Balancing Financial security and Bitcoin Accumulation

[GIF-JOBS]

There are many investors who are not motivated to invest despite having money. They definitely need to have a good understanding of Bitcoin at the beginning. But in most cases, the picture that is seen is that they get stuck in the middle due to lack of investment knowledge. There are many people who cannot maintain their investment after investing in Bitcoin. The purpose for which they invested is not successful. An investor should definitely give importance to several things while investing in Bitcoin. At the beginning of the investment, it should be seen whether he has the capacity to invest. If he has discretionary income and if he can invest in Bitcoin regularly for a long time, then he can benefit from Bitcoin investment at some stage.

Knowledge is what makes people invest in Bitcoin. That is why you see someone who thinks Bitcoin is too expensive to invest in, while they can just invest the little they can afford and do so consistently. You will also see people who are earning well but still find it difficult to invest.

Money doesn't really determine Bitcoin investment; though money is important, you can still have money and not invest. Knowledge is the principal thing in Bitcoin investment. That is why you can see a student who depends on their parents for upkeep money, but the person is consistently investing in Bitcoin. This is not because the money is too available, but this investment is possible because of the understanding one has about Bitcoin investment.

Agreed, when you have the right knowledge about Bitcoin and you understand the real potential of Bitcoin, then no matter what your income is, you will be motivated to invest and you will be able to invest successfully, it is true that human desire is the biggest thing, when someone wants to invest with real money, nothing can be an obstacle for him. Despite your low income, it is possible to buy Bitcoin consistently through proper financial management, but for this you must maintain the right mindset, that is, you must have faith in Bitcoin and maintain the willpower to invest successfully, then of course it is possible to invest successfully by overcoming any obstacle.

[Regardme]

Truly, the emergency funds is very vital for our bitcoin investment, the importance of having an emergency funds cannot be overemphasized as it goes a long way to protecting and sustaining our bitcoin investment. But, not having an emergency funds doesn’t mean we can’t own or start an investment in bitcoin, what you need to start or accumulate bitcoin is just a discretionary income. The idea is, as far as you’re accumulating bitcoin and hold for the long term without panicking to sell or  selling when it’s not yet appropriate to do so. It’s advisable to get started in accumulating bitcoin first and along the line we can be building up our emergency funds with time, but not having an emergency funds shouldn’t prevent one from investing and accumulating bitcoin when your discretionary income is available.

Just as a sensible income is needed to start investing, 2 more things are needed
1 Basic knowledge about Bitcoin
2 Faith in Bitcoin

There are many investors who are not motivated to invest despite having money. They definitely need to have a good understanding of Bitcoin at the beginning. But in most cases, the picture that is seen is that they get stuck in the middle due to lack of investment knowledge. There are many people who cannot maintain their investment after investing in Bitcoin. The purpose for which they invested is not successful. An investor should definitely give importance to several things while investing in Bitcoin. At the beginning of the investment, it should be seen whether he has the capacity to invest. If he has discretionary income and if he can invest in Bitcoin regularly for a long time, then he can benefit from Bitcoin investment at some stage.

Yes, there are many people who aren’t motivated to invest in bitcoin despite having money, and lack of understanding is one thing here. Although there are some other factors too that might affect them, such as;
• level of risk tolerance, most of them see Bitcoin investment as something they can’t keep up with due to its high volatility, they panic quickly when there’s a price drop and as such want to avoid such kind of investment not knowing that it’s an opportunity to accumulate more bitcoin
• scam alert, so many people have been scammed using the word cryptocurrency, so they generalize it as being a fraudulent coin. That’s why we ought to specify it as Bitcoin when educating people so we don’t mix things up
• Uncertainty in the regulatory system, I remember few years ago when the Nigeria government tries to ban crypto transactions in Nigeria. This might create great fear to some people. And so many other reasons but I think with a proper education and understanding on how bitcoin investments works, and possible strategies to follow in order to become a successful Bitcoin investor, will change there narratives and get them motivated to invest in bitcoin.

[cxtreenal]

There are many investors who are not motivated to invest despite having money. They definitely need to have a good understanding of Bitcoin at the beginning. But in most cases, the picture that is seen is that they get stuck in the middle due to lack of investment knowledge. There are many people who cannot maintain their investment after investing in Bitcoin. The purpose for which they invested is not successful. An investor should definitely give importance to several things while investing in Bitcoin. At the beginning of the investment, it should be seen whether he has the capacity to invest. If he has discretionary income and if he can invest in Bitcoin regularly for a long time, then he can benefit from Bitcoin investment at some stage.

