Quote from: Dailyscript on Today at 03:02:15 PM

Quote from: Mayor of ogba on October 16, 2024, 12:20:29 PM

Quote from: Pi-network314159 on October 13, 2024, 10:57:01 AM

If this proces is reapeted using $100 in replacement of $10 weekly as regard to fuck you status, the approximately $2500 will be $25000. Now obviously your success depends on your level of accumulation. Meaning the profit increase has not been added yet, if the profit should be added, it could amount to a Total of $30k or $35k

As far as bitcoin investment is concerned, every investor should invest in bitcoin according to how much their discretionary funds can allow them to invest in bitcoin. Even though we are investing in bitcoin, we ought to go on vacation, enjoy life, and learn about other people's way of life. Investors should not invest in bitcoin in a way that they will find it difficult to solve their daily expenses. If $10 is what he can afford to invest in bitcoin every week, encourage him to do better and don't condemn his effort in trying to be among those people who will hold bitcoin, and remember the goal of every investor accumulating bitcoin for long-term is to accumulate the quantity of bitcoin they want to hold no matter how many years it takes them to achieve it. As time goes on, he can work on his income so that there will be a good income flow at the end of every week or month, which will allow him to increase his weekly bitcoin accumulation money.

You're absolutely right here. All hands are not the same. At every point in time, it is necessary to understand how much our discretionary funds are after we receive our salary or get paid before investing. And only investors who calculate this properly can be able to. Some investor dont know what their discretionary income is till today. Apart from Bitcoin knowledge, they lack the level of education that affects them. And yes, Bitcoin is both for the literate and illiterate. As long as they know Bitcoin investment an investor must find a way, either by help from others to calculate his discretionary funds before investing.

I don't think that there's any illetrate who has income that will not be able to know how much will be his discretionary income at the end of the month, because no matter the level of your illetracy, you take care of your bills and monthly expenses which is a norm, because everyone can calculate money and understand how much they spend weekly or monthly. It is only the investor that wants to go into bitcoin investment that is in the right position to calculate how much is his discretionary income because any other person might do it wrongly, since you don't know the expenses of the person and our monthly expenses varies from month to month.

This is why I feel that it is only you that can figure out how much of your discretionary income that you can be using to buy bitcoin regularly with DCA in order for you be consistent and persistent to keep your bitcoin accumulation ongoing. This is the reason why financial management is good for whoever is investing in bitcoin for long term. No one from 18 years and above is an illetrate in spending money but we have a lot of people who lack financial management on their funds.

If you are someobe running a business that pays daily, record keeping is very important.