Bitcoin Forum

Many of us know about Bitcoin. But due to a lack of funds, we regret about Bitcoin investment. Many people, particularly those from low-income families, regret when we can't invest in Bitcoin. Though we can't solve this problem, we can struggle to achieve our goal. For our daily needs, we must need money to survive. Sometimes we spend money on unnecessary things. So we can avoid spending unnecessary money because we can survive without it. And we can start investing in Bitcoin with that money. We have to find a solid income source, even if it is small. So we can go ahead with our bitcoin investment. If we struggle now, we may build a bright future. Even students could save some money from their daily spending and invest in Bitcoin.

Definitely correct mate. Bitcoin is the best investment anyone can put in his money now and be rest assured that in years to come, if he hodls, he has something to secure his future.

 Like I've said In somany other threads, Bitcoin is the only investment compared to any other where you don't need a huge amount of money to start. With as little as 5 to 10 dollars, you can start your investment and accumulate using the dollar cost average. This way, you are certain that no matter the condition of the market you will still invest your said amount.

We shouldn't let any thing stop us from investing in Bitcoin as in time, when you see what you have profited from your investment, you will smile and say thank God I had invested.

Thanks for the reminder, it's really difficult and majority of us here struggles with money or even to put food in the table for our family. But we all know that crypto gives us financial freedom, not a get rich quick scheme, as others might have seen it. Investing on it and making profits is not going to be easy. As there are a lot of factors and inherit risk.

But if you master everything, or at least you have experience the ups and downs of the market itself, you will not regret the struggles early and then the reward of making profits in the future will be fulfilling and there will sense of satisfaction that you made the right decision.

best advice is to
a. look at your income and spending and cut out the non essentials so you can have some excess funds of unspent income
b. save enough easy access money as a rainy day pot of money for emergencies (not invested in bitcoin)
c. once you have the rainy day emergency savings to cover unexpected life needs then invest ongoing excess income

that way you wont be tempted to sell invested bitcoin at losses should a real world emergency occur because you have the rainy day fund as buffer

dont go full hermit crab living under a rock (not living, just investing).. but think about the wasteful spend stuff that doesnt make your life happy.
EG things that you spend too much on, like fast food which just ends up as a toilet flush within hours
if you need clothes, buy them. but decide if you really need top brand or just any non-brand to cover yourself up
do you really need all top package entertainment subscriptions or can you find the movies, music on free-sites

other things like
if you are investing EG $1k a month and day-trading to get 2%($20) a day. dont then spend $25 on fast food delivery pizza. instead get a $5 supermarket pizza and save $20.. thus still live the pizza life experience thus not diminishing your cravings. but being smart about it

I think it's getting harder to build a bright future by investing small amount of money in bitcoins because price is already too high to experience exponential rise. Bitcoin was the best investment option for poor people when its price was very low, probably under 1K but another problem here is that those who were poor, didn't have access to the internet.
I think that what you say is easier to do for those who live in EU or at least have access to universal healthcare because it will help them in critical situations and holders won't have a need to touch their Bitcoin savings.

By the way, transaction fees are so high that it's even harder for poor people to invest right now. I would say that centralized exchanges give you flexibility to invest an euro or two every day and buy some satoshis but exchange withdrawal fees are so high that it's meaningless. You probably have to risk to leave your funds on exchange if you try to frequently buy small quantity of bitcoins.

It's a pitty most people don't have the opportunity to invest in bitcoin due to poor family background. But I think poverty is not an excuse of not succeeding in life. But rather a challenge to pick up the mantle and do a better thing In life. Some rules need to be changed. Expecially when your parents dont have money, and you are also using it as an excuse. I am from a poor family and I have been striving to find a way to call off that poverty, so I tried many thing but all to no avail until I got the information of this forum and I joined and also learn many things about Bitcoin. Although the campaign I join is small one but the money I get from it I have been using it to invest in Bitcoin and also keeping some for reserve. With the hope I have with my little beginning I believe that my future will be bright someday.

We can not achieve everything at once but start from somewhere. Afterall they said Rome was not build a day.
The problem most youth alway have is always not wanting to start from scratch. They always want to start big forgetting he who fails to plan plans to fail according to a popular saying.

Yes for the Bitcoin journey to be successful, one need to have an alternative to the fund, like have an extra income source to enable you not touch you investment. Just as JJG will say it's important to to divide ones income into 3 part. 1 for DCA, 2 for feeding, 3 for reserve or emergency fund or for security purposes incase emergency occur

One thing that is clear is that, nothing that will be beneficial to you comes that easy, you have to make some sacrifices (hard work, patience) before you can get to achieve your goals sometimes. Making yourself a bit uncomfortable to have an investment in bitcoin is not a bad idea if you look at the bigger picture and what you stand to benefit from it in the future.


Actually, a lot of people that have known about bitcoin including students, they spend extravagantly but cannot spare some money from their pocket to invest in bitcoin. The reasons being that; they can’t be patient to wait for the long term to get a profit from the investment and some keep procrastinating that they want to buy until it is too late for them and others close to them that have invested will start benefiting from the investment. While many people struggle to invest in bitcoin, some people just don’t have the patient or feel lazy to have an investment in bitcoin.

If we want to see a brighter future, we must sacrifice at the moment even if it means not living on our comfort zone. It takes a matter of courage and motivation so we can do hard things today and benefit them later on. Bitcoin investment is quite expensive, so saving and not spending on unnecessary expenses is the best thing to do. And of course being patient and positive minded, everything will be possible so we can build a brighter future with bitcoin.

It will take so much sacrifice for a low-income earner to invest in Bitcoin. Most people in my area are not earning enough to cover their basic needs, therefore saving is usually an impossible task. Such a person might consider searching for another high-paying job or getting an additional job so that they could save and invest. Many people have wasted the money they would have used to invest in Bitcoin on luxury materials. These set of people prefer to spend money rather than invest for the future.

I always tell some young lads that it is what you invest today can buy you more than what you cannot afford today. They should not be carried away by current trends in fashion, phones, games, travel etc. Others are waiting to have large funds before they invest but they fail to understand that using DCA is one of the best means to invest in Bitcoin at your own pace.  

Although this medium is not very popular or easy, finding a job that pays with Bitcoin is another good means of accumulating Bitcoin. Learning a skill that is needed in the Bitcoin space and getting a Bitcoin-paying job can assist people from low-income families to accumulate.

Over the years, I have studied most people around me and their lives, and I have noticed just one common thing that makes some people rotate in a particular circle, and that is that they spend so much money on unnecessary things, forgetting that investing in something is also an important agenda item to tackle.
 
Most people don't know how to separate their needs from their wants, and they treat their wants much more seriously than their needs.

If people can start treating investment as a need for those that take their needs seriously, then they can spend more money on that, knowing fully well that not everything that they gather today is supposed to be spent on; some are meant for investment, and if investing in bitcoin can be treated the same way most people treat luxuries, then their lives might never be the same, or they might not go back to trenches as a result of mismanagement.

Well, something like this is still a common thing that happens today because the desire is already there when seeing the potential of bitcoin but limitations in financial matters sometimes prevent some people from being in bitcoin.
But in this case I still feel that if there is a will then the way will definitely open. Many are fixated and do not want to try harder so that in the end bitcoin is left alone because they feel that this cannot be achieved but with hard work in the end I think everything can still happen.
Many of us today are small investors and can only invest from the spare money we use in supporting our daily lives but the fact is that it can still be done so in this case the problem of poverty conditions can indeed be a barrier but we must be able to change that with all the abilities we have because if in the end we do not move and only lament the fate we have then the future will not be able to change.

I think that the best way is to trim down our expenses, and also try to get a second job that will add to our income to enable one to also partake on investing in bitcoin. Self management plays a vital role in our financial life, and anyone with good self management will be able to invest in bitcoin no matter how little he can afford to use in buying bitcoin gradually through DCA. The challenge that I see is when the person does not have a means of income and can hardly take care of his basic needs, it becomes a big problem for such person to invest in bitcoin and hodli for a very long period of time without selling when an emergency arise. Nothing good is easy but with discipline and sacrifice, one can work towards being successful in his bitcoin journey.

I guess everyone that decides to invest in bitcoin started from a scratch. Some even used their hard-earned money that is intended for another purpose and use it instead to invest in bitcoin. That’s how tempting and irresistible bitcoin investment is, because we all know that everything will certainly paid off in the end. However, others may not still find the right courage to invest, but once bitcoin will become mainstream, surely they will do everything so they can ride the hype with bitcoin. Maybe bitcoin is really hard to invest in the start, but if you have sufficient funds to invest and you have good knowledge about bitcoin, that will definitely not a problem.

Remember not everyone have access to even buy "unnecessary things" due to the economy. Most of the people on 3rd world country even struggle to buy their needs, they won't bother to make an investment if they are struggling to even buy daily things for their life. It depends on where they come from, not everyone have a fortune to invest unlike y'all here, it might takes time to even make an investment but it's not easy like you said.

This reminds me of a saying by Dave Ramsey, who is a writer that tries to help people get ahead financially.  His famous quote is that people need to, "live like no one else now, so you can live like no one else later."  Basically saying that you shouldn't be keeping up with the Jones family or buying unnecessary expensive sneakers or other flashy stuff.  You should live frugal now and save money while investing in the hopes that someday you can live off dividends and buy whatever you want.  I'm not sure he'd say to invest everything into Bitcoin, but as many of folks say, it isn't about what you make, it's about what you spend or maybe more importantly, what you spend it on.

Lowering our expenses through removing the unnecessary expenses like subscriptions, online shopping of things that you don't need and going to fast food restos instead of cooking your own meal. This is going to save you a lot but for health concerns like a gym membership, I'd say that it's an important expense that you don't have to sacrifice because that's part of your health maintenance and someone has to allot money on it. And as we desire to invest, we have to adjust with our expenses and also with the wants that we can survive even without having the need of it.

To those that struggles and thriving to make ends meet. You all have to keep on going and trying to determine your priorities. It's like spending a couple of bucks for your vices can be sacrificed and allot that into investing Bitcoin. Or, the much better preference as said is to increase and have a more solid source of income. With this, I think that you'll be able to allot with all of things without having the need to sacrifice any of those as long as you know how to budget and can do things accordingly with the budget that's left to you with the amount you earn.

Cutting those unnecessary expenses might help us have more funds for other things, such as investing, but that's not the only solution or option there. If you are committed and really want to invest in bitcoin, then finding other means of income to raise an amount to be used for investment is the best possible way. In short, I'm saying don't settle for less; keep striving. If you want to invest in bitcoin and don't have enough funds, then find a way to make extra income for your investments. Yes, it will be a hassle because aside from doing investment stuff, you have another job. Well, that's life. If you don't do anything for you to earn or grow, then it means you are content with what you currently have, and if you are not a wealthy person, then you don't have the luxury to be lazy in life. Keep striving until you succeed in a crypto or non-crypto career.

Seriously, people are really suffering, the economy is just kind of harsh, and lots of people are finding it difficult to invest. I know most people who don't invest now will regret it later in the future, but if you don't have money, then you can't invest. If you are making little money, then use that to invest in yourself. Make sure you eat well and take care of yourself. Don't force yourself to invest. If you use the money that you are supposed to use and take care of yourself to invest in bitcoin, then your investment profit might not be enough to take care of your medical expenses later in the future.

