Balancing Financial security and Bitcoin Accumulation

[Proty]

Even if a poor person might make less than $10k per year, and he might be stacking away $10 per week for many years, he may or may not get to a point that he can completely replace his income, yet he may well get to a place where his bitcoin is able to put him in a better place in his elderly years and during those times that he is no longer able to work so that he can have less worries about being able to continue to feed himself, to get lodging and some of the basic needs that he is going to continue to have and we cannot really know how much any guys are able to buttress up their lives and/or to improve their situations based on their having had stacked bitcoin to end up putting themselves into a better position, even if the amount might not be enough to completely sustain them.

I get you Sir. And your explanation further buttresses the fact that Bitcoin investment isn't only for the rich folks. Folks with little income can still participate in Bitcoin investment even though they may be having a small investment size (like $10-$15)at the start. But still I believe that holding a small amount/being a low- coiner is far more better than being a no- coiner with zero exposure.....Everyone situation is different that for sure so it may be really hard to generalize. But then I still remain certain of the fact that if an investor consistently save even a small amount in Bitcoin, overtime that small buys will become relevant, meaningful and helpful in the future. And these poor folks may even very well increase the level of their discretionary income overtime, by cutting down any unnecessary expenses if there is any or even getting other income stream if possible.

One of the significant and ongoing challenges for the poor person is to not tap into his bitcoin investment and to be able to both build the bitcoin investment (by adding to it) and not tap into it for 10 years or longer, and so if the poor person is struggling and then sometimes changing jobs or losing his income source and then maybe sometimes getting an income source back, he has to figure out ways so that he does not end up tapping into his bitcoin at a time that is not completely of his own choosing, and so he has to figure out ways that he is able to continue to pay his expenses so that he is not tempted to tap into his bitcoin investment prior to the running of the 10 years or more or whatever might be the building up timeline. 

yes it would really be a great challenge for someone who is poor to be able to hold bitcoin for long time like 5-10 years especially when they don't have a stable source of income. I think for such poor folks they should plan there investment in such a way that there buying of bitcoin won't hinder from attending to there expenses. If this happens they may be forced to fall back to there bitcoin investment before the time they planned to do so. The poor folks not having a stable source of income should be able to manage there investment in such that they should be able to build up a backup funds that they will fall back to when an urgent needs arises. They also need to have a good financial management as this will really help a lot.

[Tonimez]

[Edited out]

I frequently suggest that guys try to figure out how to get into higher paying fields, yet I also understand that my suggestion might not be practical for some guys, so they still have to end up going with what they believe to be practical and/or realistic in consideration of the circumstances that they find themselves... which is true that sometimes guys might have to figure out if their might be options that they had not previously considered, yet guys might also find themselves having ONLY so many options in terms of the kinds of work that they believe that they are able to do or able to train to do.

You're very correct. One reason I think some folks don't easily have access to different sources of income is inexperience and the unwillingness to engage in new things. Many bitcoin intentional investors really have a bad financial situation and it affects their cashflow management always. Some folks too have the willingness to learn new skills but get discouraged by their age or responsibilities. An investor who has an alternative source of income does his investments more freely and care less about his bitcoin stash. Moreso, some low income earners who still haven't decided on an alternative income but are true to their investments, they end up having an extremely stretched cashflow management which at the extreme, they loose it and dip hands into their bitcoin because same way their bitcoin accumulation is low, both emergency funds and back up funds accumulation will also be low (relative to high income earner) of which real life emergency situations do not understand how lower a person's income is nor how you already had a set financial rules to how you spend your already low income.

This calls for a more intentional approach to getting an alternative source of income which would help cushion the effects of your self discipline imposed on your bitcoin accumulation process. Poor people easily sell off entire bitcoin over any emergency situation because even their emergency funds and back up funds are also small to compensate for the influence of the unforeseen exigencies. I would say that as a bitcoin investor who plans for long-term holding, you should also work towards having multiple sources of income (But this does not mean you have to wait until you get an alternative source of income before you start bitcoin investment). This will help you not to yield to extreme financial management because as a human, you also have some unexpected necessary responsibilities like occasionally helping the poor or personal upkeep. As a low income earner, you don't have to wait until you are fully stretched before you start seeking for an alternative income at least for the success of your bitcoin stash.

