Buy Buy Buy or Sell Sell Sell?

[Bluedrem]

In other words, having a stable income is important but not necessarily compulsory to be able to start investing in Bitcoin. Someone who's ready to invest can choose to buy with what they spare for Bitcoin through their discretionary but maintaining it is the problem cause to buy consistently an investor would need steady supply of cash to their discretionary for purchasing it.
 That's why I agree with his statement to an extent, anyways those who come into Bitcoin investment with the mindset of investing for just few years other than a complete circle shouldn't regard themselves as investors, most people can't really differentiate an investor from a trader and once they just buy they feel they've invested but no, real investors are patient, determined and ready to hold longer despite different challenges in the market so anyone who can't keep up with those should consider themselves traders and not investors.

Again, there are many investors who want to keep their investment for a long time, but for many reasons, it is actually due to their lack of planning. Different types of problems may arise in the path of a person at different times, in which case money may be needed and at that moment an emergency fund is needed to provide that money, that is, if someone invests in Bitcoin along with managing an emergency fund to provide money for urgent needs, then his investment can be more stable and long-lasting. Also, you should never invest in Bitcoin with the necessary money because you can never say that Bitcoin will benefit you in 6 months or in a year. Those who are real Bitcoin investors know that Bitcoin is a long-term process and it is possible to earn expected profits from it in long-term employment. Again, there are many who invest in Bitcoin to protect themselves from inflation. The biggest thing is that the best money to invest in Bitcoin is the money received from discretionary income. In other words, if an investor does not have the money he could spend his life using, when he invests in Bitcoin, will his investment be stable and long-lasting? And when an investor's investment in Bitcoin is long-term, his probability of profiting from such an investment is almost 100%.

[Joeboy]

Investment period must be 4 to 10 years, ideally after 10 years you will get enough profit that will make you financially independent. If Bitcoin keep repeating it's cycle after every 4 years, then even 4 years investment plan is good enough.

There's no guarantee that investing in bitcoin for ten years will give you enough profit, talkmore of making you financially independent because profit is not guaranteed since the future is full of uncertainty even though, the price of bitcoin moving uptrend is higher than moving downtrend.

If you invest in bitcoin for ten years, it's not enough to make you financially independent because it's the amount that you use to DCA is what will determine the size of your bitcoin portfolio and your profit. Four years isn't a guarantee that you will have accumulated a good size of bitcoin and be in profits only for those who bought aggressively and front loaded their bitcoin stash.

That's right, the amount of discretionary income that's folks use for their DCA is what determines the size of their portfolio after 4-10 years of investing.....Folks who decides to stay within their financial capacity and are investing little amount like $10 or so are still doing something positive, but then it may be quite impossible for such a small amount to lead to financial independence within 4 years or even 10 years in some cases. Unless that person is flexible in his investment, which means that as he increases his investment amount along the way, as his income grows. Doing so increases the compounding results.

[Showlove01]

Investment period must be 4 to 10 years, ideally after 10 years you will get enough profit that will make you financially independent. If Bitcoin keep repeating it's cycle after every 4 years, then even 4 years investment plan is good enough.

There's no guarantee that investing in bitcoin for ten years will give you enough profit, talkmore of making you financially independent because profit is not guaranteed since the future is full of uncertainty even though, the price of bitcoin moving uptrend is higher than moving downtrend.

If you invest in bitcoin for ten years, it's not enough to make you financially independent because it's the amount that you use to DCA is what will determine the size of your bitcoin portfolio and your profit. Four years isn't a guarantee that you will have accumulated a good size of bitcoin and be in profits only for those who bought aggressively and front loaded their bitcoin stash.

That's right, the amount of discretionary income that's folks use for their DCA is what determines the size of their portfolio after 4-10 years of investing.....Folks who decides to stay within their financial capacity and are investing little amount like $10 or so are still doing something positive, but then it may be quite impossible for such a small amount to lead to financial independence within 4 years or even 10 years in some cases. Unless that person is flexible in his investment, which means that as he increases his investment amount along the way, as his income grows. Doing so increases the compounding results.

