Many of us here must I've heard about "The Power of compounded interest". Here I want to discuss about the "The Power of compounded accumulation (investment).
The first rule of investment is - Invest with what you can afford to lose. Meaning, if worst comes to worst you wont be emotional after losing. But the power of compounding accumulation can change that narrative. Something every investor should never underestimate. Unlike trading, where you get profit when timing the market. In bitcoin investment you can get better profit when you compound your accumulation for a long term and only withraw when you reach your goal.
In the process of accumulating. There will be a point to where the money in your portfolio is no longer an amount you would want to lose anymore. Right.
For example, let say you invest as low as $10 every week and in a month you get $40. And in a year, you've invested $480. The money keeps piling up, as the year increases. In 10 years, you will have a comfortable amount or more if your discretionary income increases you can invest more.
The compounded Bitcoin in your portfolio becomes an amount you no longer want to lose. This is where you need to take extreme caution to not lose your investment by greed.
What is your take on this?