Come to think of it?

[bittraffic]

but come to think of it, those little amount of money that you want to be keeping as savings why not use it and invest in BTC continuously becaus that money you want to keep as savings can also be called your (discretionary income)  rather than keeping it in a bank as savings which will not bring you profit in return, why not use the money and be  buying BTC and hold it for long period of time, no money is too small to be  invest.

It is wise to start investing after doing a thorough study about Bitcoin. If you do not get the right information about Bitcoin, you will not be able to invest for a long time. You will be scared by the downward trend of Bitcoin. However, if you start investing in Bitcoin from the downward market, you will be able to profit a lot after a certain period of time.

However, remember, Bitcoin is not a scheme to become rich by investing in the short term.

I'm sure if you wanted to invest a small amount you wouldn't be thinking of cashing it out after it grows like 2% within a month. for small amount to gain a considerable amount of profit, you would need the price of BTC  to climb more than 400k or more so when you have small amount just forget it on your wallet. Withdraw them if you really needed such as small amount.

But why invest small when you can do bigger by DCAing as most people would suggest.

[Koadharber]

but come to think of it, those little amount of money that you want to be keeping as savings why not use it and invest in BTC continuously becaus that money you want to keep as savings can also be called your (discretionary income)  rather than keeping it in a bank as savings which will not bring you profit in return, why not use the money and be  buying BTC and hold it for long period of time, no money is too small to be  invest.

Come to think about these things on why people dont do such act:

1. Doesnt know Bitcoin or crypto
2. Does still not have that confidence towards crypto
3. They dont really like for their savings to see going up and down or simply with volatility.
4. Still trust FIAT all the way

Just let people do their thing and made out their own realizations on which we cant be able to deny that we do still trust FIAT no matter what
and wanting to have savings into our banks and since not all would really be that knowledgeable about cryptocurrencies and on the moment that they've been that
able to know then its up to them whether they will really be having some considerations or not.

[Zanab247]

but come to think of it, those little amount of money that you want to be keeping as savings why not use it and invest in BTC continuously becaus that money you want to keep as savings can also be called your (discretionary income)  rather than keeping it in a bank as savings which will not bring you profit in return, why not use the money and be  buying BTC and hold it for long period of time, no money is too small to be  invest.

It is wise to start investing after doing a thorough study about Bitcoin. If you do not get the right information about Bitcoin, you will not be able to invest for a long time. You will be scared by the downward trend of Bitcoin. However, if you start investing in Bitcoin from the downward market, you will be able to profit a lot after a certain period of time.

However, remember, Bitcoin is not a scheme to become rich by investing in the short term.

I'm sure if you wanted to invest a small amount you wouldn't be thinking of cashing it out after it grows like 2% within a month. for small amount to gain a considerable amount of profit, you would need the price of BTC  to climb more than 400k or more so when you have small amount just forget it on your wallet. Withdraw them if you really needed such as small amount.

But why invest small when you can do bigger by DCAing as most people would suggest.

Invest what you can afford to lose in BTC investment, and if you use small amount of money to buy BTC and hodl, I guess you will make a good decision that will open your eyes to see more opportunity in BTC investment. Just know how to hodl BTC for a long years before you can sell or trade, because it will boost your profit because the price of BTC don't remain in a particular price in five years and it can pump and dump for people to take advantage of the market.

Going into DCA method to accumulate BTC, you must have source of income because that is the only thing that will make you to continue to buy BTC without selling BTC on time.

[STT]

Some money is too small, there is alot of people with only pocket change left after their bills are paid.  Bitcoin does need to include everyone even the poorest people, if it ever fails to serve its named purpose of bits and becomes about whales buying billions then I really believe it will not succeed I will not be bullish then.
    BTC can cost a little too much to transfer sometimes, that is some impediment if we consider the great many who are poor and dealing in small amounts so thats the only time I wonder about an amount being too small.

why people dont do such act

Mobiles bought alot more people online who not be here otherwise, its about convenience and ease of use imo so BTC will continue to enlargen every year that it is a convenient and good alternative to FIAT paper and the politics of inflation which most poor people deal with constantly.

[JeffBrad12]

but come to think of it, those little amount of money that you want to be keeping as savings why not use it and invest in BTC continuously becaus that money you want to keep as savings can also be called your (discretionary income)  rather than keeping it in a bank as savings which will not bring you profit in return, why not use the money and be  buying BTC and hold it for long period of time, no money is too small to be  invest.

some people are afraid of risk, so they don't invest in BTC and letting their money sits in bank.

but they ignored the simple fact that investing it or not, their money will lose value overtime, only risky investment with high enough APR can help them beat the inflation and make profit while at it.

i'm apparently more scared of my money getting eaten by inflation than investing in bitcoin that's why most of my money 90% are in bitcoin.
for other people, they just don't think about it deep enough to justify investing in bitcoin but they will in the future when inflation goes out of control which I hope won't happen.