I disagree with your first line of sentence because the amount we use to invest in Bitcoin doesn't just determine the size of our portfolio but rather what determined it,  is also consistentency. How consistent or often we accumulate our Bitcoin matters because someone can have a discrestionary and be accumulating with $30 every 2 months while the next person will be accumulating  with $10 every week and at the end you will aree with me that the person accumulating often and regularly will have a better portfolio than the person accumulating every 2 months so investing in Bitcoin is not about amount but consistent and regular ( investing more often).

[yixichloro2xx]

Investment period must be 4 to 10 years, ideally after 10 years you will get enough profit that will make you financially independent. If Bitcoin keep repeating it's cycle after every 4 years, then even 4 years investment plan is good enough.

There's no guarantee that investing in bitcoin for ten years will give you enough profit, talkmore of making you financially independent because profit is not guaranteed since the future is full of uncertainty even though, the price of bitcoin moving uptrend is higher than moving downtrend.

If you invest in bitcoin for ten years, it's not enough to make you financially independent because it's the amount that you use to DCA is what will determine the size of your bitcoin portfolio and your profit. Four years isn't a guarantee that you will have accumulated a good size of bitcoin and be in profits only for those who bought aggressively and front loaded their bitcoin stash.

That's right, the amount of discretionary income that's folks use for their DCA is what determines the size of their portfolio after 4-10 years of investing.....Folks who decides to stay within their financial capacity and are investing little amount like $10 or so are still doing something positive, but then it may be quite impossible for such a small amount to lead to financial independence within 4 years or even 10 years in some cases. Unless that person is flexible in his investment, which means that as he increases his investment amount along the way, as his income grows. Doing so increases the compounding results.

Yeah it's a good idea for someone to increase his investments amount especially if their source of income increases, likewise expenses reduces or the condition of their livelihood improves. The increase must not be big or done  suddenly, it is little increases here and there add up quietly over time for example if your DCA funds is $20 per week is what you use to invest in Bitcoin and let say you now have multiple sources of income which brings high funds with that there is nothing bad in increasing your DCA funds a little, may be +$5 or $10 or more  increase . This way you still stay within your limits, and let's compounding works better. With time those steady increases can boost  ones portfolio better.

[Father111]

I will be increasing my allocation to Bitcoin accumulation to accommodate buying the dip which I will be adding to my ongoing DCA accumulation. I think it is the right thing to do before price returns above $100,000 which I expect to happen next year. A lot of us did not expect the dump in price but it happened and the only way to take advantage of it is to buy more coins and hold.

As bitcoin investors we should understand by now that market moves at any direction that it wants and not the direction that we are expecting. We should expect any market condition at any time. Dips can happen at anytime that's why bitcoin market is highly unpredictable. This minute the market is all bullish, the next minute it's bearish. So as investors we should focus in doing our accumulations and keep taking advantage of whatever market conditions that comes when we expect and when we don't expect.

In respect to ur ideas about the Bitcoin value fluctuations that there are some unforeseen parameters that may cause the change in value but however one should take advantage of the dip season to accumulate more Bitcoin in order to have a good stock of Bitcoin awaiting the bullish period when every investor should maximize profits and return on investments.

[SmartCharpa]

I will be increasing my allocation to Bitcoin accumulation to accommodate buying the dip which I will be adding to my ongoing DCA accumulation. I think it is the right thing to do before price returns above $100,000 which I expect to happen next year. A lot of us did not expect the dump in price but it happened and the only way to take advantage of it is to buy more coins and hold.

As bitcoin investors we should understand by now that market moves at any direction that it wants and not the direction that we are expecting. We should expect any market condition at any time. Dips can happen at anytime that's why bitcoin market is highly unpredictable. This minute the market is all bullish, the next minute it's bearish. So as investors we should focus in doing our accumulations and keep taking advantage of whatever market conditions that comes when we expect and when we don't expect.

Of course, that is the best thing to do as an investor, the market does not move with our permission, the market changes the way it like, we cannot expect the market to change as we expect. Many investors look very disappoint after the market hit a new ATH and fail to go above what they expected, but as a investor who has been holding for a long time, we should not be discouraged with any market conditions, at least take advantage of every market condition to buy more.

