Buy Buy Buy or Sell Sell Sell?

[MissNonFall9]

Income plays a very important role in Bitcoin investment, but we shouldn't make it seem as if it is all about income and that you must have a good income first before you can buy Bitcoin. The most important thing to know is that irrespective of the income you make, you can still afford to buy Bitcoin.

If you think income is all you need and that the little income you have is too small for you to afford Bitcoin, there is a possibility that even if you increase your income, you may still not be able to afford to buy Bitcoin. This is because as your income increases, your demands also increase, and you will realize that you still struggle to buy Bitcoin. This is why I think buying Bitcoin has to do with mentality, good management of income, and not just about having the income only.

Investing in Bitcoin should be viewed simply without any complications. So when a person has the remaining money after meeting all family expenses, it is possible to invest in Bitcoin. Initially, that investment may be small, it does not matter. The point is how we see Bitcoin and investing in Bitcoin, as you said, investment mentality. So those who see the income issue as too big for investing in Bitcoin or delay investment for any reason are actually people with a negative mindset about investing in Bitcoin. So it must be said that as soon as we see that we have discretionary income, we should start investing without any kind of delay.

Starting small is not a crime in fact, it helps you gain control of the entire accumulate system and when you're more comfortable with bitcoin you can increase your accumulation provided your discretionary allows you to. Sometimes a lot of folks who have doubts and are not comfortable with accumulating bitcoin might feel like starting with a slow momentum, well that's fine for a start, the most important thing is that they've already started making investment in bitcoin, as time goes on they might get the urge to increase their inputs after discovering from experience and probably learn more about bitcoin.
Small start aren't neglected so long as bitcoin is concerned, and even if that's the persons financial capacity it is still fine to do what wouldn't put them in panic mood.

Like you, I think starting from nothing (even if it's a small amount) is a very important step. Those who consider it negligence are actually indifferent to the possibilities of investing in Bitcoin. Many people think that the right time to invest in Bitcoin has not yet come. But the perfect time to start any work will not come in this short time of life. Therefore, when a person thinks about investing in Bitcoin, he should calculate his income (find out the discretionary income) and invest. However, if an investor adopts the DCA method (can be monthly or weekly) in the initial stage, it will be a very excellent step for him.

[Regardme]

Income plays a very important role in Bitcoin investment, but we shouldn't make it seem as if it is all about income and that you must have a good income first before you can buy Bitcoin. The most important thing to know is that irrespective of the income you make, you can still afford to buy Bitcoin.

If you think income is all you need and that the little income you have is too small for you to afford Bitcoin, there is a possibility that even if you increase your income, you may still not be able to afford to buy Bitcoin. This is because as your income increases, your demands also increase, and you will realize that you still struggle to buy Bitcoin. This is why I think buying Bitcoin has to do with mentality, good management of income, and not just about having the income only.

Investing in Bitcoin should be viewed simply without any complications. So when a person has the remaining money after meeting all family expenses, it is possible to invest in Bitcoin. Initially, that investment may be small, it does not matter. The point is how we see Bitcoin and investing in Bitcoin, as you said, investment mentality. So those who see the income issue as too big for investing in Bitcoin or delay investment for any reason are actually people with a negative mindset about investing in Bitcoin. So it must be said that as soon as we see that we have discretionary income, we should start investing without any kind of delay.

Starting small is not a crime in fact, it helps you gain control of the entire accumulate system and when you're more comfortable with bitcoin you can increase your accumulation provided your discretionary allows you to. Sometimes a lot of folks who have doubts and are not comfortable with accumulating bitcoin might feel like starting with a slow momentum, well that's fine for a start, the most important thing is that they've already started making investment in bitcoin, as time goes on they might get the urge to increase their inputs after discovering from experience and probably learn more about bitcoin.
Small start aren't neglected so long as bitcoin is concerned, and even if that's the persons financial capacity it is still fine to do what wouldn't put them in panic mood.

As a newbie, starting small isn’t bad, I think it’s one of the safest way to begin knowing that bitcoin is a volatile asset. That will help you get comfortable with the market behavior, understand how bitcoin works and holding through for a long term, therefore reducing panic. Once the habits and convictions are there, growing your portfolio becomes effortless if finance allows it. I would say, that bitcoin investment isn’t just by how much one put into it, rather about staying in the game and being able to hold for a long term until heavy lifting.