Even if some people don’t spend on unnecessary things, then they will still find it difficult to invest in bitcoin. You won’t just understand the way some people are suffering, the money being paid to some people at their workplace won’t even take care of all the necessary things that they need. How do you expect people like that to invest in bitcoin? That’s not just going to be possible.
 
Some students are the ones taking care of themselves, they are the ones paying for their tuition fees and other expenses, and they do not always have money left. How will people like that invest? As a student, just take care of yourself, and that’s also an investment. Don’t starve yourself because you want to invest.

This quoted part is one thing that new investors needs to understand, bitcoin has its fractions or smaller United called Satoshi and with this fractions one can simply invest just any amount that can afford to invest in bitcoin without having to own a single bitcoin. But the problem with people is that they want go in with a large amount into bitcoin mostly because the larger the amount the more the profits when it raises. But bitcoin investment isn’t only about gaining profits but also it safeguards your money from inflation face when it is in fiat currency. Leaving your funds in local currency only makes it lose its value because of inflation but bitcoin as a store of value is an inflation hedge.

As a new investor one needs to Just understand how to gradually increase one’s Bitcoin portfolio and this is been helped by doing DCA this way you get not to think of either price will come down or raise again but can buy at just anything time

Struggle to invest, but do not invest your fees or tuition, do not invest money meant for healthcare and necessary things, do not invest someones money.Do not just struggle to invest, struggle to hold what you have invested after you have invested. If you spend anyhow an amount of money that you should be investing currently into bitcoins knowing the potentials you will spend tomorrow regretting and suffering from the decision you've made because you will not have any investments you can fall back to when you get old and your income source has reduced because you do not have the energy to keep the various sources of income flowing. If we struggle today, make sacrifices, spend on only the necessary things we need, reduce what we give out to people in the form of assistance, there will be more to invest in bitcoins.

This is not surprising anymore for us who have set goals for our future. Not only when it comes to bitcoin investment, but certainly in all aspects of our life we have to struggle for that. And if we can do that wholeheartedly, without making a lot of complaining, then most likely it will be a smooth sailing for us.

Being born poor and has not received a lot of opportunities to earn to invest, the struggle is not that easy. There are times that you have to only focus on what’s necessary for survival and ignore those wants that will only create unnecessary expenses. The struggle is real when you have certainly no source of income, because you will really feel extreme poverty. But if you know how to struggle for now and see the positive side of it, you will come to accept that in every success you wish to achieve, there’s always a part of taking sacrifices. You need to pay the price of success even if it means putting yourself at a compromise for now.

Make sense but we must be cautious because no one knows what will happen to Bitcoin in the future, investing always comes with a risk.
But you can improve your decision-making by doing proper research and education.
The tips I am applying with investing in Bitcoin are first, adoption and utility and longterm perspective.

They should now that earning bitcoins is not all about acquiring it since if they only look bitcoin that way for sure they will get discourage to participate since bitcoins price is really expensive for them.

But if they look at other perspective then find those good opportunities to earn bitcoin from skills they have for sure this struggles will be temporary and for long term there would be great changes to happen in their lives since there's a lot of opportunity to take on bitcoin activities and its up for people on how they grab those opportunities.

I know its hard to earn bitcoin but if we have courage and open to learn new things for sure many opportunity will knock on our doors.

I think in all investments comes with risk, but if you are highly knowledgeable and experienced on the investment you are trying to indulge, then that won’t be too hard for you. But still, being cautious in your decision making is still a must, otherwise you will only suffer from losing a lot because you come to invest like taking a loan or spending the amount you can’t afford to lose. Bitcoin investment has still no certainty that it will always bring profits in the future, so always have a back up investment if ever that happens.

I tend to agree with this, any aspect of investment has always a risk not only in crypto.
It's always unpredictable in the future and no one knows what will happen.

You should have expertise in the chosen investment, so prudence is key, it's crucial to be cautious and avoid overextending, especially when dealing with uncertain assets like Bitcoin.  The best thing to do is to have diversification and a backup plan is an ideal strategy to deal with the unpredictable nature of financial markets, just like in trading, there should be a stop-loss.

OP was right, don't stay in your comfort zone today to have a better future.
Make a passive income and invest what you can afford.

This is a good advice and an encouragement to anyone who is still procrastinating to invest into Bitcoin. Some people's excuse why they have not invested into Bitcoin is because they have too much financial needs and desires which they want to solve all of them before they can invest in their future. They fail to realize that human needs and desires are not usually satisfy, the more you try to solve some needs, many other will arise. So, the best decision to take is to try and invest in the future even while attending to some other needs, invest small amounts into Bitcoin too and if you keep investing small amount, you may not know when you will accumulate a huge fraction.

Secondly, lack of sufficient income is what has made some people to still procrastinate their investment, while if anyone really wants to invest into Bitcoin, strives hard to do so, they definitely will archive their goal. Steps to add up to one's income is to engage in other side hustle too and not just depending on only one source of income which can never be sufficient enough.

The situation reminds me of the aftermath of 2008. Back then, many people lost hope in the financial markets, particularly in real estate. However, those who endured the struggle and chose to invest in housing despite the pessimism eventually found themselves becoming wealthier over time. This scenario parallels investing in Bitcoin today. It's a struggle now, with the market's ups and downs, but just like with real estate post-2008, there's a potential for a brighter future for those who invest wisely and patiently in Bitcoin.

To those who are struggling the priority is to have a job or a source of income. Investment might take the back seat. That's the reality especially among those who are wage dependent or daily wage earners. Although poor people should learn how to save and how to wisely invest their savings, most of them actually don't have time for that. They are busy looking for money just to meet their very basic needs. And sometimes even after working day and night, their basic needs remain hard to fulfill. Developing skills is perhaps the better priority.

Many students now might be aware of the term cryptocurrency or Bitcoin. Me when I'm still a student isn't aware of the term "investing" which is kind of disappointing because if only I knew about investing and cryptocurrency by the time I'm still studying, I might've started investing way earlier.

I only started investing when I graduated from college. Kind of young compared to other, but still late for me because I could've start earlier. Anyway, it's good that nowadays, I'm seeing younger kids being aware of investing, and there are some who are saving at a young age. I'm pretty sure that there are some who are aware of Bitcoin as well, and they might be investing into it already.

Struggling for a better future? I already put it on my mind ever since I started investing because I believe that if you start earlier, you will become a successful one earlier as well, and if I need to struggle just to achieve that then I'll do it.

It's really wrong to force someone to invest in Bitcoin, I believe sooner or later people will discover Bitcoin is one of the best investment, but it takes time to reach this stage.

1. Poor people who has a small paying jobs and can't fulfill their needs, they will look into higher paying jobs.
2. People who already have a jobs that can fulfill their monthly needs, they will look into higher paying jobs (again).
3. People who already have a good jobs that pays well, they have more money to invest, they will look into the safest investment e.g. time deposit, ETFs or gold.
4. People who already have a good amount of money and high paying jobs, this situations will make them able to choose what they want. It could be start a new business, invest in high risk investments e.g. Bitcoin or stock, get a degree or certification etc.

They need to be safe first, poor people don't feel safe when they're always thinking about how to make more money.

The only way one can comfortably invest in bitcoin without depending on it is just to increase the income, because if the income is low and you find it hard to even afford somethings for yourself,  investing in Bitcoin can be challenging.  So the best thing to do to make investment go smoothly is just to increase the income. With this it will be easy to afford the basic things you will need daily and you can also afford invest some amount of Bitcoin without depending on it profits to survive.

And if we should be very conscious on how money is been spent on things that are not important it also help one to have a good investment in bitcoin.  Instead of spending money on things that do not have value it is better to pump in this money to invest bitcoin which we surely yield good profits. Increasing the income and being discipline on how money is spent will really help to achieve the dream of investing in bitcoin.

I believe the OP is futuristic in his thought, he believes that since savings are good, we can save in Bitcoin as well, and this is even better than saving in traditional banks as it could earn us money in return for the multiples of what we invested. To make it convenient and affordable, the savings suggested is a very good approach, and even if you are struggling or not, you can be able to plan towards it. You will just erase your mind from it and continue to make your money at your own pace. Before you know it, you will have saved a whole lot which I believe is better for our future than keeping money in the bank or eating with all our fingers, but when the future comes we will now be depending on others.

It shouldn't be like that, our future is important and it starts now. I mean the plan for it, so it will be good to start some investments like Bitcoin, nonetheless, we should make sure that we keep it rightly. Investments will always be better than savings, and thankfully, Bitcoin and other cryptocurrencies have brought it to us easily.

Well, not all people think the same. Most people who lives and survives with minimum wages usually don't spend enough time to learn new skills to be in a better position with better compensations as well. They are driven with their instinct to survive and that what keeps them busy in doing all sorts of job stuck with their line of expertise. This kind of living is really hard keeping aside some funds for investments or savings.
This made me realize that learning how to manage your finances, savings, and investment at a younger age is really important in equipping ones self in the future, especially when one decides to build his own family.
I'm not sure how willing the youth of todays generation to sacrifice their vices and stuff like these to keep that money and invest it in bitcoin or any other assets. Based on my experience, saving is really hard to achieve. I could save for a year and spend it to stuff that doesn't have value after, but that's pretty much it.

You should definitely need to take some money out for investment. You need to follow the golden 30:40:30 rule in order to survive and make money. Invest 30% of your earnings in investment(majorly in Bitcoins), 40% for daily use/paying bills and the last 30% for savings. If you are able to follow this then definitely you can make good money and your life won’t be that hard. Moreover you don’t have to regret later on also.

If our income is low for sure we can only get limited amount from it that's why in  long run the return will also be small so its not really worth it to spend a long time waiting for the result. That's why its important for anyone to increase their income so that they can possibly acquire a large volume so they can stake decent volume to wait for future.

But if they can't afford this for now since as been said that their income is limited then I guess maybe they find another option where they can earn bitcoins since from they can earn bitcoin by just doing some task for other people and get paid for it we can browse online some jobs or task that pays bitcoin so maybe they should consider to see that one if it fits on their skills since if they successfully acquire those jobs for sure they can earn bitcoin by their effort exerts on some jobs around.

The bitter truths

1. If you are not making any money, don't look into Bitcoin investment or any other investments, they are not meant for someone like you.

2. Make sure you are comfortable enough, after you get a job or a source of income, make sure you can eat well, pay your bills and have spare money enough for investment, or else you will keep your eyes fixed on the Bitcoin value every day or else you overreact when price dump.

The easier and comfy your DCA is, the more you will be able to hold for a long term, have less expectations on price and take profit only what Bitcoin have skyrocket, in those times, people around you will start talking about Bitcoin, wanting to buy, simply because the price have made a new all time high, for you, it's the best time to take profit.

Investing in the market is a good source.  Bitcoin is increasing in price day by day if something can be held from now on.  Then you will get a good profit at one time.  The price of bitcoin will not decrease and will continue to increase day by day.  One day Bitcoin will become a popular coin.  It will be prevalent everywhere.  So some students buy bitcoins.  Then their future is bright.

If I were to offer my top pieces of financial advice, I'd say first take a good, hard look at what's coming in and whats going back out.  Trim some of the fat where you can - the morning lattes, the streaming services you never watch etc.  Putting even a small bit of spending on a diet can free up extra money you didn't realize you had. 

Once you've opened up some wiggle room, start setting aside cash in an emergency fund and  doesn't need to be invested or accumulating interest really - just there for a rainy day when life hands you a big unexpected expense.  Having this cushion means you don't panic-sell assets at a huge loss.  Been there myself too many times.

