Bitcoin Forum

I'm preparing for the college entrance exam to go to college, so I can't make money from working. I get about $100 of allowance from my father every month. I use all of them to buy bitcoin because I can use father's credit card for expenses such as food, clothes. I can buy Bitcoin on a satoshi basis every month, but when I see people buying Bitcoin basis on the internet, I feel like I'm too behind myself. Maybe they have a much higher income than me because they have a job. I think I can only invest $100 a month for the next year or two, would that be enough? I am worried about missing big bull market with halving and etf approval.

I just replied to your other post if I am not mistaken. Like I said, buying $100 every month is very okay. You must not buy with thousands or millions. What matters is that you buy, you’re consistent at it (you don’t miss any month), and you do not ever touch the Bitcoin for any reason. Do the math for a couple of years and you’d see that it’s a lot of money. Selling your computer may not be necessary because like you said, it’s like $600. But I think a computer is something the average person needs.

It all depends on your income. If 100$ is something you can comfortably spend, go for it. It is enough only if you can afford it.
It can be too much also. Don't spend what you can't afford to lose in buying Bitcoin, because it can spend extensive amounts of time below your entry price. And maybe one day you will need some emergency funds.

Ask yourself, it you as a college student spend 100$ each month on investing will you be able to also spend on an emergency fund separately? Will you live comfortably even then? If so, ok. But I fear that it would be be so comfortable. For now maybe focus in the studies?

Wait. Did I just hear you ask would investing $100 monthly be enough for someone is not yet working? Then the simple answer is "Yes" it will definitely be enough, because investing in Bitcoin is not a competition, whereby you drag who its gonna take first or not, but it is an investment you start with the mindset it's gonna be kept for future use, hence it's not something that you rush into it because it's not a get rich quick scheme

Enough for what? To get rich quick? Buy a house? Most likely not. The previous bull run had around x10 growth between the bear market and peak of the bull run, and around x6 growth if you take averages, And there's a strong decreasing trend of this relative growth with each bull run. So this next bull run might have only x5 or x3 growth, and your $100 will turn into $300. That's a great result if you compare it with bank deposits or some stocks, but this isn't the crazy profits that the early Bitcoin investors saw. But this doesn't mean that you should look for altcoins, because altcoins lack fundamentals and are just pump and dump schemes that crash to the ground without any chance of recovery.

there’s no ‘enough amount of btc’ just invest whatever you can

to me as someone I consider middle class, 100 usd every month is A LOT especially considering that your experience are not covered by the 100 usd as long as you have invested in bitcoin during when it was still low in price, the amount doesn’t really matter much because either way you’re always gonna get profit

There is nothing here to worry about, you are not missing out, bitcoin will continue to raise even after halving next year. You are about to get into college and you are already fortunate enough to be having $100 per month to invest in bitcoin, just imagine how much you would have save up to till you graduate. For me you should be Thankful to God about it because there are alot of college student and graduate who are unable get monthly $100 for investing in bitcoin.

take a look at the price chart I took from coinmarketcap
https://talkimg.com/images/2023/12/08/NlMS1.jpeg (https://talkimg.com/image/NlMS1)
year 2021 $32,129.41
year 2022 $46,311.74
year 2023 $16,952.12
and almost at the end of 2023 the price of bitcoin continues to increase to $43,38x.xx for now.

looking at the annual chart, it can be analyzed that the price movement of bitcoin continues to increase from year to year. it can certainly answer your question
I think it's enough if you invest $100 every month. with a note that it is for long-term investment, it can be more than 2 years and you never sell because of a momentary bulish. because it is human nature, if you see bulish and feel that you have made a profit, there will definitely be a sense of selling at that time, and never think that it is a momentary bulish that will make the price soar even higher.

Yes, that's enough. Every amount is enough. You are doing DCA, so any amount will do as long as you know what you are doing and you know the risk. You see, you can't just buy and buy bitcoin anytime you want; there is a right timing, position, and price because if, for example, you bring satoshi at this price but it goes down, then it's a down trade. You will see red in your portfolio even if you can recover it by waiting for it to go up again. It's still scary because, for the inexperienced, you will have anxiety waiting and waiting, so it's also advisable to not look at your holdings so you will not make decisions based on emotions. If you don't want to just hold your assets, you can try trading, but yeah, it's a lot risky and dangerous. Anyway goodluck on your investment journey anytime you could ask here on forum.

The amount on how much we can invest always differs from ours, like how much we make or how much we are willing to risk.
The question must be answered by you, OP. Is it enough? If that  $100 will be lost, it's fine to you? Because in investment, no guaranteed.
Additional thing is make sure you have some emergency fund because maybe you already investing your all money in Bitcoin like it is already too much to you.

What is your father's allowance for?

Please use money properly and don't exploit your father's credit card.

Don't feel you are behind anyone else. We all have different entry points and different income resource so that you must feel satisfied with best you can do for your portfolio.

Make sure you have a safe risk management for both your life expense, emergency and investment portfolio. Basically with human instinct, we never feel enough so your question is wrong.

The good news is if you already did research and had belief in Bitcoin, you can start your investment and can maintain it a long time. One of good investment strategies is Dollar Cost Averaging. Because you are only at beginning, you can use two DCA websites to imagine how this strategy will help your investment after like 1 or 2 years.

• https://costavg.com/
• https://dcabtc.com/

The first website is more useful because it has information for profit, loss of each DCA round.

If you are still vague about DCA effect, see how it helps both MicroStragegy and Nayib Bukele (on behalf of El Salvador) to get profit with their Bitcoin investments.

• https://saylortracker.com/
• https://nayibtracker.com/

You had rather buy bitcoins than none but to me since you are sure that the money must surely come to you on monthly basis I would have suggested you take a loan that will expire after the halving and use all the money to buy and hodl Bitcoin till after the halving because from speculations Bitcoin price will continue to surge higher till the bull market begins, my reasons for advising you to take a loan is because you are sure to pay back when the agreed date approaches and moreover your daily needs doesn't come from the money as you've already said you use your dad's credit card to buy some personal items for your self meaning at every month your pocket money is intact then due to the increase in the price of Bitcoin on daily basis now waiting till you receive your pocket money on monthly basis will mean that you won't be buying Bitcoin in same amount every month so if it was me taking a loan, then buy bitcoins in huge amount and hodl it will be preferable.

$100 for now you can get btc 0.002300 in my opinion this is a decent amount as long as you routinely do dca every month but of course the money you are ready to lose is right to put in bitcoin, but in this case of course you have to think carefully because You need to know that BTC has a fluctuating nature, so basically you can buy Bitcoin and use the DCA system every month, but of course you also have to think about unexpected costs such as unexpected costs at your school, college and so on. and you need to know that investing in BTC is not a quick way to get rich, the point is that it takes a very long time, and you need to remember that Bitcoin can get as high as it is now, of course it takes a long time.

but op I think investing in BTC with whatever amount I think is enough as long as you are prepared for the risk, and of course you with $100 to buy BTC every month is certainly enough of course because if you invest in the next 1 year or 2 years of course your Bitcoin amount will increase, I think This is a good idea because in 2025 we will potentially see the bull run that bitcoin investors have been waiting for.

Look at your incomings and outgoings and invest what you can afford to lose, but make sure your basic needs are met first. It's good that you're choosing to invest and use your money wisely, but If that $100 is all you have, then maybe it's wise to keep some of it back just in case anything unforeseen arises.. Good Luck.

And who will pay for the credit card bills? Your father I suppose? So that's like your father is spending double for your monthly allowance. I bet he also doesn't know about this. Otherwise, he probably won't allow you to do that.

I don't think you're doing it right. This is literally an example of FOMO. You fear that you miss out big on Bitcoin that's why you're using even your monthly allowance to buy some. Although this might prove to be profitable in the end, is your family having regular excess savings that you don't care about what you're doing?

If not, I advise you to stop it. You're a college student. It isn't your business investing in whatever. You don't have an income yet. If you badly want to invest in Bitcoin, try looking for a part-time job or a side hustle.

If you intend to invest for a long time and leave this money for ten or twenty years, it may be sufficient according to your country, but since you deal with Bitcoin as an investment, it is easy to predict prices compared to keeping this $100, and you will inevitably find that the value of your investment will increase, and it may increase faster if you decide Invest a large amount, such as $1,000, from one of your friends, and return it to him with $100 in the coming months.

But what do this price figures highlighted bold above actually means? Because I tried figuring out, but seems not to comprehend, and I will be very glad if you can elaborate more on it for me. Because at first I thought could it be the price of Bitcoin by the time many years ago, but the very moment I saw "year 2023 $16,952.12", I knew it can't be the price of BTC, because we are currently in December, and the price of Bitcoin is $43k.

So can you please elaborate more on it?

$100 worth of Bitcoin on a monthly basis is enough for a university student. Since you say that you are a university student and this is your monthly income from your father that you can dispose of and save, this will be enough for you.

You do not have another source of income, so you have to be convinced of your monthly quota and hold Bitcoin on this basis on a cumulative monthly basis and you will eventually get a satisfactory result.

You do not have to compare yourself to people who have thousands of dollars and buy Bitcoin in large quantities. Act as you are and the amount of your monthly income, and there is no need to look at others.

I just now understood that, apart from the $100 allowance you receive every month, you still have your father's credit card. What's that? Your father entrusted you to handle his credit card.

I'm just wondering, why would he give you a $100 allowance every month if you have his credit card that you can take from his credit card? It just crossed my mind; that's why I asked you, dude. Although the ones you plan to buy Bitcoin for 100 dollars per month are not bad.

