Quote from: Pi-network314159 on August 21, 2024, 02:38:59 PM

Quote from: JayJuanGee on August 21, 2024, 12:08:43 AM

Quote from: Popkon6 on August 20, 2024, 03:48:52 PM

Quote from: SuperBitMan on August 20, 2024, 11:41:36 AM

[edited out]

But now by investing bitcoins in DCA method I am able to consolidate the funds and convert it into bitcoins, from here my future will go far and I will be self-sufficient. I invest between 5 and 9 dollars a week. My goal is that I try to keep my investment alive for several years.

I am glad that you are shooting towards buying BTC every week, and since your purchase amounts are so low, I hope that you have some kind of a system to make sure that your investment does not get eaten by transaction fees.

If you think about it, even after a year, your investment is ONLY going to be between about $260 to $520, yet I am not really poo-pooing the quantity in terms of you can ONLY do what you are able to do.. so you do the best that you can do.

You are right @jayjuanGee I thought as much too, despite we regularly talk about investing as little as we can, I think there is certainly a need to increase our investment in other not to spend majority on transaction fee since bitcoin is growing higher and becoming more expensive. It is possible that an investor who budget $5 a week on DCA can change his investment plan to $20 monthly to reduce his transaction fee or can decide to make it $15 in 2weeks in however way that can be ok because as time goes on btc will increase to an extent when $10 will not be even possible to invest due to high transaction fee.

There is no set rule that an investor can invest a small amount of money, the maximum amount that he can invest according to his shraddha. The bottom line here is whether he is investing regularly following the DCA method, no matter how big an amount he invests, it will depend on him. Those who are big investors basically invest with more money or formed money, but the person who is a small investor how to invest the accumulated money. That's why DCA method is the best and easiest method for both small and big investors, if you invest small amount regularly then your portfolio will be very heavy. The most valuable thing here is whether he has regularly participated in the investment.