Anyone who is a no coiner or a low coiner has to get started buying bitcoin in order to be prepared for up.. Otherwise they are not prepared for up.
And yeah, it could take 4-10 years or longer for someone to stack enough bitcoin to start to feel comfortable that he has enough or more than enough.
Even though measurements can be made along the path, sometimes the first several years can feel that progress is being made slowly, even though there are some folks who are able to front load their investment into bitcoin in their beginning years of investing into it.
You’re absolutely right, as a low coiner it’s quite mandatory for me to start buying Bitcoin as much as possible as I can and there is no reason to be hesitating because there is up in the price of Bitcoin instead I will have to continue buying consistently, it’s wise to be prepared before starting to invest in bitcoin, when I mean prepared for someone that wants to hold for a longer term plans we should be aware for the up and downs as well, I plan to hodl for a very long term of 4-10 years and more to be able to stack a lot of bitcoin for someone who is a low income earner and a little discretionary income to buy from each and every week or monthly, and it’s better to take every opportunities that comes when accumulating bitcoin.
The word mandatory is wrong perhaps the right word to use should be necessary and not mandatory, anyone who is determined and interested in Bitcoin investment would know it is important to accumulate regularly using a method that will suit them depending on there source of income and the level of their discretionary. Bitcoin is volatile yes but as an investor with long term vision, the ups and downs or the volatility of Bitcoin should not be a problem as Bitcoin will always do better in the long term. It is only traders that should be weary of the market movement as they can be cut short by the market.
There is nothing wrong with the word mandatory, it’s a choice of word you could decide on what phrase you have to use, well it might not be mandatory to you, but it’s mandatory to me because I want to build a successful bitcoin portfolio. It all depends on what you can mandate yourself in what you want to achieve in a particular time from of 4-10 years you set a time frame for yourself and wants to achieve your goals in this time during and also how to stay disciplined to achieve my goal of long term bitcoin investment and hodl.
There are people who have a large amount of income but doesn’t have much discretionary income to help them accumulate
more bitcoin, but there are also people who have a little income but are regularly accumulating and buying more bitcoin than people who have a large income, its could be that the difference is the mindset and goals set on what I want to achieve and what I mandate myself to achieve.