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.
Bitcoin should be easy to accumulate for anyone of any income, just like someone with a very small amount of discretionary income might find that amount very small for the rich. The thing that Bitcoin investors should consider is consistent
savings,accumulation no matter what the amount. The kind of strategy that is expected for wealthy investors may be the opposite for poor investors
, but I think that the money measuring skill (rich or poor investors) should not be considered to bring the holdings to a decent level. At the end of the day
, the investor who can finish each cycle brilliantly over the long term is successful.
You are right that you do not need to be rich to start Bitcoin. If someone has any amount of discretionary income and is mentally prepared to manage for the long term
, then he can easily reach
his goalat the desired point. Therefore, among the things that he should be aware of are emergency funds and saving regardless of value.