Tonimez
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May 01, 2025, 05:57:49 AM |
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I wouldn't say that those you are referring to as lazing around are doing so because they are afraid to invest but rather it could be that they lack knowledge about Bitcoin and that of good investment plans or approach, I don't consider Bitcoin as risky as lot of people talk about it since investing in Bitcoin doesn't limit us from enjoying ourselves and taking care of important needs, Bitcoin will keep surprising those that are very skeptical about it and making more ATH, there is nothing to be afraid of when we prioritize investing from our discretionary income, we can only prepare for what will happen at the top from the down.
They are cautious with something they didn't utilize before - that's how it is, unfortunately/. BTC will prove to them why they should change their stance on it either way. Bitcoin does not need to prove anything to silence people who have different views because in the end in this case I think it all comes back to their respective perspectives and we cannot change anyone's stance by trying to prove ourselves that we are right and they are wrong. I prefer to focus on my own goals in this case, not that I don't want to say that bitcoin can pave the way to a better direction but in the end instead of us being busy with other people's assessments of bitcoin it would be better if we just focus on what we do so that everything is good for ourselves. Talking about investing all have their own views on this especially when talking about bitcoin, so why be busy to control other people's thoughts that are sometimes not in line with the thinking we do because in the end besides that it will waste time, it also won't make us develop because we are busy with other people and not busy preparing the investment we want to keep and I don't think it will also make bitcoin still be seen as good just because we seem to emphasize that bitcoin is right and those who have different views are wrong. I consider it a courtesy to be telling no coiners and low coiners about bitcoin, and yeah, in the end, they can do what they like. There are going to be a lot of them left behind who have failed refused to get started in their bitcoin stacking journey, even guys who have capacities to accomplish such stacking. Sure there is a certain waste of time to tell others about bitcoin, yet it is also a courtesy and perhaps a little bit of an obligation to at least let people know, especially family and friends.. but yeah, a lot of them will choose to continue to fail/refuse to act to get started in their bitcoin accumulation journey, and they will end up having to buy bitcoin at higher prices or go to the grave as a low coiner/no coiner. Indeed, sharing Bitcoin knowledge to others could be seen as courtesy, especially to those who are close to you. Though not everyone would take action or hop on the bandwagon but that doesn’t really stop me from telling people about Bitcoin and its benefits, because I just might never tell who’s been waiting all his life to hear about Bitcoin, or who might immediately develop the interest to invest and benefit from just hearing and understanding what Bitcoin really holds for its investors. Your point about the potential downsides of failing to invest in Bitcoin early on is spot on. As Waiting for so long could potentially result to buying at a very high price or completely missing out on potential buying opportunities, thereby ending in regrets when you finally realize that you should’ve really bought earlier. It’s not like it can actually be too late to invest in Bitcoin, but it’s always better to invest earlier and avoid waiting. It’s essential to always approach conversation with patience and empathy when sharing your knowledge with newbies in order to avoid being misunderstood, or appearing kinda judgmental or pushy, because instead of igniting that curiosity and interest to jump on the train, this has the potential to do the opposite, by creating a form of resistance. And that’s why it’s important to focus more educating and sharing one’s experience in a more understandable way. Not investing in bitcoin is not what anyone should panic about. This is because bitcoin exercise is transitioning, it's market behaviour is also too notched with volatility. Early investment allows you gather not just your bitcoin stash but also gives you the leverage to gather experience and more knowledge about bitcoin. I still wouldn't blame anyone so much about not investing as at when you think it's early enough. What a "supposed" late investor actually misses is the experience and real knowledge that comes with repeatedly doing a thing; investing in bitcoin. Somehow, about the bitcoin price is not the real thing about not investing early because bitcoin moves to and fro always due to it's volatility. Sometimes in July last year, bitcoin was about $63k and many happily invested and we're more happy when it crossed the $100k to $109k ATH. Bitcoin being an independent entity, through it's beautiful nature of volatility" still made a reverse to almost $70k in which anyone who missed last year's good price could also invest. The problem is not about investing late, I think it's pertinent to work more on the Psyche to let anyone see reasons to invest. Everyone is entitled to their opinion about every venture and bitcoin being a purely digital/abstract asset suffers backlash due to many factors ranging from internet frauds and scam projects. We can do best by allowing anyone understand first that bitcoin is real, and instead of focusing on how early the person invests by either making him see bitcoin investment as a get-rich-soon kind of investment which would introduce another panic seller into the system. Teach a beginner rightly instead of blackmailing anyone into believing that it's almost too late to invest in bitcoin. No Matter what the price of bitcoin t, with proper orientation, anyone would invest at any point in time.
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CryptoHeadlineNews
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May 01, 2025, 05:58:46 AM |
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It would be very myopic for an investor to quit his job just because he invested in Bitcoin, so what's going to be paying his bills till his Bitcoin investment get mature?
Because to the best of my knowledge, anyone that have no source of income has no business investing in Bitcoin because he needs to cater for his basic needs, and if he can't do that, he can't buy and accumulate Bitcoin consistently, Yes, I agree with you on what you just said above regarding source of income and why it is important for Bitcoin investing, as an avenue to sustain the investor while allowing his/her investment mature in a long term. But one thing I also don't agree is the part where you said accumulate Bitcoin consistently, because it's literally not a must that every investor must accumulate consistently, but it rather a choice for people who have more money to always accumulate more whenever they wishes. Because a person can still no longer have a job and still decide to buy just $20 to $100 worth of Bitcoin and hold it for 15yrs or 20yrs when its price value might have skyrocketed to 100x.
