Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Samlucky O
on 12/05/2024, 08:43:38 UTC

Of course, in recent times, I had been emphasizing $10 per week as a kind of absolute minimum and $100 per week as a more reasonable target, yet of course, there are folks who may well not even be able to do $10 per week or even $10 per month because they have no or almost no disposable income.. So for anyone who does not have any or hardly any disposable income, it may well be quite difficult to justify investing in bitcoin or anything else..
the only way it could be possible to increase your level of discretionary is having a higher paying job to be able to increase your investment strategy just as I assumed earlier.
and so they are in a position in which they have to try to figure out if they are able to and/or how to increase their disposable income, even if it is merely getting up to a point that they are able to start to set aside $10 per month or some other reasonable amount  - and to be able to set such an amount aside for 4-10 years or longer (if they are wanting to take it out of cash and put it into bitcoin), so they are not going to necessarily be disadvantaged because of their being so poor as long as once they decide to commit some quantity to bitcoin,
yea they might not be disadvantaged by there poor investment in bitcoin but that is a very low strategy of investment. investing $10 per month can be as less as No coiner. but surely it depends on a persons ability to invest base on his discretion or floats  and I can't call it a poor or wrong approach since he is surely not overdoing it. but people should know that as time goes on, so do bitcoin increase in value and a point will come when the fraction you  buy will be some numbers of SATs which may amount to nothing and may not increase in value as though. because your level of bitcoin growth depends on the level of bitcoin in your possession which you where fortunate to have afforded in a low price. for example a person that Bought 1 bitcoin at $10k per each around 2019, and a person that Baugh same bitcoin in 2024 at 1 bitcoin $60k you will see that as of today, the earliest buyer who bought at $10k is advantaged of about $50k profit, while a new investor who baught 1 bitcoin at $60k now will have to wait for long to be able to make a profit of X5 or X10as compeard to the earlier investor. so increasing our Level of accumulation help us  to be advantageous. though I know that buying earlier does not guarantee anything because you@JJG once said that even if we buy earlier, the price of bitcoin may fall and new investors maybe advantaged to buy more. but that doesn't mean we can't take advantage of buying more now. because some opportunities may never be goten after they have surely pass that stage.  I know we all are investing in what we can afford to lose or Investing in a way we are surely not overdoing it. but I think there is a need to take advantage of bitcoin dip in price by increasing our level of accumulation, to be able to make more profit in the future.

they recognize and appreciate that they are putting that amount aside (and out of reach) for 4-10 years or longer, which likely means that they have to build their emergency fund at the same time and even get to a point that they have reserves and a float.. which largely means that they might have to struggle to figure out if and how they are able to increase their disposable income and how much they are able to put away.. and none of this is easy for anyone who is living on the edge of barely having enough of an income to cover all expenses, and if they are never able to get to a poiont that they are able to have a bit extra to put into bitcoin, then they likely will not be able to invest into bitcoin.. which disposable income happens to be a requirement for being able to invest in bitcoin. and the only other way to accomplish it, would be to receive a lump sum - such as robbing a bank (not promoting the commission of crimes) (which is also like a form of disposable income  - because it ends up being extra beyond the needs for expenses). 
surly lump sum is the best way to invest for such person who doesn't figure out a way of investing regularly due to lack of inregular fund to be able to maintain his DCA strategy or monthly $10 as you guest. if he can invest lump sum once in a month with a tangible amount and also have a little discretion fund to support his investment, it will be better.