Knowledge is what makes people invest in Bitcoin. That is why you see someone who thinks Bitcoin is too expensive to invest in, while they can just invest the little they can afford and do so consistently. You will also see people who are earning well but still find it difficult to invest.

Money doesn't really determine Bitcoin investment; though money is important, you can still have money and not invest. Knowledge is the principal thing in Bitcoin investment. That is why you can see a student who depends on their parents for upkeep money, but the person is consistently investing in Bitcoin. This is not because the money is too available, but this investment is possible because of the understanding one has about Bitcoin investment.

Knowledge is important for Bitcoin but having a flow of discretionary funds is also an important point. There are many investors who are regularly accumulating Bitcoin targeting the time till which their discretionary funds flow is sure to flow. They start putting their footprint in their portfolio when they are aware of the basic knowledge of Bitcoin.

It is true that even with a lot of money you have, you may spend time negligently in accumulating Bitcoins but time will not give you any discount. So you should avoid waiting for the time that tempts you to buy more dips. here is no need to look for dips to accumulate Bitcoin, it is still within the buying range. Even if there is no flow of additional money you should prepare to start Bitcoin because if you have basic knowledge and a flow of discretionary funds.

[Shadiq]

Knowledge is important for Bitcoin but having a flow of discretionary funds is also an important point. There are many investors who are regularly accumulating Bitcoin targeting the time till which their discretionary funds flow is sure to flow. They start putting their footprint in their portfolio when they are aware of the basic knowledge of Bitcoin.

It is true that even with a lot of money you have, you may spend time negligently in accumulating Bitcoins but time will not give you any discount. So you should avoid waiting for the time that tempts you to buy more dips. here is no need to look for dips to accumulate Bitcoin, it is still within the buying range. Even if there is no flow of additional money you should prepare to start Bitcoin because if you have basic knowledge and a flow of discretionary funds.

Discretionary money and knowledge complement each other. It is not possible or difficult to get good results in Bitcoin investment without each other. Basic knowledge is first needed for investment so that you are interested in Bitcoin investment and you can trust Bitcoin. Then, using that interest and trust, you can enter Bitcoin investment if you have a source of discreet income or money under consideration.

After starting investment, you should have an investment strategy and it must suit your position. From my point of view, DCA strategy can be the best for you, no matter what your situation is, and I would recommend DCA strategy for you. In investment, you should never wait for a specific market period or for a DIP or a decline in order to be tempted by small profits. In this, you will get nothing but delay and lag in your investment journey.

[sotelorene]

Because the DCA strategy reduces the price volatility to some extent.

Even if one makes use of DCA Strategy the price of Bitcoin will still keep going up and down after you buy. So I would say this-]DCA Strategy doesn't "stop" rather does it even "reduce"  volatility.What we can say that DCA Strategy does is that it helps spread your buys so you don’t risk putting all your money in at the worst time

No, I disagree on this your highlighted statement here buddy, the very purpose of dca accumulating strategy is to make accumulation of Bitcoin very easy and affordable even for the poor, because you can be buying it bit by bit according to your financial strength, and point of correction, their is no worst time to buy Bitcoin, because it's still very cheap when compared to how much the value can rise up to in the future, so what you said in the highlighted words are false.
Additionally, volatility is part of the nature of Bitcoin, so it wouldn't go away all of a sudden because you are accumulating through the dca strategy.

I agree with you Mr finebone because many folks failed to understand that DCA is the easiest method in accumulating Bitcoin regardless of your financial capability, and it also gives everyone including the poor an opportunity to be a partakers in bitcoin investment and its potential, however the future potentials of bitcoin is way beyond human imagination so it will be too  bad not to invest now that bitcoin is still affordable and accessible through dca strategy because their will be a time when bitcoin price will hit it's peak and I believe it could be too late by then.

