Quote from: Bushdark on Today at 05:47:44 PM

Quote from: 2Pizza410000BTC on Today at 01:35:31 PM

Quote from: Ricardo11 on October 14, 2023, 01:10:33 PM

Since you don't have enough knowledge about investing in Bitcoin, do enough research and gather a lot of knowledge about investing before you invest. Everything you need to know about your investment. And before investing first prepare yourself for full investment. If you get a salary of $300 per month, if you invest $50 in bitcoins out of that, you can very well serve your family and all your personal expenses with $250. You don't need any exact time to buy bitcoins, if you invest in long term you will definitely get profit. Just invest for long term. If you continue to invest in Bitcoin in this way, you will surely achieve great success in life.
And good luck to you

Of course OP needs to invest for long term also he needs to grow the investment by investing in DCA method. Whenever OP invests in DCA method he has to hold the investment for long term. Here is OP's monthly income of $300, there is $250 for his household expenses and $50 to invest in Bitcoin. 50$ monthly investment is not bad. If he can invest regularly 50$ in Bitcoin and keep it for a long time then he will get big returns.

Investing $50 monthly on Bitcoin is not a bad idea since that is what we can afford. We don't need to be too curious to invest in Bitcoin when we know that we don't have the means. Investing in the market need to a little understand so that no matter what happens whether the market goes up or down, we would be able to make solid decisions and makes sure ww get things done as fast as possible.
If op keep investing $50 in the market for consecutive time, he would be surprised that in 20l years, he would made some good.profit from the market.

Yes it is correct that if we cannot afford to invest more than 50 dollars monthly then this $50 investment is very valuable to us. But if we can invest $50 using monthly dca method then after a long time we can see that we have many dollars accumulated here. From a middle class family it is not at all possible to invest without DCA method because we have no other means to invest except earning from here. If OP invests $50 monthly then after 20 years he will definitely have HUGE amount of dollars invested and if new ATH is created in the market he will get a lot of profit return from his investment.