Re: Buy the DIP, and HODL!

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..

Not all poor people are having trouble producing discretion income, it could be poor people without planing or financial management. Being poor doesn't signifies not being able to have discretion fund or income, but due to the way some people kept themselves it now looks as if they can't have discretion fund or could end up contributing to their own financial harm, but I bet its not always like that. Just that some makes it look so. Besides that I don't know how we can quantify a poor person, because I see that each person has his level of income and provided they can afford as little as they can then they can't be considered poor. To me a poor person in Bitcoin investment is a person who can afford to buy any amount of Bitcoin despite the amount they have. They might be rich but lacking the passion of investment into Bitcoin can be considered poor. To me a no coiner or low coiner is poor minded but an investor who invest as little as they can afford without being biased can be considered rich because rich and poor is not the finance but the mindset and how we take investment seriously that can determine who is rich or poor. A poor minded person is poor, while a rich minded person is rich if put to action at the right time.

A poor man is some one who cannot provide or lacks financial resources other to meet is basic needs and a good standard of leaving, who is below social standard and so if you have such person how then do you want him to invest in bitcoin because since he can't provide all these needs for himself, how then can he set aside discretionary income to be invested in bitcoin, it is only if he chooses to come out of his poor situation that he can be able to get a discretionary income they he can reason and plan about his bitcoin investment using the dca method which is a very easy method of accumulating bitcoin for a long period of time which will help him come out of his poor financial state.

There is every possibility that people who find themselves in this similar situation would find it difficult accumulating or buying bitcoin, that is why it would make more sense if someone who have interest in buying bitcoin should always find a way to create a cashflow or something to have an income that would definitely create an opportunity for discretionary income, bitcoin is very easy and simple to buy and accumulate because you dont necessarily need a lot of money to buy and accumulate bitcoin, a little discretionary income could happen to be enough in buying and accumulating bitcoin, I think even poor people doesn’t live without eating, there are still little means in which they can possibly be making money, and be taking care of their expenses which is why they can be able to afford bitcoin if they possibly have a cashflow. There are people who are called poor but if they have a mindset of buying bitcoin they can still possibly do it, that is why we have poor and average and wealthy individuals, as the level of cashflow is different that is how the amount of bitcoin accumulation will be different, but that doesn’t stop anyone from possibly buying and accumulating bitcoin.

Priority has been given to figuring out a discretionary income to be eligible to invest in Bitcoin investment but however, there are other way anyone can invest in Bitcoin if they don't have a discretionary income available and that is investing their time and energy in trying to learn about Bitcoin while trying to work out and improve their financial circumstances in to figuring out a discretionary income to accumulate Bitcoin, Bitcoin is not just a trend it is a hope for man kind and of course we should keep encouraging people in to either investing their time energy and resources in Bitcoin because it really worth it.