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Author Topic: Set a Bitcoin purchase reminder.  (Read 411 times)
JoyMarsha
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June 10, 2025, 02:56:22 PM
 #41

The reason why some people are not consistent in their accumulation is because they sometimes forget to accumulate because of many issues going on in their life so setting a reminder is very important as an investor.
It is unfortunate that we are having people who are discontinuing with their plans of investing in Bitcoin weekly or monthly due to life issues they can't take charge of, financially.

However, someone who goal is to be investing in Bitcoin as they have spare money, would find means to invest in Bitcoin, despite the life issue they face. None of us who doesn't have life issue facing them every moment of our life. But we try our best to set that aside to find a way we will be investing in Bitcoin as we have planned it already. If it is weekly or monthly, we stick to it without changing plans
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June 10, 2025, 03:38:38 PM
 #42

Sometimes because of too many activities or things to use money for we forget we need to accumulate Bitcoin for that week or month.
The reason why I'm bringing this up is because it has happened to me many times and I believe it has happened to some set of people too in this forum especially those who are using the DCA strategy to accumulate weekly or monthly.
For me how I was able to overcome it and remain consistent in my accumulation is setting a Google reminder so as soon as I receive my salary I get reminded that I need to buy Bitcoin, this has been so helpful to me in my Bitcoin accumulation journey.
The reason why some people are not consistent in their accumulation is because they sometimes forget to accumulate because of many issues going on in their life so setting a reminder is very important as an investor.

If this can't be effective enough for you then you can use automated transfer so that as soon as you receive your salary some percentage of it will be sent to your wallet exchange directly however this is only possible in countries that support it.


In the hustle and bustle of our lives, we can forget about some things (low priority), but if you have the right interest in bitcoin and investments, it is impossible to forget about buying btc. Smiley Those who are interested constantly "keep their finger on the pulse" and simply can't lose sight of this.

In order not to forget due to emerging problems, you just need to immediately put aside part of your salary to buy bitcoin. The same as, for example, to pay rent, or a monthly budget for food. By including btc in the current monthly expense item, you will be sure that this amount will be used to buy btc.

Automation of purchase can play a cruel joke on you. For example, having automatically spent part of your salary on bitcoin, it may turn out that you urgently need money. And what then? Exchange btc back to traditional money, having spent it on the 2nd conversion? Because of this, you lose your financial flexibility and it is better to do everything manually.

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john_egbert
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June 10, 2025, 03:50:36 PM
 #43

Due to the harsh economy that is hitting a lot of people it can be quite easy to forget about setting aside money to buy Bitcoin for DCA method because a lot of bills can overwhelm the person and they might have spent the money on something urgent, so they rely on reminders. Some won't actually forget that they need to buy Bitcoin when they collect their salary but they still need an external reminder like an alarm to motivate them to set aside the money to buy Bitcoin, if they don't something else will take the money. Normally you don't need any sort of reminder to do what is very important and a priority to you but if for any reason that you cannot remember or meet up, it is better to put a timer to remind yourself if it will help

That would be needed for those filled up with activities - because something always slips out of our minds, big and small..
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June 10, 2025, 06:13:05 PM
 #44

Sometimes because of too many activities or things to use money for we forget we need to accumulate Bitcoin for that week or month.

This is not a meaningful excuse, when you are dedicated to your investment you will always remember to invest and save in your wallet. If its weekly investment you can join all and invest at the end of the month, people mostly do like that to save transaction fees.

Another way is to use platform that automatically buy for you through you card at exactly the period you set it to. This will save you the stress, and if you forget to buy, the algorithm does the job for you.

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