Road to 100k?

[Promocodeudo]

The thead was started in March and it’s been almost 6 months but bitcoin still trading between 50,000 USD to 60,000 USD so to cross 100k USD milestone for btc seems difficult in this year because the world is facing economic crisis. May be in next year this milestone will achieve by bitcoin!

I understand the market condition have made so many people to doubt the $100k target but I will not conclude that it will not happen again because bitcoin is a volatile assets that can surprise everyone if it really want to move. If there is a positive news that supports a bullish momentum, don't be surprise if bitcoin take just few weeks to reach the $100k target.

However, it is not always about bitcoin reaching $100k
 that should matter to us but what we are doing now and what will will achieve when price reaches that target. Are we making good use of the opportunity that is available in the market? This are more important things that should be our concern more than seeing bitcoin at $100k because this price will always be achieved in a matter of time.

Exactly, you have made interesting points. The 100k speculation is very achievable even this year, some people are only belittling the power of volatility of course yes it can be drastic and Bitcoin wll soar to a height beyond expectations, but yeah it will be very good and reasonable
enough to focus more on maximizing the market opportunities if we actually consider what we believe to have possibilities which is more better than prioritizing seeing Bitcoin hitting 100k without preparing for it by consistently buying more Bitcoin in our bag, the probability is the same.

For me I don't see Bitcoin hitting $100 as a big deal anymore because is already close to hitting $100k, my concern now is accumulating as many Bitcoin as possible, and I don't know why some people are seeing Bitcoin hitting $100k as a big deal maybe because they don't know about Bitcoin and the history of it's growth.
Bitcoin will hit $100k anytime soon and those who were doubting will regret.
Is better to try than to sit and procrastinate, a lot of people are good at complaining and seeing the bad at everything thing even when it's clear that is a good thing.

Yea, that's what it is, personally it is even pointless having doubt about Bitcoin reaching  $100k, despite the fluntuations, we have seen Bitcoin reach $70k plus this year so why would some person still have doubt when we all know that volatility can favour any side either pump or dump, it is an inevitable occurrence that Bitcoin will get to $100 and if am to advise anyone I will say that the best thing for any investor to be doing right now is to stop the frequent look at what the market price is saying at the moment and keep accumulatung as much as they can.
I know that people are good at panic and doubt, if an investor must excel in bitcoin investment, such investor must let go of any form of distraction hence his concentration is the future, if I may ask if an investor keep dashing his hope on bitcoin not getting to $100k, how would such investor keep accumulating when he has already given up based on the recent price, market corrections and his mindset.
I get tired when I see people complain about what they already know that it is part of the investment, if we must get what the future holds for us in respect to Bitcoin then we must keep buying because Bitcoin can reach $100k at anytime and if we keep doubting and delaying we may be disappointed by our actions when the time finally comes.

[Ruttoshi]

There are plenty of newbie bitcoin investors who are already accumulating bitcoin in the past recent years who are ONLY able to buy so much bitcoin per week, and so they will still be accumulating bitcoin once bitcoin reaches $100k and beyond.

There will also be plenty of brand new entrants to bitcoin who will be accumulating bitcoin at $100k and beyond, so there will be plenty of folks who had not been able to accumulate enough or close to enough bitcoin in the sub-$100k prices.

Perhaps thinking about accumulating as many BTC as you can in sub-$100k prices, but don't be deterred from ongoingly accumulating BTC whether BTC prices are even supra-$100k, especially if you are still in your BTC accumulation stages.

This is interesting to talk about and what you have said so far is not far from the truth. However, it is important that we understand that the past performance of Bitcoin wont indicate the future results. The decision to continue buying Bitcoin even after accumulating a good amount is an investors choice. An investor may have buy at a cheaper price months ago and still choose to buy more in the next two years without minding the price difference. To some investors there might be need for diversification based on an asset that might be a lot cheaper to buy back them or with potential like Bitcoin and it may be the choice of those investor. Am clear that the thirst for buying more Bitcoin doesn't quenches it increases more as time goes by.  

It is true that Bitcoin's past performance will not indicate future results, but we can all see that so far Bitcoin's development has shown that the asset is very good to be used as an investment for the future and everyone who has collected a number of these assets will of course continue to collect according to their abilities and it is true as you said they never mind the price because they choose to maintain it in the long term to be able to achieve future profit targets and to be able to realize our dreams in the future, we must continue to collect these assets consistently.

I disagree with your first row of statement because the said past performance of Bitcoin is the reason why some people are still making profit in Bitcoin most especially traders, they use the past performance of... Sometimes to carry out their analysis and also use it to device strategy perhaps the right statement to use should be that " some Bitcoin past performance can not indicate future result yeah" because some can not..., But you shouldn't generalized it because it's not true.

Maybe they are gaining profits from current performance by bitcoin but the question is are they sustainable? There's no guarantee on everything they do on trading so if you think they are doing good then maybe try to see their stats first. Although they are gaining but it doesn't give them any guarantee for consistent gains. But actually we can look at the past performance of bitcoin then make it as basis on our future action. There are lots of learnings to get there. Just don't stick your self on present actions since everything is good to consider if we think about investing on bitcoin.

Also it seems like you are still impressed about gains from trading, but for sure in future you provably realize that there are more better than that and its better to avoid or get out for trying your luck to gain something on any unknown matter brought by the risk brought by trading.

it seems to me that rather than understandijg the reason for the point @sotelorene is making you're attempting to emphasize more on his usage of the word "Trading" in underscoring his point. Even though we've already established a fact that for a serious investor, trading is not the best strategy to building a good portfolio it doesn't mean one can't mention trading in his statement to at least better point out what he's trying to say. The question is, do traders make use of past event to predict thier trade? The answer is yes and does it work out as predicted? The answer is that it happens at some point and don't happen at other point. It's because of what has always happened in the past after the halving that people always anticipate a bull immediately the halving has happened.

I know that as an investor you shouldn't fucose too much on past performance alone as what determines your investment approach let alone gambling with your funds through Trading but having an idea of it is not also out of place.

In as much as this thread focus more on bitcoin price and investing it’s still right we maintain the discussion here, using different words to back up an opinion is actually perfect for clearer understanding. If anyone should mention past performance in terms of keeping their investment going is common tho but, the honest truth is past performance can’t predict rightly, if anyone should start depending fully on past performance I believe it’s not healthy for their portfolio or rather why not invest using any suitable strategy of your choice and wait patiently for what’s next, it doesn’t necessarily mean bitcoin will repeat same record always IMO. If we should include traders who make use of past performance we should note trading is totally different from investing so why make comparison, secondly having an idea of different past performance is not thesame as using past performance to determine an investment growth.

Bitcoin past performance does not guarantee future results and since bitcoin is on the road to 100k, it shows that one should have trust in bitcoin and continue buying more bitcoin because it is sure that bitcoin will reach 100k and it should be a motivation for those who don't have strong believe that bitcoin price is going to skyrocket in future.

