Quote from: Hoximen7 on Today at 03:31:13 PM

Quote from: Salahmu on May 15, 2024, 06:03:54 PM

Quote from: BABY SHOES on May 15, 2024, 03:52:30 PM

Why think about investing if the finance is still unstable this will be a problem in the middle of the road and until whenever your investment will not run smoothly, but it is true that when they have earned additional income or a sufficient monthly salary then they can set aside to invest in bitcoin.

Actually one thing you should know about Bitcoin investment is that if you should wait till you get the amount of money you want in your bank account before investing you could end up not investing at all because the more you are waiting to get rich first that's actually the more expenses are compounding, although I no that you have your own decision to make but waiting to be completely financially stable could possibly take you a very long time before you can start accumulating Bitcoin.

You don't have to get huge amount of money before you can start investing on Bitcoin, however is not like everyone who are into Bitcoin now have a bank stored with huge amount of money but instead they started from somewhere and before they realize they had already gotten a good amount of Bitcoin on their portfolio, so I would advised you start from little through the use of DCA strategy and with time and consistency you could be surprised with how far you will go on your investment.

It is natural for some people whose finances are not stable or it can be said that they have minimal capital to accumulate money first, indeed for these people it is not easy, but if you have the desire and motivation you have, and work hard to invest in BTC one day you will succeed, there are many examples of people who are rich starting from small things, as long as we are consistent, let time tell how strong these people are and reap the results in the future, don't be too hasty because investing is risky.

Start collecting money if you think the capital target has been met, then invest using the DCA method, because it is easy to understand.

Anyone that has a minimal capital that he cannot have a discretionary income in which he can use to invest in bitcoin does not need to save for in other for him to have the money that he wants to use to buy bitcoin. This is because he cannot buy once and relax believing that he will make good profit from the little amount of bitcoin that he bought, and you are investing in a long term . He needs to continue buying regularly using DCA method in order to him to grow his bitcoin investment to a level. What that person needs to do is to look for another means of income, that he can use for his bitcoin investment and also for his emergency and reserve funds, why he uses his first job to take care of other important needs and expenses.

Apart from that I don't see how such person will be able to invest in bitcoin, because it will be a waste of time and like gambling because he is not prepared and does not have what it takes to start his bitcoin investment journey.