Quote from: PremiumcryptoHub on January 08, 2025, 06:14:50 PM

Quote from: qurbanshah02 on January 08, 2025, 05:11:56 PM

Quote from: SmartCharpa on January 08, 2025, 04:45:35 PM

I'm not sure why qurbanshah02 is suggesting other things when there's nothing in this topic that compares Bitcoin to other investments. I see he is not new to this thread; perhaps his mind was not here while saying that, and on this thread, we talk about the way to concentrate on our accumulation, we aren't concerned if other coins do well in the future, we just concentrate on our holdings and believe in Bitcoin because it has been successful for many years.

Many people believe that other coins will perform the same as Bitcoin, however, at this time and in the near future, an investor will choose Bitcoin over other coins. Bitcoin investing is risky, but our chances of losing money are smaller than some newbies believe. Nobody wants to lose money while investing, which is why it is best to focus on Bitcoin accumulation utilizing the DCA methods to prevent any stories of losing money when investing in areas aside from Bitcoin.

the poor can't afford Bitcoin that why I said there is no coin that can succeed like Bitcoin. If possible the poor can invest their money there. Although you can invest money in Bitcoin you also know that the poor do not have enough money to buy even half a Bitcoin.

Can you guarantee that only rich people have invested in Bitcoin i.e buying Bitcoin and that poor people have never invested in Bitcoin? Your idea is completely wrong because if a person invests using DCA strategy then whether he is rich or poor he can invest. Anyone can now invest using DCA strategy as all it takes is a small amount of money and a little knowledge to invest in this method. But whether a person is rich or poor, he must have a source of income through which he will be able to continue investing.

Investing in Bitcoin doesn't mean you have to invest a huge amount of money all at once.Those who have such a mindset think that poor people cannot invest in Bitcoin. In fact, investing in Bitcoin does not require a large amount of money at the initial stage if the person uses the dollar cost averaging strategy in investing.

I would like to agree with your opinion. Because most people think that to invest in Bitcoin, they have to own a lot of money. In fact, this is not the case. Investing in Bitcoin is completely your own plan and personal desire. I know that the price of Bitcoin is very high, buying just one Bitcoin is nothing but a dream for the common man. But using the DCA method, anyone can buy some part of Bitcoin with a certain part of his monthly income, which will reach a good amount at the end of the year. I would like to tell you a little about how the common man can buy Bitcoin. Let's say that if a person's monthly income is 10 thousand, then if he invests only 2 thousand taka in Bitcoin from there, he will have 24 thousand taka at the end of the year. Again, if someone's monthly income is 20 thousand, if he deposits 4 thousand, he will have 36 thousand taka at the end of the year. In this way, everyone will invest according to their income ratio. Here, having a habit of regular investment is much more important than making big investments.