The DCA method is a strategy that is equally effective for every investor, regardless of financial position, an investor can manage Bitcoin investment very well through DCA, because it will never see the amount of your investment, if you are consistent, it will give you a good chance of success, you should never worry about the price of Bitcoin, because it always moves with such volatility, so it is never the right decision to delay investment because of this volatility, the level of Bitcoin will rise much higher in the future, so instead of being afraid of this slight volatility, you should have a long-term perspective.

Bitcoin is among the top 5 greatest fast rising digital asset of all time if not the first and if it is not the first I believe with time it will top all other assets and so anyone who is not finding it interesting to invest and hold for long in this era with the little income they are getting of course using discretionary funds is really messing up big time because in the future there is no investment that will or can give what will Bitcoin will give and I still doubt if someone will not be interested to invest in Bitcoin in this stage unless he or she has not heard about Bitcoin and doesn't know how it works.

[JayJuanGee]

There are many investors who are not motivated to invest despite having money. They definitely need to have a good understanding of Bitcoin at the beginning. But in most cases, the picture that is seen is that they get stuck in the middle due to lack of investment knowledge. There are many people who cannot maintain their investment after investing in Bitcoin. The purpose for which they invested is not successful. An investor should definitely give importance to several things while investing in Bitcoin. At the beginning of the investment, it should be seen whether he has the capacity to invest. If he has discretionary income and if he can invest in Bitcoin regularly for a long time, then he can benefit from Bitcoin investment at some stage.

Knowledge is what makes people invest in Bitcoin. That is why you see someone who thinks Bitcoin is too expensive to invest in, while they can just invest the little they can afford and do so consistently. You will also see people who are earning well but still find it difficult to invest.

Money doesn't really determine Bitcoin investment; though money is important, you can still have money and not invest. Knowledge is the principal thing in Bitcoin investment. That is why you can see a student who depends on their parents for upkeep money, but the person is consistently investing in Bitcoin. This is not because the money is too available, but this investment is possible because of the understanding one has about Bitcoin investment.

Knowledge is not an all or nothing thing, so not very much knowledge is needed in order to get started in your bitcoin journey, yet it would be needed to either be more aggressive or to continue to invest through ongoing persistence consistent and regular buying. The behaviors reinforce the knowledge and conviction and the knowledge and conviction reinforces the behaviors of buying, and if you don’t screw up then you will likely continue to experience positive reinforcement through your bitcoin buying actions and hopefully through your building and maintaining strong cash flow management systems and practices. 

[EL MOHA]

Knowledge is not an all or nothing thing, so not very much knowledge is needed in order to get started in your bitcoin journey, yet it would be needed to either be more aggressive or to continue to invest through ongoing persistence consistent and regular buying. The behaviors reinforce the knowledge and conviction and the knowledge and conviction reinforces the behaviors of buying, and if you don’t screw up then you will likely continue to experience positive reinforcement through your bitcoin buying actions and hopefully through your building and maintaining strong cash flow management systems and practices. 

People need to differentiate between spot trading popular referred to as investing and futures trading, it is in futures trading that’s essential or extra knowledge is mostly needed, this knowledge is not so much needed when one wants to invest, yes have lots of it might help but it is not important the real knowledge is how to secure your bitcoin, how to buy bitcoin and if possible a drafted Method of how to DCA which is not even so important. All the Technical analysis and Fundamentals are just extras. In fact I can say that some times those with this knowledge often even over predict the market by waiting for some certain perfect buy opportunity and they miss out later one good buys whereas a noob will just stick to buying when even they have money and sometimes catches good entry than the other

[Finebone]

Bitcoin is among the top 5 greatest fast rising digital asset of all time if not the first and if it is not the first I believe with time it will top all other assets

Am a bit surprised that you didn't know that in this digital space Bitcoin is second to none. All other alt coin and meme coin are just full of shit, besides only the market cap of Bitcoin alone speaks volume that it is king among other asset, so you don't have to be contemplating if Bitcoin is the best or not, because it is actually the best.

[Gost ms]

Bitcoin is among the top 5 greatest fast rising digital asset of all time if not the first and if it is not the first I believe with time it will top all other assets

Am a bit surprised that you didn't know that in this digital space Bitcoin is second to none. All other alt coin and meme coin are just full of shit, besides only the market cap of Bitcoin alone speaks volume that it is king among other asset, so you don't have to be contemplating if Bitcoin is the best or not, because it is actually the best.

