Quote from: JayJuanGee on Today at 03:29:48 PM

Quote from: yixichloro2xx on Today at 08:12:09 AM

Quote from: 9ja Amaka on Today at 07:50:55 AM

Quote from: yixichloro2xx on Today at 07:17:49 AM

Building a solid Bitcoin base first before even thinking about venturing into the casino of shitcoins is the most responsible thing a pleb or whale can do. If your Bitcoin position isn't strong enough, you are just gambling with your future.

$100k in BTC as a foundation is a fair benchmark,it shows commitment, conviction, and patience. Once that's secured, allocating a tiny slice 5–10% to explore riskier bets can be tolerated if you are emotionally and financially prepared to lose it entirely. But that base in Bitcoin? That’s what gives you long term resilience. Without it, you are just another tourist in crypto.

Let us be real, new folks in bitcoin or investors in low income countries, might see $100k too tough as a foundation to be in a strong position on their accumulation. If we start setting that amount as a bench market of being committed to bitcoin, we may end up discouraging a lot of folks who wants to start their investment journey. And yeah, I understand the $100k shows that one is serious and thinking long term buying. We can actually used that set our mindset in the right direction even if to us it may look difficult to achieve. I’m not saying we should lower the bar just to make people feel good, in the end what matters truly is our level of commitment and consistency not just what we plan that we didn't fulfil. An investor buying $30 weekly for five years consistently might end up investing longer than someone who aped in $100k the moment they start their investment.

You are right, and this is a very important point, telling people they need $100k before they are serious about Bitcoin can make it feel impossible for many, especially those living in countries with lower incomes. That kind of message might push people away instead of encouraging them to start.

One thing is getting started and moving up in the size of the bitcoin holdings, and another thing is having had invested in other areas and being in a position to be able to reallocate some or all of the other investment capital into bitcoin. The more pure example might be the guy who barely has any other investments and/or savings and he has to pretty much start with whatever extra discretionary income that he can spare to put into bitcoin.

Accordingly, like your example, a guy who invests $30 per week would have had invested right around $1,560 after a year, so $10,560 after 10 years and $5,280 after 5 years. $30 per week might not get him up to $100k in any short period of time, yet we can also presume that if he is a relatively young person, then he might be able to increase his discretionary income and potentially figure out ways to focus on prioritizing bitcoin earlier rather than later, yet of course there are trade offs, and maybe the first couple of years he tries to double his bitcoin investment allocation amount, so he goes from $30 per week, and then year 2 $60 per week, and then year 3 $100 per week and then year 4 $120 per week.. so he might be figuring out ways to increase his investment amount and even from time to time, he might have some extra lump sum amounts that he receives that he can put some or all of it into bitcoin, so even a guy with relatively modest amounts put into bitcoin over time can build up the total, and perhaps bitcoin will appreciate in value at various points, so that the total amount of value that is in bitcoin may well be several times or even magnitudes higher than the amount that he put into it.. so if the guy has a longer time horizon, he might start to really see a lot of progress after a couple of cycles, even though it is not guaranteed, but there are various precautions that each of us can take in regards to our own execution decisions and how we balance out our aggressiveness in investing into bitcoin, strengthening our cashflow management practices and even making sure that we are following good bitcoin security and/or protection of our coins practices, including perhaps having no more than 10% or 20% of all of our coins on exchanges, third parties and/or hot wallets... So the overwhelming majority of our coins are held in private wallets with a good portion of that in a form of cold storage that we might test out from time to time (yearly-ish? depending on how we are doing it - which even private storage options are changing through the years).

I think that even another point that was being made in your initial post (yixichloro2xx) was that you were suggesting to build the bitcoin holdings up to a certain level before even dabbling with shitcoins. I am not sure about the necessity of this last point. It is not a bad idea, yet I understand that people who want to get involved in shitcoins, trade and even gamble, they may well might want to do that at all levels of their being involved in bitcoin. Many times they cannot resist investing in shitcoins or trading and it seems better for them to have an avenue with limitations rather than suggesting that they completely say no to such activities, since they likely would not be able to resist anyhow and so even though it is likely better not to get involved in shitcoins/trading at all but at least if they set a limtiation on themselves, such as no more than 10% of their bitcoin, and then each time they get paid, they can only put up to 10% of the new money into shitcoining and/or trading which means that they cannot continue to draw from bitcoin when they lose part or all of their shitcoin/trading allocated amount, yet every time they get new money to invest into bitcoin, they can take up to 10% of that to put into shitcoining and/or trading.

Quote from: yixichloro2xx on Today at 08:12:09 AM

The truth is, it’s not just about how much you invest, it’s about how often and how committed you are. Someone who buys just $30 worth of Bitcoin every week for five years may end up doing better, and learning more than someone who dumps $100k in all at once and disappears.

I have made similar points in the past. There is a certain value that comes from persistence, and even a person who lump sum invests in the beginning and/or at various points through his bitcoin investment, he may well be even better off in terms of his bitcoin investment and also in terms of his psychology, if he is ongoingly engaging in bitcoin through investing into it, whether money or even some of his time and/or energies.

