JJG’s Outline of Bitcoin Investment Ideas

[Sim_card]

This situation can still be remedied to some extent which is that he takes about 50% of his stacked cash(approximately $5000) and uses it to lump sum into bitcoin immediately to attempt making up for lost moments and follow up his buys with consistency.

Don't forget that they guy doesn't have any backup funds which was why the thought of saving up his backup funds to $6000 before getting started which isn't a good approach to invest in bitcoin as a no coiner because he has already delayed himself and missed some good opportunities as he was buy piling up fiat.

For that reason, if he decides to extend his backup funds to $10k which is wrong instead, of using $5k to lump sum and use the rest to DCA and forget about his emergency funds, he should divide the $10k into three parts. He should use 35% for Bitcoin investment, 35% for his emergency funds and $30% for his discretionary consumption.

Whereby the 35% he is putting into Bitcoin can be split into three parts 40% to lump sum right away, 40% for DCA and 20% to buy at dip. While, he continues to use his next discretionary income to DCA consistency overtime till he reaches his bitcoin target.

provided we possess surplus income—is to accumulate assets.

You don't need surplus income before you can start your bitcoin investment, What you need is discretionary income even if it's as little as $10, you are good to go. Some people misunderstand this and think they need a big income and that had deprived then from starting their bitcoin investment when they're capable. What matters is your consistent DCA weekly overtime and not the size of your discretionary income.

[Crytohillss]

This situation can still be remedied to some extent which is that he takes about 50% of his stacked cash(approximately $5000) and uses it to lump sum into bitcoin immediately to attempt making up for lost moments and follow up his buys with consistency.

Don't forget that they guy doesn't have any backup funds which was why the thought of saving up his backup funds to $6000 before getting started which isn't a good approach to invest in bitcoin as a no coiner because he has already delayed himself and missed some good opportunities as he was buy piling up fiat.

For that reason, if he decides to extend his backup funds to $10k which is wrong instead, of using $5k to lump sum and use the rest to DCA and forget about his emergency funds, he should divide the $10k into three parts. He should use 35% for Bitcoin investment, 35% for his emergency funds and $30% for his discretionary consumption.

Whereby the 35% he is putting into Bitcoin can be split into three parts 40% to lump sum right away, 40% for DCA and 20% to buy at dip. While, he continues to use his next discretionary income to DCA consistency overtime till he reaches his bitcoin target.

provided we possess surplus income—is to accumulate assets.

You don't need surplus income before you can start your bitcoin investment, What you need is discretionary income even if it's as little as $10, you are good to go. Some people misunderstand this and think they need a big income and that had deprived then from starting their bitcoin investment when they're capable. What matters is your consistent DCA weekly overtime and not the size of your discretionary income.

That approach can also keep anyone permanently on the sidelines in this regard waiting until one save $7k already made him miss opportunity while money kept losing value sitting in Fiat if anyone eventually grow his backup to $10k , I don't think the smartest ways is putting everything into emergency savings again this  makes more sense , One could split the $10k into 3 parts 30 % into Bitcoin 25% kept as an emergency funds and the remaining should be personal discretionary needs for the Bitcoin allocation itself can structures it in a way that Matters.

[New Judgement]

But in fact, I think Bitcoin is still in the early stages. If you want to get out of the weak economic constraints of fiat currency in the future, you should hold Bitcoin.

I won’t say bitcoin is still at the early stages anymore, bitcoin has gone mainstream because of the level of adoption it has gathered over the past few years. We have seen institutions, and governments adopting bitcoin and some countries making it legal tenders. I don’t think there’s any country that has internet that haven’t heard of bitcoin. I can agree that the price of bitcoin is still growing and it will continue to grow in the future as adoption continues to increase.

[cxtreenal]

But in fact, I think Bitcoin is still in the early stages. If you want to get out of the weak economic constraints of fiat currency in the future, you should hold Bitcoin.