[cxtreenal]

Those who are aware of the terrible effects of inflation will never accumulate fiat they will rather start Bitcoin and continue to do DCA as long as their income flows.

We need to keep some quantity of cash on hand in order to cover fluctuations in income, mistakes and/or unexpected increases in expenses and/or lowering of income.  The greater our bitcoin grows, the more likely we need to keep more cash so that we are protecting our bitcoin, yet there still can be dilemmas regarding how much cash to keep, and poor people frequently make mistakes of not keeping enough, and so they end up having to sell some or all of their bitcoin at a time that is not of their choosing and largely because they did not manage their cashflow holdings adequately.  

It is difficult for poor people to get ahead, and it is even more difficult if they don't adequately protect themselves.. and make sure that their bitcoin continues to grow, even if the amounts seem small and slowly growing.

You are right. The poor may not have enough reserve funds to protect their Bitcoin holdings. They are so inclined to Bitcoin that they will run away in times of emergency if they do not have the reserve funds. That is why the poor should keep a reserve fund along with their Bitcoin accumulation so that they do not need to withdraw it in special situations/emergencies. The amount of reserve fund we need to keep to protect our Bitcoin is a plan based on our income. It may be 2-3 months maximum for family needs, although many may think this amount negligible but I think this will be enough to meet my family's daily budget.

Of course, we need to have a strategy that keeps the Bitcoin accumulation flowing for as long as they have a source of income. It is not easy for the poor but only those poor people who want to change their future financial situation will give more importance to Bitcoin. As a result of this motivation, they continue to increase and hold on to Bitcoin more tightly. Although the amount of Bitcoin deposited is not very large, the small size gradually increases over time.

Even if a poor person might make less than $10k per year, and he might be stacking away $10 per week for many years, he may or may not get to a point that he can completely replace his income, yet he may well get to a place where his bitcoin is able to put him in a better place in his elderly years and during those times that he is no longer able to work so that he can have less worries about being able to continue to feed himself, to get lodging and some of the basic needs that he is going to continue to have and we cannot really know how much any guys are able to buttress up their lives and/or to improve their situations based on their having had stacked bitcoin to end up putting themselves into a better position, even if the amount might not be enough to completely sustain them.

Of course it's possible. It is not a difficult investment for a poor investor. At this stage, he has to be steadfast in his determination because it is challenging to be consistent in investing. Many high income investors stacking away Bitcoins in large amounts but they are often lazy to maintain consistency. I do not know if this is just a result of their financial capacity. The poor will mostly be motivated for Bitcoin because they do not have as much wealth as the rich. Even if a investor stacking away Bitcoins in the amount of $10 per week, that investor will be able to replace his income during his retirement or when they have no income source. When he loses his source of income and reaches old age. He can emerge as one of the rich investors. It will be a truly impressive when I will not be able to earn, my body will be wrinkled and my children will be busy with their careers and families. Small Bitcoin fractions will stacking and become a large stack. Retirement time can be spent well when the elderly are neglected by their children. We should make sincere efforts to maintain Bitcoin stacking during the earning period.

[Emjay24]

yes it would really be a great challenge for someone who is poor to be able to hold bitcoin for long time like 5-10 years especially when they don't have a stable source of income. I think for such poor folks they should plan there investment in such a way that there buying of bitcoin won't hinder from attending to there expenses.

I do not really think so, especially if the poor person invested with his discretionary income, a steady income is not a guarantee to having discretionary income present and is not also a criteria for long term holding. If at some point the poor person does not have discretionary income for a period in time, the best shot for him is to stop buying and resume when he is sure he has discretionary income again to continue. Buying bitcoin with funds meant for your expenses just to fulfill your obligation to your portfolio would even put the portfolio in more jeopardy and it is very wrong, so it is important to only buy bitcoin with discretionary income, no matter how little it is, even if it is as little as $10 remaining after taking care of your expenses.

