Fotoart on Nostr: That's ok if you don't have consistent income, in fact, what matters most is the ...

That's ok if you don't have consistent income, in fact, what matters most is the percent of the income you invest from the total... so even if the income varies, if you hold a consistent percentage towards investing (like the idea idea of "pay yourself first" or "10% off the top"), then you are being consistent. The idea behind systematic investment is non-emotional investing. If you are looking at the price first, then you are trading. If you look at how much you are willing to give up now to receive more in the future, then you're investing (in your future). While holding a consistent investing plan, like above, you then start to see the market differently when you are investing in something you believe has long term growth and wealth preservation. When the price is down from what you bought, you know it's on sale... when the price is up from when you bought, you know you are in profit... since all that matters is that it's up with good growth when you need it (in the future, 4 years for bitcoin minimum due to its programmed cycle), then it's a win win. Price doesn't matter anymore when you are systematically buying, only that you are staying true to your investment strategy... Thanks for the zaps! I'm happy to share my knowledge to whoever is interested, and it brings me a smile each time I realize it's valued!