Quote from: Merit.s on Today at 07:21:34 PM

Quote from: ChocolateBitcoinK on Today at 07:00:20 PM

Quote from: ejikeme24 on Today at 06:00:54 PM

Quote from: Proty on Today at 04:34:20 PM

Bitcoin investment is not a get rich quick scheme the main reason why most investors prioritise buying the dips is majorly because of quick profit. Investing in bitcoin with the hope or plan of making quick profit is purely traders mindset and not investors mindset. Any investor that starts accumulating bitcoin when it was around $100k and is talking of being in profit the person is not an investor but rather traders, they are purely in for short term profit.

you should know that buying the dip is also an investment method, rather the DCA method is what makes it look like those that are buying with this method don't know what they are actually doing. As a matter of fact buying the dip is no longer recommended due to the steady increase of bitcoin, so waiting for a dip is totally a waste of time as they're also wasting a life changing opportunity.

Just as it is said that everything about bitcoin investment is a lesson so if anyone who fails to utilize the opportunity now hoping for the price to fall below $100,000 should get ready to face the consequences of his action.

Those who are still waiting to buy the dip, they should understand that this is not like a lottery. that you will become rich overnight just if you buy a dip, Consistency is the most important thing here, the current opportunity that you are missing to buy a small dip, That's something you'll regret for not getting back that opportunity in the future. Those who are investing in Bitcoin consistently will be able to achieve real success in the future. The price never moves as expected, so there is no guarantee that the dip you are waiting for will ever come, that is, instead of relying on uncertain things, it is a responsible decision to take advantage of the current opportunity. In fact, many people cannot maintain consistency in investing and this is why it is said that Bitcoin investment is not for everyone , those who have truly understood DCA and are patiently following DCA and investing, Bitcoin is definitely capable of bringing amazing results to them.

Bitcoin investment is for all and not for a particular set of people. Both the rich and poor can invest in bitcoin provided that they have their discretionary income. However, the problem that some investors have is lack of proper cash inflow management. They put their priority more of consuming than investing. You will see someone who has a dictionary income of $10. Instead of thinking how to invest this money, he will prefer to go clubbing, buy packet of cigarettes and buy drinks for friends.

Of which he can start with the little amount of money that he has and have proper plan on how to keep his DCA ongoing for a long term by reducing his expenses and look for a second means of income. Anyone that don't see bitcoin as an investment worth throwing some value into when he can, will regret in future because he missed his opportunity of making his future a better one than what it will be without investing into bitcoin as someone poor.

Having a long-term investment mindset and having a bitcoin target in which you want to accumulate will make you consistent and persistent in your weekly bitcoin accumulation for 4-10 years and above provided that you are using the right amount from your discretionary income to invest in bitcoin. All it takes is discipline, sacrifice, patience, confidence and hope.

I agree that bitcoin is for everyone and anyone, yet there is a need for a discretionary income or an ability to grow a discretionary income in the cases that a person does not already have a discretionary income.

These matters of income inequality are not easy to overcome for some folks it is more challenging than others, and surely the poor people have to have fewer mistakes and to be more organized than the more well-off people, and so I am not going to proclaim that all poor people are responsible for their own situation, even though there could be some avenues for some of them to grow out of their predicament.

You may well be correct that some poor people are very irresponsible with their money and they have bad habits and bad money habits, which may well be true, and the direction out of their own bad habits and bad mindset is also not necessarily clear since even a poor person who is truly inclined towards the employment of good habits might not always know how to attack their various problems in such a way that will help them to rise into a higher income and/or social status, which will help them to get higher income or even to be in circles of folks with better information, and surely in a forum like this there are possibilities to be exposed to better information, yet there still are needs for people to learn from the information and act upon the information in a way that makes sense to themselves and their own circumstances, even if they might still need to unlearn some bad habits that they don't realize that they need to unlearn.