Bitcoin Forum

I bought a $14.55 bitcoin a few days ago when it was at 22k. Again Bitcoin came to 19k. However, I did not sell bitcoins. I was convinced that the price of Bitcoin would rise again. I buy $50 worth of bitcoins again. Got some profit on this small investment. Looking at Bitcoin 24k today. I will keep it for a long time and will not sell it now. I think at some point bitcoin will pump a lot

Since I can't invest more dollars, I don't have that much money. Still will invest as much as possible.

Keep it up, DCA and hold until next ATH if you can !  :)

Have you sold? If you haven't, that actually is not a profit, it's called unrealised profit.


Sounds like you are short of money. I hope you're not using money to buy bitcoin that you might need to eat. As long as you're doing it with money you won't need in a few years, keep buying small amounts regularly, it's called DCA, as iwantmyhomepaidwithbtc2 says.

Witch such small investment, even if bitcoin will go x5 to new ATH ... its still like 250$ profit in like 2-3 years. Wouldn't it be better to spend those 50$ on books/courses to get new skills that will allow you to earn more and come back with that extra money? I mean like, if you have only 50$ ... i don't know if bitcoins is the best place to put them. The timing is good, bitcoin is cheap right now, but you won't make much.

Just keep on doing it.

You're even greater than the others that only speak that they'll buy bitcoin but never did anything. The initiative that you've made is a great move and if you continue on doing that, you'll eventually see why we're talking about buying bitcoin and holding it.

The downside of it might hurt you when the market isn't that good but that's part of the game and it'll teach you how to be patient at most times because that's what an investor should be.

Do you have any better suggestions for him? A get rich quick tool. It may be a very small amount to many people, but sometimes it means a lot to many people.

I know what you said didn't mean to offend him, but you will probably disappoint him because he is DCAing every time he has money, he never said he would stop with a $50 investment in bitcoin. For someone who doesn't have a lot of money, but if they work hard to accumulate it for a few years and when bitcoin increases in price, it becomes a decent amount.

Congrats. keep it that way, even $20 in a month can make a big difference in the future. I was starting almost the same way and I can't say I spend much more on it now.

Its not a "get rich quick tool" i was talking about. I was talking about finding another source of income (online freelancing something like fiverr.com) or improve skill by making a forklift course, excavator course, welding course, english school (if he is not english native speaker). something that will help him get better job and safe 100$ monthly instead of 20$. That way after a year of DCA he will have 1200$ invested instead of 240$. If BTC will pump 5x its 6k$ profit instead of 1200$. I can't give an exact answer because I don't know where he lives, what he does, how old he is, and what his abilities are.

Or even get more active here on forum and get a signature campaing that pays 50$ weekly.

Actually what you did was purely scalping, and I do encourage that even i myself does it several times to keep my financially balance. Whenever you noticed your not confident with the market anymore you could keep holding for awhile before entering again, you chosen the right part whenever the market seems to be little dip then you fill up your bags again by so doing your bitcoin volume keeps increasing.

You have already made a profit with your short term investment and if you are still optimistic about your long term investment in Bitcoin, maybe you will get bigger profit than now. With the condition that you still have to continue buying when you have money or when a correction occurs, and you don't need to force yourself to do this because you can do it according to what you have.

Because that kind of thing would be much better than you keep forcing yourself to invest but you have to refrain from buying every other important need in life. Even if you invest it is to achieve a better future through the profits you get later.

Then your only choice is to try your best to increase your income by creating more income streams — regardless if you're investing in bitcoin or not. It's still uncertain if the current market is going bullish or not, so you probably have ample amounts of time to earn money.

High investment get high return later and small investment fund will get small return or profit, there are no doubt with many trader want to invest much money in cryptocurrency because they want to earn much profit later. But not fault when starting small fund for investing in Bitcoin and seems $14 not enough in the right moment earn much profit later although Bitcoin back to the all time high price.

Better use $14 to invest with altcoin still have lower price and when up 5x potential earn more than $60 than Bitcoin needed longer time reach higher price again, but first investment is not wrong just not have bigger expected with small fund investment hope could reach above $1,000 more several years later.

It shouldn't be a question of thinking that Bitcoin will pump a lot at some point but when will be the next bull market circle. History has proven this for Bitcoin and that is why I would buy Bitcoin at any point I have the funds, especially during bear markets periods like this. The price might fall after you bought and if you still have spare investment funds, buy some more at the end of the bear market or even a small relief rally, you would have made some profits from some of your buys as you have noticed.

You did the right thing by not selling your bitcoins when they reached $19k and could have bought more. Indeed, that's what we have to do if we want to invest in bitcoin and don't panic if the price drops again because it's only temporary. We should consider adding more bitcoins so that the profits we will get later will be even greater.

Continue what you have been doing @OP, keep holding your bitcoins until the price reaches the highest price again, and sell your bitcoins at the highest price to get maximum profit. And you still have plenty of time to buy bitcoins because the price isn't going to increase that fast yet.

Starting from a small amount is also a good investment. If you're gonna invest in a long term, I hope you're not using your savings that you might need. It's a good move

to invest in bitcoin but always remember that "invest what you can afford to loss"  because the volatile situation of bitcoin your investment might gone in a second and it's not

guaranteed that you will always profit here in bitcoin. I suggest you to 50/50 if you really want to invest so incase you need money you have savings. Good luck in your journey!

Bad idea to hold such small amount of money for long time period because the profit you can get with such amount is so small even if bitcoin pump then reach for new ATH. If you really want to see some good profit with those amount better start trading it and sell when you are in profit(day trades) since from this you may have a chance to make your balance grow more. If you let its sleep for long time you might realize that waiting for pump is not really worth it for you.

I recommend that it's best to buy more whenever you have extra money. This isn't financial advice but only a suggestion. Based on the interviews from veteran investors, what gives them more profit is by buying and holding or buy to to store it as savings coz overtime what you bought whatever the market price is, in the end if the price moves up, you already profited from your purchase, either it will rise or fall you will still gain even a small percentage as your profit.

It'a also best to learn more about the market while you are storing your purchase. Some will advise you to do different kinds of trading, but whichever you will choose what's important is that you earn. In the process of learning the market for sure you will encounter more opportunities for you to buy more for your investments.

That's a good goal sir, but you don't have FOMO will increase so you give up your money for the next investment. You must have sound financial management in investing, you must prioritize the basic needs of your life and your family so that your investment will be calmer if all your basic needs are met.
It's okay with small value to buy bitcoin it's a good step and I really appreciate it, especially if you make the next purchase with DCA strategy (scaled purchase of the same amount) you will get a lot of bitcoin if you do it consistently and DCA also reduces mental attacks when bitcoin is down, I highly recommend that you do that strategy, especially if you are new to investing in bitcoin.

It is expected that bitcoin pump is coming, but I already hear you talking of profit on the small amount of bitcoins that you have purchased. No matter how bitcoin pumps, that small money you have invested will not turn into millions. People that will enjoy massive benefits in the form of profit when bitcoin pumps are those who have invested more than what you can call small. You invested little and happy about the profit, Imagine how happier you will be if you somehow found a way to invest more. Make it your assignment to seek new ways to get free money to invest in bitcoins, you can do it.

It's not something put of the ordinary that the market will always dp and pump. All you need when it comes to bitcoin investment when it comes to holding is just the patience to hold for a long time. You don't have to sell just because your scared based on the FUD that is being past around. FUD have been around as much as bitcoin have been around but still, the coin still pumps when the time comes.

You saying you don't have funds to buy, might be immediate but still, you could always buy, just as you topped up your portfolio of $14.55 with a $50 investment. Just try to have other streams of income to divert your focus from your holding and you don't have to ne looking at the charts often.

Buying at 19k you could sell at 24k, if you did not you should just hold till the price drops again. But dont make this a habit, rather make the habit of selling and using the fiat difference to buy back crypto at a lower price, that is how you gradually multiply your total asset amount.

Dont demean yourself by calling it a small investment, at least you have started to invest and that is a good thing. Consider those unlucky fellows who are still sitting in the sidelines waiting for the next opportunity. They will never get one in true sense, because the drops come and go quickly, you have to place the order and keep it there.

That's a good goal because you keep increasing your portfolio from small buys and it has to be consistent because after all long term it takes patience and also good fundamentals, this is more in line with the DCA strategy where when you have more money then you will buy bitcoins regularly, imagine if you can increase your income every month maybe you will buy more bitcoins on a scale.

Bitcoin will not get you rich quick so you have to be able to control when conditions are down and it must also be your cash flow to remain stable and never disturb the funds invested in bitcoin, I also believe bitcoin can grow bigger with time the old one, maybe 10 years it should be strong in our hands.

Beginning small is a gradual process, and one cannot know what the future may bring. I've witnessed smaller companies growing into more successful ones when they have strong products. However, it comes down to consistency and effective risk management. The market is now not stable with the up and down movement. Bitcoin not making anyone wealthy is very unacceptable because, in ten years, it will be on the market with enormous price value. It's crucial to begin establishing a solid foundation on the market in order to avoid falling into the dump losers category and missing out on the opportunity to benefit from bitcoin.

Well, congrats, now it will probably be a short bull run so I think it's safe to say you'll make a little more profit for now, that's the spirit.

If I have $ 50 then I will try to invest in Altcoins which have prices ranging from $ 0.1 - $ 1.  I think it's more profitable.  Hoping for BTC to hit $140k and you profit around $300 is not worth it than expecting your $1 altcoin to hit $10 or $20 and you will profit around $500 or $1,000 and that can be achieved in about a year.  Those are my calculations and how I see $50 in the cryptocurrency world.

You do it very well and I think that bitcoin will definitely increase your profit. Bitcoin cannot be think as it will reduce your profit or your profit will become totally zero but instead there is a truth that one day it will provide you huge amount of money but main thing is your patience and your wait for the wait time.

These days bitcoin goes up and down so we have no idea about the future but as we know that as compared to other tokens bitcoin pumps after each dump and will never go to zero.

If you have profit more then for this profit sell your some bitcoin and leave behind other for profit. As we know that whole money cannot be thought at save investment just use little for long time.

It's not that easy because the price of bitcoin is difficult to predict like today bitcoin has experienced a significant increase and has even been rumored to be corrected even longer but in fact it is the opposite when many see bitcoin as returning to $ 19k.
OP only thinks about buying regularly from the investments he made then he holds back and will never sell them, meaning he is not the type to take advantage of the difference in fiat but rather from the correction that occurs by buying and then holding back to hoard it.

Congratulations to you for taking a bold step to invest bitcoin, this will be so good if yo  are not looking up to make profit  from it very fast and if you are investing what you a can afford and not all your savings. Buying Bitcoin in small amounts that can be affordable is the easiest way to start up investment. If you wait to gather up some money to start you may miss the opportunity of buying it at very cheap price , just keep it on and hodl as you buy..

You can always decide to add more bitcoin to your portfolio when you get more funding. There is nothing that is big or great today that doesn't have a small beginning, believe in the little or small investment you have now to become great.

