I will advise you accumulate bitcoin at anytime if you have your discretionary to do so using the DCA strategy.
Here I want to say that it is not enough to have the desire, you have to be able to hold the investment for a long time. If not, then you will not be able to succeed if you invest at any time. Bitcoin is an asset whose price will continue to increase in the future. We should know that in the future the price of Bitcoin will only increase, but the supply of Bitcoin will never increase, if the supply of Bitcoin does not increase, then the price of Bitcoin will definitely continue to increase. Now DCA is the best strategy to invest in Bitcoin, if someone continues to invest in the DCA method, then he will not have to worry about the price, because he will automatically be able to buy Bitcoin at the average price.
I think Bitcoin has a bright future. That's why I decided to buy Bitcoins worth $40-50 per month from my monthly income. I hope I can buy them for 10 or 15 years, And hold it for 20 years and hopefully make a good profit. If we look back, we can see how valuable Bitcoin is. Did any of us think Bitcoin would be worth this much? If we had known, maybe we would have bought it. If we had bought Bitcoin 10 years ago, we would have made so much profit. Even 10 years from now, some of us might regret it. So now is the right time to buy Bitcoin, every dip and hold for long.
You are right that now is the time to buy Bitcoin, it is still in its early stages. If your source of income is reliable and your confidence level is consistent with 10-15 years of continuous Bitcoin holding, then you can reach the desired goal. Accumulation for such a long time requires a lot of patience for an investor, but a reliable source of income will make you successful. $40-$50 per month is very limited, but you should increase the amount of accumulation as your income increases.
My recommendation is not to be greedy when investing in Bitcoin because new investors are tempted to get rich in a short time during price fluctuations. I think it will be easier for you to invest in Bitcoin through discretionary income during periods of physical fitness and working because you have a reliable source of income.
Well we need a discretionary income to start a Bitcoin investment, It wouldn’t be very realistic to use money meant for paying our bills and taking care of our expenses to start and investment, if that should occur it means we plan to fail, Talking about source of income that is reliable, do we really need require a source of income that is reliable before starting our investment, as much as I have know we need a discretionary funds and not really a reliable sources of income, yes we have a source of incomes as little as it is doesn’t stop us from investing and accumulating bitcoin, because every little beginning is worth giving a chance, as little as our income and we have a discretionary income nothing stops us from investing and accumulating through the DCA method, Bitcoin have been built and established in such a way that low income earners would have a chance of acquiring Bitcoin as an asset, every no coiner and a plea have a chance of investing and accumulating as long as you’ve a discretionary income you can always accumulate.
I will advise you accumulate bitcoin at anytime if you have your discretionary to do so using the DCA strategy.
Here I want to say that it is not enough to have the desire, you have to be able to hold the investment for a long time. If not, then you will not be able to succeed if you invest at any time. Bitcoin is an asset whose price will continue to increase in the future. We should know that in the future the price of Bitcoin will only increase, but the supply of Bitcoin will never increase, if the supply of Bitcoin does not increase, then the price of Bitcoin will definitely continue to increase. Now DCA is the best strategy to invest in Bitcoin, if someone continues to invest in the DCA method, then he will not have to worry about the price, because he will automatically be able to buy Bitcoin at the average price.
I think Bitcoin has a bright future. That's why I decided to buy Bitcoins worth $40-50 per month from my monthly income. I hope I can buy them for 10 or 15 years, And hold it for 20 years and hopefully make a good profit. If we look back, we can see how valuable Bitcoin is. Did any of us think Bitcoin would be worth this much? If we had known, maybe we would have bought it. If we had bought Bitcoin 10 years ago, we would have made so much profit. Even 10 years from now, some of us might regret it. So now is the right time to buy Bitcoin, every dip and hold for long.
You should not be thinking that Bitcoin has bright future, i want you to understand and believe that with Bitcoin investments your future is ever brighter and should know that buying Bitcoin aggressively depends on your discretionary income because Bitcoin goes along with the future from 4-10years, then from the discretionary income you can decide to increase or buy Bitcoin weekly or monthly.