If you want to use past performance as what is motivating you to invest in bitcoin, it is not wrong but you should understand that investing in bitcoin should be done because it is worth putting some extra value into it so that if in future the past performance of bitcoin didn't play out as expected, you will not regret it. If you observe bitcoin price shooting up is not very high like the early days but still the price of bitcoin has a high possibility of going up than going down which makes it worth more investing on and hodli for long.

Trading is not a good way to increase your bitcoin and investors who are still in their bitcoin accumulation phase only needs to buy more Bitcoin and not to sell any of their bitcoin to avoid turning it into practice because you are destroying what you are building yourself.

[JayJuanGee]

The thead was started in March and it’s been almost 6 months but bitcoin still trading between 50,000 USD to 60,000 USD so to cross 100k USD milestone for btc seems difficult in this year because the world is facing economic crisis. May be in next year this milestone will achieve by bitcoin!

I understand the market condition have made so many people to doubt the $100k target but I will not conclude that it will not happen again because bitcoin is a volatile assets that can surprise everyone if it really want to move. If there is a positive news that supports a bullish momentum, don't be surprise if bitcoin take just few weeks to reach the $100k target.

However, it is not always about bitcoin reaching $100k that should matter to us but what we are doing now and what will will achieve when price reaches that target. Are we making good use of the opportunity that is available in the market? This are more important things that should be our concern more than seeing bitcoin at $100k because this price will always be achieved in a matter of time.

Therefore we should not relent in collecting Bitcoin now that we can get it at lower prices. There are several things that can make Bitcoin go astronomical so it would be bad if that happened and we are not well positioned to enjoy the ride after having the opportunity and privilege of knowing Bitcoin early.

I once told my friend that I am happy that the bull run is yet to commence and I pray it takes a while longer before it finally arrives and he got mad at me for wishing us bad luck as he said, but he was not seeing things in my own view. Now my reason is very simple that I have not accumulated my target quantity before bullrun and I'm not assured on getting the target quantity for the year if the bull run starts early since when the price is higher we tend to buy lesser quantities for higher amounts, hence my wish for it to be delayed a bit and it seems things are playing out in my favour.

Our main target is portfolio increase right? and not pricing, so it's left for us to continue increasing our portfolio with the seemingly low prices we see today as we are not promised of good prices like these during or after the bull run. It would really take me until the end of the year to accumulate my targeted quantity if the prices does not surge above $70k in my calculations, so I have been wishing and believing that the bull run should calm down until beginning of next year, forgive me for being selfish . we always wish for favorable conditions right?.

Of course,  everyone is at a different stage of their BTC accumulation journey, so if you have recognized bitcoin as a good investment, it could still take you years and years and years to establish your position, especially if you don't already have an investment portfolio or other places in which you can draw value in order to attempt to front-load your BTC investment.

An overwhelming majority of the world's population does not tend to invest, so building any investment can take time for anyone new to investing.

Surely, any of us who understands the position of a relative newbie investor will appreciate that it can take quite a bit of time to get to some kind of a comfortable BTC accumulation status.

For sure, bitcoin does not give any shits about you, and you cannot really stop it from going either up or down, even though many of us already appreciate that bitcoin is likely on an upward price trajectory, so if you are able to recognize the opportunity to buy it and to accumulate it, then you are likely to be better off engaging in that accumulation sooner rather than later, and frequently you are better off to accumulate aggressively, too, even though there surely are not any guarantees that your accumulation of BTC will end up paying off as you expect.

[SuperBitMan]

The thead was started in March and it’s been almost 6 months but bitcoin still trading between 50,000 USD to 60,000 USD so to cross 100k USD milestone for btc seems difficult in this year because the world is facing economic crisis. May be in next year this milestone will achieve by bitcoin!

I understand the market condition have made so many people to doubt the $100k target but I will not conclude that it will not happen again because bitcoin is a volatile assets that can surprise everyone if it really want to move. If there is a positive news that supports a bullish momentum, don't be surprise if bitcoin take just few weeks to reach the $100k target.

However, it is not always about bitcoin reaching $100k that should matter to us but what we are doing now and what will will achieve when price reaches that target. Are we making good use of the opportunity that is available in the market? This are more important things that should be our concern more than seeing bitcoin at $100k because this price will always be achieved in a matter of time.

Therefore we should not relent in collecting Bitcoin now that we can get it at lower prices. There are several things that can make Bitcoin go astronomical so it would be bad if that happened and we are not well positioned to enjoy the ride after having the opportunity and privilege of knowing Bitcoin early.

I once told my friend that I am happy that the bull run is yet to commence and I pray it takes a while longer before it finally arrives and he got mad at me for wishing us bad luck as he said, but he was not seeing things in my own view. Now my reason is very simple that I have not accumulated my target quantity before bullrun and I'm not assured on getting the target quantity for the year if the bull run starts early since when the price is higher we tend to buy lesser quantities for higher amounts, hence my wish for it to be delayed a bit and it seems things are playing out in my favour.

Our main target is portfolio increase right? and not pricing, so it's left for us to continue increasing our portfolio with the seemingly low prices we see today as we are not promised of good prices like these during or after the bull run. It would really take me until the end of the year to accumulate my targeted quantity if the prices does not surge above $70k in my calculations, so I have been wishing and believing that the bull run should calm down until beginning of next year, forgive me for being selfish . we always wish for favorable conditions right?.

Of course,  everyone is at a different stage of their BTC accumulation journey, so if you have recognized bitcoin as a good investment, it could still take you years and years and years to establish your position, especially if you don't already have an investment portfolio or other places in which you can draw value in order to attempt to front-load your BTC investment.

An overwhelming majority of the world's population does not tend to invest, so building any investment can take time for anyone new to investing.

Surely, any of us who understands the position of a relative newbie investor will appreciate that it can take quite a bit of time to get to some kind of a comfortable BTC accumulation status.

For sure, bitcoin does not give any shits about you, and you cannot really stop it from going either up or down, even though many of us already appreciate that bitcoin is likely on an upward price trajectory, so if you are able to recognize the opportunity to buy it and to accumulate it, then you are likely to be better off engaging in that accumulation sooner rather than later, and frequently you are better off to accumulate aggressively, too, even though there surely are not any guarantees that your accumulation of BTC will end up paying off as you expect.

If you don't take Bitcoin as your source of income then you have solved one thing that will hinder your Bitcoin investment journey, we all know that Bitcoin has grown very high in price now and if you don't have huge amount of money to buy in lump sum it will take us many years to accumulate enough Bitcoin, if you are working and getting paid very well you can accumulate and hold Bitcoin for many years and you won't be disturbed.
If you have a good job and you are getting paid very well you can accumulate and hold Bitcoin for 20 years or even more, if one is consistent with his or her accumulation and you continue for 20 to 30 years you will have a good number of Bitcoin accumulated to yourself and you can choose to share it among your children.
Everyone has the ability to accumulate enough Bitcoin it will only take you time but one can achieve it.
Bitcoin should be seen as an investment and not as a source of income those that sees it as an source of income can't have patience to hold for long.

