Quote from: Hewlet on Today at 11:23:39 AM

Quote from: Uhwuchukwu53 on Today at 11:01:53 AM

Quote from: Justbillywitt on Today at 09:40:12 AM

What is the stress in buying bitcoin on a weekly or monthly basis utilizing DCA method? It's not like doing a hard job, for crying out loud I'm not even going to pick a pin. All I need is my device and a stable network and it won't take more than 5 minutes to set up my buy order if I am buying from a centralized exchange. Bro there is no pressure there, not that am doing it under duress or gun point, so there is nothing to worry about. So are you telling me that people who invest in bitcoin don't have other real life business that they are managing, if that's your thinking then you are wrong. I can invest in bitcoin with different strategies and still run my real life business without any complications. Many people are doing it. We are not sitting down and breastfeeding our bitcoin investment, so I don't see what will cause me any unrest. I don't really understand what you mean by if I can't meet up the market. If my funds are available I will surely meet up, because bitcoin never sleeps.

Just that you misinterpreted my angle unrest is the financial stressed up where one will be struggling to meet up the funding as others responsibility will be calling to cut there share on the income you receive as many but where as the income is sufficient I think all you need is dedication, beside we have some individual difference's in regards to self discipline and fulfilling task what seem difficult to carryout by A may be very simple for B.

wether you choose to invest in Bitcoin or not, pressure and what you call unrest will certainly come. It's very much a part of life and you have to always have that at the back of your mind. What's expected of you is to make the right plan that will protect your investment in times of those unrest and that's why we always talk about keeping our emergency funds that will become of use at such instance.

As long as you're holding for the long term, there will come moments when you will fall sick, become a bit financially down, face a bill that's above your budget or face unplanned event that's going to outweigh your income and in those instances, your emergency funds should come through for you and after you've past those momentary set back and things goes back to normal, you can still to add up to your emergency fund such that it gets back to an amount that's comfortable for you. And regardless of the individuals ability or inability to coping with financial setbacks, the general knowledge is that set backs is part of life that can't be avoided but planned for such that when they eventually come, it doesn't meet us unaware and end up distorting all our plan. If you are selling your holding because you are sick or you're facing a minor challenge, then you're definitely not ready for long term holding.

You really tried in giving a concise explanation to him and just like you said whether anyone chooses to make investments or not there will always be times when things will be rough and difficult or a time when your earnings may not be coming as before that is why we have to plan with the little we have because the main reasons why we are making these investments is to have an easy way in the future when things may not really be working as it use to.

People should have this mentality of forgetting about any amount they used for investment within the short run and be more concerned about how to increase their earnings in order to back up their investments because if you don't remove your mind from your investments, you will keep on having access to use it all the time and before you know it, all your holdings are gone which is a very wrong approach during investments. I used to set an amount that stand a the least I can get like if I have like $500 in my account I do feel like am broke and I don't touch the money except I have been able to get a way of earning again, I prefer borrowing from friends than touch that amount that I have kept for future purposes so that is also same way investments should be followed and bitcoin investment is something that has every possibility of gaining in the long run so halving a reserved and emergency funds to back up your investment in order not to touch your holdings is important.