Buy the DIP, and HODL!

[Zackz5000]

what matters is a steady source that we can be using to do our DCA without any break,

Having a steady source of income doesn't guarantee for Bitcoin investment you might have a source of income without having a discretionary income this can be possible so what is needed to start accumulating Bitcoin is your discretionary income and not your steady source of income. You can invest anytime you have your discretionary income using the DCA strategy every weeks or months.

[kanftka]

Income source is important for Bitcoin investment but more important is discretionary income. You have a reliable source of income but if you don't have discretionary income at the end of the week then that source of income can be worthless. Many folk don't have a stable source of income they have an unstable source of income but have some discretionary income at the end of the week and can accumulate Bitcoin from it and I think it's more potential. Over time they have the intention to increase their Bitcoin accumulation and in the future when a stable source of income is created they can more Bitcoin. It is true that it is not important for us to start big but it is important to start with discretionary income initially. Long term Bitcoin thinking teaches us discipline and patience that is more important in increasing holdings and even which is a much better way than risky trading ideas.

Man how would you say discretionary income is more important than reliable income source? Like, what actually gives birth to discretionary income in the first place? is it not the income source? If you don’t have a stable way money is coming in, how would you now have anything left to invest? That source is still the foundation at the end of the day.

And again, I get what you are trying to say about people with unstable income still managing to invest a bit from what is left, but honestly that's not sustainable. It is not even advisable in most cases. Someone with no steady income should focus first on sorting that out, get a job or a side hustle that can at least cover basic needs consistently before talking about discretionary anything. Otherwise it is easy to end up stuck or even worse, frustrated.

[yixichloro2xx]

Exactly, that  pressure to catch the train often leads people into bad decisions like overextending or misusing funds meant for something else. The beauty of Bitcoin's long term parabolic nature is that you don’t need to rush. Just stick to your own pace, DCA with what you can afford, and let time do the work. No FOMO, just patience.

A person should never think that he is too late to invest. Keep one thing in mind, if you know about Bitcoin today, you are much ahead of many people who are not aware of what Bitcoin is. So first you need to start investing and at the same time you need to reduce your extra expenses. So that you can invest more money. Always try to keep yourself stress-free so that you do not get too scared if you see a decline in the market. Hold your holdings for the long term, you can benefit in the future.

A decline in the bitcoin market is not a sign to freak you out, but a very good sign to add more bitcoin to your holdings because only with that can you be able to take advantage of every situation you find yourself after your investment in bitcoin has began. Bitcoin is not a quick rich scheme, so having that same approach in your mind will make you panic anytime there is a fluctuation in the market that makes it go in a downtrend direction.

Cutting down your expenses when you’ve made up your mind to begin your investment in bitcoin is also necessary, it gives you a reason to want to save and not spend lavishly because you have a purpose and a target which you’ll work towards achieving. Investing in bitcoin comes with some sacrifices that when you’re able to bear it, you’ll achieve the best investment ever.

