Exactly, a lot of people have been working hard in this forum, especially this thread just to encourage newbie not to delay their bitcoin journey, not until they have a large amount of money before they can start, they can start with small they have, as long as it discretionary funds, not money that will put pressure on their investment in the future. And again I just realized that some folks delay their buying because they think bitcoin is only for people who are financially stable. That’s completely wrong thinking. As a serious investor, you can start as little your discretionary income is. building your bitcoin position gradually without waiting for large sum to start.
It's true some people actually delay their Bitcoin investment because they think they need to be stable before they can invest in it and meanwhile anyone can always invest in Bitcoin. I feel it's all due to ignorance that's why they have such mindset.
Understanding Bitcoin investment matters a lot but shouldn't be a reason you delay your investment. Also the mistake many people make is trying to put so much into buying Bitcoin, they don't know that it's a gradual process of building oneself. Start small, grow your investment while not overdoing anything or investing only discretionary income that way there will be less pressure when the plan is holding for a long time.
I respect your opinion but from the little things that have happened around me I strongly believe that Bitcoin investment is not for everyone...
Most of the times, what do you think is the reason why some Bitcoin investors go back to their portfolio and start spending? It's because they forced themselves to invest in Bitcoin, they can't afford to but they do it anyways.
Probably because they listened to advices that's similar to yours, if you don't have a job just rule out the idea of investing in Bitcoin, if your source of income isn't significantly good enough to pay your bills and leave some money on the table after, you have no business with BTC.
As good as investment is, and coming from someone who have seen a lot of situations in my developing country I have the full confidence to back my claim that Bitcoin investment isn't for everyone.
There’s actually nothing wrong with the opinion you’re kicking against, so long as anyone can figure out their discretionary income then they can invest in bitcoin, they don’t have to compulsorily have a stable source of income before they can start investing.
Maybe you’re saying it’s not for everyone because there are folks who can’t afford to because they don’t have discretionary. But I’ll have you know that as soon as their discretionary is available then they can invest. So it’s basically open to everyone. You don’t need a job before you can buy bitcoin
