Quote from: Bravut on July 14, 2024, 02:59:12 PM

Quote from: adultcrypto on July 12, 2024, 09:34:58 PM

Quote from: Bravut on July 12, 2024, 05:47:54 PM

Quote from: Jewan420 on July 12, 2024, 04:50:12 PM

So, if you can achieve your goal with temporary hardship, if the goal is honest then you will definitely start getting results after achieving the goal. In case of Bitcoin investment, you take temporary pains to take your investment to a certain goal, after achieving the goal, you will start reaping the results from there.

I will view "Hardship, Pain" you say as the Price that investor/Bitcoiners who have low finance ends gotta pay to reach what they aim for. As I would always say that what differentiate some investor from others is there perception about Bitcoin... For an investor that values it such investor will create and align with system that can help him to reach this goal while the other tries to gamble, chill out, call Bitcoin scam, etc.

I have a little different approach to bitcoin from yours. It was before I was thinking in your direction but now a lot have changed for the better and I can boldly say that I am enjoying the process more. Before, I had this mindset that I had to deny myself everything, even cut down on the quality of food and other basic needs to be able to invest in bitcoin. I think this approach is not the best as it will make the journey stressful and full of fear. It is never wise to pay unbearable price to invest in bitcoin so that the aim of the investment is not defeated. There is nothing bad with investing little amount per time instead of starving yourself to buy bitcoin. As little as $15 per week, which is affordable for anyone with a good source of income, and spread across several years will yield something vey big.

Well said. I never talked neither did my writing propagate starvation, denial of basic needs. I believe strongly if anybody wanna invest and probably is a low income earner such person can cut down or budget his spendings properly in cases like; Buying 1 pizza pack instead of 2 again, etc this will go along way to shape him to be able to consistently DCA and accumulate more Bitcoin.

You don't need to deny yourself anything, or live a substandard life before investing in Bitcoin, that's why it is a great advise to use disposable incomes, funds you can do without, above all what you are willing to lose and while DCAing use the amount you can afford effortlessly that wouldn't interfere with your day-to-day activities as I always say.

Furthermore, there is difference between Needs and Wants, as well as Scale of Preference to ensure we work with the most prioritised project. I believe you understand what I implied and not context it to something else.

The problem with some investors is just fear of losing because they don't trust the process and they follow their investments with a wrong approach and mentality. Investing in Bitcoin does not mean you must focus all your energy (life earning in Bitcoin) every one can accumulate gradually without it affecting some other areas of life. Some people thinks that Bitcoin supply will just end so soon that's why some people do panic buying which affects other life obligations and when they feel it is becoming unbearable, they fall back to panic selling either due to the fact that they don't discretionary amount set aside to attend to their basic needs of life. Bitcoin is an opportunity asset that instead of spending money on gratuitous things, you use it to buy Bitcoin and this is where the disposable amount comes in.