I won’t say bitcoin is still at the early stages anymore, bitcoin has gone mainstream because of the level of adoption it has gathered over the past few years. We have seen institutions, and governments adopting bitcoin and some countries making it legal tenders. I don’t think there’s any country that has internet that haven’t heard of bitcoin. I can agree that the price of bitcoin is still growing and it will continue to grow in the future as adoption continues to increase.

Bitcoin has been connected to the mainstream economy in a very short time just 17 years. The financial system of each country is operated under the guidance of the central bank which is managed by a centralized authority. Since ancient times, gold or silver was used for goods services and transactions after which countries started printing paper money to meet their financial needs. If we compare Bitcoin with a separate financial system and valuable assets, it is only in the last few years that it has been competing with the mainstream economy, so if we consider that Bitcoin is still in its infancy. Due to its limited supply Bitcoin will surpass precious metals such as gold in the coming days.

[Queen uloma]

But in fact, I think Bitcoin is still in the early stages. If you want to get out of the weak economic constraints of fiat currency in the future, you should hold Bitcoin.

I won’t say bitcoin is still at the early stages anymore, bitcoin has gone mainstream because of the level of adoption it has gathered over the past few years. We have seen institutions, and governments adopting bitcoin and some countries making it legal tenders. I don’t think there’s any country that has internet that haven’t heard of bitcoin. I can agree that the price of bitcoin is still growing and it will continue to grow in the future as adoption continues to increase.

Bitcoin has gained global recognition over the years and many companies, institutions, and even the governments has started showing interest in it. The level of adoption is not compared to how it was years ago when only crypto enthusiasts know about it, but now it’s circulating across the world. But even if bitcoin has gone mainstream, I still believe that it’s too early for we to compare it to where global adoption may reach in the future. Because Many people has heard about bitcoin but that doesn’t mean they have understanding on how it works or they are using it actively. Some countries across the world are still struggling with the regulations and many people have not fully trusted bitcoin because of volatility and how some scammers scams people through bitcoin.

[Silikiem]

But in fact, I think Bitcoin is still in the early stages. If you want to get out of the weak economic constraints of fiat currency in the future, you should hold Bitcoin.

I won’t say bitcoin is still at the early stages anymore, bitcoin has gone mainstream because of the level of adoption it has gathered over the past few years. We have seen institutions, and governments adopting bitcoin and some countries making it legal tenders. I don’t think there’s any country that has internet that haven’t heard of bitcoin. I can agree that the price of bitcoin is still growing and it will continue to grow in the future as adoption continues to increase.

The fact that they said bitcoin is still at its early stages doesn’t really mean that bitcoin is not known nor is it just evolving. For sure bitcoin is widely known across the globe as stand as the most popular digital currency. I think that the idea of bitcoin still at its early stage is to let people know that the popularity, value, adoption we are seeing now In bitcoin will be over 10x more in the future. Bitcoin will continue to evolve, increase in value Even though the price  goes down at some point in time.

[abaeze]

But in fact, I think Bitcoin is still in the early stages. If you want to get out of the weak economic constraints of fiat currency in the future, you should hold Bitcoin.

I won’t say bitcoin is still at the early stages anymore, bitcoin has gone mainstream because of the level of adoption it has gathered over the past few years. We have seen institutions, and governments adopting bitcoin and some countries making it legal tenders. I don’t think there’s any country that has internet that haven’t heard of bitcoin. I can agree that the price of bitcoin is still growing and it will continue to grow in the future as adoption continues to increase.

Bitcoin has been connected to the mainstream economy in a very short time just 17 years. The financial system of each country is operated under the guidance of the central bank which is managed by a centralized authority. Since ancient times, gold or silver was used for goods services and transactions after which countries started printing paper money to meet their financial needs. If we compare Bitcoin with a separate financial system and valuable assets, it is only in the last few years that it has been competing with the mainstream economy, so if we consider that Bitcoin is still in its infancy. Due to its limited supply Bitcoin will surpass precious metals such as gold in the coming days.