Nobody can tell Bitcoin next move, so we should expect the price to fall or rise at any time. When the price reached above $120k this year, many people predicted that it would go higher than that this year, but the year is almost end, and the price is around $90k, it’s a bad idea to believe whoever think they know the next move of the market. As a real investor, buy your thing gradually, if any dip happen, take the advantage of it and enjoy your journey.

[Silverstonez]

If your goal is merely to get into bitcoin and then get out of bitcoin in 5 years, that hardly makes any sense to me.  If you are getting in and then getting out, what are you getting out for?  Are you consuming? or investing into something else?  what is better than bitcoin in terms of investment?  As far as consumption, there is nothing wrong with consumption, yet if you had spent 5 years or more building up your bitcoin, would you just consume it all at once or allow it to continue to grow and perhaps consume it at a pace that might be similar (or perhaps slower) than the pace that you had put value into it?

It seems to me that anyone who plans to invest into bitcoin could think about holding bitcoin for life and starting to sustainably withdraw, yet they have to come to such a determination, and if they were to do that, then they have to get their bitcoin size to a large enough level that their sustainable withdrawal amount is significant to their life, whether the amount of value that they built up is to supplement their income from other sources of income that they might have or maybe they want their income from their bitcoin to completely replace all of their other sources of income so that they don't have to work anymore or to rely upon other income sources?  There is probably no exactly correct solution, even though guys can likely tailor their approach to their own income and expenses situation (their preferred standard of living).

If you are merely planning to get in and out of bitcoin, then that seems more like trading than investment to me, even if your timeline might be longer such as 5 years.  Consider what is your purpose in bitcoin.  Do you consider it a life time investment or something that you are just getting in and out of?

Of course, even if you invest in bitcoin or anything else, you could end up changing your mind about the strength of the investment thesis, and when you first get into bitcoin, you might not even be sure why you were investing in bitcoin and/or you might not know exactly what bitcoin is, yet the longer that you invest into bitcoin , you may well continue to learn about bitcoin, so then with the passage of time, you are learning more and more about bitcoin and you might become more convicted or less convicted about staying in bitcoin and you might adjust your bitcoin position size based on your further study of bitcoin and your learning more about it.

Not everyone is going to want to commit to bitcoin in a longer term sense or a lifetime sense, so hopefully you adjust your position size in accordance with your views about bitcoin as compared with other places that you could put your time, energy and value.

There are plenty of people who got into bitcoin early, maybe even more than 10 years ago, yet as they invested into bitcoin, they decided to sell all of their bitcoin, and now, these days, they are low coiners or no coiners and regretting that they sold too much bitcoin too soon... and maybe they consumed with it or maybe they just got the cash or maybe they invested into something else, and they are not necessarily happy with their having had gotten in and out of bitcoin rather than figuring out ways to keep bitcoin as a lifetime investment that they either keep building or they might start to withdraw from it (in a sustainable way) once they reached an accumulation size that fits a level of income that they would like to have had gotten from their bitcoin.  

It is quite disappointing that someone person's here are still seeing Bitcoin as a garbage in and a garbage out investment after all the knowledge they have gathered so far from this forum, and from this thread precisely.

And  frankly speaking all the things you just said here sir JJG makes a lot of sense, that's why I have to agree with all them. Because it doesn't make sense whereby someone is just investing in bitcoin with the mindset  of garbaging in and garbaging out within five years or so, after knowing Bitcoin to be a store of value with potential returns investment.

See JJG, real Bitcoin investors are those folks who their mindset is to hold their Bitcoin portfolio for life time, and not just to hold for five years or so, and those folks who their mindset is to hold Bitcoin for five years or so are equally to be regarded as traders in my own opinion.

[Frankolala]

In respect to ur ideas about the Bitcoin value fluctuations that there are some unforeseen parameters that may cause the change in value but however one should take advantage of the dip season to accumulate more Bitcoin in order to have a good stock of Bitcoin awaiting the bullish period when every investor should maximize profits and return on investments.

No that is not the best way to invest in bitcoin because bitcoin price increases overtime. Don't have a trader mindset by only buying during the bear market and sell at the bull run. Profits in USD isn't what matters but having a good size of bitcoin in future is the best because bitcoin is a generational wealth.

The higher the size of your portfolio the better for you in future. A new investor should have a long-term mindset of at least 8 years and above because four years is still a premature stage for your bitcoin investment. If you sell all your bitcoin in the bull run what will you use the money for, before you know it, you might use the money for something that's not important.