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MusaPk
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May 01, 2025, 06:01:11 AM |
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JayJuanGee it's always refreshing to listen from you I am of the view that Bitcoin is a valuable asset in which we all should invest for our benefit. If someone says that he doesn't have enough funds to invest and he is also not working hard to generate additional funds which can be invested in Bitcoin then it's his own fault to remain poor, the opportunity is waiting right in front of him. I have been arguing both sides of this topic, and so yeah there might be some guys who have way more abilities to increase their discretionary income, yet they are not trying hard enough to increase their discretionary income. My message is for such guys who are earning just enough to meet weekly/monthly needs and don't have any discretionary income. It's there fault that they are not doing extra effort to earn more to invest in Bitcoin or it's there own choice to maintain status quo. As I already said that there are many ways through which one can generate discretionary income or directly earn Bitcoins while sitting at comfort of the house. There are also some guys who are working on their future training or they might have certain kinds of obstacles that compete with their ability to earn money and/or to increase their discretionary income. Those of us who are having discretionary income right now have started effort from some point in the past. The spare money we have right now is because we started doing effort for it in the past and with time our efforts become fruitful and now we have some discretionary income which we are investing in Bitcoin. These guys are doing there best and with time the obstacles will be removed, if they keep working hard continuously. Such guys are heading in right direction. Without knowing details, I am not proclaiming that all guys not need to work harder to figure out their discretionary income and to get more serious about bitcoin, yet we do know that there is a high level of folks who are no coiners and/or low coiners who likely are putting themself into such a status by their own choices, so I suppose we could be attempting to address the no coiners/lowcoiners who are capable of improving their bitcoin accumulation levels
At the same time, I am proclaiming that we cannot always know why some guys might appear to be NOT working hard enough in order to increase their discretionary income so that they can buy bitcoin now rather than putting off their bitcoin investments into the future.
If one has time with good health then he must not hesitate in doing extra effort to generate discretionary income.
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Odusko
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May 01, 2025, 06:35:27 AM |
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It would be very myopic for an investor to quit his job just because he invested in Bitcoin, so what's going to be paying his bills till his Bitcoin investment get mature?
Because to the best of my knowledge, anyone that have no source of income has no business investing in Bitcoin because he needs to cater for his basic needs, and if he can't do that, he can't buy and accumulate Bitcoin consistently, Yes, I agree with you on what you just said above regarding source of income and why it is important for Bitcoin investing, as an avenue to sustain the investor while allowing his/her investment mature in a long term. But one thing I also don't agree is the part where you said accumulate Bitcoin consistently, because it's literally not a must that every investor must accumulate consistently, but it rather a choice for people who have more money to always accumulate more whenever they wishes. Because a person can still no longer have a job and still decide to buy just $20 to $100 worth of Bitcoin and hold it for 15yrs or 20yrs when its price value might have skyrocketed to 100x. The best form of strategy for Bitcoin investors is to have steady cash flow that help the service their Bitcoin investment at regular intervals, this is so that there won't be pressured into liquidating they previous asset when there is any financial needs around that investors, let say that even though you make at least $100 monthly and you decide to go long term with Bitcoin as you stated, 15 years or so, it hard to be able to attain such height without steady cash flow that allows you to look away from your Bitcoin investment for such a long period of time, its quite alright to say that, putting extra funding like let say additional $20-$50 monthly after the first initial investment amount of $100 or More, this will help you build up you portfolio more and at the same time increases your Bitcoin worth in all direction along the line. With our puting you as an investor under any form of pressure.
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ginsan
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May 01, 2025, 08:02:45 AM |
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A lot of people are naturally going to be tempted to trade and/or gamble - and with bitcoin we could end up getting very thrown off because we start to think that we can see its ups and downs and then to buy and sell according to what we see, yet, we also may well end up failing/refusing to recognize/appreciate how badly we can end up getting screwed if the bitcoin does some kind of stair step upward and we have little to no bitcoin during such upward stair-stepping, and so we end up with way fewer bitcoin than what we would have had if we had just stayed focused on ongoing bitcoin accumulation.
Another thing is that any sales of bitcoin will contribute towards putting us into a waiting mode rather than a buying mode, and then if the BTC price goes upward while we are waiting, then we screwed ourselves again by not having close to as many bitcoin as we could have had and what we should have had if we had continued to stay focused on ongoing and persistent accumulation of BTC.
Regarding your gold bitcoin mistake, yep that is too bad. A lot of folks have historically been drawn to gold, and they continue to be drawn to gold in recent times, yet they fail/refuse to recognize/appreciate that bitcoin is around 1,000x better than gold, so even if gold has been doing well in recent times, it is likely still going to continue to lose out to bitcoin, so likely it does not help anyone to have any gold allocation that is any greater than 10% the size of his bitcoin allocation, and even having gold that is 10% of bitcoin's allocation may well be too much, even though surely some guys cannot resist except to invest some allocation into gold and they may well be lured to invest more than 10% the size of their bitcoin investment size into gold.
Yes sir, but I think a person's stance can change if he has measured btc to fiat and is tempted by short-term profits that make them change from holders to traders. That would be a big mistake because he would be waiting and no longer someone who routinely buys it every week. So have you ever felt a peak feeling about the investment you have made if at this stage where you have recorded a fairly large profit and intend to cash out. And how can you deal with that feeling so that you stick to your stance to keep holding until you can get through the peak period of increase from what you have noticed. The feeling of joy is certainly felt by all investors, especially those who entered earlier and they still have btc in their portfolio. This kind of pleasure is only possessed by those who are truly consistent in investing. For beginners, don't be shy about investing in bitcoin, even though it is in small amounts, it is not an obstacle to having bitcoin in your portfolio.
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POPOLUV
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May 01, 2025, 10:06:06 AM Merited by JayJuanGee (1) |
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I wouldn't say that those you are referring to as lazing around are doing so because they are afraid to invest but rather it could be that they lack knowledge about Bitcoin and that of good investment plans or approach, I don't consider Bitcoin as risky as lot of people talk about it since investing in Bitcoin doesn't limit us from enjoying ourselves and taking care of important needs, Bitcoin will keep surprising those that are very skeptical about it and making more ATH, there is nothing to be afraid of when we prioritize investing from our discretionary income, we can only prepare for what will happen at the top from the down.