No I will never buy ask anyone to buy altcoins except Bitcoin. Because while Bitcoin is a reliable and popular coin and on the other hand Altcoins have no credibility and popularity, it doesn't seem like there will be any more. And if you can invest in Bitcoin patiently then it is possible to get double profit from there and it is very safe. So I will not go from bitcoin to invest in altcoins.

You can’t save and make more money, rather you make money from money (investments) only. This is a great example that how OP got little profit in small amount of time. Don’t worry about the amount. See the net profit percent you got from your investment. You set a good example for everyone, who just complains about Bitcoins downfall during the bear market. Bitcoins have the potential and we all know it. We just need to have patience and will power, definitely Bitcoins will go to the moon.

Yea,you are absolutely right. Holding your coins for long will give you a good profit,no matter how small your investment is. Start learning how to hold for long with this small amount, so that when you invest big,you can also hold for long.

You have made a great move to purchase btc with the little amount that you can afford. Try and get another means to increase your income so that you don't start thinking of your investment so soon due to low income rate,in case you are faced with big challenge in life.

He doesn't look like he is FOMOing there but he is calm and very optimistic about the future of BTC. I like the advice that you gave there about prioritizing our outside life first because there is no certainty in any types of investments. We can lose the money that we put in BTC but we won't worry too much as long as we know that we already provided the needs of our family and we are only using a small amount of money.

DCA is the act of buying BTC at any times but if our goal is to accumulate more BTC, I think we can achieve this better through timing and that is we should only buy when the market is totally down. DCA must also be for the advance users and not for beginners.

If you have the capability to invest even in small amounts, then, go for it, as long as you believe on this market.
Each one of us has target on why we are investing on certain things, and if you think you can get it, why not?
But the OP should remember to invest what he thinks he can afford to lose, because if he badly needs his money, he
may sell it even at a loss, depending on when he will dispose his btc holdings.

Actually Tytanowy Janusz is telling the truth, although it sounds bit rude. Investment is not just about tools only, but also skills, where you spend your money to develop your ability and talent, either of from books or courses. Once OP upgrades his skill, he would have chance to get better source of income. It means he will get bigger capital to jump into investment with wider options. No offense, but if OP disappointed with that statement, then I dont think he is ready for investment.

I have a friend who invested on bitcoin from most of his salary, but someday its price dropped badly and at the same time he had to cash out, so yeah it didn't turn well for him and he now avoids crypto completely.

Nice one! Congrats on your Bitcoin investment and making a profit. It's great to have a long-term perspective and believe in the future of Bitcoin. Just remember to keep an eye on the market and invest wisely within your means.

In addition to investing, you could also look into earning money from other sources to increase your funds so that you can invest more for better returns. Maybe consider freelancing, airdrop hunting, or selling items online.

Best of luck with your future investments and income streams!

The key is here, only invest the amount that you can afford, not by taking loans or forcing yourself to invest much more in Bitcoin. That is who you are investing wisely, based on your own capability. The expectation is that you can earn money, free money to invest again in Bitcoin, hopefully.

I know that $14.55 is not a big amount actually to invest in Bitcoin. But, it doesn't mean that it is not worthy it. However the amount, you have started a very great beginning. You may accumulate more money later and make a higher amount as you can afford. Do not worry if it is small or not. You can gain more money if the price of Bitcoin is rising up moreover in the bullish era although the profits may not very high because of the amount.

We have the same outlook on bitcoin, it will rise further in the near future. You have a good start OP, at least you were able to increase your holdings when it went down to $19k. I am also doing a dollar-cost-averaging because I am also unsure of what bitcoin prices will do this year, it may go up but there is also a chance for it to drop down again. I am just confident that in the year of its halving, bitcoin will pump just like all of its previous halvings and I will not miss this opportunity of a lifetime.  

it's a good way to invest friends, because you do it with confidence.
and by installments and buying bitcoins using the DCA system is indeed the best way to buy bitcoins,
I wish you success with your investment.

Good job OP. My piece of advice is if you really not trading, avoid watching charts or prices everytime . This will help you to not panic, just do something else just like learning more about what Bitcoin is or exploring more about Bitcoin or finding any other leisures that will make your attention on Bitcoin price will be keep away temporarily because I believe you will become emotional due to high volatility of Bitcoin price.

You have be patient because only that way you can do now if you don't have capital to do DCA.. bitcoin price is still consolidate to go to next bullrun. I remembered long time ago,  when I accidentally save $10 on bitcoin and be $30 after 3 years, which this moment I thing you have to do something to forget about your investment.

You invested in bitcoin when the price of bitcoin was 22000 dollars and after investing the price of bitcoin came to $19K. you faced loss for some time but now the price of bitcoin is pumping again. Currently the price of bitcoin is around 25 thousand dollars hope you got some profit from the amount you invested. And seeing that you have made a profit, you have purchased some more bitcoins, which is a very good news. Since you have decided that you will hold your bitcoins for a long time, I will tell you to sell your bitcoins when you feel that your profit is enough.

It will really help you to achieve something favourable from your investment Op, if you can maintain the holding till the price of Bitcoin hit higher which is the best strategy many potential holders are using to make a good profits at the end of their investments. There is a positive signs already in the crypto market, that is giving some traders joy for the massive moved of crypto price and it will be difficult for traders to experience what happened last year that made traders not to sell than to continue holding. I think, there is still opportunity for those that missed when the price of Bitcoin was $19,732 to use this period to buy and hold, because the price will increase higher in a way investors will start releasing their coins for sale.

Bitcoin price started pumping and yesterday it crossed $26000.  Although it has dropped a bit again today to around $25k so expect Bitcoin price to start rising again and make a new ATH again. So you should hold your bitcoins and if it makes ATH again then you will get multiple times profit from it.  Since the price of Bitcoin is still very low, if you can afford it, you can buy some more Bitcoins and keep hold.  In this you will be able to get a big profit. I am not giving you financial advice I am just giving a possible opinion.

That's a very good point. According to Benjamin Graham, legendary Wall Street investor, mentor to Warren Buffet, "father of value investing" before even thinking about investing you should build a financial cushion as big as 6-12 months of spendings. No matter what happens, you lose a job, you need a surgery you have to have cash liquidity because there is nothing worse than selling undervalued great assets at the bottom only because you are forced to. Especially that cheap assets are most common in recessions when unemployment goes up and most of us have financial problems. You should be buying that day not selling.

I'm assuming that you're buying Bitcoin for the first time so with that, it's a good first step already.
I think many already said these to you, but I will share 2 tips that will help you in your investing journey.

1. Keep going - Dollar Cost Averaging. It's proven to be the best long term strategy though I still don't want to use the word "safe" from it because there are still risks to it. Just continue buying Bitcoin, and when you know that the price of it went down, take the opportunities and buy it. Don't be like other investors where they are panicking when they see Bitcoin going down even just a little bit.

2. Don't fall in love with your assets - What do I mean by this? You said that you will hold your Bitcoins for a long time right? There's nothing wrong with it, but set a specific selling time where whatever happens, you need to sell at that time. Don't fall in love with your holdings, and hold it for a very long time. That's my mistake already. I have a mindset where I will hold Bitcoins for a long time, then the bull run came in 2021. I didn't do anything at all, and I just watched the market. The following year is the bear market. I regret not selling a huge portion of all of my assets because I missed the potential profits at that time, and I can just buy more during the bear market

Commit to yourself always DCA with the amount you can afford and the most important thing is when having the intention to invest long term the solution is not to store your Bitcoins in a centralized exchange. Always secure it to a cold wallet, keep the seed phrase as safe as possible, buy consistently forget about the price of Bitcoin and continue to build trust in Bitcoin that one day it will be worth a lot.

You have made a good decision at the beginning. New investors who have little money are usually encouraged to invest in altcoins. Because his profit is higher there. But even if you have less profit from that position, you have made a reliable investment choice. If Bitcoin goes to one of its all-time highs again, your investment could turn into a huge asset. Moreover, we deserve the big is created from the small.

You just know your risk, that's a good start.
If you succeed in installments wisely as you wrote it will become a good habit and buy and store bitcoin until one day you need either for gas luggage or some projects as you grow in the forum, I used to think like you and I felt when ATH was the year Then. That made me survive the crisis.
But you also have to be able to be patient if you use fiat money or buy yourself. You have to be patient if dump. I think if one day the panic sell is quite sad bro. If you want to scalping, take a profit point even if only a few %, but if you are still strong and survive hodl or a wise choice. We are waiting for a bitcoin surprise in the future

No, if bitcoin reaches a new all-time high or even if one bitcoin becomes worth a few hundred thousand dollars, that initial capital will not turn into a huge asset. Bitcoin cannot make us millionaires with a small amount of capital, it can only help you increase your initial amount.

But you're right about the OP, it's a pretty meager amount of money, and if it were someone else, they would immediately think of altcoins to find a way to increase capital quickly, not invest in bitcoin. OP made the right choice to just invest in bitcoin in the first place.

You will later have to spend all your Bitcoin on food if the money you invested is not extra cash you won't be needing on the long run, many people want to invest in Bitcoin but they don't have spare money, if you want to be a successful Bitcoin investor you need to make extra income to accomplish your aim.

Try to make your investment stable, and buy every week or every two weeks, even if it's a small amount at first, but make it a habit. Moreover, this is a good time to invest in bitcoin when the entire market is in a drawdown.

A bull market is bound to come, but you can only feel its investment advantage if your investment is more substantial. It is not always easy, sometimes we have difficult times, but we need to look for additional opportunities. Also, do not forget about the safe storage of your investment, this is also a very important point.

You find another source of income.  This small amount is not enough to get good profit.If you have good knowledge about cryptocurrency you can invest $300 to $500.The more you invest, the more you can earn.  It's okay if you have little experience with cryptocurrency and this is not your only way to earn.You can do it part-time for little  money.Starting small is also a good investment.Bitcoin is expected to pump by 2023.Expect your profit based on your investment.  Don't expect much profit from investing $50, because it won't make you a richment.

Benjamin Graham is a legend if it's about investment, and no wonder why he became the mentor of another legend, Warren Buffet. That indeed should be a basic knowledge about investment, which you have to get steady life before trying to multiple your wealth on anything like investment. Getting steady life doesn't mean we have to be rich, but it's how we manage our income and lifestyle. In some cases, we might heard about some stories by people who did sacrifice all of they had to invest something and somehow it turned them to be rich in return years later, but in fact, not everyone has that same luck, and even, the chance for that is so low.

You have made a profit for now as the bitcoin price has gone up to $24k and will increase even more. You can also invest whenever and however much you want. And if you don't have money at the moment, you can collect it first and then buy bitcoins.

And prepare your bitcoin for a long time until the price of bitcoin can increase so that your profits can increase. And I remind you not to panic if a correction comes because it is a good time to buy bitcoins.

First you are welcome to invest Bitcoin. Never underestimate your investment. Because you have invested maximum amount from your side. So your investment is very big for you. As you start investing hopefully you will gradually increase the amount invested.

