Buy Buy Buy or Sell Sell Sell?

[Baki202]

In order to avoid putting ourselves under undue stress in the absence of backup cash, returning to our bitcoin investment during an emergency is not a terrible idea.

Once you invest in bitcoin without putting down emergency and reserve funds in place to protect your Bitcoin investment from any real life emergency that may compel you to sell when you never wanted to, just know that you have set up your Bitcoin investment to fail, because emergency situation will always come sooner or later.
It makes no sense that you are encouraging investors to fall back to their bitcoin investment when their is no availability of emergency funds, instead of talking about why it's very important for investors to put it in place when accumulating consistently, in other not to be in that terrible situation of being forced to sell your Bitcoin holdings due to emergencies.

That is the mistake most people make when it comes to buying. You have to have an emergency fund because that is the only way you can do better without selling off. After all, if you understand which investments you are supposed to sell when you have made a profit, and only when you have decided to make a profit in your mind, then you don't have a choice but to do the right thing by finding a way to have emergency funds in place so that you don't make the mistake of ending up selling like others. Additionally, if you want to invest, you must be prepared to put things in place that are the only way things can get better. If you don't do the right thing, it will become a problem later on, which is why they will always end up selling because having emergency funds is the best option if you don't take care of all these things.

[Negotiation]

That is the mistake most people make when it comes to buying. You have to have an emergency fund because that is the only way you can do better without selling off. After all, if you understand which investments you are supposed to sell when you have made a profit, and only when you have decided to make a profit in your mind, then you don't have a choice but to do the right thing by finding a way to have emergency funds in place so that you don't make the mistake of ending up selling like others. Additionally, if you want to invest, you must be prepared to put things in place that are the only way things can get better. If you don't do the right thing, it will become a problem later on, which is why they will always end up selling because having emergency funds is the best option if you don't take care of all these things.

Usually, people who start investing think that they will be able to make a profit after a few days. But when they see that the price of Bitcoin is going down, they sell it and start thinking about other things. But you should invest in Bitcoin continuously and maintain its continuity.

Now I agree with you that a certain income is required to do this. It can be a business or your job. However, if there is no continuous source of income, then you should refrain from investing for a few days. Because if you think that you have lost after investing, then if you sell it, you will lose more; this is something most people do not understand.

[Agbam]

That is the mistake most people make when it comes to buying. You have to have an emergency fund because that is the only way you can do better without selling off. After all, if you understand which investments you are supposed to sell when you have made a profit, and only when you have decided to make a profit in your mind, then you don't have a choice but to do the right thing by finding a way to have emergency funds in place so that you don't make the mistake of ending up selling like others. Additionally, if you want to invest, you must be prepared to put things in place that are the only way things can get better. If you don't do the right thing, it will become a problem later on, which is why they will always end up selling because having emergency funds is the best option if you don't take care of all these things.

Usually, people who start investing think that they will be able to make a profit after a few days. But when they see that the price of Bitcoin is going down, they sell it and start thinking about other things. But you should invest in Bitcoin continuously and maintain its continuity.

Now I agree with you that a certain income is required to do this. It can be a business or your job. However, if there is no continuous source of income, then you should refrain from investing for a few days. Because if you think that you have lost after investing, then if you sell it, you will lose more; this is something most people do not understand.

What you’re describing as the usual isn’t the case, those are the wrong approaches of Bitcoin investment so only smaller percentage of investors practice that.

It’s not compulsory that you must have a regular source of income before you can invest but if you’re able to sort out your investable capital from your discretionary income while having or building backup funds then you can comfortably invest. Though a stable or a continuous source of income makes investing and consistency easier.

You don’t neeed to sell your bitcoin when you’re in a loss, there’s no need for a panic Bitcoin will surely recover. That’s why we’re advised to use money we can afford to lose from our discretionary income so we can comfortably hold for a longer term.