Yes it is important you buy $100 worth of Bitcoin every months. No amount is too small to invest, It will go a long way instead of waiting to have much before you start there is no time that is too late to buy Bitcoin. If you check the current price of Bitcoin you will understand that Bitcoin is fast growing and may go back to it ATH maybe by the end of 2024 who knows. Whatever decision you made about investing in bitcoin is seen as a wise decision because we all knows that bitcoin is the Future. And those that have it will never regret about owning it.

I apologize if I confused you. the data is the price for the beginning of the year. so I mean from year 2023 $16,952.12 data at the beginning of 2023, and because this year is still running.
underneath I also provide further words and almost at the end of 2023 the price of bitcoin continues to increase to $43,38x.xx for now

Investing $100 per month in Bitcoin could be a good strategy for you. I think it’s a good start and the most effective strategy but it’s important to consider your financial situation and investment goals. Don’t compare your investment strategy with others, everyone’s financial situation and goals are different. Some people may have higher incomes, but they also likely have different financial responsibilities. It’s not about how much you invest, but rather how wisely you invest. Focus on your journey and financial goals. By the way, what are you saving for? How does Bitcoin fit into your overall financial plan?

Anyway, good luck with your college entrance exams and your investment journey!

The word "enough" is a broad term.
I can say that $100 is enough, but there will be some who will say here that it isn't, and vice-versa.

The point here is, what's important is that you are investing. Investing would be much better than just putting it in banks. Yes, your money will be safer there, but you need to risk sometimes for you to get more money. Investing $100 will always be better than not investing at all. Good Luck to you OP. Don't forget to invest, but at the same time focus on your studies as well. Are you worried about missing the bull market? Always take note of this. You will not miss it out as long as you're investing. The ones who will miss it are the ones who aren't investing at all because they're afraid. You are thinking like this because you are kind of pressuring yourself, and thinking about the investment of others out there. Just focus on your investment, and don't compare it with other investors.

You're lucky that you are getting as high as $100 per month because when I was studying at college, I was getting way less amount every month compared to you, so I don't have spare money to save for investing.

Don't look at other people's progress to make you out of your path. Make the other people's progress as your inspiration and aim for the success you've dreamed of. Don't ever think that you are left behind, think that ever since you have started knowing Bitcoin and up to now that you are investing, you already made your progress. Having progress is better than nothing. As long as you consistently invest enough money, you're all good. Don't think that you are getting left behind, you won't be ever too late for this investment.

What you must do right now is to continue your investment and don't think too much. If you make $100 of investment every month, it will be an unexpected amount in the long run. Just think that you started with a small amount, but in a year or two, you'll be shocked to see its value.

Don't feel like you are behind on anyone else since we have different timeline regarding on when is the exact time we feel comfortable to buy our very own bitcoin and if you think you can afford to buy with $100 every month then this is really fine as long as you have balance save intended for future use. There's no amount set for this so if you can afford to buy with that amount for sure no one will discriminate you. Also don't ever feel that you left behind since sometimes we might take a wrong position and get FOMO on some situation then we bought bitcoin at the top.

We still need to use our brain to follow the market updates so that we can buy at the best spot so that we can earn and not became a long time bag holder. Also make sure that you strengthen up your emotion since for doing holdings this is our main enemy so we need to tighten up our belief and think positive that there are more great things will happen to bitcoin especially when ETF and halving happen so we can earn huge from it.

Don't compare yourself to others because you are still a student while others are already working on their stable jobs, which means they are more capable to invest more than you. However, buying bitcoin with your monthly allowance is already good enough, that would be a lot already years from now if you do it consistently. But my concern is maybe you would consider subtracting a little amount from your allowance than to invest it all, so you can save for your other expenses and for emergency funds as well. Students have a lot of extra expenses so better save for it.

You would not miss a bull market as long as you consistently purchase bitcoin even with a small amount. What matters now is that you will gain future profits from bitcoin, compared to those who have not invested at all.

In my opinion, it would be better for you to focus first on your education, to determine your fate at a prestigious university in your country. If you get a scholarship in your country, of course you can also get money that has been regulated by the country you live in. In my country, usually the money will be disbursed every semester, from here you will be able to use or utilize your scholarship money to invest in bitcoin.

You don't need to see people investing very large amounts of money. If you can afford $100 a month, you should be grateful for the pleasure that God has given you. There are still many people below you who want to invest like you. In my opinion, don't burden your father's credit card too much, to buy something that is useless, in my opinion it would be better if you invest $100 in Bitcoin, you should cut it to 40% (bitcoin), 60% for daily needs such as food, etc. in your education

If you are afraid of losing the halving phase in bitcoin, of course there are still many ways to multiply your money, indeed bitcoin can make you profit, of course the current price is too high, If you are a risk taker, it's best to invest in altcoins, of course the price is much more affordable. If Bitcoin halving, of course the price of altcoins will definitely fly too.

If you can afford it then it's good, some people can't even DCA that much into Bitcoin every month, the different is can you easily afford the money? There is no point killing yourself softly because you want to gather some Bitcoin, that's why having your own source of income is very important.

There was a time where all I can afford to invest in Bitcoin is $100 and this isn't every month, it's once in a while, maybe every three month, things was very tough at the time and I have no source of income which is why it was very hard.

I would prefer to invest money in Bitcoin than keeping it in the bank and that's why people like JP Morgan is not happy right now, saying that Bitcoin is used for funding terrorism while he was caught with many drugs and he was fine for it, just keep buying Bitcoin that you can afford, you will earn big for doing this.

When we start making investments, we must be able to prepare for the needs we need and also for needs that we cannot predict so that we don't experience problems when the investment is underway, because if we don't prepare our investment well then it will be difficult when it is running. investment of course has to take the investment and cannot achieve the target we have set.

I agree with your opinion, we cannot compare ourselves with other people in investing because the income we get and also the expenses we need are not the same as other people, so it would be better for us to focus on ourselves to be able to achieve our goals. want.

Buying 100 dollars of bitcoin every month is not a bad idea. You dont have to rush into buying bitcoin because you are still a student and currently you do not make money all by yourself. As your parent still take cares of your college needs after giving  you your monthly money. The best thing to do if i were you was to only allocate 50 percent of that money which is 50 dollars to buying bitcoin every month. You can keep the remaining 50 per cent for emergency funds like handout, textbooks and other messelinous. Its not a good idea to Remove all the money in your hands as you may need anything urgently and life events may happen as well. So you could just touch some amount from it and settle those problems.

I see your a newbie on the forum but not new to bitcoin. You have chosen the right choice of investment and you will not regret for doing that.

We all start at something OP, and a $100 a month sounds a pretty good start to me really. A year of investing? Great! Two years? Even better. At the very least you starting on something. Now I'm just hoping you''re ready for both potential gains and losses you'd expect from now on. While it may be good to expect some good gains since your time span is around when the halving is and when the period of bull run usually starts (a year or so after), it's not exactly a guarantee. If that $100 your investing is something you can afford to lose a part of, say maybe at least 50% of it at the worst, then just proceed and hope for the best. I think you know what you're getting into though so best of luck with whatever you decide on OP.

Buying $100 worth of Bitcoin every month means employing the strategy of DCA (dollar cost averaging). It's considered to be a good investment strategy because it's simple and takes anxiety and time out of the equation. If you invest $100 into Bitcoin every month, it will be $1200 of invested money within a year. Assuming that Bitcoin bull market comes somewhere at that point, this can become, say, $3k. Maybe more, maybe less. If you continue for years, it can be significantly more eventually. As a way of saving up and getting some long-term profit, it makes sense. But it's also very unlikely that this sort of investment will make you a millionaire, for example, or will soon add up to enough money to buy a house or something. So it's important to set realistic expectations.

How much is enough is very subjective.

Live in a third world country and you will need little to be 'Rich' according to the surrounding society.  Live in New York and you will will need maybe over a thousand times more money to have the same level of comfort.  I would say you are not behind yet and 100 a month is good.  But this is according to my own view.  You can have a different view.

Do not expect anything much out of it.  Otherwise you may be disappointed if you expect to become a billionaire or to purchase some large houses in Hollywood with a big pool and lots of ladies.  Expect nothing and keep investing.  But do not over do it, invest as much as you can.  Some people wrongfully invest life changing money and lose it.  Do not repeat that mistake.

As long you can afford to lose that amount and acknowledging the risks, then you are fine.

But correct me if I am wrong though if my calculations are correct. You said that you’re getting $100 every month from your father, right?

But what if later on something happens to your father’s credit card like unexpected unauthorized transactions that would lead the card to be blocked and cannot be spent anymore? How would you be prepared for this kind of situation in the future?

If I were in your shoes though, I ain’t gonna spend my entire $100 cash for it but rather an amount that I am more comfortable of losing every month no matter what.

It's important not to compare your investment decisions to others. Some individuals have such a substantial amount of money that even if the price of Bitcoin were to decline, they could simply purchase more or choose not to sell at a loss. If you attempt to imitate their behavior but are unable to maintain your daily financial obligations with that amount of money, you are putting your money at risk. If you are unable to increase your monthly investment, it's best to be satisfied with what you have.

OP, what do you think is investment?

- It's easier to only invest money that you're willing to lose than to risk money on something you don't really understand. In my opinion, you are still young, take the time to study and find suitable jobs to experience more in life. Don't try to force yourself into opportunities that others are experiencing well, but it will never pay off easily.

- I'm not sure if you live with your family or not, but $100 is not always big and can be used for basic expenses. First, let's add knowledge about this market. There are many opportunities in the crypto field, I'm honest with that, but those opportunities should be realistic, not vague speculation, and you should consider every decision, especially if you are old enough to live. Be more responsible for yourself and your family.