[Gost ms]

If you are trying to make money through your investing, you are trading, not investing.

Perhaps if you can figure out ways to earn income and to support yourself from your income, then you don't have to worry about earning money from your investment until later down the road.. perhaps after a couple of cycles of investing into bitcoin.

Sir JJG I disagree with you on this one, no one going into an investment won’t have the intention of making money, everyone that is going into an investment is doing that so he or she can make profit, it could be immediately or in the future but the main goal is to make profit, so saying if someone is trying to make money through his or her investment is a trader is wrong, if you know and you are 100% sure that bitcoin won’t give you profit in the future why did you invest in bitcoin? And again why did you decide not to invest in shitcoin I believe because you don’t want to waste your money and you know you may not get profit from it. So when it comes to investment profits will always be in your mind whether you like it or not however that those not mean your total focus should be on profit making your focus should be on building the investment and making it stronger the benefit of your dedication, commitment and hard work will come later.

Yeah if you have a very good source of income you won’t be bothered about your investment that those not mean you won’t think about the future profit you may get from it, the main reason why you need a good source of income and a backup funds when investing in bitcoin is so you won’t dip hands into it until you have reached an over accumulation stage.

You may be misunderstanding, @JayJuanGee sir wanted to explain that first you should find a source of income. Many people are taking some amount of money and going towards short term investment or short term investment. All their income depends on trading, who explained it to them.

Yes it is true that if a person does not have a source of income and makes short term investments and if he completely depends on his trading then he will never be able to create wealth or increase wealth. We need to first find a source of income and extract discretionary income from that income and then continue to invest continuously and hold it for the long term, when we can do that then we can be able to increase wealth.

[Hardyrobust]

Income plays a very important role in Bitcoin investment, but we shouldn't make it seem as if it is all about income and that you must have a good income first before you can buy Bitcoin. The most important thing to know is that irrespective of the income you make, you can still afford to buy Bitcoin.

If you think income is all you need and that the little income you have is too small for you to afford Bitcoin, there is a possibility that even if you increase your income, you may still not be able to afford to buy Bitcoin. This is because as your income increases, your demands also increase, and you will realize that you still struggle to buy Bitcoin. This is why I think buying Bitcoin has to do with mentality, good management of income, and not just about having the income only.

Investing in Bitcoin should be viewed simply without any complications. So when a person has the remaining money after meeting all family expenses, it is possible to invest in Bitcoin. Initially, that investment may be small, it does not matter. The point is how we see Bitcoin and investing in Bitcoin, as you said, investment mentality. So those who see the income issue as too big for investing in Bitcoin or delay investment for any reason are actually people with a negative mindset about investing in Bitcoin. So it must be said that as soon as we see that we have discretionary income, we should start investing without any kind of delay.

Starting small is not a crime in fact, it helps you gain control of the entire accumulate system and when you're more comfortable with bitcoin you can increase your accumulation provided your discretionary allows you to. Sometimes a lot of folks who have doubts and are not comfortable with accumulating bitcoin might feel like starting with a slow momentum, well that's fine for a start, the most important thing is that they've already started making investment in bitcoin, as time goes on they might get the urge to increase their inputs after discovering from experience and probably learn more about bitcoin.
Small start aren't neglected so long as bitcoin is concerned, and even if that's the persons financial capacity it is still fine to do what wouldn't put them in panic mood.

Like you, I think starting from nothing (even if it's a small amount) is a very important step. Those who consider it negligence are actually indifferent to the possibilities of investing in Bitcoin. Many people think that the right time to invest in Bitcoin has not yet come. But the perfect time to start any work will not come in this short time of life. Therefore, when a person thinks about investing in Bitcoin, he should calculate his income (find out the discretionary income) and invest. However, if an investor adopts the DCA method (can be monthly or weekly) in the initial stage, it will be a very excellent step for him.