You sounds as if Bitcoin investment is risk free and guaranteed to be successful and I also want you to understand that buying Bitcoin aggressively does not just depends on your discretionary income but rather your level of aggressiveness totally depends on how much of your discretionary income that you are willing to invest, that's means that you choose the percentage of your discretionary income to invest that you be comfortable with, some can choose 5%, 10% or 20 to 25% just as they want and willing to invest with.
The point is if we invest in bitcoin of course discretionary income must be used as capital, and besides discretionary income I personally do not recommend it, let alone emergency funds. Because even though bitcoin has good potential in the future, but if we invest in bitcoin using funds other than discretionary income of course that action is not healthy for your mentality and mind. Because money that is hot or non-discretionary, if used to invest in bitcoin, of course the results have a less good possibility. Like there is an urgent need that requires us to sell our bitcoins and finally our bitcoin accumulation becomes chaotic. That is why investing in bitcoin must use cold funds or discretionary income only.
In addition, if here I say that bitcoin has no risk I am very wrong. Because it is certain that all investment assets have risks, whether large or small, and so does bitcoin. That is why when investing in bitcoin you have to use discretionary income, this is an effort to minimize what is called risk. Although I personally believe that the risk of investing in bitcoin is not as great as other investment assets. But even so, we must remain prepared to face these risks and minimize them.
I will advise you accumulate bitcoin at anytime if you have your discretionary to do so using the DCA strategy.
Here I want to say that it is not enough to have the desire, you have to be able to hold the investment for a long time. If not, then you will not be able to succeed if you invest at any time. Bitcoin is an asset whose price will continue to increase in the future. We should know that in the future the price of Bitcoin will only increase, but the supply of Bitcoin will never increase, if the supply of Bitcoin does not increase, then the price of Bitcoin will definitely continue to increase. Now DCA is the best strategy to invest in Bitcoin, if someone continues to invest in the DCA method, then he will not have to worry about the price, because he will automatically be able to buy Bitcoin at the average price.
I think Bitcoin has a bright future. That's why I decided to buy Bitcoins worth $40-50 per month from my monthly income. I hope I can buy them for 10 or 15 years, And hold it for 20 years and hopefully make a good profit. If we look back, we can see how valuable Bitcoin is. Did any of us think Bitcoin would be worth this much? If we had known, maybe we would have bought it. If we had bought Bitcoin 10 years ago, we would have made so much profit. Even 10 years from now, some of us might regret it. So now is the right time to buy Bitcoin, every dip and hold for long.
You are right that now is the time to buy Bitcoin, it is still in its early stages. If your source of income is reliable and your confidence level is consistent with 10-15 years of continuous Bitcoin holding, then you can reach the desired goal. Accumulation for such a long time requires a lot of patience for an investor, but a reliable source of income will make you successful. $40-$50 per month is very limited, but you should increase the amount of accumulation as your income increases.
My recommendation is not to be greedy when investing in Bitcoin because new investors are tempted to get rich in a short time during price fluctuations. I think it will be easier for you to invest in Bitcoin through discretionary income during periods of physical fitness and working because you have a reliable source of income.
You have to accept profit and loss in investing. I think there is no investment system in the world where only profit is made. But we all invest in the hope of profit. Some may be successful, some may not. Some have less patience, some have more patience. And that is why when we see that the price is going down, we get scared and sell immediately. But those who can be patient can make a profit. Actually, I think investment is completely a matter of patience. And if you invest in Bitcoin, you have to be patient. Bitcoin goes from seventy to twenty, it can go from one hundred and fifty to fifty, then many rumors can spread, there will be nothing to say about Bitcoin, such and such country is inventing some other coin instead of Bitcoin, many such rumors can come. But at that time we have to be careful and be patient. Actually, the popularity of Bitcoin is increasing day by day, I hope that one day Bitcoin will be legal all over the world. And if you don't take risks in life, success does not come. So I have set a target to invest only in Bitcoin.