Please don't get aggressive in your Bitcoin accumulation without having a backup funds, some people get aggressive and forget they have things to settle at home and when they realize they end up dipping hands into there Bitcoin investment, for me I'm still building my Backup funds along side with my Bitcoin if my Backup funds are strong enough I can now focus on my Bitcoin accumulation and I can decide to become aggressive in my accumulation.

[Cryptoprincess101]

Of course,  everyone is at a different stage of their BTC accumulation journey, so if you have recognized bitcoin as a good investment, it could still take you years and years and years to establish your position, especially if you don't already have an investment portfolio or other places in which you can draw value in order to attempt to front-load your BTC investment.

Exactly, some people just feels that as soon as they are able to acquire some amount of Bitcoin that they are now true investors when they haven't even made any reasonable amount of it in their portfolio. Bitcoin investments is not a kind of backwards and forward investment where you will begin to relent at some point in your accumulating stages that is why it requires preparedness so that you don't even miss out in your accumulating stages and your commitment in making accumulations will determine how sizeable your portfolio will become, so for anyone who is not consistently accumulating it is going to take so many years before owning a huge portfolio and the portfolio of someone who just invested at once and the person that does continuous accumulations cannot be the same so also for someone who is making little accumulations and the other who is making huge accumulation so for the fact one own an investment in Bitcoin doesn't mean they would own huge portfolio except they act upon by making steady accumulations. Basically, anyone who have sources to front load their Bitcoin investments will actually own better portfolio faster than other that just depends on their regular accumulations.

[Odohu]

Of course,  everyone is at a different stage of their BTC accumulation journey, so if you have recognized bitcoin as a good investment, it could still take you years and years and years to establish your position, especially if you don't already have an investment portfolio or other places in which you can draw value in order to attempt to front-load your BTC investment.

Exactly, some people just feels that as soon as they are able to acquire some amount of Bitcoin that they are now true investors when they haven't even made any reasonable amount of it in their portfolio. Bitcoin investments is not a kind of backwards and forward investment where you will begin to relent at some point in your accumulating stages that is why it requires preparedness so that you don't even miss out in your accumulating stages and your commitment in making accumulations will determine how sizeable your portfolio will become, so for anyone who is not consistently accumulating it is going to take so many years before owning a huge portfolio and the portfolio of someone who just invested at once and the person that does continuous accumulations cannot be the same so also for someone who is making little accumulations and the other who is making huge accumulation so for the fact one own an investment in Bitcoin doesn't mean they would own huge portfolio except they act upon by making steady accumulations. Basically, anyone who have sources to front load their Bitcoin investments will actually own better portfolio faster than other that just depends on their regular accumulations.

I don't think there is any known quantity of Bitcoin that should make one a true investor, so I do not understand what you are driving at with your terminology. Remember that people financial capacity differs so what 1BTC will mean to investor A may be what 0.001BTC may mean to investor B and in the end both investors are true investors provided they invested with the intention of holding for long. In other words, as long as someone have the right mindset which is being part of Bitcoin HODLers, he is a true investor and the quantity of Bitcoin in his possession is immaterial.

We even encourage people to start with as little amount as they comfortably put in Bitcoin without panicking and from their build towards larger holding. If you want to have all the money in the world before starting investment, you will never achieve that so it is better to start small and watch how it grows and continue to add more so long as you have a bigger picture that you are committed to achieving.

[Pi-network314159]

Of course,  everyone is at a different stage of their BTC accumulation journey, so if you have recognized bitcoin as a good investment, it could still take you years and years and years to establish your position, especially if you don't already have an investment portfolio or other places in which you can draw value in order to attempt to front-load your BTC investment.

Exactly, some people just feels that as soon as they are able to acquire some amount of Bitcoin that they are now true investors when they haven't even made any reasonable amount of it in their portfolio.

you don't need a reasonable amount in your portfolio to be an investor. Mean while amount invested in BTC is different from discretion, when saying amount in portfolio simply means amount invested in BTC. I think what you where trying to say is that an investor need a reasonable or sizable amount of discretion before investing, which might also be wrong. Being and investor is not measured by the amount you have, to be called an investor. An investor in this discussion is just a person that invest in btc within h/her capacity or capabilities with the amount he can be able to invest from his direction depending on his level of his source of income. Just like @odohu said that

 what 1BTC will mean to investor A may be what 0.001BTC may mean to investor B and in the end both investors are true investors provided they invested with the intention of holding for long.

That is just it.

so for anyone who is not consistently accumulating it is going to take so many years before owning a huge portfolio and the portfolio of someone who just invested at once and the person that does continuous accumulations cannot be the same so also for someone who is making little accumulations and the other who is making huge accumulation so for the fact one own an investment in Bitcoin doesn't mean they would own huge portfolio except they act upon by making steady accumulations.

I can say that the framing of your work is not that clear and precise to me, but all what I can say is that in investing huge at once or buying regular with DCA all combined and HODLing for long is the key.

Basically, anyone who have sources to front load their Bitcoin investments will actually own better portfolio faster than other that just depends on their regular accumulations.

Exactly... investor with enough amount to front load their bitcoin investment will definitely be faster than others, if he increases his amount invested in bitcoin through DCA, lump sum and buying dip. to meet up his goal on accumulating a reasonable amount of btc since he has a reasonable amount to front load his investment.

[SuperBitMan]

Of course,  everyone is at a different stage of their BTC accumulation journey, so if you have recognized bitcoin as a good investment, it could still take you years and years and years to establish your position, especially if you don't already have an investment portfolio or other places in which you can draw value in order to attempt to front-load your BTC investment.

Exactly, some people just feels that as soon as they are able to acquire some amount of Bitcoin that they are now true investors when they haven't even made any reasonable amount of it in their portfolio. Bitcoin investments is not a kind of backwards and forward investment where you will begin to relent at some point in your accumulating stages that is why it requires preparedness so that you don't even miss out in your accumulating stages and your commitment in making accumulations will determine how sizeable your portfolio will become, so for anyone who is not consistently accumulating it is going to take so many years before owning a huge portfolio and the portfolio of someone who just invested at once and the person that does continuous accumulations cannot be the same so also for someone who is making little accumulations and the other who is making huge accumulation so for the fact one own an investment in Bitcoin doesn't mean they would own huge portfolio except they act upon by making steady accumulations. Basically, anyone who have sources to front load their Bitcoin investments will actually own better portfolio faster than other that just depends on their regular accumulations.

