Bitcoin to the common man.

[Tmoonz]

A common man can become rich with Bitcoin if only he believes in the future of Bitcoin by considering it to have a solid foundation and not as risky as some people claims or proclaims, a common man must work towards doing what the rich does whic has a lot to do with taken risk based on believe. Bitcoin has given equal opportunity to both the common man and the rich which at the end patient happens to be a virtue, a common man can invest in Bitcoin through dca strategy it will only take longer time to have a sizeable worth of Bitcoin to grow and have a compounded value.

[JayJuanGee]

So by looking at situations like this we actually don't need to be strange and don't need to ask the reasons for other people who come out in a loss when in bitcoin because it happens because they are not too sure from the start and only enter because of fomo because they see bitcoin is quite tempting in profit but are not aware of the risk conditions that are actually in front of the eyes.

Basically it is not our responsibility to ask why they end up bad when investing.
But speaking of morals, we are obliged to tell them why they experienced losses when investing.
Confidence in investing will be formed when people understand how to do it correctly, that's why they need to learn first before investing. There is no loss if people invest based on knowledge because they can make decisions when investments are not going well. For example, when they invest at a slightly more expensive price, when bitcoin experiences a severe correction, all they need to do is wait for the increase process so they can avoid losses.

btw why I say that is the last time you were the one who asked other people's reasons why they gave up, so my discussion lies in discussing why people sometimes give up on bitcoin.

But on the one hand I also feel that I personally have to remind regardless of what decisions they make, still we as people who are in the same field must still remind each other about each other's decisions where every step even in bitcoin is everything we do is up to us but but there must be someone who reminds each other so that when the decision we make is wrong then we have someone who can remind us not to make the wrong decision.

And how can you determine that the decision you made is wrong and how can someone remind you not to make the wrong decision if the result of your decision was not determined if it is correct or wrong? Aren't we only being able to do that once we finally make the decision?

Also, if it comes to Bitcoin investment, not everyone is in the same situation where we can be patient until the highest peak. Some have been able to invest but, in the latter, they unexpectedly need the money for other use. They will be left with no other decision but to give up their investment for their needs. Can we still call this a wrong decision even if it comes to personal needs?

If you are thinking about investing, then you should be thinking in terms of a longer timeline, such as 4-10 years or longer, and then you should be ONLY investing from your discretionary income, so it is from money that you do not need for those 4-10 years or longer. 

If you are trying to play the waves, you are not investing, you are trading and/or gambling.

If you invest money from what you need for expenses,  you are gambling and not investing.

So yeah, if you overinvest, then you likely will need the money before the timeline that should be assigned, and those are all examples of mistakes... including attempting to value their assets from spot prices and presuming that the spot price will always stay the same and./or go up rather than valuing their holdings from bottom prices, such as using the 200 WMA to figure out the value of your BTC holdings.

You can get into bitcoin in a variety of ways, which include that you can heavily attempt to front load your investment, which could lead you to be in a different position from the person who comes into bitcoin more gradually and using discretionary income, and there is nothing wrong with front-loading your investment or even engaging in lump sum investing in the beginning, but you also have to be using money that you do not need, and also potentially be prepared for the BTC price to move against you if you were to have had to invested a lot at one time, then if the BTC price goes down rather than up, you should hopefully be in a position to continue to buy, and so yeah, stacking up your stash may well take a couple of cycles before you might start to be in a position to start to shave some of it off, and so in that case, you have to make sure that you are able to live during that time that you are either building your bitcoin holdings and/or your bitcoin holdings might well be growing during that time too. ..

In essence the idea is to build up your stash first before starting to sell any of it, and then once you start to sell some of it later down the road, sell in such small quantities that you don't necessarily expect to be able to buy back at lower prices whatever you had started to sell.

[edited out]

Either buying during bullish or bearish, all what matter most is the ability to be able to hold for long.. Bitcoin reach its highest ath recently after being bearish for years. Some will have sold out their token in lost out of fear and impatient. But anyone who hodl till now no matter what level he bought will have made profit from it. So hodling is the real secret to make it well in this space.

Not only holding is important, but continuous and persistent buying is important to reinforce conviction in the investment, and also to build up the BTC stash to a meaningful amount. 

