Quote from: Moreno233 on Today at 06:49:09 PM

Quote from: Wind_FURY on Today at 06:37:18 AM

Quote from: Findingnemo on March 21, 2025, 06:58:27 PM

That's just a rookie mistake, they just assume that it's always going to be up and up while the reality is different, creating a business is easy if they have capital but making it profitable is the real task and to get ROI it will be atleast 3-5 years on an average so the focus should be completely on that if we are talking about business that is just handled by ourselves.

It's due to the influence of social media motivational speakers, they just spit things without telling the real story behind it. And it made lot of people to think that I can do this, but at the end it's just that they dug their own grave.

If we think about it more clearly, if a person who wants to get a bank loan to start a business can work around, trick the bank, and diversify the funds to BUY BITCOIN, I believe that would have a higher probability of success to be in profit within FIVE YEARS than actually starting a business.

It's laughable because it's TRUE.

I don't agree with you that this is a smart move because you will just be sacrificing your peace of mind for that five years. The thought of paying back the loan can even make you sell the Bitcoin when you least expected to sell and that will defeat whatever you had wanted to achieve. The moment you buy Bitcoin with borrowed money, your mind will not be at rest which is something bad. Anything that steal your peace of mind is not great.

When I started using the DCA method to buy Bitcoin, I started experiencing some great deal of peace because I stopped panic buy and worrying about the price. This is why I have remain with the DCA method because it helped me deal with the emotional aspect of investing in Bitcoin and this is one of the most remarkable progress I have made in my Bitcoin accumulation. I will not want to go back to the era of being worked-up and sleepless nights monitoring the price so that I can pay back some loan.

Investing with debt is risky. In addition to the tension an investor has to face in the market downturn, it is even more painful when a loan is taken. That is why one should not take a loan. But if those who have proper ability for debt repayment and find a dip in investing in Bitcoin, then I think it will not be a big problem. However, if an investor has a prudent income and uses that money to deposit Bitcoin regularly using the DCA strategy, there is no better position than this. In this position, an investor can accumulate Bitcoin without any pressure. In the long run, he gets an opportunity to grow his portfolio and he does not have to be under financial pressure. That is why I also follow the DCA position. Bitcoin is volatile, so no one can predict when its price will increase or decrease. That's why an investor can get the most benefit by accumulating Bitcoin through regular buying.