Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
JayJuanGee
on 03/08/2025, 21:19:42 UTC
I personally believe that starting small is one of the best ways to actually learn. You feel more involved when you have something at stake, even if it is just $20 or $50 DCAing. It makes you pay more attention, and that is when the real learning kicks in. Read more, ask questions, and gradually get better over time.
The experience is nice, but considering that many of us have no choice but to do the DCA because we don't have 1 BTC, it's the best option However, if we have the option to buy BTC, there's no need to think about it. You have to have BTC, and afterward, there's nothing better than having that peace of mind.

If the goal is to accumulate to get more BTC, then what you're saying is good: 20, 30, 40 USD every time you can, accumulation is the most advisable.

Well danadc..If you had started accumulating BTC at around the mid-ranges the amount that you are currently suggesting, at $30 per week at around the time of your forum registration, then by now, you would be quite close to having 1 BTC.  You would have had invested ar0und $12k and have right around 0.83227421 BTC.  Pretty damned close to a whole bitcoin.

At the same time, I doubt anyone is suggesting that 1 BTC is enough, even though someone just getting started might not be able to realistically aspire towards accumulating a whole bitcoin in the next 10 years, unless maybe he is potentially starting at around $250 or more per week, and even then, from my perspective, he may well need to bet to higher levels of BTC buying if he expects to get to 1 BTC or more in 10 years.

For anyone, like you, who potentially has spent some time accumulating bitcoin, he would be factoring in how many BTC he had already accumulated, and hopefully after nearly  years registered on the forum you would have had been able to accumulate more bitcoin than someone who is just currently starting, and yeah, sure it is possible that 1 bitcoin is even far from being reached even for a person, similarly situated to you, with nearly 8 years registered on this forum.

However, a stable source of income is important in order for you to keep your bitcoin accumulation ongoing consistently and persistently for 4-10 years and above. Since you have bought your first bitcoin, it shows a sign of commitment because you bought even when you don't have an income. You can look for a means of income with a discretionary income so that you can continue your bitcoin investment.
This is very true, there are no excuses for not having BTC , you have to make an effort to obtain Discretionary Income , I know that when you have a Stable job time is the problem , but everything in life Requires sacrifices and if it is to have BTC it is worth doing it.

Surely some kinds of job pay better than others, and sometimes we might be in a place in our lives where it becomes difficult to increase our discretionary income by increasing our income and/or cutting our expenses.  If we are still in the stage of accumulating bitcoin, then each of us needs to assess where we are at in regards to our abilities to increase our discretionary income.