[Saltysugar99]

That is the mistake most people make when it comes to buying. You have to have an emergency fund because that is the only way you can do better without selling off. After all, if you understand which investments you are supposed to sell when you have made a profit, and only when you have decided to make a profit in your mind, then you don't have a choice but to do the right thing by finding a way to have emergency funds in place so that you don't make the mistake of ending up selling like others. Additionally, if you want to invest, you must be prepared to put things in place that are the only way things can get better. If you don't do the right thing, it will become a problem later on, which is why they will always end up selling because having emergency funds is the best option if you don't take care of all these things.

Usually, people who start investing think that they will be able to make a profit after a few days. But when they see that the price of Bitcoin is going down, they sell it and start thinking about other things. But you should invest in Bitcoin continuously and maintain its continuity.

Now I agree with you that a certain income is required to do this. It can be a business or your job. However, if there is no continuous source of income, then you should refrain from investing for a few days. Because if you think that you have lost after investing, then if you sell it, you will lose more; this is something most people do not understand.

I agree with you that entering Bitcoin with a few days profit expectation is not an investment mindset, and cashflow is important to continue accumulation. I think the first problem is that many newcomers mix investment and short-term trade in Bitcoin together. Many people think that they will buy today and sell it a few days later and make a profit. Again, if after a few days they see that bitcoin has decreased by 20%, then it may seem that the investment in bitcoin is not working. So maybe that person invested for only a few days. If someone's investment is for a few days, then he is definitely not investing in bitcoin for long-term bitcoin accumulation. And there is no loss when the price of bitcoin drops. As long as that person sells bitcoin. If you buy for long-term accumulation, the cashflow is right, the invested money is not needed and the investment thesis remains the same, then there is no need to sell due to short-term drops. And investing in bitcoin is about creating an accumulation system that can survive in its financial reality for years, not just a few days red candle.

[Proty]

That is the mistake most people make when it comes to buying. You have to have an emergency fund because that is the only way you can do better without selling off. After all, if you understand which investments you are supposed to sell when you have made a profit, and only when you have decided to make a profit in your mind, then you don't have a choice but to do the right thing by finding a way to have emergency funds in place so that you don't make the mistake of ending up selling like others. Additionally, if you want to invest, you must be prepared to put things in place that are the only way things can get better. If you don't do the right thing, it will become a problem later on, which is why they will always end up selling because having emergency funds is the best option if you don't take care of all these things.

Usually, people who start investing think that they will be able to make a profit after a few days. But when they see that the price of Bitcoin is going down, they sell it and start thinking about other things. But you should invest in Bitcoin continuously and maintain its continuity.

Now I agree with you that a certain income is required to do this. It can be a business or your job. However, if there is no continuous source of income, then you should refrain from investing for a few days. Because if you think that you have lost after investing, then if you sell it, you will lose more; this is something most people do not understand.

What you’re describing as the usual isn’t the case, those are the wrong approaches of Bitcoin investment so only smaller percentage of investors practice that.

It’s not compulsory that you must have a regular source of income before you can invest but if you’re able to sort out your investable capital from your discretionary income while having or building backup funds then you can comfortably invest. Though a stable or a continuous source of income makes investing and consistency easier.

You don’t neeed to sell your bitcoin when you’re in a loss, there’s no need for a panic Bitcoin will surely recover. That’s why we’re advised to use money we can afford to lose from our discretionary income so we can comfortably hold for a longer term.

Having a regular source of income may not be that important for someone that has figured out there discretionary income to invest in bitcoin. But , in the long run it is important to have a regular source of income because it will help an investor to be able to accumulate bitcoin continuously. Not having a regular income may affect how consistent an investor can bitcoin and their chances of putting their bitcoin holdings in good shape. The idea should be , not having a regular income shouldn't stop anyone from investing in bitcoin, as they go on with bitcoin accumulation they can work on source of income in other to be able to sustain their bitcoin investment.