Investing based on price alone will not be right for a new person. Because as you said, the price of Bitcoin tells you that Bitcoin is the best. Yes, of course Bitcoin is better than all currencies, there is no doubt about it. But a new person will never understand it like that. Because

If a new person enters the market to invest. Then if an influential person launches a coin in the market and the price increases, then he will be interested in investing in that coin. As we have seen in Trump Coin. As soon as Trump Coin was launched in the market, its price increased to $ 62. But now the price has also decreased a lot. So it is never right to invest by looking at the price. A person needs to have basic knowledge about Bitcoin. You explain to him what Bitcoin is and ask him to do a little research, only then he will be able to understand why Bitcoin is the best of all coins.

[JayJuanGee]

Knowledge is not an all or nothing thing, so not very much knowledge is needed in order to get started in your bitcoin journey, yet it would be needed to either be more aggressive or to continue to invest through ongoing persistence consistent and regular buying. The behaviors reinforce the knowledge and conviction and the knowledge and conviction reinforces the behaviors of buying, and if you don’t screw up then you will likely continue to experience positive reinforcement through your bitcoin buying actions and hopefully through your building and maintaining strong cash flow management systems and practices. 

People need to differentiate between spot trading popular referred to as investing and futures trading, it is in futures trading that’s essential or extra knowledge is mostly needed, this knowledge is not so much needed when one wants to invest, yes have lots of it might help but it is not important the real knowledge is how to secure your bitcoin, how to buy bitcoin and if possible a drafted Method of how to DCA which is not even so important. All the Technical analysis and Fundamentals are just extras. In fact I can say that some times those with this knowledge often even over predict the market by waiting for some certain perfect buy opportunity and they miss out later one good buys whereas a noob will just stick to buying when even they have money and sometimes catches good entry than the other

My point is that knowledge comes in stages, and it is likely wrapped with action, and action reinforces knowledge.

Accordingly, a guy can get started investing in bitcoin with very little knowledge and learn as he goes. One of the main pieces of knowledge a guy needs to get started is whether or not he has any discretionary income, and then if he decides that he does, then he can pick how much he is going to start out with, and if he does not know much about bitcoin, then he would start out more conservatively until he gains more knowledge he can increase his level of aggressiveness.

Anyone investing should be motivated to investigate further into bitcoin as they are investigating. They do not need to investigate or have a lot of knowledge before starting, except maybe to be able to determine whether they have discretionary funds that they can put in to bitcoin as  they are learning  more about bitcoin and learning more about their cashflow management systems and practices.

[laijsica]

There are many investors who are not motivated to invest despite having money. They definitely need to have a good understanding of Bitcoin at the beginning. But in most cases, the picture that is seen is that they get stuck in the middle due to lack of investment knowledge. There are many people who cannot maintain their investment after investing in Bitcoin. The purpose for which they invested is not successful. An investor should definitely give importance to several things while investing in Bitcoin. At the beginning of the investment, it should be seen whether he has the capacity to invest. If he has discretionary income and if he can invest in Bitcoin regularly for a long time, then he can benefit from Bitcoin investment at some stage.

Knowledge is what makes people invest in Bitcoin. That is why you see someone who thinks Bitcoin is too expensive to invest in, while they can just invest the little they can afford and do so consistently. You will also see people who are earning well but still find it difficult to invest.

Money doesn't really determine Bitcoin investment; though money is important, you can still have money and not invest. Knowledge is the principal thing in Bitcoin investment. That is why you can see a student who depends on their parents for upkeep money, but the person is consistently investing in Bitcoin. This is not because the money is too available, but this investment is possible because of the understanding one has about Bitcoin investment.

Knowledge is not an all or nothing thing, so not very much knowledge is needed in order to get started in your bitcoin journey, yet it would be needed to either be more aggressive or to continue to invest through ongoing persistence consistent and regular buying. The behaviors reinforce the knowledge and conviction and the knowledge and conviction reinforces the behaviors of buying, and if you don’t screw up then you will likely continue to experience positive reinforcement through your bitcoin buying actions and hopefully through your building and maintaining strong cash flow management systems and practices. 