I don't think there is any known quantity of Bitcoin that should make one a true investor, so I do not understand what you are driving at with your terminology. Remember that people financial capacity differs so what 1BTC will mean to investor A may be what 0.001BTC may mean to investor B and in the end both investors are true investors provided they invested with the intention of holding for long. In other words, as long as someone have the right mindset which is being part of Bitcoin HODLers, he is a true investor and the quantity of Bitcoin in his possession is immaterial.

We even encourage people to start with as little amount as they comfortably put in Bitcoin without panicking and from their build towards larger holding. If you want to have all the money in the world before starting investment, you will never achieve that so it is better to start small and watch how it grows and continue to add more so long as you have a bigger picture that you are committed to achieving.

Yeah you are right, some people feels that accumulating Bitcoin little by little is a waste of time so they feel saving up and buying in a lump sum is the best but one thing is that one can't have money in his or her bank account and be free from little financial problems that will eat up little of that saved money.
Some feels dey can't accumulate Bitcoin again because no matter how they accumulate it will never account to any reason Bitcoin.
People that has this mindset don't know anything about Bitcoin, they don't understand how far Bitcoin will go, now for me I know in the next 10 to 15 years Bitcoin will hit $500k to a million dollar or even more so me starting my accumulation now and continue be consistent will amount to a very good Bitcoin.
So accumulating little by little since one don't have funds for a lump sum is a very good strategy and that strategy can change your life in time to come.
Those who still don't believe in the growth of Bitcoin will regret like those that had opportunity to invest in Bitcoin 10 years ago but refused Because of there mindset.

[sotelorene]

Of course,  everyone is at a different stage of their BTC accumulation journey, so if you have recognized bitcoin as a good investment, it could still take you years and years and years to establish your position, especially if you don't already have an investment portfolio or other places in which you can draw value in order to attempt to front-load your BTC investment.

Exactly, some people just feels that as soon as they are able to acquire some amount of Bitcoin that they are now true investors when they haven't even made any reasonable amount of it in their portfolio. Bitcoin investments is not a kind of backwards and forward investment where you will begin to relent at some point in your accumulating stages that is why it requires preparedness so that you don't even miss out in your accumulating stages and your commitment in making accumulations will determine how sizeable your portfolio will become, so for anyone who is not consistently accumulating it is going to take so many years before owning a huge portfolio and the portfolio of someone who just invested at once and the person that does continuous accumulations cannot be the same so also for someone who is making little accumulations and the other who is making huge accumulation so for the fact one own an investment in Bitcoin doesn't mean they would own huge portfolio except they act upon by making steady accumulations. Basically, anyone who have sources to front load their Bitcoin investments will actually own better portfolio faster than other that just depends on their regular accumulations.

I don't think there is any known quantity of Bitcoin that should make one a true investor, so I do not understand what you are driving at with your terminology. Remember that people financial capacity differs so what 1BTC will mean to investor A may be what 0.001BTC may mean to investor B and in the end both investors are true investors provided they invested with the intention of holding for long. In other words, as long as someone have the right mindset which is being part of Bitcoin HODLers, he is a true investor and the quantity of Bitcoin in his possession is immaterial.

We even encourage people to start with as little amount as they comfortably put in Bitcoin without panicking and from their build towards larger holding. If you want to have all the money in the world before starting investment, you will never achieve that so it is better to start small and watch how it grows and continue to add more so long as you have a bigger picture that you are committed to achieving.

Yeah you are right, some people feels that accumulating Bitcoin little by little is a waste of time so they feel saving up and buying in a lump sum is the best but one thing is that one can't have money in his or her bank account and be free from little financial problems that will eat up little of that saved money.
Some feels dey can't accumulate Bitcoin again because no matter how they accumulate it will never account to any reason Bitcoin.
People that has this mindset don't know anything about Bitcoin, they don't understand how far Bitcoin will go, now for me I know in the next 10 to 15 years Bitcoin will hit $500k to a million dollar or even more so me starting my accumulation now and continue be consistent will amount to a very good Bitcoin.
So accumulating little by little since one don't have funds for a lump sum is a very good strategy and that strategy can change your life in time to come.
Those who still don't believe in the growth of Bitcoin will regret like those that had opportunity to invest in Bitcoin 10 years ago but refused Because of there mindset.

Exactly, that's what most people feel but to be honest with you it's really tiring and it always takes time for one to be able to accumulate a nice amount of Bitcoin depending how much you are using to..., and at same time it's worth accumulating little by little if you don't have the funds to buy lump sum. Some haven't even started it but yet they have convinced themselves not knowing that the most important thing is starting the journey first. You can't really tell how dip an ocean is without confirming it by yourself what I am saying is for those who haven't tried I will suggest you start it first and for those who are doubting the process just keep on pushing ( accumulating little by little) before had I know will be your statement when the time comes.

[Sexylizzy2813]

Yeah you are right, some people feels that accumulating Bitcoin little by little is a waste of time so they feel saving up and buying in a lump sum is the best but one thing is that one can't have money in his or her bank account and be free from little financial problems that will eat up little of that saved money.
Some feels dey can't accumulate Bitcoin again because no matter how they accumulate it will never account to any reason Bitcoin.
People that has this mindset don't know anything about Bitcoin, they don't understand how far Bitcoin will go, now for me I know in the next 10 to 15 years Bitcoin will hit $500k to a million dollar or even more so me starting my accumulation now and continue be consistent will amount to a very good Bitcoin.
So accumulating little by little since one don't have funds for a lump sum is a very good strategy and that strategy can change your life in time to come.
Those who still don't believe in the growth of Bitcoin will regret like those that had opportunity to invest in Bitcoin 10 years ago but refused Because of there mindset.

Some have that mentality that slow and steady is a waste of time, rushing and getting the best result very fast is best to some people. It all depends on how much you have at the moment that's why some don't think it gives something reasonable in the future, Bitcoin on it's own has a way of making the little you have to become something bigger, that's if you have the time to wait.
Those who doesn't believe in Bitcoin growth I see them as those who just started or those who are hearing of Bitcoin for the first time and also doubters too, we have these sets of persons (doubters) who doesn't see Bitcoin as something legit and they have words to use in convincing people not to engage in it and they easily speak ill of what they have no knowledge of.

[Ruttoshi]

Of course,  everyone is at a different stage of their BTC accumulation journey, so if you have recognized bitcoin as a good investment, it could still take you years and years and years to establish your position, especially if you don't already have an investment portfolio or other places in which you can draw value in order to attempt to front-load your BTC investment.

