Post
Topic
Board Bitcoin Discussion
Re: Would it be enough to buy 100 dollars worth of Bitcoin every month?
by
mirakal
on 13/12/2023, 22:58:55 UTC
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.
Buying bitcoin with $100 monthly is already a good amount for a student like you. You don't have to invest bigger than what you can afford to lose, as you are still dependent to your father and is still not making a stable amount of income. Invest on your own risk.

But I also have this question in mind if you are going to invest all your allowance, then where will you get the money that will be used for unexpected expenses?