This is my plan.

[rachael9385]

I recently started earn from Bitcointalk. I belong from middle class family of Bangladesh and I read in class 12. It's a dream to set up a small business of my own. Because of I belong from a middle class family it's a dream to started something new of my own. I think forum can give me this opportunity to start something my own. Why I am saying that I am saying that because I recently started earning from signature campaign and its a dream to hold full amount of BTC I have earned from this forum I want to hold this until my HSC exam end. After my exam with this money I want to start something my own. I don't know how much amount of money I can save from it but it's will be quite helpful for starting something my own and the earning take me  to the next step that I want to start.

From what you have said so far, I confirm that your plans are far from the OPs plan. Reading carefully, you will know that the op doesn't have a dime of BTC, but I think he is planning to buy some, and still, he can't earn BTC from this forum because he has not reached the rank to join. You are already a signature champagne participant, so I would like to tell you, that if you want to start up your own business with the little pay you are receiving from the champagne, then you have to work harder because sometimes, signature champagne for a while, but this does not mean that you should not get a skill that can help you out In case.

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[Belarge]

Since you don't have enough knowledge about investing in Bitcoin, do enough research and gather a lot of knowledge about investing before you invest. Everything you need to know about your investment. And before investing first prepare yourself for full investment. If you get a salary of $300 per month, if you invest $50 in bitcoins out of that, you can very well serve your family and all your personal expenses with $250. You don't need any exact time to buy bitcoins, if you invest in long term you will definitely get profit. Just invest for long term. If you continue to invest in Bitcoin in this way, you will surely achieve great success in life.
And good luck to you

Earning $300 bucks monthly, and investing $50 bucks in crypto, it's good start to triggered good positions in the system. However we tend to face barriers because it's not easy to grab big wins in the system. Knowledge happens to be one of the important basic information necessary for all traders and investors in the system. There are numerous techniques to enchanced our strategies, making good earnings from the system either daily or weekly, depending on the methods we choosed for ourselved. Planning before executing projects will do a lot of help for us, just stick to a more emphasize grind and 100% focused though I must warned, loses and profits are 50/50 probability.

[Broadanbig]

Since you don't have enough knowledge about investing in Bitcoin, do enough research and gather a lot of knowledge about investing before you invest. Everything you need to know about your investment. And before investing first prepare yourself for full investment. If you get a salary of $300 per month, if you invest $50 in bitcoins out of that, you can very well serve your family and all your personal expenses with $250. You don't need any exact time to buy bitcoins, if you invest in long term you will definitely get profit. Just invest for long term. If you continue to invest in Bitcoin in this way, you will surely achieve great success in life.
And good luck to you

Earning $300 bucks monthly, and investing $50 bucks in crypto, it's good start to triggered good positions in the system. However we tend to face barriers because it's not easy to grab big wins in the system. Knowledge happens to be one of the important basic information necessary for all traders and investors in the system. There are numerous techniques to enchanced our strategies, making good earnings from the system either daily or weekly, depending on the methods we choosed for ourselved. Planning before executing projects will do a lot of help for us, just stick to a more emphasize grind and 100% focused though I must warned, loses and profits are 50/50 probability.

I think OP has made a good budget for that looking at the fact that the investment is quite alright but it would be okay if OP does this in a long term looking at the profit range for it to be able to yield a reasonable amount of profit for OP. But i just hope this amount of money invested by OP would not affect him in the long run looking at the salary earned and the amount in question.  Although the amount is moderate but it is still reasonable compared to the income.

[summonerrk]

I am still here to gather little knowledge about Bitcoin, I don't need enough knowledge, I can invest while learning Bitcoin, but the thing there is I am shuffling my self, so I will not be tangled while I am accumulating Bitcoin, I have come up with a plan of using the DCA method to accumulate a $50 monthly, my monthly payment from my job is $300, if my expenses will collect up $100 then $50 can be kept in crypto (Bitcoin) and another $100 for emergency funds then the remaining $50 can also be kept for personal things. Now is the best time to buy Bitcoin, I am not in a hurry to start investing Bitcoin, when the time comes for me to invest nothing will stop me to invest in BTC, as Bitcoin is not something I will start today and get rich tomorrow that is why I don't want to rush in to it. I will use electrum Bitcoin wallet to save my coins because I have learned so far that the electrum wallet is a safe wallet for any investors that what to hold Bitcoin for long, so I will be using it to hold my coins when I buy some Bitcoin, I will update when I buy my first BTC.

