1.Link to post: https://bitcointalk.org/index.php?topic=5546384.msg65611442#msg65611442
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Description: Opinion
User: ruykeri


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Day 9

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You are right.Those who are currently hesitant about investing may be thinking that if the price of Bitcoin drops a little in the future,They are not really investors, their plans are more like traders.Those who think about investing for the long term never think about the price because it is at least accurate to say that as the years go by, the acceptance of Bitcoin will continue to increase and its value will continue to increase. Many people are sitting around without investing, hoping that the price of Bitcoin may drop significantly in the future.Because in the past, the price of Bitcoin has been seen to be much higher at the end of 2022 than previous year 2021 .I have detailed this in my post below.

https://bitcointalk.org/index.php?topic=5546384.msg65600938#msg65600938

Comparing the current Bitcoin position with the previous Bitcoin position will not work.The popularity of this has increased the rate in the last three or four years that has not been seen in even 10 years before 2020 .So even if the price of Bitcoin goes up or down in the future, its float will always increase.So, if you have some money left over from all your expenses, you can start investing regularly in Bitcoin for a long time  though a small amount of money.

You are absolutely You should only invest in Bitcoin if you have discretionary income.Although Bitcoin has become a much more profitable investment space over time..But since its price fluctuates very quickly, we should invest here for the long term and this is what all the discussions are about here.

And before investing in Bitcoin, you must have a proper understanding of Bitcoin.What is most important is fund management.  It is important to ensure that there is a regular cash flow.Then, after the reserve fund emergency fund is created, regular survivors will have to invest in Bitcoin only after a long time.And it is very important to maintain the right balance between daily expenses, emergency funding, reserve funding, and the money that is being invested in Bitcoin.

Michael Saylor says, #Bitcoin will “become the largest asset in the world in the next 48 months


In my opinion, the future economy will change a lot through Bitcoin.
And now Bitcoin has established itself as the world's most valuable digital currency.



https://x.com/BitcoinNews21M/status/1948698428143243592

Day 8

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Not just Bitcoin if the supply of anything is limited, then its demand naturally increases. However, Bitcoin's popularity is not only due to its limited supply or increasing demand. The biggest reason behind this is that Bitcoin can be traded completely independently. There is no third party or intermediary intervention. Additionally Bitcoin is currently the most privacy-friendly digital currency, preserving users personal financial freedom. The price of Bitcoin has fluctuated a lot, but it has been evident from the beginning that its value has increased many times over a long period of time. Analyzing the growth over the last 10 to 15 years, it can be seen that the valuation of Bitcoin has increased more and hundreds of times. The way it is currently growing in popularity, its price could increase many times over in the future. We cant even imagine how high the price of Bitcoin will be in the next 10 years. Bitcoin is still at a point where ordinary people can buy it in small amounts if they want. Suppose someone starts buying and accumulating a certain amount of Bitcoin on a regular basis, that is still possible. But in a few years, the price of Bitcoin may be out of reach for the common man, making it difficult for those who want to invest. In my opinion, the current price is still much lower than the future. So if someone starts buying Bitcoin regularly from now on, following the DCA method, then he will definitely benefit a lot in the future.

The government is printing Naira as it pleases, as per its needs, and the country's inflation rate is increasing day by day. This is not just a problem in our country. Inflation can also be observed in the economies of many countries around the world. The more money you print for no reason, the more the value of the money will decrease. If the more the value decreases, the more inflation will increase. We know that Bitcoin is limited to 21 million no more BTC will be added. And the demand for anything limited is increasing day by day, so the demand for Bitcoin will also increase even more in the future. Bitcoin now holds its position as the world's most valuable digital currency. To get an idea of what Bitcoin's price might be in the future, you can look at its growth over the past 15 years.
 


https://x.com/stats_feed/status/1947874060118938079?t=XNqJ3NOtyltwFvEgMhEL9Q&s=19

If we think about the world, there are about 8 billion people in the world and out of them, there are only a few people who have an idea about Bitcoin and some people are directly involved in investing. One day, when everyone will know about the progress and benefits of Bitcoin, its value will increase many times over. I think BTC is much less expensive now than it will be in the future. Therefore, we should strengthen our assets by investing in Bitcoin by regularly following the DCA method from now on. For the life security of ourselves and all our family members  if any investment can yield the highest profit in the future, it is Bitcoin.



https://x.com/Bitcoin_Teddy/status/1947766649891049939?t=gaRfPdv2-nyp74-pVatPfQ&s=19

Investing in Bitcoin is a psychological game. If you can control your mind, have the ability to control emotions, and along with that, you can think logically in decision making only then it is  possible to get something good.  If you invest or sell Bitcoin just following the market trend and timing it will never bring good profit . If someone starts investing with discretionary income and follows the DCA method, they may feel that they should invest a little more when valuations are low. , then he can put little money as a fund from the discretionary, and later, when he feels the price has dropped relatively, he will buy Bitcoin from that extra funding. This also ensured the continuity of buying Bitcoin on a regular basis according to the DCA method, and also achieved the goal of buying at the depth he had intended. But of course, I always give more importance to investing in Bitcoin on a regular basis. If you follow the DCA method, no one will worry about whether the price of Bitcoin has decreased or increased, he just invests regularly to reach his desired goal.