They are cautious with something they didn't utilize before - that's how it is, unfortunately/. BTC will prove to them why they should change their stance on it either way. Bitcoin does not need to prove anything to silence people who have different views because in the end in this case I think it all comes back to their respective perspectives and we cannot change anyone's stance by trying to prove ourselves that we are right and they are wrong. I prefer to focus on my own goals in this case, not that I don't want to say that bitcoin can pave the way to a better direction but in the end instead of us being busy with other people's assessments of bitcoin it would be better if we just focus on what we do so that everything is good for ourselves. Talking about investing all have their own views on this especially when talking about bitcoin, so why be busy to control other people's thoughts that are sometimes not in line with the thinking we do because in the end besides that it will waste time, it also won't make us develop because we are busy with other people and not busy preparing the investment we want to keep and I don't think it will also make bitcoin still be seen as good just because we seem to emphasize that bitcoin is right and those who have different views are wrong. I consider it a courtesy to be telling no coiners and low coiners about bitcoin, and yeah, in the end, they can do what they like. There are going to be a lot of them left behind who have failed refused to get started in their bitcoin stacking journey, even guys who have capacities to accomplish such stacking. Sure there is a certain waste of time to tell others about bitcoin, yet it is also a courtesy and perhaps a little bit of an obligation to at least let people know, especially family and friends.. but yeah, a lot of them will choose to continue to fail/refuse to act to get started in their bitcoin accumulation journey, and they will end up having to buy bitcoin at higher prices or go to the grave as a low coiner/no coiner. I sincerely agree with you and i appreciate you for bringing this up concerning the educating family and friends about Bitcoin, because i think that is the only way to help one another within the neighborhood, yet many will not still reason to start their accumulation journey. And there is one thing that i believe that in Bitcoin investments, a relative or a friend will be the one that will introduce you to Bitcoin, so i was introduced to Bitcoin investments by my brother for me to build up my Bitcoin portfolio. And ever since them i have seen the benefits that i was missing all this while that i refused to learn or know all about Bitcoin.
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Ruttoshi
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May 01, 2025, 10:06:40 AM Last edit: May 01, 2025, 10:23:55 AM by Ruttoshi Merited by JayJuanGee (1) |
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It would be very myopic for an investor to quit his job just because he invested in Bitcoin, so what's going to be paying his bills till his Bitcoin investment get mature?
Because to the best of my knowledge, anyone that have no source of income has no business investing in Bitcoin because he needs to cater for his basic needs, and if he can't do that, he can't buy and accumulate Bitcoin consistently, Yes, I agree with you on what you just said above regarding source of income and why it is important for Bitcoin investing, as an avenue to sustain the investor while allowing his/her investment mature in a long term. But one thing I also don't agree is the part where you said accumulate Bitcoin consistently, because it's literally not a must that every investor must accumulate consistently, but it rather a choice for people who have more money to always accumulate more whenever they wishes.
Buying bitcoin consistently shouldn't be a choice but a practice so that it can become part of you overtime since you already have a discretionary income from your steady income. If you say that it's by choice, it means that you will start buying irregularly and giving more priority your want rather than building and growing out bitcoin investment. The main focus of getting started immediately, and try your possible best to accumulate bitcoin with DCA weekly, regularly, consistently and persistently for 4-10 years and above is so that you can have enough Bitcoin in your possession in future when bitcoin price might have hit seven digits. Because a person can still no longer have a job and still decide to buy just $20 to $100 worth of Bitcoin and hold it for 15yrs or 20yrs when its price value might have skyrocketed to 100x.
This is why you are to make sure that you have a source of income that can give your discretionary income to allow you invest in bitcoin regularly every week/month overtime. As a matter of fact even when you already have such income, you are still to work on increasing your financial strength so that you can also increase the amount that you put into bitcoin and improve your standard of living. That's growth. It sounds funny to me that an investor will only invest with $100 into bitcoin once and hodli for long in future before selling. I wouldn't call that investment because an investment should be notured and grow with more capital putting into the investment to expand it. How will $100 worth of bitcoin in future add good value to your life in your old age. We are investing for the future so that when we are old, we can have an investment to take care of us till when death comes and not just buying bitcoin. The size of your portfolio is what will determine your profits in future and that's why you are encouraged to invest aggressively if possible now, because bitcoin price increases overtime.
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SmartCharpa
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May 01, 2025, 10:58:59 AM |
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Bitcoin does not need to prove anything to silence people who have different views because in the end in this case I think it all comes back to their respective perspectives and we cannot change anyone's stance by trying to prove ourselves that we are right and they are wrong.
I prefer to focus on my own goals in this case, not that I don't want to say that bitcoin can pave the way to a better direction but in the end instead of us being busy with other people's assessments of bitcoin it would be better if we just focus on what we do so that everything is good for ourselves. Talking about investing all have their own views on this especially when talking about bitcoin, so why be busy to control other people's thoughts that are sometimes not in line with the thinking we do because in the end besides that it will waste time, it also won't make us develop because we are busy with other people and not busy preparing the investment we want to keep and I don't think it will also make bitcoin still be seen as good just because we seem to emphasize that bitcoin is right and those who have different views are wrong.