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‎Totally agree with your take, that is Bitcoin doesn’t wait , ,sounds catchy, but it can easily push people into FOMO mode and bad decisions. Truth is, Bitcoin will always give second chances, just not always in the form people expect. If you are  playing the long game, it's not about jumping in fast, it's about staying in smart.
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‎The best mindset is quiet, steady accumulation without stressing over price noise. Whether you are a no coiner or a low coiner, focus more on building your stack and less on timing the perfect buy..... Corrections are part of the journey and the goal is to be here long enough to see how powerful time plus conviction can be.
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‎That kind of growth can be exciting, almost surreal turning $3k into $210k is life changing, and naturally you will  want to share it with those closest to you. But in reality, sharing those numbers can open the door to a lot of unexpected outcomes, jealousy, pressure, unrealistic expectations, or even security risks.
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‎I am mentioning something that could happen, if a guy had $3k worth of bitcoin in mid-2015 when BTC prices were $250, which would subsequently play out like this for 12 BTC.
‎December 2017 - BTC price $19,666    - 12 BTC value = $235,992
‎December 2018 - BTC price $3,800    - 12 BTC value = $45,600
‎February 2020 - BTC price $9,500    - 12 BTC value = $114k
‎March 2020 - BTC price $3,800    - 12 BTC value = $45,600
‎April 2021 - BTC price $63k    - 12 BTC value = $756k
‎July 2021 - BTC price $31.5k    - 12 BTC value = $378k
‎April 2021 - BTC price $69k    - 12 BTC value = $828k
‎November 2022 - BTC price $15,479    - 12 BTC value = $185,748
‎July 14, 2025 - BTC price $123,236    - 12 BTC value = $1,478,832
‎Lots of fluctuation for the 12 BTC over the past 10 years even though starting out with a $3k value and now having close to $1.5 million spot price, and even $602.3k for the 200-WMA, which I would suggest that 12 BTC has a current sustainable withdrawal rate of $60k per year.
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‎This really puts into perspective how much long term conviction pays off in Bitcoin. Turning $3k into 12 BTC back in 2015 might have seemed like a gamble to many at the time, but looking at how that value has evolved through multiple market cycles shows the strength of patience and belief in the asset. What’s more interesting is that despite wild volatility, the trajectory remains up over time. The idea of 12 BTC sustaining a $60k/year withdrawal rate today just shows how wealth preservation and growth is possible with Bitcoin if managed right. A powerful reminder why HODLing through chaos still makes sense.
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‎I personally prefer a buy and keep on buying approach rather than buying a set amount and then just sitting on it,
‎even though the example shows the power of just one portion of the buying of 12 BTC to have several ups and downs at various points along the way, and yeah, at this time to reach a power of having a $60k per year withdrawal rate, and if the 12 BTC continues to sit, the withdrawal rate is quite likely to double (or more) within the next 4 years.  On the other hand, if the 12 BTC is started to be withdrawn from then it will depend on how fast it is drawn down upon to figure out if the total value of the BTC will go up or down in light of the withdrawal rate.. yet a withdrawal rate that starts out at $60k per year right now, is quite likely going to be able to sustain such $60k per year withdrawal rate perpetually into the future, including accounting for a 7% per year debasement of the dollar. So this year is $60k, and next year would be $64.2k and year 3 would be $68.7 and year four would be $73.5k etc etc etc.
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‎That is a nice breakdown and a perfect example of why consistent buying and positioning for long term optionality really pays off. The idea of having 12 BTC working for you and not just sitting idly, but yielding the power to support a $60k/year withdrawal and still likely grow, this shows how Bitcoin flips the script on traditional retirement planning.
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‎I especially like your emphasis on not stopping at a set buy and instead continuing the accumulation journey. It gives room for someone to not only reach a sustainable withdrawal rate but also buffer against volatility and inflation. And with the dollar’s debasement baked into the picture, that 7% yearly increase you mapped out adds a realistic layer many tend to ignore.
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‎Most people underestimate what a solid stack like 12 BTC can do when paired with time and patience but this kind of compounding utility across cycles is where Bitcoin really shines, thanks for laying it out so clearly, at least a lot of us can learn from this your approach.....
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‎A lot of people learned the hard way that security should grow with your stack. What felt secure enough at $250 per BTC didn’t hold up when BTC hit $19k or more. And yeah, while 2021 didn’t feel as crazy as 2017 or 2013, the gains were still life changing for many. These cycles really do teach us,  not just about holding, but also about how to stay prepared when success shows up faster than expected.......
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‎Even with myself.  I had been through the downside of the 2013 cycle and both the upside and downside of the 2017 cycle, but even in 2019-2021 when the BTC price went up from $4,200 in April 2019 to $64k in April 2021 and then it dropped to $30k in summer 2021 and returned to $69k in November 2021, there can be some periods of surprise to have some wallets go up somewhere in the ballpark of 16x from the bottom to the top.
‎Even some folks in this particular cycle might have had some coins that they bought or held in November/December 2022 that were in the $16k to $20k prices, and even now when we had BTC prices go up to $120k, so then those coins had gone up 6x to 7x, which is also nothing to sneeze at, and there are folks who never had experienced 2x or 3x in value appreciating through their lives and then they are able to personally experience 6x/7x price appreciation in the past 2.5 years.. and if a guy is still accumulating he might not know what to do. If a  guy had done most of his accumulation prior to October 2023, he might just feel so amazed to be on the journey, if we might consider the possibility that some guys had gotten enough BTC, yet there are way more guys who are still needing to accumulate and not to get thrown off by past bitcoin price performance in regards to their need to keep accumulating bitcoin no matter the price so that maybe they will be in a better place 4-10 years or more down the road.
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‎One of the key takeaways from your experience is how different each cycle feels,  even if the patterns rhyme, the emotions, surprises, and outcomes can still catch people off guard, whether they are new or seasoned.
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‎Seeing 6x–7x gains in just a couple of years is lifechanging, especially for people whohave  never experienced anything close to that before. But like you rightly pointed out, those who are still accumulating should not   let past performance paralyze them. Every cycle brings new chances, and what is more important than price is positioning and mindset.
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‎Those who accumulated before October 2023 are probably feeling validated now  but it doesn't mean the window is closed. Bitcoin is long term, and the real magic tends to show up years down the line, not just one or two. Accumulating consistently, staying humble, and keeping your strategy in place is how you position yourself to benefit from whatever future upside may come,   whether it is  4 years or 10 years down the road...
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‎Anyone who is a no coiner or a low coiner has to get started buying bitcoin in order to be prepared for up.. Otherwise they are not prepared for up.
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‎And yeah, it could take 4-10 years or longer for someone to stack enough bitcoin to start to feel comfortable that he has enough or more than enough.  
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‎Even though measurements can be made along the path, sometimes the first several years can feel that progress is being made slowly, even though there are some folks who are able to front load their investment into bitcoin in their beginning years of investing into it.
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‎Many underestimate how critical just getting started is whether you are a no coiner or still working your way up the ladder, the worst position to be in during a parabolic run is to be unprepared. Bitcoin doesn't wait, and those who delay stacking often find themselves chasing green candles instead of calmly riding the wave.
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‎And yes, the early years can feel slow and even discouraging at times, especially if you are using DCA modestly. But the compounding effect of consistent stacking paired with Bitcoin's asymmetric upside can be incredible over a 4-10 year horizon. Frontloading is great if one can afford it, but for most, the key is simply staying the course and continuing to accumulate. Time and conviction do the rest.
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‎Putting buying systems in place might also help to establish additional buying opportunities down the road.  There may be folks who have mediocre pay and mediocre cashflow management practices, yet getting started in bitcoin can help them to improve their mediocre practices
‎cashflows and even better identify times in which they receive some extra money and then since they have a bitcoin buying system in place they are already prepared to buy more bitcoin when that extra money comes to them.
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‎Another thing, as you mentioned, they likely will find themselves  in a better place not to panic or FOMO based on subsequent BTC price moves, since they already have a system for continued buying in place in case the BTC price goes down, and if the BTC price goes up, they realize that they had already been stacking as much BTC as they can, so they are benefiting from the BTC price going up, even though their future purchases are going to cost them more (or at least they won't get as many satoshis for each quantity of dollars/fiat that they put in).
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‎Building that kind of automatic system isn’t just about efficiency, it is  about mindset. Once the habit is set, even someone with limited income or inconsistent cashflow starts to operate with more intention. It is  almost like DCA trains financial discipline by default.
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‎And I agree, having that structure in place removes emotional volatility. You are not scrambling to buy the dip or chasing green candles. You are already doing the work, so whether price dips or pumps, you are mentally and financially positioned. It is powerful, but often overlooked, this kind of behavioral shift can end up being more valuable than timing a few good trades. Systems make the investor anti fragile in the face of noise...
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[Sammye3]

[

We can choose bitcoin and/or we can choose other places to put our time, energy and money (that is discretionary income).

If we have a lot of confidence in bitcoin, we might invest aggressively, and if we don't have much confidence, then we will choose to invest less aggressively (perhaps even whimpily).  Surely some folks choose not to invest into bitcoin at all, which seems a pretty big mistake, even though around 99% of the world's population are no coiners or maybe low coiners or maybe precoiners.

We can also choose to have other investments, and folks might come to bitcoin while already having other investments, so there situation might be a bit different from someone who is both brand new to bitcoin and brand new to investing.  We choose our position size and our approach and maybe we reassess at various times along the way, and then 4-10 years or longer, we may well reassess again and figure out if we need to change any of our strategies... if we might advance from accumulation stage in to maintenance stage and then perhaps later into sustainable withdrawal.
[/quote]
Bitcoin has always being a good investment for the long term. Most people who invest in Bitcoin expecting immediate returns which can bring about disappointment and withdrawal after several draw backs. The focus more on accumulation should be considered over the perfect time to buy  as it's a long term investment.

Even if you have low earnings, that shouldn't be a limiting factor to invest as you could stack up but by bit and over time you would be surprised  how much you have realized without checking CMP. Also, trying to reduce unnecessary expenses can as well help you save for investments purposes and this is for those with low income earnings. There is definitely no excuses.

[Sonia_123]

Income source is important for Bitcoin investment but more important is discretionary income. You have a reliable source of income but if you don't have discretionary income at the end of the week then that source of income can be worthless. Many folk don't have a stable source of income they have an unstable source of income but have some discretionary income at the end of the week and can accumulate Bitcoin from it and I think it's more potential. Over time they have the intention to increase their Bitcoin accumulation and in the future when a stable source of income is created they can more Bitcoin. It is true that it is not important for us to start big but it is important to start with discretionary income initially. Long term Bitcoin thinking teaches us discipline and patience that is more important in increasing holdings and even which is a much better way than risky trading ideas.

