Post
Topic
Board Speculation
Re: Come to think of it?
by
Zanab247
on 27/03/2025, 10:47:38 UTC
but come to think of it, those little amount of money that you want to be keeping as savings why not use it and invest in BTC continuously becaus that money you want to keep as savings can also be called your (discretionary income)  rather than keeping it in a bank as savings which will not bring you profit in return, why not use the money and be  buying BTC and hold it for long period of time, no money is too small to be  invest.
It is wise to start investing after doing a thorough study about Bitcoin. If you do not get the right information about Bitcoin, you will not be able to invest for a long time. You will be scared by the downward trend of Bitcoin. However, if you start investing in Bitcoin from the downward market, you will be able to profit a lot after a certain period of time.

However, remember, Bitcoin is not a scheme to become rich by investing in the short term.

I'm sure if you wanted to invest a small amount you wouldn't be thinking of cashing it out after it grows like 2% within a month. for small amount to gain a considerable amount of profit, you would need the price of BTC  to climb more than 400k or more so when you have small amount just forget it on your wallet. Withdraw them if you really needed such as small amount.

But why invest small when you can do bigger by DCAing as most people would suggest.
Invest what you can afford to lose in BTC investment, and if you use small amount of money to buy BTC and hodl, I guess you will make a good decision that will open your eyes to see more opportunity in BTC investment. Just know how to hodl BTC for a long years before you can sell or trade, because it will boost your profit because the price of BTC don't remain in a particular price in five years and it can pump and dump for people to take advantage of the market.

Going into DCA method to accumulate BTC, you must have source of income because that is the only thing that will make you to continue to buy BTC without selling BTC on time.