[GIF-JOBS]

That is the mistake most people make when it comes to buying. You have to have an emergency fund because that is the only way you can do better without selling off. After all, if you understand which investments you are supposed to sell when you have made a profit, and only when you have decided to make a profit in your mind, then you don't have a choice but to do the right thing by finding a way to have emergency funds in place so that you don't make the mistake of ending up selling like others. Additionally, if you want to invest, you must be prepared to put things in place that are the only way things can get better. If you don't do the right thing, it will become a problem later on, which is why they will always end up selling because having emergency funds is the best option if you don't take care of all these things.

Usually, people who start investing think that they will be able to make a profit after a few days. But when they see that the price of Bitcoin is going down, they sell it and start thinking about other things. But you should invest in Bitcoin continuously and maintain its continuity.

Now I agree with you that a certain income is required to do this. It can be a business or your job. However, if there is no continuous source of income, then you should refrain from investing for a few days. Because if you think that you have lost after investing, then if you sell it, you will lose more; this is something most people do not understand.

What you’re describing as the usual isn’t the case, those are the wrong approaches of Bitcoin investment so only smaller percentage of investors practice that.

It’s not compulsory that you must have a regular source of income before you can invest but if you’re able to sort out your investable capital from your discretionary income while having or building backup funds then you can comfortably invest. Though a stable or a continuous source of income makes investing and consistency easier.

You don’t neeed to sell your bitcoin when you’re in a loss, there’s no need for a panic Bitcoin will surely recover. That’s why we’re advised to use money we can afford to lose from our discretionary income so we can comfortably hold for a longer term.

Having a regular source of income may not be that important for someone that has figured out there discretionary income to invest in bitcoin. But , in the long run it is important to have a regular source of income because it will help an investor to be able to accumulate bitcoin continuously. Not having a regular income may affect how consistent an investor can bitcoin and their chances of putting their bitcoin holdings in good shape. The idea should be , not having a regular income shouldn't stop anyone from investing in bitcoin, as they go on with bitcoin accumulation they can work on source of income in other to be able to sustain their bitcoin investment.

In the first case, there is no problem even if it is a very small amount, it is better to start small, but it is important to start this. But where will someone who does not have any source of income invest from? You must create a source of income, when you have income, then you will have a discretionary income, and through this you will have to continue it continuously.
The investment is not once, but it is regular, you have to invest weekly or monthly depending on your income, and it is the amount left over from your income over all your necessary expenses, and no matter how small it is, it is not a problem.
But the main thing is that since you have to buy continuously, it is not possible without a source of income, so you have to pay very close attention to that too. Start small, stay within your means, and try to improve your source of income, then your purchase amount will also increase from small amounts and your portfolio will also increase.

[AYOBA]

Usually, people who start investing think that they will be able to make a profit after a few days. But when they see that the price of Bitcoin is going down, they sell it and start thinking about other things. But you should invest in Bitcoin continuously and maintain its continuity.

Those kind of people doesn’t achieve anything wherever they invest, anyone who have interest to invest shouldn’t think of sell their Bitcoin no matter how the market goes. Because that’s what make a lots of people lose money from their investment. And we all know that the Bitcoin market is not stable, at times the market normally fluctuates, so invest in Bitcoin and starting thinking that they can make profits within a few days. It will never allow their investment to grow since they won’t have rest of mind about their investments, and once they see that the market is about to crash they rushed to sell everything without single profits.

[Gragebox]

Usually, people who start investing think that they will be able to make a profit after a few days. But when they see that the price of Bitcoin is going down, they sell it and start thinking about other things. But you should invest in Bitcoin continuously and maintain its continuity.

Those kind of people doesn’t achieve anything wherever they invest, anyone who have interest to invest shouldn’t think of sell their Bitcoin no matter how the market goes. Because that’s what make a lots of people lose money from their investment. And we all know that the Bitcoin market is not stable, at times the market normally fluctuates, so invest in Bitcoin and starting thinking that they can make profits within a few days. It will never allow their investment to grow since they won’t have rest of mind about their investments, and once they see that the market is about to crash they rushed to sell everything without single profits.

