Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
bitzizzix
on 10/12/2024, 14:53:41 UTC
Actually, being poor does not mean that you will be deprived of Bitcoin investment, with proper planning and proper financial income and expenditure management, it is possible to achieve big goals in the long run by earning a little money and saving a little.
Even low income earners can invest in bitcoin, and the good part about bitcoin is that no amount of money is too small to invest, so even if you are a low income earner, then you can also accumulate bitcoin, even if we know that it’s not going to be much, just because you are not financially stable, but that doesn’t mean you can’t also invest in bitcoin, everything is just determination, and the little bitcoin you think you are holding today might be something massive later in the future, so don’t be discouraged even if you are able to hold just a little amount of bitcoin.

You are definitely correct, those are the encouraging words that are needed when embarking on Such a journey. A low income earner can always find a way around it, he can decide to DCA periodically depending on how he gets his income, but the problem always come with persistency as in most times they find it difficult to keep on keeping on because of their financial status, they kind of get discouraged at the long run, that is why we always encourage investors to be strong willed, because that is one of the principal keys to keep you going.
Those who have low incomes do not mean they cannot have or buy Bitcoin, it all depends on the seriousness and consistency in doing so. And DCA is a solution for those who have low incomes and you also buy Bitcoin in small amounts called Satoshi [1], satoshi is the term for the smallest unit of Bitcoin, so no matter how small it is done and according to your ability as long as you are serious and consistent in buying regularly and in the long term it will be big which will result in big profits when you sell it at the right time because the price of Bitcoin will definitely continue to rise in the long term and the price you buy now will multiply in value over time. And besides that you can also add to your purchases when you have extra money or money that you get unexpectedly, or you can look for additional income or side jobs that can help to increase your purchases. And all that depends on the serious intention in doing it and being motivated to get big profits so that your mediocre income is not an excuse, there are many ways you can do to make and increase your purchases regularly and as long as you do it in the long term with the DCA method it will definitely work. Wink