Quote from: Wind_FURY on Today at 11:27:19 AM

Quote from: JoyMarsha on December 23, 2023, 09:34:15 PM

Quote from: Oneandpure on December 23, 2023, 06:16:13 PM

Have running almost one year with my investing bitcoin accumulation but I start around $150 every week and raise $600 in monthly for investing in bitcoin, wish have stable financial and keep consistency investing or accumulation as much possible in bitcoin until several years later.

The ideal time to run a DCA strategy is when an investor has a consistent cash inflow or outflow, and at that point, they can run the strategy for as long as they want, up to several years, with any weekly investment amount.

Without a reliable source of income, I doubt someone would invest in bitcoin on a weekly or monthly basis, much less being consistent over a year, if that were the case.

I have already posted about this before, but it's also very important for those people who are still single, with no/minimal responsibilities in life, to be reminded NOT to take their youth and being single for granted. Take it as an opporutnity to save portions of their salary and make a high-conviction investment/HODL in Bitcoin. They will definitely have higher probability for success because they could continue to HODL through the bear cycles without worrying much about their finances.

These are words coming from a wise man. I am very grateful for the enlightenment because so many people do not understand this little concept of life. Poor socialization and ignorance to secure the future while still young have affected the youths, in particular, these days. Ecclesiastics 3:3 says there is a time for everything under the heavens.

I believe being single is an opportunity to make informed decisions such as saving from the little we earn. There is no responsibility, obligation, or restriction to what we do. Because it is the right time to choose what we put money into. Bitcoin is a good start for single persons, after settling monthly bills, the rest money can be invested in Bitcoin and it is a wise choice.