The aim of investing is to grow your bitcoin investment to a particular size that will be able to give your some profits over time, and also keeping the value of your funds from depreciating. The first thing to do if you want to invest in bitcoin is to get a means of income , from there you can take from your discretionary income to buy bitcoin regularly using DCA weekly or monthly consistently without stopping for 4-10 years.

Emergency funds is very important, and you can use the left over from your discretionary income to build your emergency funds up to 3-6 months, after which you can also build your reserve funds. All these put together with discipline will make you not sell your bitcoin before time.

[ginsan]

I have an advice for those still in deep regret of selling of there Bitcoin in 2013 - 2015 and those who saw the opportunity to invest in Bitcoin years back and refused to invest I was there before and it affected me negatively.

Don't bring up the past, let the past become your own memories. In the future, just focus on bitcoin by accumulating using DCA. live a new chapter in your investment journey because as long as you have the intention to change your fate then you have a greater chance of achieving success in the future.

I also started last year by buying bitcoin every week with the intention of never selling it again and having the confidence to hold it until old age or for my retirement. If you have more money, keep buying aggressively and if you don't have money, don't take out a loan to buy bitcoin. Invest casually without having to force yourself to continue buying aggressively but just focus on DCA.

[promise444c5]

[edited out]

I think it depends on the amount of quality information the individual is privileged to have, Which is why I was very careful to acknowledge the usefulness of threads such as this aimed at educating beginners.
Helping them to understand and make profitable decisions on the space, which is more or less the right path to follow on this unending journey of crypto currency’s.

Are you trying to sound smart, or what?  What is this amorphous crypto bullshit that you are referring to?  Do you believe crypto and bitcoin are the same?  If you are wanting to talk about bitcoin, then why not just say bitcoin?  Probably you don't really know what bitcoin is, so you think that you are communicating something more meaningful when you speak in vague terms.. which truly is not helping anyone, and probably shows your own lacking of understanding in regards to what bitcoin actually is.

I now see it clearly....
The word Currencies... sound absurd
It's  a world for Bitcoin only, bitcoin might be a cryptocurrency but the word cryptocurrencies is some kinda bullsh*t here we don't discuss alts... I know this has been addressed but just checking to know what's really going on.

I have an advice for those still in deep regret of selling of there Bitcoin in 2013 - 2015 and those who saw the opportunity to invest in Bitcoin years back and refused to invest I was there before and it affected me negatively.

Don't bring up the past, let the past become your own memories. In the future, just focus on bitcoin by accumulating using DCA. live a new chapter in your investment journey because as long as you have the intention to change your fate then you have a greater chance of achieving success in the future.

I also started last year by buying bitcoin every week with the intention of never selling it again and having the confidence to hold it until old age or for my retirement. If you have more money, keep buying aggressively and if you don't have money, don't take out a loan to buy bitcoin. Invest casually without having to force yourself to continue buying aggressively but just focus on DCA.

Not excluding  emergency funds , especially while you're buying aggressively to have alot stashed up

[Fuso.hp]

You don't need to have a stable income before you start investing into bitcoin, you can start with what ever amount you have, waiting to stabilise before investing in Bitcoin is not the right thign to do cause you can start while you put yourself in a better position by looking for a stable source of income, let's assume a guy that receives 100$ as a birthday gift and wants to buy bitcoin, although it's it's a steady income he can decide to invest up to 50$ into bitcoin or less depending on his expenses and what matters most is taht he has already started and when he has another money he can buy again and by the time he is stable he might already have some money invested into bitcoin, besides it's a long term approach so he has time to fix himself as he accumulates bitcoin.

Having a stable source of income is crucial for consistent Bitcoin accumulation while also meeting personal needs. investing money you have at the moment without having a steble source of income can impact negatively and  hinder your Bitcoin investment growth. Bitcoin investment requires one to be engaged in something that  brings earnings or wages either weekly or monthly so that certain percentage can be allocated to your Bitcoin investment no matter how little it may be and also doing it consistently, whether weekly or monthly, to ensure steady growth in your investments. Consistency is key in building your Bitcoin portfolio while balancing your financial responsibilities. It's all about finding that balance and staying committed to your investment goals.