There is nothing wrong if someone decides to start investing in bitcoin with a small amount. Most of the whales we are hearing today started accumulating bitcoin with a smaller amount. So it is not a must to start with a huge amount, there are people that may even have a lump sum but may choose to start small. Consistentenecy play a big role in building ones portfolio in bitcoin, if an investor is buying bitcoin consistently even with a smaller amount they can be able to stack a reasonable amount over time.

[I_Anime]

There is nothing wrong if someone decides to start investing in bitcoin with a small amount. Most of the whales we are hearing today started accumulating bitcoin with a smaller amount. So we must start with a huge amount, there are people that may even have a lump sum but may choose to start small. Consistentenecy play a big role in building ones portfolio in bitcoin, if an investor is buying bitcoin consistently even with a smaller amount they can be able to stack a reasonable amount over time.[/quote]

That’s true starting small doesn’t mean you won’t grow with time , many actually choose to start small while some just had to start small due to not having enough cashflow . Starting small doesn’t mean your earning will be stagnant, with time many tend to scale up , and the reason why some choose to start small is because some folks want to understand what they are going into before going in aggressively.

[ASloveapg]

Income plays a very important role in Bitcoin investment, but we shouldn't make it seem as if it is all about income and that you must have a good income first before you can buy Bitcoin. The most important thing to know is that irrespective of the income you make, you can still afford to buy Bitcoin.

If you think income is all you need and that the little income you have is too small for you to afford Bitcoin, there is a possibility that even if you increase your income, you may still not be able to afford to buy Bitcoin. This is because as your income increases, your demands also increase, and you will realize that you still struggle to buy Bitcoin. This is why I think buying Bitcoin has to do with mentality, good management of income, and not just about having the income only.

Investing in Bitcoin should be viewed simply without any complications. So when a person has the remaining money after meeting all family expenses, it is possible to invest in Bitcoin. Initially, that investment may be small, it does not matter. The point is how we see Bitcoin and investing in Bitcoin, as you said, investment mentality. So those who see the income issue as too big for investing in Bitcoin or delay investment for any reason are actually people with a negative mindset about investing in Bitcoin. So it must be said that as soon as we see that we have discretionary income, we should start investing without any kind of delay.

Starting small is not a crime in fact, it helps you gain control of the entire accumulate system and when you're more comfortable with bitcoin you can increase your accumulation provided your discretionary allows you to. Sometimes a lot of folks who have doubts and are not comfortable with accumulating bitcoin might feel like starting with a slow momentum, well that's fine for a start, the most important thing is that they've already started making investment in bitcoin, as time goes on they might get the urge to increase their inputs after discovering from experience and probably learn more about bitcoin.
Small start aren't neglected so long as bitcoin is concerned, and even if that's the persons financial capacity it is still fine to do what wouldn't put them in panic mood.

Like you, I think starting from nothing (even if it's a small amount) is a very important step. Those who consider it negligence are actually indifferent to the possibilities of investing in Bitcoin. Many people think that the right time to invest in Bitcoin has not yet come. But the perfect time to start any work will not come in this short time of life. Therefore, when a person thinks about investing in Bitcoin, he should calculate his income (find out the discretionary income) and invest. However, if an investor adopts the DCA method (can be monthly or weekly) in the initial stage, it will be a very excellent step for him.

If a person is in a position where he has the ability to continue investing consistently, then he should start without delay. Starting with small amounts gradually builds investment experience. However, starting is not enough. One should increase knowledge about the basics as soon as one starts. Mistakes can be made in investing, but there is an opportunity to learn from those mistakes. Smart investors learn from mistakes. Investing in small amounts does not cause stress and is not affected by short-term fluctuations, due to which an investor can learn while continuing to invest in small amounts. Therefore, it is only through patience, regular investment and realistic expectations that an investor can be in a good position in the long run.

[yixichloro2xx]

Income plays a very important role in Bitcoin investment, but we shouldn't make it seem as if it is all about income and that you must have a good income first before you can buy Bitcoin. The most important thing to know is that irrespective of the income you make, you can still afford to buy Bitcoin.

If you think income is all you need and that the little income you have is too small for you to afford Bitcoin, there is a possibility that even if you increase your income, you may still not be able to afford to buy Bitcoin. This is because as your income increases, your demands also increase, and you will realize that you still struggle to buy Bitcoin. This is why I think buying Bitcoin has to do with mentality, good management of income, and not just about having the income only.