I would say, expecting quick profit from Bitcoin is also a big part of the problem. It's normal that the price goes down rapidly because the market is very volatile but that does not mean they should instantly sell. Of course I would not say that investors should never sell as there can be good reasons.

But they should have plan before investing and have a idea of the risk they are willing to take.

If one invests money which they can't afford to loose, then every correction is a tragedy. So I'd say that research, waiting strategy and managing the risk is much more important that constantly react on every fluctuation. For me long-term investing seems like the best option and good strategy is based on planning rather than emotions.

[Joeboy]

Having a regular source of income may not be that important for someone that has figured out there discretionary income to invest in bitcoin. But , in the long run it is important to have a regular source of income because it will help an investor to be able to accumulate bitcoin continuously. Not having a regular income may affect how consistent an investor can bitcoin and their chances of putting their bitcoin holdings in good shape. The idea should be , not having a regular income shouldn't stop anyone from investing in bitcoin, as they go on with bitcoin accumulation they can work on source of income in other to be able to sustain their bitcoin investment.

Regardless of how important it seems to be in the long run, maintaining consistency in your investment isn't still the only way to go about with your investment... Personally, I like to think that even in the long run, even if folks cannot figure out a stable source of income , they can still go ahead with their flexible mode of investing-- By investing the amount of discretionary income they can afford, at whatever time it is available... The major focus should be the availability of your discretionary income after basic needs and responsibilities have all been sorted out, and once it is available, investment can start as soon as possible no matter how small the amount is...

[Onyeeze]

Having a regular source of income may not be that important for someone that has figured out there discretionary income to invest in bitcoin.

I disagree with you, having a regular source of can make you to have a discretionary income, because without you having a constant flows of income you can't be able to serve out money for an investment so you must have a financial flow that to enable you to have saves especially discretionary income to invest

But , in the long run it is important to have a regular source of income because it will help an investor to be able to accumulate bitcoin continuously. Not having a regular income may affect how consistent an investor can bitcoin and their chances of putting their bitcoin holdings in good shape. The idea should be , not having a regular income shouldn't stop anyone from investing in bitcoin, as they go on with bitcoin accumulation they can work on source of income in other to be able to sustain their bitcoin investment.

we are saying the same thing here so having a source of income that is the only thing that will make you to invest and without touching your investment and you will not be panic to make it withdrawal of your investment when it's not due, so that is why you say that the people that I have another source of income when they invest they allowed their investment to stay long before they think of withdrawing from their investment, so it is better for someone to invest what it can afford to lose and let it be investment should not be something that it will be very serious to make withdrawal when it have not matured as I said before

[Derekfunds]

Regardless of how important it seems to be in the long run, maintaining consistency in your investment isn't still the only way to go about with your investment... Personally, I like to think that even in the long run, even if folks cannot figure out a stable source of income , they can still go ahead with their flexible mode of investing-- By investing the amount of discretionary income they can afford, at whatever time it is available... The major focus should be the availability of your discretionary income after basic needs and responsibilities have all been sorted out, and once it is available, investment can start as soon as possible no matter how small the amount is...

I disagree with you because consistency is very important in Bitcoin investment as the result of one's consistency will always reflect on their portfolio, if someone is consistent in their Bitcoin investment they will grow or increase their portfolio firster  than someone that is not consistent unless the money they are using to accumulate is very small compare to someone that is not consistent but the amount one is using doesn't really matter rather the most important is investing consistently with what one is okay with.

[Abdulzuruku01]

Usually, people who start investing think that they will be able to make a profit after a few days. But when they see that the price of Bitcoin is going down, they sell it and start thinking about other things. But you should invest in Bitcoin continuously and maintain its continuity.

