Investing is not a one day investment and you cannot gain everything from investing in one day. Investing is for long term, in case of long term investment only we need to invest more amount of money but not at all like that. For those who start investing with 50 dollars, 100 dollars or 200 dollars in the first situation, but starting investment is not wrong. If there was a rule in the field of investment that once an investment is made, the person cannot increase the investment, we would need more money to invest, but we can invest with a minimum amount of money and we can increase the amount of our investment if we want.
I started investing with less money now my investment amount is much higher. Investment amount increased so much not only profit from investment but I tried my best to increase investment amount and when I had money I invested in Bitcoin instead of saving the remaining money. Over the past few years, I have invested in the highest and lowest Bitcoin prices. I have invested during the highest prices, I have invested during the lowest Bitcoin prices, and I am still investing. Thinking about strategy in investing.
I agree with you about investing. It is a long term commitment and we can not expect to make money right away. Starting with a small amount of money is fine because it lets you learn about investing without risk too much. I m glad to hear that you started small and then added more money with time. It is impressive that you invest when Bitcoin was worth a lot and when it was worth low. It show that you are dedicated and willing to take smart risks.
And Investment is second name of long term. If you have invested so just wait for the best time. If you are you are trying to invest in short term so I think this is trading not an investment(long term investment).
Therefore, before we get to know or do research on the assets we will invest in, we must first understand the concept of investment. Everyone may be familiar with the word investment, but not everyone knows what the real meaning of investment is and the essence contained in it. After we understand that, then we start to understand the assets we will invest in, in this case bitcoin for example. It doesn't stop there, but we must have a long-term plan about the investments we make.
The basic thing to remember is, investing is not something that will make us instantly rich.
Anyone who came with the mentality to instantaneously double their money is like someone who is looking for Ponzi scheme were he would put some certain amount and received them back in couples of minutes which I know too well it doesn't end becoming scam at the later ends maybe it could be that such site has continuously be paying them but at some point there must be crash of site. In bitcoin investment there is nothing like "Instant rich" we must exercise that patient to wait for the maturity date or even having to wait at least 1 year to 4 years time before we could see something very pleasant with out investment.
That is to say after investment we go for more knowledge as we need a sufficient knowledge to know how to manage/guide our investment otherwise we might ends up wasting it when then time is not yet due. Though investment like bitcoin (especially cryptocurrency investment) requires more educational material on the security aspect of our investment to enable us be able hold long time.