Man how would you say discretionary income is more important than reliable income source? Like, what actually gives birth to discretionary income in the first place? is it not the income source? If you don’t have a stable way money is coming in, how would you now have anything left to invest? That source is still the foundation at the end of the day.

And again, I get what you are trying to say about people with unstable income still managing to invest a bit from what is left, but honestly that's not sustainable. It is not even advisable in most cases. Someone with no steady income should focus first on sorting that out, get a job or a side hustle that can at least cover basic needs consistently before talking about discretionary anything. Otherwise it is easy to end up stuck or even worse, frustrated.

It is not mandatory to have a steady income or a job before having a discretionary income to invest in Bitcoin, for example, a student in college that does not have a job or side hustle, that is focused in his/her academic, he gets his weekly or monthly stipends from his parents or friends and well wishers for a well serious and focused student that is not willing to rely on the parents after he must have graduate, while in school from his stipends can decide to start investing right from the day he entered school or along his academic journey of 4-5 years would have invested reasonable amount of his stipends that has served as his discretionary income using the DCA strategy to accumulate regularly and at his final level or when already graduated must have accumulated reasonable amount of satsh in his portfolio, instead of lavishing those extra money on unnecessary expenses or buying double the items he had already.
At his graduation, he would have gotten reasonable amount of fund to startup his life without depending on his parent for survival again.

There are also some persons that does not have a steady income or even job yet are being paid stipends for their upkeep from their rich family and don't see any need of getting a job, such money can be used from the there to start investing in Bitcoin.
Are you now saying that persons like this can't invest in Bitcoin.

[JayJuanGee]

Even with myself.  I had been through the downside of the 2013 cycle and both the upside and downside of the 2017 cycle, but even in 2019-2021 when the BTC price went up from $4,200 in April 2019 to $64k in April 2021 and then it dropped to $30k in summer 2021 and returned to $69k in November 2021, there can be some periods of surprise to have some wallets go up somewhere in the ballpark of 16x from the bottom to the top.

Even some folks in this particular cycle might have had some coins that they bought or held in November/December 2022 that were in the $16k to $20k prices, and even now when we had BTC prices go up to $120k, so then those coins had gone up 6x to 7x, which is also nothing to sneeze at, and there are folks who never had experienced 2x or 3x in value appreciating through their lives and then they are able to personally experience 6x/7x price appreciation in the past 2.5 years.. and if a guy is still accumulating he might not know what to do. If a  guy had done most of his accumulation prior to October 2023, he might just feel so amazed to be on the journey, if we might consider the possibility that some guys had gotten enough BTC, yet there are way more guys who are still needing to accumulate and not to get thrown off by past bitcoin price performance in regards to their need to keep accumulating bitcoin no matter the price so that maybe they will be in a better place 4-10 years or more down the road.

What the newer folks need to know is that even if they have experience the bull run in one or two cycles, it cant affect your portfolio value in terms of numbers or fraction in the portfolio but it shakes your foundation. Let me explain more further. Like the example you gave, someone who is up 6x or 7x since 2022 may think they are there yet but when they rethink of what the value in fiat is, and the purchasing power their thinking shifts. That's basically the period where most folks start justifying their actions, gradually deviating from their initial plan by either pausing their accumulation completely or reduce the way they accumulate believing they have bought enough.

Again that is exactly what place the older folks at an advantage over the newer folks. Its not because we/they are smarter, but because they have already lived through many experiences especially in the early stage. Either selling too soon or timing the market when we should have actually buy. So yeah, it's not by looking at charts, pressing the calculator on how much we wish to buy. But its about staying focused long enough to keep DCAeing even after our portfolio has made 6x or 7x as the case may be. No matter the cause, let's at least keep buying high/low and holding long enough to make more ATH.

Sure.  There likely are folks that get too caught up upon short term changes, and surely if the guy had done most of his accumulation prior to 2021, then he likely would be in a better position than the guy who just got started in 2022.. and even the guy in 2022 might not have had the courage to lump sum buy at various points in 2022, so then many of us likely realize that even if we have lump sum amounts available it takes time to build up a bitcoin position, even though surely we can take a snapshot of our bitcoin holdings in November/December 2022 and we can take snapshot of those same holdings today and see that their dollar value is 6x to 7x higher than in was in late 2022.

Guys cannot go back in time, either, and they have to figure out if they had already been accumulating bitcoin aggressively for 1, 2 or 3 years, then they are likely in a better place than a guy who is just starting to accumulate BTC right now, yet the guy just starting to accumulate bitcoin right now, has to focus on his accumulation right now since he is likely going to be much better off than his peers (those of similar economic levels) 4-10 years or longer down the road... and yeah, some guys who have been accumulating BTC more than 3 years might start to wrongly conclude that they have enough bitcoin or more than enough, and they may well not even be close enough to having enough.. especially if they have an income of $30k and they have invested way less than $30k into bitcoin over the past 3 years or so. 

I frequently proclaim that even a guy who invests around 25% of his income into bitcoin, it still is going to take him 4 years to invest a whole year of his income into bitcoin, and not too many folks are able to focus themselves sufficiently to consistently and persistently buy bitcoin with 25% of their income over 4 years or longer... so yeah, maybe after a person has invested 4 years into bitcoin and 25% of their income each year and a full year's income into bitcoin over 4 years, then maybe he might be in a position to slow down in his accumulation of bitcoin after 4 years, yet he probably would not be in a position to start selling any, yet... even if he may well be tempted to engage in such selling, it may well be for his own good to accumulate another whole cycle, and whether he accumulates at the same rate or maybe he slows down his accumulation rate, but at least maybe after two cycles, he might be getting closer to a position that he might be able to start to engage in sustainable withdrawal of either price based and/or time based. perhaps? perhaps?

Like you mentioned, guys make their choices, and they are not always correct in their assessment of what to do.  Sometimes they make the mistake of ending up selling too much of their BTC too soon or they end up making the mistake of slowing down in their BTC accumulation too soon.

Even with myself.  I had been through the downside of the 2013 cycle and both the upside and downside of the 2017 cycle, but even in 2019-2021 when the BTC price went up from $4,200 in April 2019 to $64k in April 2021 and then it dropped to $30k in summer 2021 and returned to $69k in November 2021, there can be some periods of surprise to have some wallets go up somewhere in the ballpark of 16x from the bottom to the top.

