Many say that if we want to invest, use cold money so that if there is a decline at any time, we don't panic or sell at a loss because this often happens if a coin experiences a correction and people panic sell, if we have a permanent job we don't need to worry about selling the assets we invest in, I have a few tips that we must do before investing that I have applied at this time.
1. set aside money for daily needs
2. set aside money for emergencies
3. Invest with a ratio of 15/100 every month.
Don't always check your portfolio every time because it also greatly affects our mental health and thoughts.
Investing in Bitcoin is usually best done according to the DCA method, some of the methods you have adopted are included in the video format. If the investor wants to follow more additional rules, then of course these strategies are most important for an ideal investor to have. If an investor has bad habits, they can increase the amount of money in their investment by eliminating them, it is most important for us to know the processes of increasing Bitcoin quickly by investing usually weekly.
For this, we will set up an emergency fund and use money from this emergency fund to deal with various dangers, and all kinds of steps should be taken to sustain Bitcoin investment in the long term.
And in my opinion investing in Bitcoin is also safer than other coins such as ETH or Solana, because we know that in the future Bitcoin will be increasingly rare and its price will be more expensive so even though we set aside a small amount year after year we will feel the benefits in the future don't worry if Bitcoin experiences a decline because we can buy more at a cheaper price the most important thing is that we have prepared an emergency fund before investing and I am sure investors already understand this especially this year is the right time to invest before the 5th halving in 2028.
Many say that if we want to invest, use cold money so that if there is a decline at any time, we don't panic or sell at a loss because this often happens if a coin experiences a correction and people panic sell, if we have a permanent job we don't need to worry about selling the assets we invest in, I have a few tips that we must do before investing that I have applied at this time.
1. set aside money for daily needs
2. set aside money for emergencies
3. Invest with a ratio of 15/100 every month.
Don't always check your portfolio every time because it also greatly affects our mental health and thoughts.
If you think about the matter, any person who might choose to invest 15% per year into bitcoin would need right around 6.67 years for the amount of his bitcoin investment to have had reached 1 year of his salary, and so if bitcoin prices were to 10x from the amount that he had invested into bitcoin, then his portfolio would have reached fuck you status, based on spot price, yet it still may not have had reached fuck you status based on the 200-WMA.
Let's use your forum registration date, and let's presume that you started to invest into bitcoin at 15% of your income, and so if you make $35k per year, then $100 per week would be right around 15% since at that investment rate, you would end up investing around $5,200 per year.
So if you invested
7 years then you would have had invested $36,600, and you would have accumulated right around 7.6047 BTC Maybe this is unfair, since I am presuming the possibility that you might have had stopped investing after 7 years (which would have had been August 2023), even though right now, from my formulas, you would still have an ability to withdraw around
$34k per year from your investment since the 200-WMA value of your 7.6047 would be about $343k (and the spot price would be valued at $652k.
First of all thank you for calculating it in detail and yes it is true if we invest 15% it will take almost 7 years to reach our 1 salary per year in my opinion it does not matter how much money we invest the most important thing is we do not mind setting aside it every month or week because it is like our savings in the future. Let's say I earn (currently) $ 400 in a month and in a year I invest 15% of $ 4800 around $ 720. From a total of 7 years I managed to save $ 5040. After I saw the DCA calculator
the result like this Is my calculation correct?