Quote from: Raflesia on December 13, 2024, 07:34:41 PM

Quote from: DubemIfedigbo001 on December 13, 2024, 03:01:59 PM

Quote from: As-Soon-As on December 13, 2024, 08:59:08 AM

To survive in life, money is definitely needed, but I think the remaining money after meeting the basic needs of your family is definitely alive. However, there is no remaining or specific money allocation for investing in Bitcoin, there is enough level of investment that you can invest according to your ability. However, you should never see it as a burden, Bitcoin investment never asks you to invest more.
You will be interested in investing in Bitcoin according to your ability, but for it to last for a long time, you must use the DCA method. There is a calm strategy for investing in Bitcoin for both the rich and the poor, in which both new and old, rich and poor can invest here. So you should keep yourself busy only to buy Bitcoin.

You must not use DCA method, but whatever method applies to you at any point. We're in Christmas and most workers here receive handsome Christmas bonus attached to their pay, such a person can decide to front load with those benefits since it might be considered his discretionary income.

A poor person can hit a jackpot from lottery, or thereabout and have a lot of discretionary income at his disposal and in that case, it's better to lump sum rather than keeping the money and possibly ending up using it for unnecessary frivolities. At every point in time, it's very important to appraise yourself and determine the best accumulation strategy to employ in your journey as long as you don't get overly aggressive which is sometimes detrimental. The goal remains having more stashes of Bitcoin in your portfolio and hitting your accumulation target faster.

Why not? Because in the end everything can still be done and it does not mean that even poor people cannot do DCA because in the end as long as they can manage the income they have well in the end they can still do it even though maybe the nominal is not too big for DCA size.

Because in the end waiting also for now is not the right reason because it only delays them to be in bitcoin which could be a regret in the end and does not mean buying now is also said to be someone who is aggressive because after all the long term is a momentum that still has to be taken into account so that the longer you wait for the purchase, the longer you will be in bitcoin later, seeing that it would be better if done from now on while continuing to think about how we can continue to maintain the momentum of buying again and again with the money they get every month.
Although I will not say that waiting is wrong but in the end priorities must still come first so instead of you being tired of waiting for uncertainty it would be better to immediately adopt bitcoin while continuing to learn from now on for a possible future that will be much better.

I've been away from this talk for a day or two now. Going through the previous conversations, all I see is people willing to quench doubts and focus on reality of the future. Few days back while bitcoin was at 98k, I was discussing with a friend who was actually waiting for it to fall further before he can invest.
I tried to let him understand that every stage of bitcoin is a an investment stage and has potentials on long term investment if you can hold decisively. Today bitcoin has risen again above 104k. Buying bitcoin is the goal, not selling it. Infact selling of bitcoin can only be a last resort when it involves life. Let's make it a buy buy run and not a sell sell short term venture.