With your spare cash put away for a safety net, then you can start investing ongoing excess income into longer-term growth vehicles like Bitcoin.  It stings less watching market swings when your rent isn't relying on it.

Obviously easier said than done to reinvent financial habits.  But keeping the focus on building up cash reserves before investing has served me well over the years.  Few things suck more than losing money you need to keep the lights on.  The boring stuff like budgeting and saving comes first.

There are other people on the other side of the scale. Those who have free funds and can afford to invest in bitcoin, but have doubts and watch the market from the outside, having never tried it.

I don't even know which is worse. I think both options are bad, because they don't allow you to purchase bitcoin.

Penny by penny saved from unnecessary expenses can be gradually accumulated bitcoin. I don’t think this will make you rich, because investments from that kind of money don’t look impressive, but in the long term it’s still better than not having an bitcoin at all.

With the right desire, funds, even small ones, can always be found. Be it students or schoolchildren. Money received for part-time jobs or gifts may be more profitable to invest in bitcoin than for momentary entertainment and various junk.

This is an opportunity one shouldn't miss bitcoin is increasing and the bull market is not far from us, it will be of good decision if we can plan hodl bitcoin for the future because it going to be really profitable.  This is the season that one must hodl bitcoin because after now it will take sometime to participate in the bull market again.  This should be an opportunity that one needs not to miss because it is something that is hard to forget not hodling for the bull market.

In the midst of increasingly difficult human life, the ability to minimize expenditure that is not needed so that income and expenditure can be balanced. Financial difficulties will prevent anyone from investing because they have difficulty getting money. The solution is to avoid excessive spending and increasing income by working elsewhere so that we can set aside money to get involved in Bitcoin investment. In this way a person can reach the stage of financial freedom through aspects that are prioritized and this method is considered much easier even though the approach to purchases is slightly smaller.

No problem involved in small investments and most importantly can continue to consistently collect. DCA is still a good strategy because everyone can adjust the purchase responsibly with a stable. This level of consistency is what needs to be encouraged so that in the long run the amount of Bitcoin ownership can increase by itself.

Investing in Bitcoin can be a struggle for people who are trying to make ends meet. Of course, it requires a source of income because Bitcoin is unstable, and you can't just rely on profits from passive income if you invest in it. But DCA can be useful to invest regularly a small, affordable amount.
When it's hard, I think it's worth to work on the attitude and let go of regret. Regret isn't productive, it just makes you feel worse, even when you did nothing wrong. Regretting not investing in Bitcoin due to difficult financial circumstances doesn't make much sense to me.

I have met many people who wish they have invested in Bitcoin but at the same time are sceptical about investing in Bitcoin. In 2016 I was suggesting to many people in my relative-hood and friends to invest in Bitcoin because this currency is going to grow because of its unique possibilities, p2p transaction ability, blockchain technology and etc but no one was taking my words seriously, all of them were telling me that Bitcoin is a scam project, a pyramid that would fall soon and everyone will lose their money.
Now I tell them again to invest before it's too late and their response is it's already high and will fall soon. Years go and I can't still convince people that Bitcoin is not a scam and is one of the best currency for investment but they prefer to save dollars.

Personally I have always been trying to invest as much in Bitcoins as possible. For example, I would say no to holiday, fun and alcohol with friends and would invest that money in Bitcoin because my approach this - I can buy 1 beer today but if I save it in bitcoin, one year later I'll be able to buy 5.

What should I actually say?  Those from middle class families understand what real life is?  Why they struggle so much then they live life.  I really wish that I can earn a lot of money from Bitcoin and run my family well and relieve my family of all these sorrows.  But I don't have money to invite Bitcoin.  If I had the money or the money to invest that amount, I would definitely buy it in Bitcoin because Bitcoin is a very good buy right now.  Today there are many like me who are children of middle class families.  Due to lack of money, he could not invest and he could not establish his own business.  But inshaAllah I will be successful one day I am coming towards success InshaAllah I will be successful.

We don't need to have a huge fund to start investing rather we can start whenever we are ready and already have proper knowledge to keep our bitcoins secured and know the preventive measures against scammers. when you have all of this, then you are ready to spend the amount you can afford to lose and add more later since bitcoins are not restricted to big investments rather small amounts with consistency will do whenever you have some money to spend on buying them.

This piece is more like an advice and I do welcome it because to me inasmuch as one can provide for the most primary thing of life which is food then there is no way someone can not scrap out some money no matter how small it is and invest it for the future even if you couldn't acquire as much as you would have invested but it is important to start from somewhere because every journey in life begins with a step and in life we keep on taking risks no matter the circumstances that's involved by so doing one would actually be making a way to achieve greater results in life.

Even without a job some people have been living and managing their selves not to talk more of having an opportunity to get a job and you begin to say your income is too low for you to invest then how about those days you had no job were they not coping with it? It is good to make Hay when the sun is shining and stop being doubtful and procrastinating as opportunities occurs rarely so whenever we see one we have to utilize it properly so that we can also relate to the younger generation how we were able to conquer poverty and became successful investors.

Those who come from low-income countries do not start investing in bitcoin because they prioritize meeting their daily needs. They still have difficulty meeting their daily needs so they don't think about starting to invest.
Maybe they need to calculate all their income and expenses, and then they will see how much money they still have to invest in Bitcoin. But they still have difficulty meeting their daily needs so they can't think about other things.
We can't blame those who don't want to start investing in bitcoin because investing in bitcoin is each person's choice. And those who have started investing in bitcoinmust be able to continue doing so regularly until they can get big profits from it.

Hearing the words Investing in Bitcoin is of course now familiar to everyone because of internet access and many people are starting to know about Bitcoin investment, but unfortunately not everyone who wants to invest in BTC will invest in BTC because they don't have much money. of course for costs and daily living needs.

but I agree with what you say because of course, even though we have little capital, of course we can invest in BTC by buying BTC in installments, even though the amount is not much, but of course knowledge must be prioritized first and of course we must be prepared for the risks posed by BTC. .

Yes, by trying to invest a little in BTC it will certainly make us understand what it's like to be a BTC investor and of course we will learn from experience and if we already have experience of course we can conclude about the difficulties and joys of investing in BTC and one day when we have it With large capital, of course we will be able to make decisions.

I'll quote this post that I liked from another thread.


As you can see, we are the people on the forum who make up only one percent. And here, talking about the importance of investing and designing your future sounds like banality, since everyone understands this very well.
But there is another part of people who are not familiar with Bitcoin or who do not have enough correct knowledge about the benefits and possible prospects of investing. And these people will benefit from such motivational posts.
Our task is to slowly and patiently, but without imposing, educate people about what the OP said could be their bright future.

Good advice, but it seems that it is really not easy to do because of many factors as we already know, but I think that even if they have a certain amount of money, even large will not get results if they do not have the ability in their field. because in my opinion knowledge is the most important and most reliable capital in any field, yes sometimes money is also a reference but still knowledge is the most possible.
So, even if we don't have enough money, it's possible to succeed in this field with strong determination and scientific discipline.

I wonder why some people should feel regret later for not investing in Bitcoin when they knew they didn't have the money to invest early on at early they knows about. It's those who were aware of Bitcoin and had the funds but chose not to invest when it was introduced to them who might ultimately regret their decision. They had the opportunity but didn't seize it, and hindsight might make them wish they had. However, for individuals like myself, who have concrete reasons for not investing investing at term I know about Bitcoin, regret may not be as likely.It's about understanding our circumstances and making decisions based on what's feasible and sensible for us personally. While some may rue missed opportunities, others find solace in knowing they made choices aligned with their circumstances and priorities.


Unnecessary spending is very common nowadays, and people are not just doing it because they need those things but also because they want to show off to their friends around them that they have money. honestly, I can't just imagine some people spending unnecessary money on things and easily forgetting about their future and investing in good things like Bitcoin to have future backups.
 
As for students, it is not that easy for them to have savings during their term in school because of the challenges they always face, like buying books and others like that. The only set of students I think can have savings are those whose parents are rich, and they are given enough money to take care of themselves. It is not always easy for many students because some of them are the ones sponsoring themselves at the university level, especially in Africa.

I agree with your statement, and you have given very good advice. It is true that we have to struggle and sacrifice now to lead our next life beautifully and properly. But low income families cannot fulfill their dreams. But yes, people can make their wildest wishes come true if they want to. All you need is some intelligence and hard work. Then we will succeed in saving only by this continuous filling.

You talk about cutting unnecessary costs; I found this in my heart and gave myself a lot of courage. The writing seems to match my current real life situation. Because I give an example: ever since I learned about Bitcoin, I always wanted to invest in it. Although it took me a considerable amount of money to invest in Bitcoin, at some point I got frustrated and regretted it. I have been in the crypto world for a few months and came to know about Bitcoin, which I had never heard of before. So I felt that I was too late to know, understand and learn.
But now I have mastered a lot and am trying hard enough to invest in Bitcoin. For which I became somewhat frugal, suppressing my ambition. I don't go shopping unless I absolutely have to, stop eating in the afternoon, stop hanging out with friends, try to visit as many destinations as possible and take care of myself so I don't get sick (not to mention there's more).
It did me no harm, but saved myself from much bad expense. I almost managed to save some money, small enough to invest in Bitcoin, but I'm happy. I will patiently increase my investment by investing in Bitcoin using the DCA method. I don't know what fate has in store for next time, but I hope for something better.
I know it's been a long and hard time, but right now this pain is temporary and will help me smooth the way forward.

That's true. I am a student and also do some freelancing, At the beginning, I also have the regret of that "I have not that big fund for investment what to do". But after spending sometimes on crypto world, I have understood that since I don't have much technical analysis knowledge of trading, it will be very stupid for me to do short term trading with big fund. And so I thought as a student I should make small funds weekly or monthly bitcoin investments. I have been doing this since last year. I invest an affordable part of my signature payment and other's income in Bitcoin every month. And I want to hold these funds for long-term, like it can be the next two halving periods or more.

This is the struggle most people are facing, of course everyone wants to have btc for future upkeep but not everyone can afford it. Those with very low income are finding it difficult the most. Btc is worth keeping but as it is, many can not afford to buy a decent amount of it. As the years passes and the price keeps going up the more difficult it will be to buy.

However, in order not to miss out on future gains, it is important to try and buy even a small amount so I agree, we should struggle to buy btc now before it becomes too expensive.

Regardless  of any reason, if you really have the goal to invest in bitcoin, even those people who have no stable source of income, will surely find any way just to invest even a small amount of capital. It’s not necessary that you have to buy the whole portion of bitcoin, investing even with the minimal amount can do. But the fact that people won’t prioritize bitcoin because they think it will only add to their financial pressures if ever it won’t work, so probably the reason why people come to procrastinate accumulating bitcoin. Procrastination is just another sort of alibi, when you don’t have the good vibes to invest in the first place.

This is a good suggestion. For people who have no excess money monthly, we can use the money that we sometimes use for unnecessary things for investing in Bitcoin. If sometimes we too often spends money for smoking, we can lower the allocation for smoking. Or if we go for holiday 2 times monthly, we can plan to have 1 holiday only. Sure, we can survive although we reduce the habits spending too much money. It is even the way to use the money for a more useful thing for the future.