It's lack of trust that used to make some new investors sell in a panic, they still think bitcoin price can go back to zero whenever Bitcoin price experiences a dip. If not that, I don't know why they would be in a rush to sell or quickly take their profits. Investing in bitcoin is a gradual process because bitcoin is here to stay. And it's different from other investment because you control your assets without any third party which gives you more confidence to invest in it continuously for a long term without any fear.

[Crytohillss]

That is the mistake most people make when it comes to buying. You have to have an emergency fund because that is the only way you can do better without selling off. After all, if you understand which investments you are supposed to sell when you have made a profit, and only when you have decided to make a profit in your mind, then you don't have a choice but to do the right thing by finding a way to have emergency funds in place so that you don't make the mistake of ending up selling like others. Additionally, if you want to invest, you must be prepared to put things in place that are the only way things can get better. If you don't do the right thing, it will become a problem later on, which is why they will always end up selling because having emergency funds is the best option if you don't take care of all these things.

Usually, people who start investing think that they will be able to make a profit after a few days. But when they see that the price of Bitcoin is going down, they sell it and start thinking about other things. But you should invest in Bitcoin continuously and maintain its continuity.

Now I agree with you that a certain income is required to do this. It can be a business or your job. However, if there is no continuous source of income, then you should refrain from investing for a few days. Because if you think that you have lost after investing, then if you sell it, you will lose more; this is something most people do not understand.

What you’re describing as the usual isn’t the case, those are the wrong approaches of Bitcoin investment so only smaller percentage of investors practice that.

It’s not compulsory that you must have a regular source of income before you can invest but if you’re able to sort out your investable capital from your discretionary income while having or building backup funds then you can comfortably invest. Though a stable or a continuous source of income makes investing and consistency easier.

You don’t neeed to sell your bitcoin when you’re in a loss, there’s no need for a panic Bitcoin will surely recover. That’s why we’re advised to use money we can afford to lose from our discretionary income so we can comfortably hold for a longer term.

Having a regular source of income may not be that important for someone that has figured out there discretionary income to invest in bitcoin. But , in the long run it is important to have a regular source of income because it will help an investor to be able to accumulate bitcoin continuously. Not having a regular income may affect how consistent an investor can bitcoin and their chances of putting their bitcoin holdings in good shape. The idea should be , not having a regular income shouldn't stop anyone from investing in bitcoin, as they go on with bitcoin accumulation they can work on source of income in other to be able to sustain their bitcoin investment.

To sell bitcoin when one are at lost  that shouldn't bother or panic i believe that bitcoin wil still go back to its normal shape that's why we are meant to make use of the cash we can afford to lose, from your view our discretionary income we can truly keep out for a longer time yes having a steady income may not guarantee someone that has the mindset of steady buying but not having a good stable income should make anyone not to investment in bitcoin.

[Razmirraz]

Snip.

Regardless of how important it seems to be in the long run, maintaining consistency in your investment isn't still the only way to go about with your investment... Personally, I like to think that even in the long run, even if folks cannot figure out a stable source of income , they can still go ahead with their flexible mode of investing-- By investing the amount of discretionary income they can afford, at whatever time it is available... The major focus should be the availability of your discretionary income after basic needs and responsibilities have all been sorted out, and once it is available, investment can start as soon as possible no matter how small the amount is...

I agree that investing should start with discretionary income, rather than by forcing yourself. However, it is important to emphasize that for your investment to proceed smoothly and yield maximum results, flexible alone is not enough, you also need to remain consistent with your principles. It is fine to start investing with a small amount. However, do not use flexible as an excuse to delay. You must build the system first, then allow for flexible within it. The goal is to ensure investments continue regardless of your mood or whether there is money left over after covering basic needs.

[Barikui1]

It's lack of trust that used to make some new investors sell in a panic, they still think bitcoin price can go back to zero whenever Bitcoin price experiences a dip. If not that, I don't know why they would be in a rush to sell or quickly take their profits. Investing in bitcoin is a gradual process because bitcoin is here to stay. And it's different from other investment because you control your assets without any third party which gives you more confidence to invest in it continuously for a long term without any fear.

