Quote from: ginsan on May 05, 2024, 08:35:22 PM

Quote from: Tamaperdana on May 05, 2024, 02:21:58 PM

Starting an investment based on other people's ideas is certainly not good. Because, this action is considered to have no basis in itself. However, what I can summarize from Brother As-Son-As' explanation, it seems like he is only expressing his opinion, that he will follow the advice or knowledge he gets from everyone discussing on this forum to start investing in bitcoin. I think As-Son-As' opinion is not completely wrong. However, his impression of not having a stance makes his opinion a little less pleasant to read. And I also agree with Dailyscript's opinion, that the knowledge or insights contained in this thread still need to be filtered. Because everyone who wants to start investing in Bitcoin must have different readiness. Both in terms of money and mental. However, if you look at the contents of this thread. Actually, many members discussed DCA. And I think this technique is very good to use in bitcoin investment. Because one of the advantages of DCA in my opinion is that it doesn't really differentiate between the money or capital that must be invested (in terms of amount). This means that no matter how much money you have (as long as the amount can be sent to an exchange), as long as the money is cold, the DCA technique can definitely be used on bitcoin.

You can consider other people's ideas in adjusting your investment plan. If you already have your own plan then it is better for you to apply it in your investment journey. No one forces us to implement other people ideas because we are investing with our own money and we will decide. However, in this case everything needs good adaptation which we may not yet understand, so input from other people's ideas can open our horizons in investing in bitcoin.

Forcing yourself to consider other people's ideas in your investment journey can basically destroy the investment plans you have built for a long time. If you have a good planning framework supported by useful strategies, then go ahead and improve. I think this method is more challenging than hoping that other people's ideas will provide commensurate benefits for you, but as a decision maker you have the right to use whatever method you believe will produce return.

Quote from: ginsan on May 05, 2024, 08:35:22 PM

The best way is to accumulate bitcoin every week with the financial level we have, for example if you can afford $50 per week then buy it regularly until you feel satisfied with your bitcoin ownership.

Our investment goals have various meanings, starting from investing for old age for those who have passed the age of 50 years. And also for those aged 30 years and over, maybe they invest to make a profit and buy things they have dreamed of.

So far we have only bought and it is difficult to hold bitcoin for long, therefore we need ideas from other people regarding their explanations of how we can hold bitcoin longer.

Although the accumulation strategy is really useful when you are planning to build a portfolio, it is not an easy thing to implement when you are not supported by an established budget. Imagine how much someone would earn if you were to accumulate $50 a week and accumulate $200 a month, maybe $1500 a month assuming they set an accumulation budget of 13% to 14% in a month?

Of course we are not talking about the average person who earns more than $5000 in a month, but it is about those who want to accumulate with an income of less than $1000. It's difficult in my opinion, of course, but there is still a chance if they don't have many expense items every month.