Quote from: mamesso on Today at 08:39:40 AM

Quote from: Emmybit001 on May 16, 2024, 08:43:01 PM

As a young investors you don't need a million dollar before you investing I Bitcoin, you can start by investing $200,$300,$500 everyday for 2 or 3 years, and you'll be a millionaire, and I know today that is how most people start up there Bitcoin investment journey and today they are millionaires, so that is also a way for the young investors to start their investment journey, thank you.

Simply put, you are trying to explain the DCA technique for investing in Bitcoin regularly without caring about the price. An investment value of $200, $300 or $500 is too big for young investors. If the young investor you are referring to comes from a very rich family, maybe this figure is not too big for them. But those who are still starting to invest and don't have a permanent job, can invest any amount depending on the value of the funds they have. For investors who are just starting their journey in Bitcoin investment, using the DCA strategy will be better for them. There are many benefits to be gained in the future if they are able to set aside some of their money to invest regularly.

You are right. Some young investors cannot afford to invest $200, $300, or $500 in bitcoin because the price is too expensive. It is best for them to start small and observe how things go before increasing their cash in bitcoin investment before investing huge money on bitcoin, without knowing everything yet in bitcoin he can make them confused when the price is reducing price and some they invest any amount because they told them they will be profitable and when the price did not go as they expected and some they invest there all money that they can't afford to lose because they just heard is a good investment and they put all there funds they didn't know isn't making money once he crypto you need to leave it for while before you start generate profit on it. that is why you invest what you can leave for long time not to go invest what you will start selling as lose when you buy something that is more then your salary you receive and when you have problem and you don't have another choich, and when the price is down definitely you will sell it that way to resolve your problem, and you end at lose. is better you invest what you can leave for long term and when you are new the crypto investment start with small funs and see how he goes, that is why many people like using DCA.