Exactly, some people just feels that as soon as they are able to acquire some amount of Bitcoin that they are now true investors when they haven't even made any reasonable amount of it in their portfolio. Bitcoin investments is not a kind of backwards and forward investment where you will begin to relent at some point in your accumulating stages that is why it requires preparedness so that you don't even miss out in your accumulating stages and your commitment in making accumulations will determine how sizeable your portfolio will become, so for anyone who is not consistently accumulating it is going to take so many years before owning a huge portfolio and the portfolio of someone who just invested at once and the person that does continuous accumulations cannot be the same so also for someone who is making little accumulations and the other who is making huge accumulation so for the fact one own an investment in Bitcoin doesn't mean they would own huge portfolio except they act upon by making steady accumulations. Basically, anyone who have sources to front load their Bitcoin investments will actually own better portfolio faster than other that just depends on their regular accumulations.

I don't think there is any known quantity of Bitcoin that should make one a true investor, so I do not understand what you are driving at with your terminology. Remember that people financial capacity differs so what 1BTC will mean to investor A may be what 0.001BTC may mean to investor B and in the end both investors are true investors provided they invested with the intention of holding for long. In other words, as long as someone have the right mindset which is being part of Bitcoin HODLers, he is a true investor and the quantity of Bitcoin in his possession is immaterial.

We even encourage people to start with as little amount as they comfortably put in Bitcoin without panicking and from their build towards larger holding. If you want to have all the money in the world before starting investment, you will never achieve that so it is better to start small and watch how it grows and continue to add more so long as you have a bigger picture that you are committed to achieving.

Yeah you are right, some people feels that accumulating Bitcoin little by little is a waste of time so they feel saving up and buying in a lump sum is the best but one thing is that one can't have money in his or her bank account and be free from little financial problems that will eat up little of that saved money.
Some feels dey can't accumulate Bitcoin again because no matter how they accumulate it will never account to any reason Bitcoin.
People that has this mindset don't know anything about Bitcoin, they don't understand how far Bitcoin will go, now for me I know in the next 10 to 15 years Bitcoin will hit $500k to a million dollar or even more so me starting my accumulation now and continue be consistent will amount to a very good Bitcoin.
So accumulating little by little since one don't have funds for a lump sum is a very good strategy and that strategy can change your life in time to come.
Those who still don't believe in the growth of Bitcoin will regret like those that had opportunity to invest in Bitcoin 10 years ago but refused Because of there mindset.

In addition to what you said about the wrong idea of piling up funds in fiat to an extent before buying bitcoin is that in your bank account, the value of your currency will be depreciate due to inflation overtime, so why not buy bitcoin immediately with the little amount that you have to keep value of your funds and also to increase the amount of bitcoin in your portfolio gradually by putting your DCA ongoing, persistent and consistent for a very long time.

I could remember when I was very young, my siblings and I had one saving box each and whenever we are given money by family friends, visitors and relatives. We put the money in the box and we continue doing this for two years, when the time came for me to break my own saving box for the funds in it, I was shocked at how much I realized. It was big amount that some adults might will not be able to save on their own and you will not believe that the money will get to such amount.

Imagine if you are now buying bitcoin with your discretionary income whenever you receive your pay for 4-10 years above, how much will your bitcoin size be since bitcoin is an asset that the value increases overtime not like fiat that is stable.

[Notalony]

Of course,  everyone is at a different stage of their BTC accumulation journey, so if you have recognized bitcoin as a good investment, it could still take you years and years and years to establish your position, especially if you don't already have an investment portfolio or other places in which you can draw value in order to attempt to front-load your BTC investment.

Exactly, some people just feels that as soon as they are able to acquire some amount of Bitcoin that they are now true investors when they haven't even made any reasonable amount of it in their portfolio. Bitcoin investments is not a kind of backwards and forward investment where you will begin to relent at some point in your accumulating stages that is why it requires preparedness so that you don't even miss out in your accumulating stages and your commitment in making accumulations will determine how sizeable your portfolio will become, so for anyone who is not consistently accumulating it is going to take so many years before owning a huge portfolio and the portfolio of someone who just invested at once and the person that does continuous accumulations cannot be the same so also for someone who is making little accumulations and the other who is making huge accumulation so for the fact one own an investment in Bitcoin doesn't mean they would own huge portfolio except they act upon by making steady accumulations. Basically, anyone who have sources to front load their Bitcoin investments will actually own better portfolio faster than other that just depends on their regular accumulations.

I don't think there is any known quantity of Bitcoin that should make one a true investor, so I do not understand what you are driving at with your terminology. Remember that people financial capacity differs so what 1BTC will mean to investor A may be what 0.001BTC may mean to investor B and in the end both investors are true investors provided they invested with the intention of holding for long. In other words, as long as someone have the right mindset which is being part of Bitcoin HODLers, he is a true investor and the quantity of Bitcoin in his possession is immaterial.

We even encourage people to start with as little amount as they comfortably put in Bitcoin without panicking and from their build towards larger holding. If you want to have all the money in the world before starting investment, you will never achieve that so it is better to start small and watch how it grows and continue to add more so long as you have a bigger picture that you are committed to achieving.

Yeah you are right, some people feels that accumulating Bitcoin little by little is a waste of time so they feel saving up and buying in a lump sum is the best but one thing is that one can't have money in his or her bank account and be free from little financial problems that will eat up little of that saved money.
Some feels dey can't accumulate Bitcoin again because no matter how they accumulate it will never account to any reason Bitcoin.
People that has this mindset don't know anything about Bitcoin, they don't understand how far Bitcoin will go, now for me I know in the next 10 to 15 years Bitcoin will hit $500k to a million dollar or even more so me starting my accumulation now and continue be consistent will amount to a very good Bitcoin.
So accumulating little by little since one don't have funds for a lump sum is a very good strategy and that strategy can change your life in time to come.
Those who still don't believe in the growth of Bitcoin will regret like those that had opportunity to invest in Bitcoin 10 years ago but refused Because of there mindset.

In addition to what you said about the wrong idea of piling up funds in fiat to an extent before buying bitcoin is that in your bank account, the value of your currency will be depreciate due to inflation overtime, so why not buy bitcoin immediately with the little amount that you have to keep value of your funds and also to increase the amount of bitcoin in your portfolio gradually by putting your DCA ongoing, persistent and consistent for a very long time.

I could remember when I was very young, my siblings and I had one saving box each and whenever we are given money by family friends, visitors and relatives. We put the money in the box and we continue doing this for two years, when the time came for me to break my own saving box for the funds in it, I was shocked at how much I realized. It was big amount that some adults might will not be able to save on their own and you will not believe that the money will get to such amount.

Imagine if you are now buying bitcoin with your discretionary income whenever you receive your pay for 4-10 years above, how much will your bitcoin size be since bitcoin is an asset that the value increases overtime not like fiat that is stable.

What a nice illustration, the DCA strategy is very powerful no wonder it is being talk about always, it works like the power of an instalmental payment where you can pay out a huge amount of money little by little over a period of time, i had a friend that i lend some money to add up in his business and i adviced him to be paying intalmentaly he was surprised how he was able to pay up the debt within a short period of time which he never expected and i believed, that is how the DCA works since you be buying Bitcoin little by little just as you can be able to buy for a period of time possibly 4 to 10 years or more, definitely one will be surprised at the quantity of Bitcoin he or she must accumulate within such period of time if only one can be consistent.

