Topic: Building Stable Income Channel (Read 102 times)

What do you expect from a newbie. I wish you best of luck in your investment.

The fact is that it is easy to make a wise but very difficult to keep up with the resolution especially when the person is not ready to make that change, at most you can only pronounce it for some reasons but then keeping up with such resolutions still depends on you as individual keeping up with your promise and making sure that you make every use of the chances you have to make such resolutions comes into reality.


Most times, those who fail to keep up with their resolutions did so because at first, they did not make up their mind to follow up with those resolutions, a wise one once said, that change comes from within, so if you want to increase your source of income by creating an alternative, then you need to make up your mind to do it no matter the ugly and uneasy situation surrounding you as an individual.

I think one of the reasons people find it difficult to invest in bitcoin is because they have this feeling they are already too late and within the period of their contemplation whether to invest or not bitcoin pumps again. So basically it's almost like for every positive increase in price , there is a drop in their confidence.

Nevertheless based on your post I think DCA method of should do the trick for you. Also remember to keep your keys safe and make sure your security and privacy is your priority.

Continue with that water business while holding the BTC that you will have. If you have some money that you can use for DCAing Bitcoin, do it. Because not everyone has many source of income to be able to buy Bitcoin and they think that it is enough for them to rely on it. No, it's not enough so if someone invests on Bitcoin, they also need to have some stable income so that they can sustain their investment and at first they don't have to wholly rely on it. But the time will come that it will be worth it, many have seen that happen already to themselves. I wish your plan to be executed and do well.

It is good that you now want to correct last year's mistakes and have finally learned the lesson, waking up from your slumber. You are the one who determines how your future will be and the investment decisions that you want to take are likely the ones that will change your life and livelihood for the better.

I want to tell you that investing in Bitcoin will not be scary if you have good experiience and knowledge, have invested what you can afford to lose, and have a secondary source of income and if you are a long-term investor,, there is no need to worry about short-term price fluctuations... You need to be patient, study investments well, and focus on financial management, risk management, and the DCA strategy. This way, you can achieve good returns alongside your real-world investments in bottled water as diversifying investments is undoubtedly a wise decision.

Good for you and I hope your business becomes profitable for you but honestly we don't need to know which business you are going into especially when you aren't expecting us to patronise your business.
People fail to understand how to be anonymous, you can talk about investments without stating which investment you are going into.

The investment in bitcoin should be done carefully so that you don't run on a loss, you need to know the right time to buy and hold till the market is more favorable for sell, also, having other investments in place is a very lucrative idea, it makes one to have a multiple source of income as well as what can stand in for the other in case the expectation is cut short, there is still an alternative on ground to cover up the lapses, just try and learn more ab out bitcoin and how you could stand on a better edge for making profits over your investment decision.

You will is still assumed as one of the resolutions others have had and being awful that they fails to meet up with their anticipated goals
You will, I will, they will is far from being done so you should take that note and be obliged to make better different by keying in to the goals you have slated to achieve in this year 2025.
Well... I am wishing you a good luck to your dream of investing on Bitcoin and as you are also attentive to understand the flux of others with their sayings without being done, you have to buckle up so you don't also end up like them.

And I must tell you that what weakens people must to take possession on their Investments decisions is too much of unguaranteed hopes and relying on propels promises which at most turns out disappointed to them and then they regrets why they go slacked from their earlier plans.

The future would only hold the best for you when you plans for it and not just hope for it. Likely, Investing on Bitcoin would be that bold step for you seeing a financial confident against your future.

It is also advisable with to diversify your incomes especially to where you can keep on having a stable earning to solve your financial needs so you can give time to your Bitcoin investment to grow and yields you profits so that you don't have to sell at lost at urgent need of money.

Your determination to kick off the year by learning from past mistakes and diversifying your income—with plans to invest in Bitcoin despite its volatility and start a water business to meet everyday needs—is a proactive approach that can set you up for long-term success; careful planning, risk management, and thorough market research will be key.

What specific strategies are you considering for managing Bitcoin’s volatility, and how do you plan to differentiate your water business in a competitive market?

I believe, and correct me if i'm wrong, but all people drink water, a lot.
However, your message is clear, we should all start reflecting on past mistakes, and try to achieve steps towards sustainable passive income in 2025

Its good that you are thinking about getting passive income with Bitcoin since realistically speaking it needs patience before we can harvest the result of our investment with this coin. But since you are running a good business which for sure people need to buy everyday then provably that you are doing good since with that you may get a steady income flow that can help to make your investment on Bitcoin gets higher chance to succeed.

Also try to look for expanding your business and create another branch so that you can possibly grow not only your business but potential profit to get from those business you create. Opportunity is there and you need to take advantage with it while you are in good momentum.

Good for you OP that you decided to invest on business and BTC. Would you care to tell more about your investments, does pure water means that you invested in water purifier or you are trading with water filters?

Btw. I suggest you to move your topic to Offtopic section, or maybe Economics.

This year have actually kick started and many people will just end up with new year resolution, wishes and drafted dreams. Such mistakes will not happen to me again last year was horrible without investment. Reflect to your previous year and see your challenges, take a decision to have stream of income. As for me investing on BTC was scaring but I'm going to do it and take mind off its movement. I will also in pure water business because Africans drinks water a lot. Do well to start now and plan your year.