Quote from: JayJuanGee on Today at 05:35:51 AM

Quote from: Tungbulu on June 13, 2025, 08:00:44 AM

You're absolutely correct, overthinking can indeed potentially lead to paralysis. The best way to get started is to take the first step, even if those steps are very small, at least it's better than waiting for a perfect time that may likely not even come. Bitcoin accumulation and building an emergency fund can actually be done simultaneously, I actually created a topic on how this could be achieved.

I did a quick glance at it, and I bookmarked the thread so that I can read it and subscribe to it.

That'll be very wonderful.
And it'll also be very much appreciated to also share your thoughts and knowledge on the topic, it'll definitely create further opportunity for users to get to learn from your knowledge and contributions.

Quote from: JayJuanGee on Today at 05:35:51 AM

Quote from: Tungbulu on June 13, 2025, 08:00:44 AM

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Each of us come to bitcoin at different levels of knowledge and experience, and frequently several of us suggest that all that is needed is discretionary income and the enough basic math and common sense skills to make sure that you really do have discretionary income and you are not mistaken, since whether you get started $10 per week, $100 per week or some other amount, you should hopefully be able to recognize some value in recognizing limitations in your knowledge if you are coming to bitcoin as a new investment - or maybe you had already been studying bitcoin, so you know some things about bitcoin, yet you may also recognize that even just sourcing your coins and starting to make your weekly buys might require some getting used to.. including figuring out how to plan your future buys, and whether to give yourself a weekly budget that involves both bitcoin investing and the building of an emergency fund or if maybe you already have some back up funds so you merely have to think about how your bitcoin investing is going to fit within your already practices, and like several of us repeat, it is not likely that any waiting needs to happen in order to get started unless you are not sure about from where you are going to source your initial coins and/or if you might feel that you have to explore your initial bitcoin sourcing options.

Some might actually think one needs so much to get started, but you're absolutely right about needing just a discretionary income, basic maths skills and of course common sense, because with these, anyone can actually get started, irrespective of their initial experience or knowledge of Bitcoin. It's also a very crucial step to acknowledge the limitations of one's knowledge and there's absolutely no shame in that, because it's more than okay to learn as one advances.

Whether it's $10 or $100 one chooses to invest on a weekly interval, the most important thing is to start first and then adapt as you advance. Sourcing coins, planning on how to acquire more coins in the future and budgeting for Bitcoin investments alongside an emergency fund are qualities and skills that is inbuilt in an individual, it's something that needs time and resilience to develop. And for those with an existing back up funds, it becomes even more smoother when they integrate Bitcoin accumulation into their financial routine. The most important thing is getting started and then refine your strategy with the knowledge and experiences you gain on your journey.

Investors have more chances of becoming more comfortable with the whole process when they start early, and drastically, their investment strategies would likely evolve to suit their financial goals and risk tolerance. So rather than waiting to gather all the knowledge you feel one needs to be an investor, it's always best to get started and take the first step and just enjoy the adventure while you learn and advance on your way.