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.
I would think that if an investor comes to bitcoin with timeline that is 4-10 years or longer, then if he had been consistently buying bitcoin over at least a whole cycle, he may well start to see progress.
Sure progress is not guaranteed, yet at the same time, we could likely conclude that nothing positive is going to happen if investing into bitcoin is not at least attempted.
Sure everyone has to choose from his options of where to put his value, and it seems that bitcoin gives the best hope, even if it could take 4-10 years or longer before starting to really see meaningful progress.. and not even that is guaranteed.
Yes, to invest in bitcoin you don't always have to spend a lot of money, so everyone who has discretionary income can definitely invest in bitcoin, including people who are considered poor. So the most important thing here is a matter of strong initial intentions and careful planning. Because as JJG said, if someone consistently invests in Bitcoin for at least one cycle, it will certainly provide quite significant results. So, I think it's clear that poor people can definitely invest in bitcoin. Because if you think about it carefully, Bitcoin is one of the most suitable investment assets for almost all groups. Because if we look at other investment assets such as gold, shares or property, of course it requires a large amount of capital to be able to enter and invest in these investment assets. So it can be said that Bitcoin is here now, and can be a great opportunity for everyone. Therefore, if someone already knows about bitcoin, and has an income even though it is not large, I think it would be very good for that person to invest in bitcoin. Because basically don't look at the small amount invested (when you first collect money in Bitcoin) but keep thinking long and stay consistent. Because as the saying goes, little by little, but over time it can become a hill. So that's the point, we have to have strong intentions, careful planning, and good consistency. Because that kind of mindset and mentality will lead us to success, including in bitcoin investment.