I agree with who believe "Bitcoin is in early stage till now" because in just 17 years, Bitcoin has gone from a small cypherpunk project to a globally recognized asset, which is not an easy or emotional thing to do. And so far, an estimated 7% - 10% of the world is involved in it, so if you consider that the adaptation and acceptance of Bitcoin has increased significantly, it is very low compared to fiat currency.

However, one particular positive aspect of this is that in the last few years, Bitcoin has been competing with the mainstream economy, but I still agree with the statement that Bitcoin is still in its infancy. Because its supply is limited, i.e. only 21 million, its price will increase significantly in the coming days and will surpass precious metals like gold. So to those who are new or expressing disappointment that it is too late, I say - no, it is not too late, rather if someone can accumulate 4-10 years through DCA with discretionary income according to their ability from now on, then in the future they will be able to earn more profit from BTC than gold.

[Chilwell]

But in fact, I think Bitcoin is still in the early stages. If you want to get out of the weak economic constraints of fiat currency in the future, you should hold Bitcoin.

I won’t say bitcoin is still at the early stages anymore, bitcoin has gone mainstream because of the level of adoption it has gathered over the past few years. We have seen institutions, and governments adopting bitcoin and some countries making it legal tenders. I don’t think there’s any country that has internet that haven’t heard of bitcoin. I can agree that the price of bitcoin is still growing and it will continue to grow in the future as adoption continues to increase.

The fact that they said bitcoin is still at its early stages doesn’t really mean that bitcoin is not known nor is it just evolving. For sure bitcoin is widely known across the globe as stand as the most popular digital currency. I think that the idea of bitcoin still at its early stage is to let people know that the popularity, value, adoption we are seeing now In bitcoin will be over 10x more in the future. Bitcoin will continue to evolve, increase in value Even though the price  goes down at some point in time.

Price go up and down does not affect bitcoin because this has been happening over the years and Bitcoin continue to have more value, it's normal for a price to go up and down but that doesn't make the value disappear. Definitely bitcoin will continue to evolve because they are more to come in the future, bitcoin price will continue to increase because we have not even reach 50% of what people are predicting the price to be, I heard that someone have predicted that the Bitcoin price will reach $1 million and with the look of things we can confidently say that it may even be more than, take a look at how many countries that have adopted it and look at the price we have now,. We have more than 200 countries in this world and I will just say only two to 3% of them have adopted it, and bitcoin as recorded a all-time high of $126k, it is clear that if more countries are coming in definitely we will be able to witness that $1 million.

[Morayoam91]

Maybe he's speaking for himself, like having difficulties to differentiate between stable income and the other but I think it shouldn't be difficult to understand that starting an investment can be generated from either, I know that some people find it tough to catch up on certain things but it's just common sense to understand that starting doesn't require that an investor must have a stable income.

 It's important for consistency but not really necessary for starting. Many newbies always make that mistake of thinking they need to be financially stable to own Bitcoin but it's a very wrong impression and reasons why many of them miss good entry point. Starting would even motivate an investor to seek means of being consistent with the investment.

Well it not a must that you have to be financially stable to kick start your Bitcoin journey but then being financially stable gives your a stress free and a very smooth journey. We have see people who are being forced to to sell their investment, not because they want to but because they are hit with financial issues that requires immediate financial attention. A lot of people who who stated their journey with unstable finance sometimes struggle to even have emergency funds. Never delay your investment for anything once you have your discretionary income but being financially stable gives you a stress free journey.