[JayJuanGee]

[edited out]

Of course it's possible. It is not a difficult investment for a poor investor. At this stage, he has to be steadfast in his determination because it is challenging to be consistent in investing. Many high income investors stacking away Bitcoins in large amounts but they are often lazy to maintain consistency. I do not know if this is just a result of their financial capacity. The poor will mostly be motivated for Bitcoin because they do not have as much wealth as the rich. Even if a investor stacking away Bitcoins in the amount of $10 per week, that investor will be able to replace his income during his retirement or when they have no income source. When he loses his source of income and reaches old age. He can emerge as one of the rich investors. It will be a truly impressive when I will not be able to earn, my body will be wrinkled and my children will be busy with their careers and families. Small Bitcoin fractions will stacking and become a large stack. Retirement time can be spent well when the elderly are neglected by their children. We should make sincere efforts to maintain Bitcoin stacking during the earning period.

If a person is able to figure out a way to invest 10% of his income, then after 10-ish years, he would have had invested a whole year of his income.. so there are no guarantees.. but there surely are ways that the more a person is able to stack away, then the more impact it could have, relative to his own later options.  Sure the hard part might not be putting money away, even though it can be hard to keep it going consistently through the years and also challenges to not tap into it..... and yeah of course, the higher the discretionary income, then the more extra cushion that a person has to not stress himself in regards to the ongoing amount put in and and also potentially not feeling that he is depriving himself by putting so much of his income into bitcoin rather than spending it. 

[Bigjoe33]

 and yeah of course, the higher the discretionary income, then the more extra cushion that a person has to not stress himself in regards to the ongoing amount put in and and also potentially not feeling that he is depriving himself by putting so much of his income into bitcoin rather than spending it. 

Surely, and that's why it still remains important and very much necessary folks who poor or not well to do financially seek for ways to increase there income, I mean sorting for other means of income to increase there discretion. Yea, as this will help them relax and not have to break there head while trying to increase there DCAing amount.

Starting out your investment in a poor state can be really challenging, as such investor will be faced with these tow major challenges, 1) ability to keep up with a consistent DCA buys weekly or monthly depending on your cash flow, 2) and the ability to also not tap from your investment. So, it will really help to boost the investor and his investment if they try to get an extra job that will sure bring extra or more income, at least, the investor can improve in his investment and then handle few other things without having to think a whole night

[Cossyblack]

 and yeah of course, the higher the discretionary income, then the more extra cushion that a person has to not stress himself in regards to the ongoing amount put in and and also potentially not feeling that he is depriving himself by putting so much of his income into bitcoin rather than spending it. 

Surely, and that's why it still remains important and very much necessary folks who poor or not well to do financially seek for ways to increase there income, I mean sorting for other means of income to increase there discretion. Yea, as this will help them relax and not have to break there head while trying to increase there DCAing amount.

Starting out your investment in a poor state can be really challenging, as such investor will be faced with these tow major challenges, 1) ability to keep up with a consistent DCA buys weekly or monthly depending on your cash flow, 2) and the ability to also not tap from your investment. So, it will really help to boost the investor and his investment if they try to get an extra job that will sure bring extra or more income, at least, the investor can improve in his investment and then handle few other things without having to think a whole night

People should invest in bitcoin according to their abilities and from their Discretionary income, irrespective of their income. It is important that they should get started, later they can begin  searching for a job to improve there income and support their investments. If the sizes of incomes is all that matters,low income earners wouldn't have stacks of bitcoin stash today. What's is important is, as long as his able to figure out discretionary income from his income and use it to accumulate bitcoin consistently over the long term.

[Silikiem]

 and yeah of course, the higher the discretionary income, then the more extra cushion that a person has to not stress himself in regards to the ongoing amount put in and and also potentially not feeling that he is depriving himself by putting so much of his income into bitcoin rather than spending it. 

Surely, and that's why it still remains important and very much necessary folks who poor or not well to do financially seek for ways to increase there income, I mean sorting for other means of income to increase there discretion. Yea, as this will help them relax and not have to break there head while trying to increase there DCAing amount.

