Remember that Bitcoin is not for everyone and not everyone can afford it. We must always accept this reality.
I disagree with you, because Bitcoin is for everyone and everyone can afford Bitcoin, Bitcoin is not something that you need to buy with hudge amount of money, the way Satoshi design Bitcoin, it allows us to buy it fraction by fraction consistently with our discretionary income using the DCA strategy until will accumulate a good portion of it and hold for Long team, let's say 4 to 10 years or longer in other to make good profits from it. So stop discouraging people by saying that Bitcoin is not for everyone, and not everyone can afford to buy Bitcoin, because it's wrong okay.
Yes, Bitcoin was created by Satoshi so that anyone could buy it, regardless of race, religion, or anything else. So, if you say Bitcoin isn't for everyone, I think that assumption is completely wrong. Also, if you mean that poor people shouldn't buy Bitcoin, I think, financially, that's both true and false. Basically, even poor people, if they have a strong desire to invest in Bitcoin, I think they can. As long as there's a desire, I think there's a way. Even rich people don't necessarily want to buy Bitcoin if they're not interested. So, the bottom line is, whether rich or poor, I think we just need a desire to invest in Bitcoin, and sooner or later, we'll be able to invest in Bitcoin. Therefore, I disagree with the assumption that Bitcoin isn't for everyone. Basically, if there's a desire, anyone can buy Bitcoin.
Poor people have trouble producing discretionary income and an ability to hold and continue to add to an investment for 4-10 years or longer... Yet, bitcoin is still available to poor people, even though they could end up contributing to their own financial harm if they invest into bitcoin beyond their discretionary income..
Bitcoin is for everyone and it can only be for everyone when you have a cashflow and discretionary income to start investing and continue accumulating
You don't need to be able invest continuously with DCA method in order to keep your bitcoin accumulation journey ongoing before bitcoin is for you to invest into. Anyone that has a discretionary income can invest into bitcoin provided he will holdi for a long time. It does not matter if he can continue purchasing with DCA constantly every week because some people only have discretionary income once in awhile.
It's better to get the fuck out of the no coiner zone and be a low coiner than waiting till when you will have a stabke discretionary income before starting your Bitcoin investment. If you can buy first, and continue working on how to improve your income either by looking for a second means of job or working on improving yourself by learning a skill or getting a higher qualification for an increase in pay in order to enable you buy bitcoin continuously with weekly DCA for 4-10 years and above for the gradual growth of your bitcoin stash.
DCA has to do with investing a fix amount of money in bitcoin at a regular intervals without looking at the market conditions.
It's not compulsory that you should use a fix amount of money to DCA every week/month especially when you have a small discretionary income. Your expenses for the week is what will determine how much that is leftover for you to DCA with since we must not invest beyond your discretionary income.
Some week, your expenses will be lesser compared to the previous weeks, you will have a higher discretionary income and you can invest more money into bitcoin. Any week that your expenses is very high and with a lesser discretionary income, you all invest with lesser amount. The most important thing is that you should keep your bitcoin accumulation ongoing with consistent and persistent for a long-term till you reach your bitcoin target.
I like the idea of trying to invest every week, especially for newbies and especially in their beginning years of investing into bitcoin, yet it is true that some folks might have difficulties getting their cashflow to a state in which weekly buys are practical in regards to how their cashflow comes in and/or when their expenses are due.
[edited out]
You can buy Bitcoin when the price drops but it should be a lump sum buying, When you are consistent in accumulating . Most new investors expect to buy Bitcoin when it drops further. I will just tell those investors that Bitcoin is still within your buying range so don't get it wrong now is the best time to use your assets properly.
You are mixing up lump sum buying and buying on the dip. They are two separate categories, and sure you can use both of them, but you should at least understand the difference.
When you buy on the dip, just because you use a lot of money, that does not convert your buying on the dip into lump sum. It is still buying on the dip.
i hear you , stating that Bitcoin is not for everyone is a kind of missing the point of how it was designed, you don't need to accumulate as much as a whole BTC that is the beauty of it. Satoshi built it so anyone can accumulate it bit by bit, with small amount it is not about being rich it is being consistent a strategies like DCA can make it possibility for everyday people to get in , no matter how little their income level is, so bitcoin is for everybody.