Investors are generally advised to build funds and then start investing to ensure consistency in their investments. It is applicable only to those investors who are very serious about their investment and who do not want to disturb the continuity of investment in any way. But I think that an investor can continue to invest properly as long as he doesn't feel too much pressure on his investment. Whenever an investor feels investment pressure he will not be satisfied with his investment and will feel that he should sell this investment. So the investor will invest according to his ability and when he gets time to invest he will invest so that even if the investment is not continuous he can hold his investment for a long time.

[Roseline492]

The market SIKE. Hahaha.

It always has a way of making a fool out of people, especially plebs like me. BUT if you find a DIP and you have disposable income, obviously there's one way to spend it = Buy Bitcoin, and HODL. I believe, currently, we should reach for it deep beneath ourselves and find the conviction to keep HODLing. Don't allow the market SIKE affect your mental sanity. That leads to something that you might regret like those people from 2012 - 2015 who sold their coins.

You are right the market always have a way of making people or changing the mindset of most investors especially the ones that doesn't have much knowledge about Bitcoin, they will actually feel that the Bitcoin price will keep dipping and as such affecting there investment capital and from there the uncommitted ones will panicked and rushed into selling there investment, so actually like you said in a case like that people should always remember the reason why they choose to invest on Bitcoin for a long term because that will actually be there motivator and show them the reason why they need to hold and not allowing any negative price movement to affect there judgment on holding there investment.

[Barikui1]

I have an advice for those still in deep regret of selling of there Bitcoin in 2013 - 2015 and those who saw the opportunity to invest in Bitcoin years back and refused to invest I was there before and it affected me negatively.

Don't bring up the past, let the past become your own memories. In the future, just focus on bitcoin by accumulating using DCA. live a new chapter in your investment journey because as long as you have the intention to change your fate then you have a greater chance of achieving success in the future.

I also started last year by buying bitcoin every week with the intention of never selling it again and having the confidence to hold it until old age or for my retirement. If you have more money, keep buying aggressively and if you don't have money, don't take out a loan to buy bitcoin. Invest casually without having to force yourself to continue buying aggressively but just focus on DCA.

Yes, I totally agree to this, their is no need of feeling regret over a spilt milk,  it has already happened, now it's left for you to re-write your wrong so that you can have a better future, so making your past your Burden is really a wrong thing to do at this present day and time, when their are still countless opportunities out their in doing the right thing, by accumulating as much Bitcoin as possible, so as to be able to build a generational wealth on the longer run.

And talking about loan, it's really a wrong thing to do, because you are putting yourself understand unnecessary pressure that will warrant you to sell  off your holdings, even though it's not your will, so that you are not going to defaulting on your loan repayment, so it's very important that you invest with your own personal money, and not just that, a money you can be able to do without for a very long period of time.

[Justinapeter]

[edited out]

I believe this is why we’re here to raise concerning conversations and talk about ways to simplify investments and derive the best possible outcome, most new comers getting into crypto and buying Bitcoin come bearing the same thing in mind which is investing for a short period of time.

This only emphasizes the usefulness of this platform and threads like this aimed at educating investors on how to buy and hold which is the anthem of all crypto enthusiasts hoping to become mighty whales some day.

You sound mixed up Briankimp1.  Crypto and bitcoin are not the same... and you are mixing those words as if they were the same thing or something similar.  We are not even talking about shitcoins here... so Fuck shitcoins and dumbass ideas as if they were the same or similar to bitcoin.

[edited out]

I think it depends on the amount of quality information the individual is privileged to have, Which is why I was very careful to acknowledge the usefulness of threads such as this aimed at educating beginners.
Helping them to understand and make profitable decisions on the space, which is more or less the right path to follow on this unending journey of crypto currency’s.

Are you trying to sound smart, or what?  What is this amorphous crypto bullshit that you are referring to?  Do you believe crypto and bitcoin are the same?  If you are wanting to talk about bitcoin, then why not just say bitcoin?  Probably you don't really know what bitcoin is, so you think that you are communicating something more meaningful when you speak in vague terms.. which truly is not helping anyone, and probably shows your own lacking of understanding in regards to what bitcoin actually is.

[edited out]

I see where you’re going with this and you’re absolutely right, I was also referring to Bitcoin thanks for the notice I’ll be careful with my wordings next time to avoid any confusion of any sort.