I think it won't too difficult because we just reduce the habit, it is not eliminating the habit at all.  ;)

Your idea sounds great to me especially for those of us who don't have enough funds to invest in Bitcoin but have a plan, there can be no better plan. I have to spend $1 a day to buy cigarettes and this expenditure is unnecessary for me. If I buy cigarettes or trucks every day and save money to invest in bitcoins at the end of the month then I have bitcoinsInvesting will be easy. Besides, I have a lot of unnecessary expenses other than cigarettes that I don't need to spend on, but investing in bitcoins will make my monthly investment a good one. Indeed this important idea of yours is timely and very fruitful for poor and middle class investors.

Im not really that against on the idea yet Bitcoin had been proven it out specially to those people who have believed into its early days. :) The only thing that you should really be having in mind is that there would really be no assurance when it comes to sure future that you are projecting or you do have in mind on which we know that it isnt something that you could really be able to sure whether it would happen or not.
Plus its not really that ideal that you would really be anticipating such positive thing since we dont know on what the future would bring or on how it do looks like.

Invest on what you can afford to lose and never ever make yourself having those impressions that you do totally rely yourself or 100% trusting about Bitcoin investment in regarding about your future.
Nothing beats out if you do have that multiple income source on which you could really be able to make yourself that be having in peaceful mind knowing
that you could really be having a bright future once you do established your financials.

There can be no future success if we won’t see ourselves struggling earlier, that is a sign that we are really determined to achieve that goal. And no matter how hard it is, most particularly if we are always having a tight budget and never gets to save spare money for investment, we can still try to look for side hustles that will give us additional source of income. That is why it’s an advantage if you have extended knowledge and skills because you can simply look for another job aside from your main job.

However, the process is not that easy. There are times that you have to compromise what you have been used to have so you can insert investing your choice of investment.

You can’t eat your cake and have it. Investing is not as easy as we say it (even when you have the money). It’s as easy as clicking a couple of buttons but at the same time, you need to be able to control the money and not let it control you. Money control people most times and then they don’t know what to use it for, so they start buying unnecessary things.

One advice I’ll give to those who don’t have the funds right now to invest; plan how you want to spend whatever money you’re expecting or you may likely forever wish you invested in Bitcoin. What I’m saying is that when you get that money, if you hadn’t plan how you’d spend it, you’ll ask where the money went.

Money/Capital is one reason why many people decline such opportunities. We know that DCA is a good strategy usually used by small investors but for some individuals, it is still hard for them to start. But if we have interest and think about the future, we could really find a way to make it possible.
However, it was noted also that not all are capable enough. Those who are considered the poorest people, we can't think they could make it.

We can say Bitcoin investment is open for everyone but not all can partake because investment is a choice and we can't pull people to do this if they don't have interest and knowledge as well. They just come if they want and ignore if they don't in fact, even rich people do.

I agree. Unfortunately this is the reality among the large part of the population in the world. Work in order to survive may sound extremely wrong but such is how many people are doing it. Even within my community itself, it's like that. They seem to have embraced whatever fate has given them and they continue living life as if it's just work to eat and die later on.


As you've said above, we should be learning all about this at a very young age. I think this kind of thing should be integrated to our basic education. We should be taught about financial management and the like at school even at a young age.

This is the ideal thing to do when we are not from high-income groups so that investing in Bitcoin can still be done, saving on everything we can save on such as no longer smoking if we are smokers, reducing buying things that look good but are not important, and start investing whatever amount we use without having to wait a lot and we have to be careful when investing in Bitcoin with a small amount of money, we have to know how the investment is not reduced because of transaction costs, and even though the amount is small, if we continue to do it then the amount can later make us have capital to create a business and make our economy even better.

I agree even students can save their daily allowance to invest in assets such as Bitcoin, they only need a will to do that because lots of young people rather than saving their money they choose to spend it for party, phone, dating, etc. with a little investment we are still able to earn decent amount if we hold it for long term and manage it properly. Don't let influencers make our money go to waste due to following their way, it's better to invest for the long term I guess if our capital is not much. 

Totally agree, the struggles that we're feeling right now is just a temporary thing that will eventually lead us to greater heights and that height would be financial freedom so if you're not the kind that don't like the idea of struggling now, maybe this isn't for you and that it's not a good idea to invest in bitcoin, of course not everyone can follow through with this though as I'm sure that some people are limited financially so they're going to have a hard time making ends meet and making sure that they're invested too, if you're like this then make sure that you're not struggling first, make your life stable before investing in something.

It is not quite easy for poor people and low income earners to really invest in Bitcoin, even though everything is all about sacrifice. The first time I tried investing in Bitcoin, I was actually struggling financially but I was still determined to buy some coins and hold till the value appreciates. I didn't have a good source of income, I tried saving by cutting down on lots of unnecessary expenditures, it was really inconveniencing. After I finally bought my first Bitcoin, I had this feeling of fulfilment and satisfaction but, my ambitions were cut short along the line when I had an emergency I needed to sort out financially. I had no option than to sell my Bitcoin at a loss because my low income could not settle my debts. After the whole situation, I made the decision to get a stable source of income first so I won't have to withdraw my investment when emergency situations arise. I was able to buy another Bitcoin and this time, I am fully ready to invest.

Investing in Bitcoin is good but we have to bear it at the back of our minds that Bitcoin investment doesn't make you rich immediately,  it is a long term investment. If you have a stable source of income aside your investment, you will be comfortable during the years of holding or trading and you won't have to tamper with your investment just like me.

If you are struggling to pay your bills, then you shouldn't invest in bitcoin. The golden rule of investing in crypto currency is that you should invest only what you can afford to invest. Crypto currencies are very volatile. There might be a day where you are in need of serious money, and the only option you have left is to sell your coins. What if at that moment, the price you will be able to sell is much lower than the price you bought at? And yes, like you said, you need to a good source of money before you can actually start investing in bitcoin. If you have some money left, but struggle every day to pay your bills, try to use that money to start a business less riskier and eventually use the profits to invest in bitcoin.

If we started from the bottom and we want to have a great life in the future, struggles and sacrifices are part of it. We cannot achieve anything if we don't make any move. One thing is investing in Bitcoin. If you want to invest in Bitcoin because you think that you'll earn from it in the future however, you lack finances to make an investment. You need to rearrange or organize your way of managing your finances to allocate some portion of your money on investment. Yes, it'll be hard because you need to tighten your budget but it will pay off once you made profit from your Bitcoin investment. Or aside from saving, you can look for another sources of income. You won't be sacrificing your wants but rather your time and effort.  But at the end of the day,  what you will earn will be the fruit of your struggles and sacrifices.

Everybody can invest in bitcoin, already with 50 USD we could start buying some bitcoin and participate from future price increases. I understand your concern that low income families are struggling a lot in these difficult times and don't have any free money for saving. This is a general problem and not only for crypto currencies, any form of investing would help a lot for struggling families. There are two important factors when it comes to investing, one is money itself and the other is time. The more money we have now, the more we can invest and the higher will be our future returns. But if we don't have a lot of free capital today, the other factor that is going to help us is time. The longer our investing time period, the higher our returns as well. Which makes it so important to start as young as possible with saving. Even if it's just some free money that we get for out birthday and for Christmas, we can invest that money instead of spending it on some games or other enjoyment. We basically need to choose between having fun today, or growing our money over time and having more fun when we are older.

It's true, bitcoin is a good investment and anyone can invest in it as long as you have money and income, but of course before you invest you need to know its background because most of us easily believe what other people say rather than searching for information. It's better that we know what we're getting into, especially if it's connected to money. We must be aware that when it comes to investment, there is also the risk of losing it or not being successful, so you should plan and think carefully before you put money into it. You can't pour your entire savings into investment, you need to properly allocate all your finances.

Yes, I understand today's economic limits, particularly for low-income families. Its about developing a long-term financial perspective, not just spending $50 on Bitcoin. This makes investing personal as well as economical.

I understand money and time as investment cornerstones. Former typically overshadows latter in talks. I believe time is more democratic since its accessible to anyone, regardless of income. Starting early with even little presents is solid advice and a model for financial resiliency. Setting a foundation our future selves will appreciate.

In this discussion, supporting Bitcoin extends beyond price gains. This is about supporting an autonomous, inclusive, and growth-oriented financial system. I consider Bitcoin an educational instrument that teaches patience, market dynamics, and long-term planning. We pledge to a future where financial well-being is available to everyone via informed choices now.

Do it the easier way, don't turn bitcoin investment into a must, don't starve yourself, as we age everyday the body part gets weaker, only those who maintain their body in terms of health wise will have a better future when they get old, I can't say I regret going the hard way when I start this bitcoin journey but I almost said it when I pushed myself too far.

Start getting payment, through jobs and use some percentage to invest in Bitcoin, it gets no better than this, continue to live your life and in the future you will reap the benefit, to have a easy future is why investing in Bitcoin isn't a bad idea at all, holding Bitcoin pays on the long haul.

The hardest condition when you want to invest is not having a source of income.

All these families can invest in Bitcoin if they want, because each family saves a small amount of their income, or spends them on unnecessary work. We can avoid all these unnecessary costs and invest in Bitcoin, it is possible if we want. If a middle class or a small family invests in bitcoin using a small portion of their fixed monthly or weekly income in Bitcoin using the DCA method, and thus if they continue to invest for a long time (typically everyone saves for a long time), Then one day in future it will become a much bigger portfolio and they may also get some financial support of big amount.

This is an important point that we must think about because after all, everything starts from interest and desire first regardless of small or large capital I think it doesn't matter because when a desire is strong enough for everyone to feel then surely they will try to realize it.
Indeed, from a financial point of view, we all cannot be compared between one another but in the end, this is still not a benchmark because if someone wants to try to change their destiny, they will try a million times to get out of their zone by all means and so is the case with investing.
This will not be obtained if it only refers to our conditions which are indeed deprived but we all have the mind and mind to change that. It will definitely take a little longer but when our beliefs are embedded then I think even the impossible will become very possible to happen.

True to everything written. Habits that you may not realize are spending money on things you don't need. It would be better if you turn them into new habits by turning them into savings that will be used to invest in Bitcoin.
Investing is many types but investing in Bitcoin is different as they understand Bitcoin.

It's time for people who are still struggling to plan a better future to be aware of spending money on things that are useless after their daily needs for survival are met.
Whoever reads the OP's topic, perhaps still has this habit, just get over it and let's face a bright future even though the investment made is small according to the remaining capabilities of other basic needs.

But not everyone think it's a must to have an investment because they adopting YOLO (You Only Live Once) lifestyle, so they don't mind to spend all of their money for anything that they like. They say young people need to take a vacation and visit at least one new place a year, if you hold your money until you retired, you might have a lot money, but your body isn't strong like when you were young, so even you have a lot money, you can't climb a mountain or go out really far.

Making a bitcoin investment could come in with as many as possible challenges, but once we are set and determined for what we want, we will always overcome the obstacles in making the investment with bitcoin, it has to be that anything that has a future must come along with a price to secure that future right from the present, how determined are we in pursuit of the excellence in whatever thing that will do us well, its better to pay the price now than postponing it to later future future after which time would have been against us, bitcoin has given everyone the advantage of starting with little to be able to grow our portfolio.

Investment is a must for one to achieve financial independence but talking about low-income individuals it is close to impossible to even invest a small portion due to the inflation rate and salary appraisal never coped no matter which country you are employed. Side hustle can generate more revenue and can be a relief from their burden but is it enough?

No, in my opinion, the issue can be solved only if we bring changes in the policy level and give more income sources, job opportunities, and welfare for the workers.