[ultrloa]

Of course,  everyone is at a different stage of their BTC accumulation journey, so if you have recognized bitcoin as a good investment, it could still take you years and years and years to establish your position, especially if you don't already have an investment portfolio or other places in which you can draw value in order to attempt to front-load your BTC investment.

Exactly, some people just feels that as soon as they are able to acquire some amount of Bitcoin that they are now true investors when they haven't even made any reasonable amount of it in their portfolio. Bitcoin investments is not a kind of backwards and forward investment where you will begin to relent at some point in your accumulating stages that is why it requires preparedness so that you don't even miss out in your accumulating stages and your commitment in making accumulations will determine how sizeable your portfolio will become, so for anyone who is not consistently accumulating it is going to take so many years before owning a huge portfolio and the portfolio of someone who just invested at once and the person that does continuous accumulations cannot be the same so also for someone who is making little accumulations and the other who is making huge accumulation so for the fact one own an investment in Bitcoin doesn't mean they would own huge portfolio except they act upon by making steady accumulations. Basically, anyone who have sources to front load their Bitcoin investments will actually own better portfolio faster than other that just depends on their regular accumulations.

I don't think there is any known quantity of Bitcoin that should make one a true investor, so I do not understand what you are driving at with your terminology. Remember that people financial capacity differs so what 1BTC will mean to investor A may be what 0.001BTC may mean to investor B and in the end both investors are true investors provided they invested with the intention of holding for long. In other words, as long as someone have the right mindset which is being part of Bitcoin HODLers, he is a true investor and the quantity of Bitcoin in his possession is immaterial.

We even encourage people to start with as little amount as they comfortably put in Bitcoin without panicking and from their build towards larger holding. If you want to have all the money in the world before starting investment, you will never achieve that so it is better to start small and watch how it grows and continue to add more so long as you have a bigger picture that you are committed to achieving.

Yeah you are right, some people feels that accumulating Bitcoin little by little is a waste of time so they feel saving up and buying in a lump sum is the best but one thing is that one can't have money in his or her bank account and be free from little financial problems that will eat up little of that saved money.
Some feels dey can't accumulate Bitcoin again because no matter how they accumulate it will never account to any reason Bitcoin.
People that has this mindset don't know anything about Bitcoin, they don't understand how far Bitcoin will go, now for me I know in the next 10 to 15 years Bitcoin will hit $500k to a million dollar or even more so me starting my accumulation now and continue be consistent will amount to a very good Bitcoin.
So accumulating little by little since one don't have funds for a lump sum is a very good strategy and that strategy can change your life in time to come.
Those who still don't believe in the growth of Bitcoin will regret like those that had opportunity to invest in Bitcoin 10 years ago but refused Because of there mindset.

Maybe those people say that want to rush everything and they didn't realize that its better to accumulate little by little than doing nothing. If they think doing it using lump sump methods then its fine people have different strategy used and they should not discriminate or say something negative about people accumulate small volume since if their target is 4 or 10 years time span for sure they provably get decent volume in future.

But if they don't really understand bitcoin then let them say something bad about it and we just continue about those things we do since if  choose to be dumb on new opportunities presented to them for sure they would regret that they didn't participate when they see you gaining great result on the efforts made from accumulating little figures for many years.

[JayJuanGee]

Yeah you are right, some people feels that accumulating Bitcoin little by little is a waste of time so they feel saving up and buying in a lump sum is the best but one thing is that one can't have money in his or her bank account and be free from little financial problems that will eat up little of that saved money.
Some feels dey can't accumulate Bitcoin again because no matter how they accumulate it will never account to any reason Bitcoin.
People that has this mindset don't know anything about Bitcoin, they don't understand how far Bitcoin will go, now for me I know in the next 10 to 15 years Bitcoin will hit $500k to a million dollar or even more so me starting my accumulation now and continue be consistent will amount to a very good Bitcoin.
So accumulating little by little since one don't have funds for a lump sum is a very good strategy and that strategy can change your life in time to come.
Those who still don't believe in the growth of Bitcoin will regret like those that had opportunity to invest in Bitcoin 10 years ago but refused Because of there mindset.

Some have that mentality that slow and steady is a waste of time, rushing and getting the best result very fast is best to some people. It all depends on how much you have at the moment that's why some don't think it gives something reasonable in the future, Bitcoin on it's own has a way of making the little you have to become something bigger, that's if you have the time to wait.

Of course there tend to be advantages for those who keep accumulating bitcoin even if they don't end up with a real great sized set of holdings.. but the advantages might NOT be realized for a few years, when it might start to become clear that we are not returning to those earlier price levels.. and so who realistically believes that sub $20k bitcoin will be available ever again, absent some kind of real crazy ass event (in other words, sub-$20k seems like a wild ass long-shot.. just like sub $1k was a wild-ass longshot by the time we got to mid 2019 and just like sub $200 became a wild-ass long-shot by the time we got to early 2017... but still even folks talk about the crazy-ass long shot BTC prices as if they were really to be a thing to consider without really accounting for the level of difficulty that would have to come in order to get to those kinds of BTC prices)

Those who doesn't believe in Bitcoin growth I see them as those who just started or those who are hearing of Bitcoin for the first time and also doubters too, we have these sets of persons (doubters) who doesn't see Bitcoin as something legit and they have words to use in convincing people not to engage in it and they easily speak ill of what they have no knowledge of.

Some of these folks might not even be real people... or some kinds of paid shills, bitter no coiners, or some other level of nonsense spouting that is mostly outside of realms of realistic.

[edited out]

In addition to what you said about the wrong idea of piling up funds in fiat to an extent before buying bitcoin is that in your bank account, the value of your currency will be depreciate due to inflation overtime, so why not buy bitcoin immediately with the little amount that you have to keep value of your funds and also to increase the amount of bitcoin in your portfolio gradually by putting your DCA ongoing, persistent and consistent for a very long time.

I could remember when I was very young, my siblings and I had one saving box each and whenever we are given money by family friends, visitors and relatives. We put the money in the box and we continue doing this for two years, when the time came for me to break my own saving box for the funds in it, I was shocked at how much I realized. It was big amount that some adults might will not be able to save on their own and you will not believe that the money will get to such amount.

Imagine if you are now buying bitcoin with your discretionary income whenever you receive your pay for 4-10 years above, how much will your bitcoin size be since bitcoin is an asset that the value increases overtime not like fiat that is stable.

Yep.. .a kind of doubling of the power of both stocking away value and also the possibility (even though not guaranteed) that some other kind of upside change in value might also end up playing out.. surely not bad odds of such possibility of upside value growth, even though not guaranteed and we might also not know by how much or how long it will last and various other factors that sometimes have ended up in BTC holders becoming overly nervous in regards to how to deal with such outcomes when they had ended up occurring... Hopefully members in this thread have some ideas about what they are planning to do rather than having no idea.