I like your plan. Focus on the following points: install an application where you will record all your expenses, so you can predict how much you spend every month, and based on this information you can understand exactly how much you can save.
You have chosen the Electrum wallet. This is one of the two wallets that I truly trust. It is open source. This is good. The second wallet I like is TrustWallet. It is more convenient, even if the source code is closed. But its owners are Binansier.
Good luck with your plan!

[Ever-young]

Since you don't have enough knowledge about investing in Bitcoin, do enough research and gather a lot of knowledge about investing before you invest. Everything you need to know about your investment. And before investing first prepare yourself for full investment. If you get a salary of $300 per month, if you invest $50 in bitcoins out of that, you can very well serve your family and all your personal expenses with $250. You don't need any exact time to buy bitcoins, if you invest in long term you will definitely get profit. Just invest for long term. If you continue to invest in Bitcoin in this way, you will surely achieve great success in life.
And good luck to you

Earning $300 bucks monthly, and investing $50 bucks in crypto, it's good start to triggered good positions in the system. However we tend to face barriers because it's not easy to grab big wins in the system. Knowledge happens to be one of the important basic information necessary for all traders and investors in the system. There are numerous techniques to enchanced our strategies, making good earnings from the system either daily or weekly, depending on the methods we choosed for ourselved. Planning before executing projects will do a lot of help for us, just stick to a more emphasize grind and 100% focused though I must warned, loses and profits are 50/50 probability.

Crypto knowledge is essential for those who want to invest and harvest in a quick time that’s for traders who ever want to go into crypto trading need to have basis knowledge before they can take that step, but as for the OP, what’s needed of him is just the right investment plan and a little knowledge on how to safe keep those investment since no intention of trading it on a daily is mentioned in their.

What the OP probably want to do is DCA since it’s earning comes on a monthly basis and the plan for what the monthly salary will be used for has already be mapped out, adding bitcoin as part of the primary things which need to be added into budget is a wise decision and if that continues before the end of 12 months one will be able to buy enough bitcoin that could be worth something.

[HelliumZ]

I am still here to gather little knowledge about Bitcoin, I don't need enough knowledge, I can invest while learning Bitcoin, but the thing there is I am shuffling my self, so I will not be tangled while I am accumulating Bitcoin, I have come up with a plan of using the DCA method to accumulate a $50 monthly, my monthly payment from my job is $300, if my expenses will collect up $100 then $50 can be kept in crypto (Bitcoin) and another $100 for emergency funds then the remaining $50 can also be kept for personal things. Now is the best time to buy Bitcoin, I am not in a hurry to start investing Bitcoin, when the time comes for me to invest nothing will stop me to invest in BTC, as Bitcoin is not something I will start today and get rich tomorrow that is why I don't want to rush in to it. I will use electrum Bitcoin wallet to save my coins because I have learned so far that the electrum wallet is a safe wallet for any investors that what to hold Bitcoin for long, so I will be using it to hold my coins when I buy some Bitcoin, I will update when I buy my first BTC.

Your Dollar Cost Averaging system is very useful for the Bitcoin you invest in. Since you will be investing a portion of your monthly salary in Bitcoin, you will get an average profit by doing your dollar cost averaging system. If you want to hold long term you buy bitcoins at a fixed price and store them in a secure wallet. But in case you have to wait for a DIP market. If you can buy bitcoins at a favorable price and save long term then you can get a big digit profit from bitcoins in future.

[gunhell16]

I am still here to gather little knowledge about Bitcoin, I don't need enough knowledge, I can invest while learning Bitcoin, but the thing there is I am shuffling my self, so I will not be tangled while I am accumulating Bitcoin, I have come up with a plan of using the DCA method to accumulate a $50 monthly, my monthly payment from my job is $300, if my expenses will collect up $100 then $50 can be kept in crypto (Bitcoin) and another $100 for emergency funds then the remaining $50 can also be kept for personal things. Now is the best time to buy Bitcoin, I am not in a hurry to start investing Bitcoin, when the time comes for me to invest nothing will stop me to invest in BTC, as Bitcoin is not something I will start today and get rich tomorrow that is why I don't want to rush in to it. I will use electrum Bitcoin wallet to save my coins because I have learned so far that the electrum wallet is a safe wallet for any investors that what to hold Bitcoin for long, so I will be using it to hold my coins when I buy some Bitcoin, I will update when I buy my first BTC.