Hopefully, you can figure out how to communicate better and not say retarded things while perhaps trying to sound smart.  Just because others (perhaps even smart people) talk about "crypto" and don't specify exactly what they mean by such dumbass vague term, that surely does not make it acceptable to do the same.  Now if you actually specify what you mean, then the problem is less egregious, even though in this thread, there seems less need to even mention various shitcoins unless maybe you are wanting to say something negative about them or some how some shitcoin relates to this topic.. but many of us here already know that any kind of potential positive talk about shitcoins tends to be a slippery slope that may not have any way to recover, so it is likely better to just avoid any kind of feeling of a need to talk about any shitcoins.

Obviously I can see you woke up this morning and chose violence, I believe you saw the apology I gave after making an honest mistake leaving my post a bit confusing.

Despite reading my apology you still chose to hurl several insulting words at me, I don’t blame you though Mr high and mighty stuck up human, You were someone I looked up to as so many others here but not anymore you can keep your degrading comments to yourself.
I rather listen to simple understanding people than online bullies like yourself.

I think a better way to learn faster is when one sees criticism as a way of correction and not a way of insult, though some persons may see it as insult, you might see those words as insult but I think is not, is just a way of letting you know the right thing to do, or the right way to follow on how you can be able to do well concerning your Bitcoin investment journey, you should have learn from it and then move on.

You are very correct when I started posting in this forum I was corrected by JayJuanGee he said a lot of things but I understand what he was saying and I went back reading his replays and through him I knew and understand everything about DCA method of accumulation and that is what I have been using and is working very well for me so imagine i was not open for correction I would have lost this knowledge I have right now so correction is not bad no matter how it came pick the correction because you will benefit from it a lot.

[Taskford]

[edited out]

I think it depends on the amount of quality information the individual is privileged to have, Which is why I was very careful to acknowledge the usefulness of threads such as this aimed at educating beginners.
Helping them to understand and make profitable decisions on the space, which is more or less the right path to follow on this unending journey of crypto currency’s.

Are you trying to sound smart, or what?  What is this amorphous crypto bullshit that you are referring to?  Do you believe crypto and bitcoin are the same?  If you are wanting to talk about bitcoin, then why not just say bitcoin?  Probably you don't really know what bitcoin is, so you think that you are communicating something more meaningful when you speak in vague terms.. which truly is not helping anyone, and probably shows your own lacking of understanding in regards to what bitcoin actually is.

I now see it clearly....
The word Currencies... sound absurd
It's  a world for Bitcoin only, bitcoin might be a cryptocurrency but the word cryptocurrencies is some kinda bullsh*t here we don't discuss alts... I know this has been addressed but just checking to know what's really going on.

That's why its important to know how we can address certain things about it so we could not create any misconceptions for generalizing bitcoin as the same since it might create bad impression to newbie that they can buy other alt since this is just the same with bitcoin.

For sure there's a lot of newbies who can read up this thread so its better to be straight on the point and call bitcoin as it is and separate it from altcoin. If he feel bad for being corrected then its normal but he should accept that nobody's perfect and we are bound to commit mistake so we make sure that we release more good statement next time and learn from corrections. I will feel glad if someone corrects me since it can help me do reality checking and also to improve more.

[Promocodeudo]

[edited out]

I believe this is why we’re here to raise concerning conversations and talk about ways to simplify investments and derive the best possible outcome, most new comers getting into crypto and buying Bitcoin come bearing the same thing in mind which is investing for a short period of time.

This only emphasizes the usefulness of this platform and threads like this aimed at educating investors on how to buy and hold which is the anthem of all crypto enthusiasts hoping to become mighty whales some day.

You sound mixed up Briankimp1.  Crypto and bitcoin are not the same... and you are mixing those words as if they were the same thing or something similar.  We are not even talking about shitcoins here... so Fuck shitcoins and dumbass ideas as if they were the same or similar to bitcoin.

[edited out]

I think it depends on the amount of quality information the individual is privileged to have, Which is why I was very careful to acknowledge the usefulness of threads such as this aimed at educating beginners.
Helping them to understand and make profitable decisions on the space, which is more or less the right path to follow on this unending journey of crypto currency’s.

Are you trying to sound smart, or what?  What is this amorphous crypto bullshit that you are referring to?  Do you believe crypto and bitcoin are the same?  If you are wanting to talk about bitcoin, then why not just say bitcoin?  Probably you don't really know what bitcoin is, so you think that you are communicating something more meaningful when you speak in vague terms.. which truly is not helping anyone, and probably shows your own lacking of understanding in regards to what bitcoin actually is.