It' ain't happening so we have to make the impossible to possible by working as hard as we can then bringing changes with complete discipline with our spending and strictly following 70/30 or 80/20 savings.

Even though bitcoin is a good investment open for everybody even if you have little and can’t get your hands on the full bitcoin you can easily just invest in the little units of is. But still there are families that cannot afford to invest into bitcoin not that they don’t usually have little money sometimes to spare but it is the duration that comes with bitcoin. If you have money that you’re willing to use in like less than 6 months time then it is not advisable to me to invest it into bitcoin because I see bitcoin has an assets that is only profitable for a longer term holder. This is not to say that bitcoin cannot increase in that short period of time but there is a higher tendency of it consolidating rather than surging up for a short period of time. And as you know low class people only have something like only house rent to save up to a year and that can not be advised to be invested into bitcoin.

The first thing to do is to avoid unnecessary expenses. Once you achieve this, many people may have the necessary amount of money to invest. The important thing is to decide and implement it. Even if the deposited amount is small, it will accumulate over time, and Bitcoin has never harmed anyone in long-term investments, and if Bitcoin continues this way, the Bitcoin investor will still make a profit.

There is no specific amount to invest. Everyone allocates an amount according to their own budget and invests. Although people who invest in Bitcoin know that they will make a profit in the long run, they must also have the strength to wait for a long time. This is an important issue in terms of investment and a distinction that needs to be taken into consideration.

Maybe your advice is very useful for my life I am also very low income person my income is not much my income is very limited. Whenever I know and hear about Bitcoin I have a lot of desire to invest in Bitcoin. I am from a very low class family, I have no means of earning but I earn some money by working some time and some time, I try to invest bitcoin without using that money unnecessarily for unique work or hanging out with friends. Maybe because I am a child of a lower class family, I rarely socialize with my friends because I am busy with physical work in my free time, but even if I get some money from it, I think of using it as my investment. Don't spend on unnecessary things. I love investing in bitcoins but if I ever become a financier I will invest bitcoins to my heart's content.

The majority of people nowadays struggle, some more of others but life is tough for everyone, that is for sure. At the same time I see many people that despite the low income decide to spend money in very useless things or products, let's simply think about cigarettes, lottery tickets, brand clothes, streaming services... I'm not saying that people don't deserve to enjoy life but at a certain point, if you want to invest and you're not able to make more money, the only way is to somehow cut the other costs.

There is no success if you don't fight for it, that's the real life in this world because hoping for luck is an effort for lazy people to go through the process. Bitcoin provides freedom for anyone and bitcoin is also more independent for everyone who wants to invest. Determine strategies to make your finances better and stay away from unproductive spending to avoid unnecessary waste. If Bitcoin is considered one of the best investments then we should have a plan to get involved in it.

Without us realizing it developments have provided opportunities for anyone to achieve financial freedom through bitcoin, but there are many people who have not seen this advantage. For those of us who know more about Bitcoin, now there are stages that we continue to strive for as a long-term investment step.

If there's any good thing someone has to achieve about their finance/career,or life in general you'll have to work for it and put more effort to achieve it despite how long it will take you.
 Investment is an important criteria to accumulate wealth but some people even with all the money and wealth they've acquired,they find it difficult to to take that bold step.Thats why so many rich people struggle so much to cater for their needs after they've retired.They struggle to take responsibility for bills like house rent,feeding,household maintenance and some other emergencies.I mean it's entirely simple to figure this out,look out for investment platforms like bitcoin,invest as much as you can,but don't invest more than you can afford to lose,set a goal and aim at something productive.

The problem starts with not having enough to feed. First, someone who doesn't have enough to feed his family can't save up what they can invest in. So in order for you to be balanced and ready to invest, you can't sit at a place and wait for a manner to fall from heaven.
 
You need to challenge yourself with a goal, and when you have a goal and target, you will be encouraged not to stay at a place but rather get your two hands working, either using your skills to make money or applying for something that can bring more money to your table.
 
One thing I notice about some people who don't grow is that they don't have a target that they are struggling to meet. They are just okay with the way they are convincing their minds that they can settle for less. If they can challenge themselves that they need to invest in bitcoin, they will, and they will need to work an extra job in order to raise enough money for both personal needs and those left over for investment.

Investing is not something that can be done when people are experiencing economic difficulties and it would be very unfortunate if someone with a low income does not spend their money on the needs they need and prefers to spend their money on things they don't need so they will make things difficult for themselves.

Indeed, there is nothing wrong with them using their income to enjoy every effort they have earned and it would be better if they could restrain themselves from delaying enjoying the income they have and choose to invest for their future. Of course this is very profitable and they can enjoy it after they are successful from the investments they make.

For sure I mean life is hard and not fair for sure, so if you are not really going to do anything or you are just lazy nothing is actually going to happen, in my country salary is actually one of the worst things because the minimum salary is around almost 300$ a month which is not really a huge amount considering you work 8 am-5 am a day five times or 6 times a week, Considering you graduated a 4 to 5 years course on Collegeright.

So we actually need a source of income and if we are not going to find one it is surely going to be hard, but I guess most of the time the problem is just the mindset of the people not having the financial mindset and doesnt really want to save or invest for the future and just wanted to buy or spend everything that they earn. I realize this since a lot of people keep on buying things that they dont really need, to the point where they even start to use credit cards to buy something like an iPhone considering they already have a very low income. When I learned this kind of and applied it, I could say that it is actually easy to save and invest your money, also there are as well other ways to earn something like a side hustle, I mean for sure you need to do the extra work if you're just a minimum wager in order to earn more and get the money for investments and savings, then aim for assets that could possibly earn you a passive income.

Short term thinking is becoming more and more prevalent as time goes by, even if the research shows very clearly that those that have a long term approach to their lives tend to do way better even among their peers.

But with the economy being so dependent on mindless consumption, it is getting more difficult to convince people that what they are doing may have severe consequences decades down the line, and even if you were able to do it, they will not care anyway, as they will think that since the consequences are so far away they can afford to slack and leave the problem for later.

It's a problem, but do many tech-savvy people have problems with their financial ability to eat? I find it hard to believe that difficult people will easily get access to learn with crypto related to the internet and certainly cost money. So when I am in such a position I will also fulfill my main need of "eating". Maybe I won't enter into high-cost investments either. But now I understand, actually here is not how much money but how one wants to start. How will he keep trying, because I know a lot of people who start tend not to stick around much because they are impatient with the process.

Invest wisely. Invest only your entertainment money. Never invest your emergency funds or life savings. Read on to know why.

How and why does the price of BTC go up?

It is only because more people buy BTC at higher prices. This is the primary reason. Here is an example. During the aftermath of the pandemic knowing in advance that the US government was handing out 1000s of dollars of free money to all citizens (One-time, direct cash payment of $1,200 per person plus $500 per child.. this is just one scheme.. there were several other relief plans, totalling a massive 2.7 trillion dollars that put free and easy money into the hands of the common man..), Elon Musk, having purchased huge amounts of BTC between the price range of 20K to 30K, made a timely comment on his twitter account which just mentioned BTC. The kind of frenzy it generated among his followers and BTC fans took BTC to 60K and beyond as the bulk of the free money flowed into BTC. Elon Musk who initially said he was not selling but only buying BTC made a financial disclosure that he made a profit of more than 1 Billion USD that quarter through sale of BTC acquired at lower prices.

I am not saying BTC is just a junk asset, the price of which can be pumped up by the collusion of rich people and then dumped on the unwitting common man, who wants to make a quick buck when he jumps in at the peak of the frenzy and is left high and dry at the dizzyingly high price which the frenzy takes it to.

The other things that contribute to BTC's potential price increase are scarcity, anonymity to a certain extent, increasing difficulty in mining (halving events and increasing energy costs), hidden agenda of the mining device manufacturers and pool operators, and most recently the vested interest of Fund managers who have been granted permission to launch Exchange traded funds with BTC as the underlying asset.

The difference between an ETF with a Stock of a prominent company as the underlying asset and BTC as the underlying asset, is that, a stock has a company behind it, capable promoters creating and selling products and services for a profit, with a proper business plan, with mandatory requirements to publish audited quarterly and annual financial results, all of which are monitored by regulatory authorities such as the SEC and its equivalent in different countries.

BTC has none of these. No official address, no great technological or managerial development during the past decade, massive negative effect on the environment due to the huge energy requirement to keep the blockchain functional (energy equivalent of Sweden's Annual Energy consumption), no quarterly reports, no annual general meetings, no annual financial results, nothing.  Yet the SEC has been under pressure to grant permission to such ETFs since the state of the world economy is nothing to write home about and any kind of financial activity that can generate some income for the government in the form of taxes and fees is definitely welcome.

This is the reason the mere news of the announcement by SEC regarding the granting of permission for the launch of the ETFs has not created the kind of frenzy that many expected to happen. In fact it had a negative effect on BTC's price for a short while.

Now those who have launched these ETFs have deep pockets. Hence for them to be successful they have to bring in more and more buyers who will buy into the funds to make the price of the instrument go higher and higher and as a result push the underlying asset's (BTC'S) price go higher and higher.

Buy low. Sell high. Simple rule to make profit. Those who buy low will make profit by selling to those who buy at a higher price. Those who buy at higher prices have to wait for the price to go even higher. There is no other way to make money like a dividend or a bonus share etc. This is why risking bigger amounts on such a shadow pyramid scheme is very risky.

It is always a problem with sacrificial demands for one to attain a great height but yet some of these sacrifices could be little things that we could afford and could be one of those resources we spends in our daily lives that only have us funs without other profitable benefits.
This your guy in claimed said he doesn't have enough to invest on Bitcoin? OP, did you also let him know he could invest with whatever amount possible for him to be afforded?
You know... Bitcoin specifically is such a strange inventory  that is seen to be one of the Ponzi schemes to the best knowledge of Bitcoin illiterates. These set of persons are indeed not to be blamed because the rumours about how people are being scammed of their Bitcoins without trace and no one to hold onto are being overwhelmed by their little ideals about Bitcoin.
They basically don't hold onto the profitable potentials rumours, they are after the risks involved which scares them away from Investing in the Bitcoin. So they literally feels comfortable spending on pleasures that may not be profitable them in other ways than being spending their money on a system of lost without a gain of profit nor pleasures.
This is just how timid and tenderous about the level of their illiteracy capacities on Bitcoin having them with falseful reviews on the Bitcoin industry.

Honestly it's desire of most people from low income earners who knew Bitcoin to invest in it unfortunately the prevailing situation with regards to being paid a living wage that is very difficult to make ends meet wouldn't warrant any diversion of their fund, of course it's very important to take care of pressing needs particularly food, payment of bills etc by the time all those Budget is taken care of nothing is left from salary earned so it would be very difficult to invest in Bitcoin I am talking from personal experience after relating with some close Bitcoin enthusiast, though many of them thinks they needed huge fund to invest, however I had clear that impression i.e they can invest with any amount of fund.

In my opinion, investment is the same when you press any button but the main thing is control of money is very important then the money doesn't control you. One important step is to control your spending while you have a low investment that control will help you in the future with any type of regret. I think in low salaries countries and my country, Pakistan people are spending on Bitcoin is very difficult because they need money for daily expenses in life. I think when you decide to invest in Bitcoin you have to be patient and consistent with your investment.

