Quote from: POPOLUV on Today at 08:38:20 AM

Quote from: JayJuanGee on Today at 02:22:15 AM

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This reminds me from the day one i joined this thread i was really confused and i didn't know were to start because after i have perus in so many posts, i came to realize that investment process is never easy, that is a thing that go alongside with patient and having a steady cash flow in order to be able to build Bitcoin portfolio.

And also from the start, i could remember that sometimes i do quote off topics but with my constant practice on this thread i have been improve in my system at a time, and i believe that learning is a everyday activities so I'm willing to learn when ever I'm looking wrong.

I will say the steady cash flow can determine how you can invest Bitcoin, either $10 per day or $20 weekly or monthly, one thing for sure is to be patient and surely you will get to top of it.

I find this last statement from you to be bordering on the idea of whether investing into bitcoin is guaranteed or not, and surely, many of us recognize and appreciate that investing into bitcoin is not guaranteed, yet at the same time, we can recognize and appreciate that if we are taking actions in regards to matters that are under our control, such as putting in place and practicing good cashflow management skills while at the same time persistently investing into bitcoin through regular buys, then surely the odds would be in our favor that our life would improve, whether the specifics of our bitcoin investing is successful or not.

Bitcoin's performance becomes a kind of bonus on top of the various other ways that we benefit from putting into place and practicing good cash flow management.

Quote from: SmartCharpa on Today at 09:28:55 AM

Quote from: SOKO-DEKE on April 26, 2025, 07:02:35 PM

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Even outside of Bitcoin investing, everything is a mindset, we cannot expect to achieve success unless we are willing to give it everything we have. Many successful people that we wonder how they got there. Some of them were not raised in a wealthy family, but the effort and strategy they put into what they do made them who they are now. Many individuals are afraid to invest in Bitcoin because they see those they want to be like and think Bitcoin will not offer them the money they want, while we can't achieve that in a month.

However, it is difficult to invest regularly in Bitcoin when you have a low income, but despite the current price of Bitcoin, some individuals continue to invest $10 or $5 in Bitcoin weekly because they believe it is worth investing even with the little amount they can afford. The mindset we need to be successful in investment is very important.

By about mid-to-late 2014, I had been suggesting to people to invest whatever they can into bitcoin, and sometimes, I would talk about investing something like $10 per week into bitcoin, and surely those folks would have had done quite well for themselves if they had started investing $10 per week into bitcoin, even starting in August 2014. Such a person would have had invested around $5,600 into bitcoin and would have had accumulated slightly more than 4 BTC. Surely not a bad place to be.

Even starting to invest $10 per week over the past two cycles would have resulted in $4,200 invested and nearly 0.4 BTC... .. and surely not a lot of money, but still a good return and even a lot of money for someone who might be quite poor and ONLY able to invest $10 per week over years.

The higher the bitcoin price got, the more I became concerned about recommending the investing of ONLY $10 per week, and so starting in 2020 (especially in light of the March 2020 global liquidation event incident, in which the solution that everyone agreed upon was to print more money) I began to recommend the investing of $100 per week. It became more concrete for me, that guys were going to try to need to be more aggressive in their bitcoin accumulation. .and I also started to recommend beginners to consider allocating into bitcoin 5-25% of their income, even though previously, I was willing to recommend 1% to 10% of their income.. yet it seems that in March 2020, it became more obvious that bitcoin is amongst the best (if not the best) of hedge products that applied to all people (anyone who could muster up a discretionary income) all around the world.

People still ONLY can invest what they can based on their own budget, yet it can be quite difficult for any newbies to even come close to catching up to those who had been investing into bitcoin for a long time before they entered, so right now it seems that anyone investing 2 cycles previously will have greater than a 10x advantage over the newbies in regards to whatever level they had been accumulating at, and any newbie may well have to invest 10x higher (or more) than the one who had come to bitcoin 2 cycles earlier...so in that sense, 4-8 years from now, even the guy buying bitcoin at $1k per week may well have a lot of difficulties to catch up to the guy who is currently investing at $100 per week. I suppose that the punchline is that any guy who knows about bitcoin should strive to invest whatever he can in terms of his own budget in the coming 4-10 years or longer and then reassess where he is at at various times in the investment process.

Quote from: lizarder on Today at 03:38:30 PM

There are many ways to start investing in bitcoin because it is not limited to certain groups. Even if we have $ 20 per month, we still have the opportunity to buy regularly for asset growth that will increase slowly if we want. There is no reason for the inability to start except for people who are always looking for justification for their stupidity. Not having a job is their personal fault because many potentials are not utilized to make money.

I will agree with you that many times people have unrealized potentials in terms of both increasing their income and decreasing their expenses, yet there are also likely cases in which people are struggling within their own best efforts, and so they have difficulties (and perhaps even impossibilities) increasing their discretionary income.

Sure, they may have made mistakes in the past that screw up their current possibilities, and there also might be actions that they could take in the present that might not pay off for several years, so it can be difficult sometimes for someone to even invest in their own training and/or skills so that they might be able to obtain higher paying employment... and/or they might have to have time to figure out ways to cut their expenses, especially if they have already taken a lot of measures to cut expenses, it may not be clear which other expenses that they might be able to cut.. for example, they might be able to get higher quality food (and/or lower prices) by pooling their resources with one of their neighbors and/or relatives.. but they might have to take some active measures to accomplish those kinds of cooperative efforts to cut their expenses and/or to otherwise improve their lives.