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Such a wall of text, lol. Just a little bit of exaggeration to make the poem sound funny. But yet, it fairly described my life now. My job is greatly affected by Covid-19, my income drastically decreased. And the worst part is I had to sell an amount of bitcoin to buy a second hand Play Station to kill the time during lockdown. Darn!
Well, hopefully, you can figure out BTC investment budget that works for you, so if you have a long timeline, then you could stock away fairly small amounts on a regular basis and it really is likely to add up over time, so ultimately if you cash out, then it is at a time of your own choosing, and if you believe that a play station is compelling, then of course that is your choice.
When I got into bitcoin in late 2013, I already had been accumulating capital for nearly 25 years, so I had already figured how much I could put into bitcoin, so even though bitcoin went down in price for nearly 2 years after I started and my first coin did not become profitable for almost another year, so over 3 years before my first purchase became profitable, I did not feel any urge to sell any of my BTC because of how I had allocated my investment as only a portion of my total investments.
For the vast majority of people it takes a damned long time to accumulate wealth, and I always had stocked away 10% of my income into investments, and sometimes those investments did not do very well, but still through the years, my principle grew.
Anyone is free to do something similar in bitcoin, and just invest and forget, and try to establish a long time horizon.
So even $10 per week can add up, if you have a decently long investment horizon.
Here's an example of investing in BTC for $10 per week in the past 7 years, showing around 12x returns and greatly outperforming gold and stocks and cash and playstations.
Anyhow, bitcoin is likely to continue to perform as a good investment, even though there are never any guarantees, but if you pick some amount in your budget that is reasonable, then you can just stack that amount aside, and sure maybe every once in a while you can withdraw a little bit for a treat, but you should be making those withdrawals on your own schedule and likely when the BTC price is up and then likely replacing the amount that you used, too.... but hey, everyone needs to find their own way, and how to tweak their various investments in a way that is comfortable for them, and I am not saying that there is anything wrong with having playstations,..... at least you did not go out an buy a lambo.. (nothing wrong with lambos, hookers or blow either just a matter of delayed gratification).
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