According to your suggestion, you're implying that it's way more better to invest in Bitcoin, even if it's actually whimpily or sluggishly done, than not investing at all, and I find this to be very true and agreeable. You know, there are a lot of investors or should I say those who plan to invest, but they've not been able to make any step towards getting started, maybe because their idea of Bitcoin accumulation is being aggressive, so they can reach their long term goals master
K, and since they currently do not have the resources to invest in that pace,
I would think in the majority of cases it is not good to start out investing into bitcoin aggressively unless you already have a lot of investing experience and/or you are a fast learner when it comes to what would be a good approach to quickly getting a decently large position in bitcoin.
Most people are better off to hold back a bit in the very beginning and put some kind of a reasonable bitcoin accumulation plan into practice, so for example, a guy with $100k investment portfolio might want to get his bitcoin allocation to 15%, which would be $15k, so maybe he decides to invest around $1k per week for the next 15 weeks (3.5 months), and then to reassess at that time. There are other ways to exercise some conservativism in the beginning and surely a lot of folks might not be sure about what is their total budget and/or their discretionary income, so a guy who pretty much knows that he could invest $100 per week without having any problems, he might purposefully decide to start out at $30 per week while he is assessing the situation and then when he becomes more comfortable, he might increase his weekly investment amounts... maybe after a few weeks of studying the matter.
Yes, getting started into investing in Bitcoin, is really important even if the amount for investing is very small, at least it can be beneficial, they can be doing that, while they get to know more about Bitcoin matter and how it operates, after then, they can decide if they should continue investing in Bitcoin in a more bigger amount and plan how to manage their capacity, even though there may be some risks involved or if they will have a shift in their approach or position..
Using your example, someone with that kind of income can decide on the amount to use for investment, if they will investing in weekly or monthly and if it's monthly payment, they have to make the amount higher, for it not to seems sluggishly. But it all depends on the individuals and their choices to decide how their level of investment based on their capacities.
The key I believe lies within finding a balance based on the circumstances and position of the individual and their financial stability. I see that you also emphasized on the importance of having a discretionary income to invest in Bitcoin, rather than using money meant for other expenses, which would seem more like trading or gambling, and I see a lot of sense in what you've said, because if an investor forfeits his expenses and uses the money to invest in Bitcoin, it might later cause him some financial strain, and maybe even lead to using money from your investment to foot those bills/expenses.
Sometimes it can take a bit of time to put good systems and practices in place, and in the very beginning a guy might not even realize what is the difference between trading and investing, and even if he hears that others believe that bitcoin is a 4-10 year or longer investment, the idea might not sink in with him personally, so he might not actually understand it, even though he still might start out by investing into bitcoin with a shorter than 4 year timeline... but then as he learns more about bitcoin, he may well come to understand and accept that bitcoin investing is 4 years minimum for any of his new investments into it... and not a shorter timeline, so his ideas may well change as he better gets to know bitcoin and some of the ways that bitcoin is a relatively unique asset.
Yes expecialy the newbies who might have spent less than 1 to 4 months here. We have also been on that situation and needed a lot of conviction for it to sink into our head but as time goes it becomes part of us. And I believe why people finds it hard to understand the concept of 4-10 years or more, is because they are often stocked to the orientation of other people about Bitcoin investment and trading outside forum. A person who understands Bitcoin outside forum will usually have a different view about Bitcoin investment and trading but with the help of collective ideas from different people expecialy from thread like this will shape a person into another dimension of knowledge except such person is bent on following his own ideas. And I bet such person will never learn.
I will agree that some folks go down a wrong path and it can either take them a long time to learn or they might not be able to snap out of a kind of gambling mentality.
There is only so much that we can do but maybe try to share some of the better ideas and attempt to meet people where they are at, in the circumstances that they are interacting genuinely.
There are likely some members who are trolls or perhaps PsyOps.. so they are not being genuine. .and sure there are some who plagiarize and use bots to write their posts, and so sometimes it can be difficult to know if someone is actually being genuine or if he is not.
But, for better understanding and to show how genuinely one is, they have to some space where one can be reading quietly for them to understand and interact genuinely without using bots.
Though, there are some things that may appear quite difficult to comprehend, unless one seeks for more clarity through research online or asking bots to explain it well, in order to have glimpse or see things from a much clearer picture , so as not to pass the wrong information. In the long run, the important thing is that one is actually understanding and also applying the principles and knowledge to their personal finance.