Let me ask you, how much is the amount you are capable of investing in Bitcoin every month?
Investment in Bitcoin depends on an individual's capability or the amount of money they can produce and risk as their investment. You can't invest $150 if you get $100 every month. Even if you want to invest more than that, you can't. What you must think is, that you have your investment, having one is a good start since you can already think of investing at your current age.

Investing $100 a month in Bitcoin is enough for you. You will also not worry too much about how to meet your daily needs. That means $100 is free money that you can use for anything.

It's okay if you can only invest $100 in Bitcoin in a month. There are still many people who start investing in Bitcoin with less money than you. The important thing is that you are preparing for your future by investing in Bitcoin. If you are already working, you can increase the amount of money for your investment.

But you still have to remember that when investing in Bitcoin or anything else, you have to use money that you can afford. Free money that is not used for urgent needs or things. So you can continue to invest in Bitcoin until the next few months or a year later. Hopefully, you can collect a lot of Bitcoins before the price increases. And hopefully, next year or 2025, there will be an increase in the price of Bitcoin and that will provide big profits for you.

You invest what you can afford, hence there is no need to compare yourself with others. $100 is a huge many invest in some countries because some people don't earn that amount monthly. I suggest you invest what you can afford now and focus on your studies because it is your number one priority now. After college, you can secure a high-paying job that will enable you to invest more in Bitcoin. Don't be in a rush to make a profit because investing in Bitcoin on a long-term basis is the best option.

OP if your focus is on next year's bull run and the ETF you will not make much profit because $100 per month might not yield much. I will suggest that your plan to sell your coins should exceed the bull run and ETF. But it all depends on your plans or profit margin. However, there is no harm in a trial, just keep buying.

100$ every month is very good amount of money to buy bitcoins cause as we compute every year you can have a 1200$  and it's still a good money to invest and to hold for long term and also I agree with everyone who says that it's up to you OP if you have enough money to spend your needs then it's okay to buy bitcoins for 100$ per months. And one thing I can assure you that someday in the near future you can have a good profit .

Buying Bitcoin for $ 100 in a month is an extraordinary thing for someone, of course the needs they have are not that much and it certainly has an extraordinary income for someone who works as a student, but I really applaud his determination and intention to save the money. for the long term, let alone placing and entrusting the investment by buying Bitcoin as a long-term investment, it would be a good example for us if there was someone who did this extraordinary thing.

The amount is not a measure but how consistently you can buy with that $100 every month, there are many people who buy with small amounts but they are consistent. If you miss the bullish market before the halving then there is no need to worry because the cycle will start again and this is why you don't need to worry about bitcoin when buying it because there is a four-year cycle that can always provide significant price spikes.

You are still lucky enough to be able to buy $100 every month because there are many people out there who may not be able to touch bitcoin for reasons of not having money. So keep it up is because you will see something that is optimal when carried out consistently and whether the purchase is big or small is just a matter of numbers.

Any amount will do in investing as long as you know that the amount you have invested will determine how much profit you could get. You could do the DCA method with that amount even for every month as long as you are consistent, you would accumulate a lot of Bitcoins for sure. That amount is enough for you as you have daily needs that you'll need to provide, there is no need to compare your situation to others as you know your battle, as you are just starting from a small amount. Investing is already a risk that you are gonna take, so wanting more might have a negative impact cause it might lead to financial problems as you prefer to invest more than providing needs. Never invest the money that you cannot afford to lose, cause there's no guarantee that you will profit from the investment, some literally take time to grow, especially with the amount you invest.

You said that you are preparing to go to college, then why are you investing instead of saving? Let me clear it to you that bitcoin investment does not give guarantees that it will result into quick profits, so you can't expect that you will receive your profits when you needed it so badly. Bitcoin is a long term investment, hodling it for 5-10 years would give you maximum amount of profits.

However, if you insist investing, then $100 is already a good amount. But let me remind you to invest an amount that you won't be needing anytime soon. If you want, lessen your budget and reserve some spare money on your unexpected expenses later on. That is way more convenient for you.

$100 per month and you just need to make sure when is the right time to buy because every month Bitcoin experiences erratic corrections, so please take advantage of a little trick so that your purchase has added value. Is $100 still worth it? sure, is $100 enough? Of course not, it's just that rather than nothing I would choose the first option which is to buy for the amount you can afford.

Well, because you are a student there is always a need to pay for administration, class fees, hanging out, group work and other things which are called unexpected costs. Based on my experience, activities outside of college can sometimes interfere with the investment you started.

It is your personal matter you can invest any amount in a month. Since you don't earn income, the amount you can save and invest in Bitcoin will be a profit for you. Maybe you can invest more bitcoins when you can earn. But if you regularly invest $100 a month in Bitcoin, you will own a lot of dollars at the end of the year. In this case you have to invest constantly and after investing you can never look at that investment. If you can invest in this way for a long time and keep that investment then you can own enough money.

I thought allowance are meant to be used to support your school miscellaneous like textbooks, some bills like materials and handout and also to print assignment and other things that will come up later in school. My question is if you plan to use that money to invest into bitcoin, how do you plan to take care of your school business, don't starve and deprive yourself for a quality education, use the money and face your education man, bitcoin will go no where but your school semesters will never wait for you especially when you have problem later.

I believe that if your father notice that you are using his credit card to to do another thing entirely different and also spend the $100 bill quickly, he will question your spending habit and I believe you have the perfect answer to that and if they are not aware of you buying bitcoin, it's better you are open than doing some underground things that will cost your relationship with your parents, it's better they know.

However, if all I have said is irrelevant and perhaps you are from a well to do family and a pamper kid, buying bitcoin worth of $100 is good, in 10 months, you should have at least $1000 worth of bitcoin in your custody or should have been more than if bitcoin continues to pump as you keep buying it but the next line of action lies on when you want you want to sell it. You can hold when you have gain something quality or hold for long term but make sure you face your studies very well.

A person will invest that amount which he can easily invest because we cannot make larger sum immediately. If you are using 100$ each month then it is possible that you can earn well through this amount because you have no other way to earn more and invest more. Expenses and other uses are also necessary so if you complete your expenses with the help of using credit card of your father then its a great idea that you know about saving and investment as everyone does not have same mind.

Halving is far yet and now the price is in preparing stage therefore you have two or three months yet in which you can easily invest some amount in Bitcoin so you will be able to take profit from halving. The profit will always depends on the amount of money you are investing and if you look towards your invested amount then you will surely be thankful for the profit which you get during halving.

It really depends on each person, others can invest $100 worth every month, or there could be someone that can put a lot like $100k. And that is the beauty of bitcoin investment though, it's open to everyone, average joe just like the majority of us here and then whales sees each other at the exchange and we bought it at the price that can we afford.

We might even say that there could be others as well investing a little at $100. But the thing is that they see and take advantage of this opportunity and then looking at their investment for the long term.

I just replied with someone here who would start with $50 and yours is actually possible! While your budget may not match those with higher incomes, consistent and disciplined investments can still yield meaningful results over time as long as youve done your research.
Embrace the HODL mindset and don't let the daily ups and downs stress you out. Since youre still a student, keep in mind that emergencies happen, so make sure you've got a little financial cushion before going all-in.

I don't understand what you mean by the "Satoshi basis," just be careful and ensure that you are actually buying Bitcoin and not let people deceive you with the mBTC calculation. I mentioned this because if you are not conversant with how some wallets work, people you buy from or who set the account for you in case you don't know could ripe you off.

That said, you have to make sure that you do not stress yourself about investment and do not let your dad be crossed with you. He has tried by giving you the $100 monthly allowance and I believe you should use it judiciously. You might invest the excess in Bitcoin and keep having to invest more over time as you grow. It's never too late, there will always be an investment opportunity. You are still young, so do not push yourself too much.

As for those who are investing heavily in the coin, they must have gotten their money from different places. It could be from deals, investments, salary or services rendered, some could even be through illogical activities. This is why I implore you not to think about them, just work within what you have and you will be just fine.

How long are you preparing for college ? because you did not mentioned how long you have time for that.

You are good in buying Bitcoin 100 dollars a month? that is one of the best plans you can find but I find you a
spoiled son/daughter because you have an allowance and still can use credit card for everything you need.

2 years holding bitcoin? that is a great idea and enough time  to double or even multiplied your capital.

Other race is not your race, so make your own race-worthy and focused, and don't look at how much they accumulate. If you think that you're behind them, how about those people who are still in doubt about investing in Bitcoin and are not even aware of it? There's more with those people to discover while you, you understand a lot of things already about bitcoin and that's what makes you want to invest.

It doesn't matter, just do it and when you're able to buy as much as you can after your graduation or when you already have a job. Bull runs are going to be in a cycle and it's not just going to appear within the next few years. So, think of that moment that when you're not yet able to buy in bulk but soon you'll be able to. Just now, purchase what you can purchase and be well with it. There's no quick hocus pokus on buying Bitcoin as a starter and being a student, everything is understandable with your situation and at least, you're trying.

It's worth the shot but you should have been investing with $100 monthly since 2022, because now we don't have a lot of time left, believe me, 2024 is going to be the bull run and by 2025 it's already gone, so investing $1000 will take you 10 months, right now the time ain't on anyone's side, it's better to bump up the value very quick and start buying Bitcoin.

The only possible way a correction can take place is a bad news on the ETF approval, if not, then I think this thing will be different with Bitcoin, I strongly believe that the ETF approval will bring in a lot of money and also the high inflation just makes Bitcoin a better store of value for many people.

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My advice to you is to not feel left out, do not compare people investment strategy to yours, you are a college student and you are focusing on your studies, not everyone is in the same shoe as you right now, some are doing so well in life that they are getting paid every week, so such people will find it very easy to invest on Bitcoin, you can only do what you can and don't feel bad about it.

