Quote from: Redley555 on Today at 07:24:39 AM

Quote from: Derekfunds on June 05, 2025, 05:43:59 PM

Quote from: JayJuanGee on June 05, 2025, 02:48:54 PM

It is understandable that no one wants to lose money no matter their investment, so yeah, if they might consider starting out with a 5% to 25% allocation to bitcoin, they might error on the lower end because of their reservations, or maybe they will choose to go lower than 5% because they are skeptical. And, yeah they are responsible for their own choices, and it does seem better to get started, even if they make some under allocation choice of less than 5%, since less than 5% is better than zero, yet so many folks will still end up choosing zero, to their likely detriment.

I think one thing is knowing that there are things that are not guarantee in life especially anything investment but because of the chance or high probability of getting profit in a long term that is why we are interested in buying and holding Bitcoin and also based on what we have seen for past 13-15 years now and so anyone who is talking about not to lose money is not even ready to start this journey because this is a journey one should start with only one mind else there will be problem along there period of investment.

Quote from: JayJuanGee on June 05, 2025, 02:48:54 PM

It is even a lot of work for anyone to add something new to their investments, even if they are already used to investing, and it can be even more difficult for someone to figure out how to get started investing when they might not have had invested in the past, so they might not be used to setting aside money every week to invest into something like bitcoin, so they have to get used to both investing and then also protecting their investment by potentially improving their cashflow management and maybe even adding back up funds so that they would not have to tap into their bitcoin in the future at a time that is not completely of their own choosing.

Yes I totally agree with you adding something to what one has been using to invest in Bitcoin is not always easy and doing that can be as a result of maybe increase in wages or salary. Starting Bitcoin investment is mindset and a choice and holding to the expected time is determination, some person are so carried away I mean scared that they don't know the amount to invest with because they see Bitcoin as something that is too expensive without knowing that DCA method is the remedy to there problem and the truth is some of them don't know about the DCA method.

I don’t about some people but me i was skeptical at first when my friend introduced me to bitcoin investment. It sounded untrustworthy, it took him a long time before convincing and considering the fact that i was earning little then. But since i got on this train it has been wonderful, so many ups and down since we all know nothing is guaranteed in the crypto world, but so far my time in it has been good.

It is reasonable enough for anyone coming in to Bitcoin to have that personal conviction because that is the only best way one can be able to understand the process and navigate through by making informed investment decisions which of course you can only become responsible to for every actions and reactions, we are in Bitcoin thread so be specific when using the word crypto, even though Bitcoin is not 100 percent guarantee it is still a good coin that we can put our value in, the ups and downs is actually what makes it more interesting and the reason why new investors keep coming.