Quote from: Zackz5000 on Today at 05:15:42 AM

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.

I totally agree with what you said I was just responding to someone who talked about spend money on bitcoin which led to the talk of investing in bitcoin. And anyway I'm new to this thread that why I talked about trading. I also say that bitcoin is a success coin and nothing else is as hard and successful as it. But I talked about other coins because it also mentioned poverty and 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.

Bitcoin investment is not only for the rich both parties (rich/poor) can invest in bitcoin their difference lies in their discretionary income the rich will have a higher discretionary income more then the poor and this will make the Rich to accumulate more Bitcoin than then the poor but that doesn't mean the poor won't still be accumulating Bitcoin he will as long as he has a discretionary income to do so and with the DCA strategy the poor can still be accumulating Bitcoin gradually he may not be able to buy half of bitcoin as you have said but gradually with the DCA strategy he can be buying Bitcoin small small either weekly or monthly irrespective of bitcoin price and still continue to hodl bitcoin for long.

So bitcoin investment is for both rich and poor people the difference only lyies on their discretionary income.

You are absolutely right Bitcoin investment is not just for the rich only but rather it is also for the poor but just as the name implies rich and poor, it is obvious that their capacity and capability will never be the same but the fact that the rich has money or has more advantage doesn't mean that the poor can not bit the rich in their investment if the rich doesn't take the right approach and doesn't know how to manage their investment. There are some rich people who doesn't know how to manage their finance and investment which sometimes they appears to be useless and random people but when we talk of poor we are not just taking about the third class only rather we are also talking about the second class which some of them can do even better than some rich people ( first class), investment is all about mindset and ambition and not just how rich one is.