Bitcoin will speak for itself, we don't need to convince others to give it a try by showing them how Bitcoin prices have increased. Despite this, Bitcoin has proved many people wrong for over a decade. Early last year, I advised some of my friends to put more focus on Bitcoin investment because, in the end, if they notice some changes from me, they shouldn't be upset that I failed to inform them when I wanted to invest, but after I tried to get them that Bitcoin was worth our time to invest for tomorrow, they did not believe me until they saw where the Bitcoin price is today. I believe that the energy we can give to explain Bitcoin to those who have negative ideas about it would be better if we can use it on how to grow ourselves. Because your effort to convince somebody to invest could end in useless, no matter how much evidence you provide that Bitcoin has helped many people, they will not give it a try because they will never understand the value of this opportunity.
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kanftka
Jr. Member
Offline
Activity: 40
Merit: 6
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May 01, 2025, 12:08:24 PM |
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I wouldn't say that those you are referring to as lazing around are doing so because they are afraid to invest but rather it could be that they lack knowledge about Bitcoin and that of good investment plans or approach, I don't consider Bitcoin as risky as lot of people talk about it since investing in Bitcoin doesn't limit us from enjoying ourselves and taking care of important needs, Bitcoin will keep surprising those that are very skeptical about it and making more ATH, there is nothing to be afraid of when we prioritize investing from our discretionary income, we can only prepare for what will happen at the top from the down.
They are cautious with something they didn't utilize before - that's how it is, unfortunately/. BTC will prove to them why they should change their stance on it either way. Bitcoin does not need to prove anything to silence people who have different views because in the end in this case I think it all comes back to their respective perspectives and we cannot change anyone's stance by trying to prove ourselves that we are right and they are wrong. I prefer to focus on my own goals in this case, not that I don't want to say that bitcoin can pave the way to a better direction but in the end instead of us being busy with other people's assessments of bitcoin it would be better if we just focus on what we do so that everything is good for ourselves. Talking about investing all have their own views on this especially when talking about bitcoin, so why be busy to control other people's thoughts that are sometimes not in line with the thinking we do because in the end besides that it will waste time, it also won't make us develop because we are busy with other people and not busy preparing the investment we want to keep and I don't think it will also make bitcoin still be seen as good just because we seem to emphasize that bitcoin is right and those who have different views are wrong. Yeah, I hear you loud and clear. Bitcoin really doesn’t need to prove anything anymore, it’s been through so much, survived every dip, ban, and doubt, and it's still here. That alone says a lot. People will always have opinions, and like you said, it’s not our job to change everyone’s mind. At the end of the day, we’ve got goals to chase. Focusing on your own lane is key. While others are caught up debating whether Bitcoin is real or not, some of us are actually making moves. Time spent arguing is time taken away from building and growing. But here’s the thing, I agree we shouldn't waste time trying to convince everyone, but sometimes it does help to speak up. Not to argue or prove we’re right, but just to shed light for people who honestly don’t know better. A lot of people judge Bitcoin based on what they hear on the news or from others who’ve never even used it. So I think there’s a balance. We don’t need to defend Bitcoin every time someone doubts it, it proves itself every day. But once in a while, dropping some knowledge or showing people a different angle could actually help them. Who knows, today’s doubter might be tomorrow’s believer lol, they just haven’t connected the dots yet.
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Popkon6
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May 01, 2025, 01:02:35 PM |
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I agree with you, everyone wants a beautiful and financially secure future, but they do not understand the right decisions that they have to make to reach that point. Not everyone's financial situation will always be the same, and an employee cannot work all his life, at some point he will have to retire from his job.
It is not a good idea to quit your job and invest full time in Bitcoin. You can invest alongside your job. If you do not have a stable source of income, I think it would be better for you not to invest. You do not need much to invest. You can invest only if you have basic knowledge about Bitcoin and faith in Bitcoin. You can be a smart investor, and you can get success and great profits through Bitcoin investment if you know the right capital management and investment strategy. Because you will not be trading, you will have to learn for 2 to 3 years. You will invest, you will continue to invest alongside your job. You will continue to invest by relying on your stable income. When you feel that you have accumulated enough BTC in your portfolio, you can wait for the deadline to end. Investing is for the future. Gost ms I think you made a mistake with your quote, the quoted text was written by Ricardo11 and not Catenaccio please edit your post. That aside, you might have confused the entire post with just a few highlighted sentences. What Ricardo11 was trying to say is, no one can stay employed forever there are certain age restrictions which will eventually compel the employee to resign, however if you don't make good use of the opportunities now that you are still a an employee than there are chances that you may grow bankrupted after some years of retirement that is if you have a good saving else it would be a complete disaster of poverty. One thing that's certain in bitcoin investment from historical view is that the earlier you start investing the better your chances of making more profits increases, however if history is to repeat itself then buying today would be the best decision anyone can make for themselves especially when the person in question is still in his youthful age. Historical views shows that the longer you hold the more profit you get, the youths are more privileged to benefit by starting early compared to those approaching their 70s, which is why it's best to utilize the opportunity by making investment at an early age from your spare cash after meeting up all important needs for the month. Most salary earners do receive their pay at the end or beginning of a new month. Notwithstanding, if the person is still not certain whether or not his monthly salary will cover up all his needs with some residue he can wait until his payday and then use some part of the remainder from the previous pay to invest in bitcoin using the DCA strategy. The only problem is, accumulation with such budget and strategy can't go that far even after some few months or years.
What makes you feel that if the person in question uses only his discretionary income as you explained, to invest in bitcoin he wouldn't go far upto 4 years and above. Everything depends on proper planning and discipline. Discipline in the sense that you continue buying regularly with DCA even if it's as low as $10 consistently and persistently for 4-10. I believe that an investor who wants to be consistent with his accumulation will have calculated down his weekly/monthly expenses down before the arrival of his salary so that he can make proper plan on how to spend it and how much will be his extra cash that he can put into bitcoin for that week. Don't underestimate a little beginning. It's better to start with little and have little bitcoin in the long run based on your own discretionary income than being a low coiner. If a Bitcoin holder wants to invest in the long term, he can certainly do so with a small amount of money, because he has to determine his investment amount depending on his income. But I would like to add something else where if an investor can invest $ 10, if he spends extra money such as sitting in the park, smoking, sitting in the park with his girlfriend, and all the unnecessary expenses or bad habits that cost $ 20, he can add the $ 20 equivalent to the amount saved from here to investing in Bitcoin. Therefore, if he can invest $ 10 + $ 20, that is, $ 30, weekly, then at the end of the year, he will definitely accumulate $ 360. And if he is able to continue investing in Bitcoin in this way after ten years, he will accumulate $ 3600 in Bitcoin, so long-term investment is the only way to achieve success according to the DCA method.