Enough is something subjective, as $100 per month might not be an extravagant amount in western countries but is in the Third World. I've seen other users start with as little as $30 per month; if you can afford to spend $100 every month, then I don't see why not; it's actually a decent amount to get you started. That's $1.200 per year, which isn't too bad; it all depends on what you're aiming for and your available income, and who knows, it might encourage further budgeting and saving, and you might opt to spend more in the future. You need to specify your needs; you're asking if it's enough—for what exactly? To become wealthy? Certainly not, to gain some extra pocket money and build a small savings fund? Probably yes.

Certainly, the early days where you could yield massive results with relatively small amounts of money have passed, but it's still not too late to start acquiring Bitcoin; the prices have already risen close to $45.000. Who knows what the future holds? In the upcoming year or two, we could possibly surpass the current ATH.

If you ask me personally, I honestly have to tell you it's a creative idea, $100/month invested in Bitcoin times a year $1200 and so on.

It's just that according to my current considerations, if you want to do it, you only have a few months ahead before the Bitcoin halving occurs, but you still have the opportunity to do it, But if you do as your idea, it's best to do it again after the halving occurs, at least you can invest 3 years before the halving occurs again, with your total investment being $3,600, who knows, after owning Bitcoin it can be cheaper than the current price, it will increase the value of your investment in the future.

OP, Bitcoin has good value in the eyes of the world, so it is a good choice for you to increase your money online, the important thing is to also consider the risk of the crypto market and the price of Bitcoin and some other information, so that you don't lose, where is the right time to buy and when sell.

Even investing $100 monthly in Bitcoin is respectable, especially as a student. Investing is more important than how much you invest. You're ahead of many by starting early! Larger buyers may have more disposable income, but that doesnt devalue your efforts. Thanks to compound interest, long-term investment can rise significantly.

Yet investing isnt simply about catching bull markets or avoiding missing out. Long-term strategy and market dynamics matter. Bitcoin is valued due to its restricted supply, and historical tendencies imply growth post-halving. So $100 may seem modest, but persistent investment matters. You're sowing financial security. And that is  the goal.

I buy less than 100 every month and I'm ok with it. I could buy more yes, but there are some months I buy almost twice as much. So, 100 is more than ok, just keep in mind to be constant. Never miss a month and after a year, not only you'll have invested 1200 of Bitcoin, you will also have more than what you invested for sure, in a year basis! And don't be looking to price every day or week. Just buy it and forget it...

Buying a $100 worth of bitcoin monthly seems to be big enough amount of Bitcoin accumulation for a student and if you put in such efforts for the next two to three years coming,  you already made about $5k or so from your savings and that is huge enough.

More also,  whenever you have some other spare cash you can still make more buys because there is it limit to what you can accumulate as long as you are buying from an account that you already put aside for some years.

One of the unofficial rules of bitcoin investment is to only "invest the amount that is within your limit and budget. If you know it's only $50 you can invest in every month without having to sell some coins anytime an emergency need arises, then it's better that way. If you know you can also invest the $100 and keep holding without selling randomly at any time due to an arising emergency, then it's still fine. Just make sure you are not investing more than you can handle. Bitcoin investment is not like fiat investment, which may look stable while still devaluing, but Bitcoin is a very volatile asset. You could buy at a higher price today and see the price drop the next day, and if you have an emergency that requires you to sell some Bitcoin that day, it means you will sell at a low price below what you actually bought it.

Be enough for what? My advice as an advisor would be to make sure you can even afford it first off. Secondly it would likely make the most sense to simply do dollar cost averaging over the course of time. I wouldn’t force yourself to buy bitcoin if you don’t have the necessary funds readily available. Keep in mind bitcoin is not an investment..inherently.

Having the mindset of an investor at a very young age is golden and investing while you are still at school is also awesome. Don't get it twisted, what you are doing is called "DCA" which is called Dollar Cost Average. It is a systematic way of buying into an asset class without buying it entirely at one shot, it has proven to be a strategy most effective in crypto space.

You have an income that best suits your DCA strategy and that's ok, keep at it and worry less about those spending more buying Bitcoin. Yours will pay you more if you keep at it.

Let's be honest: $100 is not a lot of money but I think it's going to help you a lot, especially for the future, in order to get a better financial mentality, I'll try to explain myself better: the simply fact that you are not spending that allowance on fast food, videogames, clothes, you name it, is already a sign that you have a good mentality. If you keep investing, you keep holding, you stay strong when the market dumps, all these things are going to make you grow a lot and they'll help you for the future when you'll be able to invest more money. Out there is full of people way older than you that as soon as they see a -3%, they sell everything at loss because they can't stand seeing their investment losing value. That is the worst thing you can do.

Even spending $50 every month is still okay because the most important is that we invest something that would give us profit in the future.
Don't compare yourselves to others and don't get jealous about why they are investing earlier or in huge amounts as you never know their story as well.  Don't feel regrets because whether you like it or not, some may go first while some come late. If I were you, just focus on your goal, and consider other's performance as your motivation which you can be like them in the future if you continue.

Do not ever compare yourself to others when it comes to investment or even anything regarding progress, only compare yourself to your previous self, if you have improved or not is the only thing that you should worry about, 100 a month in investment is already a big amount of money so I do not think that it is a good idea to think too much if you are investing enough. The point is that you are already investing which about 100x much better than what others have done with their investment journey which is all talk and no actions to back up their talk or promise.

there is nothing to prove for improvement mate because what he is trying to ask us is if
She can invest in bitcoin that 100 dollars monthly for the college schooling since that is just an allowance from
her father and she still has food and clothing from the father credit card so indeed that she can do everything
from that amount of money and for me that is enough to wait for the bull run .

It's like you want to ride the FOMO but the problem is you don't have sufficient funds to buy more bitcoin. My advice is, never deal with a problem that you think you won't be able to solve. Instead, be contented on your own funds and you'll see no problem. If you can't get massive profits this upcoming bull season, there's always next time for it. Just invest what you can afford to lose, and having $100 as your budget is fine enough.

However, make sure that you won't be struggling on your funds if you invest all your allowance, otherwise you will end up selling early and lost your expected future profits.

Do not compare yourself with others since what they are doing has no impact on your life, so even if they are making a fortune this should not be a source of worry for you at all, worry about what you can do as this has a direct effect on your life, investing 100 dollars per month on bitcoin is a good amount as I am sure there are many forum members that began investing in bitcoin with way less money than that, just concentrate on keeping your coins secure and being consistent, two things that may sound easy but that are very difficult to accomplish.

Is it really commendable? But I think it's better to just prioritize our current life for now, as this is more important than the future, when we are not sure what is going to happen. And using the money that is intended for something important can only make our life even more harder.

If we truly want to invest in Bitcoin, we need to fix our life first like pay the existing debts, find a better paying job, and so on.... . If our income is now sufficient, it's now more easier to be consistent either by buying and holding. As you said, we should not compare our self to others and then the very key here is patience. So just let them go first and we will soon catch up.

$100 a month is fine as long as you can afford it.  Never "invest" anything that you cannot afford to lose.

He said he is a kid about to going to college, what kind of debts is he supposed to have? At that age everything is paid by your parents. Putting those $100 in a bank, each month, is not going to help for sure, they'll just sit there losing money. Investing on the other hand will prepare him for the future, he's going to learn stuff and won't be scared when the market dumps. And I disagree also when you say that the present is more important than the future because you don't know what could happen: exactly because of that I have friends who have big debts because you only live once, so if you want to spend thousands of dollars in a car that you can't afford, hey, just do it, enjoy life. I'm not sure that I would enjoy my life paying interests on debts but everyone is different.

Up until now, there's no set minimum or maximum limit for someone to invest in Bitcoin. Many people still buy Bitcoin with amounts lower than what you're planning. In my country, I can start purchasing Bitcoin for as little as $0.5 in local currency, and if it's p2p , I can even buy smaller amounts. So, don't ever think that $100 is a small value. Never use other people's wealth standards to make your decisions... it's just a waste of time.

Do it consistently, even if the current prices are bullish. I believe there are even bigger bullish trends ahead. I don't know when exactly, but it will definitely happen. Be patient; I'm confident your two-year journey will have many stories to tell.

That's why crypto is so good for investing, there is no minimum required for someone to invest. I guess we can say that people should stick to Bitcoin only (Bitcoin maximalist), but the fact is that the same rule applies to all other cryptocurrencies. DCA is not new, and people should use that strategy for long-term investing if they believe in some crypto projects.

100 dollars worth of Bitcoin every month is DCA, but I would diversify that 100$... at least 10-20 percent would go to some other crypto projects.

$100 a month you asked, will that be enough, you mean? Which other amount do you think will be enough for you to invest in bitcoin? The whole world I think.
One thing you need to understand about bitcoin investment is that it doesn't require you to have big money before making any investment in it. Invest the little you have and hodl for long. It must not be investing consistently with a particular amount for you to be sure you are investing for the bull run

Yes, you can purchase the amount you mentioned regularly every month in order to make regular savings and simultaneously use these savings as investments. As I mentioned, this would be a very good choice for both investment and savings simultaneously.

On the other hand, if you purchase Bitcoin regularly every month you will be making a gradual investment based on the fact that it is constantly purchased at current market prices. This will not only help to reduce the average price in case of a possible price decline but will also help create an average cost that is consistently close to current prices.

I've just talked also to a friend of mine that asked me the same thing and I've said yes. You're even better if you're going to follow this plan of investing $100 a month. This market is here to stay so that's a good start that you can do, someone just need a point where to start and $100 as a start sounds perfect for people like you and my friend.