Investing in Bitcoin should be viewed simply without any complications. So when a person has the remaining money after meeting all family expenses, it is possible to invest in Bitcoin. Initially, that investment may be small, it does not matter. The point is how we see Bitcoin and investing in Bitcoin, as you said, investment mentality. So those who see the income issue as too big for investing in Bitcoin or delay investment for any reason are actually people with a negative mindset about investing in Bitcoin. So it must be said that as soon as we see that we have discretionary income, we should start investing without any kind of delay.

Starting small is not a crime in fact, it helps you gain control of the entire accumulate system and when you're more comfortable with bitcoin you can increase your accumulation provided your discretionary allows you to. Sometimes a lot of folks who have doubts and are not comfortable with accumulating bitcoin might feel like starting with a slow momentum, well that's fine for a start, the most important thing is that they've already started making investment in bitcoin, as time goes on they might get the urge to increase their inputs after discovering from experience and probably learn more about bitcoin.
Small start aren't neglected so long as bitcoin is concerned, and even if that's the persons financial capacity it is still fine to do what wouldn't put them in panic mood.

Like you, I think starting from nothing (even if it's a small amount) is a very important step. Those who consider it negligence are actually indifferent to the possibilities of investing in Bitcoin. Many people think that the right time to invest in Bitcoin has not yet come. But the perfect time to start any work will not come in this short time of life. Therefore, when a person thinks about investing in Bitcoin, he should calculate his income (find out the discretionary income) and invest. However, if an investor adopts the DCA method (can be monthly or weekly) in the initial stage, it will be a very excellent step for him.

There is nothing wrong if someone decides to start investing in bitcoin with a small amount. Most of the whales we are hearing today started accumulating bitcoin with a smaller amount. So we must start with a huge amount, there are people that may even have a lump sum but may choose to start small. Consistentenecy play a big role in building ones portfolio in bitcoin, if an investor is buying bitcoin consistently even with a smaller amount they can be able to stack a reasonable amount over time.

You are right , that's what alot of people still misunderstand when it comes to Bitcoin investments. They feel that bitcoin is something that you will need big for, before you can actually invest. They look at it current price and feel that it's enormous, which makes feels like it's only for the Rich. Starting small is the best way to familiarize your self with Bitcoin, so when you start getting more higher income you can then increase the amount of your Discretionary income.  You are right Consistency shapes how your Bitcoin investments will be, if you keep accumulating with that small amount time to time , you will surely holding something good in the long run. Also when it comes to lump, I don't really advise newbies to do that, but can do it later in when they are already accumulating through DCA and have built their knowledge along the way.

[Joeboy]

~snip~

Sir JJG I disagree with you on this one, no one going into an investment won’t have the intention of making money, everyone that is going into an investment is doing that so he or she can make profit, it could be immediately or in the future but the main goal is to make profit, so saying if someone is trying to make money through his or her investment is a trader is wrong, if you know and you are 100% sure that bitcoin won’t give you profit in the future why did you invest in bitcoin? And again why did you decide not to invest in shitcoin I believe because you don’t want to waste your money and you know you may not get profit from it. So when it comes to investment profits will always be in your mind whether you like it or not however that those not mean your total focus should be on profit making your focus should be on building the investment and making it stronger the benefit of your dedication, commitment and hard work will come later.

Yeah if you have a very good source of income you won’t be bothered about your investment that those not mean you won’t think about the future profit you may get from it, the main reason why you need a good source of income and a backup funds when investing in bitcoin is so you won’t dip hands into it until you have reached an over accumulation stage.

If this statement was made by a newbie account, I probably would have understood it more easily, but I am very much surprised it is coming from a Hero Member, c'mon, you should have known that profit-Mindedness is very risky and that's coz it can drive folks into timing and eventually trading their Bitcoin at a worst possible time, which could even be earlier than they originally planned.... And that's the central reason why profit shouldn't be the driving force behind your investment.. Infact truth be told long term investment is very impossible when someone mind is constantly about making profit from his Bitcoin investment....But then again, it's your choice to approach your investment however you deem fit...