Since you have invested, you probably know that the market never stays the same or that there is no chance that an investment will turn out to be profitable. The price of the coin may decrease or increase after you have invested. However, maximum patience should be exercised after investment.  Since the market went down a bit after you invested but you persevered so now the market has gone up a lot hopefully you have made some good profits. So always be patient when investing, no matter how bad times come, always wait for a good time, if you adopt this approach, I hope you can be a successful investor.

No worries if you even took some profit from your small investment. Celebrating small wins, ey? No problem there. Just keep hodling after the one you bought or maybe even forget that you bought Bitcoin in a long time and you would be hella surprised on how much its price that time. 100k? 200k? Whatever the price is, you can never go wrong always with Bitcoin even as a short-term investment.

Keep it up!

I mean that's a good start after all at least you get the experience of trading and that's where it all started. It wasn't really a big amount so you didn't really get a lot of profit on that, so you could easily just buy and buy bitcoin every week or probably every time you have money but bull run, if you're going to look at the all-time high of bitcoin you could see that there is still a lot of room to invest in bitcoin and there is still a lot of potential for profit in the future.

It is just like your saving your money but instead you're putting it into bitcoin, there is always a risk involved so you could just put in a small percentage or just your spare money, but it could easily be a big investment when you buy many times and could be a big profit in the future.

Yeah don’t sell yet and wait for the big pump and then you may sell it. However keep doing DCA. :)

Understood. But I think he definitely has another job, and what he is investing is the money left after deducting monthly living expenses. I don't think there are people who refuse to work and just accumulate every penny, begging people to give and hope to one day change their lives with that investment. Or else he is very young, which could be snack money given by his parents, and he saves to invest in bitcoin.

From small investments you will gradually start investing more at a time. As you are a new investor it is better to start investing with small profit in your initial state. and you will never lose faith by investing. Of course, there is no risk of losing money when investing in Bitcoin. so you can earn more profit than you invest in bitcoins later. so you invest in Bitcoin and in future you can earn reputation as a successful investor.

Being able to earn after reading books or doing courses is a theoretical thing in my opinion, and it doesn't really happen with everyone, especially in a third-world country as I believe OP is from a third-world country. Though I encourage people to learn skills as they can be useful, I think investing any extra money you have in Bitcoin will do you no harm in the long run.

Even if he only gets a small amount back after the price reaches significantly high, he will still be the happiest since his investment at least worked, I think he knows that he won't become a millionaire with only a $64 investment.

Keep the spirit and stay consistent to often set aside your money to buy Bitcoin, but not all of it. Make details and adjust to the abilities you have.
Make clearer and more detailed goals for investing in Bitcoin so you can build investment habits and manage your money wisely and better. For example, if you already have a steady income, then set aside few percent to buy Bitcoin and few percent to meet the needs of daily life and few percent is saved for emergency funds. Remember if you have long term goals and don't be greedy in investing with all the money you have right now, because we also have daily needs that we have to meet and maybe emergencies that we don't want.
Planning in detail I think is important. Because I think making details on our income and expenses will help build habitual patterns in us to better control and manage our finances.

Recently Bitcoin touch over 26k us dollar I hope you still didn't sell it .
As I see that you want to hold it for long-term then I would like to suggest you that increase fund i.e. holding amount of bitcoin if you wanna really take a good profit from it . For that you can make a good DCA(Dollar cost average). And you don't need invest a big amount at together. You can make strategy like spent a small amount by a circle in a certain period this can be use full for long term profit gaining.

DCA needs more reserves so that it can allocate funds to buy in stages. It's very good for the long term, but it also takes analysis to determine where to buy it. When the bitcoin price hits $26k which is the highest price in the last few months, that is certainly a pretty high price. Just need to wait for continued correction and then buy it. Currently the price of bitcoin is still in the price area of ​​$ 24,500.

For a beginner who has absent trading skills, the most correct strategy would be hodl BTC. If you have special professional skills, you could do freelance, receiving payment in bitcoins for the work done. To sum up: you should make max effort to increase the number of coins in your wallet by making purchases when you have the opportunity.

If you are intending to hold for long term then entering on whatever price it would be, will really be no problem since you would be holding for future years to come, unless if you are a day trader then you should
really be that wise on entering up a certain position if you are going for short term profits but since you arent selling something then you should continue on what you are doing.
Holding bitcoin for long term is ideal but of course you should really bare up with the risks involved since it doesnt really guarantee that it would really be still existing on upcoming
years to come.There's no guarantee if we do speak about future talks.

Just make sure you’re investing what you can afford to lose as well as that you’re not taking money away from your retirement investment portfolio. That should always come first and foremost. Keep in mind bitcoin is inherently NOT an investment, it’s a digital currency that solved double spending and a host of other issues with previous payment systems as well as digital cash.

You're off to a good start actually. If you could just continue to buy everytime Bitcoin dips, then i'll guarantee you a good return in the next bull season.
It's a good thing you didn't panicked when Bitcoin pull back a bit and still managed to buy even so. Just continue to do so and set a specific range as your target to cash out your profit, that's also important for you to avoid rush selling that could potentially make you regret for selling too early or too late. 

And now that the price has even increased further it means more profit for you. And seeing that you're going for the long-term investment you should try as much as possible to try to keep accumulating more bitcoin in your stash that way you can realize an even better profit than you anticipated.
Any funds you know you won't be needing any time soon you can use to buy more coins to increase the ones you already have. And since you have no analysis knowledge I'll ask that you continue to stick with bitcoin till you have enough knowledge on how to conduct proper research then you can gradually diversify your portfolio and add more coins that are solid.

Yes, he should continue acquiring more bitcoins in a weekly or monthly basis aiming long term profits. He can use the DCA strategy. I believe by 2024-2025 he can see very consistent results by following this method, since it's expected bitcoin will be in a new bull run by there, due to the halving event next year.

It's important to keep investing in bitcoin along the time until holding a very decent amount of satoshis, so he can see solid returns over the investment. Otherwise, to hold few hundreds of dollars in btc won't be enough to enjoy the profitability of the investment on its full potential, meaning it won't be a life changer...

If you decide to hold for many years, and don't care too much about the price, as long as bitcoin stays below the old ATH, then you can DCA whenever you have the money. For example, $26k is also a good price for DCA, you shouldn't wait as no one can be sure if it will drop to $20k again or it will cross $30k. If in 2022, when bitcoin drops to $15k, and you wait for a better price to accumulate, this year you will have to buy bitcoin above $20k. Set a sell target of $100,000, and you'll see how well the current price is worth buying.

DCA is often underestimated as a strategy but this is a mistake, DCA is a strategy that is within reach for even the most inexperienced investor and it is very easy to put into practice.

People just need to save some money each week and buy bitcoin without worrying about the direction the price has taken, and if this is done for long enough then the profits can be very high, but despite the positive results which can be gotten new investors disregard this strategy and prefer to use more risky methods to multiply their money.

If you are out of your investing asset, the best choice is to DCA. As your amount is low, and currently you are unable to invest more, you have to sell in high and buy in low. Current market is moving fast at both direction. If you can pick up the rhythm, you can make a good profit from that small amount too.
Also whenever you get the chance, buy more. 

He has access to internet and knows english. Thats enough to earn online no matter where he leaves. The fact that he is from third-world country is even better in this scenario because of much lower cost of living and foreign income.
There is nothing bad with his 64$ investment. The problem starts when he check his portoflio 14 times a day to check if he is 1$ on profit or 1$ on loss (according to binance, its average user check app 14 times a day).
The amount of time lost in this way combined with stress may not be worth the few dollars in profit, especially since bitcoin is already a bit too big to do 100x in a year.

At least, you start from somewhere, it's way better than not investing a penny, now it's better to look for good source of income, because time running, you will turn to a man soon and responsibilities will take over.

If you want to be a successful Bitcoin holder, you need to make enough money that can cover your expenses and still be able to cover your investment plans, believe me, holding Bitcoin is a better investment strategy, do not give up on this path you are currently on.

The best easy way to go about this is DCA, invest with money you make from side hustles, extra incomes or sort, so that you won't go back one day into your wallet and sell your Bitcoin to eat or pay bills.

Hey OP,

is this still your public address?

bc1qh78gmkggjujna4rp62995j54h5ek480exn8r6r

Let me know and I'll send you some sats. If you don't move them for at least one year I'll send you the same amount again next year. ;)

Please also make sure to store your BTC in an offline wallet and not on the exchange!

I will try to increase the amount of investment gradually. Now I don't have money that I can invest in Bitcoin. I will invest in Bitcoin when I have money.

I will say that if you can hold the Bitcoin for a long term, you will definitely make good profit from it in the future, but the long term that I am talking about is range of 10-20years if possible for you. This is based on the title experience that I have gathered about Bitcoin investment and with a lot of good stories that I have heard and read about Bitcoin long term investment.

I'd like to point out that many people began investing in bitcoin with only a small sum of money, but as time passed, they gradually increased their Bitcoin investment. The only constant is the profit system, which works on the principle that the more you invest, the more you'll earn. But be cautious about making large investments in bitcoin because there is risk involved. As a result, we are advised to only make investments with money we can afford to lose.

Since Bitcoin has a bullish potential, this is a good time to invest. Moreover, this current price is acceptable within the buying range. But investment should be done with patience after researching well about the market movement. I am also trying to make some investments. But I am keeping an eye on the next market trend and will invest if it looks positive.

Bitcoin market price fluctuates all the time so it is best if you can invest by looking at DCA. But I want to suggest you that you can trade with Bitcoin. Buy low and sell when the price rises. This way you can keep your assets and earn. And investing is a very good sign that you can own huge dollars for the next future.

You bought bitcoin at 22k and it later dropped to 19k and you complained. Although you were confident that it will rise again. Just yesterday that bitcoin touched 26k, hope you witnessed it. If you don't have money for DCA, you can decide to sell at high such as $26k and wait when bitcoin returns to around 22k you buy again. That would be a good strategy to increase your portfolio instead of leaving your bitcoin to always rise and fall.
Gave this advice based on your low budget.

Hey OP,

please check my previous post on page 4. Not going to ask again. ;)

Trading is a good way to increase the number of bitcoins, but trading is not as simple as you think just buy low and sell high. It can be said that trading is not for the masses, and you can also see losers in the market if not investing in shitcoin, it is trading without knowledge. As a newbie as well as with a small amount of capital, I suggest OP continue to implement the DCA strategy, never trade if you don't want to lose all that bitcoin. Don't be greedy and want to get rich quickly, and think that trading is the way to increase bitcoin without knowledge.

Who said investing in bitcoins has no risk of loss, you will lose your money if you trade the bitcoins you have, that is the right answer in my opinion for that. you won't lose any money in bitcoins if you don't sell them long term. as a beginner it is very dangerous to trade bitcoin in the near future.
if you don't want to lose your bitcoins and your money in bitcoins you must hold your bitcoins long term 5-10 years to take your expected profit. so in essence if you want to profit in investing in bitcoin you have to hold it in the long term.

