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.
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The decision you took was very correct. Especially regarding the loan you wanted to take, but was ultimately cancelled. Because investing in bitcoin with borrowed money is very risky. Whether it's borrowing from family or from the bank, everything is very risky. Because investments like Bitcoin can be said to have to start with very cold money. So, it is better to invest with the money you have, even with a small nominal amount, rather than investing with large amounts of money but the money is the result of loans, aka hot money.
Because we never know what Bitcoin will be like in the future. Even if you look at the current analysis, Bitcoin does have enormous potential to continue to experience growth. However, it would be very wise if we as bitcoin investors invest very carefully and reduce the risks.
So I totally agree with the decision you made in your bitcoin investment. Even if you invest a not too large amount every week (DCA). However, the money you use is really cold money that you can invest in a relaxed manner and you can prepare for the worst possibility (money will decrease/loss). And by consistently doing DCA every week, you will definitely enjoy the results in the future. So don't ever think that you are investing in Bitcoin with a small amount. Because as the saying goes, little by little over time it will become a hill. So you have to remain consistent, friend.