You are wrong with this statement of yours. Am talking about the highlighted statement, because even though you have full trust in Bitcoin, if you decide to invest what you cannot afford to lose, you will definitely sell in panic, because that is a money you cannot afford to lose. You may argue with me about this, but I want to let you know that when you invest what you cannot afford to lose, your emotions will always get the better of you no matter how hard you try, so the best way not to sell in panic is to invest only what you can afford to lose, that way you wouldn't be emotionally attached to your investment.

[Tongley]

Snip.

Regardless of how important it seems to be in the long run, maintaining consistency in your investment isn't still the only way to go about with your investment... Personally, I like to think that even in the long run, even if folks cannot figure out a stable source of income , they can still go ahead with their flexible mode of investing-- By investing the amount of discretionary income they can afford, at whatever time it is available... The major focus should be the availability of your discretionary income after basic needs and responsibilities have all been sorted out, and once it is available, investment can start as soon as possible no matter how small the amount is...

I agree that investing should start with discretionary income, rather than by forcing yourself. However, it is important to emphasize that for your investment to proceed smoothly and yield maximum results, flexible alone is not enough, you also need to remain consistent with your principles. It is fine to start investing with a small amount. However, do not use flexible as an excuse to delay. You must build the system first, then allow for flexible within it. The goal is to ensure investments continue regardless of your mood or whether there is money left over after covering basic needs.

If you are not able to find discretionary income in a week or month, then the best decision for you is not to invest. Because whenever you are willing to invest outside the discretionary income or invest outside the discretionary income, you will invest the required amount of money and due to this wrong decision, your investment may be at great risk and you may have to sell it at a loss. If discretionary income is not available in a month or week, then definitely stop investing in that week or month and find discretionary income in the next week or month through proper financial management and start investing.

If a person does not find discretionary income in a month. If he has some more funds, such as emergency fund, reserve fund etc., then he can definitely take money from the reserve fund and buy. If someone can be sure that he has enough reserve fund or other funds, then he can do it. But yes, it has to be rebuilt as soon as possible.

[Stive009]

It's lack of trust that used to make some new investors sell in a panic, they still think bitcoin price can go back to zero whenever Bitcoin price experiences a dip. If not that, I don't know why they would be in a rush to sell or quickly take their profits. Investing in bitcoin is a gradual process because bitcoin is here to stay. And it's different from other investment because you control your assets without any third party which gives you more confidence to invest in it continuously for a long term without any fear.

You are wrong with this statement of yours. Am talking about the highlighted statement, because even though you have full trust in Bitcoin, if you decide to invest what you cannot afford to lose, you will definitely sell in panic, because that is a money you cannot afford to lose. You may argue with me about this, but I want to let you know that when you invest what you cannot afford to lose, your emotions will always get the better of you no matter how hard you try, so the best way not to sell in panic is to invest only what you can afford to lose, that way you wouldn't be emotionally attached to your investment.

There is an important truth in your words emotions greatly affect our decisions while investing. But the real purpose of the phrase Only invest what you can afford to lose is to invest money that even if lost will not cause a major problem to your lifestyle or financial situation. The money that you urgently need for family expenses debt repayment or important future needs should never be invested in any volatile asset. Because even if the market drops by 50%-70% if you are forced to sell then the problem is not the market the problem was your position size and lack of preparation. True faith in Bitcoin does not mean changing your decision with every fluctuation in the market. Rather understanding Bitcoin along with investing trusting your decision and patiently maintaining that faith in the long term. Many people panic and sell when the price of Bitcoin drops because they invested money that the fear of losing made them mentally weak. On the other hand those who keep an emergency fund by DCA and invest within their means survive very easily even in the midst of market fluctuations. Bitcoin is not a way to get rich overnight. This is a long term savings that strengthens your future. Believe in Bitcoin invest regularly within your means but do not risk your financial security. Because a skilled investor not only knows when to buy he also knows how to survive in the market for a long time.

