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Quote from: ruykeri on July 20, 2025, 06:26:58 PM

You are right, Fund management is very important in any type of investment, not just Bitcoin. You should go for any investment only after gaining complete knowledge about this subject. Investing in Bitcoin is a long-term process. If someone really wants to profit from Bitcoin, then they must prepare for long-term investing like at least 4 to 10 years. Having knowledge about financial management greatly reduces the chances of making mistakes after taking risks in such a long investment process. One thing to keep in mind, whet ever you invest $200 a week or $20 you must continue to invest regularly following the DCA method. And to maintain this accumulation of investments, you basically need to have a very good understanding of finance management so that you can determine the amount of discretionary income in line with your income as well as expenses. Many people do not have a fixed income every month or every week. In that case, they will calculate their own situation and determine a reserve fund and emergency fund. If the regularity of investing can be maintained for 4 to 10 years through funding management in this way, then it is certainly possible to get many times more profit than any other investment.

If you wait for complete knowledge to invest in Bitcoin, then it will not be the right decision for you. Because no one has ever achieved complete knowledge. A person does not need much to invest in Bitcoin, just basic knowledge about Bitcoin, faith in Bitcoin and a source of discretionary income. If a person has these things, then that person can invest immediately. If a person does not invest, then how will he gain experience. Along with investing, a new person can learn everything. It is necessary to start investing first. If a person delays investing for complete knowledge, then it will be a completely wrong decision.

You are right. To invest in Bitcoin an investor needs a discretionary income from which he can have a steady flow of funds to invest in the long term. The waiting period for Bitcoin investment is very limited because the price of Bitcoin is going to increase to a great level due to its limited supply (21 million). Another great way to immerse yourself in continuous accumulate is to develop the practice of Bitcoin in the DCA method. In this method, you can allocate any amount to invest in Bitcoin regardless of the price. The advantage of investing in Bitcoin from discretionary income is that you can allocate your weekly income to meet the needs of your family by doing it regularly and you will not be poor or even emotional to buy excess Bitcoin. New investors often buy Bitcoin on impulse but they give up before they can walk a long-term cycle because they were unplanned and emotional. So, keep buying Bitcoin regularly within your means and be aggressive to increase the size of your portfolio.

And it depends on the kind of income you are getting, because when you are investing good money same way you will get good return so the money that is going in to buy matters a lot.

So long as there is no fix amount for bitcoin accumulation you're free to start with any amount of your choice, you don't really need to wait until you find a stable source of income before getting started, once your income is due to take care of all your expenses and you still have some left over you can still start accumulating little by little using the DCA method at same time looking for a better source of income to enable you meet up with your standard of living and also extend your level of accumulation if it is $30 you have been putting when you're yet to get a better source of income once you get a decent job or good source of income then you can increase it to $50 or more by then you most have go a long way in your accumulating journey rather than waiting to get a decent job before getting started.