Quote from: Zanab247 on March 19, 2025, 05:10:54 PM

Quote from: BigBos on March 19, 2025, 04:26:26 PM

Quote from: Derekfunds on March 19, 2025, 04:03:02 PM

Quote from: ZeroVinsonN on March 18, 2025, 05:56:42 PM

Alot of people fail to realize that they don't need to buy 1 bitcoin to start their bitcoin investment, the price for 1btc is so high for alot of people that it just scares them away, if they only knew that they can buy their money's worth of bitcoin, and overtime, it will accumulate to an outstanding value that will make all their initial doubts and fears fly into the wind like ash.
Bitcoin investment is simply one step at a time, no rush, just gradual increase until you get to your target amount.

I totally agree with you, nowadays people think before they invest they must first have 1 BTC which is totally wrong, in fact you must not even have half of Bitcoin before they can start. However, I disagree with you on the point that the price of 1 Bitcoin is so high because Bitcoin is still at it earliest stage which means that Bitcoin is still growing and it also means that the value of Bitcoin now is still very small compare to what we will see in the future so you don't judge the value of something that is still growing at that particular instant especially not Bitcoin that has a very high potential that is why anyone who is investing should take it serious and shouldn't stop on the road because anyone who accumulate and hold for a long period of time will definitely smile.

If at the beginning we had to have 1 btc, then now we will not see many people who have btc in their wallets. I think those who have money will think again if it has to be like that, because there are other needs that we must fulfill in our daily lives. We can buy any amount of bitcoin according to our ability, and we can even do it every week or every month according to our ability. Now those who have bitcoin in their wallets also because they make purchases at specified times or do DCA, and slowly but surely every time the bitcoin we have increases.

Now that the price of BTC has hit higher to break into ATH for those that hodl 1BTC over some years to made massive profits from market, this bull run that happened early this year will encourage many people to buy BTC anytime because the next bull run will be higher than what we see in this long bull run. Even though you want to continue buying BTC, don't use all your money to buy BTC because you will not like what will happen next when you are facing some financial issues and the price of BTC is low in the market.

Even though the price of bitcoin is always increasing and not dipping, it is not even advisable to invest all your money into bitcoin because bitcoin is not a quick way to get rich soon, and if you invest all your money into bitcoin, it will lead you to sell your bitcoin when you can no longer sort out your daily expenses. The best way to go about bitcoin investment is when you invest with your discretionary income, which will allow you to comfortably be investing in bitcoin since your discretionary income is not allocated or meant to solve any of your daily expenses.

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Don't invest what you cannot afford to lose in BTC investment, you can divide your capital to buy BTC and when the price drop again you can still buy to make sure you have plenty of BTC in your wallet.

Instead of an investor reserving part of his accumulation money and waiting for a dip so that he can get the opportunity to increase his bitcoin portfolio, I would prefer the investor to use all the money and be accumulating bitcoin with the DCA strategy, which will allow him to be active in the market accumulating bitcoin rather than waiting for a dip he is not certain when it will happen, and the DCA strategy will allow him to buy the dip whenever it happens.