Then talking about the reasons for investment, there are countless numbers of reasons other than profits, why folks invest in Bitcoin... For example, some folks invest in Bitcoin to preserve their wealth due to inflation and currency devaluation.. Some other invest in Bitcoin due to the sovereignty and control that is gotten from holding the asset... Some also invest due to its decentralization as well as the uncertainty that surround fiat currency...

You may be misunderstanding, @JayJuanGee sir wanted to explain that first you should find a source of income. Many people are taking some amount of money and going towards short term investment or short term investment. All their income depends on trading, who explained it to them.

Yes it is true that if a person does not have a source of income and makes short term investments and if he completely depends on his trading then he will never be able to create wealth or increase wealth. We need to first find a source of income and extract discretionary income from that income and then continue to invest continuously and hold it for the long term, when we can do that then we can be able to increase wealth.

Kickstarting your investment doesn't necessarily mean that you must have a source of income....The prerequisite for investment is having a discretionary income... Discretionary income dosen't necessarily have to come from a source of income, it can from various other means like savings, gifts, rewards, Allowance, etc...

[ejikeme24]

Sometimes a lot of folks who have doubts and are not comfortable with accumulating bitcoin might feel like starting with a slow momentum, well that's fine for a start, the most important thing is that they've already started making investment in bitcoin, as time goes on they might get the urge to increase their inputs after discovering from experience and probably learn more about bitcoin.
Small start aren't neglected so long as bitcoin is concerned, and even if that's the persons financial capacity it is still fine to do what wouldn't put them in panic mood.

I feel that's the best way to get started since they are still having some doubt, it's better they give it a trial by going with small amount rather than walking away, because there are folks who have doubts and then decided to walk away but that's not the right way to go about things like that, when I see people being so optimistic about something first I might doubt it reason been that it's actually my first time of hearing such but it can't stop me from trying with little amount just to get myself involve, it's better to get involve with little than not involving yourself at all because you may not have something to say if the stuff eventually work as expected.

[Mr_Brilliant$]

Like you, I think starting from nothing (even if it's a small amount) is a very important step. Those who consider it negligence are actually indifferent to the possibilities of investing in Bitcoin. Many people think that the right time to invest in Bitcoin has not yet come. But the perfect time to start any work will not come in this short time of life. Therefore, when a person thinks about investing in Bitcoin, he should calculate his income (find out the discretionary income) and invest. However, if an investor adopts the DCA method (can be monthly or weekly) in the initial stage, it will be a very excellent step for him.

There is nothing wrong if someone decides to start investing in bitcoin with a small amount. Most of the whales we are hearing today started accumulating bitcoin with a smaller amount. So we must start with a huge amount, there are people that may even have a lump sum but may choose to start small. Consistentenecy play a big role in building ones portfolio in bitcoin, if an investor is buying bitcoin consistently even with a smaller amount they can be able to stack a reasonable amount over time.

Starting small does not limit growth, it even help a lot of people learn the process well without too much pressure….  And consistency is what really builds a portfolio, not just the size of the first entry..

Most people who grew big in bitcoin did not rush in with everything at once, they built it step by step, then scaled up as their understanding increased..  So whether small or large, what really matters is staying consistent and being intentional with it..

[Silikiem]

Income plays a very important role in Bitcoin investment, but we shouldn't make it seem as if it is all about income and that you must have a good income first before you can buy Bitcoin. The most important thing to know is that irrespective of the income you make, you can still afford to buy Bitcoin.

If you think income is all you need and that the little income you have is too small for you to afford Bitcoin, there is a possibility that even if you increase your income, you may still not be able to afford to buy Bitcoin. This is because as your income increases, your demands also increase, and you will realize that you still struggle to buy Bitcoin. This is why I think buying Bitcoin has to do with mentality, good management of income, and not just about having the income only.

Investing in Bitcoin should be viewed simply without any complications. So when a person has the remaining money after meeting all family expenses, it is possible to invest in Bitcoin. Initially, that investment may be small, it does not matter. The point is how we see Bitcoin and investing in Bitcoin, as you said, investment mentality. So those who see the income issue as too big for investing in Bitcoin or delay investment for any reason are actually people with a negative mindset about investing in Bitcoin. So it must be said that as soon as we see that we have discretionary income, we should start investing without any kind of delay.