People are forced to sell their valuable assets due to unforeseen circumstances. If you have a strong financial foundation, you can build an emergency fund that will help you survive difficult times. You can start your investment journey with a small amount, because it does not only require extra money. Just focus on the beginning. Small steps today can make a big difference for you in the future. Over-strategy for investing will only waste your valuable time and the opportunity at hand at the moment and it will also prevent you from investing and will not allow you to be mentally prepared. You do not need much to invest in Bitcoin. If you have an income base, you can start

[Nheer]

Bitcoin is never too late for investment and that is why everyone have to sat down and calculate things well before join the race, it is not a race of survivor but it is a race that will elevate your status that is why it requires serious attention before going into it. Even by using DCA strategies you still need a discretionary income to make things work for you perfectly to avoid any blockage at the end.

Saying you have to sit and calculate things well before investing is wrong and is misleading for newcomers here on the thread. There's nothing to sit down to calculate and besides waiting to calculate things is a waste of time for Bitcoin investment. There's really no reason to sit and wait till you figure things out. The only reason you have to not invest is when you don't have discretionary income but immediately you have discretionary income you should not delay the investment further you should invest immediately.

Investing doesn't require figuring things out, or having knowledge to start, everything including knowledge can be learned as your investment is ongoing so it's not a reason to delay your investment. All that needs to be figured is your discretionary income and a person's common sense can figure out discretionary income because it's just money left after taking care of your necessary expenses.

[DubemIfedigbo001]

I agree with you that a stable income is not mandatory to start Bitcoin. The main thing is whether the investor has discretionary income excluding expenses.

But it is not entirely true that some people sell their investments due to lack of stable income. Some people's income may be monthly, some may have weekly income, and some may have irregular income, these incomes never force them to sell their investments. How the income comes is not important, but whether discretionary income can be created from that income excluding expenses is the important thing. If a person with irregular income can create discretionary income excluding his expenses and can make a proper financial management plan, then his investments will never have to be forced to sell.

We see people of various professions, some have stable income and some have unstable income. Despite this stability and instability, people choose their source of income freely. If the unstable source of income was not profitable, then perhaps no one would be involved in this source of income. But the thing to worry about is that most of the people in the world are involved in unstable sources of income, very few people are involved in stable sources of income.

There are a contractor, a farmer, a businessman and some other professions which are unstable. But since their income is relatively high, this instability does not have a major negative impact. However, their financial management is relatively complex. If you can be skilled in this financial management, then you may be able to provide a lot of prudent money. An unstable source of income is not a barrier to starting an investment or providing prudent money, perhaps he is inefficient in this financial management or he cannot take sufficient advantage of this source of income. Investment requires prudent money for continuous DCA, which is also capable of providing an irregular source of income. Do not make the mistake of thinking that just because it is a stable source of income, it is ideal for prudent money allocation or investment.

Having an unstable income is not a problem at all as long as you've some spare cash which you often put in the bank as savings. If you have such a spare income at intervals, then you can put a part of it, probably 50% of it into bitcoin as your income comes and use 30% to continue adding to the savings you had previously, you can always maintain consistency from it by spreading the 50% accross several weeks to keep buying while you await another inflow. On financial management, it is better to stop buying as soon as the investment funds is exhausted so you don't touch your backup fund since it will be needed in the event of emergencies. You can always resume on your next inflow and continue buying with the investment fund from the discretionary income of the new inflow. You don't need to pressure yourself but keep buying when discretionary income is available. If for instance you have completely built out your emergency fund to be at least 3 months worth of your expenses, then you can stop building it and use its fund to increase your aggressiveness while you continue investing consistently into bitcoin. Even the person with an unstable income can be as consistent as buying whenever his income in available, the goal is to remain committed to your accumulation journey and as long as you're buying whenever discretionary income is available, you're keeping to such commitment.

[Joeboy]

Bitcoin has gained global recognition over the years and many companies, institutions, and even the governments has started showing interest in it. The level of adoption is not compared to how it was years ago when only crypto enthusiasts know about it, but now it’s circulating across the world. But even if bitcoin has gone mainstream, I still believe that it’s too early for we to compare it to where global adoption may reach in the future. Because Many people has heard about bitcoin but that doesn’t mean they have understanding on how it works or they are using it actively. Some countries across the world are still struggling with the regulations and many people have not fully trusted bitcoin because of volatility and how some scammers scams people through bitcoin.