I don't understand what you want to give me. Thank you, you don't have to give me anything.
I didn't ask anyone for financial help. I invested what I could afford. I will invest more when I earn

Bitcoin for the long term is more advisable. but for beginners, that time is long. and that would suck.
Bitcoin trading is indeed risky, but for beginners, it can be changed in medium or short term investment schemes. buy, hold, and wait for the bull and sell moment. buy again when they decline and do such a scheme several times. Beginners prefer the pump to face the market movement with nothing to do, when in fact they are panicking to make their move.
skills in planning investments will grow gradually. we can't force someone new to Bitcoin investing to hold long term. it will be difficult to implement.

Ok, I absolutely respect that! I apologize if I offended you. Just thought it might help somehow.

Defenitely right, theres always a risk in crypto especially when you start to do trading. But what I see is in the OP situation, he is new investor where dont have that much knowledge about trading. Even he is just holding his money and selling it, I guess theres still risk on it, just imagine the price of it drop and never goes up again its still a lost on his part right? But I like that he knows how to do holding, because even the price drop from $22k to $19k he manage not to do the panic selling which most new investor always do.

Trade can result in the loss of bitcoins, and if you store your bitcoins incorrectly, your bitcoins will be hacked or stolen by others. Also, bitcoin is still a risky investment, there is no evidence that it will increase in price or will continue to exist in the future. But that's bitcoin, the higher the risk, the higher the return.

that's a good move. you only need to invest little by little using the money you can afford to lose, and it doesn't disrupt your economy. no need to force to invest a lot, but little by little but consistently. the advice i can give, don't look at the development of the bitcoin price in the near future when you plan to invest in the long term, just aim to buy a few bitcoins every month as your long term investment. when the price of bitcoin goes up very high, you won't realize that you already have a lot of assets too.

We are aware of all that;volatility, hacking incidents, lack of assurance and such risks. But why do people still engage with this technology? Because they are really down to take the risk in order to gain profit and there's nothing wrong with that but since there are uncertainties of things, then as long as you can endure investment loss, then that would atleast be fine to continue. Likewise with OP; he has nothing much to invest but he still did it. Simply because of his desire to earn profit. No matter how big or small your investment is, if you cannot be firm with the decision then this industry won't be on your side likewise with the other way around. Profit is profit no matter its size is.

I suppose I might say that's a decent beginning. Please keep in mind that not all Bitcoin investments result in profits; some losses, perhaps even sizable ones, can happen because the cryptocurrency market is unstable. Just keep buying Bitcoin if you have additional cash, and only then should you hold onto it for a long time.

Even though it's a little, at least we have an investment that we can make an emergency fund at any time, but I think if we have small funds it's better for us to trade in the market with small altcoins, because that way we can get money or profits faster compared to investing bitcoin, in my opinion, short-term trading is more effective for you to do and at least that way the money will increase little by little, but of course you cannot ignore the risks that exist in every trade or investment.

The step you take to hold Bitcoin is good for you. If you hold a small amount for a long time, you won't be able to make as much profit when the price of Bitcoin rises. So you gradually increase your money amount and make some money by trading. and later you understand the position of the bitcoin market and reinvest. Hold your bitcoins for a long time after investing and you will reap the rewards of your patience.

That's great. As long as you invest the amount that you are willing to lose, keep on doing it. Small investment is still investment and it is nice to take steps to embrace this new technology in terms of currency. However, you should lessen your expectations regarding profit since the lower you invest, the lower the profit. So, you should try to gradually increase your investment while considering your personal expenses. But do know that as you get higher investment, risks are getting higher. So, try to understand the economy and the system so you could make wise decisions in your investment.

Market is stable over long time periods. The yearly swing is less than 15% but on short time periods it might seen to be more volatile. Like now the price is back to 27k which is a correction happening after the bullish swing. These ups and downs are how the market keeps itself active and it is upto you how you want to capitalize on it. You might want to play it safe and wait for the price to go back to 25k before buying again or you can buy a smaller fraction now and wait for more drops when you can buy again or sell  if the price rises.

It is tough to execute, I agree but traders need to get the hang of it over time. Again not everyone will manage to profit from this.

OP your move on investing in bitcoin was a good one. You actually got into the market at the right time buying at low was a good strategy which you really too advantage of. I like the fact that you saw the potentials and tapped into it but taking advantage of the market situation in acquiring bitcoin. If I were you and can keep some spare funds which have no issues turning up to in the nearest future, I would use them to accumulate bitcoin in fractions bib by bit until I accumulate in a larger volume looking at the current market situation and taking advantage of it would be my goal because I know for sure that bitcoin would bounce back to a new all time higher than the previous.

I think he might have understood the principle of being patient, seeing that his investment is really small. Having to be a successful investor you must first of understand that for every bitcoin investment to yeild massive profits, one needs to be really patient with market as its volatility is really strange, a minute the will be high and the next second the price can go really low, so I think every investor needs to fully understand the volatility of bitcoin.

keep doing it to survive and increase your supply if you are still able, if you are sure that btc will return to 50k $ +, no matter how small your investment is if you are regular then your investment will be big, cheer up friend

Real bitcoin Investment is not for just few weeks or months but for years. If really you want to make profit from bitcoin Investment you have to hodle it for like five years plus and wait for the All Time High to harvest your bitcoins. When you are investing for a long period, don't check the price market every day or every week but once a month. If you are looking at the price regularly as a long term investor, you might have heart attack.
Congratulations for your purchase.

Kudos to you mate, in bitcoin and crypto investments, hold is the best strategy, most especially if you are lucky to buy into the market at a very cheap prices..

Yes, bitcoin halving is on the way, come 2024, we all are anticipating a major break out in the price of bitcoin and majority of altcoin, there might be a bull run that might take bitcoin to a price above $100,000, it's not certain but very possible..
So keep holding your bitcoins mate, good profit is on the way, just keep your fingers crossed.

I have a friend who has been buying bitcoin since 2018, when the market crashed btc to $4000
He has x15 times his account (one house x15)
Our problem is time and trust. Be greedy when everyone is scared

investing in btc is something really cool and I think any amount you invest is a good thing because in my opinion investing in btc with even small capital is not a problem, the important thing is you get profit.

but if you are interested it would be even better if you buy more btc little by little using the dca system.

That is a very small amount of money to invest in Bitcoin and be expecting a good return unfortunately this wont give you any significant reward on the long-term, I will advise you to keep buying bitcoin with all you can afford right now, just make sure that the money is coming from extra source of income so that you won't go back and sell your bitcoin if you need money but the amount of Bitcoin that you are presently accumulating is very small, if only can afford is $50 per month then make sure that every month you buy bitcoin till the next bull market get here this is not the time to stop.

You can't invest as little as $50 and expect that $50 to turn into 10000 dollars with bitcoin, it is not going to happen unfortunately, so I will advise you to keep investing and accumulating whenever you have spare money that you can afford to lose because the biggest winners when it comes to bitcoin investment invest more than $1000 in Bitcoin to make good amount of reward when the next bull market gets here.

I doubt that you would have the patience to check the price of bitcoin only once a month, for sure you yourself watch bitcoin rise or fall every day. Those who buy bitcoin for a long-term investment, but at the same time continue to trade altcoins, who is passionate about cryptocurrency will follow the market anyway if he knows how to benefit from large drawdowns and pumps. And if some kind of force majeure happens on the market, which will allow you to buy bitcoin at a very low price, then you can’t miss it, because it can last a very short time.

While you haven't sold it isn't a profit yet
You don't need to spend your last money. Use only your extra money. Trading it's about psychology
Better for you to invest a small money instead just talking about it. It'll be great experience for you in future. Great opportunity for you.
You have already made a little profit with your. Little profit can make a big profit on distance

From my point of view with small money its better to pay attention to altcoins. It can give much profit than bitcoin in the distance
Take my best wishes, you should to improve your trading skills and it'll be all your life)

This is impressive that you know what you want and how to get what you need in the market. It is obvious that those who are able to hold for a long time are the ones that will benefit from the market in a long range. Just like many years back when Bitcoin was still $8k, there were people that bought then and are able to leave there holdings till now that it had covers more than 4× and still counting.

 I know the urge to sell might be there mostly when we have financial instability and family that are in need of funds to settle some bills. This is why we see that the millionaires are the ones that are making good profits from investing in Bitcoin because they don't have financial instability that would make then sell there holdings like that without any genuine reasons.

Though your investment is small but I appreciate your decision of holding. And you will surely gain high returns in the next bull season. So you can keep holding until it pumps hard. Volatility is common in Crypto so it's better to make profits by using this.

Seems very small investing with $14.55 and used for purchasing bitcoin, have reached $22K although Bitcoin today have been on $28K still not enough to earn profit due small capital used for investing. Better small fund invest on future trading kinds and little worth to earn profit above $6 until $10 with your capital than investing in Bitcoin trough spot trading.

There are not really impact with your amount investment, actually you need Bitcoin reach above $44k to earn profit for $14 and seems little difficult and waiting more longer time to earn much profit. Better with small fund investing on altcoin have lower price under $0.3 and up few percent can get enough profit than investing in Bitcoin looks not worth with small fund for investing.

Bitcoin is not a get rich quick investment, you must be patient and strong to hold for long. Long term investment is the best for bitcoin. If it goes down or rise up, you still hodle and hodle till the next bull market. These ups and downs are how the market keeps itself active and it is upto you how you want to capitalize on it. Invest in what you can afford to lose, and the DCA pattern strategies, that is good to apply, when the price of bitcoin drops,it is a good time to increase DCA buying and return to normal when the price is out of limit or start to recovery and the long term holder enjoy it.

Any amount of profit no matter how big or small it is, it is still a profit and it also applies to investment.
So for me it really doesn't matter as long as you could continue on investing any amount into it I am sure that it would pay off in the future, just like what I am doing right now.

Currently the value of bitcoin is quite high, so for those of us who have little capital then just buy altcoins that can get greater profits, if your capital is only $50 of course the profit you get on bitcoin is still very small, even though the price increase has been so large, then first gather your capital to buy some potential altcoins then collect all these profits to buy bitcoin, Because to buy Bitcoin at this time must have large capital if you want to get large profits and in accordance with the time we have used.

Actually you are very confident and have big ambitions in investing, but your capital that you have is very small so investing in Bitcoin certainly will not be able to get big profits because the value of Bitcoin is very high for this, so just look for other coins that are cheaper and can give you big profits, because currently there are several altcoins that do have the potential to get maximum results, So with the capital you currently have it is very suitable to buy these coins, and later your capital is large just switching to Bitcoin.

If we believe that the current Bitcoin price will not increase significantly anymore, then the investment is very small. However, if you believe that one day Bitcoin will be worth $1 million each, then we can enjoy big profits as long as we consistently buy, even little by little.

On the other hand, we cannot deny that altcoins could also help us achieve a big profit. However, we should be aware that investing in altcoins is riskier than investing in Bitcoin, as most of the altcoins have failed based on the history of the altcoin market.

