...In the case, DCA will not create any obstacles Instead, you can use the two methods at the same time and profit from trading You can improve Bitcoin using the DCA technique and enjoy a good result.
There is nothing wrong if a person wants to dedicate a certain portion of his income to trading, yet there would be preference for guys to figure out some kind of a meaningful trading budget and not to assume that his trading portion is going to be profitable.. yet there could be some value in learning trading techniques by exercising some budgetary constraints, such as 10% of the budget goes to trading and 90% goes to bitcoin investment.
Of course, guys need to attempt to account for their own individual budgetary and psychological circumstances in order to figure out some kind of systems that might allow them to learn how to trade and to practice such trading for a decently long time to be able to compare how trading does as compared to investing into bitcoin. Historically, it has been quite difficult to beat bitcoin investing with trading, especially over a couple of cycles, yet a person should be able to employ various trading, measuring and monitoring techniques to be able to assess the extent to which his trading might have possibilities to keeping up or doing better than straight forward bitcoin buying (investing) practices.
I surely don't recommend trading, yet each guy has to figure out his own balances, and to be able to live with the consequences of his choices. No one is going to save him from losing all of his trading portfolio, so if he is able to figure out reasonable systems to both preserve his trading portfolio and to grow it over long periods of time, then he likely is more skillful and/or lucky than the overwhelming majority of people who attempt to be profitable in trading.
You this guy, honestly you aren't learning, why would you even say that investment is not for everyone, it's only those that have a blood convenant with poverty that will say such a thing that investment is not for them,
The statement you mentioned is also not entirely correct. I want to know where you heard that poor people shouldn't invest, why they can't invest. We certainly know about the DCA investment method, which states that investments can be made with a small amount of money. So maybe those people will also be able to invest.
The idea of poverty is relative even though there is a generally accepted standard that try to define what poverty should be. I feel the proper definition of poverty is the inability to meet basic needs such as food, shelter, medication etc. If you don't have these basic needs, you have no business considering investing in Bitcoin because what you need is to find a job or a business that will help you survive first and leave you with surplus which is what you can make investment from.
It has been abundantly emphasized that the safe way to invest in Bitcoin is to only use discretionary income. If we do this, we would have already passed that discussion of poverty because anyone with discretionary income is definitely not poor even though we cannot say such is wealthy because it could be that he is comfortable and can set some funds aside for investment.
A guy could probably still be poor and even below poverty line and have discretionary income from time to time. Sure, if all income is going towards food, shelter and other basics, then he has no money left in order to buy bitcoin. So, the more important question does relate to whether he has any discretionary income or not, and sometimes even really poor people have some discretionary income, even though maybe not all of the time, and sure, maybe if they ONLY have discretionary income once every few months, then it may well be the case that they do not have enough discretionary income that they are able to invest into bitcoin and to have a 4-10 year or longer investment timeline, since any money that they are able to save, they have to put into their emergency funds which they are frequently unable to build and are regularly drawing from such emergency fund, so they have no spare money at all.
You this guy, honestly you aren't learning, why would you even say that investment is not for everyone, it's only those that have a blood convenant with poverty that will say such a thing that investment is not for them,
The statement you mentioned is also not entirely correct. I want to know where you heard that poor people shouldn't invest, why they can't invest. We certainly know about the DCA investment method, which states that investments can be made with a small amount of money. So maybe those people will also be able to invest.
Recently, Michael Saylor published Bitcoin 21 rules. From there, I will outline two rules that will help all of us understand that investing in Bitcoin is not too difficult for everyone.
8. Everyone gets Bitcoin at the price they deserve.
15. Bitcoin is for everyone.
https://x.com/saylor/status/1891492169409593715?t=P7mnv-7RRK7Ni6UhwmIsHQ&s=19If you are saying that business is not for everyone, it's quite understandable because not everyone has what it takes to run s business, but when it comes to investment, it's like making your money work for you, and Bitcoin investment falls into such category where you buy it, hold and let it grow overtime, since it's an asset that appreciate in value overtime.
Until now perhaps no one has said that trading is low risk, so it's true that trading is not for everyone. Actually find no difference between trading and gambling. Acquiring profit from these two can be a much more difficult task for everyone. But investing is not difficult for us, just need money and basic knowledge to do it.
Bitcoin Investment is open for everyone Yes, but not everyone can afford to invest. There are those who struggle to put food on the table and survive daily life . You can’t tell such a person to invest coz it’s advisable to use money you can afford to lose. If such a person you convince to invest (money he doesn’t have ) and there’s a negative feedback after he has starved to save up the money he invested what do you think will happen? Mind you bitcoin is not a get rich quick scheme that he can see profits as soon as possible. Saying bitcoin investment is not for everyone is very correct. It’s open to all if you can afford to, so don’t get sentimental on the matter.
I may be saying the same thing, but yes. Investing into Bitcoin is for everyone, yet there is a need to have discretionary income to be able to invest into it, and surely trading is an inferior way to approach bitcoin..and there can be risks to transact in bitcoin if a person might incur some extra expenses, . yet we are talking about investment versus trading in this thread... and, as far as investment goes, surely some folks are not able to invest because they are not able to generate enough discretionary income.. which means that they have to increase their income and/or decrease their expenses, which might be something that they are not able to do. So bitcoin ONLY becomes available to them once they are able to generate discretionary income.
There is another more indirect (and abstract) way that bitcoin is for everyone in terms of bitcoin making money systems more fair, so there are likely going to be some folks benefiting from bitcoin indirectly, even though they are not able to own bitcoin directly.