[edited out]

I see where you’re going with this and you’re absolutely right, I was also referring to Bitcoin thanks for the notice I’ll be careful with my wordings next time to avoid any confusion of any sort.

Hopefully, you can figure out how to communicate better and not say retarded things while perhaps trying to sound smart.  Just because others (perhaps even smart people) talk about "crypto" and don't specify exactly what they mean by such dumbass vague term, that surely does not make it acceptable to do the same.  Now if you actually specify what you mean, then the problem is less egregious, even though in this thread, there seems less need to even mention various shitcoins unless maybe you are wanting to say something negative about them or some how some shitcoin relates to this topic.. but many of us here already know that any kind of potential positive talk about shitcoins tends to be a slippery slope that may not have any way to recover, so it is likely better to just avoid any kind of feeling of a need to talk about any shitcoins.

Obviously I can see you woke up this morning and chose violence, I believe you saw the apology I gave after making an honest mistake leaving my post a bit confusing.

Despite reading my apology you still chose to hurl several insulting words at me, I don’t blame you though Mr high and mighty stuck up human, You were someone I looked up to as so many others here but not anymore you can keep your degrading comments to yourself.
I rather listen to simple understanding people than online bullies like yourself.

I see no reason why you should be angry about what JayJuanGee said to you; you are not the first person JayJuanGee has corrected on this thread or other threads about using crypto when you refer to bitcoin. Even though you made a mistake and someone else corrected you, JayJuanGee will still air his view on the matter so that you will be properly guided to know what to say when you are in such a situation again. JayJuanGee has corrected me on several occasions, even when other users have done that, and it has helped me to become a better person on this forum and increased my knowledge about bitcoin.

I don't understand it when people don't see correction as a way of straightening someones mistake at such learning from it, I somuch remember when I was a newbie I was corrected in several occasion by our reputable and well respected memebers here but i refused not to pick offense, what I did was to work on myself to improve in those areas i was found wanting, although no one knows it all but once a mistake is been figure out, the person thats been pointed at should do the needful with immediate effect, personally I wouldnt compare myself with JayJuanGee because as far as Bitcoin is concerned JayJuanGee knows more than i do, it will be a great pleasure seeing him correcting me in things like this or mistakes that I didn't observe, the pro and counter arguments we have been making here in this thread is because of JayJuanGee versed contributions and explanation respectively, so whenever we are been corrected irrespective of the person that's involved, we should humble ourselves to do the needful.

[Wind_FURY]

Buying bitcoin with the money that was given to you on tour birthday is a wise decision but how will you hodli that bitcoin for long when you don't have a means of income.

Find a job. Or if you're a student over 18, a part-time job. But if you're a student below 18, wash your dad's car and give your mother a massage, then ask them for a higher allowance. Hahaha.

If you are faced with a big challenge, you will not hesitate to sell your bitcoin to solve the problem and become a no coiner. Even investors that have a regular means of income do sell their bitcoin if they don't have an emergency funds. No bitcoin investment will grow without a source of income and an emergency funds.

You have bought bitcoin and you cannot continue investing to grow your bitcoin portfolio, and it is just stagnant, you might not have any profit for a long time especially if bitcoin price is below your entry point overtime. The aim of investing is to grow your bitcoin investment to a particular size that will be able to give your some profits over time, and also keeping the value of your funds from depreciating. The first thing to do if you want to invest in bitcoin is to get a means of income , from there you can take from your discretionary income to buy bitcoin regularly using DCA weekly or monthly consistently without stopping for 4-10 years.

Emergency funds is very important, and you can use the left over from your discretionary income to build your emergency funds up to 3-6 months, after which you can also build your reserve funds. All these put together with discipline will make you not sell your bitcoin before time.

👍

If a person is single and has ZERO responsibilities, take that limited opportunity and keep buying Bitcoin - the DIP or DCA - and HODL, then keep adding more.

[Notalony]

You don't need to have a stable income before you start investing into bitcoin, you can start with what ever amount you have, waiting to stabilise before investing in Bitcoin is not the right thign to do cause you can start while you put yourself in a better position by looking for a stable source of income, let's assume a guy that receives 100$ as a birthday gift and wants to buy bitcoin, although it's it's a steady income he can decide to invest up to 50$ into bitcoin or less depending on his expenses and what matters most is taht he has already started and when he has another money he can buy again and by the time he is stable he might already have some money invested into bitcoin, besides it's a long term approach so he has time to fix himself as he accumulates bitcoin.