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ejikeme24
Member

Offline
Activity: 144
Merit: 44
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May 01, 2025, 02:19:32 PM |
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I wouldn't say that those you are referring to as lazing around are doing so because they are afraid to invest but rather it could be that they lack knowledge about Bitcoin and that of good investment plans or approach, I don't consider Bitcoin as risky as lot of people talk about it since investing in Bitcoin doesn't limit us from enjoying ourselves and taking care of important needs, Bitcoin will keep surprising those that are very skeptical about it and making more ATH, there is nothing to be afraid of when we prioritize investing from our discretionary income, we can only prepare for what will happen at the top from the down.
They are cautious with something they didn't utilize before - that's how it is, unfortunately/. BTC will prove to them why they should change their stance on it either way. Bitcoin does not need to prove anything to silence people who have different views because in the end in this case I think it all comes back to their respective perspectives and we cannot change anyone's stance by trying to prove ourselves that we are right and they are wrong. I prefer to focus on my own goals in this case, not that I don't want to say that bitcoin can pave the way to a better direction but in the end instead of us being busy with other people's assessments of bitcoin it would be better if we just focus on what we do so that everything is good for ourselves. Talking about investing all have their own views on this especially when talking about bitcoin, so why be busy to control other people's thoughts that are sometimes not in line with the thinking we do because in the end besides that it will waste time, it also won't make us develop because we are busy with other people and not busy preparing the investment we want to keep and I don't think it will also make bitcoin still be seen as good just because we seem to emphasize that bitcoin is right and those who have different views are wrong. Sure there is a certain waste of time to tell others about bitcoin, yet it is also a courtesy and perhaps a little bit of an obligation to at least let people know, especially family and friends.. but yeah, a lot of them will choose to continue to fail/refuse to act to get started in their bitcoin accumulation journey, and they will end up having to buy bitcoin at higher prices or go to the grave as a low coiner/no coiner. I totally agree with you on the fact that letting people know about bitcoin especially those that happens to be our love ones is a little bit of an obligation which is true, because if one choose to keep it as a secret maybe when you started making profit from your bitcoin investment they will definitely get mad at you for not letting them know about it from the onset, so in other to avoid this happening the best idea is just to let them know about it, without considering if that will be a waste of time or not, then if they fail to take advantage of it maybe when you're making profit from your investment at this point no one is going to query you because they were informed about it and they refused to take advantage of it, let it be that you have play your role.
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Ricardo11
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May 01, 2025, 02:52:34 PM Merited by JayJuanGee (1) |
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I agree with you, everyone wants a beautiful and financially secure future, but they do not understand the right decisions that they have to make to reach that point. Not everyone's financial situation will always be the same, and an employee cannot work all his life, at some point he will have to retire from his job.
It is not a good idea to quit your job and invest full time in Bitcoin. You can invest alongside your job. If you do not have a stable source of income, I think it would be better for you not to invest. You do not need much to invest. You can invest only if you have basic knowledge about Bitcoin and faith in Bitcoin. You can be a smart investor, and you can get success and great profits through Bitcoin investment if you know the right capital management and investment strategy. Because you will not be trading, you will have to learn for 2 to 3 years. You will invest, you will continue to invest alongside your job. You will continue to invest by relying on your stable income. When you feel that you have accumulated enough BTC in your portfolio, you can wait for the deadline to end. Investing is for the future. Gost ms I think you made a mistake with your quote, the quoted text was written by Ricardo11 and not Catenaccio please edit your post. That aside, you might have confused the entire post with just a few highlighted sentences. What Ricardo11 was trying to say is, no one can stay employed forever there are certain age restrictions which will eventually compel the employee to resign, however if you don't make good use of the opportunities now that you are still a an employee than there are chances that you may grow bankrupted after some years of retirement that is if you have a good saving else it would be a complete disaster of poverty. One thing that's certain in bitcoin investment from historical view is that the earlier you start investing the better your chances of making more profits increases, however if history is to repeat itself then buying today would be the best decision anyone can make for themselves especially when the person in question is still in his youthful age. Historical views shows that the longer you hold the more profit you get, the youths are more privileged to benefit by starting early compared to those approaching their 70s, which is why it's best to utilize the opportunity by making investment at an early age from your spare cash after meeting up all important needs for the month. Most salary earners do receive their pay at the end or beginning of a new month. Notwithstanding, if the person is still not certain whether or not his monthly salary will cover up all his needs with some residue he can wait until his payday and then use some part of the remainder from the previous pay to invest in bitcoin using the DCA strategy. The only problem is, accumulation with such budget and strategy can't go that far even after some few months or years.
