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.
Of a truth, someone who has a time target of accumulating bitcoin for 4-10 years can see significant progress because apart from the price of bitcoin rising and his profits increasing, it's a good feeling to have a sizable stash of bitcoin within those accumulation times, depending on how much accumulation he has been able to make within those years.
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.
One of the problems some folks have while trying to start up an investment in bitcoin is being too conclusive about the end from the beginning. How can an investor draw conclusive of what may likely happen to their investment when an attempt is not even made to start. Being positive while making investment is very important even if in the end your fears still happen, you face them and restrategize on how to come back stronger. At least kill that feeling of fear that gives you negativity when trying to start an investment in bitcoin.
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.
Investing in bitcoin is never a waste ONLY if you can have a long-time target such that even if it takes more longer time to achieve your goals, you can be patient enough to wait till you have gotten to your destination. Even when there is no guarantee that you will see a significant progress in the long run, it will help give you a clearer understanding of what bitcoin investment is about, and you will have a lot of chances to fulfil your goals in the long term.