Even some folks in this particular cycle might have had some coins that they bought or held in November/December 2022 that were in the $16k to $20k prices, and even now when we had BTC prices go up to $120k, so then those coins had gone up 6x to 7x, which is also nothing to sneeze at, and there are folks who never had experienced 2x or 3x in value appreciating through their lives and then they are able to personally experience 6x/7x price appreciation in the past 2.5 years.. and if a guy is still accumulating he might not know what to do. If a  guy had done most of his accumulation prior to October 2023, he might just feel so amazed to be on the journey, if we might consider the possibility that some guys had gotten enough BTC, yet there are way more guys who are still needing to accumulate and not to get thrown off by past bitcoin price performance in regards to their need to keep accumulating bitcoin no matter the price so that maybe they will be in a better place 4-10 years or more down the road.

What the newer folks need to know is that even if they have experience the bull run in one or two cycles, it cant affect your portfolio value in terms of numbers or fraction in the portfolio but it shakes your foundation. Let me explain more further. Like the example you gave, someone who is up 6x or 7x since 2022 may think they are there yet but when they rethink of what the value in fiat is, and the purchasing power their thinking shifts. That's basically the period where most folks start justifying their actions, gradually deviating from their initial plan by either pausing their accumulation completely or reduce the way they accumulate believing they have bought enough.

Again that is exactly what place the older folks at an advantage over the newer folks. Its not because we/they are smarter, but because they have already lived through many experiences especially in the early stage. Either selling too soon or timing the market when we should have actually buy. So yeah, it's not by looking at charts, pressing the calculator on how much we wish to buy. But its about staying focused long enough to keep DCAeing even after our portfolio has made 6x or 7x as the case may be. No matter the cause, let's at least keep buying high/low and holding long enough to make more ATH.

It’s wild to think about how some people have seen their BTC holdings multiply 6x, 7x, or even more, especially when compared to others who’ve never even experienced a 2x or 3x gain in their lifetime.

Historically, Bitcoin has tended to be amazing in the realm of returns, especially for folk who errored on the side of ongoing accumulation and not selling their bitcoin... So even the person who experienced 6x to 7x gains since November 2022, he would have had ONLY experienced such gains on the coins that he was holding at that time in late 2022, and it seems to me sometimes difficult for someone to persistently have had been buying bitcoin through 2020, 2021 and 2022, and some of the coins the guy would have had bought would have had been bought at higher prices in 2021, yet if he had started sufficiently early in 2020, he might have had bought some coins in 2020 that were in the sub $10k territory that might average out and offset several of the coins that he bought in 2021 that might have had been in the $30ks, $40ks, $50ks and even $60ks..., but if the guy had been accumulating $100 of bitcoin per week  for 4 years from January 2020 until January 2024, then he might have had invested right around $21k and accumulated a whole bitcoin.  Surely not a bad place to be. 

Yet, sure, some coins cost more and some coins cost less, and his persistence then got him  to a decent place, and surely 1 BTC might not be enough for a guy like that, and he maybe well have had been better off to keep accumulating bitcoin.  So maybe if in 2024 he increased his weekly DCA to $200 per week, then from January 2024 until April 2025, he would have had invested another $13.4 k and accumulated another 0.2 BTC.

So then his current costs would be about $34.4k with a total of 1.2 BTC... not a bad place to be, but still maybe not enough BTC for someone who might have a $30k or more income that he might be looking to replace with bitcoin passive income in the future.  Right now with his 1.2 BTC, he probably ONLY has eniugh BTC to sustain about a $6k per year income, so he might need to keep stacking for another cycle and he might get close to having 1.2 BTC or whatever additional amount that he is able to stack to be enough to support a $30k to $50k-ish per year income.  I think such a guy is on the right path if his goals are to achieve a $30k to $50k passive income, and he mayight be able to achieve such within another cycle-ish.. maybe 5-6 years from now would be more realistic if he keeps investing into bitcoin at around $200 per week..

I think if he chooses to not invest anymore into bitcoin and just stays with 1.2 BTC, then it might take close to two whole cycles before that 1.2 BTC would be able to support passive income of $30k to $50k-ish per year.

But what really hits home is the reminder that this journey isn’t just about quick wins it’s about the long game. Whether you’re just starting to accumulate or have been holding for years, staying steady and focused on the future can make all the difference. Bitcoin’s price may fluctuate, but patience and consistency could set us up for something greater down the road.

Bitcoin seems to be a great opportunity for those willing to take it and to figure out a way to invest as aggressively as they are able to without overdoing it...  Yet it is also not guaranteed to be successful since there is both execution risk and also risk of the asset itself.

[Silikiem]

Bitcoin seems to be a great opportunity for those willing to take it and to figure out a way to invest as aggressively as they are able to without overdoing it...  Yet it is also not guaranteed to be successful since there is both execution risk and also risk of the asset itself.

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So true, with proven facts and real evidence, bitcoin ever since it’s inception has been a very Valuable asset for investors who took the opportunity to invest in it, and not just investing in it aggressively or in any other form suitable for the individual, but being consistent, persistent, patience and hold for the long term goal. A lot have been said about the value of bitcoin and for sure it remains one of the valuable asset In the world, but also remember that bitcoin is not a get rich quick kind of investment where you think you can just jump in now and start making profit instantly. Yes for sure there’s a possibility of making profit within the short term of your investment, but such profit is just a small profit which you may end up regretting in the future because you think you’re making profit by selling or trading your holdings too early, but indirectly you are at a loss and stand the risk of even losing your capital at the later end of it.
So, the reality is that everyone who wishes to become successful in bitcoin even though it has proven to provide great opportunities to individuals who are willing to take it, you must do it with the right mindset and approach, bitcoin is a long term investment and at such to enjoy its success you must invest with the long term goal of accumulating and hodl consistently without panicking to sell for short time gains or whenever you noticed a little downturn in the market. It is also true that nothing is certain since there’s no execution of risk and also the asset risk, but surely, with the right mindset of investing in bitcoin, accumulating consistently and hold for the long term (patience) using a very solid method of accumulating (DCA) the risk involved will be reduced and also the market volatility will be mitigated, and with the long term goal of consistent accumulation and hold, it will surely pay off.

[Wind_FURY]

If any pleb is selling his/her Bitcoin right now because "it's a good price", then let me tell you something. You're merely letting those billionaires win against you because you're giving away the only financial advantage you have against them - Your precious Bitcoin.

We have already front-ran them. Don't give them the opportunity to front-run YOU by selling now. Sell later, sell when it's in a seven figure price valuation, sell when Bitcoin has surged above Gold's total market value.