I think Bitcoin is a digital asset. People create any kind of wealth for future security. For example, someone deposits money in a bank, someone builds a house, someone sets up a business and money will come from there regularly as profit. And they will live off that profit when they lose their job or the regular income they are currently receiving stops. especially when they get older, they will be able to cover all their expenses with the profits they expect from their investments. Now the thing is, wherever you invest, there is risk. But the profit is much less compared to the risk in any other business. But if you invest only in Bitcoin for a long time, its profit will be many times higher. Which we can understand by looking at the status of Bitcoin over the last 10 years. If someone can own 10 Bitcoins by investing regularly over the next 10 years, they can live off of a minimum annual withdrawal of $50,000 without having to do any other work. This will be the best way of future security .

I completely agree with you. Most people think that the value will DIP and then they will buy. I think the value that Bitcoin has now is in the DIP end.. because it doesn't seem like it will drop any further. Bitcoin may reach a price around 150k in the next 4 to 5 months. Those who start investing then will think that if they had started 4 months ago, they would have definitely made more profit. Actually, it's true that you have to think about a lot of things before making a decision. but if he will think that he will invest if the price of Bitcoin drops, they will not be able to continue investing for 4 to 10 years according to the DCA method. When the price increases significantly, they will sell their BTC. But if you invest patiently for 10 years or so, the profit would be much higher. Investing in BTC using the DCA method is much more profitable than any other investment. Now, more important than how much money he starts investing with or how much BTC he buys and starts HODLing is how early he decides to start investing in BTC and how long he will continue investing for. I think that every moment is the right time to invest in Bitcoin. As the days pass, the more profits we will lose.

Day 7

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In fact, education ultimately has little to do with getting a job or earning an income.Now, jobs are generally obtained through skills.Many people are joining various types of jobs through people they know.Now the thing is there are many people who have completed their graduation, but despite having sufficient skills, they are not getting jobs.There could be many reasons for this.Maybe there are fewer jobs for the type of work he knows.Or he is not getting the job he wants.But for whatever reason, if you are not getting a job, then you should develop yourself as an entrepreneur. If he has some money saved up, he can start with a small business if he wants. then, as he gradually gains experience, he will expand the business.So it is better to do something instead of just sitting around for a job. Any type of business, in which it is possible to make a profit with a small investment  that type of business should be done.Then, if the income continues to come, if his money starts coming in regularly from that business  after that, if he has more money after spending all the money he needs to run his life , Then if he wants, he can invest in Bitcoin from that income, little by little.If you invest regularly, you can definitely expect good profits after a long time. So instead of just sitting around for a job, you should start by doing something small.



https://x.com/saylor/status/1894386938381271163

Those who have some extra money left over after meeting all their monthly household expenses, family members' needs, and other needs and that person regularly deposits money into a savings or reserve fund and gradually increases it. In that case, if he has any extra income, he may consider investing that extra portion in Bitcoin. But for a person who is struggling to run his family, I think investing in Bitcoin is not that easy. You have to invest in Bitcoin for the long term. Because the price of Bitcoin fluctuates from time to time. But if you hold it for a long time, you can get good profits. It must be 10 years or more. Because in the past, it has been seen that the price of Bitcoin has decreased a lot, but it has turned around with time. Bitcoin's valuation fluctuates with any major or minor event in the world.
The way Bitcoin's valuation is progressing now, the price could drop a little in 1-2 years due to any kind of event. But I don't think Bitcoin's valuation will drop much now . the chances of that happening are very slim. So now the point is, for those who don't have any money left after their monthly expenses, who don't have any reserve funds, don't have any emergency funds  for them investing in Bitcoin is much more risky. Now imagine that the price of Bitcoin is $118k. One year later, for some reason, the price of Bitcoin drops by 30%. And at that time, the person who has no emergency fund, no reserve fund, and even no savings, will need the money for some major need. He will have no choice but to sell Bitcoin. So he will be forced to sell Bitcoin at a loss. But if he was financially secure, had a reserve fund, an emergency fund for at least 3 months of expenses  then of course he could have continued investing as he regularly did, without selling Bitcoin. And besides, he could solve any kind of emergency financial problem for himself or his family. Therefore, it is very important to have your own financial stability before investing in any type of investment, not just Bitcoin. As a result, there is no need to sell Bitcoin before achieving the desired goal of investing in Bitcoin.
So in my opinion, the things to keep in mind before investing in Bitcoin for the long term using the regular DCA method are:

1.Of course, he must have a regular income, the amount of which should be such that at the end of the day, apart from all his expenses, he has some money for investing. And He cannot have any large debts to anyone.