Having a stable source of income is crucial for consistent Bitcoin accumulation while also meeting personal needs. investing money you have at the moment without having a steble source of income can impact negatively and  hinder your Bitcoin investment growth. Bitcoin investment requires one to be engaged in something that  brings earnings or wages either weekly or monthly so that certain percentage can be allocated to your Bitcoin investment no matter how little it may be and also doing it consistently, whether weekly or monthly, to ensure steady growth in your investments. Consistency is key in building your Bitcoin portfolio while balancing your financial responsibilities. It's all about finding that balance and staying committed to your investment goals.

Investors are generally advised to build funds and then start investing to ensure consistency in their investments. It is applicable only to those investors who are very serious about their investment and who do not want to disturb the continuity of investment in any way. But I think that an investor can continue to invest properly as long as he doesn't feel too much pressure on his investment. Whenever an investor feels investment pressure he will not be satisfied with his investment and will feel that he should sell this investment. So the investor will invest according to his ability and when he gets time to invest he will invest so that even if the investment is not continuous he can hold his investment for a long time.

 You don't need huge amount before you start your Bitcoin investment, I think from what I have been reading through in this thread I have come to the conclusion that building up funds before starting your Bitcoin investment is old fashioned and a total waste of time, that is with the help of the DCA strategy one can start his investment journey with as little as you can comfortably either weekly or monthly, Bitcoin price can not be waiting for any one so instead of building up funds before investing the DCA strategy allows you to take position in the market without delay while you be figuring other things out as time goes on , since you will be investing from your disposable income that is readily available for investment irrespective of it's size most important thing is being consistent.

[ultrloa]

You don't need to have a stable income before you start investing into bitcoin, you can start with what ever amount you have, waiting to stabilise before investing in Bitcoin is not the right thign to do cause you can start while you put yourself in a better position by looking for a stable source of income, let's assume a guy that receives 100$ as a birthday gift and wants to buy bitcoin, although it's it's a steady income he can decide to invest up to 50$ into bitcoin or less depending on his expenses and what matters most is taht he has already started and when he has another money he can buy again and by the time he is stable he might already have some money invested into bitcoin, besides it's a long term approach so he has time to fix himself as he accumulates bitcoin.

Having a stable source of income is crucial for consistent Bitcoin accumulation while also meeting personal needs. investing money you have at the moment without having a steble source of income can impact negatively and  hinder your Bitcoin investment growth. Bitcoin investment requires one to be engaged in something that  brings earnings or wages either weekly or monthly so that certain percentage can be allocated to your Bitcoin investment no matter how little it may be and also doing it consistently, whether weekly or monthly, to ensure steady growth in your investments. Consistency is key in building your Bitcoin portfolio while balancing your financial responsibilities. It's all about finding that balance and staying committed to your investment goals.

Investors are generally advised to build funds and then start investing to ensure consistency in their investments. It is applicable only to those investors who are very serious about their investment and who do not want to disturb the continuity of investment in any way. But I think that an investor can continue to invest properly as long as he doesn't feel too much pressure on his investment. Whenever an investor feels investment pressure he will not be satisfied with his investment and will feel that he should sell this investment. So the investor will invest according to his ability and when he gets time to invest he will invest so that even if the investment is not continuous he can hold his investment for a long time.

 You don't need huge amount before you start your Bitcoin investment, I think from what I have been reading through in this thread I have come to the conclusion that building up funds before starting your Bitcoin investment is old fashioned and a total waste of time, that is with the help of the DCA strategy one can start his investment journey with as little as you can comfortably either weekly or monthly, Bitcoin price can not be waiting for any one so instead of building up funds before investing the DCA strategy allows you to take position in the market without delay while you be figuring other things out as time goes on , since you will be investing from your disposable income that is readily available for investment irrespective of it's size most important thing is being consistent.

Any amount will do and what's important there is you can able to start your long term investment journey then you are very fine with that. The next thing you consider is learn more about some things that can help on your investment and learn the most discussed strategy which is DCA which is really helpful methods for people to use. For sure over the time they would enjoy their accumulation especially if they join on a discussion like this thread where they can discuss all of things related to investment and strategies. Good to see that lots of people participating here since that means that holding bitcoins now is gaining some fame and new people are redirected to right investment direction. Building up funds will come a long the ways especially if the investors is serious and for sure he make or create some ways to generate new funds to maximize or strengthen up their investment on bitcoin.