    

‎This is exactly the mindset needed right now. Too many retail investors are giving away their edge just because the price looks good. Meanwhile, institutions are stacking quietly, planning years ahead while some folks are still thinking in weeks.
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‎The fact that only 492,750 BTC is left to be mined in the next 3 years should be enough to wake people up. The supply squeeze is real, and once these entities lock up their bags, liquidity will vanish fast.
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‎Retail needs to stop being exit liquidity for billionaires. Accumulate with conviction, stay patient, and understand the game you are playing. We front-ran them once don’t hand it back on a silver platter.
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Our fellow plebs sell at current valuations because they're afraid to HODL througn the drawdowns of the bear market cycle. BUT with Bitcoin, it's OK because if you zoom out to the maximum, you as a HODLer will always outperform more than 90% of plebs who are trying to "trade".

HODL good assets such as Bitcoin, but avoid buying the DIPs of bad assets like shitcoins, and YOU will survive.

Well said, most plebs get shaken out because they can’t stomach the volatility so they sell low, buy high, and repeat. But zooming out shows the truth, patient HODLers of solid assets like Bitcoin consistently outperform short term traders chasing hype......The key is knowing what you hold, why you hold it, and having the conviction to ride out the cycles. Stay focused, avoid distractions, and DCA with clarity not emotion.

It's probably not only about the volatility. It's also because they're not educated well enough about the basics/fundamentals of Bitcoin. It's laughable to see some plebs sell their Bitcoin to "invest" or "trade" a shitcoin. If they have an edge against the market, OK. But most probably they DON'T, then it's better to HODL only Bitcoin because nothing has outperformed it plus we know it's going to exist longer than ALL of those shitcoins.

The problem is not just volatility, it's fundamental ignorance. Many still don’t understand why Bitcoin stands apart. Watching people sell Bitcoin to gamble on some vaporware altcoin is painful. Unless you have a proven edge in the market which most people don’t, you're just setting yourself up to lose sats. Bitcoin is the apex asset undisputed track record, unmatched decentralization, and the only one with true long term credibility. Everything else? Noise that will likely vanish. Holdling Bitcoin isn't just safer it's smarter.

If they want to gamble on shitcoins, then they should do it when they have ENOUGH capital held in Bitcoin. If you ask me, "how much is ENOUGH"? I would say about a minimum of six figures in U.S. Dollars - $100,000. It might be too small for some people in BitcoinTalk, but I'm a pleb. That amount of money is large enough as a capital base if you ask me.

Plus how much to gamble in shitcoins, probably a maximum of 10%, no more than that - but that's already high risk. You can lower that to 5% and under.

[Jostern]

The best time to start accumulating Bitcoin shouldn't just be anytime as you have mentioned meanwhile the best time to accumulate Bitcoin is when you have your discretionary income available anytime doesn't sounds good to me anytime can be no time or anytime can be next 2 years or more if you can figure out what is your discretionary income you can start accumulate as little as you can or as much as you can gradually using the DCA strategy weekly or monthly consistently and persistently and hodl for long time.

You can also say when you have they little you can afford to invest with steadily without any pressure until your income level up, the truth is that source of income matters in Bitcoin investment but we must not start big atleast what matters is a steady source that we can be using to do our DCA without any break, to me in have learnt many things being part of this investment, is have learnt to be conservative, we talking about the future not the immediate stuffs and for us to grow financial in the future we have to be very futuristic financial and that has to do with discipline although I might have deviated but that's what came to my mind, mate you got all right.

For someone that is a low coiner and I want to accumulate a large amount of bitcoin, like wanting to stack enough bitcoin for my future investments plans of long term holding, All what I will do is to make sure that I have a discretionary income that will enable me to keep investing and accumulating on weekly basis or monthly basis depending on the structure of my discretionary income, there are people who are paid on a weekly basis, and there are also people who are paid on a monthly basis, and there are also people who are paid on daily basis, this are people who falls into the category of being self employed, in a nutshell what I’m trying to say is that we should try to figure out a best possible way in our financial position to be able to keep accumulating on a regular basis, You don’t require a stable source of income to invest in Bitcoin, all what you need is a discretionary income, which you can start as little as you can afford. I learnt how to manage my finances so I can possibly have more discretionary income and attack the Bitcoin system with some aggressiveness and enthusiasm.

[JayJuanGee]

If any pleb is selling his/her Bitcoin right now because "it's a good price", then let me tell you something. You're merely letting those billionaires win against you because you're giving away the only financial advantage you have against them - Your precious Bitcoin.

We have already front-ran them. Don't give them the opportunity to front-run YOU by selling now. Sell later, sell when it's in a seven figure price valuation, sell when Bitcoin has surged above Gold's total market value.

‎This is exactly the mindset needed right now. Too many retail investors are giving away their edge just because the price looks good. Meanwhile, institutions are stacking quietly, planning years ahead while some folks are still thinking in weeks.
‎
‎The fact that only 492,750 BTC is left to be mined in the next 3 years should be enough to wake people up. The supply squeeze is real, and once these entities lock up their bags, liquidity will vanish fast.
‎
‎Retail needs to stop being exit liquidity for billionaires. Accumulate with conviction, stay patient, and understand the game you are playing. We front-ran them once don’t hand it back on a silver platter.

Our fellow plebs sell at current valuations because they're afraid to HODL througn the drawdowns of the bear market cycle. BUT with Bitcoin, it's OK because if you zoom out to the maximum, you as a HODLer will always outperform more than 90% of plebs who are trying to "trade".

HODL good assets such as Bitcoin, but avoid buying the DIPs of bad assets like shitcoins, and YOU will survive.

Well said, most plebs get shaken out because they can’t stomach the volatility so they sell low, buy high, and repeat. But zooming out shows the truth, patient HODLers of solid assets like Bitcoin consistently outperform short term traders chasing hype......The key is knowing what you hold, why you hold it, and having the conviction to ride out the cycles. Stay focused, avoid distractions, and DCA with clarity not emotion.

It's probably not only about the volatility. It's also because they're not educated well enough about the basics/fundamentals of Bitcoin. It's laughable to see some plebs sell their Bitcoin to "invest" or "trade" a shitcoin. If they have an edge against the market, OK. But most probably they DON'T, then it's better to HODL only Bitcoin because nothing has outperformed it plus we know it's going to exist longer than ALL of those shitcoins.

The problem is not just volatility, it's fundamental ignorance. Many still don’t understand why Bitcoin stands apart. Watching people sell Bitcoin to gamble on some vaporware altcoin is painful. Unless you have a proven edge in the market which most people don’t, you're just setting yourself up to lose sats. Bitcoin is the apex asset undisputed track record, unmatched decentralization, and the only one with true long term credibility. Everything else? Noise that will likely vanish. Holdling Bitcoin isn't just safer it's smarter.

If they want to gamble on shitcoins, then they should do it when they have ENOUGH capital held in Bitcoin. If you ask me, "how much is ENOUGH"? I would say about a minimum of six figures in U.S. Dollars - $100,000. It might be too small for some people in BitcoinTalk, but I'm a pleb. That amount of money is large enough as a capital base if you ask me.