Starting out your investment in a poor state can be really challenging, as such investor will be faced with these tow major challenges, 1) ability to keep up with a consistent DCA buys weekly or monthly depending on your cash flow, 2) and the ability to also not tap from your investment. So, it will really help to boost the investor and his investment if they try to get an extra job that will sure bring extra or more income, at least, the investor can improve in his investment and then handle few other things without having to think a whole night

People should invest in bitcoin according to their abilities and from their Discretionary income, irrespective of their income. It is important that they should get started, later they can begin  searching for a job to improve there income and support their investments. If the sizes of incomes is all that matters,low income earners wouldn't have stacks of bitcoin stash today. What's is important is, as long as his able to figure out discretionary income from his income and use it to accumulate bitcoin consistently over the long term.

The best thing every individual can do for him/herself as far as bitcoin investment is concerned is to always buy bitcoin with a discretionary income. No matter the individuals level of income sources, it will be of a great benefit to always buy with a discretionary income in such a way that before you attempt to buy bitcoin and invest, you’ve already sorted out your other major primary financial obligations and then the remaining money with you can be used as a discretionary income where you can buy bitcoin from it, and even go as far as keeping some for your emergency funds. With this method you don’t have much to worry about in terms of holding bitcoin as this is the money you won’t be needing any time soon.

[Barikui1]

The best thing every individual can do for him/herself as far as bitcoin investment is concerned is to always buy bitcoin with a discretionary income. No matter the individuals level of income sources, it will be of a great benefit to always buy with a discretionary income in such a way that before you attempt to buy bitcoin and invest, you’ve already sorted out your other major primary financial obligations and then the remaining money with you can be used as a discretionary income where you can buy bitcoin from it, and even go as far as keeping some for your emergency funds. With this method you don’t have much to worry about in terms of holding bitcoin as this is the money you won’t be needing any time soon.

Any investment made in Bitcoin away from your discretionary income is pure gambling, their is no two ways about it, because you can't be investing with money meant for one or two of your basic needs and be expected not to temper with it or withdraw everything so as to address what the money used to invest was meant for, so it's an unhealthy practice all Bitcoin investment should stay away from because that's not an investment, but it's gambling.
Problem mostly arise when investors invest money that are meant for one of their basic needs, but when an investor invest only from his discretionary income, he will hardly miss a step unlike someone that invest money meant for his basic needs, the person has already failed because it's not an investment, but pure gambling.

[Alonso_]

 and yeah of course, the higher the discretionary income, then the more extra cushion that a person has to not stress himself in regards to the ongoing amount put in and and also potentially not feeling that he is depriving himself by putting so much of his income into bitcoin rather than spending it. 

Surely, and that's why it still remains important and very much necessary folks who poor or not well to do financially seek for ways to increase there income, I mean sorting for other means of income to increase there discretion. Yea, as this will help them relax and not have to break there head while trying to increase there DCAing amount.

Starting out your investment in a poor state can be really challenging, as such investor will be faced with these tow major challenges, 1) ability to keep up with a consistent DCA buys weekly or monthly depending on your cash flow, 2) and the ability to also not tap from your investment. So, it will really help to boost the investor and his investment if they try to get an extra job that will sure bring extra or more income, at least, the investor can improve in his investment and then handle few other things without having to think a whole night

People should invest in bitcoin according to their abilities and from their Discretionary income, irrespective of their income. It is important that they should get started, later they can begin  searching for a job to improve there income and support their investments. If the sizes of incomes is all that matters,low income earners wouldn't have stacks of bitcoin stash today. What's is important is, as long as his able to figure out discretionary income from his income and use it to accumulate bitcoin consistently over the long term.

You're very right about what you have said, it’s more sensitive to invest in bitcoin within our own abilities instead of looking at other people’s abilities and trying to follow their path which we might not really fit into which is why we should be more careful to invest within our discretionary income and also invest in our own means, I don’t really support the idea where people do take mortgages to buy bitcoin which I thing some individuals can be able to sustain that situation, others can also payback their loans but I wouldn’t really know if I should be taking loans to invest into bitcoin which is something I haven’t done during my journey of investing in bitcoin and I don’t think I will ever think about doing such, because i try to invest in bitcoin within my own means of my discretionary income, just like you have said the most important thing is figuring out our discretionary income and buying bitcoin consistently on a regular basis.