Understanding Bitcoin cannot be gotten simply by just hearing it... Infact, to build one's understanding, trust and whatnot, it actually starts with one actually involving themselves with Bitcoin... Meaning that these guys have to stop delaying themselves and kickstart their investments as soon as their discretionary income is available.. And in the course of their investments, they are very well exposing themselves to Bitcoin and then learning about it in the very process...

[Bright0515]

Having an unstable income is not a problem at all as long as you've some spare cash which you often put in the bank as savings.

Thats right mate, what matters is how you can mange the little income you get. The simple truth is that income timing is that what determines the success of an investment because if you are waiting for big income before you start there's a higher chance that it will take time to come and it will definitely delay you from getting started.
One challenges most people have is that they compare themselves with other salary eaners, but the truth is that both a salary earner and someone who's receiving irregular salary can also achieve their goals through discipline and consistency.
Those who doesn't get regular salary can start with the little they have so long as they have discretionary income, at the point whereby you don't have regular source of income, they should hold onto patient and while consistently investing into Bitcoin, but they should also find a way to create opportunity for side hustle too.
Obviously, when they wait for stable income that along shows they they don't have the mindset of investment, but the truth is that if they start with their discretionary income while they don't have stable income, they will also develop the mindset of investment.
Actually, most people forget that consistently comes through discipline and not from income size, with your big income you might not be consistent even when you have discretionary income, but when discipline is involved you become consistent with accumulating Bitcoin.
Bitcoin accumulation is marathon not a sprint, when though you don't have huge amount of money to buy today doesn't mean you can't buy in the future (whenever you have enough money to buy). Some people literally thinks it's about buying a lot of Bitcoin today but they don't know that with consistency they can accumulate alot of Bitcoin overtime.

[Grease5000]

Bitcoin is never too late for investment and that is why everyone have to sat down and calculate things well before join the race, it is not a race of survivor but it is a race that will elevate your status that is why it requires serious attention before going into it. Even by using DCA strategies you still need a discretionary income to make things work for you perfectly to avoid any blockage at the end.

Saying you have to sit and calculate things well before investing is wrong and is misleading for newcomers here on the thread. There's nothing to sit down to calculate and besides waiting to calculate things is a waste of time for Bitcoin investment. There's really no reason to sit and wait till you figure things out. The only reason you have to not invest is when you don't have discretionary income but immediately you have discretionary income you should not delay the investment further you should invest immediately.

Investing doesn't require figuring things out, or having knowledge to start, everything including knowledge can be learned as your investment is ongoing so it's not a reason to delay your investment. All that needs to be figured is your discretionary income and a person's common sense can figure out discretionary income because it's just money left after taking care of your necessary expenses.

I don’t fully agree with the idea that someone has to “sit down and calculate things well” before starting Bitcoin investment. Because  if he keeps waiting to figure everything out first, he may keep postponing and never begin.The truth is,  buying of bitcoin doesn’t need complicated calculations at the start. Once one can identify his or her discretionary income (money left after necessary expenses ) that is already enough to begin small.

Most things, including experience and deeper knowledge, are learned along the journey. What matters early on is not perfection, but consistency and discipline. So instead of overthinking, the smarter move is simple, start with what you can afford, stay consistent, and improve gradually over time.

