Quote from: cxtreenal on Today at 02:27:51 PM

Quote from: Salahmu on Today at 09:33:26 AM

Quote from: Dailyscript on Today at 07:19:55 AM

Quote from: Sim_card on May 17, 2024, 09:33:52 PM

If you are poor and you feel that your monthly income is small for you to invest, just be serious and try to see how you can invest, you will see that if you are serious, you will begin to look into your income and expenses to see how you can squeeze out some extra funds from there, and that is when you will find out that you can have some extra funds in which you can use to invest, or because you are so serious to invest, you will cut down some expenses to have extra cash. Investing helps a poor or average man to have financial management compare to when he is not investing. This is why bitcoin is the best asset that a poor man can invest in as long as he has income, because he can buy bitcoin with little amount based on his own discretionary income.

It is only those that don't have a job or their income cannot take care of their monthly needs that cannot invest in bitcoin only if they look for additional income before they will. I pity for those rich people that don't want to invest in bitcoin because they will regret in the latter.

You have indeed say the right truth. People feel they are poor and they cannot afford to invest but when you look at their daily activities you found out they live lavish lives when they could limit those expenses and channel some money into investment. To be a successful investor one needs to avoid and abstain from certain things thus maintaining discipline. Apart from not having money left to invest there are serious negative effect of alcohol, smoking and other activities' on our investment.

Yeah that's true because is actually what most of the people who are poor normally feel when the fact is that their is no limits to the amount of Bitcoin they can possibly accumulate in the future through the little they have with consistent accumulation, however their is a possibility that those that even claim to be poor use to spend a lot of money on gambling, partying and spending too much on drinking, so if perhaps they could use some of those money to start investment it will do them more good because if we consider or sum the total money they normally spent on gambling it could be enough to start a weekly or monthly accumulation of Bitcoin but however is quite unfortunate that most people do not realize how much they are spending on the things that doesn't add value to their lives while their are more other opportunity they could diversify those money.

If poor people take a small amount of their minimum income as a strategy to accumulate bitcoins through DCA investment, it is possible to make a small profit at the end of the year. At the same time his special experience about DCA increased and gradually attracted investment.
Your idea that poor people waste money partying or drinking is not correct. In fact, many of the poor are so poor that they have to struggle to get enough food for themselves. However, there are classifications among the poor and as you describe there are many poor who are intentionally poor and have no say in reality. But awareness must be raised that habit of depositing bitcoins through DCA strategy needs to be developed to improve their fortunes and above all for the family.

There are many ways that a poor person can also invest in bitcoin, the money must not come in once, it might be money that he has to save up and then invest, if its too small to invest at once, it's better to invest what you have no matter how little it is than to sit back doing nothing cause bitcoin ain't waiting for nobody before it increases in price, if you are earning so little it's necessary that you should have a better income to take most advantage of investing but that can come right after you are already building with what you have little by little.

I've also noticed that anytime I don't have money to get something and you have to procastinate to a time I have more income, I also end up never buying cause if you look at it, no one is satisfied or feels that what he is earning is enough, so what I do is I start putting in money I to it at once and that way I'll get there faster. The issue is mostly not the strength of our income, it is from our cashflow management or at times we have so many expenses we have accumulated and we have to deal with them and then we see bitcoin as something that is not so important, to me if it's important you would make room to invest in bitcoin no matter how little you can spare.