Starting small is not a crime in fact, it helps you gain control of the entire accumulate system and when you're more comfortable with bitcoin you can increase your accumulation provided your discretionary allows you to. Sometimes a lot of folks who have doubts and are not comfortable with accumulating bitcoin might feel like starting with a slow momentum, well that's fine for a start, the most important thing is that they've already started making investment in bitcoin, as time goes on they might get the urge to increase their inputs after discovering from experience and probably learn more about bitcoin.
Small start aren't neglected so long as bitcoin is concerned, and even if that's the persons financial capacity it is still fine to do what wouldn't put them in panic mood.

Like you, I think starting from nothing (even if it's a small amount) is a very important step. Those who consider it negligence are actually indifferent to the possibilities of investing in Bitcoin. Many people think that the right time to invest in Bitcoin has not yet come. But the perfect time to start any work will not come in this short time of life. Therefore, when a person thinks about investing in Bitcoin, he should calculate his income (find out the discretionary income) and invest. However, if an investor adopts the DCA method (can be monthly or weekly) in the initial stage, it will be a very excellent step for him.

It’s very simple, to find out one’s discretionary income isn’t all about making too much of calculations but what to do is when you receive an income, you need to first go and sort out all your basic financial needs and once you’re done with that, the remaining money left with you after sorting out your basic needs is what is regarded as your discretionary income which you can use to invest in bitcoin and set up your other back up funds like the emergency funds to protect your investments in times of an unexpected event.

[CageMabok]

It’s very simple, to find out one’s discretionary income isn’t all about making too much of calculations but what to do is when you receive an income, you need to first go and sort out all your basic financial needs and once you’re done with that, the remaining money left with you after sorting out your basic needs is what is regarded as your discretionary income which you can use to invest in bitcoin and set up your other back up funds like the emergency funds to protect your investments in times of an unexpected event.

Your explanation is actually quite accurate in providing a general understanding to those who are still unfamiliar with discretionary income. Some people still think about it a bit complicatedly, so they don't understand what discretionary income is. It's actually the money left over after all routine living expenses are met. The rest is about finding ways to save an emergency fund to maintain your investments over the long term, ensuring we are well-equipped to weather financial disruptions when they occur.

And by now, I think most investors who have been investing by regularly buying Bitcoin already understand this somewhat, as they're likely already using or have implemented a strategy that can support their investments over a longer period. However, for new investors who are currently looking to start buying Bitcoin and become long-term investors, it's certainly important to understand these basics to ensure a smoother journey and avoid being hindered by misguided strategies.

[cyberninja2]

Starting small does not limit growth, it even help a lot of people learn the process well without too much pressure….  And consistency is what really builds a portfolio, not just the size of the first entry..
Most people who grew big in bitcoin did not rush in with everything at once, they built it step by step, then scaled up as their understanding increased..  So whether small or large, what really matters is staying consistent and being intentional with it..

A big mistake for beginners is jumping in with large amounts. They fundamentally don't have enough knowledge about how to actually do it to improve their future growth. They still need more in-depth knowledge because otherwise what they're doing won't be something they can enjoy. They haven't fully mastered the process. Therefore it's natural for them to first approach those who truly understand this knowledge significantly. This aims to understand how to build a portfolio for beginners who are just starting out, and to develop their goals in doing so so they don't make mistakes in the process because the process they're following is correct. By approaching those who have a long-standing understanding of how to build a portfolio they can help them understand how to build a portfolio.

It is true. They seem to do it in a gradual way meaning they are not greedy in doing it and we can say that they do it little by little while understanding how to build it properly so that when they do it there will be no more mistakes in their goals but this is rare for those who come with too much ambition where they do not do it in stages because they think that by having facilities they can easily build Bitcoin that's why this often happens and is misunderstood by those who have strong facilities because in building Bitcoin I think if you don't have knowledge no matter how many facilities we have we won't be able to build the Bitcoin that we will have because everything needs a process especially the journey in building Bitcoin of course you have to have or use it in the long term so this is what makes it sometimes difficult for someone to understand how to actually build Bitcoin which is clear for those who have succeeded in building Bitcoin they also experience things like we said keep doing it in stages it's impossible to come directly it's clearly impossible to happen.

