Quote from: blomen on Today at 04:27:03 PM

Quote from: LGD2Business on Today at 01:43:11 PM

That's what I was saying, it's good that there are people who understand.
Telling people to invest without having an income is one of the greatest disservice to them. If someone who doesn't have emergency money on the side is forced to cash out their Bitcoin investment at an uncertain time, it will do more harm than good. I hope no one will be in this situation.

Leaving aside the monthly money that needs to be spent on living, buying Bitcoin with every spare dollar you can find is the thing to do, no matter the BTC/USD price. It will pay off in the long run.
If you think 2 days later you will need that money, don't put it aside for investment in the first place. Investing is not a short-term business.

at least if we think that bitcoin can be used as a “unit” for payments in the long future, i think what you are saying should be our plan. it doesn't make sense to increase our dollar amount when buying bitcoin or to try to make money fast. because at some point we are tied to the dollar again. we should want to get rid of that first.

we all need to sacrifice something to build our future. everyone does it differently. we sacrifice hours of our lives to study, to grow our business or to secure ourselves in other ways. to do this with bitcoin, we may have to cut back on some of our expenses.

It’s wrong to encourage people to invest in bitcoin when they don’t have a steady flow of income, it’s also wrong practice to wait. Just like some people have explained, there are those whose income might not come monthly but once it comes they’re able to cater their needs and have some spare cash. That spare cash is what should be encouraged to invest in bitcoin instead of going out for drinks and partying with it. There’s a saying Hard Choices makes easy life, easy choices makes hard life; you have to sacrifice now to gain a Better Future.

Also not everyone can buy bitcoin weekly, some buy monthly some might also buy in intervals of 2-4 months, what’s important is you’re accumulating and hodling instead of waiting and just ball watching