[Umulala-alala]

 and yeah of course, the higher the discretionary income, then the more extra cushion that a person has to not stress himself in regards to the ongoing amount put in and and also potentially not feeling that he is depriving himself by putting so much of his income into bitcoin rather than spending it.  

Surely, and that's why it still remains important and very much necessary folks who poor or not well to do financially seek for ways to increase there income, I mean sorting for other means of income to increase there discretion. Yea, as this will help them relax and not have to break there head while trying to increase there DCAing amount.

Starting out your investment in a poor state can be really challenging, as such investor will be faced with these tow major challenges, 1) ability to keep up with a consistent DCA buys weekly or monthly depending on your cash flow, 2) and the ability to also not tap from your investment. So, it will really help to boost the investor and his investment if they try to get an extra job that will sure bring extra or more income, at least, the investor can improve in his investment and then handle few other things without having to think a whole night

People should invest in bitcoin according to their abilities and from their Discretionary income, irrespective of their income. It is important that they should get started, later they can begin  searching for a job to improve there income and support their investments. If the sizes of incomes is all that matters,low income earners wouldn't have stacks of bitcoin stash today. What's is important is, as long as his able to figure out discretionary income from his income and use it to accumulate bitcoin consistently over the long term.

Getting started with your bitcoin investment is important if you have your discretionary income, low income earners can invest provided they have their little discretionary income, waiting to have enough money before getting can be a bit distracted, most BTC investor started small and gradually they keep increasing their financial strength so they can consistently be buying bitcoin and hodl for long.

[Cgrexp]

Getting started with your bitcoin investment is important if you have your discretionary income, low income earners can invest provided they have their little discretionary income, waiting to have enough money before getting can be a bit distracted, most BTC investor started small and gradually they keep increasing their financial strength so they can consistently be buying bitcoin and hodl for long.

It is better to start small than not investing at all. However, starting with small amounts should not be rushed. Because no matter how small the investment amount is, if there is no discretionary income, it will not be possible to continue the investment. Therefore, holding consistently will only make sense when you are able to continue investing without damaging your basic security. And Bitcoin investment requires more discretionary income, patience and mindset than a large amount of money. Starting with small amounts is the realistic and safe way because it will never lead you to financial self-destruction.

[PremiumcryptoHub]

and yeah of course, the higher the discretionary income, then the more extra cushion that a person has to not stress himself in regards to the ongoing amount put in and and also potentially not feeling that he is depriving himself by putting so much of his income into bitcoin rather than spending it.  

Surely, and that's why it still remains important and very much necessary folks who poor or not well to do financially seek for ways to increase there income, I mean sorting for other means of income to increase there discretion. Yea, as this will help them relax and not have to break there head while trying to increase there DCAing amount.

Starting out your investment in a poor state can be really challenging, as such investor will be faced with these tow major challenges, 1) ability to keep up with a consistent DCA buys weekly or monthly depending on your cash flow, 2) and the ability to also not tap from your investment. So, it will really help to boost the investor and his investment if they try to get an extra job that will sure bring extra or more income, at least, the investor can improve in his investment and then handle few other things without having to think a whole night

People should invest in bitcoin according to their abilities and from their Discretionary income, irrespective of their income. It is important that they should get started, later they can begin  searching for a job to improve there income and support their investments. If the sizes of incomes is all that matters,low income earners wouldn't have stacks of bitcoin stash today. What's is important is, as long as his able to figure out discretionary income from his income and use it to accumulate bitcoin consistently over the long term.

Literally, people should invest according to their ability and invest from their discretionary income, in my opinion, if a person has (10-20-25) dollars left over every month after completing their family maintenance, then he is a suitable person to invest and he can easily become investment-oriented because he has the ideal amount of cash to start investing.

We are realizing again and again that it does not take much money to start because if we can gain this knowledge that even with a small amount of money, a few thousand satoshis can be obtained, then there will be no misconception to start investing. Without thinking too much, once you start, you will be able to find a job to support your investment, so you have to earn a discretionary income and accumulate satoshis continuously and relentlessly.