2.The price of Bitcoin fluctuates a lot, and sometimes it can even go down a lot  you have to be mentally prepared to accept all this. Sometimes, when the price drops significantly, many people panic, and then if it rises again, they immediately want to sell Bitcoin . you should refrain from making such decisions.

3. Investing in Bitcoin must be done for the long term which will be for a period of 4 to 10 years. You should invest on a regular basis from your discretionary income, following the DCA method.

4. He must have a reserve fund and an emergency fund, so that he can meet all kinds of incidental expenses including his family in adverse times and can also continue investing in Bitcoin. The emergency fund should be kept for 3 months.

Day 6

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That's exactly the case.If you don't have money, there's no question of investing.And if someone doesn't have money, they won't think about investing like fools.Why is it important to first know how to manage funds properly when investing in anything, even just Bitcoin?First of all, he must have an income, whether it is daily income or monthly income. He must have a regular flow of income.It is not enough to just have a regular income, but to have enough income to support himself and his family members with food, clothing, education and security.In addition, he can save some money for the security of his family and his own life, he can keep some money as a reserve fund.If he has some money left after doing all this, that's when he can think about investing.He will think about how and where to invest, and after gaining a lot of knowledge, he will start investing towards a desired goal.Now everyone thinks it would be too risky to invest in just one road.So, if he wants, he can invest in any kind of business according to his mentality and freedom.However, all types of investments carry some risk, some more, so it is very important to have a sufficient understanding of the subject before making any investment.However, I personally think that investing in Bitcoin is more profitable than investing in any other sector, although there is certainly risk here.And to mitigate this risk, we are asked to invest in this credit income through a regular process over a long period of time using the DCA method.
When you buy Bitcoin regularly with a certain amount of money over a long period of time, you will eventually reach your specific goal.Investing in Bitcoin can yield several times more profit than investing anywhere else.The longer you invest, the more profit you will make. I think it will continue to grow at a geometric rate.Because if you do a little research and see what stage the world economy is currently in, you will definitely be forced to give importance to Bitcoin.The world's leading economists, major institutions, and even the heads of the world's most powerful countries are holding Bitcoin and using it as a security for their countries and their institutions.We, the common people, should not think according to the way of investing of the world's big institutions or person .We need to understand that we will buy Bitcoins for a particular long period of time with some money in regular bills and when we lose our jobs and our income Source  stops Then we will manage our lives by withdrawing Bitcoins to do whatever we need.If you can invest more regularly from now on, then 10 years from now it will be possible to get a lot more money with a small amount of Bitcoin.Because it is expected that the price of Bitcoin will cross 1 million 10 years from now.At that time, your small accumulation of Bitcoin will become a very large asset.You have to keep in mind that Bitcoin is currently the most valuable digital currency in the world.It is called digital gold, so gold is always valuable. Although its price fluctuates, at the end of the day, Bitcoin will definitely bring valuable profits to everyone.We have to have faith, but it must be logical faith.

 

I agree with you because if someone invests all of their discretionary income in Bitcoin regularly, then it can be called aggressive investment by definition, but according to the person who is actually investing , it may not be feel like him as  aggressiveness . People think that investing aggressively in Bitcoin is very risky, but the main theory here is that the investment is made from discretionary income.  If there is any income outside of those expenses of a person  then it is called discretionary income. Another thing to know is that if he saves some money in  every month as a savings ,reserve fund  and other. After this kind of spending money in every month, then the remaining part after deducting all these expenses is understood as a discretionary income . He can do whatever he wants with the money outside of this daily life spending money , and it won't be a problem for him to live on. 

If anyone invest 100% of his discretionary  income in bitcoin it wont be risky for him because this money  is separate from his daily expenses like savings , reserve fund and emergency fund also. But if he puts all of his total wealth into one specific business then it could be very dangerous for him  because he is investing  all of his income and assets in one place.
Now the question may arise what is the probability of profit or loss in Bitcoin? If you look at the statistics of the last 10 years, you will get a clear idea about this. if you are basically invest for a long time, regularly, that could be more than 10 years by using DCA method . it will be way better than any other investing.  The longer you invest, the more likely you are to make a profit. Now Bitcoin has reached a point where it is that the price of Bitcoin may not huge drop in the future. In my thinking bitcoin price will not be under $100,000 in future . Now is the time to think like this “I intend to invest in Bitcoin for the next 10 years using the DCM method. I should think about how much more times profit I will get compared to  total investing  after 10 years''.