Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Lidger
on 31/12/2023, 12:12:33 UTC
I first started with a very small amount of money to invest in Bitcoin. I once decided to borrow $1000 from my family to invest in Bitcoin but later changed my mind.I changed that decision to the fact that I am connected to a job and get a certain amount of money from it every week I invest a day of money from it in bitcoins. I do masonry work from which I get fixed amount money every week. I take one day's worth of money I get every week from this masonry job and invest it in bitcoins. That is 5 dollars worth of bitcoins, that is 20 dollars worth of bitcoins per month. I am trying to invest in dollar cost averaging (DCA) method every month.

I have been accumulating bitcoins like this for about nine months. But I have decided that when my source of income increases I will invest more in Bitcoins. I intend to extend this investment method up to four years and will do so. People who don't have much money to invest in Bitcoin can invest in Bitcoin using Dollar Cost Averaging (DCA) method. I hope that if I invest in Bitcoin for the long term, I will never be disappointed.
You've proven that investing can be done if you have the mindset to invest, and that you don't have to have a big job or a big business to invest. 

You are a mason and you say your monthly income is $180.  By earning $180 every month, you are investing some amount of money regularly, besides taking care of your family. Many people can't take care of their family by earning 500 to 600 dollars every month, where you are taking care of your family and investing well with only 180 dollars income.  This type of investment looks like you don't have enough money to invest but your own willpower is enough.

Your life is regular and you spend your money regularly which is why you are thinking about your future and investing for it.  My advice for you is that since you have started investing, you should continue this investment and also try to work a little harder so that more money will be your income at the end of the month. The rest of the money you earn can be invested in Bitcoin if you want. If you can continue this investment consistently for a long time, your investment amount should not be less than that of a large investment. Investing every month will complete your step by step investment and it is positive for your investment.