Bitcoin investment is the best investment currently to invest and hodli for the future and not for quick profits because the future matters a lot to us when we are old and can't earn much for ourselves.

[ChocolateBitcoinK]

I will be increasing my allocation to Bitcoin accumulation to accommodate buying the dip which I will be adding to my ongoing DCA accumulation. I think it is the right thing to do before price returns above $100,000 which I expect to happen next year. A lot of us did not expect the dump in price but it happened and the only way to take advantage of it is to buy more coins and hold.

As bitcoin investors we should understand by now that market moves at any direction that it wants and not the direction that we are expecting. We should expect any market condition at any time. Dips can happen at anytime that's why bitcoin market is highly unpredictable. This minute the market is all bullish, the next minute it's bearish. So as investors we should focus in doing our accumulations and keep taking advantage of whatever market conditions that comes when we expect and when we don't expect.

In respect to ur ideas about the Bitcoin value fluctuations that there are some unforeseen parameters that may cause the change in value but however one should take advantage of the dip season to accumulate more Bitcoin in order to have a good stock of Bitcoin awaiting the bullish period when every investor should maximize profits and return on investments.

No attention can be paid to the ups and downs, only buying consistently is the right decision, and the most correct strategy for buying consistently is the DCA strategy. If you want to make a profit by buying and selling by going up, then this is never possible, but it will bring more losses. The market moves in a way that we can never determine, so instead of worrying about it unnecessarily, it is necessary to create a mentality of buying consistently.

[Humblevirus]

I will be increasing my allocation to Bitcoin accumulation to accommodate buying the dip which I will be adding to my ongoing DCA accumulation. I think it is the right thing to do before price returns above $100,000 which I expect to happen next year. A lot of us did not expect the dump in price but it happened and the only way to take advantage of it is to buy more coins and hold.

As bitcoin investors we should understand by now that market moves at any direction that it wants and not the direction that we are expecting. We should expect any market condition at any time. Dips can happen at anytime that's why bitcoin market is highly unpredictable. This minute the market is all bullish, the next minute it's bearish. So as investors we should focus in doing our accumulations and keep taking advantage of whatever market conditions that comes when we expect and when we don't expect.

For anyone that understands that Bitcoin is unpredictable, they will always be ready for any challenges that will come, and that is why they will never invest more than what they can afford to lose.the point is that Bitcoin can’t always be bullish, and it can’t also be down forever. That is why any opportunity that an investor sees needs to be made use of, after seeing enough proof and identifying the best opportunity to buy Bitcoin.Currently, some people are confused about whether they should buy now or wait, since Bitcoin seems to be in the same price range for some time now. People don’t know whether we are still in a bull run or about to enter a bear market.But that should not be an investor’s main concern. What they need to focus on is accumulating, because they can never truly predict Bitcoin.

[Lembo69]

With this your mindset and mentality, you will hardly invest in Bitcoin because you will always want your money or your source of income to be so big or huge before you can start your investment but I want to tell you for free that it is not true and that is not how Bitcoin works, you don't need a stable source of income before you can start investing in Bitcoin. This particular issue has been taken care of since in this thread Maybe you didn't go through some of the post here and if you take your time and go through it I promise you will learn a lot and perhaps, put off this your mentality because it won't help you and it is not true.

Yes, you are absolutely right that Bitcoin investment does not require a stable income, it can be invested even if there is no stable income. But you probably also know that if someone has a stable income, their morale towards investment is stronger. Think with conscience, not emotion, friend.

If you want to strengthen your investment and want to survive in investment without looking back, then it is much easier for you if you have a stable income. But it is not that you must have a stable source of income. I just want to say that if you have a stable income, then how easy it becomes for you to invest in Bitcoin.

A stable source of income plays a huge role in long-term investment. From this income, you can create your emergency fund, which will make it easier for you to invest. After that, if you want, you can also create a prudent source of income, you just have to try and be patient.

You are also right that investment does not require a stable income, I agree with this. It really does not. The most important thing for a new investor is to start investing. However, many people are confused in the new situation, how to start, where to start. The best thing for them is to observe the posts of the experts in the forum.

