Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
woez
on 24/09/2023, 16:14:24 UTC
⭐ Merited by JayJuanGee (1)
Of course, we have individual discretion in terms of how much we might need to set aside for our BTC purchases, and even putting aside $10 week could cause people to suffer in a variety of ways, and some things might be easier to suffer through than others.
Yeah of course we have individual choices to decide on how much they are willing to set out for Bitcoin accumulation because is wise for people to invest based on there capital size which is one of the things to be consider, when we talk about investing $10 $20 weekly, it depends on what an individuals salary is because there are some persons investing $5 on a weekly basis can easily affect them at that point based on there salary intake, but perhaps in a case like that the person could program himself in a way that after all there expenditures and if they are still left with some funds and could take them throughout the coming month perhaps since the funds remaining on the reserve account is still enough they can strategize by channeling the next salary in accumulation were as they have a reserve funds that can sustain them to another month, using that method it could actually help someone that earn less salary to be able to accumulate some Bitcoin.

Indeed, when investing there is no pressure on how much you can afford. However, if we want a high ROI, it's a good idea to increase the DCA investment model in terms of installments and I think if one month is $10-20 it will feel like a long time. If possible, just inject a little more value, is it above $30-50 per each decline because I see BTC is still dreaming a lot. I think time is running out, if you want to increase the installment value of BTC purchases, maybe now is the time.