And, sure I am not saying that everyone has to be aggressive in his bitcoin approach, but there are advantages to figuring out some reasonable amount that is extra money that a newbie can invest, whether it is $100 per week or $10 per week or some other reasonable amount that fits within his budget of extra money that he is not going to miss because he has his expenses figured out.. and he is sufficiently comfortable in terms of ongoingly putting that amount into bitcoin.

Bitcoin can be the light as well as Bitcoin can become the darkest wildest nightmare. For an average Joe Bitcoin will definitely look like must have but they should be prepared about everything before buying their Bitcoin and only people who did that can withstand the bear season as well as the scammers and hackers who always waiting for the opportunity to steal money.

two things are involved for investment of Bitcoin before you invest in Bitcoin you have to check if we are in bearish season all we are in bullish season because these two things are important for bitcoin regulation when you mistakenly purchase Bitcoin when the price is going high you may lose your capital because it might decrease in value but when you purchase bitcoin when the price is low you will be at advantages because there is every probability that the price of Bitcoin may increase in the market or not that is why many investors like to invest in Bitcoin when the price is low and start waiting for when the price will increase so that they will make profit for their investment

Whether the low or high is subjective and it rely on how long the user is holding the assets which determines the profits. Whenever we say investment it generally should be a long term investment so they no need to worry about the short term dumps or even the correct while they can maximize their profits if they manage to get into the peak of the bearish run and cashout at the peak of bull run.

You are speaking out of both sides of your mouth since you are already suggesting to hold for a long time, but then you are talking about a fantasy of trading and trying to figure out the waves in BTC prices, and presuming that trading is better than just buying BTC and not trying to figure out when to sell, except maybe figuring out when to sell after having had been in bitcoin for at least a couple of cycles.. and maybe by the time that a person has been into bitcoin for a couple of cycles, then they can can start to think about possible selling strategies without necessarily selling large amounts.. so that would be to prioritize long term, investing rather than trading and not trying the figure out the shorter term waves, especially in the first cycle (the first 4 years of investing into bitcoin).. If you are thinking about investing and/or long term in regards to bitcoin in less than 4-year periods, then you are not thining about either investing nor long term.. at least when it comes to bitcoin..  You are likely mixing up ideas of trading and gambling and presuming that to be the same (or similar) to investing, which it is not.

[Edited out]

but you should sell at the price higher than your buying price.

That is a bad idea.  You are talking about trading bitcoin and trying to gain more dollars from it, which is likely going to be very mediocre for anyone buying bitcoin and selling merely because they are in profits.

If you think about from 2015 to now there have been right around 8 doublings of the BTC price from $250 to $64k, and so that might not sound like very much, but each doubling allows for a compounding of value, so by the time you get to 8 doublings you end up having 256x increase in value (you can see my post on the power of compounding topic), and there is no way that you can get those kinds of returns by fucking around scalping off small dollar profits at various points and then getting in and out of bitcoin and maybe finding yourself to be out when you should have had been in.

A lot of guys proclaim that they are living off of trading, but with something like bitcoin, it is likely better to have another income source, because there is value in terms of staying invested rather than getting in and out and scalping off profits to live off of them is going to cause you to never get ahead, even if you are able to live off of your profits, you are going to end up missing out on the power of compounding that comes from any good (or great) investment, such as bitcoin.

[edited out] 

Not everyone can afford to risk money, but it's important that they have to start with savings as the baby steps if they have dream of changing their financial status one day. It doesn't necessarily they have to invest straight away, but if they feel Bitcoin is the one then they can start looking into it and get some at the perfect time. With no efforts there won't be any changes in our life is the hard fact.

You say a lot of the correct things jrrsparkles - however, there likely is no need to get all worked up about "perfect timing."  The best thing to do for normies is to get in and to stay persistent investing in bitcoin for 4-10 years or longer and as they are investing, they may study bitcoin to become more informed about how they might use it to their advantage in terms of the likely additional options that it will give them from investing 4-10 years or longer... so the most important things is not worrying about timing, but instead get started and to figure out their own finances in terms of making sure that they are investing from their discretionary income, which means it is income that is beyond what they need to cover all their expenses.  Probably, they should also consider their 9 factors, too.. but they do not have to have all of their 9 factors in order prior to investing into bitcoin, yet they can work on figuring ut their 9 factors as they continue to invest into bitcoin. . maybe start out small, and then work themselves into investing more aggressively into it, if they have gotten a good grasp on their 9 factors..