Because many people wait to make their source of income so big that it is too late to start investing in the end. However, those who really want to invest can start it from any financial situation.

Many people think, I don't know anything about investing, how can I become an expert in Bitcoin investing? For them, I just want to say this: investing in Bitcoin is not difficult at all. Rather, after starting investing, you will gradually learn everything and understand the market well.

But of course, have a long-term investment plan, which creates the possibility of getting something good in the future.

[durg0319]

I will be increasing my allocation to Bitcoin accumulation to accommodate buying the dip which I will be adding to my ongoing DCA accumulation. I think it is the right thing to do before price returns above $100,000 which I expect to happen next year. A lot of us did not expect the dump in price but it happened and the only way to take advantage of it is to buy more coins and hold.

As bitcoin investors we should understand by now that market moves at any direction that it wants and not the direction that we are expecting. We should expect any market condition at any time. Dips can happen at anytime that's why bitcoin market is highly unpredictable. This minute the market is all bullish, the next minute it's bearish. So as investors we should focus in doing our accumulations and keep taking advantage of whatever market conditions that comes when we expect and when we don't expect.

For anyone that understands that Bitcoin is unpredictable, they will always be ready for any challenges that will come, and that is why they will never invest more than what they can afford to lose.the point is that Bitcoin can’t always be bullish, and it can’t also be down forever. That is why any opportunity that an investor sees needs to be made use of, after seeing enough proof and identifying the best opportunity to buy Bitcoin.Currently, some people are confused about whether they should buy now or wait, since Bitcoin seems to be in the same price range for some time now. People don’t know whether we are still in a bull run or about to enter a bear market.But that should not be an investor’s main concern. What they need to focus on is accumulating, because they can never truly predict Bitcoin.

The real issue is how people try think or predict every move. Perfect timing doesn't work on Bitcoin, what matters most is about staying calm and consistent . Trying guess a bull or bear market only waste your time and make do nothing or making rushed choices. What matters more is your steady approach, buying with what you can afford and stick with it. With that it makes someone to focus his long term goals.

[PhilosopherKing]

The real issue is how people try think or predict every move. Perfect timing doesn't work on Bitcoin, what matters most is about staying calm and consistent . Trying guess a bull or bear market only waste your time and make do nothing or making rushed choices. What matters more is your steady approach, buying with what you can afford and stick with it. With that it makes someone to focus his long term goals.

So hilarious, if perfectly timing the market was possible then lots of people would have been fuckingly rich by now. So any fellow that keep thinking they can time the market are bunch of dumb traders and profits hunter who are fooling themselves. And that mindset of trying to outsmart the market always end up is pure disaster, and it can never build wealth, it will only create stress, pressure and lots of bad decisions. I know very well that to time the market is not possible, so I do my DCA, by buying the amount I can buy.

[Proty]

The real issue is how people try think or predict every move. Perfect timing doesn't work on Bitcoin, what matters most is about staying calm and consistent . Trying guess a bull or bear market only waste your time and make do nothing or making rushed choices. What matters more is your steady approach, buying with what you can afford and stick with it. With that it makes someone to focus his long term goals.

So hilarious, if perfectly timing the market was possible then lots of people would have been fuckingly rich by now. So any fellow that keep thinking they can time the market are bunch of dumb traders and profits hunter who are fooling themselves. And that mindset of trying to outsmart the market always end up is pure disaster, and it can never build wealth, it will only create stress, pressure and lots of bad decisions. I know very well that to time the market is not possible, so I do my DCA, by buying the amount I can buy.

Trying to time the market is just like trying to predict what will happen tomorrow, which I believe no one can predict the future. However people may try to do so by the evidence they have or information they have gathered. Same thing is also applicable in trading, it is not possible to time the market correctly at all time.
What most of this traders does is to try to speculate the market based on past bitcoin history.

[ejikeme24]

It is quite disappointing that someone person's here are still seeing Bitcoin as a garbage in and a garbage out investment after all the knowledge they have gathered so far from this forum, and from this thread precisely.

I think you're the one that is seeing Bitcoin as garbage here, because you're actually the first person to make such statement. For your information no one has ever said that, maybe you might have heard it else where but not here because everyone here is still speaking good about Bitcoin unless those who are still new to Bitcoin that would see it as garbage. If you see Bitcoin as garbage then what will you say about other investment? Because Bitcoin investment is more real than every other investment as it stands.