I know everyone's economic situation will be different, but I agree with you, investing in bitcoin with a too small amount will not bring any significant profit. When we hold them for years and only get $100 back, $200 from a $20-50 investment is a waste of time. Once we have determined to invest in bitcoin to make a profit, we should at least have a plan for our investment. If we don't have money to buy bitcoin or can't accumulate monthly or yearly and only have a few dollars, then we should not invest. Instead, we should look for jobs that generate additional income and save, invest only when finances allow us to invest.

The value of bitcoin will be large if he continues to accumulate every time he has money but if it just stops here then of course you will get a little profit, besides that the best strategy for investing in bitcoin is not all at once but by accumulating every time you have more income then the result would be better than nothing.

You advise on altcoins? Which altcoin has the potential? There are no maximum results if we don't do research first, but be aware that choosing an altcoin is much worse, especially if he doesn't have previous experience, of course it will be difficult to make a profit, so it's better to find a simple way, namely bitcoin.

Go still DCA. I buy also every month max 50-70 euros. Also not that much.. good luck.

Since you don't have much money to invest in bitcoin, you can gradually increase your investment as money starts to come into your account. Bitcoin investments are not made all at once. If you check, you have already made a small profit on the small amount you placed in bitcoin, as its current value of $27,800 is higher than its initial investment price of $22,000 when you invested. Investors in bitcoin make money in this way. They invest for the long run and buy cheaply in the hope that the price of bitcoin will soar.

if the OP will read again his thread, he will thank himself that he bought some when it was still at 22k. so long you haven't sold yet what you bought, you have the chance to make profits. but that is, if you are patient enough to wait or has no urgent needs for the money.
who knows that small investment will help you later on when you need some cash?

The strategy you are doing is actually correct, just don't stop buying bitcoins regularly every period. Even with a small capital it's okay, but you often buy every week with the same amount. Moreover, your goal is for the long term, a slight decrease, you don't need to panic to sell, because you must be sure that bitcoin will reach a new ATH after the halving, and you must also have confidence that the price of bitcoin is still in consolidation to head for the next bullrun. It is also necessary to pay attention to always keep your assets in a cold wallet and store seed phrases in a safe place.

One more thing, the most important thing is to change the mindset because this is one of the most common mistakes that most people make when investing in bitcoin hoping to get rich quick and end up disappointed when the market goes down.

If you want to make a very good profit in Bitcoin investment you don't have to invest a small amount of money Train and secondly you to observe the market and just make up your mind and buy larger fraction of bitcoin and save it for long before selling, and by the time you will conclude to sell your bitcoin,  the market of cryptocurrency would have accelerated to a certain price or amount, and you will definitely make your profit, so it's obvious that a good investors doesn't invest in bitcoin  in a short time, it most be long term so that they will be occurrence of huge profits

What you are doing now with your small investments shows your patience with investing assets in bitcoin, even though it may be a small investment. But it is worth cherishing because I am like you when, without many assets, they gradually accumulate them. If there is a period of time when bitcoin increases in price, it can be a good asset. So even though the price may fall, accumulating and increasing it slowly will not affect the plan that we have outlined.

This is a rookie mistake, people who thinks bitcoin is some quick rich investment will fall for big loses and later they blame bitcoin for that. Bitcoin is a long term investment, it is not for people who wants to get rich quickly or even get rich by investing a small amount of money. If you want to get rich from bitcoin you have to be a consistent bitcoin investor.

Investors who are thinking Bitcoin can make them rich in a short period probably didn't exert an effort to understand how Bitcoin works. Because if you take time learning first before investing your money, you'll understand that it's a kind of investment that needs patience since it's good for long term, that is if you really want to gain huge.

Anyway as you've pointed out, you need to be a consistent Bitcoin investor in order to have a decent holdings. It doesn't matter even you're buying little by little, what matter is, it has consistency. It's a good strategy, you won't notice your Bitcoin is growing while not hurting your finances since you only allocate a small amount.

He's still a rookie, sir. Pushing someone beyond their capabilities as a newbie can result in mental strain when the outcomes don't meet expectations. Playing with Bitcoin is not like playing poker, where we have to go all-in at the end of the game. Buying a significant amount of Bitcoin is highly risky for a beginner. Acquiring financial literacy is essential, as we all need to have at least an emergency fund that remains readily available at all times.

I would recommend OP to consider diversifying by purchasing a few different assets with varying risks, to hone their skills and try to find a risk profile that suits them.

Those who can trust Bitcoin will also get success from Bitcoin. Those who invest in Bitcoin today will be able to multiply their wealth in it later. Your small bitcoin amounts can eventually turn into big wealth. There is no option to follow DCA for those whose economic situation is not good. Today's price of Bitcoin is $27,654 and it may reach $100k or more in the future. But it is natural that the ROI will be higher for those who have relatively higher investment. The biggest thing about investing in Bitcoin is one can get the assurance which is not available in any other altcoin investment. Even after a long time you will get return with profit.

A diversification strategy will be useful when some assets go down but other assets are still safe from the decline.
What must be included in the diversification strategy is of course BTC which is the main asset and is supported by several potential altcoins.

As the phrase is always said "Don't Put Eggs in One Basket", when basket number one falls, the next basket does not fall and the eggs are still intact.

Guarantees on Bitcoin may be a good asset for the long term, but the percentage increase over the price of ATH is still very possible.
Just need to see how much money is invested for the long term.
Growth may be faster if doing DCA, but that is a choice for everyone and see how strong their economic foundation is.

That's what people think when they invest Bitcoin for the first time, they think they rich in no time. Well, it's possible but not at all except you invested in a right where the advancing phase starts afterwards with impulsive candlesticks. Some people were being hyped by someone to invest in Bitcoin because it's make you rich real quick. Because of that, if there's a bad thing happens to their investment they immediately blame Bitcoin which is wrong.

Did this advice work for the OP? I mean, even if he doesn't have money to invest in bitcoin, his bitcoin investment is minimal and insignificant. Instead of diversifying each asset with just a few tens of dollars, the OP should focus entirely on bitcoin. The advice is correct, but we need to give the correct advice for each person's situation.

And I don't think investing in altcoins is called diversification. Because the entire crypto industry depends on bitcoin,  if bitcoin crashes then all altcoins will disappear. Therefore, it cannot be called diversification. Should only diversify non-crypto-related assets.

I also said that Bitcoin is the main investment, Diversification is only optional and may be chosen when you have enough money (maybe hundreds of dollars).
Given that OP's financial situation can only afford tens of dollars, DCA can be applied every time OP earns money.

Although the entire crypto industry depends on Bitcoin, I will personally divide my investment into several altcoins that are indeed quite good developments such as ETH which is my favorite altcoin.

Diversification methods can be related to any investment including crypto, it's just a matter of choosing.
If not crypto-related then other investments can be centered on Gold, Real Estate, and maybe a piece of land.
That is already included in the broader investment.

At the present, we really need time and consistency, as bitcoin has a broad range of trading volume. Because we have been in the bear season for so long, I wouldn't be surprised if bitcoin made significant gains in a short period of time. Bitcoin experienced a significant drop during the bear season; it has yet to make a massive bull run up; we should be prepared to make strong entrance when the time comes. Smaller bitcoin bagging results in little profits; larger bagging results in good project earnings.

Indeed, the invested value of USD may not have reached the expected magnitude, but why not consider it as a valuable learning opportunity? Embarking on a journey of learning based on percentages can foster wisdom that will prove advantageous when dealing with larger USD assets in the future. While it may not generate significant profits, at the very least, the knowledge acquired can be leveraged when the time comes for OP to possess a more substantial asset portfolio.

Absolutely. Altseason can still occur at any time, and it wouldn't be a bad decision to invest in some top altcoins as part of an asset diversification strategy alongside Bitcoin.

Although we are still within the realm of cryptocurrencies, there are distinct differences between Bitcoin and altcoins that can be leveraged. This also aligns well with the limited assets that OP possesses.

If someone wants to invest in the safest way, then he should choose Bitcoin. If a few people can invest in Bitcoin, it will be very beneficial at some point. But if you want to invest in Bitcoin, you have to wait patiently for a few years.  After waiting for years, one can expect a good amount of profit from the invested money. And if one loses patience and sells the invested bitcoins, then there is a possibility of a big loss.

Hold the only key to earn in crypto is to hold, just hold until you will reach your profit limitation before you withdraw or get your profit from your holdings, investors that has a big patience can get a big profit and those who don't have patience may loss a big money crypto needs a proper timing and a proper way of holding .

That's cool bro !! you can loss your money but not your hope. Keep DCA, don't think about price and forget it. It will make us enjoyed each dump happened. You made the right choice by investing bitcoin. Do things like that each month and fill the bags with gems

I am curious to see if the OP has sold it off as he sees it green and sees profit, or if he still continues to hold and accumulate bitcoin by purchasing small bits, because there are others who can control the temptation to sell it off at a loss, but if he sees a small profit, he is tempted to sell. I hope he is okay right now and will continue buying bitcoin and also prepare for the bitcoin halving next year, which most of us are excited about.

Altcoins can be a good diversification and can be maximized by choosing potential altcoins.
Bitcoin is indeed the main one, but of course, it needs support from several other assets so that there are other alternative assets that might go higher when Bitcoin is sideway.

The limitations owned by OP are the main problem, whether he will continue to be in Bitcoin or start entering Altcoin.
But the most important thing is to make sure the asset he chooses is an asset that has good development.

At least, OP had bought Bitcoin initially, but determining the right time to sell it would provide a new experience for them. The issue of take profit is greatly influenced by the dangerous element of greed.

If OP sells with a small profit, they will later feel that the profit they gained is still insufficient because it turns out the price of Bitcoin is still rising. When they aim for even greater profits like waiting for the halving, the price unexpectedly drops, causing them to become anxious about what is happening.

Based on the experiences that have occurred, with mature thinking abilities, OP will realize that setting a target for take profit is better than being influenced by greed or being too hasty due to emotions.

He is buying according to  what he can  afford and buying in fractions is not a bad investment as far as it is long-term. His strategy of buying is the best for him that won't run him down financially.  Making  good profits Is not just about the amount you put in but how much patience that can be exercised to  hodl for a longtime. The reason of op buying in fraction could be he is following the principle of buying what he can afford,  and this is a rule for all investors to make investment go smooth and not to depend on it too much by  investing with the  money  that is available.

a condition similar to what I did, because I didn't have the capital, I bought it little by little to invest. I do this when I get a prize from the campaign, of course I leave a little to buy bitcoins and break up my savings like last 2021, where I get good profits from buying bitcoins in stages. and finally I bought it back when the market was bearish and I have held it until now while buying it back when I have income. therefore it's fun to invest in bitcoin because we just have to buy and wait for it, but with a note that we have to be patient to wait in an indeterminate amount of time

that's a good thing, friend, because you are a smart person because you can share your money for something more useful, moreover, you are still strong on holding your btc, of course that's a good thing, because the best investment in btc is for the long term and also we must be good at setting trading strategies.

and what the op is doing is of course a good thing as long as it is ready with the risk of investing in btc.

