Quote from: MusaPk on February 29, 2024, 06:24:45 PM

Quote from: JayJuanGee on February 29, 2024, 12:00:11 AM

how long you need to make this investment/principle last?

That's true that I am not a receipt of large sum of money and probably that's why I am saying that to me cash flow is an important factor so that I can decide how much I will invest in.
To the question you posed, I think I still have 20 to 25 years left before I think I will be too old for any further investments. I think if I can keep investing for next 6 to 7 years aggressively then I will be very much in good Hypo's

Well, usually timelines have to do with when you might need the money, and so there could be stages in which you are able to front load your investment in the beginning, so then by the time that you get 6-7 years in, then you might transition to investing in other things and maybe you don't quite need the money, so maybe you are anticipating that you might start to withdraw some of the money in a 20-25 year timeline. It is good to have some expectations that might go out quite a way into the future, even if you might not know specifics, and you can adjust your plans as you go, since they will also make more sense once you have various investments and you might consider which ones will you start to draw upon first, and so hopefully you would have something other than bitcoin to draw upon first, yet sometimes for practicality purposes, you might have less ability to draw on some of them prior to others.

Quote from: I_Anime on February 29, 2024, 11:40:00 PM

Quote from: MusaPk link=topic=5479211.msg63738636#msg63738636

That's true that I am not a receipt of large sum of money and probably that's why I am saying that to me cash flow is an important factor so that I can decide how much I will invest in.
To the question you posed, I think I still have 20 to 25 years left before I think I will be too old for any further investments. I think if I can keep investing for next 6 to 7 years aggressively then I will be very much in good Hypo's

That also reason why most people haven't invested in bitcoin yet ,because of their financial capability, for instance people that barely cover their expenses with their earning can't think of investing (funds they need to survive) . So having a good cash flow as already given a head start. And would also make your accumulating with DCA strategies or any other strategies More effective, Other things that matter in your investment is how frequent you are in your accumulating. Because the more you accumulating (aggressively) the more and faster your portfolio would grow expecially having a good cash flow, and Also you would need a good principles for you to be able to be patient, while holding for long.

Even when folks invest aggressively, sometimes it can seem like it takes a long time to build an investment, but after a while, it might start to seem that the amount of the investment is worth way more than the amount put in, and surely it helps to invest into something that appreciates in value.. Of course, historically bitcoin has appreciated greatly in value, but that past performance does not guarantee future results.. even though we still likely realize that bitcoin remains amongst the best of investments that is currently available in wide-spread ways to all people around the world - even if some people do have some difficulties accessing bitcoin without some effort on their part to either learn about it or to learn some technical matters, so that may well not exclude them financially from investing into it, even though it takes some effort and will power to set up plans to first invest and then second to aggressively invest upon learning what bitcoin is.

Maybe another widespread fallacy that is made regards the world's knowledge of bitcoin, which is not true that many people know what the fuck bitcoin is, even if more and more people have heard the word, but they still don't really know what bitcoin is because if they actually knew what bitcoin is, then more people would already taken action to actually have had bought bitcoin, and even though the bitcoin's price is pumping stupendously, there are overwhelming majority of people who have no access to bitcoin and they have not set up any account in which they can get it, so we are still very early in terms of both knowledge and adoption.