I can't say anything wrong with what you are saying, especially the DCA that you will use to accumulate Bitcoin. That $50 for a person like you is already a lot compared to others who also do DCA in cryptocurrency.

I'm just paying attention to you, dude. You're really preparing for the future because you're also taking the time to accumulate the emergency fund. There are only a few people who do this, even though everyone wants it, but most of them can't do it in actual life. So for me, what you are planning is good thinking; just go ahead with it.

[AirtelBuzz]

I am still here to gather little knowledge about Bitcoin, I don't need enough knowledge, I can invest while learning Bitcoin, but the thing there is I am shuffling my self, so I will not be tangled while I am accumulating Bitcoin, I have come up with a plan of using the DCA method to accumulate a $50 monthly, my monthly payment from my job is $300, if my expenses will collect up $100 then $50 can be kept in crypto (Bitcoin) and another $100 for emergency funds then the remaining $50 can also be kept for personal things. Now is the best time to buy Bitcoin, I am not in a hurry to start investing Bitcoin, when the time comes for me to invest nothing will stop me to invest in BTC, as Bitcoin is not something I will start today and get rich tomorrow that is why I don't want to rush in to it. I will use electrum Bitcoin wallet to save my coins because I have learned so far that the electrum wallet is a safe wallet for any investors that what to hold Bitcoin for long, so I will be using it to hold my coins when I buy some Bitcoin, I will update when I buy my first BTC.

Investing in Dollar Cost Averaging(DCA) method seems to me to be very convenient method. As an example I work as a mason and get paid weekly from that. I am investing bitcoins by dollar cost averaging(DCA) method by deducting a day's payment from that payment, so my total monthly investment is 40 dollars worth of bitcoins. I have been following this investment method for almost 9 months and even I have more desire to invest in this method in future. I am investing in this way it is not affecting my family expenses but investing in this way is beneficial for me.

[kojektea]

No one should be allowed to forbid us from investing, why should that be your fear, even if you become rich from this investment then people around you will definitely benefit from it. so I think it's nothing to be afraid of. but how do we control our emotions and control our finances where our investments always use free money which can be lost at any time, this is a crypto investment that has high risks, so always be ready for risk at any time. that's the best thing of what I suggested.

[2Pizza410000BTC]

I am still here to gather little knowledge about Bitcoin, I don't need enough knowledge, I can invest while learning Bitcoin, but the thing there is I am shuffling my self, so I will not be tangled while I am accumulating Bitcoin, I have come up with a plan of using the DCA method to accumulate a $50 monthly, my monthly payment from my job is $300, if my expenses will collect up $100 then $50 can be kept in crypto (Bitcoin) and another $100 for emergency funds then the remaining $50 can also be kept for personal things. Now is the best time to buy Bitcoin, I am not in a hurry to start investing Bitcoin, when the time comes for me to invest nothing will stop me to invest in BTC, as Bitcoin is not something I will start today and get rich tomorrow that is why I don't want to rush in to it. I will use electrum Bitcoin wallet to save my coins because I have learned so far that the electrum wallet is a safe wallet for any investors that what to hold Bitcoin for long, so I will be using it to hold my coins when I buy some Bitcoin, I will update when I buy my first BTC.

The amount you invest in Bitcoin is entirely up to you. But in terms of investment you have made a very reasonable plan to invest by following the DCA method. Investing Bitcoin in DCA method is the best investment method. But if you have adopted electron wallet as safe to hold investment then you must keep seed phrase of electrim wallet very safe for sure. If you can keep the wallet seed phrase safe then your investment will be the safest.

