Quote from: Jewan420 on April 15, 2024, 04:27:34 PM

Accumulating bitcoins has been my dream for a long time, but it never became possible due to lack of extra money. As I am a student it is not possible for me to earn extra money.

After many attempts I came up with a way that is possible for family prosperity and fulfilling my dreams. Being a student I am not able to get a job so after much thought an idea came up,
my father has some cultivable land which is about 20-22 percent.Where I plant some papaya seedlings, it is possible to sell papayas worth around $250-$300 per month from here as it is a high yielding papaya variety.

If I deposit $100 or $120 worth of bitcoins per month from here, how much will it benefit me? Is it right for me to invest more $ in Bitcoin than this? And should I invest the whole money in Bitcoin?

You once claimed that you lack extra money in your other posts, I hope you aren't trying to inconvenient yourself because you want to invest in Bitcoin? Can you live your normal life just as you used to if you start investing thus $100 per month on Bitcoin? These are questions you need to answer yourself.

Bitcoin investment is not something you will start now and expect big changes in few months, you need lots of commitment and patience, I really wish you started this at the beginning of the bear market which was in 2022, you would have done so great by now.

Yet, it is not too late now but if I am in your shoe and I am just starting out, the bear market is almost gone, and there is not a lot of time left, so I will invest the $100 every month but once Bitcoin makes a new ATH, over 100k per Bitcoin I will have no choice but to take my profit and wait till a new bear market comes again, then I will start the $100 buy in every month.

What I am trying to say is that 2022 was the best time to have started your $100 monthly DCA method.