Quote from: Cossyblack on Today at 01:29:06 PM

Quote from: SPIDERMAN008 on Today at 12:11:56 PM

Quote from: Platinumys on Today at 11:31:36 AM

Quote from: laspol65 on August 25, 2025, 02:04:50 PM

Quote from: AYOBA on August 24, 2025, 09:58:11 PM

Quote from: JayJuanGee on August 24, 2025, 05:09:07 PM

There is a good practice of trying to save/invest around 10% or perhaps even more for the future, yet there are so many folks who have fallen out of such a habit since for 15 years or more interest rates for savings accounts have continued to come down, and there have frequently been dynamics worse in some countries as compared with other countries in which currencies don't hold value so there are incentives to spend it - especially since there is no place to put it, especially if we are talking about only around 10% or so of the income..

Yes, when it comes to saving or investments is a good thing that we suppose practice about. Because it has helped many individuals become wealthy, and is not that they saving/investing all at once, they do so gradually with what they have in that particular time. That is why I am wondering about folks who have another source of income and are unable to use even 5% of what they make, which can multiply them to earn more than what they save/invest against future; and no conditions is permanent. No matter how much some people make per month or week, once their issues is more expanding, this money will not be enough to support them with their families. That is why it is good for us to engage in investing/saving, even a little percentage from our income is set aside for the future.

But that is why if we invest in Bitcoin according to the DCA method, we will definitely be financially prosperous in old age. Because Bitcoin is invested with the future in mind, because it is possible to get several times more benefits than banks. The higher the Bitcoin investment, the greater the risk of profit, which is why most people are currently expressing interest in Bitcoin investment. Because it plays the biggest role in being financially successful in the future.
Because every person wants to save their own money, it is most suitable to invest in Bitcoin, which is why we should consider it the best to think only about buying Bitcoin.

Everyone thinks about the future and deposits money in the bank or saves their money somewhere else. However, if you invest in Bitcoin without keeping money in the bank with a little risk and if this investment can be considered as savings, then the amount of money that the bank will return to that person at the end of a certain period of time, I think that person will get a higher return than if he invested in Bitcoin at the end of a certain period of time. But the problem is that we are not actually ready to take some risk, we keep money in the bank because if we keep money in the bank, there is no possibility of our money decreasing, but we are keeping so much money in the bank, but the exchange bank is not giving us any such interest. Therefore, those who know about Bitcoin should know the relationship between investing in Bitcoin and should invest in Bitcoin with a little risk. Maybe one decision can change a person's financial situation a lot later.

If you invest that money in Bitcoin, you will get many times more profit if your investment period is at least 4 to 10 years. So, investing in Bitcoin by following DCA with monthly discretionary income is much better than keeping money in the bank. You will get much higher returns. And if you invest according to this method, the risk is much less.

Yes saving your money in Bitcoin will yield more profits than when it is been held in the bank,although banks also offer variety of investments but we cannot compare it to what investment in Bitcoin can offer. Just so you know also that there's no guarantee given that when you invest in Bitcoin for the period of 4-10 years you will get many times more profits from investing. So as you're buying Bitcoin weekly or monthly regardless of the price and since there's no guarantee attached,you should continue buying only from your discretional income,in that way the risk of investments will be lesser.

this is not entirely true, ever since the inception of Bitcoin, bitcoin has steadily grown astronomically over the years, it has stood the test of time showing that, if you can invest and hold for longer period, there is 90% guarantee that you might get even double of your return on investment. there is no doubt that some investment don't have a 100 percent guarantee on return on investment, however Bitcoin has proven itself beyond those skepticisms and misconception, nobody can say he/she has held their Bitcoin for 4-10 years without recording profit at a remarkable rate. However Discretionary income investing in Bitcoin is not entirely because of the fact that you want to reduce your risk factor, but is also as a result of economic factors such as allowing you to still have some funds to invest in Bitcoin haven spent heavily on other essential things given the level of your income, however there are those who earn high and still invest heavily on Bitcoin not on the discretionary scale.