Plus how much to gamble in shitcoins, probably a maximum of 10%, no more than that - but that's already high risk. You can lower that to 5% and under.

If a normie with less than a $15k annual income had spent the last 6-ish years buying bitcoin at $50 per week, then he may well would have invested $16.4k and he would have 1 BTC.

I personally think that we have to go by the 200-WMA rather than the spot price to figure out what to do, and 1 BTC has a spot value of $117k-ish and a 200-WMA value of $50.2k-ish.  Such guy would be able to sustainably withdraw $5k per year, which is ONLY about $100 per week for the rest of his life.    I personally think that he should keep stacking for a bit longer, yet he is already 1/3 of his current annual income, so he is pretty close to being able to replace his current income with the passage of time whether he stacks more BTC or not.  Sure, he might want more than his current income, such as he might want to double his income to $30k per year, which surely would mean another cycle or perhaps a bit more of stacking, yet of course, what he wants likely depends on his age and other factors.

[kanftka]

Man how would you say discretionary income is more important than reliable income source? Like, what actually gives birth to discretionary income in the first place? is it not the income source? If you don’t have a stable way money is coming in, how would you now have anything left to invest? That source is still the foundation at the end of the day.

And again, I get what you are trying to say about people with unstable income still managing to invest a bit from what is left, but honestly that's not sustainable. It is not even advisable in most cases. Someone with no steady income should focus first on sorting that out, get a job or a side hustle that can at least cover basic needs consistently before talking about discretionary anything. Otherwise it is easy to end up stuck or even worse, frustrated.

It is not mandatory to have a steady income or a job before having a discretionary income to invest in Bitcoin, for example, a student in college that does not have a job or side hustle, that is focused in his/her academic, he gets his weekly or monthly stipends from his parents or friends and well wishers for a well serious and focused student that is not willing to rely on the parents after he must have graduate, while in school from his stipends can decide to start investing right from the day he entered school or along his academic journey of 4-5 years would have invested reasonable amount of his stipends that has served as his discretionary income using the DCA strategy to accumulate regularly and at his final level or when already graduated must have accumulated reasonable amount of satsh in his portfolio, instead of lavishing those extra money on unnecessary expenses or buying double the items he had already.
At his graduation, he would have gotten reasonable amount of fund to startup his life without depending on his parent for survival again.

There are also some persons that does not have a steady income or even job yet are being paid stipends for their upkeep from their rich family and don't see any need of getting a job, such money can be used from the there to start investing in Bitcoin.

Bro I think you’re kinda missing  what I’m saying here. First off, what is the actual meaning of steady income? Let us not complicate it. If someone, like that student you mentioned, is getting regular stipends from their parents or whoever, whether weekly or monthly, that right there is a form of steady income. It might not be from a job or business, but it is still consistent, predictable money coming in. That is what I was referring to.

So when I said it is not advisable to invest without steady income, I did not mean everyone need a 9-5 job (and yes if you are not receiving monthly or weekly stipends, then you should go get a job, or have a skill you can monetize) I just meant there should be some kind of reliable inflow that covers your needs first. From there, what is left can become discretionary income, which is exactly what that student is using to DCA into Bitcoin like you mentioned. So yeah, we are honestly saying the same thing, just wording it differently.

Here is google definition of steady income and also a definition in the context of student stipends:

Are you now saying that persons like this can't invest in Bitcoin.

And of course I’m not saying those kind of people can’t invest. They definitely can, as long as they’ve sorted their basics and they’re not putting themselves in a tight spot that would make them go back to their bitcoin investment, then they can 100% buy Bitcoin. Let’s just not mix things up. The main thing is still having something stable coming in regularly, no matter the source. That is all I was trying to point out. Thanks for your opinion though…

[yixichloro2xx]

If any pleb is selling his/her Bitcoin right now because "it's a good price", then let me tell you something. You're merely letting those billionaires win against you because you're giving away the only financial advantage you have against them - Your precious Bitcoin.

We have already front-ran them. Don't give them the opportunity to front-run YOU by selling now. Sell later, sell when it's in a seven figure price valuation, sell when Bitcoin has surged above Gold's total market value.

    

‎This is exactly the mindset needed right now. Too many retail investors are giving away their edge just because the price looks good. Meanwhile, institutions are stacking quietly, planning years ahead while some folks are still thinking in weeks.
‎
‎The fact that only 492,750 BTC is left to be mined in the next 3 years should be enough to wake people up. The supply squeeze is real, and once these entities lock up their bags, liquidity will vanish fast.
‎
‎Retail needs to stop being exit liquidity for billionaires. Accumulate with conviction, stay patient, and understand the game you are playing. We front-ran them once don’t hand it back on a silver platter.
‎

Our fellow plebs sell at current valuations because they're afraid to HODL througn the drawdowns of the bear market cycle. BUT with Bitcoin, it's OK because if you zoom out to the maximum, you as a HODLer will always outperform more than 90% of plebs who are trying to "trade".

HODL good assets such as Bitcoin, but avoid buying the DIPs of bad assets like shitcoins, and YOU will survive.

Well said, most plebs get shaken out because they can’t stomach the volatility so they sell low, buy high, and repeat. But zooming out shows the truth, patient HODLers of solid assets like Bitcoin consistently outperform short term traders chasing hype......The key is knowing what you hold, why you hold it, and having the conviction to ride out the cycles. Stay focused, avoid distractions, and DCA with clarity not emotion.

It's probably not only about the volatility. It's also because they're not educated well enough about the basics/fundamentals of Bitcoin. It's laughable to see some plebs sell their Bitcoin to "invest" or "trade" a shitcoin. If they have an edge against the market, OK. But most probably they DON'T, then it's better to HODL only Bitcoin because nothing has outperformed it plus we know it's going to exist longer than ALL of those shitcoins.

The problem is not just volatility, it's fundamental ignorance. Many still don’t understand why Bitcoin stands apart. Watching people sell Bitcoin to gamble on some vaporware altcoin is painful. Unless you have a proven edge in the market which most people don’t, you're just setting yourself up to lose sats. Bitcoin is the apex asset undisputed track record, unmatched decentralization, and the only one with true long term credibility. Everything else? Noise that will likely vanish. Holdling Bitcoin isn't just safer it's smarter.

If they want to gamble on shitcoins, then they should do it when they have ENOUGH capital held in Bitcoin. If you ask me, "how much is ENOUGH"? I would say about a minimum of six figures in U.S. Dollars - $100,000. It might be too small for some people in BitcoinTalk, but I'm a pleb. That amount of money is large enough as a capital base if you ask me.

Plus how much to gamble in shitcoins, probably a maximum of 10%, no more than that - but that's already high risk. You can lower that to 5% and under.