What makes you feel that if the person in question uses only his discretionary income as you explained, to invest in bitcoin he wouldn't go far upto 4 years and above. Everything depends on proper planning and discipline. Discipline in the sense that you continue buying regularly with DCA even if it's as low as $10 consistently and persistently for 4-10. I believe that an investor who wants to be consistent with his accumulation will have calculated down his weekly/monthly expenses down before the arrival of his salary so that he can make proper plan on how to spend it and how much will be his extra cash that he can put into bitcoin for that week. Don't underestimate a little beginning. It's better to start with little and have little bitcoin in the long run based on your own discretionary income than being a low coiner. If a Bitcoin holder wants to invest in the long term, he can certainly do so with a small amount of money, because he has to determine his investment amount depending on his income. But I would like to add something else where if an investor can invest $ 10, if he spends extra money such as sitting in the park, smoking, sitting in the park with his girlfriend, and all the unnecessary expenses or bad habits that cost $ 20, he can add the $ 20 equivalent to the amount saved from here to investing in Bitcoin. Therefore, if he can invest $ 10 + $ 20, that is, $ 30, weekly, then at the end of the year, he will definitely accumulate $ 360. And if he is able to continue investing in Bitcoin in this way after ten years, he will accumulate $ 3600 in Bitcoin, so long-term investment is the only way to achieve success according to the DCA method. I agree with you, if a person can put all his waste to good use, then he can achieve a lot for the future. No matter how low the income of a person is, even despite his low income, he will have waste, they do not give much importance to these wastes, but when they are calculated in the long term, it is seen that he has wasted a huge amount of money through these small wastes, which if saved or invested somewhere, he could have already achieved a lot. So people have to be aware, if they are not aware, it is not possible to stop such waste, a person can build a strong foundation for the future even from a limited income by changing some of his habits. So an investor must be aware and have proper financial management, if you can invest in Bitcoin for the long term with patience, it is definitely possible to achieve strong wealth.
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Olatundespo
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May 01, 2025, 03:57:36 PM |
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I agree with you, everyone wants a beautiful and financially secure future, but they do not understand the right decisions that they have to make to reach that point. Not everyone's financial situation will always be the same, and an employee cannot work all his life, at some point he will have to retire from his job.
It is not a good idea to quit your job and invest full time in Bitcoin. You can invest alongside your job. If you do not have a stable source of income, I think it would be better for you not to invest. You do not need much to invest. You can invest only if you have basic knowledge about Bitcoin and faith in Bitcoin. You can be a smart investor, and you can get success and great profits through Bitcoin investment if you know the right capital management and investment strategy. Because you will not be trading, you will have to learn for 2 to 3 years. You will invest, you will continue to invest alongside your job. You will continue to invest by relying on your stable income. When you feel that you have accumulated enough BTC in your portfolio, you can wait for the deadline to end. Investing is for the future. Gost ms I think you made a mistake with your quote, the quoted text was written by Ricardo11 and not Catenaccio please edit your post. That aside, you might have confused the entire post with just a few highlighted sentences. What Ricardo11 was trying to say is, no one can stay employed forever there are certain age restrictions which will eventually compel the employee to resign, however if you don't make good use of the opportunities now that you are still a an employee than there are chances that you may grow bankrupted after some years of retirement that is if you have a good saving else it would be a complete disaster of poverty. One thing that's certain in bitcoin investment from historical view is that the earlier you start investing the better your chances of making more profits increases, however if history is to repeat itself then buying today would be the best decision anyone can make for themselves especially when the person in question is still in his youthful age. Historical views shows that the longer you hold the more profit you get, the youths are more privileged to benefit by starting early compared to those approaching their 70s, which is why it's best to utilize the opportunity by making investment at an early age from your spare cash after meeting up all important needs for the month. Most salary earners do receive their pay at the end or beginning of a new month. Notwithstanding, if the person is still not certain whether or not his monthly salary will cover up all his needs with some residue he can wait until his payday and then use some part of the remainder from the previous pay to invest in bitcoin using the DCA strategy. The only problem is, accumulation with such budget and strategy can't go that far even after some few months or years.
What makes you feel that if the person in question uses only his discretionary income as you explained, to invest in bitcoin he wouldn't go far upto 4 years and above. Everything depends on proper planning and discipline. Discipline in the sense that you continue buying regularly with DCA even if it's as low as $10 consistently and persistently for 4-10. I believe that an investor who wants to be consistent with his accumulation will have calculated down his weekly/monthly expenses down before the arrival of his salary so that he can make proper plan on how to spend it and how much will be his extra cash that he can put into bitcoin for that week. Don't underestimate a little beginning. It's better to start with little and have little bitcoin in the long run based on your own discretionary income than being a low coiner. If a Bitcoin holder wants to invest in the long term, he can certainly do so with a small amount of money, because he has to determine his investment amount depending on his income. But I would like to add something else where if an investor can invest $ 10, if he spends extra money such as sitting in the park, smoking, sitting in the park with his girlfriend, and all the unnecessary expenses or bad habits that cost $ 20, he can add the $ 20 equivalent to the amount saved from here to investing in Bitcoin. Therefore, if he can invest $ 10 + $ 20, that is, $ 30, weekly, then at the end of the year, he will definitely accumulate $ 360. And if he is able to continue investing in Bitcoin in this way after ten years, he will accumulate $ 3600 in Bitcoin, so long-term investment is the only way to achieve success according to the DCA method. This method allows a new investor to start but he can get a large holding at the end of the term. Another thing I would like to add is that his income will likely increase further in these ten years and the scope of alternative income can increase further. It is advisable to increase the Bitcoin accumulation as the alternative income increases and Investors should expect to get a larger holding within ten years. Accumulate $30 Bitcoin from discretionary income per month can be a decent savings for a new investor and I consider those investors lucky. Another thing is that if you can apply the example you gave to save $20 unnecessary expenses, it may be easier to pull the amount of Bitcoin accumulation and the long term, but most investors do not want to limit themselves to entertainment. While being realistic increasing Bitcoin holdings and doing everything you normally do regularly. You can cut down on your extra expenses by giving up the habit of eating out for dinner or lunch and develop a habit of eating home cooked meals which will reduce your dollar waste and help you stay physically healthy.