[Scarlett_23]

yes it would really be a great challenge for someone who is poor to be able to hold bitcoin for long time like 5-10 years especially when they don't have a stable source of income. I think for such poor folks they should plan there investment in such a way that there buying of bitcoin won't hinder from attending to there expenses.

I do not really think so, especially if the poor person invested with his discretionary income, a steady income is not a guarantee to having discretionary income present and is not also a criteria for long term holding. If at some point the poor person does not have discretionary income for a period in time, the best shot for him is to stop buying and resume when he is sure he has discretionary income again to continue. Buying bitcoin with funds meant for your expenses just to fulfill your obligation to your portfolio would even put the portfolio in more jeopardy and it is very wrong, so it is important to only buy bitcoin with discretionary income, no matter how little it is, even if it is as little as $10 remaining after taking care of your expenses.

In terms of investment, one must invest from the income under consideration after meeting the basic needs and keep the money for investment and emergency fund from the income under consideration. However, if a person has no money for income under consideration after meeting the basic needs or has less than $10 left, then it is a bit difficult for him to invest. With such a small amount of money, he will not be able to set aside money for any emergency expenses or investment. In this case, he should increase his income so that he can keep the money for investment and emergency fund with the additional income.

[Sim_card]

In terms of investment, one must invest from the income under consideration after meeting the basic needs and keep the money for investment and emergency fund from the income under consideration. However, if a person has no money for income under consideration after meeting the basic needs or has less than $10 left, then it is a bit difficult for him to invest. With such a small amount of money, he will not be able to set aside money for any emergency expenses or investment. In this case, he should increase his income so that he can keep the money for investment and emergency fund with the additional income.

If you have less than $10 as your discretionary income, you can keep it till when you get paid again and add it to your new discretionary income when you get paid and start your bitcoin investment provided that the amount is up to $10 and above. Instead, of waiting till you get a second means of income.

It's not compulsory that a new investor should start with DCA when he's not capable of keeping it consistent and persistent overtime. He can start buying whenever, he has his discretionary income and work on improving his income by getting a second job or lear a skill to improve his financial situation so that he can invest constantly every week for 4-10 years and above with consistent and persistent.

[PhilosopherKing]

[Edite From)
If you have less than $10 as your discretionary income, you can keep it till when you get paid again and add it to your new discretionary income when you get paid and start your bitcoin investment provided that the amount is up to $10 and above. 

the thought of waiting for a increase in discretionary income before investing is as flawed as hell. what if your discretionary money never increases anytime soon does that mean that you should just be waiting instead of to be investing. If people keep messing around with the conviction of waiting for the perfect condition before they invest, then they will only be waiting for eternity for some though. even if your discretionary is not up to $10 or it's inconsistent, you can still start investing with that tiny inconsistent amount, while figuring out ways to increase your income, and when there is an increase in your income you can begin making the needed adjustments.

[Mr_Brilliant$]

 and yeah of course, the higher the discretionary income, then the more extra cushion that a person has to not stress himself in regards to the ongoing amount put in and and also potentially not feeling that he is depriving himself by putting so much of his income into bitcoin rather than spending it. 

Surely, and that's why it still remains important and very much necessary folks who poor or not well to do financially seek for ways to increase there income, I mean sorting for other means of income to increase there discretion. Yea, as this will help them relax and not have to break there head while trying to increase there DCAing amount.

Starting out your investment in a poor state can be really challenging, as such investor will be faced with these tow major challenges, 1) ability to keep up with a consistent DCA buys weekly or monthly depending on your cash flow, 2) and the ability to also not tap from your investment. So, it will really help to boost the investor and his investment if they try to get an extra job that will sure bring extra or more income, at least, the investor can improve in his investment and then handle few other things without having to think a whole night

People should invest in bitcoin according to their abilities and from their Discretionary income, irrespective of their income. It is important that they should get started, later they can begin  searching for a job to improve there income and support their investments. If the sizes of incomes is all that matters,low income earners wouldn't have stacks of bitcoin stash today. What's is important is, as long as his able to figure out discretionary income from his income and use it to accumulate bitcoin consistently over the long term.