Building a solid Bitcoin base first before even thinking about venturing into the casino of shitcoins is the most responsible thing a pleb or whale can do. If your Bitcoin position isn't strong enough, you are just gambling with your future.

$100k in BTC as a foundation is a fair benchmark,it shows commitment, conviction, and patience. Once that's secured, allocating a tiny slice 5–10% to explore riskier bets can be tolerated if you are emotionally and financially prepared to lose it entirely. But that base in Bitcoin? That’s what gives you long term resilience. Without it, you are just another tourist in crypto.

[9ja Amaka]

Building a solid Bitcoin base first before even thinking about venturing into the casino of shitcoins is the most responsible thing a pleb or whale can do. If your Bitcoin position isn't strong enough, you are just gambling with your future.

$100k in BTC as a foundation is a fair benchmark,it shows commitment, conviction, and patience. Once that's secured, allocating a tiny slice 5–10% to explore riskier bets can be tolerated if you are emotionally and financially prepared to lose it entirely. But that base in Bitcoin? That’s what gives you long term resilience. Without it, you are just another tourist in crypto.

Let us be real, new folks in bitcoin or investors in low income countries, might see $100k too tough as a foundation to be in a strong position on their accumulation. If we start setting that amount as a bench market of being committed to bitcoin, we may end up discouraging a lot of folks who wants to start their investment journey. And yeah, I understand the $100k shows that one is serious and thinking long term buying. We can actually used that set our mindset in the right direction even if to us it may look difficult to achieve. I’m not saying we should lower the bar just to make people feel good, in the end what matters truly is our level of commitment and consistency not just what we plan that we didn't fulfil. An investor buying $30 weekly for five years consistently might end up investing longer than someone who aped in $100k the moment they start their investment.

[yixichloro2xx]

Building a solid Bitcoin base first before even thinking about venturing into the casino of shitcoins is the most responsible thing a pleb or whale can do. If your Bitcoin position isn't strong enough, you are just gambling with your future.

$100k in BTC as a foundation is a fair benchmark,it shows commitment, conviction, and patience. Once that's secured, allocating a tiny slice 5–10% to explore riskier bets can be tolerated if you are emotionally and financially prepared to lose it entirely. But that base in Bitcoin? That’s what gives you long term resilience. Without it, you are just another tourist in crypto.

Let us be real, new folks in bitcoin or investors in low income countries, might see $100k too tough as a foundation to be in a strong position on their accumulation. If we start setting that amount as a bench market of being committed to bitcoin, we may end up discouraging a lot of folks who wants to start their investment journey. And yeah, I understand the $100k shows that one is serious and thinking long term buying. We can actually used that set our mindset in the right direction even if to us it may look difficult to achieve. I’m not saying we should lower the bar just to make people feel good, in the end what matters truly is our level of commitment and consistency not just what we plan that we didn't fulfil. An investor buying $30 weekly for five years consistently might end up investing longer than someone who aped in $100k the moment they start their investment.

You are right, and this is a very important point, telling people they need $100k before they are serious about Bitcoin can make it feel impossible for many, especially those living in countries with lower incomes. That kind of message might push people away instead of encouraging them to start.

The truth is, it’s not just about how much you invest, it’s about how often and how committed you are. Someone who buys just $30 worth of Bitcoin every week for five years may end up doing better, and learning more than someone who dumps $100k in all at once and disappears.

I remembered  when I bought Bitcoin with $20 in 2022, though it wasn't much but I knew if I continue to stack more and more I will be able to build my portfolio little by little.... What really matters is building the habit, staying consistent, and thinking long term. You don’t need to start big, you just need to start and keep going....

[avp2306]

Building a solid Bitcoin base first before even thinking about venturing into the casino of shitcoins is the most responsible thing a pleb or whale can do. If your Bitcoin position isn't strong enough, you are just gambling with your future.

$100k in BTC as a foundation is a fair benchmark,it shows commitment, conviction, and patience. Once that's secured, allocating a tiny slice 5–10% to explore riskier bets can be tolerated if you are emotionally and financially prepared to lose it entirely. But that base in Bitcoin? That’s what gives you long term resilience. Without it, you are just another tourist in crypto.

Let us be real, new folks in bitcoin or investors in low income countries, might see $100k too tough as a foundation to be in a strong position on their accumulation. If we start setting that amount as a bench market of being committed to bitcoin, we may end up discouraging a lot of folks who wants to start their investment journey. And yeah, I understand the $100k shows that one is serious and thinking long term buying. We can actually used that set our mindset in the right direction even if to us it may look difficult to achieve. I’m not saying we should lower the bar just to make people feel good, in the end what matters truly is our level of commitment and consistency not just what we plan that we didn't fulfil. An investor buying $30 weekly for five years consistently might end up investing longer than someone who aped in $100k the moment they start their investment.

Only if they didn't try to learn a little bit info about Bitcoin. But if they have zero knowledge on Bitcoin then its not surprising to see such impression like that.

If they are just resourceful to know more about Bitcoin since they are interested to invest with it for sure that they will not say that Bitcoin is expensive since they can purchase Bitcoin depends on how much they can afford to spend. Its so good if they start early since there's good chance that they get more inspired to do more deeper research about Bitcoin and for there would be lots of interesting things to learn especially if they go on valuable discussions also helpful articles which they could find online.

What people need to have on this investment is consistency since they most likely succeed if they have that attitude.

[Cossyblack]

Income source is important for Bitcoin investment but more important is discretionary income. You have a reliable source of income but if you don't have discretionary income at the end of the week then that source of income can be worthless. Many folk don't have a stable source of income they have an unstable source of income but have some discretionary income at the end of the week and can accumulate Bitcoin from it and I think it's more potential. Over time they have the intention to increase their Bitcoin accumulation and in the future when a stable source of income is created they can more Bitcoin. It is true that it is not important for us to start big but it is important to start with discretionary income initially. Long term Bitcoin thinking teaches us discipline and patience that is more important in increasing holdings and even which is a much better way than risky trading ideas.

Man how would you say discretionary income is more important than reliable income source? Like, what actually gives birth to discretionary income in the first place? is it not the income source? If you don’t have a stable way money is coming in, how would you now have anything left to invest? That source is still the foundation at the end of the day.

And again, I get what you are trying to say about people with unstable income still managing to invest a bit from what is left, but honestly that's not sustainable. It is not even advisable in most cases. Someone with no steady income should focus first on sorting that out, get a job or a side hustle that can at least cover basic needs consistently before talking about discretionary anything. Otherwise it is easy to end up stuck or even worse, frustrated.

There are also some persons that does not have a steady income or even job yet are being paid stipends for their upkeep from their rich family and don't see any need of getting a job, such money can be used from the there to start investing in Bitcoin.
Are you now saying that persons like this can't invest in Bitcoin.