[arjunmujay]

Very true as a common man all we need is patience in other to grow.
Investing on Bitcoin is one of the best investment in the world right now and Bitcoin investment needs endurance in other to gain profit.
The best thing to do when investing on Bitcoin is to invest and forget about it because it needs time, when you invest on Bitcoin and then put your hope in wanting to gain profit quick it will cause you depression, invest on Bitcoin and give it time, give it more time and you will be proud you were patient.

This is a behavior that often occurs in humans because we are unable to control ourselves so as not to be greedy in producing anything. Investing takes time because we are talking about market conditions and if this process cannot be passed then someone will experience bad impacts.
Bitcoin is indeed more reliable if it is used for the long term and people do not need to check it all the time. When the long term is the investment choice we make, we just have to wait until Bitcoin exceeds the price we want.
Patience is needed in carrying out investments because with patience people can control themselves so as not to get caught up in panic, so they can avoid the risk of loss when the market experiences a severe correction.

If the concept is investment, of course there will be no such thing as wanting to make short profits. Everything requires a process, both time, patience and the funds you use.
Instead of wanting to invest in Bitcoin for a short period of time and want to get profits quickly, you are here as a trader, not an investor.

at the very least, those investors continue to accumulate bitcoins until the next halving in 2028 without selling them. Only then can you taste the sweetness of investing in Bitcoin. Once you know the sweetness, I'm sure you won't be willing to sell the bitcoins you have accumulated, instead you will want to continue adding to your bitcoin holdings.

[I_Anime]

Very true as a common man all we need is patience in other to grow.
Investing on Bitcoin is one of the best investment in the world right now and Bitcoin investment needs endurance in other to gain profit.
The best thing to do when investing on Bitcoin is to invest and forget about it because it needs time, when you invest on Bitcoin and then put your hope in wanting to gain profit quick it will cause you depression, invest on Bitcoin and give it time, give it more time and you will be proud you were patient.

That's true bitcoin investment is all about being patient with your hodling. But still before one should focus on being patient alone one should ensure that he has already secure some good quantities of bitcoin stashed in his portfolio while holding. That why most times those times those that don't have enough Bitcoin stashed are always advice to keep accumulating while they hold in order to secure a better quantities , so that they can yield a better profit when the of taken profit comes.

A common man can become rich with Bitcoin if only he believes in the future of Bitcoin by considering it to have a solid foundation and not as risky as some people claims or proclaims, a common man must work towards doing what the rich does whic has a lot to do with taken risk based on believe. Bitcoin has given equal opportunity to both the common man and the rich which at the end patient happens to be a virtue, a common man can invest in Bitcoin through dca strategy it will only take longer time to have a sizeable worth of Bitcoin to grow and have a compounded value.

Yeah you're right, using DCA one will need some time to stashed some nice quantities of bitcoin depending on how Their cashflow and how Persistence they are with their DCA purchasing. But still using DCA to accumulate bitcoin is one of the best method to purchase and it worth all the time .

[Edited out]

but you should sell at the price higher than your buying price.

That is a bad idea.  You are talking about trading bitcoin and trying to gain more dollars from it, which is likely going to be very mediocre for anyone buying bitcoin and selling merely because they are in profits.

Exactly, trading with your Bitcoin is never the right call , you are only reducing the potential of your holding in  given you a better profit, in a long run . So it's better to stick with the usual which is to accumulate and to hold , than buying when price low and sell When there's any slight increase in prices. And Bitcoin will soon get to a point when one is going to need a large amount to secure a good quantities for theirselves. Like when bitcoin was still around $10k , investing $1k you can secure 0.1 Bitcoin for yah self. But now investing $1k in Bitcoin recent price which is around $65k one will have 0.015 BTC you can see the different and soon bitcoin is going to 7 digit and as time goes bitcoin will keep in n growing Sonia better forus to use this opportunity to stash as many as we can and hold , rather than trading with it for short-term profits.

