Quote from: Lidger on Today at 02:45:46 PM

Quote from: Popkon6 on May 01, 2025, 01:02:35 PM

If a Bitcoin holder wants to invest in the long term, he can certainly do so with a small amount of money, because he has to determine his investment amount depending on his income. But I would like to add something else where if an investor can invest $ 10, if he spends extra money such as sitting in the park, smoking, sitting in the park with his girlfriend, and all the unnecessary expenses or bad habits that cost $ 20, he can add the $ 20 equivalent to the amount saved from here to investing in Bitcoin.
Therefore, if he can invest $ 10 + $ 20, that is, $ 30, weekly, then at the end of the year, he will definitely accumulate $ 360. And if he is able to continue investing in Bitcoin in this way after ten years, he will accumulate $ 3600 in Bitcoin, so long-term investment is the only way to achieve success according to the DCA method.

Basically, the amount of money an investor will invest in Bitcoin continuously depends entirely on the investor's income and the investor's expenses. If the investor does not plan and spend the money very well, then it will be seen that the person has to borrow money at the end of the month even after earning a good amount of money every month. On the other hand, there are some people who can plan and do not spend money unnecessarily even though they earn a relatively small amount of money.

At the end of the month, they have some money left. If a person plans to invest in Bitcoin and if he wants to invest continuously, then he must cut his hand in terms of spending money. Also, before each month, he has to calculate how much money he can spend on his family and how much money he can have left after excluding all expenses.

The amount of money that the investor has left can be invested in Bitcoin with a part of that remaining money, hopefully if the investor invests in this way, his investment will not be irregular.

If you don't have enough, you should make more effort at improving your finances by taking a job, learning a skill that will pay you or exploring other business ideas that will give you more money so you will be able to feel more comfortable to invest as less financial stress. Don't forget that after investing in Bitcoin, you need to set up emergency funds to even be able to hold the Bitcoin for a long period of time, that is after you would have met your basic needs. You don't have to deny yourself everything that makes life worth living because you want to invest in Bitcoin and like you rightly said, everything depends on planning because you don't start something without proper planning.