Quote from: yixichloro2xx on Today at 08:12:09 AM

I remembered when I bought Bitcoin with $20 in 2022, though it wasn't much but I knew if I continue to stack more and more I will be able to build my portfolio little by little.... What really matters is building the habit, staying consistent, and thinking long term. You don’t need to start big, you just need to start and keep going....

Exactly. You might have had found it difficult to invest the first $20, but then maybe you go back over your budget and you keep looking into bitcoin, and then after another week or two you put in another $10 or $20 and then you arrange some things in your budget so that you are able to invest $10 every week no matter what, and perhaps bonus amounts on some weeks, and so then every several months you make adjustments, and perhaps you are able to bring your weekly amount up to $30 and then to $50 and then to $70 and then to $100 and more, and yeah, it might take you a bit of time to be able to increase your weekly quantities and/or your abilities to earn or gain some lump sum amounts so that you can feel comfortable dedicating some lump sum amounts to bitcoin. So, yeah investing can be a process with trade offs and ongoing commitment will frequently help to build our BTC holdings with the passage of time...and we may well end up being achieve way more BTC accumulation than we had thought possible and we also may end up being able to advantage more from potential future upside bitcoin volatility, especially if we might figure out reasonable/prudent ways to front-load our bitcoin investment.

Quote from: SmartCharpa on Today at 10:40:20 AM

Quote from: JayJuanGee on July 21, 2025, 08:23:43 PM

Even the past examples do not really seem to show great levels of wealth creation until much time has passed, and surely it does help to experience 70x or greater BTC price appreciation after a guy had already done most of his buying.. but yeah, not easy to get into such a position... so guys likely need to just stack what they can at the time that they learn about bitcoin.. and keep on stacking, as you mentioned.

Sure, Bitcoin does not make people rich immediately. it normally takes years of holding and buying gradually; such big 70x returns are usually achieved by those who started early and continued to buy before the price increased.

However, it is not always simple to get started early or to know when the right time is, so after someone understands what Bitcoin is, the best thing to do is to keep buying whenever they can. And over time, something will add up. If a person did not start early, it is better to start now than wait forever.

Your bitcoin portfolio can get to a quite profitable place even with way less than 70x returns, and you could end up having 2x to 3x returns and still be way out performing various other assets, yet with the other advantages of bitcoin that relate to abilities to self-custody it and transact peer to peer without anyone being able to stop you. That is powerful, even if your profits might not be high.

Surely another thing that many of us like to repeat on this thread is that level of profits is a bit of a curiousity, yet it need not be a main focus on any part of a persons investment into bitcoin. Surely it is nice to know that our bitcoin holdings end up being worth multiples or even magnitudes more than the quantity that we had put into it, yet still one of the more important points for those of us who might consider living off of our bitcoin will still relate to how much income it can sustainably generate. so that when the quantity of bitcoin gets to a certain level and then it starts to have the ability to sustainably generate income at levels that are acceptable for our situation, then we likely become quite empowered by getting to such status..

and sure, if there might be situations that we would prefer to generate $30k per year of income off of our bitcoin, yet if we are measuring from valuating at the 200-WMA, and our stash is ONLY at a level to generate $5k per year of income, then even though it seems that we are still quite a distance from our goal, yet from my perspective if we are using the 200-WMA, the 200-WMA has been historically going up at such a great rate (and likely to continue going up at such a great rate), therefore bitcoin has been such a great way to figure out systems to still withdraw from it yet the bitcoin value is growing faster than our withdrawal rate... and it seems to me that even a guy who ONLY has a currently yearly withdrawal rate of merely $5k would be able to get to a yearly withdrawal rate of $30k within 6 years or so without even adding more bitcoin to the stash, and may well get there faster if continuing to add more bitcoin to the stash, which I have frequently suggested and investment timeline of 4-10 years or longer, which also might indicate that there could be a point in which 4-ish or so years prior to transitioning into sustainable withdrawal that a guy could discontinue to add to his bitcoin stash if he is planning to transition from accumulating and into sustainable withdrawal 4-ish years later.. so then the intermediary 4-ish year period might be referred to as a maintenance stage since it is mostly not involving either accumulation nor withdrawal.

I really appreciate how the thread unfolded, especially around the idea of commitment vs. dollar amount.
The $100k benchmark is more symbolic than practical for many, especially those in developing economies or just starting their journey. It represents conviction and long-term thinking, not a mandatory entry fee. The danger is that when we anchor the idea of “seriousness” to a large number, we risk alienating the exact people we hope to encourage.
What really matters is the mindset. A person stacking $30 or $40 a week with consistency, over years, is often more aligned with Bitcoin’s core principles discipline, patience, and long-term vision than someone who throws in six figures overnight and vanishes.
Everyone starts somewhere. Some of us began with pocket change and a ton of doubt. But with each weekly buy, that doubt turns into knowledge, and the small stack starts to look a lot more powerful when viewed through the lens of time and conviction.
Also, completely agree with the idea that if people are going to explore stictions or trading, it’s better they do so with firm boundaries after they’ve secured a solid Bitcoin foundation. Even a 5–10% “fun allocation” is only manageable when the core is strong and untouchable.
At the end of the day, Bitcoin is not just about number sit's about resilience. Whether you're stacking sats from side hustles or reallocating legacy investments, the key is to keep showing up.
As they say: "It’s not about timing the market, it’s about time in the market."