[martinex]

If people turn to it because of the potential profit, it can be a symbol of hope for a better future, but that is also a risky attitude because Bitcoin is volatile and largely unpredictable. There's no guarantee of success, and that's why people should manage their expectations and be ready for unfortunate events.

The performance of BTC assets has clearly and tangibly had to do with a fairly long time whether 5 -10 years (there is double value) and it entered the long-term asset class. For those who have started, of course, they already understand, but those who don't understand, it's better to stay away.

Although it is highly recommended HOLD for BTC, but active trading technique options are also good for traders by utilizing fast price changes but the drawback will be a lot of time we drain, so that the target we want is achieved.

[red4slash]

btw why I say that is the last time you were the one who asked other people's reasons why they gave up, so my discussion lies in discussing why people sometimes give up on bitcoin.

But on the one hand I also feel that I personally have to remind regardless of what decisions they make, still we as people who are in the same field must still remind each other about each other's decisions where every step even in bitcoin is everything we do is up to us but but there must be someone who reminds each other so that when the decision we make is wrong then we have someone who can remind us not to make the wrong decision.

And how can you determine that the decision you made is wrong and how can someone remind you not to make the wrong decision if the result of your decision was not determined if it is correct or wrong? Aren't we only being able to do that once we finally make the decision?

Also, if it comes to Bitcoin investment, not everyone is in the same situation where we can be patient until the highest peak. Some have been able to invest but, in the latter, they unexpectedly need the money for other use. They will be left with no other decision but to give up their investment for their needs. Can we still call this a wrong decision even if it comes to personal needs?

If you are thinking about investing, then you should be thinking in terms of a longer timeline, such as 4-10 years or longer, and then you should be ONLY investing from your discretionary income, so it is from money that you do not need for those 4-10 years or longer. 

If you are trying to play the waves, you are not investing, you are trading and/or gambling.

If you invest money from what you need for expenses,  you are gambling and not investing.

This is what must be considered because in the end when talking about investment, at least we must have mental steel and endurance over a period of time so that we do not end up investing with half intentions because in the end such things will not make the investment made optimal in the end.
In addition, it should be noted that we cannot risk everything as if bitcoin is the answer to the future but do not pay attention to the needs we are currently doing because in the end by believing that investment takes a longer time such as 5 - 10 years for example indirectly this also provides a limitation that we cannot at any time take aggressive action in the investment made by continuing to sacrifice everything we have but ignoring the needs that we must meet for ourselves and our small family.

[Justbillywitt]

Very true as a common man all we need is patience in other to grow.
Investing on Bitcoin is one of the best investment in the world right now and Bitcoin investment needs endurance in other to gain profit.
The best thing to do when investing on Bitcoin is to invest and forget about it because it needs time, when you invest on Bitcoin and then put your hope in wanting to gain profit quick it will cause you depression, invest on Bitcoin and give it time, give it more time and you will be proud you were patient.

This is a behavior that often occurs in humans because we are unable to control ourselves so as not to be greedy in producing anything. Investing takes time because we are talking about market conditions and if this process cannot be passed then someone will experience bad impacts.
Bitcoin is indeed more reliable if it is used for the long term and people do not need to check it all the time. When the long term is the investment choice we make, we just have to wait until Bitcoin exceeds the price we want.
Patience is needed in carrying out investments because with patience people can control themselves so as not to get caught up in panic, so they can avoid the risk of loss when the market experiences a severe correction.

If the concept is investment, of course there will be no such thing as wanting to make short profits. Everything requires a process, both time, patience and the funds you use.
Instead of wanting to invest in Bitcoin for a short period of time and want to get profits quickly, you are here as a trader, not an investor.

at the very least, those investors continue to accumulate bitcoins until the next halving in 2028 without selling them. Only then can you taste the sweetness of investing in Bitcoin. Once you know the sweetness, I'm sure you won't be willing to sell the bitcoins you have accumulated, instead you will want to continue adding to your bitcoin holdings.

The journey for another halving has just began, the wise will take the opportunity and run with it. Time flies so fast, and before you know it we will be in 2028 and those who have started their accumulating process now will be glad they did. The 4 years looks like a long time but as a determined investor who want to see something meaningful in bitcoin, such investors should be able to invest in bitcoin and hold it through one circle. The next circle has just started counting and doing that little buying through DCA will definitely go a long way. 