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Btcdeybodi
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May 01, 2025, 04:20:10 PM |
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If a Bitcoin holder wants to invest in the long term, he can certainly do so with a small amount of money, because he has to determine his investment amount depending on his income. But I would like to add something else where if an investor can invest $ 10, if he spends extra money such as sitting in the park, smoking, sitting in the park with his girlfriend, and all the unnecessary expenses or bad habits that cost $ 20, he can add the $ 20 equivalent to the amount saved from here to investing in Bitcoin. Therefore, if he can invest $ 10 + $ 20, that is, $ 30, weekly, then at the end of the year, he will definitely accumulate $ 360. And if he is able to continue investing in Bitcoin in this way after ten years, he will accumulate $ 3600 in Bitcoin, so long-term investment is the only way to achieve success according to the DCA method.
You don't call what people do for fun as a bad habit or unnecessary things except when doing those things becomes a problem to others because as a man your responsibilities also includes taking care of your girlfriend or wife if you have one. Some people smoke due to the weather condition of where they live especially in an extremely cold weather so you can't call it a bad habit since if they don't keep their body warm, it can lead to pneumonia. investing with $10 will depend on your major income and your discretionary income because if you earn higher, your discretionary income will also be higher if your expenses are lower. Even though bitcoin can be invested with any amount but you have to figure out ways of increasing your DCA amount as time goes on because just accumulating $3,600 in 10 years of your investment in bitcoin is too poor.
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Tomcasper
Newbie
Offline
Activity: 17
Merit: 0
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May 01, 2025, 04:22:10 PM |
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If a Bitcoin holder wants to invest in the long term, he can certainly do so with a small amount of money, because he has to determine his investment amount depending on his income. But I would like to add something else where if an investor can invest $ 10, if he spends extra money such as sitting in the park, smoking, sitting in the park with his girlfriend, and all the unnecessary expenses or bad habits that cost $ 20, he can add the $ 20 equivalent to the amount saved from here to investing in Bitcoin. Therefore, if he can invest $ 10 + $ 20, that is, $ 30, weekly, then at the end of the year, he will definitely accumulate $ 360. And if he is able to continue investing in Bitcoin in this way after ten years, he will accumulate $ 3600 in Bitcoin, so long-term investment is the only way to achieve success according to the DCA method.
In a span of 10 years, with the DCA method, someone could even achieve significant returns that they might never have imagined when they first started. It is indeed not easy to limit unnecessary expenses, so that you can save to invest, there are many encouragement that always drain your pockets.
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Stormisover
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May 01, 2025, 05:26:27 PM |
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I agree with you, everyone wants a beautiful and financially secure future, but they do not understand the right decisions that they have to make to reach that point. Not everyone's financial situation will always be the same, and an employee cannot work all his life, at some point he will have to retire from his job.
It is not a good idea to quit your job and invest full time in Bitcoin. You can invest alongside your job. If you do not have a stable source of income, I think it would be better for you not to invest. You do not need much to invest. You can invest only if you have basic knowledge about Bitcoin and faith in Bitcoin. You can be a smart investor, and you can get success and great profits through Bitcoin investment if you know the right capital management and investment strategy. Because you will not be trading, you will have to learn for 2 to 3 years. You will invest, you will continue to invest alongside your job. You will continue to invest by relying on your stable income. When you feel that you have accumulated enough BTC in your portfolio, you can wait for the deadline to end. Investing is for the future. Gost ms I think you made a mistake with your quote, the quoted text was written by Ricardo11 and not Catenaccio please edit your post. That aside, you might have confused the entire post with just a few highlighted sentences. What Ricardo11 was trying to say is, no one can stay employed forever there are certain age restrictions which will eventually compel the employee to resign, however if you don't make good use of the opportunities now that you are still a an employee than there are chances that you may grow bankrupted after some years of retirement that is if you have a good saving else it would be a complete disaster of poverty. One thing that's certain in bitcoin investment from historical view is that the earlier you start investing the better your chances of making more profits increases, however if history is to repeat itself then buying today would be the best decision anyone can make for themselves especially when the person in question is still in his youthful age. Historical views shows that the longer you hold the more profit you get, the youths are more privileged to benefit by starting early compared to those approaching their 70s, which is why it's best to utilize the opportunity by making investment at an early age from your spare cash after meeting up all important needs for the month. Most salary earners do receive their pay at the end or beginning of a new month. Notwithstanding, if the person is still not certain whether or not his monthly salary will cover up all his needs with some residue he can wait until his payday and then use some part of the remainder from the previous pay to invest in bitcoin using the DCA strategy. The only problem is, accumulation with such budget and strategy can't go that far even after some few months or years.
What makes you feel that if the person in question uses only his discretionary income as you explained, to invest in bitcoin he wouldn't go far upto 4 years and above. Everything depends on proper planning and discipline. Discipline in the sense that you continue buying regularly with DCA even if it's as low as $10 consistently and persistently for 4-10. I believe that an investor who wants to be consistent with his accumulation will have calculated down his weekly/monthly expenses down before the arrival of his salary so that he can make proper plan on how to spend it and how much will be his extra cash that he can put into bitcoin for that week. Don't underestimate a little beginning. It's better to start with little and have little bitcoin in the long run based on your own discretionary income than being a low coiner. If a Bitcoin holder wants to invest in the long term, he can certainly do so with a small amount of money, because he has to determine his investment amount depending on his income. But I would like to add something else where if an investor can invest $ 10, if he spends extra money such as sitting in the park, smoking, sitting in the park with his girlfriend, and all the unnecessary expenses or bad habits that cost $ 20, he can add the $ 20 equivalent to the amount saved from here to investing in Bitcoin. Therefore, if he can invest $ 10 + $ 20, that is, $ 30, weekly, then at the end of the year, he will definitely accumulate $ 360. And if he is able to continue investing in Bitcoin in this way after ten years, he will accumulate $ 3600 in Bitcoin, so long-term investment is the only way to achieve success according to the DCA method. That someone is investing in Bitcoin doesn't mean the person can not go out and have fun, people can go out on vacation, eat outside once while we can only limit how we spend excessively, it can only become problematic when we do things without remembering that we have our investment to grow, Bitcoin investment is not a burden investment that we can invest without having fun too, bitcon represents freedom we should do it freely too.