You know, it is funny how a lot of people delay getting into Bitcoin because they think their income is too small, meanwhile time is passing them by...  It is really not about having big income, it is how disciplined you are with what you already earn..  Once someone can separate needs from wants and learn how to consistently keep aside even if it is a small discretionary amount, then they’re already ahead of many people who are earning plenty and doing nothing with it...

i feel starting early matters more than starting big.. You can always work on increasing income later, but building that habit of consistent accumulation is what really counts in the long run fr..  Many people holding good BTC today did not start rich, they just started early and stayed consistent...

[Cossyblack]

the thought of waiting for a increase in discretionary income before investing is as flawed as hell. what if your discretionary money never increases anytime soon does that mean that you should just be waiting instead of to be investing. If people keep messing around with the conviction of waiting for the perfect condition before they invest, then they will only be waiting for eternity for some though. even if your discretionary is not up to $10 or it's inconsistent, you can still start investing with that tiny inconsistent amount, while figuring out ways to increase your income, and when there is an increase in your income you can begin making the needed adjustments.

Is $10 not enough to start and if it can, don't wait, then buy right way. But if you consider it too small and want to top up the amount from when next your discretionary income is available, your investment would be delayed which is a reason you should invest right away. Don't over look your little start,even that little discretionary income when invested consistently over the long term will pay off. Stay committed and consistent and your bitcoin investments will grow over time.

[Nightwatchmare]

yes it would really be a great challenge for someone who is poor to be able to hold bitcoin for long time like 5-10 years especially when they don't have a stable source of income. I think for such poor folks they should plan there investment in such a way that there buying of bitcoin won't hinder from attending to there expenses.

It may seem difficult for you that poor folks cannot hold Bitcoin for 5-10 years, but if poor folks can figure out to invest in Bitcoin with discretionary income and they use a little percentage of their discretionary income to invest in Bitcoin, they can hold their Bitcoin for a long time like 5-10 years, and it will not hinder them from taking care of their day-to-day expenses. Even rich folks should also plan their Bitcoin investment in such a way that if they are buying Bitcoin, it will not affect them from solving their expenses because if they are reckless with their Bitcoin investment and it stops them from taking care of their expenses, they will not hold their Bitcoin for a long time.

[Abelly]

 and yeah of course, the higher the discretionary income, then the more extra cushion that a person has to not stress himself in regards to the ongoing amount put in and and also potentially not feeling that he is depriving himself by putting so much of his income into bitcoin rather than spending it. 

Surely, and that's why it still remains important and very much necessary folks who poor or not well to do financially seek for ways to increase there income, I mean sorting for other means of income to increase there discretion. Yea, as this will help them relax and not have to break there head while trying to increase there DCAing amount.

Starting out your investment in a poor state can be really challenging, as such investor will be faced with these tow major challenges, 1) ability to keep up with a consistent DCA buys weekly or monthly depending on your cash flow, 2) and the ability to also not tap from your investment. So, it will really help to boost the investor and his investment if they try to get an extra job that will sure bring extra or more income, at least, the investor can improve in his investment and then handle few other things without having to think a whole night

People should invest in bitcoin according to their abilities and from their Discretionary income, irrespective of their income. It is important that they should get started, later they can begin  searching for a job to improve there income and support their investments. If the sizes of incomes is all that matters,low income earners wouldn't have stacks of bitcoin stash today. What's is important is, as long as his able to figure out discretionary income from his income and use it to accumulate bitcoin consistently over the long term.

You know, it is funny how a lot of people delay getting into Bitcoin because they think their income is too small, meanwhile time is passing them by...  It is really not about having big income, it is how disciplined you are with what you already earn..  Once someone can separate needs from wants and learn how to consistently keep aside even if it is a small discretionary amount, then they’re already ahead of many people who are earning plenty and doing nothing with it...

i feel starting early matters more than starting big.. You can always work on increasing income later, but building that habit of consistent accumulation is what really counts in the long run fr..  Many people holding good BTC today did not start rich, they just started early and stayed consistent...

There are many people who think that in Bitcoin, the income is low but they may not know that,
With a Small income, A person can become something good one day, No one can say, suddenly he has become the owner of a lot of wealth. If someone gradually develops the habit of saving. If we see that those who have been holding BTC Since Before have become the owners of a lot of Wealth!