I'm preparing for the college entrance exam to go to college, so I can't make money from working. I get about $100 of allowance from my father every month. I use all of them to buy bitcoin because I can use father's credit card for expenses such as food, clothes. I can buy Bitcoin on a satoshi basis every month, but when I see people buying Bitcoin basis on the internet, I feel like I'm too behind myself. Maybe they have a much higher income than me because they have a job. I think I can only invest $100 a month for the next year or two, would that be enough? I am worried about missing big bull market with halving and etf approval.
The amount invested in bitcoin always depend on the amount you have as income and the one you can set aside to invest in bitcoin. If you can afford $100 per month using DCA, you have made the right decision and you’ll see that in no time your savings have grown to $1K with this consistency.
Don’t feel pressured about what other people are investing in bitcoin, some have enough income than you while some must have taken a wrong step in buying those bitcoin to keep, either by loaned money or investing and making themself inconvenient living a normal life like others.