Hopefully for your own good, you figure out a position size that allows you to prepare for 10 years from now and perhaps longer (to the extent that you don't have age and/or healthy issues that would not allow you to prepare that far into the future).
Since you have been registered here since September 2016 (9.5 years), perhaps you have already figured out some way to take some kind of a reasonable and meaningful position in bitcoin - whether you are still building that position or if you believe you reached a status of having enough or more than enough bitcoin.
We surely cannot go back in time for guys who might have had been around bitcoin for decent amounts of time and who may have had not been building a decent and/or reasonable bitcoin position based on their own skepticisms of bitcoin or their other views about investing into bitcoin as compared with other places that you could choose to put your time, energy and value.
There are many people who have known about Bitcoin for eight or 10 years but have not invested in it yet. The only reason for their lack of investment is not that they do not have money but the most important reason is that they may have been waiting all the time and could not dare to start investing. Those who have already missed this opportunity are certainly regretting it now but they should not waste time in the future but should prepare for the future by using the lessons they have learned from the past. If investors take investment decisions considering their income status, expenses, health or other aspects and if they ensure that investing a certain amount of money in Bitcoin continuously will not feel pressured for them then they can plan and start investing accordingly and if they invest with such a plan then their investment will definitely last long.
People do not necessarily learn from their past mistakes, and many continue to make the same mistake which revolves around their being too late.. So the solution seems to be to get started rather than continuing to think about it without acting.
The fact of the matter seems to be that any guy who had attempted to invests into bitcoin at a reasonable level (something like 10% of his income) could have had invested somewhere around his annual income into bitcoin over around 9.5 years and been in a position of had invested around a whole years of his income, which currently would result in the potential to have gotten to a position of having enough bitcoin or perhaps even more than enough bitcoin... and yeah sometimes it can be difficult to ongoingly, persistently, consistently and even regularly be putting some thing like 10% of a guys income into bitcoin.
Surely 10% of your income would have had been reasonable, yet still you would have had needed to be in a position that at least 10%, and perhaps even closer to 20% of your income could be considered as discretionary income.. which yeah, sometimes can be a challenge.
That is why no amount of investment should be underestimated, here it is clear that by continuing to invest in small amounts, at some point the amount of that investment becomes much more. I think that no matter how little money we earn, if we set aside 10% of that money for investment, it will not be much pressure for us and if we can invest this 10% continuously for eight years or 9 years or 10 years, then the amount of money we can earn per year is almost equal to the amount of money we can earn per year, but Bitcoin will accumulate over this long period.
Suppose someone earns 20 thousand dollars in a year and he sets aside 10% of his income and invests it continuously and he keeps his investment for nine or 10 years, but after these nine or 10 years, his investment amount will be about twenty thousand dollars, that is, it is very high. If the investor did not invest his 10%, then this 10% money would have been spent on some other thing, due to which this support would not have been created later.
10% is a relatively modest target investment amount that many people can figure out ways to meet such levels, unless they really have low discretionary funds, then they would need to adjust downwardly as a way to account for their low discretionary fund levels.
On the other hand, if you were to be starting from the beginning right now to establish your bitcoin stash, then you may well need to try to to invest closer to 20% of your annual income into bitcoin, which it can be more difficult for some guys to get to high enough discretionary levels, so ultimately you have to work with what you got.. yet again, it can be hard to know the circumstances of anyone, including that each person surely has to account for their discretionary income in terms of figuring out how aggressive they are able to be in their bitcoin accumulation and to get their bitcoin to a place of having enough or more than enough.
If someone wants to start investing now, he must first be sure of his monthly income and total expenses. Apart from expenses, he must be sure of how much money he has left. If he sees that he has 20% or a little more money left, then he can start his continuous investment phase with 10% or 15%.
If the remaining money is 20% or 25% and from there he can start with 10% or 15%, then I think it will definitely not be a pressure for him. That is why there will be no pressure because even after investing, he will have some money left.
There is no free lunch, so we cannot proclaim to know what is pressure or not for any other person other than ourselves. A person has to figure out his balance and take action to invest in bitcoin. If he cannot motivate himself to invest in bitcoin, then he will have to live with the consequences of not having had invested.
sure it is reasonable to spend half or even 3/4 of your discretionary funds for investing, yet those are still discretionary choices.. and so if we look at discretionary funds we see that they can be allocated to investing, saving and/or consumption.. so maybe it would be good to start with 1/3 of the discretionary funds being allocated for each of those three categories... and yeah, if there are some reasons to allocate more in one direction or another then those adjustments could be made.
Investors are advised to be stress-free because if they consider investment to be a pressure, they will not be able to move very far with that pressure.
I think management is more important in investment, in real experience I have seen people who earn relatively more money but they do not understand the proper management of that money, that is, when money comes to them, they spend it unplanned, as a result of which they face financial crisis at the end of the month, similarly I have seen people with low income who follow a lot of plans and they set aside money for savings at the end of the month. So with proper management and if there is an investment plan, then it is definitely possible for an investor to invest consistently with 10% and 15% at the end of the month and this investment can be made long-term.
I actually do not want to interfere with anyone's investment strategy, there are many who invest aggressively, now if those who have the ability do it aggressively, then it is not a problem. Whether investors invest aggressively or invest slowly, they can continue their investment for a long time without stress.
There are some aspects of life that can have stress, so sure, maybe it is possible to avoid stress, yet I am not sure if everyone has the same goal in that way... even though they might try to set their investment and/cashflow management systems up in such way to provide them some balance so that they minimize how emotional that they might get about their investment and/or any other aspects of their cashflow management at any given time.