Life sometimes does not live up to expectations, lack of funds due to low income can sometimes lead to a feeling of hopelessness which can make a person lose motivation in life. Giving up is not the solution when they are in a situation like this, they have to do something to change their lives in the future, confidence must always grow within them that they are close to success. Avoiding unnecessary spending can help build finances in the future, this money can be used to invest by applying simple methods such as DCA, this strategy really helps with the discipline of investing the same amount of money every period.

It's easy to invest in Bitcoin because it can be divided into small units (satoshi), to start investing you don't need to invest a lot of money, you can get Bitcoin with an affordable nominal amount of money. Investment decisions made now will have a big impact in the future if they are carried out regularly and consistently.

Yes, this is totally correct. Based on my prior experiences, I don't have enough money to support myself on a daily basis. As a result, I constantly save money and can determine whether the purchases I make will help me financially or not. In the short term, I prioritize needs before wants because I can't afford to buy the things I really want, and I have to look for the cheapest price to save money. However, after learning about bitcoin, I became curious and gave it a try. Fortunately, I am able to say that it has greatly benefited my financial situation and has allowed me to purchase both my needs and wants. Despite my prior knowledge about bitcoin, I continue to manage my finances and save money for the future because we can never predict what's to come. I realize that in order for us to survive in this day and age, we must learn how to be resourceful and make the most of the limited time we have. 

Investing is considering us preparing our future and I really appreciate those students who think about investing earlier despite of their situation. Indeed, it was a struggle for us to start especially if we only had a small income but if we really care about our future, we should have to do it. Perhaps, it was only hard at the start but in the later part when we already adjusted our spending habits, that seemed too easy. We don't need to make an excuse because we don't have money but instead, we think about how to grow our income so we have an excess money for this.

Do people smoke cigarettes just for fun? I don't think so, it's a sort of addiction and once you are addicted to it, you can't live without it until you get rid of the addiction. So although I know it's a bad habit and one shouldn't have it, it becomes a necessity at one point for certain people if they are addicted to it.

Other things that you've mentioned like streaming subscriptions, branded clothes and stuff, and lottery tickets are undoubtedly useless stuff if you are doing them even when you are not earning a lot of money because one can only do extra things if they know they are earning more than they need for two primary things, one is the monthly expenses, and the other one is savings. You can't spend money on such things if you aren't able to save any money at all.

One thing about Bitcoin is that you don't need a huge capital to start investment rather you can start investing with 10$ weekly or monthly, whichever option suits you. There are many examples available where people keep investing small amount of fiat in Bitcoin and with time that small amount has grown to give good ROI.
Despite the fact that Bitcoin price has gone up to 48k$, investing in bitcoin is still profitable provided you have patience to keep investing for long term.

Lack of funds is one of the major reasons why some people are yet to adopt bitcoin and missing out on it is really painful and sad especially when you hear about bitcoin doing well and you don’t have the means to invest yet. Although Some people think to invest in bitcoin one needs a huge amount of money to invest at once, that was what i used to think too but this forum opened me up to other strategies to invest with the little amount of money we earn, we can still invest in bitcoin and accumulate it gradually using the DCA strategy which is being practiced by a lot of people because majority of people come from low income families but they still manage to accumulate bitcoin.

Investing in bitcoin using DCA strategy doesn’t mean we should use every little amount we have on it and neglect our needs, our lives should come first and it is precious to us so we should not go hungry while spending money on investments but instead we we should only dedicate some percentage from our earnings to invest because when you invest all your money then you are investing more than you can afford to lose which is a bad practice.

You can read more on different investment ideas made by JayJuanGee here (https://bitcointalk.org/index.php?topic=5376945.msg58719584#msg58719584) in order to select the one that best suit your earnings.

You're right. If we want to succeed to achieve our dream, we must struggle to make it to come true. No one could succeed if he/she only wait for the miracle, it doesn't make sense. Effort is a must, patience should be needed, and has a strong belief to achieve it someday. If we have struggled with our best, then we may pray to get a luck from the God.

Although Bitcoin has the advantage to make any one be independent to manage their wealth. But it can't bring the advantage optimally if there is no proper way or strategy applying on the Bitcoin investment. That's why we must have good understanding about Bitcoin investment firstly before we decide to join the Bitcoin investment.

If we have a bad condition with our financial, it is better to prioritize the main necessities. Investment is surely not in the priority for people who are experiencing the difficulties in their economic. However, investment sometimes can be the solution to deal with the economic difficulty. If investing is still possible to do, people with limited funds still can do it with smaller amount of money.

Everyone can invest in bitcoin, both high income earners and low income earners, but if you know that you can’t invest in bitcoin due to any reason, then don’t invest. Always invest when you are financially ready. And don’t force yourself to invest, it doesn’t make sense to invest when you are in need of money for something important. Let’s make the assumption that you are having some health challenges and you need money for your hospital bills, but you are finding it difficult to treat yourself because you want to invest in bitcoin. If you don’t have money to invest now, don't feel bad, whenever you are ready, you can invest, bitcoin is always there for us.

After some people get themselves necessary things which they need, they won’t still be having anything left with them, not to even talk of getting themselves unnecessary things, the amount some people make is not just sufficient for them, and there is no room for making investments or saving. The best thing is to get yourself a job that you can earn a good income from, then you can start investing.

It doesn't matter how much you will invest, what's important is to invest an amount if you are seeking profit however, also manage your expectations. High risk, means high rewards and the opposite will go to smaller amount. As we all know, what creates conflict with bitcoin investment is our assumptions as investors. If you are only capable of investing small amounts but hoping for huge returns. Bitcoin has been proven to be a good investment or sometimes better with gold for a shorter period of time due to its high market price volatility. It may not assure high market price increase in an instant but due to the hype and popularity it is creating, we cannot doubt things especially when it comes to its potential. More people are getting interested with this blockchain technology. Future is bright indeed, but always prioritize managing the risk in this industry.

If you have the mindset to challenge and struggle with investing as per the current times, you can definitely see a bright future .  However, the volatility of Bitcoin and the highly volatile nature of the market are inherent so potential investors must buy and hold Bitcoin.  A small investment in Bitcoins at least once a month with minimal daily expenses will accumulate a good amount of Bitcoins that will present you with a bright future in the future.  Although risk is inherent in investing in Bitcoin, the current technology and financial benefits of the decentralized currency help investors to hold their positions.

Manage your expectations indeed because this market isnt always talking about going upwards but rather it would be also having those dumps and crashes. This is why it would be always important that you should really just that invest on the amount that you can afford to lose and not make yourself that being too positive unless if you are a holder then you wont really be having no issues when it comes to movement.
This is why it would really be that best that you should really know on what you should gonna do and on what are the risks involved on investing on crypto space.
Dont make yourself that too confident because this would really be leading into those mistakes and this is something that we shouldnt really be doing in the first place.

A debt-free life is a peaceful life. If you go through average Joe, surely he'll have a good amount of debt. Running to end his debts, he doesn't have time to think of investments and take risks. Some have the mind to take risks, and they make themselves better over time. I have debt, and the monthly EMI to settle the debts is my savings. If I hadn't gotten the debts, I could've had spare money to invest in bitcoin. When I allocate money for life needs and the debts, everything gets paid, and what is left behind will be a few dollars that don't work with investment.

Investing in Bitcoin secures a bright future within the current economic landscape through strategic moves.  Although your journey may be difficult and challenging, at times the rewards will outweigh the struggles.  Bitcoin proven resilience and potential make it more attractive to investors.  Embracing the struggle to invest opens up a promising future filled with opportunities for wealth accumulation and financial freedom.

For those who understand how important Bitcoin is, they might feel sad about not getting the chance to invest in it. Lots of folks really want to have some Bitcoin, but they don't have money to buy it. But here's something important to know. if you really want to invest in Bitcoin but you don't have money right now, don't worry! You can still invest later. Bitcoin is special because there's only a limited amount of it, and its value can go up and down a lot. So, even if you can't buy Bitcoin now, you might still have a chance in the future. Just keep learning, and when the time is right, you can invest in Bitcoin too!


Taking care of our daily needs is an important part of life, and feeding is one of the most important necessities for maintaining good health and wellbeing. The saying "health is wealth" is accurate because being unwell makes one feel like a living corpse. As a result, responsible money management becomes essential, guiding people away from extravagant purchases made purely for the purpose of appearing impressive.

It becomes clear  saving money for future purpose  is a wise decision. Given this, Bitcoin stands out as an appealing investment option due to its track record of producing long-term profits. Investing in Bitcoin also provides increased anonymity because of its decentralized structure, which keeps the value of a user's holdings hidden from prying eyes and strengthens the sense of financial independence and security.

BTC has proven that the 50K figure has been exceeded and perhaps the same condition will repeat itself in both pump and dump. Well, if there are those who like trading BTC too and don't hold it for a long period, that's okay as long as they know the key point, namely that we have to set our trading plan before starting trading, this plan will be useful when suddenly the market moves in the opposite direction to our direction.

Only a few traders are disciplined with their trading plans. Meanwhile, traders can be successful because of this key. Large capital is always followed by large risks, so how do you get around that, don't ever think that we will get big profits on every trade. collecting 2-5% profits on each trade could be a huge amount someday.

It depends on what financial structure we have because even though Bitcoin is the best investment, the appropriate amount of capital and profits will follow. Unless we invest regularly and keep bitcoins long term. Strategic steps must be achieved and opportunities must be seen as one of the ways that need to be pursued because getting started will be much more difficult for some people who are not yet familiar with Bitcoin.

The advantages of bitcoin can be invested in any amount responsibly and bitcoin also provides a way for anyone to reach the stage of financial freedom. There are many opportunities that we can do in bitcoin, as long as we believe that this investment system is the right choice and this belief can be formed if someone understands bitcoin correctly.

Bitcoin has become the most profitable investment for the future. Many are willing but are not financially buoyant and you advised that a culture of saving little by little form nothing which will become something is expected. Mine is not the capital or funds I know i am capable to invest but I lack the knowledge, skill and experience and have been soughting for who to teach me, I consulted my course mate in the polytechnic to teach me, but he seems not interested I also have another friend who should be my best now who I have been begging to teach me but he still refuses rather he only shows me his earnings and achievements, the worst of it is that he expects me to spend money like him(he is extravagant in spending). he lives a luxurious life.
All I need is a mentor.

Yeah, as we open our minds to doing this stuff, we can never stop finding a way how to get funds. In fact, there are a lot of ways and besides, we don't need to have a huge capital for startup, having the minimum amount is enough. Little by little, we make our investment huge so that we can harvest the profit in the future. Applying DCA is the best strategy that we know and this is a helping strategy for small investors. Nothing is impossible for someone who thinks of a better future, only we need consistency and to remain focused on our goal.

Effort never betrays the results and that is the process that humans must go through and there are no words of success if people do not struggle and dare to take risks. After the business is carried out correctly, increase it with prayer because the path of sky also determines a person's success process because effort without prayer is a lie and prayer without trying is lazy. Human behavior often ignores the process and they prefer instant things, even though instant ones will not provide maximum results.

All actions we take must be based on knowledge and cannot be carried out according to wishes. Bitcoin provides freedom for anyone to reach the stage of perfection and if we are involved in investing without the correct knowledge then it is feared that we will suffer losses. Because there are times when the market reacts to a sharp decline and if this cannot be controlled then someone will try to cut losses by selling the assets they own.

It is in this process that people's psychology starts to play and if they do not have the ability to control their emotions then it is feared that they will do something based on panic. So it is natural that before getting involved in investing or trading someone must study first so that they can get involved correctly.