While you are already here, no need for any permission or approval of anyone for you to start accumulating. Don't wait until an etf gets an approval or the bull run gets started which actually we're looking at with its actual start though IMO.

Saving $3.33 a day that adds up to $100 in a month isn't a huge investment - but it's a good deal better than nothing. Lots of people want to invest - but they can't afford to skimp, so I guess $100 a month is good. OP can increase it periodically if she has more budget – but being focused and consistent for the same budget amount is also a good thing to maintain.

Each has different abilities in investing - this includes the budget they have. I can always say $100 is still the best choice in a month than having nothing to invest.

Congratulations. You finally happened upon DCA.

Of course it’s okay. Heck, it’s even great that you’re able to afford as much as 100 bucks every month on a long-term investment like bitcoin since that means that your money’s going to compound sooner and more visible than you envision it. Only advice I could give you at this point is to keep at it and be sure to only set an amount you’d be able to deliver without any delays, meaning that whatever happens to you tomorrow, as long as it’s not death, sickness or whatever, you’re still able to put money into your investment with little to no worries.

This is one gigantic step you took towards a better financial future my friend. Which is more than what most people could do for themselves, I give you props to that. And this doesnmt just go for bitcoin btw, you can do this with basically any other type of investment you have.

$100 a month is better than nothing. So you won't miss out on anything if you do your best. Most people are not even able to invest $100, so don't even bother and just do it if you want.

as long as that 100$  a month will not affect your daily living then better to invest in bitcoin than being spent in not so important matter.
because it is rarely to see a student that planning or acting just to invest in Bitcoin while even their parents does not understand nor trust this currency yet ? youngsters are into it.
100  dollars a month for 2 years meaning 2400 dollars , if you will take the advantage to buy starting January to June net year then I can feel your luck to sell and buy again once the bull run ends.

Why not also consider buying cheaper coin? I mean buy 100$ per month of Bitcoin for the next 5 months  then after than another couple of hundreds to diversify in cheap but strong currencies?
with this you will maximize the chance of earning and yes you may gain more than just waiting for Bitcoin when Bull happens ?
That is certain , better to invest 100 than nothing at all because there are so many people trying to ask when is the right time to invest yet? never put a single amount inside crypto.
so OP is doing better that them.

If such gradual investments are made continuously, it will grow financial distress to a student. all it takes is patience and consistency. because we know how young people get along. there are many wants and needs that people want to have because of the developing environment. This is one of the challenging factors for young people in investing.
but for those who understand Bitcoin, instead of saving money in the bank, the suggestion to save it in Bitcoin gradually is one of the best options for future planning.

What you are doing in student life is the highest and I support and appreciate your work. You get $100 from your father every month for hand expenses but surprisingly you invest $100 out of $100 in Bitcoins every month. At an age when students think about how they will be very fashionable and spend extra money, you are thinking about your future right from your student life. Seeing as you're investing all the money you get in hand spending in Bitcoin, it seems to me that when you earn, you'll spend as little money as possible and invest the rest in Bitcoin. This much confidence in investing and willingness to invest will put you in a much better position in the future.

If you can hold Bitcoin for $100 a month, it will be transformed into a larger investment within 1-2 years. I would say that if you can do it regularly then it will be a healthy assets. But my point is that if you work for Bitcoin Holding by the money earned from your income, it would have been better. However, you have taken the investment of the father without wasting the money given by the father, which is definitely a good decision as you have no another income. You are depositing $ 100 and you are using your father's credit card again for your monthly expense, but rather say that if you spend $20 a month and hold $80 that will be good. Because your father's earned money is not yours. Moreover, it is not right to use that money without his permission.

Would $100 a month be enough for what? Nobody here can answer what is enough for you. Obvious you think it's enough otherwise you would do something to increase it. Everyone here is creating their own success and I promise most people here don't even have Bitcoin worth $100 they just talk so you already had a good start with $100 on monthly basis, but if you are a student you have an active brain and you should not settle down and be happy with just $100 each month, increase it with trading, your young so it will be easy for you to understand how trading works. Keep farming brodie. :D

Do you have a dream with a definite value and time? There are many ATH predictions, but they're not guaranteed to be accurate. So you don't have to rely entirely on Bitcoin to solve your problems or end up being disappointed.
After all, if you use up all your allowances, how will you survive? Do you live with your parents?

I am interested to know if you did not also see people who buys lesser than your stipulated $100.
No one goes beyond its limits even though our best is not reliable enough yet.
At OP, I don't you are a newbie here in the forum but I don't know how long you have been in the crytop World maybe that would option me on a particular advise to you but however, considering on a general overview, it is encouraging we don't settle for less but yet, be contented to the State of being.
In the space of Bitcoin, trading investors who are not emotionally fit to accepting biased results when the markets values goes contrarily to the will of making profits, the investor is expected to only Invest with a minimum wages that can be tolerated so as to withstand the resultants of the depressive episodes in the system of Bitcoins deflations and yeah, even when you think you have more than enough, you can only and always afford to Invest with the same minimum wage you can afford.

I can tell you that OP, you are on a better stance to accumulating Bitcoin on the monthly basis at the sum of $100 uninterruptedly.
You have to devote to self courage that Bitcoin potentials to earn profits os not limited to investors of $100 per monthly purchase of incomes so also those you feels that buys more of Bitcoins than you are not one of the highest Bitcoin investors.
Just be contented and maintain your monthly basis of accumulating your Bitcoin probably don't get stressed out to the thoughts that "you must reach a certain volume of your Bitcoin accumulations before the ETF bull run approval.
There is always measures to taking advantage in the Bitcoin race and your drafted intense of Bitcoin accumulations is not exempted.
So you don't have to feel discouraged or disvalueing the level rates of your Bitcoins portfolios.
The bull-runs can always be withnessed only by the patient investors who could hodl with their coins in a long or certain periods of time.

Not bad ideas purchasing $100 to buy bitcoin every month, regarding with your financial condition depend your father I think you brave for saving money with investing in bitcoin. Better you can find side job in online when have space time before going to the college how to increase amount for purchasing above $200 to $500 every month to buy bitcoin. For beginner or new comer in bitcoin investment I think huge amount with $100 every month but if you can get side job all your salary can use for investing in bitcoin.

I think small or bigger amount for investing in bitcoin is not much problem but some one keep consistency every month keep purchasing to buy bitcoin is very good ideas, imagine with $100 investing in bitcoin every month you will invest $1200 each year and five years later your investing raise to $6000.

Well, mate the strategy i.e. investing $100 per month is quite good and as a beginner is more awesome for you. Every person has their plan of investing like some people investing more than $100 per month in Bitcoin but these persons are not newbies they are the professionals who they handle this investment. The expert of crypto industry says that invest only the money that you can afford to lose. According to you your father support your basic need then I think you can invest the whole $100 but if your expenses is too high then reduce your investment or your needs but one thing to follow that do it consistently every month so when the bull run comes you will have a huge investment.

I'm not sure if student is easier to get stressed that old one? because students mostly love to explore and love risks so actually What I do believe is that it will gradually add interest to them having this investment as a challenge .
and like what you said , than investing or depositing in banks why not these young generation create their crypto wallet and start investing in bitcoin?

Sure, this is called DCA investing and what most people do. Long term is the way. You shouldn’t try to time or trade bitcoin. Time in the market beats timing it and if you hold long enough you will never be at a loss, only profits.

Even 50 USD a month for last 9 years would be $5,400 invested by now.

You shouldn't compare yourself to others, focus on yourself. Buying $100 worth of bitcoin a month is better than not buying a single penny of it. You are too worried because you feel it is small, but you don't think that there is a person who is buying Bitcoin for only $10 per month, as that is all he can afford. You are still not late, buddy. You are still on time for the ride. Just think in a positive way and not negatively. Just imagine that you have a chance to invest bitcoin, but others do not as they do not have money.

Yes you can, and I guarantee you that time will come that your faith in Bitcoin will pay off soon. It's a huge sacrifices to invest all your allowance in Bitcoin because it's not common thing to people to do this kind of stuff, usually they put only a small sum of their money in Bitcoin. Even though Bitcoin is a good investment, knowledge is a must so don't just invest but also invest in knowledge. It would be better if you know how to analyze the market because it maximizes your profit potential like invest only in a key levels where the price will retrace.

Holding bitcoins will not make you rich, sorry, it's a digital currency aimed at decentralization and freedom not getting rich. In order to get rich you must create value in the physical world. Good luck !

The students who started to trade into the bitcoin won’t have the full hundred dollar to inverse in the bitcoin for every month.Because as we know many of the students working in part time to manage their college fees.If you consider the student,this task is not the easy one for them,this option may suit to the working people.The students only get the pocket money from their father,So how he will use this option to save 100$ in bitcoin of every month.It will be the day dream for the students,this was the reason for many students get into the forum at the earliest time.By saving hundred dollars in bitcoin by the salary person,it will be the emergency money for them in some of his emergency time in real life.

OP, if you are comfortable with that amount then go ahead and do what you want to do. If you ask me, it's all up to you to decide in how much you are going to spend per month either you do 100/month, 50/month, 150/month or 200/month. Just make sure you still have some money left to spend on your needs or something like that or for emergencies.

True, the amount on how much we can invest is different and I know you know what I mean since we are not using one single fiat currency to begin with. For some people, $100 a month is almost the same amount as their salary in their own fiat currency for two weeks. To be honest, that amount of money can provide me food for a week or more (well, it's because of price getting higher unlike before where the goods sold in my country is cheaper than this time).

