Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Hatchy
on 01/11/2023, 05:55:26 UTC
⭐ Merited by JayJuanGee (1)
Some people thinks that they must have a good income or a big capital to invest and they will keep wasting their time waiting for that right time, of which they don't know that it better to start investing with the little that they have now and plan to look for a means to increase their income. Bitcoin is seen as a safe haven in future when you invest in a long term with regular DCA to increase your bitcoin, and if a newbie believes in this he will definitely invest

To be sincere, Bitcoin investment has been the only investment so far that allows even the poor or average person to accumulate or invest their money on. compared to other investment like Real estate, precious metals, stock where you need large amount of money or funds to start with, you can start accumulating or investing in Bitcoin using smaller capitals and many investment strategies. not everyone can buy stock or precious metals. for someone earning an average of 100$ a month, if he really wants to invest he probably can start with just 10% and that's about 10$. if he can keep up with this monthly investment of 10 dollars, he probably will be saving a 100$ or more in a period of 10 months. I don't see that as a small start up. in the long run, when he probably gets a raise let say 200$ increasing his monthly investment by another 10%.

Bitcoin is here to save the poor from hardship through the opportunity that it has offer for one to invest into it. Bitcoin is a different investment from others abs only need little capital to invest. Anyone that understands this will gladly assign some fraction from his income to invest, or look for a way that they can increase their income, if what they are earning wouldn't be enough to take care of their responsibilities and also invest in bitcoin.
Understanding the difference between saving someone from poverty and assisting someone who is financially stable is crucial. Bitcoin offers an opportunity for individuals to invest small amounts, but it doesn't guarantee an escape from poverty without an investment. The returns from Bitcoin depend on the amount invested, influencing the long-term profits. Expecting significant returns without an initial investment isn't realistic. Straining to invest in Bitcoin while your regular income can't cover your basic needs for yourself and your family isn't advisable. However, it's never too late to invest in Bitcoin. it can be done when there's some extra money and a willingness to invest.