Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
bitzizzix
on 02/07/2025, 12:33:49 UTC
Yes, besides that, most rich people always have insurance, be it health insurance, vehicle insurance, or others. That way, they will not have difficulty when facing an emergency situation. So their investment in bitcoin will definitely be quite smooth because of this aspect. But even so, for people who are categorized as not yet rich, never give up on being able to successfully invest in bitcoin. Because basically if we have the will there will definitely be a way that we can take no matter how difficult it is. Because basically, many rich people today also started their careers from scratch. Therefore, for bitcoin investors who are currently still in the middle category in terms of their finances, never give up on continuing to do DCA in bitcoin. Because I am sure that if we are able to consistently do DCA in bitcoin within a period of 10-15 years, I am sure our financial situation will be much better. And as JJG said, we have to be able to manage everything well, especially when we invest in bitcoin.

What most poor people don't understand is that they can't get very rich through Bitcoin and enjoy those benefits but what it takes is patience, poor people should allow desperation force them to make wrong choices, there's no harm in starting small and growing gradually till it get bigger and better, at first they'll have to adapt to their level of income then on the long run they'll definitely enjoy those benefits the rich enjoy through insurance.

 Patience is a virtue and many poor people lack it that's why they choose the path of quick gains forgetting that one won't always be lucky. Bitcoin has already assured every class of investor the path to wealth or more wealth if they follow it diligently with a good strategy which is the DCA so there's no excuse, everything is just about determination and a poor person is determined to be wealthy in future then being patient shouldn't be an issue.
Yes, I agree with you that patience is indeed one of the keys to success and including for the poor. But still, being patient alone will not be enough to change their lives, because it certainly requires planning and also developing their own skills to be able to improve their economic situation. Investing in bitcoin can indeed be a long-term solution for everyone and including the poor. But believe me for people who are really poor, let alone investing, sometimes it is very difficult for them to eat every day. So for people who are really poor, I think to change their lives, my advice is that they should start looking for jobs that can generate enough money for their lives.

After they are safe with all their needs, my advice is to try to develop better skills, so that they can get jobs that pay much more. Then after all that can be passed, then they can start thinking about investing in bitcoin. Because if poor people have been able to advance to the middle stage financially, usually they can have discretionary income and that is the fund that can really be invested. So I think the conclusion is like that, poor people can definitely invest in bitcoin, but they have to go through several stages of their financial development, only then can they start investing.
That's right, when we talk about poor people or very poor people, it's not as easy as they say because they are not in their position or do not know the truth because the level of poverty varies and in reality they do not want to be poor.
But it seems that what you said is only a small part that has succeeded in becoming successful, even then it takes a long process, and if to invest in Bitcoin what they have to do or have is belief in Bitcoin that Bitcoin can change them. And with that, although sometimes it is not enough for daily needs, that belief will turn it into a high motivation for them to be able to change, try, improve skills and so on that has the potential to generate money to support them in investing in Bitcoin. And they can try to find any job to be able to make money because there are still many decent jobs for poor people if they really want to do it and with this they can set aside a small part of their money to be collected to buy Bitcoin if their money has increased and if they can do it well and consistently even though only in small amounts in the long term slowly their lives will change and the most important thing is that high self-confidence and self-belief will turn it into a potential motivation for them to try and keep trying to be able to do it, and besides that motivation can also change it to be better than before because their efforts will pay off and so they will have a job or enough income, to meet their needs and also to invest.