We always need words like this when we are going through difficult times especially when financial conditions are less stable recently and we are trying not to touch the Bitcoin holdings that we have accumulated  over a long time. while there have been times when my family and I have struggled to cut down on unnecessary purchases, we feel lucky to have witnessed Bitcoin rise again this year. It's not easy to  resist the temptation to sell early because we are not rich, so we do everything we can to avoid selling Bitcoin. even though we needed additional funds to cover daily living expenses because of the same determination and dreams, we finally arrived at the halfway point and  immediately felt that our efforts had paid off.

A person who is not financially sound can hold Bitcoin if he tries. But there is no point in admonishing people not to invest in Bitcoin by simply blaming the financial environment without trying. A way must open if there is desire. Not only for temporary profit from Bitcoin but also for long term small investments can turn into big holders of Bitcoin at some point. But in this case I think trust in Bitcoin is important. When an investor can trust Bitcoin he will try to earn more money. If he can spend a little more time working than he used to, he can increase his investment in Bitcoin with the money earned from it. In short, he should continue to try to grow his investment anyway.

The problem that always occurs in this case is when we are confused in starting because of distrust of ourselves and are still unsure of what we are doing whether it will be the right thing or even make things worse.
I felt this a few years ago when I decided to quit my old job and was quite confused about what steps I should take because of my lack of confidence in being in bitcoin. But after trying and getting pretty good results I became less hesitant and more serious about learning bitcoin.
Finding more information about what we are going to do can ultimately make a better impact so it is important for beginners to start to recognize our own conditions before doing anything including investing.
Regardless of the amount we spend to invest it is not a big problem because a little or a lot of everything still has its share in the benefits it has and don't be too pushy because it is only fixated on instant profits.

Sure, everyone has the chance to invest in Bitcoin if he tries to make true. Even though someone has a financial problem, he must solve it someday. When there is a little amount of money to use, he/she can use it for buying Bitcoin. However, he/she must prioritize the main necessities first before buying Bitcoin. Well, there is no advantage to blame the financial situation. What we must do is to solve the problem. Investing is one of the way to deal with the financial problem in the future.

Agree. Trust is needed when we decide to invest in something. Without a trust in Bitcoin, it is difficult to put money on the Bitcoin. We must avoid to invest in Bitcoin if we have no trust on it, right?

Honestly it will exactly depend on people's conditions.
Some people may not really or can't set aside money for investment. Not because I forgot, but I just can't. Because it's still difficult for daily needs and also important needs in real life, let alone thinking about investing. Because I experienced this at the beginning of my marriage and before my first child was born. I was already familiar with Bitcoin at that time and really wanted to invest. However, it is still very difficult to eat every day, especially with the health costs and house rent that have to be paid every month. It was sometimes more than suffocating. The hard efforts made and even lack of sleep cannot fulfill this wholeness.

Indeed, we cannot deny that investing in Bitcoin is very profitable and has the potential for a brighter future. And thankfully in the past few years, I have been able to do it. But once again, this will probably depend on each individual situation. And there will definitely come a time when someone can really invest in Bitcoin, with a truly prepared situation, both financially, mentally and also with insight into Bitcoin to reduce the risk of fraud and so on. Because a person's readiness must not only be measured by capital alone but also by several other preparations.

The inflation in the world currently is not welcoming at all from region to region. To make money now can be very difficult putting extra work to make sure that we can save something for the future. The market now is doing very well which is a great opportunity for people that have investment that are holding. The nature of things this time around is not welcoming. Once has to keep hustling to make sure that we'll stay fine paying bills and making sure we have something to hope on for the future. The crypto market is a joy giver to the world not minding what some ignorant people keep talking about the market of been too risking for a little investment.

One should struggle at first and find great rewards in the future. Even those rich people in the society, I believe they also have their means of struggles so that bitcoin investment will be possible, if it's not money, most likely the time they will spend to study and analyze bitcoin in the market.

I think in all types of investment, if you seek for future success, you should have to sacrifice at the moment so you can gain its benefit in the future. Not only for bitcoin but in different life's attempts, one might be struggling for the mean time and reap its rewards when the time is right.

You just said what I have been doing it since all this while. As a student I have invested enough bitcoin and I am well prepared for the bull market and the All Time High. This you thread is an another way of encouraging those who are not doing well or have not invested in bitcoin to start their investment journey now. Because it is not too late. I also started my investment journey on the first of January last year 2023 and from there I was depositing some percentage from my well allowance to invest in bitcoin and today I am smiling.

And I am also joining hand with good faith with the op to tell others who still struggling to invest because lack of funds to start by budgeting yourself with any amount of money you get in the week or monthly to start the investment or you can even use DCA.

DiMarxist.

Yep, I think this is the right thinking, but not everyone can do it even if it's just saving a small amount of money every day. This is a basic investment lesson that many people ignore, thinking that we need to have a large amount of money to be able to start investing. Maybe they didn't take into account compound interest when we accumulate and invest regularly, no matter how much money we have, after many years we will probably be able to achieve an amount of capital that we never thought of before that we can achieve.
What prevents us from being able to approach this investment method is patience. Maybe you will be interested in saving for a few months, but when have something needs money, we allow ourselves to skip investing a few months, and then quit investing altogether. Bitcoin is an investment market that I think allows us to dream of great growth with a small initial amount of money, unlike markets that require a lot of initial capital like real estate, so this is the market is very suitable for people with small capital.

The fact here is choosing bitcoin investment is a good choice for everyone who can understand and invest properly, students, workers, parents etc. They're some common factors stopping people from investing and sometimes people just have to endure those suffering to accumulate meanwhile students face difficulties with their investment.
Some of the difficult stories I see online are mostly students and we all know the pressure and expenses that comes with being a student, my little advice is students should learn skills and render their service to other students and get paid in return, by so doing that student will have extra money to buy and hold. Nothing comes so easily likewise bitcoin investment and if anyone wants to invest, some certain habit of spending unnecessary will be set aside in order to accumulate bitcoin.

Bitcoin is undoubtedly one of the best investments that anybody can put their money into now, especially because you don't need to start it with a lot of money, you can start at your own pace, meaning that the investors can be doing DCA method and be gradually accumulating and holding it. Anybody that is privileged to know about Bitcoin, will understand that instead of saving their money in the bank, where the value can depreciate if the local fiat currency devalues, as in the cases of some countries now, it's better to buy Bitcoin and hodle because despite it's price fluctuations, it's value will keep increasing in the long run.

Every average income earners should try and do DCA method to accumulate and hodle till bull run, because from every indications, within one year from now Bitcoin will more than double it's current price now and hit over $100k. Sow in tear now and reap in joy and happiness during bull season. You can also check related topic that I started in Nigeria local board. https://bitcointalk.org/index.php?topic=5485287.msg63668968#msg63668968

Whatever you said is true, however, not everyone can have the privilege to invest in Bitcoin frequently or even once. Most people these days don't earn enough so they can cover the monthly expenses of their household, have some savings, and then be able to invest in Bitcoin, and I don't think one can cut down their monthly expenses so that they can have more money to spare so that they can invest in Bitcoin, and if one can do that, it can undoubtedly be beneficial for them in the future.

If one says that they shouldn't have savings and invest that money in Bitcoin, I wouldn't agree. Your savings are for personal uses and mostly for emergencies because you can't sell your Bitcoins when you face an emergency, especially if by that time Bitcoin is down and your investment is at a loss.

To invest in Bitcoin must be supported by existing income without having to reduce basic needs, and this is a problem for most people. However, it all comes back to their determination to be able to invest in Bitcoin according to their abilities, because Bitcoin is a very promising long-term investment and can guarantee a better future from a financial perspective.
And if they really want to do it with real determination they can definitely do it, by increasing their income by having a side job or additional income with their existing abilities. And the amount doesn't have to be large, they can do it when they have enough money from side jobs to be able to save and also invest in Bitcoin regularly. Even though we can only save and invest small amounts, if we consistently do so it will be large in the long term and these savings are intended for emergency funds without having to involve Bitcoin investments.

I dont think anyone cam manage to invest in bitcoin without been able to provide for his basic needs at least and in some countries the economy is so bad that one needs to hustle to a level before he is even able to take care of his basic needs and then start thinking of investing in bitcoin.

I think that anyone investing in bitcoin should be for the long term hold, and for any person to successfully hold for long it require some level of financial balance and disciple, he/she has to have an emergency funds for cases like health issues or even unforseen circumstances that can occur that would lead to him selling his holdings to survive.

The best way to invest is when we have our emergency funds well build and then we are sure that we can manage our expenses to create room to invest or allocate a little amount to buying bitcoin weekly using DCA method.

Investors with such mindsets forget that a room was not actually built in a day, procrastination is an enemy of success, obviously many investors want to dive into the market big and get out bigger, thereby standing on the sidelines and waiting for when they will buy a whole 1 Bitcoin, forgetting that time is precious and it does not wait for anyone, even as we speak many are hoping that BTC will go down to $25k so that they can buy, and they will keep waiting until they see Bitcoin at $100k, and these are categories of investors that usually FOMO in at the top and get crushed and would later call Bitcoin a scam because they don't understand the market.

One thing is certain, time cannot be turned back. As long as they have the desire to fill their wallet with Bitcoin, there is always a way to get it. Lack of money is not an excuse, at certain times those with low incomes can still afford things that are not on their list of needs. If they try to reduce their selfish nature by changing their views for a better future, they can use the money to buy Bitcoin.
The ease of investing in Bitcoin really helps anyone who wants to save it, those who have a limited amount of money can still get Bitcoin because it can be broken down into smaller parts or what is better known as Satoshi.

That's not the case with everyone. Everyone isn't able to afford things that aren't on their lists in a certain month after getting their income but they barely manage to have everything covered that is on their list of things to buy or do. For such people, it's not possible to make investments or even have savings that they can use for investments shortly. Those who can afford to do this are lucky but they don't realize it.
If someone has money and is spending it on useless things or things that aren't completely necessary for them to do or buy then they are to be blamed for not using that money on things such as Bitcoin investment or savings because they are going to regret this in the future.

Nothing good comes that easily,  investing in Bitcoin is a good thing and it is not something that we can just do easily without taking sacrifice. Investing in Bitcoin one needs to be discipline and deny some expensive lifestyle that will deprive one from investing. If you are thinking that investing in Bitcoin is very difficult after sometime you will discover that it something that should be done with the money wasted on things just for pleasure sake. Bitcoin can be invested by determination,  good decision and good management of money by being very conscious how money should be spent, instead of thing without any value,  it should be invested on bitcoin and in the future it will definitely yield good income.

Savings for investment and savings for emergency funds should be separated, and make sure that if you save for investment, you will only risk an amount that you can afford to lose. But I have to agree that if you want to prioritize bitcoin investment, stop putting your money on unnecessary expenses. Sacrifice your luxury for the mean time. However, if it means compromising your budget for daily needs just to realize bitcoin investment, then I must say that you are doing the wrong thing already.

You have given very good advice mate. Your advice will create the taste of dreaming in every person. In fact, people's will power is the biggest, if people want, then someone can make the unreal thing a reality. I am also not from a very rich family I am a child of a middle class family my family situation is pretty bad but I will always start saving by investing bitcoins to work in me. I started with Bitcoin even though I had no outside income and now I have built a good profit and increased my investment. As I didn't have a lot of money, I didn't socialize much with friends, I didn't spend much because I didn't socialize much. I did not have unnecessary expenses due to which I was able to grow my investment very easily. Maybe many people may not be like me so those who have high unnecessary expenses can reduce unnecessary expenses and invest in bitcoins, I think their future will be very bright.