[FinePoine0]

I am still here to gather little knowledge about Bitcoin, I don't need enough knowledge, I can invest while learning Bitcoin, but the thing there is I am shuffling my self, so I will not be tangled while I am accumulating Bitcoin, I have come up with a plan of using the DCA method to accumulate a $50 monthly, my monthly payment from my job is $300, if my expenses will collect up $100 then $50 can be kept in crypto (Bitcoin) and another $100 for emergency funds then the remaining $50 can also be kept for personal things. Now is the best time to buy Bitcoin, I am not in a hurry to start investing Bitcoin, when the time comes for me to invest nothing will stop me to invest in BTC, as Bitcoin is not something I will start today and get rich tomorrow that is why I don't want to rush in to it. I will use electrum Bitcoin wallet to save my coins because I have learned so far that the electrum wallet is a safe wallet for any investors that what to hold Bitcoin for long, so I will be using it to hold my coins when I buy some Bitcoin, I will update when I buy my first BTC.

Since you decided to hold Bitcoin I like your decision. You definitely need a strong wallet to hold bitcoins so I think it's safe for you to use Electrum wallet. If you are looking for a stronger wallet than Electrum wallet, I would suggest you.

Currently hardware wallets are the most powerful, most secure way to hold Bitcoins. Sefepal X1 is currently the most demanded wallet you can enter here to know about this wallet.
Safepal X1 wallet Details: https://blog.safepal.com/safepal-x1-open-source-wallet-suite/

[EarnOnVictor]

I am still here to gather little knowledge about Bitcoin, I don't need enough knowledge, I can invest while learning Bitcoin, but the thing there is I am shuffling my self, so I will not be tangled while I am accumulating Bitcoin, I have come up with a plan of using the DCA method to accumulate a $50 monthly, my monthly payment from my job is $300, if my expenses will collect up $100 then $50 can be kept in crypto (Bitcoin) and another $100 for emergency funds then the remaining $50 can also be kept for personal things. Now is the best time to buy Bitcoin, I am not in a hurry to start investing Bitcoin, when the time comes for me to invest nothing will stop me to invest in BTC, as Bitcoin is not something I will start today and get rich tomorrow that is why I don't want to rush in to it. I will use electrum Bitcoin wallet to save my coins because I have learned so far that the electrum wallet is a safe wallet for any investors that what to hold Bitcoin for long, so I will be using it to hold my coins when I buy some Bitcoin, I will update when I buy my first BTC.

The amount you invest in Bitcoin is entirely up to you. But in terms of investment you have made a very reasonable plan to invest by following the DCA method. Investing Bitcoin in DCA method is the best investment method. But if you have adopted electron wallet as safe to hold investment then you must keep seed phrase of electrim wallet very safe for sure. If you can keep the wallet seed phrase safe then your investment will be the safest.

Well, there is no way anyone can say the DCA style of investment is not good, but in fairness, at times, it is such that is not easy to practice, and again, it is not a must that someone DCA, it all has to do with the market situation, the conviction of the trader, the money at hand and the expected money (including the frequency of getting it). Take for instance, if the market is at a low level that is convincing enough, there is no need to think twice, just put in all the money and wait for the outcome. After all, you didn't buy it at an expensive amount, so it is a very good bargain. This was what happened with altcoins months ago, anyone who is wise will just commit their money to them at once without thinking twice, you can see what is happening with altcoins now, that is the risk one should be willing to take at a very low price.

The same thing goes for the bullish market for those who can read the chart very well, if you've gotten to that stage, committing your money to the market at once will not be an issue too. But for those who have missed out a lot and the market is at a somewhat high level, yet, they need DCA so that they do not buy all at a too-expensive level, Who knows if the coin can still retrace much to buy at some reasonable level? That is where DCA is most effective. But guess what? I hardly follow DCA strictly, I am too versatile for that.

[btc78]

No one should be allowed to forbid us from investing, why should that be your fear, even if you become rich from this investment then people around you will definitely benefit from it. so I think it's nothing to be afraid of. but how do we control our emotions and control our finances where our investments always use free money which can be lost at any time, this is a crypto investment that has high risks, so always be ready for risk at any time. that's the best thing of what I suggested.