[wakier]

If you save a small amount and put it in bitcoin and leave it for a long time, then what will you use when an emergency situation hits you? Actually you give good advice than saving money in the bank and always being cut by interest every month, it is better to invest it, but do you know that if you save in bitcoin, sometimes you will experience losses because the price is not always stable, but you still maintain it and do not sell it. But the question is, are you able to maintain your investment in the long term if all your savings are invested in Bitcoin?

[Republikcoin.com]

If you save a small amount and put it in bitcoin and leave it for a long time, then what will you use when an emergency situation hits you? Actually you give good advice than saving money in the bank and always being cut by interest every month, it is better to invest it, but do you know that if you save in bitcoin, sometimes you will experience losses because the price is not always stable, but you still maintain it and do not sell it. But the question is, are you able to maintain your investment in the long term if all your savings are invested in Bitcoin?

This is a very interesting question and if I may give the answer, why do you start thinking about other people's abilities in terms of Bitcoin investment and even asking questions like that as if other people don't have the ability to run Bitcoin investments in the long term? Doesn't everyone have quite different abilities in anything so that we don't have to equate our own abilities with other people's abilities in anything including in terms of making savings or deposits or even investing in Bitcoin.

Because if you are still thinking about the decline in the price of Bitcoin and are afraid of Bitcoin because the price is never stable, why are you even on the Bitcoin forum . Besides, why when someone is afraid of a price drop as if they have forgotten that Bitcoin can also increase again after a correction and this is a fact that cannot be denied by anyone because it has been clearly proven since Bitcoin was born in 2009 until now.

But there is one more thing that you forget to remember that fiat money is an asset that can be eroded by inflation regardless of who it belongs to. So when you still idolize fiat money and don't like to invest in Bitcoin just because of the unstable price, it indicates that you don't really understand Bitcoin because you still imagine that fiat money is everything.

[Iranus]

If you save a small amount and put it in bitcoin and leave it for a long time, then what will you use when an emergency situation hits you? Actually you give good advice than saving money in the bank and always being cut by interest every month, it is better to invest it, but do you know that if you save in bitcoin, sometimes you will experience losses because the price is not always stable, but you still maintain it and do not sell it. But the question is, are you able to maintain your investment in the long term if all your savings are invested in Bitcoin?

Many people like to compare bank savings and investing in bitcoin, and start giving advice to others based on their thoughts. But they forget that everyone has a different life and economy, no two are the same. Indeed, if it is the only money they have and the purpose is to spend it in an emergency, there is nothing wrong with putting the money in the bank. It would be a bad idea to use our only emergency savings to invest in bitcoin, an investment that is extremely volatile and could cause us to lose in the short term.

Saving and investing are not one, we should separate and have a reasonable allocation. It is not wise financial management to lump them together and treat them as one.

[justdimin]

Many people like to compare bank savings and investing in bitcoin, and start giving advice to others based on their thoughts. But they forget that everyone has a different life and economy, no two are the same. Indeed, if it is the only money they have and the purpose is to spend it in an emergency, there is nothing wrong with putting the money in the bank. It would be a bad idea to use our only emergency savings to invest in bitcoin, an investment that is extremely volatile and could cause us to lose in the short term.

Saving and investing are not one, we should separate and have a reasonable allocation. It is not wise financial management to lump them together and treat them as one.

I could understand the risk, but if it is your only money, then bank could be a mistake too, isn't it? Think about it, the only reason they are not putting their money in bitcoin and instead prefer a bank is because they may need the money, and bitcoin could crash at times and they may lose money.

But, we all know there have been times when banks collapsed and took all your money with it too, so that means maybe that isn't the smartest decision. By that logic, buy gold and hide it somewhere safe, that way you could be more guaranteed, unless it is stolen. So as you can see, everything has a risk, you are taking risk one way or another, if you "prefer" it, then I understand, but you shouldn't prefer it just because of safety.

[Iranus]

I could understand the risk, but if it is your only money, then bank could be a mistake too, isn't it? Think about it, the only reason they are not putting their money in bitcoin and instead prefer a bank is because they may need the money, and bitcoin could crash at times and they may lose money.

But, we all know there have been times when banks collapsed and took all your money with it too, so that means maybe that isn't the smartest decision. By that logic, buy gold and hide it somewhere safe, that way you could be more guaranteed, unless it is stolen. So as you can see, everything has a risk, you are taking risk one way or another, if you "prefer" it, then I understand, but you shouldn't prefer it just because of safety.