If you are able to do this being a student or something that you are still studying then it wont really be that a bad thing for you to have that $100 purchase on every month and this is something more better
rather than on having no action or step that had been made comparing into those people who didnt invest but of course you should really be that wary on the risks involved when dealing up with Bitcoin or crypto as a whole.
Dont expect for something positive because everything could happen on this space on which it would be neither a profitable or non profitable kind of investment but since we are talking about Bitcoin
then i cant really blame out on why people would be having that confidence and trust.

There's no such thing about being enough or not, as long you are investing on the money or fund on which you can afford to lose then it would really be just that fine.
Dont try out to compare yourself with others because when it comes to financial capacity then it would really be not just the same. So its better not to reflect yourself
into others actions and financial conditions. You would really just stressing out yourself.

While I see it as a good amount to DCA monthly, but in your case I don't think you need to spend into bitcoin the whole of it knowing you are still preparing yourself to go into college which means saving would be the best option. You can invest later on even with a higher amount as long as you obtain already your stable job. That's from my personal view.

However, if you really insist with that amount, then that's still fine as long as you can afford it losing. Otherwise, you will be left with regrets wishing you hadn't  invest all the money as you might be needing them in your studies.

Having a good job that pays well, well that amount is already good enough. But for someone who don't have a fixed job yet, but just rely from his father's allowance, I guess that is quite too much for investment. You can only invest but only on the amount you can afford to lose, but if you cross that line, your investment might only go into waste and even lose your capital in the end.

My advice is, invest just 5-10% of your allowance since you are still starting to invest. Do not worry if you can't maximize your profits with this upcoming bull run, you are still a student so you have to focus more on your studies first as that would be your biggest investment in your life.

Investing is a good idea but putting all our money into it is not a wise decision either. Spending 50% seems to be ideal (just for me) and the other 50% is considered as savings. OP shouldn't have to sacrifice everything just to have this kind of investment, he should also think about other things that will need money as he can't just be fully reliant on his father. Another thing is that we should not hurry and think of missing the chance, it is a big mistake and this may lead to not getting into the plan and end up losing.

It all depends on your beliefs, if $100 is enough for other needs such as emergency fund reserves that can be used at any time, of course $100 could be the right choice to invest in Bitcoin.  The most important thing is not to force your willingness to invest in Bitcoin if you have other, more important needs

It would be much better if you continued to consistently not reduce the amount of money you put in to invest in Bitcoin every month for the next two years and could calculate the total amount of money before making a sale later.

Yes, the amount is small for some people who don't have a fixed job. The main point is not how small the investment was but how consistent the people will be with the investment decision every month until the goal is achieved because a drop of water can make an ocean.

Only invest what you can afford, don't think about other people's investment.
There are some who might even have a hard time investing the amount that you could invest.
For me this is not a competition, we are investing for our future to have an easier life, the amount that others could invest doesn't need to bother you since we all have different lifestyle, and as you've mention you're a student while other's are already an employee.
There are also other investors who have a family so they couldn't invest much since they need to put food on their table, so be contented with how much you could invest, no matter how small it is it is still an investment.

It's great to see that you're thinking about your future and taking the initiative to invest in something that has the potential to provide long-term financial security. You take $100 a month from your dad for hand expenses but you've resisted the temptation to spend it yourself, demonstrating a level of financial responsibility that will serve you well in the future. I do not underestimate any investment you can start with any amount. This is a substantial amount at the initial stage of student life. I fully support your efforts to secure a successful future for you.

This depends on you, not the amount. If you live in a poor nation, that doesn't mean you are poor, you could be in the poorest Somali like nation but if you are rich who spends a thousand dollars a day, then this won't be enough investment for you, or you could be in UK and live in London but you are getting welfare so that means 100 dollars is a lot for you.

This isn't even where you live, it's how much you are spending per month that decides it. If you are spending anything like 5-15% levels for 100 dollars, then it's fine. Meaning if your salary is high enough that 100 would be somewhere in the 5-15% range of your monthly salary, then I would say that's good, if it's more percentage than that then invest less, if it's less then you earn enough so invest more.

You’re obviously very young so have plenty of time. $100 a month isn’t going to make you rich any time soon but as part of a diversified portfolio, $100 a month for your working life will make you much wealthier than most of your peers.

$100 a month will set you up really nicely as a retirement pot. Bitcoin will likely outperform traditional stocks and bank savings accounts for the significant future.

That was much more than enough as it was impossible to force large purchases if one did not have a lot of money. Especially if you are still a student who needs a lot of money to complete your studies in the final semester and of course the money needed is quite large. You are one of the lucky people because even if you don't have a steady income you can still buy bitcoin for $100 compared to some people your age who are familiar with bitcoin but don't have the financial resources to buy it.

Maintain what you are doing because if you intend to reach the stage of financial freedom then you need consistency to continue to be in this position. Buying in any quantity is no problem because the most important thing is that you can be responsible for the decisions you make. Using your parents' credit card for daily needs will be a burden and you cannot depend on your parents' money all the time, so deciding to get involved in bitcoin will be much better if done the right way.

The point is that you will get your reward in Bull Session in proportion to the amount of Bitcoins you collect. If you say you will invest $100 per month, you can accumulate $1,200 of Bitcoin in 12 months. If you collect bitcoins like this for two years, you will collect $2400 worth of bitcoins. If Bitcoin reaches $100000 in the next bull run, you can make approximate 1x more profit than the current situation. That means you will get 1 times more of your investment. But if you hold it for a long period of time, your bitcoins can definitely turn into a large asset. Because in the long run 1 million bitcoins is not impossible.

Let me first thank you for the chat. I would also like to congratulate you on being a part of the Bitcoin community.

Each person who invests in any financial asset has their own methodology or investment strategy. In your case, it's called DCA (Dollar-Cost Averaging), a basic strategy where you monthly invest a certain amount you are willing to put into the Bitcoin market.

Note that you are not late; at the moment, the crypto market is small, with approximately 500 million people in the crypto space. According to Statista, by 2027, a new wave of 500 million people will enter the crypto space.

We know different, more advanced DCAs backed with technical analysis, but this takes time to understand and implement into your methodology.

It's important to note that all those price predictions are not 100% correct, and many of them were actually incorrect, as evident from the current price of Bitcoin compared to their predictions. Nonetheless, people's mentality is constant growth in knowledge, price, and the number of products they are focusing on. So, it's reasonable to anticipate that the future price of Bitcoin will go up. Any investment made today is positioning yourself in the market at a certain price. If you already bought and keep buying Bitcoin, it means you are in the market, and you haven't missed anything.

If you expect to make millions from your investment, I'm sorry, but this kind of thinking is not in place. What matters most is to invest an amount you are willing to psychologically accept if it is lost. The value received is not measured by wealth but by percentages of the income of the investment.

Another question you need to ask yourself is, if you can or will become a millionaire or whatever from Bitcoin profits, what will you do with your money? Would you sell Bitcoin to cash out and invest in something else, like real estate or other financial assets? The real question you need to ask yourself is why are you buying Bitcoin and why do you want to sell it?

My personal opinion is that I will never sell my Bitcoins no matter what because the background is too interesting for me (retail) and for many people who are whales. I will buy Bitcoin even if the price reaches $120k. Of course, we are in the middle of major Bitcoin events, so first, we will see how this will develop, but it won't stop me from buying Bitcoin.

Is he aware of you using his credit card for such expenses? Isn't the $100 allowance meant for such purpose? If you're stealing from your own father, then you got much more serious things to worry about than BTC investment.


"I feel", "I'm worried" - these are emotions, and you should minimise them as far as possible. Making emotional decisions almost always leads to losses.
If the $100/month is all you can afford, then why would you even care if other people invest more or less? What difference does it make to you?

That being said, if you're aiming for a shorter term investment, i.e. buy now and sell at the top of next bull run, then you have to figure out which indicators to use to know when to stop buying and start selling.
And you're unlikely to make any life-changing profits. The times of BTC doing x1,000 or x100 are long gone. The price is unlikely to go up more than x3 or x4. So be realistic in your expectations.

Enough for what? To become a billionaire? Hardly. But you can still earn a neat amount of money if you'll hodl for long enough. Of course, you can afford to invest (much) bigger amount if you'll find a part time job. Just some basic side hustle, perhaps something you can do online.

It's not about being enough, rather it's about being what you have disponible to invest at the currently moment. You are doing what you can to not miss the bull run and your effort is valid. While your colleagues are spending their allowances with drinks, parties, girls, clothes and accessories, you are thinking about your financial future, and that is really honorable.

Feel proud about what you are doing and don't compare yourself to other investors: keep in mind each investor is unique and has an unique reality. The important is to do the best you can with the tools you have under your disposal. There will be always people below and above you in every senses, those are their personal paths, which shouldn't be measured by others for comparison reasons.

Not every students have a mindset focused in investments and long term goals, congratulations! I hope you succeed!

The amount invested in bitcoin always depend on the amount you have as income and the one you can set aside to invest in bitcoin. If you can afford $100 per month using DCA, you have made the right decision and you’ll see that in no time your savings have grown to $1K with this consistency.

Don’t feel pressured about what other people are investing in bitcoin, some have enough income than you while some must have taken a wrong step in buying those bitcoin to keep, either by loaned money or investing and making themself inconvenient living a normal life like others.

Buying bitcoin with $100 monthly is already a good amount for a student like you. You don't have to invest bigger than what you can afford to lose, as you are still dependent to your father and is still not making a stable amount of income. Invest on your own risk.

But I also have this question in mind if you are going to invest all your allowance, then where will you get the money that will be used for unexpected expenses? You have to reserve funds like for your emergency funds so that you will have something to spend in times of emergency cases. Investing is good, but always prioritize saving for emergency funds and just only decide to invest when you have spare money available.

