Quote from: laijsica on Today at 10:23:39 AM

Quote from: CcnoutChopper19 on May 10, 2024, 11:02:49 PM

[edited out]

Building a decent-sized portfolio can take longer for middle- or lower-income people because of their large deficit in disposable income. Basically investing in BTC should encourage rather than discourage small or medium investors and deposit at least $10 if it can run and not have to withdraw midway. Maybe it will take them 10 years or more to reach a point - at least getting used to BTC investing. DCA is really difficult to manage due to the lack of consistency of expenses and excess cash supply compared to an individual's income, in addition to having a separate source of income in this case. But you may not have other options to increase your income or spend most of your day in your current job. I think in terms of investing, even if it's on a small scale or in small amounts, having the habit of accumulating your BTC by following the DCA method will allow your portfolio to grow over the years.

In traditional investment, it might take someone who saves/invests 10%-25% of his/her salary 30 to 40 years to reach fuck you status, and they surely might not even be able to make it to such status, but surely investing/saving still may well be better than not saving investing - even though sometimes keeping value in cash might end up having a negative effect if the cash is losing value at a much higher rate than it is being stacked, which frequently could be true.

Surely in bitcoin there seem to be greater chances that investing/saving at similar amounts would have good chances of having much greater payoffs, but it still does not mean that someone who would usually take 30-40 years would be able to reach such point in 10 years, and surely something like $10 per week might not even get a person very far, even in 10 years if it might be less than 1% of their income.. but yeah, putting value in bitcoin is probably going to still be better than nothing, and also relatively modest amounts might end up resulting in fairly decent advantages and options that would not have had existed without investing at all or having had invested in traditional investments rather than into bitcoin.. ..

so there can be a combination of factors that help to ensure that the investment (even if relatively small) will have greater chances of being meaningful over a decently long period of time, such as 10 years or longer, yet I am still suggesting that if someone is really not in a very good place in terms of discretionary income, they still might take way longer than 10 years to get to a place where they are able to transition from still accumulating BTC and maybe into some kind of a spending status.

Quote from: Tamaperdana on Today at 12:24:52 PM

For example, if we look at financial conditions, of course everyone in this world has different financial conditions, so of course an aggressive approach would not be recommended for people who have middle to lower financial conditions, because it would be too risky to do that.

Whimpy versus aggressive does not have to do with whether you are rich or poor, yet it is probably better to consider the matter of aggressive versus whimpy in terms of how much discretionary income you have and how much of it you dedicate to investing into bitcoin, so an aggressive person would strive towards investing a higher percentage than a whimpy person. Another thing is that any person could make errors in terms of measuring their finances, so it would be more likely that with a bit of practice, a person with more experience would be able to afford being more aggressive to the extent that s/he has had practice making sure that s/he is accurately measuring his/her finances and including having some systems in place such as emergency fund, reserves and/or float that might help to cushion if any errors were to be made.. so maybe it might be that the experienced person does not make any fewer errors than the newbie, but the experienced person has systems in place that are sufficient to cover any mistakes that might be made.. surely a pretty big error would be not having those kinds of back up funds in the first place, so that any error that ends up happening ends up causing that kind of ill-prepared person to have to dip into his/her bitcoin investment at a time that is not of his complete choosing.

Either poor people or rich people can be badly organized, even though surely, just by the categorization of being rich, it is more likely that even if the rich person is badly organized, he still might end up having various classifications of funds that can be used to give him options in terms of not getting himself into a position of having to dip into his bitcoin at a time that is other than his own choosing, so it may well end up taking a higher level of lack of organization for such a thing to happen to a rich person as compared to a poor person, so surely part of the point would be for anyone to attempt to have some organization, and surely if you have less to work with (meaning that you are poor), then it is more likely that if you are wanting to try to get ahead and make progress, the more important it would be for you to be organize and to put systems in place that help you to make sure that you do not have to dip into your bitcoin other than times of your own complete and voluntary choosing..

Quote from: Wind_FURY on Today at 03:09:42 PM

Quote from: Tamaperdana on Today at 12:24:52 PM

So in conclusion, investing in Bitcoin has many paths and many (complex) ways, depending on the situation of the person who wants to invest. And in my opinion, it doesn't matter how, or what path you take when you start investing in bitcoin, but the most important thing is to learn about bitcoin first.

My advice to newbies today is, buy at the DIP to get more units in Bitcoin as soon as possible, and study later. Let the greed guide you now and learn about it later. But I'm very confident that after a newbie starts to learn more and more, and goes deeper and deeper into his path, he/she will stay for the revolution. Many of us came here because of greed and stayed for other reasons, DEEPER reasons. Good luck on your journey my fellow plebs.

I hate to beat a dead horse even more dead, but you are asking for it.. Wind_FURY.. hahahahahaha

In other words, if you are a newbie to bitcoin.. no need to wait for any dip..

Get the fuck started as soon as possible, and think about price later.. maybe 1-2 years after you have been stacking sats for a while.. and studying along the way... .. but other than that.. it seems that I agree with what you are saying.