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Author Topic: JJG’s Outline of Bitcoin Investment Ideas  (Read 30820 times)
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Futurexxx
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Today at 09:11:35 AM
 #3141


, so everyone is always advised to have a slightly larger source of income so that they can continue to buy Bitcoin regularly without being hampered by anything.

Even though you have a larger source of income as you are proclaiming, it doesn't guarantees that you can invest in Bitcoin and be successful at it because having a large source of income doesn't guarantees that a Bitcoin investor can be able to figure out his or her discretionary income, since the key to every successful Bitcoin investor is to figure out their discretionary income.

Having a large source of income is good quite alright, but it's not the most important thing that is need to invest in Bitcoin consistently. What you need in other to invest in Bitcoin consistently is a discretionary income, it doesn't matter how much you earn, as long as you can figure out your discretionary income, then you can invest in Bitcoin and be successful.

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Today at 10:01:09 AM
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This is something that many people often don't understand because they only think of Bitcoin security as the basic knowledge they learned before they started. However as you stated it's true that someone will be more secure when they have discretionary income. Having discretionary income certainly makes them more organized in managing their Bitcoin security. If someone doesn't have a healthy cash flow no matter how they try to secure Bitcoin they still won't be able to do so because they lack discretionary income. Everyone knows that the best way to secure Bitcoin is simply by having discretionary income and common sense. Learning to manage personal cash inflow is crucial for someone with discretionary income and common sense.
This is true for almost everything, because anyone who wants to maintain something well after owning it naturally has to put in more effort to achieve that. For example, someone who already has a company or business that consistently generates income every month will naturally strive to keep that business running smoothly so that it continues to generate income. Likewise with Bitcoin, everyone who has bought and holds it must be able to take good care of it and over time must also be able to buy more so that the number of Bitcoins they own can continue to increase, so everyone is always advised to have a slightly larger source of income so that they can continue to buy Bitcoin regularly without being hampered by anything.
Bitcoin knowledge about the market, network and financial management are all necessary for a newbie, but they don't have to know everything about Bitcoin knowledge and have a huge reserve of discretionary funds before they can start. They can actually start with what they can afford and learn then gradually be increasing in knowledge and finance, if you're waiting to be very well equiped in knowledge and finance you will likely not start when you should. If you know how to download a wallet, how to buy and discretionary funds to pay for Bitcoin then you ready to start as an investor.

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