I agree with you that everything has risks including gold or banking, but I don't know if there are differences in regulations and laws in each country. But in my country, losing money because of a bank collapse has never happened. Because most banks operate under the control and management of the central bank, and once a bank is at risk of bankruptcy or collapse. The central bank would buy back or confiscate assets and people's deposits would be guaranteed, and I believe the world banking system will work the same way.

Like the US banks that collapsed in the 2022 crisis, most of these banks were acquired by other banks with the supervision and approval of the Fed.

In your country, has anyone ever lost money due to a bank bankruptcy, or is it just unverified news circulating on social media?

If compare bitcoin, banks, and gold; which one would be the choice for storing short term savings and we are not biased. It is clear that bitcoin is the riskiest.

[Marvelockg]

Just let people do their thing and made out their own realizations on which we cant be able to deny that we do still trust FIAT no matter what
and wanting to have savings into our banks and since not all would really be that knowledgeable about cryptocurrencies and on the moment that they've been that

Everybody has the right to do what they want to do with their lives and personal finances. That is a fact, but some people make certain decisions out of ignorance and will do better if they know that there are better ways of going about certain things. understand that if everybody keeps calm and allows people to do what they want to do, we will have a lot of people that will end up making some sort of foolish decisions every time due to ignorance.

Lack of accountability is part of the reason why people just spend their money recklessly instead of investing them into something that has the potential of giving them returns with time. Again, no one should be forced into investing if they don't want to, but if they know what they stand to gain for effectively managing their finances and putting them to good use, they will be better positioned to make their decision the way that suits them.

[Justbillywitt]

but come to think of it, those little amount of money that you want to be keeping as savings why not use it and invest in BTC continuously becaus that money you want to keep as savings can also be called your (discretionary income)  rather than keeping it in a bank as savings which will not bring you profit in return, why not use the money and be  buying BTC and hold it for long period of time, no money is too small to be  invest.

The way you said it is just too simple, do you think is everybody who believe in Bitcoin investing? We have many who believe that keeping money in the bank is better and we also have those who believe in Bitcoin investing where you hold everything in your wallet for it to grow and give you something profitable, it goes two ways. Remember that is not everyone who have that patience to wait for a very long time for your investment to come out big and before you convince people to start making Bitcoin their bank in investing I think you'd have to preach very well like you're converting a sinner to a born again before you can get at least 1 or 2 persons, it will be hard, to me is best for everyone to choose which ever way he or she wants to invest his or her money, weather in Bitcoin or bank.

You have just said it all, besides there is never going to be a time when the entire world population would invest in bitcoin, I don't see that happening. Same way we still have people who don't have a bank account. The funny thing is that, when you sweet talk people into investing in bitcoin, they won't stay for long. There are different forms of investment all over, depending on each individual risk tolerance level, they should pick which investment is appropriate for them. Bitcoin is a good investment, but it's best done when we make up our mind to do it, and not when someone is trying to make us invest in it when we are not ready. Besides we can't invest all our money in bitcoin all at once. No matter how much investment we have in bitcoin, we definitely need to have little savings in the bank as well to run our daily lives, as fiat is still the most widely accepted in most societies.

[Mehmet69]

but come to think of it, those little amount of money that you want to be keeping as savings why not use it and invest in BTC continuously becaus that money you want to keep as savings can also be called your (discretionary income)  rather than keeping it in a bank as savings which will not bring you profit in return, why not use the money and be  buying BTC and hold it for long period of time, no money is too small to be  invest.

Of course, no amount is too small for investment. The wise say

"Little drops of water,
Little grains of sand,
Make the mighty ocean
And the pleasant land."

Source of the poem

So your small investment can be a big start to your investment. So don't worry about your amount, just keep investing consistently. And set a goal for your investment. One day you will succeed.

[hyudien]

Of course, no amount is too small for investment. The wise say

"Little drops of water,
Little grains of sand,
Make the mighty ocean
And the pleasant land."

Source of the poem

So your small investment can be a big start to your investment. So don't worry about your amount, just keep investing consistently. And set a goal for your investment. One day you will succeed.

As the saying goes, little by little will become a hill. For people who are not born to be whales it doesn't matter to buy a little because if we are consistent with what our goals are then surely and surely we will reap the results of the seeds we plant including when we invest in bitcoin. This is what I always apply when investing in this asset and the use of the DCA strategy makes it all easier as long as we have a steady income and use our free time to work part time so that when the market is sluggish we can buy more bitcoin.

[hero_the_bossman]

but come to think of it, those little amount of money that you want to be keeping as savings why not use it and invest in BTC continuously becaus that money you want to keep as savings can also be called your (discretionary income)  rather than keeping it in a bank as savings which will not bring you profit in return, why not use the money and be  buying BTC and hold it for long period of time, no money is too small to be  invest.