In my country, $100 per month is already if it's going to be allotted to an investment. Like it's a budget of a single to two person per month for food and other trivial things and that's why it's enough for me if I'll allot that much in the process of DCA.

You'll be much worried if you'll keep waiting for the approval of other people before you invest. And that's why buy now and start your DCA process before the halving or even after the halving. There's more to come to Bitcoin and about ETFs? They'll naturally and likely going to get a higher success rate of approval so, just do your thing and buy.

If the trend of the Bitcoin cycle continues, $100  a month for Bitcoin investment will be enough to make a very good profit in the future.  If @OP is willing to be consistent for 3-4 Bitcoin cycles (4 year bitcoin cycles), I think @OP will be getting a huge profit from this investment.

@OP is still young so there is many years ahead of him and if he can consistently execute his plan monthly for 12 years...  I can't imagine how much this guy will be gaining assuming that Bitcoin 4 year cycle never failed.  So I highly agree with what LFC_Bitcoin stated.

That is what I was thinking as well, investing all the money that you receive each month is not possible, even those that have a job and do not have many expenses still need to reserve some of that money to cover their daily necessities and any unexpected expenses that may appear, so a more sensible amount will be to invest 50 dollars per month, which is only half of what the OP was planning, but this is an amount that could actually be sustained over a long period of time.

My advice as someone older than you, don't force your will to invest in Bitcoin. Your father gives you $100 of allowance so you can use it for your needs, not for investment. You already get an allowance, but you still use your father's credit card for your expenses just to invest in Bitcoin, I'm sure your parents' reaction will not be good. So instead of that being a problem, it's better for you to focus on your studies and not think too much about investing in Bitcoin.

I agree with this advice because the OP may be making the wrong moves to invest. We have all had times when we wanted to invest but couldn't. To change this situation, it would make more sense to start investing after we have a regular income and have met the needs of ourselves and our family.

Bitcoin always offers an investment opportunity, I think it's never too late for Bitcoin, and the crypto market will never stop moving. Investment should be made with the right moves under the right conditions and should not be rushed.

I always say just invest what you can, don't overextend yourself. It all adds up in time! You're ahead of the curve IMHO already at your age with BTC, OP.

Everyone gets the same opportunities with bitcoin, but if you invest in bitcoin consistently regardless of the amount, you will definitely have an edge over other investors. But let's not think about it because there's no competition with bitcoin profits. However, being a student investor, I feel like you need to prioritize your studies first before you decide to take the risk investing your allowance. There is no guaranteed profits with bitcoin, so you have to be aware on that before you expect quick and massive profits from Bitcoin.

But if you insist investing, then buying monthly with $100 is better than not investing at all. But always bear in mind that you have to hold it for long term before you see yourself enjoying your profits in the future.

It's not a bad idea, but make sure you take care of yourself when investing, don't invest everything you are having, always invest any amount you know you can afford to lose, and make sure you are always having backups and always have extra money that will always serve as emergency money. In case there is any unforeseen circumstance for which you will need money, you won't be selling your bitcoin for that.

If you want to listen to what is being said by people on the internet, then you will always feel bad. When investing, always invest what you can afford to lose, don't invest what's going to affect you after investing. Don't be surprised that most of the people you think are investing on social media are not holding any bitcoin. Most of those videos you see when they claim they are accumulating a huge amount of bitcoin or they have accumulated a huge amount of bitcoin are fake. So you should be proud of yourself even with the little amount you think you are able to accumulate monthly, and I don't think investing $100 monthly is kind of small or that's why you should be ashamed of yourself. No amount of bitcoin you are holding is too small, just make sure you are holding bitcoin.

All fingers are not equal, and you don't expect all of us to have equal bitcoin. Definitely, there will be some people who will be financially okay to accumulate more bitcoin, and some won't be able to accumulate much bitcoin due to their financial challenges, so just focus on yourself and ignore other people. What you should care about is your own investment and not others.

It's commendable that you're investing in Bitcoin with your allowance! Remember, financial journeys vary, and starting with what you can afford is key. Consistency matters more than the amount. Even small investments can accumulate over time. The crypto market has its ups and downs; focus on the long term. Set realistic goals and don't compare your journey to others. If $100 a month is what you can comfortably invest, that's a solid start. Stay informed, adapt your strategy as needed, and most importantly, prioritize your education. The crypto space will continue evolving, offering opportunities. 🚀📚

I agree with this, although bitcoin is a potential investment, it is not the only path to help us succeed. And between learning and investing in bitcoin, I think learning is more important and needs more attention because if we study hard and gain good knowledge, we will have the opportunity to have high income and also have a successful life even more than investing in bitcoin. I have the feeling that many people are so obsessed with bitcoin and get-rich-quick stories from bitcoin that they forget what their mission is. Studying is very important for young people and students, or family needs are much more important than investing in bitcoin, but many people forget this.

Starting to invest is not something that everyone can do, because it requires preparation to be able to invest consistently and by starting with an amount that we can afford, we will indeed be able to enjoy the results we invest and this will be much better than if we force ourselves. to be able to make an investment and we cannot meet the needs we need, this is really a very bad thing for us and also we will not be able to get a profit because when we are investing in progress and experiencing emergency needs of course we will take the investment and also There is a possibility that we will experience losses in the investments we make, so it would be better for us to invest according to what we have and never force ourselves to invest.

If you had good income then it is good for you to invest 100$ everymonth not only in bitcoin there's alternative way on how you can invest your money altcoin is the best too, theres a lot this one thing for your don't put all your money in one basket think outside the box and you will be good as long as you can hold it tho then your fine :) , coz everybody knows that cryptocurrency is the future so why not we can invest ahead of time.

The point is to invest in as much bitcoin as you can afford and be ready in case of loss. because investing in bitcoin certainly has risks. So don't force yourself to buy as many Bitcoins as possible but are afraid of losing.

If you can only afford $100, stick to a strategy that you believe in by buying every month. If we talk about enough or not enough, of course buying Bitcoin doesn't feel like enough, because the more you buy, the better it will be when there is a bullish situation. This is the advantage of dca, even though we don't have a lot of money to buy bitcoin, we can buy bitcoin gradually and as much as we can so that when we accumulate a lot of bitcoin.

I personally may not determine how much I should buy bitcoin each month. But every month buying $100Usd in bitcoin I think is a pretty good thing. And I think that's a pretty big number even for some people. Because in essence we only have to buy the amount that suits our abilities. And never force yourself. Because holding bitcoin for the long term certainly requires using money that we will not use in the near future. So that we can remain calm when holding bitcoin as long as possible. Although I also saw a few months ago there was a user here who was even determined to buy bitcoin from the money he got from borrowing from the bank. But fortunately, if he really does so, he should now be able to pay off his loan to the bank by selling some of the bitcoins he owns and keeping the rest for the long term. Because at that time he probably bought it when the price of bitcoin was 20k. I don't remember for sure. But I think even in the end the person benefits. But I hope other people don't do something so risky like taking out a loan from a bank. Because it's too risky. It's better to just accumulate as much as we can. If we are only able to accumulate $100usd per month then I think that is the best. As long as the money really won't be used in the near future.

Be consistent with your buying which is all that matters. What you have determines what you can invest as fingers are not equal.

Your Bitcoin purchase strategy is smart personal finance. Matching investments to financial capabilities and risk tolerance is key. Disciplined investing in $100 of Bitcoin monthly is admirable. We forget that investment is about small, regular steps, not spectacular gestures. Like DCA, your strategy lowers volatility. This is wise, especially in the unpredictable world of cryptocurrencies.

Your warning regarding the user borrowing from the bank to invest is crucial. Their joyful ending is rare. Bitcoin is volatile, so borrowing to invest can backfire. Your emphasis on investing disposable income is spot-on. Finding that balance between investing enough to make a difference and without disrupting your finances is key.

I think this is enough for someone who is not that rich, to begin with, because this is a huge chunk of his salary anyway. People are investing depending on their source of income, they just want to make everything smoothly. Others are just risk takers, they know that there is a tendency that they won't gonna get their capital back sooner than they expected but they decide to take it the hard way by selling expensive properties or they even take loans just for investing in bitcoins. well, this is too risky and not recommended.

I believe the more important thing is to be consistent about buying bitcoin monthly. DCA is very important to acumulate more btc, no matter the amount of money you will spend on your savings.

why not sure for specification of time in holding? since you said that there is a 100 dollars allowance and you are readying for college?
should put the specific months at least if its for 2 years and indeed that 100 dollars a month is already a great investment for college , and if you have that funds so make sure to be invested regularly and will not pass.

That is totally fine there is no minimum to buy bitcoin even some Bitcoin exchanges and App out there put an ad that says "buy bitcoin from a dollar" so that is totally fine if you buy 100 or even 1$.

and yep the halving is coming keep stacking em boyssss. Me personally buy bitcoin or altcoin when there is money left example if there is 20$ or even 5$ Im just gonna buy it right away.

Considering that it's about 1.2k USD for a year, I think that it's enough especially if this is going to continue when the bearish season happens, bitcoin will definitely enter that season after about months of climbing up in prices so I say that you're doing just fine. I feel like you're overthinking things and it seems to me that you can afford to not worry about it since it comes from your father anyways. You're better off finding other ways to make money to supplement or increase the amount of bitcoin that you're going to put monthly in your wallet.

If the $100 allowance you get each month is not used for other needs, you can invest consistently as long as you get the allowance. As long as you still have emergency funds for personal needs or unexpected needs during your studies, you can invest safely without having to touch them at any time.

Before going any further in investing, in-depth consideration is needed, such as sources of emergency funds for unexpected needs. Currently you can still use your father's credit card for daily needs, so what if your father's credit card is empty or he is unable to facilitate you with his credit card?