[Tmoonz]

Very true as a common man all we need is patience in other to grow.
Investing on Bitcoin is one of the best investment in the world right now and Bitcoin investment needs endurance in other to gain profit.
The best thing to do when investing on Bitcoin is to invest and forget about it because it needs time, when you invest on Bitcoin and then put your hope in wanting to gain profit quick it will cause you depression, invest on Bitcoin and give it time, give it more time and you will be proud you were patient.

This is a behavior that often occurs in humans because we are unable to control ourselves so as not to be greedy in producing anything. Investing takes time because we are talking about market conditions and if this process cannot be passed then someone will experience bad impacts.
Bitcoin is indeed more reliable if it is used for the long term and people do not need to check it all the time. When the long term is the investment choice we make, we just have to wait until Bitcoin exceeds the price we want.
Patience is needed in carrying out investments because with patience people can control themselves so as not to get caught up in panic, so they can avoid the risk of loss when the market experiences a severe correction.

I don't think that really sounds right because Bitcoin exceeding certain expected price doesn't guarantee a common man to be in good profitation what should be must concern for the common man is to stash up sizeable worth of Bitcoin irrespective of how longer time it will take, even if the common man wait until Bitcoin exceed the price he or she want without having a good quantity of Bitcoin all the time waited might not be good enough to put him or her to become rich in the nearest future, but with consistency and working towards having a good sizeable worth of Bitcoin is actually what will put him or her in good profits in the future.

The success of bitcoin can be achieved by investing in bitcoin and HODLing for long of about 10-15 year atleast with deligent, tolerance to HODl without panic of the ups and downs of the Market, consistency by DCA every week,  relentless by not being tired of accumulating. make sure you always have your emergency and reserved fund to back you up in the accumulating process. After doing al this before success can be achieved, because bitcoin is not a short cut to wealth, you must wo

Weekly dca might not be  good enough for a common man, rather a monthly dca might be advisable as he or she needs much time to know how much of the discretional/disposable income he or she has at the end of the month before making a purchase.

[GeorgeJohn]

Human nature doesn't lead us to be patient. As a species we want everything now, this is why most cryptocurrency investors tend to fail by either selling too early or at a loss. Patience is a virtue, most of don’t have it. Those of you who can buy Bitcoin regularly & HODL for at least, ideally, three cycles, will be grestly rewarded with very impressive profits. 

one thing about bitcoin investment and also bitcoin holding is that if you make that a mistake to purchase bitcoin when the price is high and hold it for long time and during the process of holding your Bitcoin it happens that bearish season approaches that means you will get lost on the process of holding BTC so I will say that bitcoin investment is not something you can assume that holding it when you buy it at a high price then you make a profit I don't think that it happens that way

[Roseline492]

[edited out]

Either buying during bullish or bearish, all what matter most is the ability to be able to hold for long.. Bitcoin reach its highest ath recently after being bearish for years. Some will have sold out their token in lost out of fear and impatient. But anyone who hodl till now no matter what level he bought will have made profit from it. So hodling is the real secret to make it well in this space.

Not only holding is important, but continuous and persistent buying is important to reinforce conviction in the investment, and also to build up the BTC stash to a meaningful amount. 

And, sure I am not saying that everyone has to be aggressive in his bitcoin approach, but there are advantages to figuring out some reasonable amount that is extra money that a newbie can invest, whether it is $100 per week or $10 per week or some other reasonable amount that fits within his budget of extra money that he is not going to miss because he has his expenses figured out.. and he is sufficiently comfortable in terms of ongoingly putting that amount into bitcoin.

You are right because in as much as most people intend to hold their Bitcoin for a very long term without the provision or planning to keep buying or adding Bitcoin to their portfolio they could end up not getting a tangible amount of profit after holding for long, so actually what determines our success on holding is the ability for us to keep investing either on a daily, weekly or a monthly basis depending on how is more suitable for their financial strength, however I love this conversation because most persons believe that if they invest a little amount of Bitcoin that they would have a huge return in the future without knowing it may not be possible, so perhaps they could learn from your clarification on the need to continue keeping their investment running instead of feeling reluctant after investing a little amount.

