Quote from: cryptoaddictchie on October 25, 2024, 07:57:55 AM

Quote from: asarfiar on October 25, 2024, 06:35:42 AM

Yes you can make good profit, but if you have a portion of income per week like $40 per week you can invest $10 in bitcoins. This will reduce your financial risk which is much more bearable than months.

Well as long that $10 is not a burden on your part then go.

I think the transaction fees for buying bitcoin for $10 will be a burden. $1-2 fees will be 10-20% of your investment. Wouldn't that be a waste? It would be better to first save up to $50-100 and then invest.

You can, of course, use exchangers like bnance and in general, storing such insignificant amounts on them is also acceptable. But the withdrawal fees are still not comforting (in relation to the $10 investment).

Quote from: cryptoaddictchie on October 25, 2024, 07:57:55 AM

The thinf about investment mindset is, only put money you dont need for your every day used.

In addition to money for investments, it is necessary to have money/sources of money for everyday needs, as well as a reserve for emergency situations.

Quote from: cryptoaddictchie on October 25, 2024, 07:57:55 AM

Cause theres a chance that your dca or weekly buying could on downside, market never promise gain when you do this so you should also consider the chance of losing your money not just the good part of profit.

Not necessarily a loss of money, but even a temporary "freeze" in cryptocurrencies, which at current prices will be unprofitable to "extract" from investments. That's why it's better to hold on to the last 10 bucks for a burger, instead of buying bitcoin.

Any investment should only be made with excess money (be it $10 or $100).