I am guessing that a lot of people do not earn enough yet to be investing since they probably have put in their money somewhere else or they have too much bills to pay right now

like you said there are risks to consider in investing and investing in cryptocurrency have even higher risks so someone who only has enough to go by the day will definitely want to second-guess his decision to invest right away but that is what’s good in cryptocurrency we are using the word risks which is a word to indicate the only potential harmful things which means they can be avoided if we do investment correctly and doing DCA method actually lessens risks

[Agbe]

This is good plan and finally you achieved your goal of investing with 0.033 BTC and that's about $1,400+k (Finally I did it (I am happy to join ) this is one of the best goals you have achieved in the year 2023.  Even the $300 dollar of your monthly earning is good enough to invest in it, base on the dollar rate in the country now, it good to invest with that amount but if you remove $100 and use the $200, the $100 will not be enough for the family activities unless you are a bachelor. It is a good thing you have aim at, because we have to plan proper before going into investment so that we will not regret later.

[Blitzboy]

I am still here to gather little knowledge about Bitcoin, I don't need enough knowledge, I can invest while learning Bitcoin, but the thing there is I am shuffling my self, so I will not be tangled while I am accumulating Bitcoin, I have come up with a plan of using the DCA method to accumulate a $50 monthly, my monthly payment from my job is $300, if my expenses will collect up $100 then $50 can be kept in crypto (Bitcoin) and another $100 for emergency funds then the remaining $50 can also be kept for personal things. Now is the best time to buy Bitcoin, I am not in a hurry to start investing Bitcoin, when the time comes for me to invest nothing will stop me to invest in BTC, as Bitcoin is not something I will start today and get rich tomorrow that is why I don't want to rush in to it. I will use electrum Bitcoin wallet to save my coins because I have learned so far that the electrum wallet is a safe wallet for any investors that what to hold Bitcoin for long, so I will be using it to hold my coins when I buy some Bitcoin, I will update when I buy my first BTC.

The amount you invest in Bitcoin is entirely up to you. But in terms of investment you have made a very reasonable plan to invest by following the DCA method. Investing Bitcoin in DCA method is the best investment method. But if you have adopted electron wallet as safe to hold investment then you must keep seed phrase of electrim wallet very safe for sure. If you can keep the wallet seed phrase safe then your investment will be the safest.

Well, there is no way anyone can say the DCA style of investment is not good, but in fairness, at times, it is such that is not easy to practice, and again, it is not a must that someone DCA, it all has to do with the market situation, the conviction of the trader, the money at hand and the expected money (including the frequency of getting it). Take for instance, if the market is at a low level that is convincing enough, there is no need to think twice, just put in all the money and wait for the outcome. After all, you didn't buy it at an expensive amount, so it is a very good bargain. This was what happened with altcoins months ago, anyone who is wise will just commit their money to them at once without thinking twice, you can see what is happening with altcoins now, that is the risk one should be willing to take at a very low price.

The same thing goes for the bullish market for those who can read the chart very well, if you've gotten to that stage, committing your money to the market at once will not be an issue too. But for those who have missed out a lot and the market is at a somewhat high level, yet, they need DCA so that they do not buy all at a too-expensive level, Who knows if the coin can still retrace much to buy at some reasonable level? That is where DCA is most effective. But guess what? I hardly follow DCA strictly, I am too versatile for that.

DCA mitigates risk, therefore calling it inflexible is unfair. All-in on altcoins on a perceived low is high-stakes gambling, not investing. It may pay off, but what if the market falls further? No safety net in your strategy.

Furthermore, your method implies flawless market timing - a dangerous fantasy. Market predictions arent accurate even for experts. DCA excels at prudent-not  "versatile", which is its specialty. It reduces market volatility, making investing easier for non-chartists. Altcoins are appealing, but Bitcoin is the foundation of any crypto portfolio. Its durability and acceptance as "digital gold" make it a safer long-term bet. DCA in Bitcoin? Thats solid strategy.

[puloweh555]

Crypto knowledge is essential for those who want to invest and harvest in a quick time that’s for traders who ever want to go into crypto trading need to have basis knowledge before they can take that step, but as for the OP, what’s needed of him is just the right investment plan and a little knowledge on how to safe keep those investment since no intention of trading it on a daily is mentioned in their.

The first basic thing before investing in crypto is of course to have knowledge about crypto. Without knowledge we are like gambling because there is no strategy and target. But if we have crypto knowledge, we can finally master this market and its cycles. It takes years to learn and follow the cyclical patterns, but they start to come together and you start out as a smart investor.