[tottong]

If the concept is investment, of course there will be no such thing as wanting to make short profits. Everything requires a process, both time, patience and the funds you use.
Instead of wanting to invest in Bitcoin for a short period of time and want to get profits quickly, you are here as a trader, not an investor.

at the very least, those investors continue to accumulate bitcoins until the next halving in 2028 without selling them. Only then can you taste the sweetness of investing in Bitcoin. Once you know the sweetness, I'm sure you won't be willing to sell the bitcoins you have accumulated, instead you will want to continue adding to your bitcoin holdings.

No one ignores the process, but people see this step as one of the best investments from the previous concept so Bitcoin is one of the best choices today.
In the short term, large profits can only be achieved when people have large capital, whereas if they only have small capital, profits will be followed by the amount of capital we spend. There is no chance of making big profits in a short time by relying on small capital and almost none anywhere.

The accumulation method is a strategy that needs to be thought about and if we don't have a lot of money then we have to make every effort so that assets can increase slowly.
The next half must be the target of achieving the large profits we want and the method must be based on the ability to accumulate gradually until the half arrives again.

[Notalony]

Very true as a common man all we need is patience in other to grow.
Investing on Bitcoin is one of the best investment in the world right now and Bitcoin investment needs endurance in other to gain profit.
The best thing to do when investing on Bitcoin is to invest and forget about it because it needs time, when you invest on Bitcoin and then put your hope in wanting to gain profit quick it will cause you depression, invest on Bitcoin and give it time, give it more time and you will be proud you were patient.

Yes I agree with you that every Bitcoin investor needs patient and endurance to gain profit but I think it is also important that the investor must also be consistence in buying Bitcoin so that he can have a large amount of Bitcoin and hold patiently and endure for long without seeing it as a burden or stress.

[YUriy1991]

Yes I agree with you that every Bitcoin investor needs patient and endurance to gain profit but I think it is also important that the investor must also be consistence in buying Bitcoin so that he can have a large amount of Bitcoin and hold patiently and endure for long without seeing it as a burden or stress.

Well, many natural of course and talking about stress is born not without reason, after I read a poignant quote from jjg about the Outline of JJG's Bitcoin Investment Ideas specifically sitting at point https://bitcointalk.org/index.php?topic=5376945.msg58719590#msg58719590.

If we have understood it carefully, I think it will be very easy to manage it without pressure because this is related to the ability to maintain our BTC investment and will not be confused with our daily spending needs, so investing must certainly be soft, calm, fun and ultimately win.

[arjunmujay]

There is no chance of making big profits in a short time by relying on small capital and almost none anywhere.

The accumulation method is a strategy that needs to be thought about and if we don't have a lot of money then we have to make every effort so that assets can increase slowly.
The next half must be the target of achieving the large profits we want and the method must be based on the ability to accumulate gradually until the half arrives again.

Never mind $100/week, those who can only allocate $10/week can really accumulate bitcoin holdings. It just takes a longer time to feel the many benefits.

If we can't allocate large investment funds here, we can still allocate a longer period of time.

For example, if you have $100/week, you can take the target only until the next halving, whereas for those with only $10 you can take the investment target for 2 halvings.
but the issue of targets and profits depends on each individual. because it still looks at age too. If you start at the age of 40 with an allocation of $10/week with a target of 2 halvings, of course you can experience maximum profits at the age of 48.

[Bd officer]

A common man can become rich with Bitcoin if only he believes in the future of Bitcoin by considering it to have a solid foundation and not as risky as some people claims or proclaims, a common man must work towards doing what the rich does whic has a lot to do with taken risk based on believe. Bitcoin has given equal opportunity to both the common man and the rich which at the end patient happens to be a virtue, a common man can invest in Bitcoin through dca strategy it will only take longer time to have a sizeable worth of Bitcoin to grow and have a compounded value.

Yes common man should follow DCA. Because it is not possible for a common man to invest a large amount at once. If a common man invests in DCA method for long term he can definitely succeed. Investing in Bitcoin requires patience but many ordinary people cannot afford to be patient. Now if you are a common man then you should continue to invest in Bitcoin with DCA method for long term. If you don't invest in DCA method for a long time then you can make losses instead of profits. Before investing in Bitcoin you must first learn to be patient. Another important thing is to invest what you can afford to lose.