What's you're emphasising on are people that have Rich parents that pays them weekly or monthly stipends as salaries for their upkeeps. Since the funds are coming on a regular basis, it is also seen as a steady source of income because the money comes regularly regardless of the amount or where it is coming from. Part of those money after sorting their basics needs can still be used as discretional income to start a bitcoin investment. But looking at the bigger pictures here,not everybody out there has rich parents that send them money on a regular basis. I believe Majority of people out there falls in that category, to earned a living they must have a job or have something doing that Will be fetching them money on a daily, weekly or monthly basis. However having a source of livelihood  or steady income is important regardless of where it is coming from but so far it is sufficient enough to get a discretional income out of it. what is needed to start an investment in Bitcoin is your discretional income although is not mandatory that you must have to secure a source of livelihood before starting your bitcoin investment but it's important you secure one after because it plays a bigger role in your bitcoin accumulation journey.

[SmartCharpa]

And while those who owned Bitcoin before October 2023 may feel like winner right now, but it does not mean that it is too late for others,

For sure there are levels.

There are guys who just got started around October 2023 or even a year prior to October 2023, and there are guys who had already pretty much established their bitcoin position prior to October 2023, and there are guys who started accumulating their bitcoin after October 2023, including guys who are just starting right now.

Anyone who has no bitcoin is not prepared for up.

Anyone who has low amounts of bitcoin may well be insufficiently/inadequately prepared for up.

Guys have to make these determinations and frequently they make mistakes in their failure/refusal to get started at whatever the BTC price happens to be.

You are right that not everyone started at the same time; some started before October 2023, others around that time, and still others are only now learning about Bitcoin.

If someone does not own Bitcoin, they may miss out in the future if the price increases. And if they just have a small amount, it may not make any difference for them; this is why it is so important to get started, even with a little amount. Waiting too long or being afraid to buy will only make it more challenging later.

So it's up to each person to choose when to start. But the earlier you start, the more prepared you will be when the price rises.

Bitcoin is a long term journey, you may not see big profits in one or two years, but with patience and consistency, the reward will come later, so instead of looking back and regretting, focus on how to build your investment for the future. Continue building, stay humble, and always plan. That's how you win in the long term.

Even the past examples do not really seem to show great levels of wealth creation until much time has passed, and surely it does help to experience 70x or greater BTC price appreciation after a guy had already done most of his buying.. but yeah, not easy to get into such a position... so guys likely need to just stack what they can at the time that they learn about bitcoin.. and keep on stacking, as you mentioned.

Sure, Bitcoin does not make people rich immediately. it normally takes years of holding and buying gradually; such big 70x returns are usually achieved by those who started early and continued to buy before the price increased. 

However, it is not always simple to get started early or to know when the right time is, so after someone understands what Bitcoin is, the best thing to do is to keep buying whenever they can. And over time, something will add up. If a person did not start early, it is better to start now than wait forever.

[Hewlet]

what matters is a steady source that we can be using to do our DCA without any break,

Having a steady source of income doesn't guarantee for Bitcoin investment you might have a source of income without having a discretionary income this can be possible so what is needed to start accumulating Bitcoin is your discretionary income and not your steady source of income. You can invest anytime you have your discretionary income using the DCA strategy every weeks or months.

if you do not have a steady source of income, how then do you think having a discretionary income will be possible? it is from your income that you can make provision for anything that will guarantee effective investment ranging from your investment allocation to your emergency fund and whatever provision you are making.

the goal is to be better positioned as an investor and so, every of the things that makes that happen are all important. as an investor be you at the entry level or one that is already grown in your investment, what is your concern is how to set modalities in place so you can easily build your portfolio by buying a reasonable chunk of BTC. for your DCA to work well, consistency is very important and that is only achievable when your source of income remains intact and can fuel not just your basic needs but also your investment needs.

[Derekfunds]

what matters is a steady source that we can be using to do our DCA without any break,

Having a steady source of income doesn't guarantee for Bitcoin investment you might have a source of income without having a discretionary income this can be possible so what is needed to start accumulating Bitcoin is your discretionary income and not your steady source of income. You can invest anytime you have your discretionary income using the DCA strategy every weeks or months.

if you do not have a steady source of income, how then do you think having a discretionary income will be possible? it is from your income that you can make provision for anything that will guarantee effective investment ranging from your investment allocation to your emergency fund and whatever provision you are making.

the goal is to be better positioned as an investor and so, every of the things that makes that happen are all important. as an investor be you at the entry level or one that is already grown in your investment, what is your concern is how to set modalities in place so you can easily build your portfolio by buying a reasonable chunk of BTC. for your DCA to work well, consistency is very important and that is only achievable when your source of income remains intact and can fuel not just your basic needs but also your investment needs.

I totally agree with you, good discretionary is as a result of steady source of income and a good management skill because there are investor with a good steady source of income and yet they don't have a good discretionary reason because they don't know how to manage and share their capital into different parts where they ought to be. Any investor who can not do this is certain and guarantee that they can not do well. Everyone want to make money and profit at the end but they are not discipline enough to take responsibility.

[POPOLUV]

what matters is a steady source that we can be using to do our DCA without any break,

Having a steady source of income doesn't guarantee for Bitcoin investment you might have a source of income without having a discretionary income this can be possible so what is needed to start accumulating Bitcoin is your discretionary income and not your steady source of income. You can invest anytime you have your discretionary income using the DCA strategy every weeks or months.

if you do not have a steady source of income, how then do you think having a discretionary income will be possible? it is from your income that you can make provision for anything that will guarantee effective investment ranging from your investment allocation to your emergency fund and whatever provision you are making.

the goal is to be better positioned as an investor and so, every of the things that makes that happen are all important. as an investor be you at the entry level or one that is already grown in your investment, what is your concern is how to set modalities in place so you can easily build your portfolio by buying a reasonable chunk of BTC. for your DCA to work well, consistency is very important and that is only achievable when your source of income remains intact and can fuel not just your basic needs but also your investment needs.

I totally agree with you, good discretionary is as a result of steady source of income and a good management skill because there are investor with a good steady source of income and yet they don't have a good discretionary reason because they don't know how to manage and share their capital into different parts where they ought to be. Any investor who can not do this is certain and guarantee that they can not do well. Everyone want to make money and profit at the end but they are not discipline enough to take responsibility.

With my own point of view of having a steady source of income, is not a bad idea because so many investors that is opportune to have a steady source of income due generate their discretionary income from it to invest and steady Source of income due motivate those investors to be more patient with their investments to accumulate for longer cycle but those that doesn't have the opportunity of steady source of income will always look for a way out to invest or by selling what they can afford to buy back when the money has finally comes.