It seems that he has no other choice, and this is the only true option for him. All great fortunes began with something small, each of us, when we started our journey into the world of finance, could afford to save not very much, but over time everything was changed. And if his investment turns out to be successful, then he will be able to see what profit he has received in percentage terms and this can motivate him well in the future. If the investment is unsuccessful, then he will not lose a lot of money...

All cases are converted from minor to major. It doesn't matter whether the investment is big or small. Being successful in investing is a matter of debate. If the investment is successful, the type of investment will gradually grow. If the investment does not succeed, there is very little money to be lost on small investments. Influential investors also embarked on a journey through small investments. I would say it is best to start with a small investment in Bitcoin

To be fair, diversifying with altcoins can better help us maximize our profits, as altcoins' returns are much higher than bitcoins. But everything is very fair, high return comes with high risk, if one can accept the risk, then investing in altcoins is really worth considering. But if someone can't take the risk, stay away from altcoins.

Given the OP's economic situation, he doesn't have too much money to invest and is not willing to take risks, altcoins are not suitable for him. I think his bitcoin approach suits his economics, he should continue with that plan, not thinking about altcoins when the economy is not really stable.

This is like not investing anything at all, believe me, Bitcoin value is very high and using a small amount of money to invest won't get you anywhere, for small time investors like you it's better to keep buying small Bitcoin every now and then, if you don't have a way to keep accumulating you need to create one yourself, or it's better to just stop and invest that money into something else, it could take another 2 years before Bitcoin reach a new all time high and waiting for this long with just the little you invested is a waste of your time.

Find a new source of income and keep buying Bitcoin, you will not regret when 2025 is nearer, you will be proud you listened to their advice I can guarantee you that, it's better to struggle right now for a better future.

OP, First of all Congratulations on your successful Bitcoin investment if you still own bitcoin you may benefit even more as the current price is around $27,200. Holding on to your investments during price dips is a long term approach. Remember that cryptocurrencies can be volatile so research and market awareness are crucial. Spread your investments within your financial comfort zone for potential growth. Stay informed and consider investing in future price dips. Good luck on your investing journey.

Well said. I also believe that all investors including traders should start small. Although small may vary depending on the financial capacity of the investor. A million dollars might be immaterial for the hundred-dollar millionaires. Nonetheless, starting small for beginners saves us from the risks of losing substantial amounts while we are still getting more familiar and knowledgeable about the field we are investing.

OP is also investing every time there is a savings and it's a good trait. That's like doing a DCA already while bitcoin is still too far from its former highest price. Just don't forget to only invest only a part of your savings so that you will have emergency funds as well.

We all aim for the upcoming years and even if we don't know what's waiting there, we have that hope that if we'll base on the pattern, everything is gonna be better by that year. With the small investments that we have, these will grow eventually until the right time comes.

This is true, we struggle and we keep ourselves restricted from spending a lot because we're allocating money to investing in Bitcoin. When the time comes and we're still holding bitcoin, we'd be happy and thankful to ourselves if that comes.

In other words you are trying to hold bitcoins as an investment step that you are doing, but the problem is you lack the money to try to enter the market to collect bitcoins and almost a lot of people are having this kind of problem, not just you and even myself the same. But you don't need to worry because there are ways and approaches that can be chosen through DCA, this potential can provide space for anyone to collect bitcoins and we are only required to consistently take this approach on a regular basis to make it easier for us to collect.

So even though the limited money we have does not create obstacles when we plan to invest in bitcoin and that is why bitcoin is far superior and can maintain the value of the money we have compared to choosing other investment systems. Moreover limited money is a big factor for some people like us, but there is still a way if we want to do it do and dare to take a little risk in it.

When bitcoin was worth 18k to 20k, I invested a small amount of money in bitcoin. A few days later I was very happy when the price of Bitcoin was 25k. But unfortunately the price of Bitcoin dropped below 20k again. I still determine with my confidance. I held the bitcoins and believed in Bitcoin. Later, the price of Bitcoin started to rise again. I am very happy about it. Currently Bitcoin price is above 30k. The money that I invested in the beginning, now that money has increased a lot. I will not withdraw this money at this stage. I will hold until the next ATH. Because the next ATH is not far away.

Congratulations on having a small profit investing in bitcoin. I think such amount is too small to invest in bitcoin. With such a small amount, you should choose a small growing value altcoin to invest, the profitability will be better.

Like what everyone has probably mentioned, only invest the money that you can afford to lose and earn at the same time. I do admire your persistence given that you put your extra money in investing in BTC. Normally, people would panic if they see their investments lose its value but you remain level-headed and kept your cool.

These are the signs that you indeed believe that the investments on BTC would reap in the future. Do not worry as these kinds of price changes happen in a daily basis given the volatility of cryptos. Once you understand this concept, you will definitely not be afraid to invest further! I wish you the best of luck, OP!

Living in almost every country today requires a lot of money Our income is not enough to cover these expenses.  And that's why saving has become very difficult now.  But if we save some unnecessary expenses and invest a small amount of bitcoins every month or week maybe $1-$10 then it will be a good investment and DCA will follow and if we can save little by little like this for long years.  If so, I think it will serve us very well in old age. it can be a good strategy

Bitcoin is a medium to invest in which I can get a lot of profit. I invested some money in Bitcoin long ago when it was worth 15k, now the price of Bitcoin has gone up a lot. Currently its worth above 30 k. The money I invested initially has now doubled. I have benefited a lot from it.

Although the amount is not at all large for which you bought it, it’s not scary, but even good. In order to understand how the market works, not a large amount is enough just to learn how to buy and sell. Then just keep buying and the result will definitely surprise you in a few years, but don’t rush and don’t wait for the result tomorrow.

it is for this reason that other blockchains and levels above them appear; this helps to unload the core network and reduce transaction fees. It is also worth noting that the asset itself is expensive and cheap transactions on it are very rare. In such cases, it is worth taking a closer look at other projects or planning your transactions now, there are enough various services and monitoring to monitor the price.

you have done a good thing, because everyone also knows that the price of bitcoin is indeed quite high and it takes funds to be able to get the maximum value. not discouraging the very commendable intentions that have been made, just a suggestion to continue to make additional investments in bitcoin, because by continuing to add funds, you can be sure that you will get the maximum value from the investment. because if with a small value you can be sure that what you will get from the investment value is not optimal, remember there is still enough time to be able to continue to add funds to buy bitcoins. your actions are clearly correct because you want to continue to hold bitcoin for quite a long time, where indeed bitcoin is very good and will increase when the era of the halving period will occur.

Usually any business no matter what you say starts with a small investment because people grow from small. Now you know about Crypto by investing a small amount of money and learning about Crypto slowly. Inshallah your money will increase if you stick with it so never think about it.  That your investment is less if you can invest properly then you can earn a lot of money from this crypto market

It's a great thing doing DCA but may be difficult sometime to keep till next ATH especially if one is from a country where you struggle to meet daily needs. It really take great endurance for someone suffering when he has something he/she can sell for money. I've seen cases where people almost all what they have in their wallet to solve natural problems. But if one can endure the pains and keep buying gradually without selling, believe me, it will make you laugh at last.

Rome wasn't built in a day. Keep going, keep making money, and keep buying bitcoin if you have some extra money. Of course I don't know how much money you make, what your financial situation is, etc etc, but check if you can cut some unnecessary expenses like eating out, buying clothes too often and other stuff like that. Or you can even rank up in this forum and join some signature campaign.

As of this time if you did not sell your bitcoin investment even if you invested a small amount I am sure you earn a profit out of your investment already. As of today the price of bitcoin $30K+ and when you invested the price of bitcoin was around 22K. That is a good mindset that you would still invest when you have opportunity. But of course make sure that you will invest only your excess funds so that your daily financial needs will not suffer once you invested. Try to find other side jobs so that you could have excess funds to invest. Good luck on your future investments and keep that kind of mindset.

From the small the greater is created. A small investment can often make a meaningful impact. A financial foundation is essential for building a secure future, but that financial growth must be largely through risk free investments. Small investments may seem insignificant at times compared to large investments, but the small startup investment landscape serves as a foundation for learning and gaining experience. Small investments and good decisions grow over time through compounding. Small investments can keep you financially independent. A small investment held for the long term certainly has the potential to yield significant returns. Remember, it's not the size of the investment that matters most, but rather the commitment and consistency in nurturing it towards its full potential.

Endurance and patience as well as the problems faced by everyone in this world are very diverse, so it is true that not everyone can survive in difficult conditions not to sell any assets they currently own. And I don't think it's an issue to be concerned about because as long as someone can stick with continuing to apply DCA to Bitcoin, he's bound to find a very decent profit when Bitcoin moves to create a new ATH at a time that no one expects. Daily needs are part of everyone's economy and this cannot be avoided because everyone who is still alive in this world always needs to eat to be healthy at all times.

Small capital needs a long time to earn so forget your investment and set it for 10 years after 10 years look back to your wallet and see the earnings,if you are lucky then you will be the next bitcoin millionaire yen years from now just like what happened to those who buy btc on year 2010 ans sell it on year 2021 bitcoin is good investment base on the past price chart i am sure that the people who believe in bitcoin during the time that it is not that pooular is now a millionaire.

Running a DCA strategy can bring you at a much larger investment stage and hold Bitcoin in the long run is the power that can generate large profits. Maintain the pattern you are doing now and in my opinion this is the right step because if I'm not mistaken you lack capital for investment, so this pattern is the most appropriate step and will be a strategy that you can apply.

Not everyone has a lot of money, but there are ways we can do even if our capital is not too big. Using a DCA pattern can bring us at the stage to collect bitcoin and many people have implemented this strategy.

Now check the price of bitcoin,it already reach the good value of 30k dollars.Since you bought at 22k dollars,you may earn some money from it.Total you had brought of 70$ worth of bitcoin.With my knowledge you may earned 30-50$ additional from your investment.It’s better to inverse in most of the altcoin also to get multiple profit.As we know the price of most of the altcoin will increase with the increase in bitcoin price.

The DCA also requires us to choose a suitable buying period so that the average purchase price is formed at the bottom of the market, rather than making a mistake with the buying time and not buying when the price approaches the ATH. This is important in all cases if you have little capital or good funds to invest. I believe that after a certain level, you should stop buying and you need to accumulate capital for further investments, or in case a significant drawdown follows.

Maybe he needs to have Bitcoin before having altcoin. It may not even matter whether he makes massive profit or not at the moment, I think he just wants to consistently DCA until a target amount. There are good altcoins too but since Bitcoin is king and everyone is to talking and holding bitcoin, I see no reason why he shouldn't.

Most people started little at first before investing a large sum when they access one, if you can hold your coin like you said it will be nice and I hope as of today that I'm submitting my point you haven't panicked sold but holding.