Maybe you can invest varying amounts each month, such as buying $100 in the first month and $50 or $60 in the second month, and so on. The remaining money can be used as reserve money so as not to disrupt your investment when you suddenly need money.

I think there is no specific amount required to invest in Bitcoin because you can invest any amount you want to invest in Bitcoin.
You get an allowance of $100 per month from your father and you are investing it directly in Bitcoin instead of spending it on other things.If you invest $100 per month you will have $1200 worth of bitcoins at the end of the year I think that is enough.
This way you accumulate bitcoins and hold them for a long time.Try to keep your invested bitcoins safe and secure.

You don't need to compare what you do with what other people do because investments should be made according to each individual's abilities, not to look superior and so on, you don't need to be afraid of missing out on the bullish period later, if you see that the Bitcoin price is too high and want to sell it, then do it and start a new investment when Bitcoin has entered a bearish period, because if you are afraid of missing the train and force yourself then you might get stressed when something unexpected happens.

Yeah, not everyone can afford to invest with $100 because of how life is hard today and as someone who doesn't have decent income yet, it's a fortunate situation for him.

This is true. It doesn't matter whether it is $100 or lesser but what you do is what must be credited about it. The consistency that you'll do for y yourself is going to be your winning factor on this market.

Only if it's on bitcoin and some other altcoins that are also consistent as well.

His parents used to take it badly when he was spending his money on bad things. Investing in pocket money means Bitcoin is not a bad thing at all. OP is investing in bitcoins without spending his pocket money must have his motive behind it. Since OP does not earn any money yet and since his father does, it is natural to take money from his father and spend it. If my child took my money and invested in bitcoins I would give him more money and increase his pocket money. Dissuade children only when they are going in the wrong direction but when they are trying to plan for the future, encourage them and help them if you can, you will see that they are much more motivated. Parents are the biggest inspiration for children and if parents support children in any task then children can complete that task very well.

Investing bitcoin $100 every month I think not bad ideas and enough depend on our financial condition, personally not all people or holder in bitcoin have much money and invested $100 every month keep worth it depend on consistency want to accumulate with the same amount every month. Depend on consistency accumulate $100 every month, OP can hold around $1200 worth of bitcoin every years and with possibility bitcoin price increasing up above 10% to 20% possibility with profitable around $240. Its not matter with how small amount of your investing in bitcoin but how to keep consistency invest without get fraud exactly when bitcoin going down. Take your decision keep holding and accumulating $100 every month for bitcoin and your target holding until how many years later? three to six years or more than it?

Sometimes very simple obstacles like that cannot be overcome by a small number of people when it comes to investing. Even though the first point is also very clear, if carrying out any work there must be an overall level of consistency so that the work can be maximized. Because without consistency when buying or whatever, there won't be any bigger profits that can be expected, especially if current market trends still change very often from day to day.

It would be better to make a specific determination with monthly cash income when wanting to buy Bitcoin on DCA in a matter of months. Because it will also teach us to continue to be consistent when doing something and in this case it is when buying, so just make a provision by setting aside some of the money you get every month to buy Bitcoin. And do this regularly every month to be able to collect Bitcoins more quickly with the money we have.

whether this is enough or not depends on you, if currently your investment capability is only 100 usd per month, that is more than enough. it's just how you can manage your finances so that you can invest consistently without it interfering with your life and studies. and you need to understand that investing in bitcoin is risky, don't invest money that you are afraid of losing.

i'm sure that if you can manage your investments and your college life, you can get good profits in the future.

I agree with what you said about consistency. There are many different times in the market and consistency is very important in these times. If it is affected by some situations, it becomes difficult to be consistent and the targeted large profits cannot be achieved.

The DCA method has always been profitable in the long run. When you set aside a certain amount of money and invest it, you will both make a regular investment and gain this habit.

Just imagine what is the value of bitcoin today even if you bought just for $1 in 2011 that means as long as your are buying depends on your capability its okay and never compare yourselves with others because they will be different in their financial status and good thing is you are starting early that gives you an edge over the guys in 30s but keep investing in long term.

Unpopular opinion, but when investing relatively small amounts, you're probably much better off keeping your funds on centralised exchange, depositing fiat money and buying there.
Lots of people would advise you to keep them in a non-custodial wallet (not your keys, not your coins), which is generally good advice. But considering how high fees can get at times (i.e. during increased market activity), that could prevent you from losing big chunk of your money on tx fee.
I just made a transaction and the quoted "normal" fee was >50 USD. Even though things are not so bad all the time, it's definitely something to consider.

If you have an investment before the bull run then you didn't really missed it.
If you want to invest more than your allowance do some part time jobs to increase your monthly investment.
But consistent monthly investment is better than just watching the price rise up cause you taught that you are missing the opportunity due to your low investment.

Yes recently I have considered that because the fees are now unreasonable seeing that the mempool has touched 524 sat/vB at this time, can imagine for those of us who invest relatively small and then withdraw it then this is not worth it, now I have considered that and hold first on the centralized exchange until the fee conditions return to normal.

It's a good suggestion to store assets in a non-custodial wallet but at least we are now storing more assets there, it's just that now in an emergency given the situation that the mempool continues to rise, it's better that the option should be considered, and believe that the exchange will not experience problems in the near future.

Yes, the invested amount is not what is important but the consistency of the OP in repeating the $100 investment in Bitcoin every month.

Exactly, moving small amounts to/from non-custodial wallets with fees that high is just a good way of crippling your holdings. Some central exchanges are regulated and insured and also there are other popular financial apps that allow purchasing BTC (e.g. Revolut), which are considered relatively safe - so if I was someone who is only into crypto for the hope of short-to-mid-term financial gain, I wouldn't bother with own wallets at all.

And, if the reason for insanely high fees is ordinals, then it's not guaranteed that the problem will get resolved anytime soon. This is really not a good time to promote any actual usage of Bitcoin...

It would be great if you were able to invest $100 every month into Bitcoin, with the DCA method you won't lose, your profits will be accumulated continuously, now all the decisions are in your hands, investing in bitcoin regularly is really a wise thing to do, especially if you have a target for the next 2 years, surely in the next 2 years the value of your investment of around $100 per month will increase drastically due to the unpredictable volatility of the bitcoin price. has ever been detrimental.

Investing 100 USD per month in Bitcoins as a student is totally fine and you shouldn't be giving yourself a hard time about it. Since you don't have any income yourself and fully rely on your parents to take care of you, it's already a lot to set aside 100 USD for investing. I assume that is the money you could be spending going out with friends during the weekend or go watch a movie, have a nice dinner, etc. So, cutting back on your personal expenses to start building a crypto portfolio is fine and should lead to some decent long term profit. Don't worry so much about missing out on the next bull run, because there will also be the next bear market around the corner which will send prices down again. Crypto markets always tend to move in cycles and you will find another good time to invest in. Focus on your studies and then you can buy much more cryptos once you graduate and have a well-paying job. Another thing could be to find a student job that gives you additional income without impacting your studies. That additional capital you could be using to buy more Bitcoins per month.

You can buy bitcoin anytime you like but the most important thing is that hope you are not buying bitcoin to follow up the trend but you are buying bitcoin based on what you can afford.  Investing in Bitcoin is not about because you have the money in your hands to buy, but you need to consider this when buying.  Buy according to the amount you can afford.  Don't use all your money to invest in bitcoin and you stay stranded for money .

Edge indeed, did you even know the age of the guy while you were suggesting the edge over the guys in their 30s? Well, some of you guys' advice is so laughable and it could only amount to blind investment, which is what is causing people to think that cryptocurrency is a scam or Ponzi scheme. Fine, it's good to partake in the blessing of Bitcoin but it must not be done blindly, or else the person will regret it. If Someone could be committing his $100 to Bitcoin periodically, it's good, but this must only be when the market is in its bullish season just like what we experience now.

Other than that, the person should not just buy at all, it's better to wait and buy at lows again, especially when the monthly chart is bullish, which is encouraging enough and shows you are not just gambling with your money. As for the edge, I wonder what those who bought Bitcoin at $67,000 would be saying by now, has it helped them to gain the supposed edge? Or do you know what the future still holds in the long run of it? We should be reasonable in our investment and be speculative enough rather than being random and keep saying general things that others say that will never be productive. With the little I know about Bitcoin now, it has a more bearish season than a bullish season, which calls for more caution.

Buying bitcoin worth $100 per month depends on one means of income. To some people its just like a peamut money.  You don't sound like you don't have money because the amount you are talking about to invest per month it's ok because in DCA strategy you might be accumulating as little as $10 per week and $40 per month. but with your $100 you can be buying $25 per week but if that is your salary you have to cut the expenses down to $5 or $10 per week in other not to sell your coin for family consuption

Even though he relies on his parents, it's smart to save $100 a month. A good mix between enjoying the present and making money in the future. It's mature to put investments ahead of meals and trips. Diversifying your investments is important, though. Back Bitcoin, but don't forget about other crypto and non-crypto choices as well.

But caution is very important. The crypto market is unstable, so you can make money or lose money. Long-term wins should be more important  than market swings. Your plan should last a long time and stay the same even if markets change.

When invest, think about jobs and schooling. As you said, getting a part-time job could help him make more investments. Never at the cost of your schoolwork. In terms of job and money, education is an investment that pays off.

That's right, many people recommend with enthusiasm to invest in crypto, especially BTC. Yes. I think this is good advice for the OP or those who want to invest based on fairness. For installments, as many people recommend, using DCA is fine, but what is certain is that large capital determines significant returns, especially if held for a long time and disciplined.