[JayJuanGee]

Investment period must be 4 to 10 years, ideally after 10 years you will get enough profit that will make you financially independent. If Bitcoin keep repeating it's cycle after every 4 years, then even 4 years investment plan is good enough.

There's no guarantee that investing in bitcoin for ten years will give you enough profit, talkmore of making you financially independent because profit is not guaranteed since the future is full of uncertainty even though, the price of bitcoin moving uptrend is higher than moving downtrend.

If you invest in bitcoin for ten years, it's not enough to make you financially independent because it's the amount that you use to DCA is what will determine the size of your bitcoin portfolio and your profit. Four years isn't a guarantee that you will have accumulated a good size of bitcoin and be in profits only for those who bought aggressively and front loaded their bitcoin stash.

That's right, the amount of discretionary income that's folks use for their DCA is what determines the size of their portfolio after 4-10 years of investing.....Folks who decides to stay within their financial capacity and are investing little amount like $10 or so are still doing something positive, but then it may be quite impossible for such a small amount to lead to financial independence within 4 years or even 10 years in some cases. Unless that person is flexible in his investment, which means that as he increases his investment amount along the way, as his income grows. Doing so increases the compounding results.

I disagree with your first line of sentence because the amount we use to invest in Bitcoin doesn't just determine the size of our portfolio but rather what determined it,  is also consistentency. How consistent or often we accumulate our Bitcoin matters because someone can have a discrestionary and be accumulating with $30 every 2 months while the next person will be accumulating  with $10 every week and at the end you will aree with me that the person accumulating often and regularly will have a better portfolio than the person accumulating every 2 months so investing in Bitcoin is not about amount but consistent and regular ( investing more often).

Of course there is value in consistency and regularity, and there is also value in how much a person is actually able to put in - since if a person is able to front load his investment from early on, then he might not need to invest as much at later points.

So if two persons had $20k in their budget over a period of 4 years, yet one person front loads his investment with nearly half in the beginning and then he sporadically invests the other half over the next 4 years, he might still do better than the guy who invests $100 per week over 4 years... There can be value in front loading, even though front loading can be problematic if it is done at the top of cycle.

If we go back 4 years, we are at the top of the 2021 cycle, so any guy frontloading would have had done better to frontload between mid-2022 and late 2023 rather than in late 2021 or even early 2022.

I do personally like the idea of consistency, yet some folks have irregular cashflow situations.. They have irregular income and/or irregular expenses, and maybe they have troubles to invest in a consistent way.. So in those situations guys might invest as consistently as they are able to, even accounting for possible gaps or changes in the amounts that they might invest from time to time..

[Xackie]

With this your mindset and mentality, you will hardly invest in Bitcoin because you will always want your money or your source of income to be so big or huge before you can start your investment but I want to tell you for free that it is not true and that is not how Bitcoin works, you don't need a stable source of income before you can start investing in Bitcoin. This particular issue has been taken care of since in this thread Maybe you didn't go through some of the post here and if you take your time and go through it I promise you will learn a lot and perhaps, put off this your mentality because it won't help you and it is not true.

Yes, you are absolutely right that Bitcoin investment does not require a stable income, it can be invested even if there is no stable income. But you probably also know that if someone has a stable income, their morale towards investment is stronger. Think with conscience, not emotion, friend.

If you want to strengthen your investment and want to survive in investment without looking back, then it is much easier for you if you have a stable income. But it is not that you must have a stable source of income. I just want to say that if you have a stable income, then how easy it becomes for you to invest in Bitcoin.

A stable source of income plays a huge role in long-term investment. From this income, you can create your emergency fund, which will make it easier for you to invest. After that, if you want, you can also create a prudent source of income, you just have to try and be patient.

You are also right that investment does not require a stable income, I agree with this. It really does not. The most important thing for a new investor is to start investing. However, many people are confused in the new situation, how to start, where to start. The best thing for them is to observe the posts of the experts in the forum.

Because many people wait to make their source of income so big that it is too late to start investing in the end. However, those who really want to invest can start it from any financial situation.