[FinePoine0]

Instead of sitting around thinking that the price of Bitcoin will definitely increase, invest small amounts in what we know as the DCA method.  I have exactly your method and method of raising money, but I have been doing DCA with Bitcoin for a long year and a half. And my portfolio has grown a little bit because I started from zero, but this holding of Bitcoin has helped me achieve success.  Because I believe that without DCA method poor holders like us can never invest so much together. But I take 1 time in a week, 4 times in a month that way I have grown my investment. Although I am suffering now because I have started holding in bitcoins without spending extra but I can be profitable and successful with my holdings.

[Son Of Blockchain (SOB)]

In addition to what you said about the wrong idea of piling up funds in fiat to an extent before buying bitcoin is that in your bank account, the value of your currency will be depreciate due to inflation overtime, so why not buy bitcoin immediately with the little amount that you have to keep value of your funds and also to increase the amount of bitcoin in your portfolio gradually by putting your DCA ongoing, persistent and consistent for a very long time.

I could remember when I was very young, my siblings and I had one saving box each and whenever we are given money by family friends, visitors and relatives. We put the money in the box and we continue doing this for two years, when the time came for me to break my own saving box for the funds in it, I was shocked at how much I realized. It was big amount that some adults might will not be able to save on their own and you will not believe that the money will get to such amount.

Imagine if you are now buying bitcoin with your discretionary income whenever you receive your pay for 4-10 years above, how much will your bitcoin size be since bitcoin is an asset that the value increases overtime not like fiat that is stable.

Yep.. .a kind of doubling of the power of both stocking away value and also the possibility (even though not guaranteed) that some other kind of upside change in value might also end up playing out.. surely not bad odds of such possibility of upside value growth, even though not guaranteed and we might also not know by how much or how long it will last and various other factors that sometimes have ended up in BTC holders becoming overly nervous in regards to how to deal with such outcomes when they had ended up occurring... Hopefully members in this thread have some ideas about what they are planning to do rather than having no idea.

The informations I've gathered about Bitcoin, is that it has got to different heights in different circles since it launch, and that's why it's best for long-term, giving all class an opportunity to profit overtime, for those who are not very wealthy the dca method is the best approach to bitcoin investment.
 investors don't have to wait until they've gathered enough fiat before investing on bitcoin, one thing I love about that asset is that there's no fixed price for investment and both the rich and low class have an opportunity to benefit from it, so far they've got steady income to constantly give them an investing power to keep stocking.
 

[JayJuanGee]

In addition to what you said about the wrong idea of piling up funds in fiat to an extent before buying bitcoin is that in your bank account, the value of your currency will be depreciate due to inflation overtime, so why not buy bitcoin immediately with the little amount that you have to keep value of your funds and also to increase the amount of bitcoin in your portfolio gradually by putting your DCA ongoing, persistent and consistent for a very long time.

I could remember when I was very young, my siblings and I had one saving box each and whenever we are given money by family friends, visitors and relatives. We put the money in the box and we continue doing this for two years, when the time came for me to break my own saving box for the funds in it, I was shocked at how much I realized. It was big amount that some adults might will not be able to save on their own and you will not believe that the money will get to such amount.

Imagine if you are now buying bitcoin with your discretionary income whenever you receive your pay for 4-10 years above, how much will your bitcoin size be since bitcoin is an asset that the value increases overtime not like fiat that is stable.

Yep.. .a kind of doubling of the power of both stocking away value and also the possibility (even though not guaranteed) that some other kind of upside change in value might also end up playing out.. surely not bad odds of such possibility of upside value growth, even though not guaranteed and we might also not know by how much or how long it will last and various other factors that sometimes have ended up in BTC holders becoming overly nervous in regards to how to deal with such outcomes when they had ended up occurring... Hopefully members in this thread have some ideas about what they are planning to do rather than having no idea.

The informations I've gathered about Bitcoin, is that it has got to different heights in different circles since it launch, and that's why it's best for long-term, giving all class an opportunity to profit overtime, for those who are not very wealthy the dca method is the best approach to bitcoin investment.
 investors don't have to wait until they've gathered enough fiat before investing on bitcoin, one thing I love about that asset is that there's no fixed price for investment and both the rich and low class have an opportunity to benefit from it, so far they've got steady income to constantly give them an investing power to keep stocking.

Of course, you can buy an amount of BTC every week or so in what you feel that you are able to buy within your discretionary income, and of course, if you are able to buttress your cashflow management by making sure that you have sufficient back up funds, then you will likely be in a better position to be more aggressive in your BTC accumulation process, yet at the same time, if you make mistakes no one is going to come to help you out, so you have to figure out systems that fit within your own financial and psychological circumstances and perhaps adapt or tweak your systems from time to time, as you build your bitcoin stash over time.

[Sebas.tian]

In addition to what you said about the wrong idea of piling up funds in fiat to an extent before buying bitcoin is that in your bank account, the value of your currency will be depreciate due to inflation overtime, so why not buy bitcoin immediately with the little amount that you have to keep value of your funds and also to increase the amount of bitcoin in your portfolio gradually by putting your DCA ongoing, persistent and consistent for a very long time.

I could remember when I was very young, my siblings and I had one saving box each and whenever we are given money by family friends, visitors and relatives. We put the money in the box and we continue doing this for two years, when the time came for me to break my own saving box for the funds in it, I was shocked at how much I realized. It was big amount that some adults might will not be able to save on their own and you will not believe that the money will get to such amount.

Imagine if you are now buying bitcoin with your discretionary income whenever you receive your pay for 4-10 years above, how much will your bitcoin size be since bitcoin is an asset that the value increases overtime not like fiat that is stable.

Yep.. .a kind of doubling of the power of both stocking away value and also the possibility (even though not guaranteed) that some other kind of upside change in value might also end up playing out.. surely not bad odds of such possibility of upside value growth, even though not guaranteed and we might also not know by how much or how long it will last and various other factors that sometimes have ended up in BTC holders becoming overly nervous in regards to how to deal with such outcomes when they had ended up occurring... Hopefully members in this thread have some ideas about what they are planning to do rather than having no idea.

The informations I've gathered about Bitcoin, is that it has got to different heights in different circles since it launch, and that's why it's best for long-term, giving all class an opportunity to profit overtime, for those who are not very wealthy the dca method is the best approach to bitcoin investment.
 investors don't have to wait until they've gathered enough fiat before investing on bitcoin, one thing I love about that asset is that there's no fixed price for investment and both the rich and low class have an opportunity to benefit from it, so far they've got steady income to constantly give them an investing power to keep stocking.