[Ruttoshi]

You don't need to have a stable income before you start investing into bitcoin, you can start with what ever amount you have, waiting to stabilise before investing in Bitcoin is not the right thign to do cause you can start while you put yourself in a better position by looking for a stable source of income, let's assume a guy that receives 100$ as a birthday gift and wants to buy bitcoin, although it's it's a steady income he can decide to invest up to 50$ into bitcoin or less depending on his expenses and what matters most is taht he has already started and when he has another money he can buy again and by the time he is stable he might already have some money invested into bitcoin, besides it's a long term approach so he has time to fix himself as he accumulates bitcoin.

Having a stable source of income is crucial for consistent Bitcoin accumulation while also meeting personal needs. investing money you have at the moment without having a steble source of income can impact negatively and  hinder your Bitcoin investment growth. Bitcoin investment requires one to be engaged in something that  brings earnings or wages either weekly or monthly so that certain percentage can be allocated to your Bitcoin investment no matter how little it may be and also doing it consistently, whether weekly or monthly, to ensure steady growth in your investments. Consistency is key in building your Bitcoin portfolio while balancing your financial responsibilities. It's all about finding that balance and staying committed to your investment goals.

Investors are generally advised to build funds and then start investing to ensure consistency in their investments. It is applicable only to those investors who are very serious about their investment and who do not want to disturb the continuity of investment in any way. But I think that an investor can continue to invest properly as long as he doesn't feel too much pressure on his investment. Whenever an investor feels investment pressure he will not be satisfied with his investment and will feel that he should sell this investment. So the investor will invest according to his ability and when he gets time to invest he will invest so that even if the investment is not continuous he can hold his investment for a long time.

I don't think that it is right for any new investor that wants to start his bitcoin journey to build up funds before venturing into bitcoin investment and that will be a waste of time because you can get started immediately with the little funds that you have on you instead of saving and building it up in fiat before investing into bitcoin. Since that investor is a no coiner, he needs to start buying bitcoin using DCA strategy whereby he can buy bitcoin weekly or monthly with his discretionary income for 4-10 years and above.

That is better, because if he starts saving money to reach a big amount before buying, he will not be able to have a good bitcoin size in 10yrs time  compared to when he starts putting the money that he is saving in fiat into bitcoin. Imagine that you have a ten years bitcoin investment plan and you used one year to pile up $2600 which you have being saving $50 weekly, and he used that money to lump sum the next year. Imagine that if he didn't wait to pile up that money and he started right away, he has the advantage to buy bitcoin at different price level every week at $50 through DCA. In one year time he would have accumulated more that $2600 worth of bitcoin, because he bought right away and might even buy at a more cheaper price compared to the guy was was saving his money before buying.

The guy that saved his money might not be able to buy with all his $2600  because there might be some challenges that will come around that will make him use part of the money that he is saving to buy bitcoin. Another thing is that what if bitcoin price is very high during when he has gotten the bulk money, will he start waiting for the dip before buying, he will miss a lot of buying opportunities in the market within that one year that he was busy piling up fiat. Fiat depreciates, so it is better to start keeping the value of your money in bitcoin. I just used one 1 year for for my explaining, to give a fast understanding. Bitcoin investment should be on a long-term goal and start right away because time waits for no one, bitcoin price increases as time passes on and waits for nobody.

[Bravut]

You don't need to have a stable income before you start investing into bitcoin, you can start with what ever amount you have, waiting to stabilise before investing in Bitcoin is not the right thign to do cause you can start while you put yourself in a better position by looking for a stable source of income, let's assume a guy that receives 100$ as a birthday gift and wants to buy bitcoin, although it's it's a steady income he can decide to invest up to 50$ into bitcoin or less depending on his expenses and what matters most is taht he has already started and when he has another money he can buy again and by the time he is stable he might already have some money invested into bitcoin, besides it's a long term approach so he has time to fix himself as he accumulates bitcoin.