[Hewlet]

That’s true starting small doesn’t mean you won’t grow with time , many actually choose to start small while some just had to start small due to not having enough cashflow . Starting small doesn’t mean your earning will be stagnant, with time many tend to scale up , and the reason why some choose to start small is because some folks want to understand what they are going into before going in aggressively.

As basic as this sounds, if you're not ready to start investing even if it requires you to start small, You will never grow to investing with a bigger amount. There's already a saying that if you're not faithful with that which is small that you won't be faithful with that which is big and that's a key truth in getting started in ones investment. To a large extent, it's safer to start small and then increase on your accumulation amount than starting big without a clear plan and then struggling at the end.

There are people that have the resource and proper understanding to start big and still continue growing that way. That's a normal thing for the different class of investors but if you're not in that category and you're trying to get things all perfect before getting started, you will continue to procrastinate and might never invest or grow into becoming a successful investor.

[MainIbem]

That’s true starting small doesn’t mean you won’t grow with time , many actually choose to start small while some just had to start small due to not having enough cashflow . Starting small doesn’t mean your earning will be stagnant, with time many tend to scale up , and the reason why some choose to start small is because some folks want to understand what they are going into before going in aggressively.

As basic as this sounds, if you're not ready to start investing even if it requires you to start small, You will never grow to investing with a bigger amount. There's already a saying that if you're not faithful with that which is small that you won't be faithful with that which is big and that's a key truth in getting started in ones investment. To a large extent, it's safer to start small and then increase on your accumulation amount than starting big without a clear plan and then struggling at the end.

There are people that have the resource and proper understanding to start big and still continue growing that way. That's a normal thing for the different class of investors but if you're not in that category and you're trying to get things all perfect before getting started, you will continue to procrastinate and might never invest or grow into becoming a successful investor.

If such person that's waiting to start when they generate bigger discretionary fund can't manage their portfolio when the discretionary income is lesser I wonder how such person would cope with a bigger discretionary funds. Some people don't understand that starting big doesn't mean they'll be successful what matter is that the discretionary fund is available and an investor is determined to hold whatever they put into the portfolio for long-term, someone who started with a small discretionary can increase it as time goes so far the person is determined to hold for long-term.

[ruykeri]

Starting small is not a crime in fact, it helps you gain control of the entire accumulate system and when you're more comfortable with bitcoin you can increase your accumulation provided your discretionary allows you to. Sometimes a lot of folks who have doubts and are not comfortable with accumulating bitcoin might feel like starting with a slow momentum, well that's fine for a start, the most important thing is that they've already started making investment in bitcoin, as time goes on they might get the urge to increase their inputs after discovering from experience and probably learn more about bitcoin.
Small start aren't neglected so long as bitcoin is concerned, and even if that's the persons financial capacity it is still fine to do what wouldn't put them in panic mood.

Like you, I think starting from nothing (even if it's a small amount) is a very important step. Those who consider it negligence are actually indifferent to the possibilities of investing in Bitcoin. Many people think that the right time to invest in Bitcoin has not yet come. But the perfect time to start any work will not come in this short time of life. Therefore, when a person thinks about investing in Bitcoin, he should calculate his income (find out the discretionary income) and invest. However, if an investor adopts the DCA method (can be monthly or weekly) in the initial stage, it will be a very excellent step for him.

To start investing in Bitcoin, it is enough to have discretionary income. Whatever the amount it dose not matter but the truth is that  the perfect time will never come and if you wait for that, it may take a few years, in which case you will lose both opportunity and time. But before starting, it is important to know the basics. This means that having discretionary income means you have the ability. And to make it in investment , you need to know the basics. For example, if you invest keeping in mind the issues related to wallet security and the mindset that you should hold for a long time from the beginning, you will be able to learn more details in the future along with investing and gain experience. Then, over time, you will be able to make more positive decisions about investing.