Of course, no amount is too small for investment. The wise say

"Little drops of water,
Little grains of sand,
Make the mighty ocean
And the pleasant land."

Source of the poem

So your small investment can be a big start to your investment. So don't worry about your amount, just keep investing consistently. And set a goal for your investment. One day you will succeed.

It keeps piling up if accumulated appropriately, so that's great that the poem is working in such a way

[Kelward]

If you save a small amount and put it in bitcoin and leave it for a long time, then what will you use when an emergency situation hits you? Actually you give good advice than saving money in the bank and always being cut by interest every month, it is better to invest it, but do you know that if you save in bitcoin, sometimes you will experience losses because the price is not always stable, but you still maintain it and do not sell it. But the question is, are you able to maintain your investment in the long term if all your savings are invested in Bitcoin?

Investing money in Bitcoin is as important as saving money in the bank, Bitcoin was not created to eliminated the banking system. It wouldn't make any sense if you don't have sufficient funds and you want to invest in Bitcoin, it is a volatile asset and it's price can dump when you need to sell and take care of your needs. Have a budget for your income, put amount for short term use in the bank and if there is some to put aside you can use it to invest in Bitcoin. Bitcoin investment is not a do it die affair, if you don't have sufficient funds to buy, forget about it and save your money in the bank for short term use. When you have sufficient funds you can buy Bitcoin and hold for a long term.

[yudi09]

but come to think of it, those little amount of money that you want to be keeping as savings why not use it and invest in BTC continuously becaus that money you want to keep as savings can also be called your (discretionary income)  rather than keeping it in a bank as savings which will not bring you profit in return, why not use the money and be  buying BTC and hold it for long period of time, no money is too small to be  invest.

Not knowing yet so they are reluctant to use their money to invest in Bitcoin for a long period of time. Their knowledge is only saving money in the bank with the interest that will be received.

If people know how Bitcoin works every year with the advantages that Bitcoin has, I am sure they will stop using banks as a place to save money in different amounts for each person.
Only people who have knowledge about Bitcoin are willing to save their money in Bitcoin consistently for the desired time.

[Salahmu]

I'm sure if you wanted to invest a small amount you wouldn't be thinking of cashing it out after it grows like 2% within a month. for small amount to gain a considerable amount of profit, you would need the price of BTC  to climb more than 400k or more so when you have small amount just forget it on your wallet. Withdraw them if you really needed such as small amount.

But why invest small when you can do bigger by DCAing as most people would suggest.

You don't no how some people are, they can still cash it out if they want to, no matter how little their investment is, however talking about small amount the two percentcan be  $20 if the person has $1k and they think of removing it immediately, actually I'm not in support of quick removal of invested amount of Bitcoin but I'm statting that having small amount cannot change the mind of quick sellers because they reason that if they should be getting two percent they might be multiplying their capital in no time which is not an investment of a future goal.

[harapan]

but come to think of it, those little amount of money that you want to be keeping as savings why not use it and invest in BTC continuously becaus that money you want to keep as savings can also be called your (discretionary income)  rather than keeping it in a bank as savings which will not bring you profit in return, why not use the money and be  buying BTC and hold it for long period of time, no money is too small to be  invest.

Absolutely I find it hard to save up some funds in the bank cause instead of gaining profitable interests I'll be in loss and there's no point with that, moreso this is the era of investment so saving money in the bank is not a good criteria rather it's best one go into accumulating Bitcoin and hodl for the time being but basically with an amount that they can afford cause the markets for Bitcoin isn't a that friendly st the moment and things tend to change overtime so starting small is a good idea.

[Mehmet69]

but come to think of it, those little amount of money that you want to be keeping as savings why not use it and invest in BTC continuously becaus that money you want to keep as savings can also be called your (discretionary income)  rather than keeping it in a bank as savings which will not bring you profit in return, why not use the money and be  buying BTC and hold it for long period of time, no money is too small to be  invest.

Absolutely I find it hard to save up some funds in the bank cause instead of gaining profitable interests I'll be in loss and there's no point with that, moreso this is the era of investment so saving money in the bank is not a good criteria rather it's best one go into accumulating Bitcoin and hodl for the time being but basically with an amount that they can afford cause the markets for Bitcoin isn't a that friendly st the moment and things tend to change overtime so starting small is a good idea.

I completely agree with you. Depositing money in the bank only makes money. In the era of investment, why should we harm ourselves by saving money in the bank? If you deposit money in the bank, the bank will give you a profit of 5% per annum. But if you invest in the right way and at the right price, you can get up to 5 times profit after a while.

So in my opinion, do not waste time by depositing money in the bank, but invest in the right place.