Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Qhunman
on 01/08/2025, 12:59:28 UTC
absolutely true. it is just like you are about getting started in your investment and you are comparing yourself to people that have far more resource than you and can afford to invest like $500 per week and still do that consistently for years. trying to wait till you have reached that point before investing will lead to another way of wasting time because it might take too long a time and waisted effort before you get to that point......
Not everyone has the same ability. Not everyone can invest the same amount of money, so the focus cannot be on how many dollars others are investing. It is wise to always focus on your abilities. Yes, some people can invest $500 a week, while some people have a monthly income of $500. So if your income is $500 per month then it will not be possible for you to invest $500 per week. So everyone should try according to their ability. If you use more money than you can afford, you won't be able to hold on long term. So we have to consider all aspects and take decisions. We have to try to invest as much as possible and the plan has to be long term.
I think it is important to be consistent in investing and to hold on for a long time rather than focusing too much on the amount of investment. Always invest wisely and focus more on consistency. If you try to invest more money and disrupt consistency, you may fall further behind and miss out on buying opportunities. So, decide the amount of investment based on your ability and decide the time of DCA based on your situation. Remember, consistency is more important than quantity to do something big. You may have heard the story of how an ocean is made from a drop of water. So ignore who is investing how much, focus on yourself and maintain consistency.
You're right consistent and persistent buying of bitcoin can keep us focused when accumulating bitcoin. Sizes of one discretional income doesn't matter so it's needless of One to start saving a particular amount of money before starting an investment in Bitcoin when what's is needed to start is having our discretional income available regardless of the amount. There's no way everyone discretional income can be the same and our speed of accumulating bitcoin cannot also be the Same. The points here is to continue buying and holding for the long term. If we can afford a discretional income regardless of the amount available to invest into Bitcoin weekly,consistently,persistently and to Hold for the long term and so far our Emergency funds and reserve funds are in place then whatever comes next is secondary.