Quote from: Salahmu on Today at 10:44:11 PM

Quote from: JayJuanGee on Today at 02:50:42 PM

Quote from: Sim_card on Today at 02:24:28 PM

Quote from: Negotiation on Today at 03:09:30 AM

Quote from: JayJuanGee on Today at 02:55:37 AM

Whether we are talking about shore term or long term, there is no guarantee of profit, yet I frequently like to suggest that we are not really investing unless we are planning to stay in at least a whole cycle...otherwise there is just an attempt to play the swing.. and even someone with a 4 year timeline might be trying to play the swing of the whole cycle.. which I would not really consider that to be investing either..

But any event, anyone who has been investing is advantaged by having had been investing... surely you are correct about that.

So then the next question for everyone else is that if they have not been investing, then they have to figure out if they are able to establish some kind of confidence regarding their disposable income and if they have any of their disposable income that they are able to allocate towards bitcoin.. even if it might ONLY be $10 per week... it is likely better than nothing.. but surely, I like to suggest $100 per week, even though I know that some people do not have that level of disposable income, so they just have to figure out how much disposable income they have and that they can allocate towards bitcoin in order to have good chances of having more options for themselves 4-10 years or longer down the road.

Well nice to for suggested, Your advice seems to work, but when a person has a weekly income of $100 or less, I think they should follow the DCA method and deposit at least $10 per week. After 10 years it will be seen that he has been able to make a good profit.

What I think is most important here is that if a person wants to invest even $10 per month, then after 10 years he will be different from others and profitable.[\b]

Bitcoin investment is not buying of candy, and you are investing for the future, because the value of bitcoin tends to move in an upward trend more than downward. This is why you must venture into something realistic, and worth sacrificing more for. $10 for one month like you said is $120 in a year and in 10 years, it is $1200. Is this the best you can do. How would you transfer your coins from an exchange to your private wallet, is it after 5yrs or 10yrs because your transaction output matters a lot. So that you don't end up having small output, and later in future if tx fees are high, you end up using almost all your profit, if not all for transaction fee, when you are ready to sell your bitcoin in the long run. I believe that as time goes on, and bitcoin price keeps increasing, your $10 will be worthless. This is because the unit it will buy you would hardly have any increase to your portfolio.

Big up mate, if you don't have much on you or cannot afford to invest in bitcoin because of low income, you should try to look for a second means of income to increase your total income or cut down your expenses, so that you will use the excess that you will not be needing for long to invest in bitcoin regularly through DCA. In ten years time, when you look at your portfolio, you will be proud that you increase your income, and used to reasonable amount to DCA regularly. Don't forget that the size of your bitcoin portfolio determines your profit.

Ultimately it is good for each of us to get our priorities straight, including that a lot of people fail/refuse to invest, and maybe they do not have opportunities to invest, so they may end up working their whole lives without really being able to stop because they don't have enough money to be able to stop or even to slow down without suffering from their lack of any kind of meaningful nestegg.

Bitcoin provides an opportunity for anyone and everyone to invest, even with a relatively small amount, but like you suggest Sim_card, there should be some kind of a meaningful amount in order for the outcome to have some kind of potential for meaningfully impacting the person.

You are right because so many people failed to realize the importance of investing on Bitcoin instead they are more focus on working, although I'm not disputing the fact that work is not good but one thing they would need to realize is that there would come a time in there lives when they will no longer have the strength again to continue working and perhaps they will start finding it very difficult to cope including so many other needs that would pressing, so this is actually the right moment for people to set there things right in other for them to have a sustainable live. However is just like the conversation I had with a friend that normally work for one certain company, so he told me that considering the nature of the work and his age that it would be a very wise decision to start diversifying some of his funds to Bitcoin investment for holding so that when the time comes when he Will no longer have the strength or being retired from the work he would have something to rely on, and that's the truth because Bitcoin present a very huge opportunity for people to utilize and become sustainable in the future.

Most persons realise this so late that investing is such a fail safe if thigns go wrong, and an asset like bitcoin that is so easy to invest in and if not the best asset right now to invest in, IMO even if they don't start start early to invest in bitcoin and they could still reach a state of having a very good stash in bitcoin if they are consistent enough and have a huge income that would allow for good allocations maybe about 25% minimum since the are so late in cause an allocation like 10% isn't bad but to reach a considerable amount of bitcoin and stash they would need to go a little bit aggressive to meet up with the time they have left and such decisions of how aggressive a person close to retirement should go or is at retirement should go is still want I don't have well figured cause I don't know his numbers and how much he is able to give out to investing without having to later sell all his allocations even before he has reached his appointed time for allocations.