[Pi-network314159]

The common man fail to become successful with bitcoin investment because they continue listen to the media, believing influencers or top figures who knows nothing about bitcoin investment.

bitcoin is not and will never be an investment. An investment is something that you hope will increase in value,

If bitcoin is not an asset what do you think Bitcoin is? You sound like someone who is not well knowledgeable about Bitcoin. A volatile assets like bitcoin which has never disappointed human for over some couples of years now. Many physical asset you claim to be a better asset over bitcoin has been left behind and bitcoin was chosen instead of it and yet you still say Bitcoin is not an will never be an investment. Why do Michael J Saylor (micro strategy)
chose bitcoin as their highest investment? If you check there track record you will discover that after all investment made by micro strategy, bitcoin prove to be the best investment. that is why they have been buying and stocking bitcoin. And now it's their most gained asset/investment.

here is no way to guarantee that with bitcoin... if someone treats bitcoin as some kind of stake in a company that generates wealth and consumer goods, bitcoin will be a disappointment.

I just did some research to prove to you that bitcoin is a good investment and also a volatile assets. here are The Richest Crypto And Bitcoin Billionaires In The World 2024  
Tim Draper
Cameron Winklevoss
Jed McCaleb
Mike Novogratz
Michael Saylor
Matthew Roszak
though some of them made there money from other crypto currency but the highest person made it through bitcoin alongside with others I listed above. so you don have any prove to say bitcoin will be a disappointment. Or bitcoin is not and will never be an investment as you said.

[ZippyPixL]

"common man", a common term for the average citizen.
"An average citizen", one who strives daily
To meet up in securing the basic necessities of life. Approached by Bitcoin , the common man sees hope!
Hope of a bright future.
Hope of achieving a longtime dream of primordial success.
Hope of all sorts and to all kinds of men
Bitcoin was like the bright light at the end ot the tunnel.
And it still is!

But with all the challenges faced by the average man, many have given up hope in this light(Bitcoin) .
Patience is one key factor to acquiring success through Bitcoin .

If only the common man would have to be patient, then a guarantee of life long success can be attainable.

It's a kind of financial utopia, imagine if everyone had the patience to hold on through the ups and downs. Realistically though Bitcoin's value often rises or falls because not everyone can hang tight. Some people sell off during those dips, and that's just human nature.
If we all could keep our cool and ride out the volatility, who knows how high it could go? But this dynamic of quick sellers and steadfast holders is what keeps the Bitcoin world turning.

[Mayor of ogba]

They just need to adopt frugal or minimalism living and they should use almost all of their money to invest in Bitcoin. They don't have to prepare emergency funds because Bitcoin itself is high liquidity currency which you can sell immediately for your needs.

Since bitcoin is not a get-rich-quick scheme, it is not good for them to invest almost what they have in bitcoin because they can't hold their bitcoin for the long term. Since they don't have a good income source, they should adopt the DCA strategy and use 10% of their salary to accumulate bitcoin and also use 20% of their salary to keep an emergency fund they will use to solve their unforeseen problems so that they will not sell their bitcoin to survive, and they will also hold their bitcoin until the expected year they wish to sell it.

From what the OP said, they see bitcoin as a way of getting financial freedom, so selling their bitcoin to get a quick profit will not help them achieve it; they need to hold bitcoin for the long term before they can achieve it.

[Yukyzu]

Yes common man should follow DCA. Because it is not possible for a common man to invest a large amount at once. If a common man invests in DCA method for long term he can definitely succeed. Investing in Bitcoin requires patience but many ordinary people cannot afford to be patient. Now if you are a common man then you should continue to invest in Bitcoin with DCA method for long term. If you don't invest in DCA method for a long time then you can make losses instead of profits. Before investing in Bitcoin you must first learn to be patient. Another important thing is to invest what you can afford to lose.

It is true that it is very difficult for people who are new to investing to invest large amounts and for those who have the desire to invest in Bitcoin then they can use the method you have mentioned, I am sure if they can do it well with this method then they They will also be able to gain profits from the investments they carry out and it would be better for some people who don't understand the slightest thing about investment, so it is important for them to learn about it and not immediately start investing so that they lose the money they have in that investment.