Thats Great, happy for you. That just beginning and i has same faith like you. I believe crypto will rise and reach another ATH in the next few years, just be patient and invest only money you can afford to lose then it will be fine.

Friends, if you buy BTC for $ 14.55 for 22k and until now you are still holding on. you are the next candidate investor. it means that the motivation is already there in yourself, you just don't have big money to go in and buy more. But, it's a good business in my opinion even though the acquisition value is small.

Your small investment can grow over time. Start by researching and understanding investment opportunities like Bitcoin and the risks associated with it. Keep in mind factors such as market trends, performance, overall stability of the investment. Start with small investments and gradually increase your investment over time. With small investments you can gain experience and confidence.

I think Bitcoin is a good crypto currency for investment but considering its price it requires a large capital to get good returns. If a small amount of money is invested in Bitcoin, the return on investment is very low. Therefore, to invest in Bitcoin, you should either increase your capital or choose one of the top and strongest coins in the market and try your luck by investing there. If investment in altcoin gives good profit then invest your profit in Bitcoin. In this way, you will continue to invest in altcoins for the short term and invest your profits in Bitcoin for the long term, because Bitcoin is a great option for long-term investment, but one should review their investment amount because if someone wants to invest $50 or $70 then don't expect big profit.

Many people will object when we mention altcoins here, but I also agree with the thought that switching to altcoins would probably be better for the OP. Because with that small amount of capital, it is tough to make a significant profit when investing in bitcoin. Furthermore, not all altcoins are equally risky, ETH or BNB are also altcoins that have the potential for better returns than bitcoin and are not as risky as the rest. Instead of investing that small amount in bitcoin to get x2, x3 profit, we can consider investing in ETH, and the return can be x10. When we have more money, we can reinvest in bitcoin.

Looks like you came too late friend. Op started the topic with the title "my small investment". Of course he started investing on a small scale due to very limited capital. Op has added another $50 Investment amount because his belief in Bitcoin is very strong, he believes in the potential that Bitcoin has will increase in the future. Unfortunately Op doesn't have enough money to buy Bitcoins, but his awareness of Bitcoins has given him the opportunity to reap huge profits when he holds large amounts of funds.

You should invest more and accumulate every month, the market will go up and down, so if you are a long-term investor you should limit your interest in the price of bitcoin, it will affect your psychology.

that is good decision. I think buy bitcoin is always profitable although if you buy at highest price it is only matter of time until you will get the profit. but it is only okay if it is bitcoin, I don't recommend this for altcoin trading. if you just have small amount of money to invest then I suggest you to focus on bitcoin only. altcoin trading is very risky and tricky, some traders use their capital to manipulate the price also they usually very active at night when most of novice traders are sleep and don't have control to their fund which is in form of altcoin. it is important to determine the true price before buy altcoin so you will always have a good position, that is just a little bit of my advice for you if you have big capital to start altcoin trading in the future, just in case. for now I think it will be better if you buy bitcoin only.

Bitcoin is the crypto industry's granddaddy and has stood the test of time. Still, I have to admit some scepticism. Bitcoin has been around longer and has a better reputation, but that doesnt imply its always the best investment option. Ethereum's meteoric surge is only one example; other surprise winners include BNB and DOT.

Not to discount Bitcoin's usefulness; nonetheless, if you want to take a scholarly approach to crypto investing, you need learn about the underlying technologies and possible applications of each coin. The results of such an analysis may indicate winners in markets other than Bitcoin.

The potential for profit in altcoin trading is enormous. There is danger, but there is also the possibility of enormous rewards. This, of course, calls for greater insight and more hands-on portfolio management. Learning how to trade in altcoins could be a fun challenge if you've caught the crypto bug.

I don't advise OP to invest in altcoins, but if it were me, I would also think about investing in altcoins with that money rather than bitcoin. Although investing in altcoins is riskier, their returns will be more substantial, allowing us to change positions faster. Altcoins like ETH or BNB are also suitable for long-term holding like bitcoin. Of course, they are not safer than bitcoin, but the returns will be substantial, and they are also not as risky as many other altcoins. But everyone has their own opinion, and the final decision is still the OP's.

Congratulations OP, you invested in Bitcoin at the right time. OP have you held onto your investment yet? Now the price of Bitcoin is above 30k, showing more than 50% profit on your investment. It is better to invest small amount to get idea of ​​investment first. You bought bitcoin when  was 19k, now bitcoin is over 30k. Bitcoin price is still low, you can increase your investment amount if you want.

Perfect example to keep the OP motivated, way to go mate! ;D Although I don't think that he needs any of it by the way because judging from his move, I know that he is not the type of investor that just invested without proper knowledge but did it anyway because he felt that almost everyone is doing it and that bitcoin is making noises lately. In simple terms, just rode the wave without knowing which direction will the wave go.

To the OP, just follow your instincts mate and continue to buy while it's still selling at a much cheaper price. Take advantage while the opportunity is still there, you are not that late.

I agree with your opinion and in my opinion the op is lucky to be able to buy btc at a low price, namely at $ 22k and I think by investing starting from small money first I think it's a good thing because the level of risk is also not too big when investing with money small. indeed, if investing with small money, of course, the profit will not be like investing with big money, but investing with small money is also a good thing. because I think it's better to invest than not.

When the price of Bitcoin was $22K you bought some Bitcoin but now the price of Bitcoin has increased to over $30K which means you may have made some money on your previous investment and your subsequent investment. If you could have invested some more money in Bitcoin at the time you invested in the second step, you might have earned a good profit from your investment. Anyway, congratulations on your investment. Don't take any investment as small as you start investing you can gradually increase the amount of investment. Whatever money you start with is very important for you because not everyone can decide to invest and even if they decide to invest, not everyone can invest.

OP is already profitable, but honestly, his investment is insignificant, so there's no need to celebrate. What he needs to do is find a way to generate more income and save more money to invest in bitcoin if he wants to get bigger things in the future. If he stops with that small capital even if bitcoin reaches 100k, the profit will be negligible and does not make any breakthrough for life. Bitcoin is not an investment that can make him rich with just a small amount of capital.

I would really like to disagree here. I started saving my first coins for extremely small jobs, amounts that seem insignificant to me today, 7 years later. $4 per job was how I started out, no kidding. That's where the beauty of DCA will pay dividends. Of course, BTC was around $400 then and I don't expect it to grow x70 in 2030 (but hey, who knows) -- but even a halving period makes a difference in all the hard work you put in with DCA over a period of years.

OP, as any person would, should earn more as they become more skillful, over time. This should also mean their disposable income grows. Bigger buys with time. I'd celebrate the starting out, it's the habitualising that's hard to do.

Why can't you invest more dollar? That should be the goal, but I feel like you don't have much going on in your life, I don't mean to be harsh, I feel like you don't have a job or a business for yourself, investing all you can into Bitcoin is not the problem..

How are you going to survive without a job or a business? What if it takes longer for Bitcoin to reach a new all time high?.

Because if you have a job you will constantly keep buying Bitcoin, and we both know that 14$ and 50$ invested in Bitcoin is very small, what type of gains are you expecting with such little amount of money invested? It's not as if Bitcoin will do a 1000x gain.

It's better you find a source of income and start using some part of your income to invest in Bitcoin, this will set you up for a financial breakthrough journey in the future.

Since you are interested in Bitcoin investment, your current Bitcoin amount may be small, but it will eventually grow if you continue to accumulate Bitcoins as much as you can. People who plan to invest in Bitcoin for the long term they will never loss. Typically those who buy bitcoins and cannot hold they will suffer. I appreciate you for choosing a small amount but reliable investment platform. In Bitcoin even if your investment is small, it can give you a good profit in the long run. Bitcoin has already crossed 30k and is expected to continue its upward trend day after day.

If op buys bitcoins at 22k and still holds them then he is already in big profit.  And if he can patiently hold more long term then he can gain several times.  $50 investment is not a small amount for beginners.  So his investment is really appreciated. I think he now understands the bitcoin investment benefits and he will hold it for a longer time and if he can afford it he will buy some more bitcoins and follow DCA.  Then it will be a plus point for his future

It is interesting that you bought Bitcoin when it was at $22,000 and now it is around $29,000. If you still keep your investment, I wonder how much you will have now? .. Bitcoin price volatility is a common feature and it is normal for investors to have different strategies and beliefs about its future value. Keeping your investments for the long term implies an extended time horizon and an attitude of not getting carried away by the daily fluctuations of the market…. I always recommend to people on the forum who invest in Bitcoin to be cautious and know the risks involved... diversifying your investment portfolio and not investing more than you are willing to lose, are notions of financial education that we should all have. I congratulate you because your investment is paying off and more since it is from BTC

Buying more bitcoin is profitable but try to save some amount of cash for emerged purposes as you will need it and you will not be able to sell your bitcoin  at the time when the price will down. You buy bitcoin at a good price and I hope you will have still hold your bitcoin for profit so if you have then you will definitely achieve maximum amount of profit now as the price of bitcoin is above 31k$.

You will see more opportunities to get more revenue as the price goes more up during halving therefore try to be patience and wait some more to be a wealthy person. Bitcoin investor surely get the desire outcomes during the favourable condition so wait few months more to see how profitable investment it is.

OP only bought around 15$ worth of bitcoin the first time. The coin's value will have to go up to $44.000 for him to double his money. Even if/when it does, he will only profit around $15 on that trade. I don't know where OP lives, but in most parts of the world, you can't get much done with $15 in your pockets. It's good to start somewhere, but one soon realizes that small investments like that aren't worth it.

Your small investment in bitcoin can be small in people's eyes because of how expensive bitcoin is, but don't worry you are on the right track and you are investing with the amount you can afford to lose. Only with a small increase in the price of bitcoin, you have got some profits. That's how it does seem when you invest in volatile assets. Its price will be at increase and decrease all the time without the control of anyone.

Keep putting your little funds into bitcoin investments. In the long term, hopefully, the small investment you made will bring you returns that you never anticipated. Time and patience are necessary

Where he^[people] is going to be or where he^[people] is, is not the point, it is that he^[people] arrived, if people were willing to start, get out of 0BTC, it would be the super adoption, there is a very hackneyed phrase that says that the intention does not count, what counts is doing it, starting is the key and he has achieved it.

Then, let him be, he already belongs to the group of people who have bitcoin billions of people do not have it, he is already different, he is part of the change, hence, being part of the future, never has  been so easy, that is the true objective in individual adoption, the people buy-sell-hodl, etc. bitcoin.
Consequently regardless of the amount, that is the meaning of the existence of SAT.

Indeed, even if he comes from the poorest country in the world, $15 or $30 won't do him much good. I'm not saying his investment is useless, but he needs to replenish his investment every time he has money and requires more than this if he wants to get substantial rewards back. Bitcoin is a potential investment that can give us significant returns but not an investment that will make us rich with a small amount of capital.

Bitcoin used to deliver thousands or hundreds of thousands of percent returns in the past, but that is no longer the case. So if someone is looking for an investment that can yield such huge returns, bitcoin is not an option.