[Rockson1]

If such person that's waiting to start when they generate bigger discretionary fund can't manage their portfolio when the discretionary income is lesser I wonder how such person would cope with a bigger discretionary funds. Some people don't understand that starting big doesn't mean they'll be successful what matter is that the discretionary fund is available and an investor is determined to hold whatever they put into the portfolio for long-term, someone who started with a small discretionary can increase it as time goes so far the person is determined to hold for long-term.

Waiting to start when funds are much is the reasoning of someone who is not ready to invest, Bitcoin investment is less stressful if you understand how to go about it, this few days in some other Bitcoin investment thread I keep seeing some persons saying that it is good to have a huge source of income so as to make our bitcon acumulation easy but I ask do we need huge source of income or just discreationary income that is coming from a source invest and maintain our bitcon investment, some persons keep misunderstanding this investment for no reason, I do not know why it is difficult for some people to understand that what matters is if you have a source that your discreationary income comes from, having huge source does mean anything because there are people that still with large source that can not figure out there discreationary income as such weren't able to continue with their Bitcoin acumulation as a result of poor financial management.

[Charcol]

My mindset only changed when I started learning and understanding what Bitcoin really is and how it works.
That’s why basic knowledge is important.

It is not necessary to know what Bitcoin is and how it works at the beginning of investment. Even what you said that basic knowledge is important is not the case. What is definitely needed at the beginning of investment is the discretionary income of that person. If someone has discretionary income to invest, then he can start without hesitation. Why would it be important for a person who has not started investing now to know how Bitcoin works? And it takes a long time to learn about Bitcoin. And since learning does not stop after starting investment, things that are not known can be learned along with investment. But making such mandatory conditions that must be known at the beginning of investment is misleading. If someone is made to face such mandatory conditions before starting, he may shy away from investment for fear of learning. There are many long-term investors who did not know much about Bitcoin at the beginning, they have probably learned all those things along with investment.

[Crytohillss]

Sir JJG I disagree with you on this one, no one going into an investment won’t have the intention of making money, everyone that is going into an investment is doing that so he or she can make profit, it could be immediately or in the future but the main goal is to make profit, so saying if someone is trying to make money through his or her investment is a trader is wrong, if you know and you are 100% sure that bitcoin won’t give you profit in the future why did you invest in bitcoin? And again why did you decide not to invest in shitcoin I believe because you don’t want to waste your money and you know you may not get profit from it. So when it comes to investment profits will always be in your mind whether you like it or not however that those not mean your total focus should be on profit making your focus should be on building the investment and making it stronger the benefit of your dedication, commitment and hard work will come later.
Yeah if you have a very good source of income you won’t be bothered about your investment that those not mean you won’t think about the future profit you may get from it, the main reason why you need a good source of income and a backup funds when investing in bitcoin is so you won’t dip hands into it until you have reached an over accumulation stage.

I think the profit one have from Bitcoin investment is a valid motivation for Bitcoin the real problem is when gain becomes decisions because that's where emotions and poor timing usually come first basically a lot Long term holders actually begin because they see Bitcoin as an great opportunity for financial growths they later understand the deeper value behind it decentralization inflation hedge self custody and financial freedom so I don't think profits mindedness automatically it means anybody can't hold long term it is mostly depends on patience and discipline and having the knowledge of the asset.

[Gallar]

There is nothing wrong if someone decides to start investing in bitcoin with a small amount. Most of the whales we are hearing today started accumulating bitcoin with a smaller amount. So we must start with a huge amount, there are people that may even have a lump sum but may choose to start small. Consistentenecy play a big role in building ones portfolio in bitcoin, if an investor is buying bitcoin consistently even with a smaller amount they can be able to stack a reasonable amount over time.

Yes, the point is, we shouldn't underestimate the small steps we take, and that includes investing in Bitcoin starting with a small amount. Having a desire to invest is a very good thing and deserves appreciation. Basically, people who have the desire to invest and start, even with a small amount, are clearly better than those who have large funds but don't invest. Because, in Bitcoin, whether we invest with a small or large amount, the core point remains the same: preserving the value of our money so it doesn't get eroded by inflation. Therefore, I really appreciate people who invest in Bitcoin, even with small amounts. Because it can be a good sign that someone truly cares about their wealth, even if it's not much. So, if you want to invest in Bitcoin, start now; there's no need to wait until you're rich before investing.