[RockBell]

Bitcoin has gained global recognition over the years and many companies, institutions, and even the governments has started showing interest in it. The level of adoption is not compared to how it was years ago when only crypto enthusiasts know about it, but now it’s circulating across the world. But even if bitcoin has gone mainstream, I still believe that it’s too early for we to compare it to where global adoption may reach in the future. Because Many people has heard about bitcoin but that doesn’t mean they have understanding on how it works or they are using it actively. Some countries across the world are still struggling with the regulations and many people have not fully trusted bitcoin because of volatility and how some scammers scams people through bitcoin.

bitcoin has actually got a global recognition and it took a lot of time  for it to gain this the recognition and the number of people that are adopting and a lot of people did not even expect bitcoin to gain the kind of population  and why wont the government show interest they know how this thing works and they know the kind of profit that it comes with and some government have already understood the way this thing works so they also want to become part of it, and with jjg investment ideas should be able to help you archive what ever you want to archive through out your investment and it is good for everyone to listen to advice when you want to do well in your investment.

its true that a lot of people don't really have idea of how to run things when it comes bitcoin investment, the issue is the management because when you start investing how do you manage the whole thing and what strategy are you using because most that makes people more comfortable will be DCA.

[Grease5000]

One thing I always tell people about Bitcoin investment is that you don’t need to rush or try to become rich overnight. One of the best strategy for most people, especially for someone who is not a high income earner is the  DCA, because the DCA  has prove to be one of the best strategies  by buying little by little consistently from your discretionary income.

No matter how small the amount is, consistency matters more. Before investing, make sure you have discretionary income and an emergency fund so unexpected bills won’t force you to sell your Bitcoin stash out of pressure.

Overall bitcoin accumulation requires patience, discipline and confidence. Considering the volatile nature of bitcoin there will be market ups and downs, but people who stay consistent over time and can hold for  long term growth are usually the ones that benefit the most.

[Humblevirus]

But in fact, I think Bitcoin is still in the early stages. If you want to get out of the weak economic constraints of fiat currency in the future, you should hold Bitcoin.

I won’t say bitcoin is still at the early stages anymore, bitcoin has gone mainstream because of the level of adoption it has gathered over the past few years. We have seen institutions, and governments adopting bitcoin and some countries making it legal tenders. I don’t think there’s any country that has internet that haven’t heard of bitcoin. I can agree that the price of bitcoin is still growing and it will continue to grow in the future as adoption continues to increase.

Looking at that adoption rate, it is very easy to say that Bitcoin is still at an early stage. How many countries have adopted and legalized Bitcoin? Very few countries have done so. Many people are still not able to adopt Bitcoin because many countries have not fully accepted it.Also, one thing people should understand is that hearing about Bitcoin does not mean they have adopted it. Another thing stopping many people from adopting Bitcoin is the government. From what I have seen in my country and among the people around me who have not adopted Bitcoin, I will say that Bitcoin is still in its early stage.We should not just look at the price and judge like that. This is a great opportunity for everyone who has adopted Bitcoin to continue investing, because when mass adoption happens, people will be shocked at how much the price of Bitcoin will increases.

[ejikeme24]

[Edited out]

The security aspect of bitcoin isn't the basic knowledge of bitcoin and is not prior to getting started with you bitcoin accumulation. What you need is your discretionary income and common sense to know the exact amount you will put into bitcoin from your discretionary income and to study your own cash inflow management. To know if you are to start slowly.

It seems you don't understand what I said, what I was actually trying to say is that one can still  know some  safety precautions to take in the process of getting the basic knowledge. About getting started of course what is required to get started with our bitcoin investment is our discretionary income after which you have gotten the basic knowledge about bitcoin investment because it's not advisable to kick-start without knowing the basic things.

What are you securing when you are a no coiner. It's better you leave the no coiner zone and become a low coiner as learn as you go. You can start keeping your bitcoin in an exchange in the beginning while you learn about wallet and your preferred choice of noncustodial open source wallet since you are not buying immediately from an exchange and transfer directly to your wallet due to little amount of purchase and also to save you the cost of transaction fees.

What are you trying to say, that it's not necessary for guys to learn about security from the beginning? the thing is that you can't force everyone to follow that same process you passed through. Some beginners are just being extremely careful with their bitcoin investment that is why they prioritize security so that by the Time they get started they will not be afraid of losing their bitcoin investment.