Many people think, I don't know anything about investing, how can I become an expert in Bitcoin investing? For them, I just want to say this: investing in Bitcoin is not difficult at all. Rather, after starting investing, you will gradually learn everything and understand the market well.

But of course, have a long-term investment plan, which creates the possibility of getting something good in the future.

You are right, having a stable income make it easier and less stressful to invest in bitcoin. It helps in building emergency funds and also give someone confidence when investing. I do agree with you about someone waiting for the perfect income, this can really delay progress and make someone miss opportunities . Rather start small with the little amount you have, keep doing it consistently. This compounds your holdings over time.

[LGD2Business]

If your goal is merely to get into bitcoin and then get out of bitcoin in 5 years, that hardly makes any sense to me.  If you are getting in and then getting out, what are you getting out for?  Are you consuming? or investing into something else?  what is better than bitcoin in terms of investment?  As far as consumption, there is nothing wrong with consumption, yet if you had spent 5 years or more building up your bitcoin, would you just consume it all at once or allow it to continue to grow and perhaps consume it at a pace that might be similar (or perhaps slower) than the pace that you had put value into it?

In my opinion, people who think this way generally only aim to make money in the short term and spend it. They don't think about what they will do 20-30 years from now, nor are they interested in creating a generational wealth. They simply think about making money during a certain period of their lives and spending it.
In my view, this is a major mistake. Unless you are over 60 and don't have anyone to leave your inheritance to, this isn't a sensible plan. There doesn't seem to be any investment tool that will outperform Bitcoin in the long term. At least the last 15-16 years have shown us that. You might be able to find and make other investments that preserve the value of your money, but the best way to increase it is still Bitcoin.

[Gallar]

That's right, the amount of discretionary income that's folks use for their DCA is what determines the size of their portfolio after 4-10 years of investing.....Folks who decides to stay within their financial capacity and are investing little amount like $10 or so are still doing something positive, but then it may be quite impossible for such a small amount to lead to financial independence within 4 years or even 10 years in some cases. Unless that person is flexible in his investment, which means that as he increases his investment amount along the way, as his income grows. Doing so increases the compounding results.

Performing a DCA on Bitcoin using $10, and accumulating it once a week, I think it would still yield a pretty good return. Because there are 44 weeks in a year, and if you multiply that by 10 years, that's 440 weeks. So, if you invest $10 per week in Bitcoin, consistently for 10 years, you'll have invested around $4,400. So, if Bitcoin continues to rise in price and reaches new highs over the course of two cycles, that amount could certainly multiply. So, I think that's quite a good deal, especially for people living in countries with a relatively low cost of living. That's why I'm personally quite optimistic and support anyone investing in Bitcoin, even with a small amount. Essentially, it will help them improve their financial well-being in the future.

[JayJuanGee]

That's right, the amount of discretionary income that's folks use for their DCA is what determines the size of their portfolio after 4-10 years of investing.....Folks who decides to stay within their financial capacity and are investing little amount like $10 or so are still doing something positive, but then it may be quite impossible for such a small amount to lead to financial independence within 4 years or even 10 years in some cases. Unless that person is flexible in his investment, which means that as he increases his investment amount along the way, as his income grows. Doing so increases the compounding results.

Performing a DCA on Bitcoin using $10, and accumulating it once a week, I think it would still yield a pretty good return. Because there are 44 weeks in a year, and if you multiply that by 10 years, that's 440 weeks. So, if you invest $10 per week in Bitcoin, consistently for 10 years, you'll have invested around $4,400. So, if Bitcoin continues to rise in price and reaches new highs over the course of two cycles, that amount could certainly multiply. So, I think that's quite a good deal, especially for people living in countries with a relatively low cost of living. That's why I'm personally quite optimistic and support anyone investing in Bitcoin, even with a small amount. Essentially, it will help them improve their financial well-being in the future.

You have a funny calendar.. so it might throw off your ability to do proper math.

There are 52 weeks in a year.

Which means that a person investing $10 per week will invest $520 over 1 year and $5,200 over 10 years.

We might be able to suggest that income might go up in 10 years.. so perhaps ability to invest more into bitcoin might get easier once a system of investing into bitcoin is put in place and practiced on a weekly basis.