Quote from: Jostern on April 19, 2025, 02:43:00 PM

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Quote from: Ojinga on April 19, 2025, 05:40:44 AM

In conclusion, DCA method of accumulating bitcoin solves this problem people think of over pricing and I will not have to tag those who bought bitcoin early as been lucky because they took risk and their risk paid off and that shouldn’t be classified as luck.
There might be several reasons why people miss out of bitcoin regardless of the market price and just as it is difficult for an average person to raise $85k to buy one bitcoin, so it was back then even when bitcoin was $1k and even below and that alone makes not not to judge anyone but rather encourage people to buy and hold for much more longer time.

Knowledge they said is power , even uptill now there are people with wrong mindset who feels that the price of bitcoin is too high for them to start accumulating bitcoin because they believe bitcoin can be purchased in a whole and not in fractions or stash however those with good understanding of bitcoin knows that it is possible to transact with bitcoin in fractions and since bitcoin can be accumulated in fractions it makes it possible for wide range of investors to have access to it.so it is possible for low income earner to accumulate bitcoin so long as the discretionary income is there ,the main focus should be on continuous accumulation of bitcoin to have a reasonable amount of stash in his portfolio

Well they can say that Bitcoin is expensive its because they don't know how to deal with it and maybe don't also know that they can buy at whatever amount they can afford.

Usually those people saying that are so skeptical especially that they don't have good knowledge about this coin. But for sure once they start to grab at least basic knowledge they provably would know that Bitcoin is not as expensive as what they think since there's still further more it can grow since potential of this coin doesn't stop there yet. Its really possible for low income to accumulate since anyone could start on the amount they can afford to spend. They should not only focus on consistent accumulation but also on how they can increase their income since if they succeed to achieve this then provably chance to win is provably high.

Most people who are interested in Bitcoin Investment, that feels that Investing in Bitcoin is expensive are people who do not have the Knowledge that they can actually buy bitcoin with a good financial plan of structuring with a small amount and continue to accumulate in large quantities, People with good understanding and knowledge of what bitcoin is all about and are ready to make investment would definitely know that you do not need a huge amount like 1k to 20k, You can actually try to invest small small and a good structured income to be able to stash and accumulate and get to overaccumulation with a mindset of hodl for long-term.

Anyone that says Bitcoin investment is expensive doesn't have the intention to invest and probably is just using that as an excuse to justify his reasons for not wanting to invest in Bitcoin. Anyone that truly wants to invest in bitcoin will be so determined that nothing could distract his intentions from starting an investment in bitcoin. You would see the seriousness in him,he will start making research to gather knowledge about bitcoin that will guides him and enable him setup the right plan for his bitcoin investments. Bitcoin investment can be expensive depending on the strategy you choose to use in accumulating your bitcoin and that's is why for a beginner that is just starting a Bitcoin investment,DCA strategy is the best to be considered because it's works well whether you're financially buoyant or not. With DCA strategy you can start accumulating Bitcoin weekly or monthly regardless of the price using your discretional income while at the same time, you're also planning on setting up an Emergency funds.The reason why discretional income is advisable to be used in Bitcoin investment is because,should Incase anything goes wrong in the future,you will not be affected of which am certain nothing will go wrong. It is certain that consistency with a long term plan to Hodl for the future is the key to a successful bitcoin investment.