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Quote from: MainIbem on July 01, 2025, 03:44:33 AM

Quote from: Rgram on July 01, 2025, 12:41:15 AM

When it’s about stating hypothesis, everything goes and what I really think is that, it doesn’t matter how one earns or how small the amount might be. Someone who is really concerned about growth wouldn’t want to live day to day. There isn’t a way to grow without having some kind of savings or investments which makes it paramount that, people should always find ways to cut down for investment purposes it’s a sacrifice to safe guard your future.

The mistake lots of investor made in the past and I think lots of potential future investors are in that category, is waiting to get rich or richer before investing in Bitcoin, I think it should be constantly being talked about in our societies that Bitcoin investment is not for the rich, their are lots of people who see a potential and need to invest but I waiting to get richer without knowing that the price of Bitcoin is not a barrier for the poor or average person, it's an investment opportunity so it's put cash into it periodically according to the person income and watch it grow for years, well ignorance they say is disease.

You are right with your point actually what we don't know is bigger than us at first i use to think the same that bitcoin is very expensive not know that one can actually buy bitcoin fraction by fraction we don't necessarily need to rich before we can start accumulating Bitcoin as bitcoin investment is for both the rich and poor, many people has the zeal to invest but the thought of thinking that bitcoin is too expensive has been a barrier to them, waiting to get rich is never solution when the can start accumulating using the DCA strategy to gradually accumulate either every weeks or months.

You are absolutely right, at some point when I don’t know much about Bitcoin I used to think that I need a lot of money or stable source of income to invest in Bitcoin, not knowing that I can actually accumulate Bitcoin little by little using the DCA method, you don’t even have to been wealthy to be able to accumulate Bitcoin all what is just required is to have a discretionary funds to invest with boom you’re good to go it doesn’t have to be on a daily basis, depending on when you’ve a discretionary funds to continue accumulating bitcoin gradually and to hodl for a longer term period.

In Bitcoin investment, the amount of your income does not matter, whatever your income is, if everything can run smoothly through proper financial management, then DCA is definitely possible even with a very small amount of money, in the case of DCA, no matter how much money you invest, it does not matter, in DCA you only need to buy consistently and hold it for the long term, whether you are rich or not, whether you have large capital or small, create a stable source of income and start DCA, hold it for the long term without worrying about short-term gains, because through this your wealth will continue to grow over time, as a result, it will bring a huge profit after a long time.

You don't need to create or have a stable source of income before you can start your bitcoin investment with DCA. What is needed is a source of income and a discretionary income discretionary income for you to get started be it stable or not. I know of someone who has a stable source of income but he leaves on debt before he gets his next pay because his stable income does not have a discretionary income. Such person cannot invest invest into bitcoin until he upgrade his him by looking for a second means of income which will give him his discretionary income.