Having a stable source of income is crucial for consistent Bitcoin accumulation while also meeting personal needs. investing money you have at the moment without having a steble source of income can impact negatively and  hinder your Bitcoin investment growth. Bitcoin investment requires one to be engaged in something that  brings earnings or wages either weekly or monthly so that certain percentage can be allocated to your Bitcoin investment no matter how little it may be and also doing it consistently, whether weekly or monthly, to ensure steady growth in your investments. Consistency is key in building your Bitcoin portfolio while balancing your financial responsibilities. It's all about finding that balance and staying committed to your investment goals.

Investors are generally advised to build funds and then start investing to ensure consistency in their investments. It is applicable only to those investors who are very serious about their investment and who do not want to disturb the continuity of investment in any way. But I think that an investor can continue to invest properly as long as he doesn't feel too much pressure on his investment. Whenever an investor feels investment pressure he will not be satisfied with his investment and will feel that he should sell this investment. So the investor will invest according to his ability and when he gets time to invest he will invest so that even if the investment is not continuous he can hold his investment for a long time.

When it comes to investing, there is no specific time to start investing  but to start right away, that does not imply one invest in Bitcoin without planning or having a stable income or source of funds, the discretionary funds do not need to be a million or thousands of dollars, but what one can afford consistently without it interfering with daily needs or exhausting him. We must understand the fact that irregularities in Bitcoin Accumulation would not yield any good result, so every move must be a calculated one.

[Mayor of ogba]

You don't need to have a stable income before you start investing into bitcoin, you can start with what ever amount you have, waiting to stabilise before investing in Bitcoin is not the right thign to do cause you can start while you put yourself in a better position by looking for a stable source of income, let's assume a guy that receives 100$ as a birthday gift and wants to buy bitcoin, although it's it's a steady income he can decide to invest up to 50$ into bitcoin or less depending on his expenses and what matters most is taht he has already started and when he has another money he can buy again and by the time he is stable he might already have some money invested into bitcoin, besides it's a long term approach so he has time to fix himself as he accumulates bitcoin.

Having a stable source of income is crucial for consistent Bitcoin accumulation while also meeting personal needs. investing money you have at the moment without having a steble source of income can impact negatively and  hinder your Bitcoin investment growth. Bitcoin investment requires one to be engaged in something that  brings earnings or wages either weekly or monthly so that certain percentage can be allocated to your Bitcoin investment no matter how little it may be and also doing it consistently, whether weekly or monthly, to ensure steady growth in your investments. Consistency is key in building your Bitcoin portfolio while balancing your financial responsibilities. It's all about finding that balance and staying committed to your investment goals.

Investors are generally advised to build funds and then start investing to ensure consistency in their investments. It is applicable only to those investors who are very serious about their investment and who do not want to disturb the continuity of investment in any way. But I think that an investor can continue to invest properly as long as he doesn't feel too much pressure on his investment. Whenever an investor feels investment pressure he will not be satisfied with his investment and will feel that he should sell this investment. So the investor will invest according to his ability and when he gets time to invest he will invest so that even if the investment is not continuous he can hold his investment for a long time.

I see the idea of building up funds first before accumulating bitcoin as a plan that will delay our bitcoin accumulation journey. Instead of trying to build up funds before accumulating bitcoin, you can use the DCA strategy to accumulate bitcoin either weekly or monthly, whenever your money is readily available. There's no pressure to invest in bitcoin; no one is forcing you to do so. The only thing that can make you sell your bitcoin when it's not time for you to sell it is when you use your whole money to invest in bitcoin. You will depend on your bitcoin investment to survive because you used all your money to invest in bitcoin.

[promise444c5]

When it comes to investing, there is no specific time to start investing  but to start right away, that does not imply one invest in Bitcoin without planning or having a stable income or source of funds, the discretionary funds do not need to be a million or thousands of dollars, but what one can afford consistently without it interfering with daily needs or exhausting him. We must understand the fact that irregularities in Bitcoin Accumulation would not yield any good result, so every move must be a calculated one.

You're right with the no specific time to start one's investment, setting a time to me just some kinda excuse which bitcoin can't even buy   ...  as a no human factor
However, having  a stable income might not really matter,  don't get me wrong it's good to have a stable income but if you have none and you wish to invest, adjusting  to how you earn can be done till you  find a stable sorce and with that adjustment can still be done from time to time...
I don't know your classification of irregularities but I can only think of one irregularity, withdrawing investment totally to restart (maybe for emergency) this my really serve as a major setback in investment and the main reason why there's is a need for emergency fund....