Of course, you can buy an amount of BTC every week or so in what you feel that you are able to buy within your discretionary income, and of course, if you are able to buttress your cashflow management by making sure that you have sufficient back up funds, then you will likely be in a better position to be more aggressive in your BTC accumulation process, yet at the same time, if you make mistakes no one is going to come to help you out, so you have to figure out systems that fit within your own financial and psychological circumstances and perhaps adapt or tweak your systems from time to time, as you build your bitcoin stash over time.

The more you purchase Bitcoin from the market either daily or weekly, the more your Bitcoin in your wallet continue to increase which is what every investors wants to be experiencing in their wallets, because whenever you see your Bitcoin in your wallet increase higher, it makes someone to feel good at the moment, because you know that there are income behind the increase. It is profitable to have emergency funds as an investor, because it will help you to hold your Bitcoin to see the price of your choice before you can supply your Bitcoin for sale to earn income from the market. That is why is very good to have the knowledge of Bitcoin before taking a step to purchase Bitcoin from the market, because it requires funds and psychological before you can be able to achieve your goal.

[Barikui1]

In addition to what you said about the wrong idea of piling up funds in fiat to an extent before buying bitcoin is that in your bank account, the value of your currency will be depreciate due to inflation overtime, so why not buy bitcoin immediately with the little amount that you have to keep value of your funds and also to increase the amount of bitcoin in your portfolio gradually by putting your DCA ongoing, persistent and consistent for a very long time.

I could remember when I was very young, my siblings and I had one saving box each and whenever we are given money by family friends, visitors and relatives. We put the money in the box and we continue doing this for two years, when the time came for me to break my own saving box for the funds in it, I was shocked at how much I realized. It was big amount that some adults might will not be able to save on their own and you will not believe that the money will get to such amount.

Imagine if you are now buying bitcoin with your discretionary income whenever you receive your pay for 4-10 years above, how much will your bitcoin size be since bitcoin is an asset that the value increases overtime not like fiat that is stable.

Yep.. .a kind of doubling of the power of both stocking away value and also the possibility (even though not guaranteed) that some other kind of upside change in value might also end up playing out.. surely not bad odds of such possibility of upside value growth, even though not guaranteed and we might also not know by how much or how long it will last and various other factors that sometimes have ended up in BTC holders becoming overly nervous in regards to how to deal with such outcomes when they had ended up occurring... Hopefully members in this thread have some ideas about what they are planning to do rather than having no idea.

The informations I've gathered about Bitcoin, is that it has got to different heights in different circles since it launch, and that's why it's best for long-term, giving all class an opportunity to profit overtime, for those who are not very wealthy the dca method is the best approach to bitcoin investment.
 investors don't have to wait until they've gathered enough fiat before investing on bitcoin, one thing I love about that asset is that there's no fixed price for investment and both the rich and low class have an opportunity to benefit from it, so far they've got steady income to constantly give them an investing power to keep stocking.

Of course, you can buy an amount of BTC every week or so in what you feel that you are able to buy within your discretionary income, and of course, if you are able to buttress your cashflow management by making sure that you have sufficient back up funds, then you will likely be in a better position to be more aggressive in your BTC accumulation process, yet at the same time, if you make mistakes no one is going to come to help you out, so you have to figure out systems that fit within your own financial and psychological circumstances and perhaps adapt or tweak your systems from time to time, as you build your bitcoin stash over time.

It is profitable to have emergency funds as an investor, because it will help you to hold your Bitcoin to see the price of your choice before you can supply your Bitcoin for sale to earn income from the market. That is why is very good to have the knowledge of Bitcoin before taking a step to purchase Bitcoin from the market, because it requires funds and psychological before you can be able to achieve your goal.

Yea, it's very much correct that having an emergency fund is very much vital, if you want to hold effectively, but what you are saying here is actually the thought of traders not investors, because a good Bitcoin holder wouldn't consider selling even though their is a sharp increase in price of Bitcoin, it's only traders that sell and collect small small profit anytime the price of Bitcoin appreciate, and with that kind of strategy, you can't build a generational wealth overtime.

Then talking of what you said, I mean the words I made bold, sincerely speaking bro, you don't need to have all the required knowledge before you start your Bitcoin accumulation journey, you can start accumulating Bitcoin through the DCA accumulating strategy as long as you know how, and along the line you can seek more knowledge  on Bitcoin and what is required to hold effectively, so in essence of what am trying to say is that anyone can start accumulating Bitcoin as long as he has the will, and he can later seek more knowledge of it and all it entails to be a successful Holder.

[sotelorene]

In addition to what you said about the wrong idea of piling up funds in fiat to an extent before buying bitcoin is that in your bank account, the value of your currency will be depreciate due to inflation overtime, so why not buy bitcoin immediately with the little amount that you have to keep value of your funds and also to increase the amount of bitcoin in your portfolio gradually by putting your DCA ongoing, persistent and consistent for a very long time.

I could remember when I was very young, my siblings and I had one saving box each and whenever we are given money by family friends, visitors and relatives. We put the money in the box and we continue doing this for two years, when the time came for me to break my own saving box for the funds in it, I was shocked at how much I realized. It was big amount that some adults might will not be able to save on their own and you will not believe that the money will get to such amount.

Imagine if you are now buying bitcoin with your discretionary income whenever you receive your pay for 4-10 years above, how much will your bitcoin size be since bitcoin is an asset that the value increases overtime not like fiat that is stable.

Yep.. .a kind of doubling of the power of both stocking away value and also the possibility (even though not guaranteed) that some other kind of upside change in value might also end up playing out.. surely not bad odds of such possibility of upside value growth, even though not guaranteed and we might also not know by how much or how long it will last and various other factors that sometimes have ended up in BTC holders becoming overly nervous in regards to how to deal with such outcomes when they had ended up occurring... Hopefully members in this thread have some ideas about what they are planning to do rather than having no idea.

The informations I've gathered about Bitcoin, is that it has got to different heights in different circles since it launch, and that's why it's best for long-term, giving all class an opportunity to profit overtime, for those who are not very wealthy the dca method is the best approach to bitcoin investment.
 investors don't have to wait until they've gathered enough fiat before investing on bitcoin, one thing I love about that asset is that there's no fixed price for investment and both the rich and low class have an opportunity to benefit from it, so far they've got steady income to constantly give them an investing power to keep stocking.
 

I think you misunderstood something about the DCA method and the fact that DCA method is a gradual process of accumulating Bitcoin doesn't mean that it's mainly for investor with little Capital even rich investors do use the DCA method so don't complicate issues and don't give people wrong impression about it. Maybe you are thinking that DCA is just a process of using small capital to accumulate every week, month etc but no even rich investors uses big capital to accumulate too. In as much as an investor doesn't have to wait to gather enough fiat before they invest but they should take it easy I mean investing is something one shouldn't rush into because if you do you will definitely rush yourself out fact, in other words make sure you are stable before venturing into Bitcoin investment.