Post
Topic
Board Beginners & Help
Re: DCA, the most convenient way to increase your bitcoin as an investor.
by
Cryptoprincess101
on 18/09/2024, 20:49:59 UTC
From when did you miss out on investing into BTC, Sim_card?  And from when did you start getting serious?  or more serious about investing into bitcoin?

Ahh..JJG, you are very early to bitcoin since you started your investment journey since 2013. I first heard about bitcoin 2017 and in 2018, I decided to know about bitcoin and I made research but couldn't get any encouraging information on how to go about my bitcoin investment because I never knew that I could start with very little amount. I got discouraged when I thought it was only through trading one can make profit from bitcoin because I know that it will be very complex and how will I go about it since I was working, so I erased the passion of knowing more about bitcoin or how to have bitcoin from my head because at that time down here in my country, it was difficult to know how to go about buying bitcoin.


hahahahaha.. Surely a lot of people have those kinds of erroneous thoughts, and really cannot really blame you for thinking like that, and surely each of us have had those kinds of mistakes in our thinking, and frequently we cannot realize the mistakes while we are making such mistakes.  Surely one of the great things is after we learn from our mistakes, then we become way more enlightened to not ONLY see a better direction, yet to see why we had been thinking wrongly in previous times, including abilities to empathize with others who may well be going through similar kinds of erroneous thinking.  Another thing many of us likely realize that we have to come to some of that enlightenment through our own passage of time, and sometimes it might help for others to show us how we are going wrong in our thinking, yet each of us still has to be ready, willing and able to accept such information... and perhaps also to change our practices, which surely is part of the power of DCA in terms of our changing our practices ends up changing our previous erroneous ways of thinking about how investments tend to work.

One of the things that causes this kind of situation is basically as a result of lack of interest because if @Sim_card developed interest when he got to know about it, he would have come across knowing that he can buy Bitcoin with any disposable income and not necessarily buying a whole Bitcoin. There are people who started investing with little amount and before they knew it they have already gotten a whole Bitcoin and even more but just like you said, we cannot blame anyone who knew about Bitcoin in the past and not convinced to invest because those days Bitcoin was still in the dark as the awareness wasn't the way it is now and only few people got the confidence to invest and now they are part of the millionaires in Bitcoin. As days goes that's how our knowledge in Bitcoin increases and there is no need for wishful thinking anymore as the opportunity of buying with the DCA has made investment in Bitcoin become as easy as it is.