What the OP probably want to do is DCA since it’s earning comes on a monthly basis and the plan for what the monthly salary will be used for has already be mapped out, adding bitcoin as part of the primary things which need to be added into budget is a wise decision and if that continues before the end of 12 months one will be able to buy enough bitcoin that could be worth something.

DCA is the right strategy for investing in Bitcoin, especially since we set aside our own funds to do DCA every month. For me, the DCA method used by OP is also an anti-loss strategy, because every month we can buy bitcoin no matter the price goes up or down because we are investing for the long term.

[adultcrypto]

No one should be allowed to forbid us from investing, why should that be your fear, even if you become rich from this investment then people around you will definitely benefit from it. so I think it's nothing to be afraid of. but how do we control our emotions and control our finances where our investments always use free money which can be lost at any time, this is a crypto investment that has high risks, so always be ready for risk at any time. that's the best thing of what I suggested.

I am guessing that a lot of people do not earn enough yet to be investing since they probably have put in their money somewhere else or they have too much bills to pay right now

In the course of my travels this holidays to some remote villages of my country, I attempted telling people about Bitcoin, the opportunities it holds and how they can be part of it. A lot of them actually developed interest but are limited by finances. Bitcoin is readily acceptable to people as I got to find out and the coverage is wider than imagined. My experience shows that global poverty is beyond imagination, it is real and a big cause of concern. This made me wonder how people will be able to invest in Bitcoin and be able to hold for long.

Investing in Bitcoin for long time holding require that at least basic needs be met and possibly some funds set aside for any eventuality. A poor villager who does not know where the next meal will come from cannot keep this requirement. I left them with a simple advice which is to do something about their finances so they will be able to have something to eat before thinking about investing in Bitcoin. Most are subsistence farmers but with proper advice and assistance, they can expand to be able to make enough money from farming to support their needs as well as diversify into Bitcoin.

[Mate2237]

When you are telling people about bitcoin you should not forget the advantages and the disadvantages and also the risks that involve in it. Then the present situation on ground which the Blockchain congestion that making the withdrawal or transaction fee very high so that if the person is still interested to invest then you don't have problem again because you have given the person all the clues so if anything happens again your hands are clean.

Bitcoin is always the best coin to invest.but be careful with the introduction with bitcoin and don't use their money to invest for them and only teach them to invest.

[Gallar]

Here's the thing op. So many people keep saying that now is the best time to buy BTC since it's price is low and it will increase and reach its new ATH later, but that's all wishful thinking since BTC can even drop like crazy.

There is no guarantee that you will earn profit on your investment at any point in the future which is why you should invest only what you are willing to lose.

Bitcoin can indeed experience a drastic price decline. Because it cannot be denied, assets will definitely not always be at the top. But if you have thoughts like that, I don't think you understand what a bitcoin asset is. Because when deciding when to buy it, you still seem hesitant. In fact, if you invest your money in any asset, including Bitcoin, there is always a risk of loss. So basically, when you want to invest in Bitcoin, don't be too afraid. Because you need to know, investing is not just looking for profits, but in investing we also have to be able to accept when losses come. So the most important thing is when we start investing in Bitcoin, don't forget to do a thorough analysis. Learn all the important things related to bitcoin, don't miss a single point, because all the learning points related to bitcoin investment are very valuable.

And regarding when is the right time to buy bitcoin, I think now is the right time to buy bitcoin. Because currently bitcoin will be approaching halving and a bullish market. What is certain is that the potential will be better, if you want to make a profit. Especially if you intend to invest in Bitcoin in the short term, I think now is the right time to buy.

[FinePoine0]

That is an excellent plan by the way that you are using the DCA method to accumulate the Bitcoin. If you are separating some $ From your income this will be a good long term strategy to get more Bitcoin. And you talked about Electrum wallet so in my point of view this a safe wallet and you can use it to store you Bitcoin.

Electrum wallet is more secure and more security complete. You definitely invest Bitcoin for a long time using this wallet. As you can use Trezor wallet you don't have any problem. If money is not a problem for you then you can go for hardware which costs between $60 to $70.