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Jewan420
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May 01, 2025, 05:43:33 PM |
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If a Bitcoin holder wants to invest in the long term, he can certainly do so with a small amount of money, because he has to determine his investment amount depending on his income. But I would like to add something else where if an investor can invest $ 10, if he spends extra money such as sitting in the park, smoking, sitting in the park with his girlfriend, and all the unnecessary expenses or bad habits that cost $ 20, he can add the $ 20 equivalent to the amount saved from here to investing in Bitcoin. Therefore, if he can invest $ 10 + $ 20, that is, $ 30, weekly, then at the end of the year, he will definitely accumulate $ 360. And if he is able to continue investing in Bitcoin in this way after ten years, he will accumulate $ 3600 in Bitcoin, so long-term investment is the only way to achieve success according to the DCA method.
That someone is investing in Bitcoin doesn't mean the person can not go out and have fun, people can go out on vacation, eat outside once while we can only limit how we spend excessively, it can only become problematic when we do things without remembering that we have our investment to grow, Bitcoin investment is not a burden investment that we can invest without having fun too, bitcon represents freedom we should do it freely too. If you have a deep knowledge of financial management and are experienced in it, then you must be aware of all the expenses. Peace of mind can be a part of daily needs. To survive in investment, you need to take steps to fulfill this need. Otherwise, you may feel burdened by investment or you may face family problems. Just because you are an investor does not mean that you cannot enjoy holidays with your family or spend money on fun. You can certainly enjoy holidays or spend money on fun or go to expensive restaurants with your family, but you need to have a proper plan for that. In this case, reserve fund can be a relevant example. Reserve fund can basically be used to purchase essential items for your home or upgrade your necessary devices or go on vacation or for peace of mind. While investing, you need to give equal importance to each thing and make a proper plan for every aspect of life. Investing does not mean that you have to give up everything.
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SOKO-DEKE
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May 01, 2025, 07:16:21 PM |
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That someone is investing in Bitcoin doesn't mean the person can not go out and have fun, people can go out on vacation, eat outside once while we can only limit how we spend excessively, it can only become problematic when we do things without remembering that we have our investment to grow, Bitcoin investment is not a burden investment that we can invest without having fun too, bitcon represents freedom we should do it freely too.
If someone has invested some reasonable amount of money in Bitcoin, it’s not bad to spend money on fun things by going out, or taking vacations. However, as a new investor, it may be a very good idea to invest the money you plan to spend on fun and vacations into buying Bitcoin instead. Doing so will help your Bitcoin investment grow faster.in fact, when someone is investing in Bitcoin, they should know the difference between wants and needs. Anything that is not important to you,your money should not be spent on it if it’s not essential. Instead of spending money on those things, it would be better to invest that money into Bitcoin.However, for those who are okay with their Bitcoin targets, I would say it’s fine for them to spend as they wish but if those that invested more is a good idea.if someone want acheive some good ij this life they not to take out some things in their plan to achieve it.
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Crakryptvest
Newbie
Offline
Activity: 6
Merit: 0
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May 01, 2025, 07:27:43 PM |
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Buy dip and hold, its one of the greatest advice to be given to a bitcoin investor, bitcoin has gone a very long way, some people are field with regrets and some with satisfaction. The coins history is enough motivation for any investor, the past results has shown that the coin is not planning to go back down and it is clear enough. you have missed it then but you still have a chance not to miss it again the coin will always continue going up you know, the opportunity you find to buy this coin lies in present not future, wait for the dip and buy and once you buy HOLD. The fact is that in the future people will still have regrets why they didn't buy it now, the coin has great potential every single time, if you think a bitcoin is expensive now wait for the next ten years and you will be surprised that the coin was once at $100k just like how you are surprised now that the coin was once at $10
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Cryptoprincess101
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May 01, 2025, 07:43:26 PM |
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That someone is investing in Bitcoin doesn't mean the person can not go out and have fun, people can go out on vacation, eat outside once while we can only limit how we spend excessively, it can only become problematic when we do things without remembering that we have our investment to grow, Bitcoin investment is not a burden investment that we can invest without having fun too, bitcon represents freedom we should do it freely too.
If someone has invested some reasonable amount of money in Bitcoin, it’s not bad to spend money on fun things by going out, or taking vacations. However, as a new investor, it may be a very good idea to invest the money you plan to spend on fun and vacations into buying Bitcoin instead. Doing so will help your Bitcoin investment grow faster.in fact, when someone is investing in Bitcoin, they should know the difference between wants and needs. Anything that is not important to you,your money should not be spent on it if it’s not essential. Instead of spending money on those things, it would be better to invest that money into Bitcoin.However, for those who are okay with their Bitcoin targets, I would say it’s fine for them to spend as they wish but if those that invested more is a good idea.if someone want acheive some good ij this life they not to take out some things in their plan to achieve it. Investing in bitcoin do not deprive you from enjoying your money by spending part of it on fantasy and fun life. What is important is that you are not a no coiner but a low coiner because you won't be able to invest much due to your quest to have fun with part of your earnings so i see nothing wrong in that. After all, it's not every time your income arrives that you will be thinking of those fantasies, it can just be once or twice in a while which means you can still invest aggressively in those times when you will not be partaking in those fun activities that will take some of your money which means you can now invest more in your DCA. Someone who have accumulated enough bitcoin can still decide to over accumulate so it's not as if by that time you are now free to spend money on frivolous things simply because you have met your accumulation target.
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