Quote from: B2Z on Today at 02:38:48 PM

Bitcoin is definitely risky. Keeping that risk in mind, we have to invest in Bitcoin with caution.

Of course, due to volatility, we can say it's risky, which means their are some people who makes profit, and definitely others who make loss. We can say it is related to economics, so there is no big deal. Every investor chooses their own level of risk they can manage. There are some investors who invest massively with the knowledge of the risk involve, while others like me and you who chooses to accumulate in continuous small amount, maybe due to financial constraints or other factors. But the most important thing to understand is that we all have our financial capabilities and the level of risk we can manage.

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If we can invest carefully with a plan, we will definitely get a lot of profit from the investment, which will make us more interested in investing in the future.

Am not sure if investing in the future should be the right word, but rather investing for the future. Every investor we see now are already doing this for the future, and not planning on doing it in the future when Bitcoin might have surpass $100K. So, every discussion that has been stated in this thread are practically ways of accumulating now, for future purposes.

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Many times it is seen that many investors can't control their patience so patience is very important when it comes to Bitcoin, we must not lose patience, we have to invest patiently.

The whole patience ideology is correct, but I think we might start seeing the need to enforce patience only when we anticipate too much on our investment. When there is too much anticipation towards investment, it becomes a disturbance that sometimes tempts us in tampering with our investment.

An ideal way to make investment, is simply to draft out our investment plans(be it long term from our discussions), and chosing the method (be it DCA or any other way). The long term plan should have a year limit (maybe 8years), depending on the individual, while the method (DCA) should have amount limit (maybe $40/per month).

When all these strategies are in place, there won't be any form of anticipation because a year limit (8years) has already been set, because I see no reason why someone would be anticipating for an investment that he/she would be taking profit from in the next 8years, when he/she is still in the first year of investment.

One other way to kill this anticipation, is to have other source of income like I mentioned in my last reply. With other source of income, you will be able to live a regular life, rather than anticipate too much for an investment that suppose to last 8years or more.

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As you said that you can definitely save a lot of bitcoins before you get married but it is true because when you get married you will have a separate expense so you can definitely save a lot of bitcoins before marriage.

Before marriage seems to be a very good time, but who says you can't do that also after marriage?. Getting married comes with lots of responsibilities, but that shouldn't be an hindrance to one's investment life. Moreover, the person getting married will certainly give birth, which your investment can be helpful to the children just like most people do.