[icebar]

This situation can still be remedied to some extent which is that he takes about 50% of his stacked cash(approximately $5000) and uses it to lump sum into bitcoin immediately to attempt making up for lost moments and follow up his buys with consistency.

Don't forget that they guy doesn't have any backup funds which was why the thought of saving up his backup funds to $6000 before getting started which isn't a good approach to invest in bitcoin as a no coiner because he has already delayed himself and missed some good opportunities as he was buy piling up fiat.

For that reason, if he decides to extend his backup funds to $10k which is wrong instead, of using $5k to lump sum and use the rest to DCA and forget about his emergency funds, he should divide the $10k into three parts. He should use 35% for Bitcoin investment, 35% for his emergency funds and $30% for his discretionary consumption.

Whereby the 35% he is putting into Bitcoin can be split into three parts 40% to lump sum right away, 40% for DCA and 20% to buy at dip. While, he continues to use his next discretionary income to DCA consistency overtime till he reaches his bitcoin target.

provided we possess surplus income—is to accumulate assets.

You don't need surplus income before you can start your bitcoin investment, What you need is discretionary income even if it's as little as $10, you are good to go. Some people misunderstand this and think they need a big income and that had deprived then from starting their bitcoin investment when they're capable. What matters is your consistent DCA weekly overtime and not the size of your discretionary income.

One could split the $10k into 3 parts 30 % into Bitcoin 25% kept as an emergency funds and the remaining should be personal discretionary needs for the Bitcoin allocation itself can structures it in a way that Matters.

A fixed share of 30%, 25% will not be applicable to everyone. Because everyone's income, expenses, and family responsibilities are not the same. If someone has more family responsibilities, they may have to pay more to the emergency fund. If someone has a stable income, they can live with a lower emergency fund. Again, if someone has less family responsibilities, they can aggressively buy Bitcoin. These things are not actually divided into a specific number. Rather, they are based on the person's income, expenses, and family responsibilities. The allocation of Bitcoin should be considered based on the person's situation.

[leonair]

But in fact, I think Bitcoin is still in the early stages. If you want to get out of the weak economic constraints of fiat currency in the future, you should hold Bitcoin.

I won’t say bitcoin is still at the early stages anymore, bitcoin has gone mainstream because of the level of adoption it has gathered over the past few years. We have seen institutions, and governments adopting bitcoin and some countries making it legal tenders. I don’t think there’s any country that has internet that haven’t heard of bitcoin. I can agree that the price of bitcoin is still growing and it will continue to grow in the future as adoption continues to increase.

Looking at that adoption rate, it is very easy to say that Bitcoin is still at an early stage. How many countries have adopted and legalized Bitcoin? Very few countries have done so. Many people are still not able to adopt Bitcoin because many countries have not fully accepted it.Also, one thing people should understand is that hearing about Bitcoin does not mean they have adopted it. Another thing stopping many people from adopting Bitcoin is the government. From what I have seen in my country and among the people around me who have not adopted Bitcoin, I will say that Bitcoin is still in its early stage.We should not just look at the price and judge like that. This is a great opportunity for everyone who has adopted Bitcoin to continue investing, because when mass adoption happens, people will be shocked at how much the price of Bitcoin will increases.

It is known from various sources that till now around 6% of the people worldwide use and hold Bitcoin. That means that Bitcoin has been adopted by around 6% of the people worldwide. And in this situation, the price of Bitcoin hit $126k. When the adoption of Bitcoin is above 50%, the price of Bitcoin will easily cross one million dollars. So those who have made a long-term plan with Bitcoin in advance are the smartest people. But the time is not over yet, if you do DCA from now on, it will definitely help you save a good amount of Bitcoin. Even though we all believe in it, there is a doubt about how many people can actually continue their investment regularly. Because after meeting daily expenses, not everyone can afford to invest. However, I would say that you should continue investing in Bitcoin as much as possible, it may be $1 per month, this is also not a trivial matter.