Quote from: Joy- maker on Today at 03:51:22 PM

Quote from: Regardme on Today at 09:12:29 AM

Which ever way you start investing in bitcoin is effective, either by starting small or with a lump sum and that depends on the financial capacity of an individual investor.

the truth is, the strategy we are using to accumulate bitcoin those not matter provided our mindset is long term holding 4 to 10 years or longer, so wether we are investing in bitcoin by buying bitcoin with small amoun of money using the DCA method or lump-sum or buying the dip all the strategies are effective. But I we advise newbies who are just getting started with bitcoin to use the DCA method, because it will allows them to buy bitcoin at anytime regardless of the market condition, and secondly DCA method also allow them to be consistence and committed in accumulating bitcoin since they are just going to invest in bitcoin with just there discretionary income.

Quote from: Regardme on Today at 09:12:29 AM

Let’s say you earn $10k and decide to start small with probably $100, I think that makes you unwise knowing too well that after all bills and payment, you might probably be left with $4k for instance. What I’m trying to say is that it’s good to start small if you’re a low income earner but if you’re a high income earner who understands Bitcoin, I see nothing wrong in buying a lump sum. The main purpose is to accumulate more bitcoin on a weekly or monthly basis depending on how financial stable one is and holding for a long term

well I can't agree with you totally nor disagree with you totally, but what I can say here is that, it is not in your place to decide for anybody the amount of money they should be investing in bitcoin even if there income is $10k, they can decide to invest any amount that they feel is suitable for them to invest in bitcoin. so even if they are investing in bitcoin with $100 there is no problem with that that amount providing they are investing in bitcoin for long term 4 to 10 years or more. remember we are advised to invest in bitcoin with the money we can afford to lose so any amount anyone is investing in bitcoin be it $100 that is the amount the person can afford to lose, so stop saying that they are investing unwisely.

I wasn’t deciding on an amount to start investing with Joy-maker. I was stating that which ever way one starts investing with is effective, either small or big supposing you’re investing in Bitcoin. It’s all dependent on your financial capability and level of understanding. I only gave that as a instance