[Out of mind]

That is the mistake most people make when it comes to buying. You have to have an emergency fund because that is the only way you can do better without selling off. After all, if you understand which investments you are supposed to sell when you have made a profit, and only when you have decided to make a profit in your mind, then you don't have a choice but to do the right thing by finding a way to have emergency funds in place so that you don't make the mistake of ending up selling like others. Additionally, if you want to invest, you must be prepared to put things in place that are the only way things can get better. If you don't do the right thing, it will become a problem later on, which is why they will always end up selling because having emergency funds is the best option if you don't take care of all these things.

Usually, people who start investing think that they will be able to make a profit after a few days. But when they see that the price of Bitcoin is going down, they sell it and start thinking about other things. But you should invest in Bitcoin continuously and maintain its continuity.

Now I agree with you that a certain income is required to do this. It can be a business or your job. However, if there is no continuous source of income, then you should refrain from investing for a few days. Because if you think that you have lost after investing, then if you sell it, you will lose more; this is something most people do not understand.

Those who come to invest with such a mindset are not real investors at all, their only purpose is to make a profit. There are many people who buy Bitcoin thinking that the price will increase after a few days and they will sell it and make a profit, but when the market faces instability, they sell it out of fear. Basically, investors try to hold on to more Bitcoins when the price drops, but those who come with the sole purpose of making a profit do not maintain such a plan.
Of course, having a source of income is the most important thing in investing, especially when you invest at a time, if later the market goes down and you do not have the money, you cannot buy again. In any case, having a source of income will work best for investment, and if an emergency fund can be created before investing, it is even better. If someone faces a loss by investing in Bitcoin, it is wiser not to sell them but to be patient for some time, because the market will not always decrease, but will also increase.

[samadam007]

I agree that investing should start with discretionary income, rather than by forcing yourself. However, it is important to emphasize that for your investment to proceed smoothly and yield maximum results, flexible alone is not enough, you also need to remain consistent with your principles. It is fine to start investing with a small amount. However, do not use flexible as an excuse to delay. You must build the system first, then allow for flexible within it. The goal is to ensure investments continue regardless of your mood or whether there is money left over after covering basic needs.

You started by supporting people should invest from discretionary income, then you contradicted yourself by saying investing should continue regardless of whether there is money left after basic needs. This exactly where the problem is. How does that make sense sense to you? Were preaching sustainable long term investing here, not making mistakes that would later push you to start selling out of your portfolio to settle basic needs or emergencies.

And Investing consistently does not guarantee “maximum results”. No one can promise that. It all depend on Bitcoin long term performance, your ability to hold long enough.

[Don Saga]

Having a regular source of income may not be that important for someone that has figured out there discretionary income to invest in bitcoin. But , in the long run it is important to have a regular source of income because it will help an investor to be able to accumulate bitcoin continuously. Not having a regular income may affect how consistent an investor can bitcoin and their chances of putting their bitcoin holdings in good shape. The idea should be , not having a regular income shouldn't stop anyone from investing in bitcoin, as they go on with bitcoin accumulation they can work on source of income in other to be able to sustain their bitcoin investment.

This is a better approach to investing in bitcoin, having a stable job would really help with consistency in every bitcoin investment. You would not expect something that works menial jobs that are not salary-based to think about bitcoin investment, because he/she does not even have enough to feed, not to talk of investing in bitcoin which could take 2-3 years to have a considerable ROI and a better resale value.

No one is expected to hold bitcoin forever, so it is important to plan your bitcoin investment journey before starting. The more deposit made into bitcoin would increase the possibility of an increased profit value over time, it does not have to be a big amount, the little consistent deposits would be the best approach to balance both daily expenses and an investment lifestyle.