It's a strong reminder to separate our fund for investment and for emergency.

Please give me a chance to remind another thing. People usually mix up their investment and trading fund that is bad. An example is they use an account on a centralized exchange to store their bitcoin. It's a bad practice because centralized exchange is a risky place to store our bitcoin. Not our keys, not our coins.

It also contains another risk, they will mix practice between investment and trading and most of them will use all bitcoin for trading. They fail to hold part of their fund for investment because it's easily to make an order to take profit, sell than holding part of it.

My reminder is they must separate these funds. Investment fund must be stored in their non custodial wallet. Trading fund can be store on a centralized exchange.

Really many homes are in craving to invest in bitcoin but there is no fund to invest and some are seeing their neighbours are doing well with bitcoin investment and told the neighbours to teach them how to invest and the neighbors taught them all the basic knowledge but on their end there is no funds to kick start the investment. Many people out there are craving to invest but financial obstacle block them not to partake in this social investment benefits. And that is why those who have come to understand bitcoin every well doing all their best to make sure that they invest in it in the dip. So some sell their lands, and other unused properties to invest in bitcoin. Preparing your future with bitcoin investment is one of the good plan in human life. Invest in bitcoin and have a bright future but you must understand entry and exit point in the investment. To the op this is nice peace of writing.

I can feel you my boss but at some point, it takes one who has the capacity to save, to save and invest especially in this difficult period with rising inflation.
Most times, what op has just said, might be easier for people who are already living a comfortable life as I think, everything has changed and it will be difficult for anyone who’s trying to start a life  to easily invest in cryptocurrency and that’s why they always regret at every pump.

I personally wouldn’t speak for others, but the trusty is that, there are a lot of responsibilities that can’t just be neglected and not necessarily giving out help to others and cases like that include health issues that demands constant attention and medication and some family issues, like mom asking for things to be done.
There are a whole lot of us that have been left with greater responsibilities from a tender age without any assistance.

I agree with op that it will be possible to struggle to invest today and be happy tomorrow but I think the purpose of savings and investment is having enough for the future, with this , I think it is those that have what to eat today that would think about saving and investing for tomorrow.

My best friend advice me to invest in bitcoin but I refuse because I was scared. Today he is a millionaire,he own a car and a house of his own.

In any business it is natural that you have to make goats whether you go to business or bank or you invest.  But if you invest you have to take risk without risk you can never be all your investment with risk.  Whether you can run profit or not is not dependent on you or your practice.  In the current situation it seems that everyone is useful or everyone can invest and make a good leveran, but if you can add good things that have automation, then sometimes you can be successful.  They are currently shedding risk on Bitcoin as the withdrawal request is currently at $69k and could rise further to above 70k you would think that marketing would pick up.

Wow it’s a good thing that at a young age you were able to find out about bitcoin and have invested accordingly. Though of course bitcoin is no longer in its early times where prices are cheap I think it’s still good that you were able to accumulate some when you are still a student.

It’s always surprising to see students making investments as usually they do not have the means or source of income yet and most importantly they aren’t quite focused on the future just yet opting on focusing on enjoying their present lives.

Keep going and good luck!

The market doesn't respect anybody but it's mainly controlled by the whales, because they're financial stable and basically know the steps to follow. We should do better and know what's coming our path because loses are critical and affects one mental health. A student capable of taking such bold moves in the space, it's a good choice and we should always always go for the best because earnings in the space.

These two savings must be differentiated, because when we invest, of course we have to have emergency funds for needs that we cannot foresee and even before investing, we also have to have emergency funds because we never know for sure when we will need these funds. , in investing we really have to use funds that we can afford when the investment we carry out is not in accordance with the plans we have made and if we experience a loss then we can correct the mistakes we made and try again so that we can achieve the investment target we want.

Refraining from owning luxury items in order to save and invest is certainly a smart choice and if we can do this of course we have prepared a good future in terms of finances and we will be able to enjoy these luxuries when we are successful in investing However, when we hold back our daily needs for investment needs, of course this is very stupid because everyone who works must be able to meet their daily needs and if there is still money left over they can of course use it to invest.

We should start tipping our ledgers or whatever wallets we are using. What I mean by tipping is, to keep sending tiniest possible fraction on these wallets now and then, it could from thousand satoshi to million satoshi, or whichever is possible ideally. This can make things work in the long run. There should be strong resistance from the sell outs. This is biggest issue in the long run peeps end up losing their money "saving" dreams. I have myself struggled the same way. I am getting money from multiple sources in the bitcoin form but I have failed each time to save it because of the same reason as mention by the OP. We need it when we need it and thats how we lose it.

However, it is time to have "disciplined" mantra of saving for long terms even though Bitcoin is reaching new heights now. Caution to follow: currently we are at highest peak so it is not advisable to invest now. "Should not even imagine to buy a small chunk also".

We should not always limit ourselves to how far we can perform in making it in life, our background does not matter at all, itis a thing of personal decision and determination, we have to set our priority right, if we want to have bitcoin and don't have the money to start with the investment, we can learn to find other means of acquiring some skills that will be a means through which we can render our service and earn from such, this will help us generate some savings with time in which we can begin with bitcoin investment using DCA.

Who don't want to invest in BTC, he will never invest money in BTC because they have feed such people minds that BTC is a scam currency that will make them to loss everything at the end.

 You what such category of people to struggle to invest their money in BTC, no, because they have listen to those who don't have the knowledge of BTC, and they don't want to carry out research to no that BTC is the best asset you can invest your fiat money and you will be proud of what you will get in return.

 Since, I found light in BTC last 3 years, when I struggled to sell my bike to invest the money on BTC, and started hodling the BTC till this new ATH that caused people to make a huge amount of money from the bull run.

It is true there is no excuse for all the minimum wage earner, if they really want to invest they could just quit or avoid overspending on things that aren't really necessary for their life.
If people really wants to, they would find a way to make it happen, some might take extra shift to work, while other would hustle or start small business.

This is an excuse if one says that he is unable to invest in Bitcoin because of lack of funds or maybe a lack of knowledge. One can save even 10$ or 20$ per week and invest in bitcoin on a weekly and monthly basis and still end up getting some portion of bitcoin which might be enough for him as the prices going to sky rocket in the next 10 years or so.
However, those who are rich no doubt have an advantage as they can invest more money into Bitcoin. The more you possess Bitcoin now, the better it is for you and your children in the future.

For a person who has limited investment in bitcoin, it may take time for him to get some significant gains from his low investment but still, it is better to have some portfolio in bitcoin as compared to not having any positions at all.

even with the high prospect of bitcoin and how profitable investing into Bitcoin his, you should learn how to get your fixes right so you don't end up investing into Bitcoin blindly. I don't support selling an asset to buy Bitcoin. Its good to know that investing into Bitcoin shouldn't replace the need for you to take your job seriously and ensure you have a legit source of income that's going to support your investment and if you don't have such in place and have to rely on selling a property just so you can invest into Bitcoin on, then you've got to go back to the drawing board and get some fundamentals right so you can invest into Bitcoin in a responsible way.

A three year investment isn't a bad start that's possibly going to put you in profit but you should know that if you wish to remain in good profit, selling your Bitcoin because of a new ATH isn't in itself reasonable most expecially if you haven't invested a good quantity of Bitcoin already. If you're hoping of making good profit from investing into Bitcoin, you should consider not being concerned that people are taking profit out of their investment and you should work on investing for the long term that's possibly at an interval of ten years or able and also ensure that within such space of time, you're able to accumulate a good quantity of Bitcoin so by that way, you should have made a good profit out of it.

If as a human being, you want to make good things out of something, you should be able to deny yourself certain things before you will be able to achieve your future pursuits.

Since we have known bitcoin to be a digital currency and a tool for future investment, it will be wrong if we don't align ourselves with it in its early stage, when we know how valuable it can be in the future if we invest the little we have and hodl through the future, and when it has reached our desire price, we sell at profits.

That should how a good life is, debt-free and hassle free. But in reality, everyone is into debt right now, most particularly for those who are low earners in the society. This is also the reason why one is being prevented to invest in bitcoin due to lack of back up or funds. Yes, it’s easy to say just save and invest, but we all know how hard these days to save when you don’t even make your ends meet. But if you increase your side hustles, probably you can save a little until it reaches a good amount to invest in bitcoin.

We can say that in previous year the price of bitcoin was lower so struggle to become a bitcoin investor was needed in previous year because the price is very high currently so your struggle will not give you fruitful results these days.

In current age no one wants to spend without planning but the expenses are so higher that saving become difficult for a common man. But if someone has not make a plan yet then he should start struggle now and if price goes down again then he can invest because this halving is not the final one but many more will come in future.

Right, We all know about Bitcoin and its benefits but almost all the money we earn is used for our daily expenses so we don't have any extra idle money.  So we fail to invest. But everyone should save some hard money through Bitcoin, if we continue to save like this for a long time, it will offer us a good amount in the future which can provide a big financial support in the future. and those who can't do that are missing out on something big

If you think the current bitcoin price is too high to buy and you believe more corrections are coming . So in your opinion, how much can bitcoin adjust and what price is ideal for people who haven't bought bitcoin to start buying ? Bitcoin is trading in the $60k+ area and I think we will no longer see a $30k bitcoin , I guess probably the lowest bottom we can see in the future is $50k. And if this is true, is there a big difference between buying for $50k and $60k if you're only investing a few thousand? It's never too late to invest in bitcoin and struggle if you have the chance, bitcoin never stops or comes back waiting for anyone.

There is a miss concept about Bitcoin that since its price has gone up to 70k$ so it's not possible to buy it or it requires lot of money to invest in Bitcoin. The fact is even if you have huge capital even then one should start with small amount. Those who don't have huge money must go with DCA technique where you invest a specific amount every week or month. It's really that simple to getting started with bitcoin and securing your future.

This is the importance of science, don't just believe what people around you say that this asset contains fraud, many people don't believe in this bitcoin asset, maybe there are already many victims out there, that's why they don't dare take risk of buying it.

Yes, we should study in more detail what factors cause them to experience big losses or play there, trade or deposit with trusted people so that within a week or a month they have made a profit. I think if you explore or delve deeper there, you will get new insights or knowledge from there.

We are very lucky to be able to get to know this asset, an asset that is being fought over all over the world, both by the lower class and the elite. For me, I will fight as hard as I can forever and as much as possible, for the future of my child.

Currently Bitcoin is in red now and we need to be careful beife we make any investment so that we would not end up buying at the top.
Many of us holding Bitcoin have are see severe red and I believe the market woukd balance soon.
Investing in Bitcoin can be very risky because if one uses fund that is meant for something else and invest it in the crypto market, loses might be incurred that is why it is always advisable to use fund we don't have plans of using in the near future because the market could go bear and we might not have the patience to wait for it.

Hmm That's a necessity. One shouldn't invest money that they can't keep busy for a very long time which means that if they face an emergency they might need the funds that they have invested which can cause issues for them if they have invested it in an asset from which they can't withdraw it so soon or they will lose money.


It's not possible for one to use money that is supposed to be used for their daily needs to have savings or make investments because daily needs are the priority for every person in the world and that is the basic reason why a person earns money in the first place.