It will be better for you if you can keep your invested bitcoin for a long time. Because we know that bitcoin market will grow very fast. But you may have got a good profit for the time you invested in bitcoin. Bitcoin price now  Above 30k$. You can be a successful investor from your small investment one day. We always have to invest for long term. Investing for long term will give more profit amount. Hope now if Bitcoin for 10 years  Investments can be expected to yield good returns after 10 years.

That means you have been DCAing for many years, and of course, your rewards will be huge. And you got me wrong, I mean, OP shouldn't rush to celebrate, but he should work hard and save more to invest more in bitcoin. He shouldn't be too daydreaming about that small investment and think that just that $15 one-time investment will make him rich. Bitcoin is not going to go up a million times and turn that $15 into a few million dollars. We can start with the smallest capital we have but keep accumulating over time, don't stop and expect a big reward with a few dollars capital.

you must not force yourself from investing because the capacity to risk is limited for cryptocurrency investing  and also if that is what you can afford then just let it be .I also started investing that small amount way back because those times I am still not convinced of its power not until time comes that I fully trusted and support that I even sell my Motorbike just to invest and keep it holding back in 2020.

The market has grown significantly since the time OP invested, but even if the market moved from that state to the current state, OP's investment may not have changed much because he made a small investment that would not have seen much profit or loss since he started investing. So he should make a long term plan with this investment from now on. He should plan to increase his investment every month or at certain times if he can afford it. The OP can take this opportunity if he wants to, in case the price of bitcoin is close to $100K in the future.

He gained around $7, which is small but still good because you can't get it for free and also without doing anything. It is also a good start for him. I'm not sure if he will invest again in bitcoin or like accumulate it by buying on a weekly or monthly basis. For sure, when he sees the profit, he will think of going big, like allocating more money from his salary and putting it into bitcoin.

At first small investment is best. Because for investment in anywhere need exprience at first. So if you invest big amount at first then it has big possibility to loss money. I was also invested small amount at first. In 2016 when bitcoin price was $12k to $15k then i was bought $100 and several times i did buy and sell.  And then my profit was near anout $350. And from then i am buying bitcoin and still i am buying and holding bitcoin. When ii get money from anywhere $5-$10 i buy bitcoin. Now my total balance is near about $3k. I want to hold it for long time. My first target is $100k. When bitcoin price will hit $100k then i will sell it. So i am agree with you. Small investment is best i also think.

Everyone invests as much as they can. As soon as his expectations are met, he will either sell or continue to hold his Bitcoins. This is one of the good aspects of Bitcoin. People from all walks of life invest in Bitcoin because they trust it. Regardless of your financial situation, anyone who wants to invest can invest.

Most people aim for 100k. We have learned to wait in the past. This gives us an edge while we wait after Bitcoin's purchase. Patience is one of the most important things for an investment.

I think he is done with that already. He even have Bitcoins with him now and it's going to be his third time to buy another portion, just in case he already have a money. He did started small. This is perfect for beginners to minimize their losses because mistakes are there although all of us can have it but for those inexperienced users, it can come very often.

With the state of the OP, he is a poor guy so it might be hard for him to elevate his investment amount even if he already have an experience. I think the only thing that he can do for now is to wait or HODL until the bull run comes. After he sell and make profit, that must be the time for him to invest in greater amounts.

Indeed, Bitcoin's democratic nature is its backbone. It welcomes all, regardless of their economic stature, with open arms. Everyone has an equal chance to participate in this digital gold rush. Empathy underscores Bitcoin's appeal; its community is united in their belief in the potential of this decentralized technology.

The goal of 100k is widely shared. Its a testament to the faith investors have in Bitcoin's potential. It also demonstrates a remarkable ability to remain patient, to weather market storms and HODL despite volatility. This capacity for long-term thinking is a hallmark of successful investing.

Being wise investors, we understand that Bitcoin is not just a tool for profit but also a beacon of hope for a decentralized future. We participate not just to secure our financial futures, but also to propel this vision. Its an optimistic view, but Bitcoin's past growth suggests its not unfounded. Together, we watch, wait, and hope for the best.

Yup. To note, when I started out, not a few people were discouraging newcomers like me, saying the peak had come and gone. I remember very well that loud voices were saying 1k would never come again. I'm not saying they'd be wrong today, just saying DCA is meant to last many years for results.

Definitely can't dream big though. I had to liquidate a couple years back -- and it wasn't like I was fabulously wealthy, but it did allow to afford a personal "crisis".

No trader or super professional who has been trading on the market for 20 years will tell you how much bitcoin will cost in a couple of hours. Everyone would like to know where the bottom is for the price, and buy there for the whole fiat. But unfortunately it is impossible to find out. I want to give advice - buy in parts, so of course you will not catch the lower value of the price with your entire deposit, but you will not be left with anything.

It is also possible to sell, because all the words written above about guessing the price also apply to the maximum price of bitcoin.

Starting to make an investment is certainly not easy, so if you do it right away, it's certainly very good, you don't need to be discouraged that the investment value is not too large. I agree with the colleague above that there is no need to push yourself if you really don't have the ability to invest more than you can do. so it is always adjusted according to the abilities you have, because all of this is to avoid unwanted problems in the future.

but when you do have the opportunity to increase your investment again, of course it is very good, just like our colleague who sell vehicles for investment intentions because they are very sure that the investment made will definitely be profitable. there is still quite a long time when there will indeed be an increase, so it will be open to be able to increase investment.

A person can invest as much money as he can save. A crypto investor's future plan is to hold his bitcoins securely. But there are many people whose financial position is not good but are interested in investing. But if there is no money there are many people who plan to invest with loans but it is not a good decision at all. So I think it would be better if someone invests but with his savings. People basically invest in Bitcoin for a long period of time they hold for $100k and everyone waits for it. And it is true that investing in Bitcoin for a long period of time requires patience if it is possible to get success in the future.

If only I had done that years ago when I was broke, I could have at least made an insane profit.

It was around February 2014 when I have created my account here on Bitcointalk. I only know about Bitcoin being a "stock-like" asset however I was broke.

I thought that I need to buy 1 BTC which was under $600 back then, but I didn't know that I could buy fractions of it like even just $10 or $20 worth of it and hold. I wasn't educated back then.

So I ignored it for more than 3 years. When I got back into BTC, it was the first time that it reached $10k sometime mid-2017.

I have nothing but regrets. Fast forward to today, I do have my BTCs (but not 1 BTC) that I have DCA for months and most of them were in profit already. But I will just hold and see where it will end up in the next year's halving.

Well the good thing is that your regret does not stopped you in buying Bitcoin but it fuels you to strive more.  Honestly, I hold more than 12 BTC way back in 2016, but then due to the need for funds for a house renovation, and at the same time payment for the acquisition of a new property, I sold them all.  Thinking now, I could have bought 4 or 5 times that property if I decided to hodl, but what happens happened, there is no room for regret but must be more aggressive on accumulating BTC.  It is not late for reinvestment and accumulation, and the crypto industry is still young.

Just as people grow from small to big, small investments lead to big investments. Many people who invested in Bitcoin or crypto currency in 2022 got very good returns. Suppose you have 1000$ and you invested it after a year and got 10% return. On the other hand, another person invested 10000$ and after a year he also got 10% return. Here one person got 100$ and another got 1000$ but the difference is that one got 1000$ and another invested that 1000$. The more money you invest, the more likely you are to be successful there. How big your dream can be is limited by the money cap. You should invest only when you are not doing anything with the money after meeting all your needs.

I totally agree with you: when I need to give a suggestion I always prefer to play it safe and say just buy bitcoin but, in case they actually insist to buy some altcoins as well I would choose ETH and BNB. The first can be used for many different uses and potentially its grow during a bull market could be even bigger than bitcoin's; the second is pretty much the coin of the crypto Amazon, the more Binance grows and the more its value will increase as well.

Whilst this may be the case, it is certainly not possible to expect that a small investment will turn into a large profit.
In accordance with the context of the actual title when talking about bitcoin, although I strongly agree that there will definitely be returns if you are patient and continue to hold but when talking about profits all return to the initial capital.
Small investments are not a problem but it would be great if the investments made continue gradually because in this case it all depends on the efforts we make.
Being in bitcoin will certainly be very good regardless of the amount but when the investment made now is small then in this case do not expect the return to be very large because everything adjusts.

Honestly, investing in altcoins isn't bad, but why do so many people hate it?  are people being too stubborn to think that only bitcoin is worth investing in and the rest are not?  Many people have become rich with bitcoin, but there are also many people who have changed their lives by investing in altcoins.
While the market is bleak, bitcoin is not showing any positive movement either, but if we look at Doge, it is going up very impressively and I bought Doge 2 weeks ago.

serjent,  I absolutely understand you and your situation (however I do regret selling the bitcoin at that time). Like you, I needed money to buy and renovate a property. Now, reflecting on it, I realize that not every decision was optimal. Interestingly, after the renovation, I found myself overwhelmed with the cleanup and debris removal. That's when I turned to JS Removals (https://www.jsremovals.co.uk/). Their post-renovation cleaning services were a lifesaver, helping me clear out all the construction mess efficiently. This experience reminded me that sometimes, practical solutions like these are invaluable, especially when you're balancing investment and property management.

It is true that man grows up slowly if he has effort but besides having man's effort, man must give full attention to the particular task. OP has started investing with a small amount of money so we can welcome him but if OP does not continue his investment then this small amount of investment will not lead to his profit or loss. If he can invest consistently then he can expect good things. OP would definitely not be one of those investors who invest a small amount of money and end their investment journey right there without continuing to invest. PHopefully he will invest consistently and at some point when his capital is big enough he will dream big about his investment.

Practice makes perfect. You practice first by making small investments. From small investment your investment will gradually grow and your experience will increase. Of course you can expect better results when experience increases. Don't worry if your investment is too small.

If you have been investing using the DCA method since the time you invested then I think you have been very successful. Think about buying your bitcoins at $19k and at $22k how much profit you would have had if you had bought a lot more bitcoins at that time. There are many people who have a lot of money to invest but cannot take risks at the right time due to which they cannot succeed despite having a lot of money. The current bitcoin market is at $50,000. This is not a bull run in the market. The bull season will definitely start after the halving. So it is good to take risk in life but it is in currency like Bitcoin then I think a person can change his position very soon.

Well, we are not sure if the OP is successful or not because there are no more updates about him, nor has he given any more updates about his investment in bitcoin. But if he starts at that time and at that bitcoin price, and imagine the amount of bitcoin he has because he is continuously adding more bitcoin, then imagine the profit he has now. Really, the magic of bitcoin is that if you have enough patience and a good mindset, you will be rewarded. Sadly, I didn't start early in bitcoin, and I missed those bull runs, but now I make up for it. Even though the bitcoin price now seems scary and risky, I still invest in it as I know bitcoin will keep on increasing over time or in the long term, so it's worth waiting, especially now that the speculated bull run might come. I need to prepare by gaining more satoshis.