Surely. It's good to be knowledgeable, but you don't have to be too knowledgeable to invest in Bitcoin. Some new investors say they want to invest but they actually have limited knowledge or know very little about Bitcoin. Some investors are hesitant to invest aggressively in Bitcoin despite the fact that the income stream is definitely strong, but they should remember that if they are in initial stage about Bitcoin in the beginning they can start right away. It's not important that some poor folk have a strong income stream.They have a flow of discretionary funds that are useful for investing in Bitcoin in the long term.

[ruykeri]

There are many investors who are not motivated to invest despite having money. They definitely need to have a good understanding of Bitcoin at the beginning. But in most cases, the picture that is seen is that they get stuck in the middle due to lack of investment knowledge. There are many people who cannot maintain their investment after investing in Bitcoin. The purpose for which they invested is not successful. An investor should definitely give importance to several things while investing in Bitcoin. At the beginning of the investment, it should be seen whether he has the capacity to invest. If he has discretionary income and if he can invest in Bitcoin regularly for a long time, then he can benefit from Bitcoin investment at some stage.

Knowledge is what makes people invest in Bitcoin. That is why you see someone who thinks Bitcoin is too expensive to invest in, while they can just invest the little they can afford and do so consistently. You will also see people who are earning well but still find it difficult to invest.

Money doesn't really determine Bitcoin investment; though money is important, you can still have money and not invest. Knowledge is the principal thing in Bitcoin investment. That is why you can see a student who depends on their parents for upkeep money, but the person is consistently investing in Bitcoin. This is not because the money is too available, but this investment is possible because of the understanding one has about Bitcoin investment.

You are right, it is not enough to have money alone, we must know Bitcoin well. If someone has basic knowledge about Bitcoin, as well as the right way to invest, then he will be at a relatively low risk if he invests. However, another thing to keep in mind is that the scope of knowledge in Bitcoin is very large. So, without taking extra time, just knowing as much as any can will be enough to gain the experience to invest in Bitcoin. If anyone waste a lot of time studying about Bitcoin, then he will lose some opportunities to invest in Bitcoin. Therefore, he should start investing in Bitcoin in addition to gaining knowledge. In fact, he cannot own Bitcoin only if he have a lot of money. he must have desire, trust, and confidence. Those who do not have much income but have a little discretionary income at the end of the month, if they want, they can invest in Bitcoin by following DCA with less money. If someone starts investing in Bitcoin with the intention of continuing to invest for a long time, they will be able to earn many times more profit from Bitcoin than investing anywhere else.

[Barikui1]

My point is that knowledge comes in stages, and it is likely wrapped with action, and action reinforces knowledge.

Accordingly, a guy can get started investing in bitcoin with very little knowledge and learn as he goes. One of the main pieces of knowledge a guy needs to get started is whether or not he has any discretionary income, and then if he decides that he does, then he can pick how much he is going to start out with, and if he does not know much about bitcoin, then he would start out more conservatively until he gains more knowledge he can increase his level of aggressiveness.

Anyone investing should be motivated to investigate further into bitcoin as they are investigating. They do not need to investigate or have a lot of knowledge before starting, except maybe to be able to determine whether they have discretionary funds that they can put in to bitcoin as  they are learning  more about bitcoin and learning more about their cashflow management systems and practices.

All that you said here are actually true sir, knowledge comes in stages and an investor don't has to know it all before starting, having the basic knowledge about it and how to accumulate with his discretionary funds is ok, along the line he can seek more knowledge on all that is needed to be successful in his investment, where the major challenge normally lies is that most folks thinks that they must know a lot before starting, and by seeking more knowledge without starting first, they will be wasting more valuable opportunities that should have been used to accumulate Bitcoin.

Sometimes these guys don't even know that you are only investing from their discretionary funds, they acted ignorantly by investing first before thinking of sorting out their basic needs, which might compel them in most cases to temper with the Bitcoin they have initially acquired, so having knowledge to me is important but it's not enough, what's enough for me is having the right knowledge and and acting when you should have acted, not tomorrow or next tomorrow.

[Joeboy]

Knowledge is not an all or nothing thing, so not very much knowledge is needed in order to get started in your bitcoin journey, yet it would be needed to either be more aggressive or to continue to invest through ongoing persistence consistent and regular buying. The behaviors reinforce the knowledge and conviction and the knowledge and conviction reinforces the behaviors of buying, and if you don’t screw up then you will likely continue to experience positive reinforcement through your bitcoin buying actions and hopefully through your building and maintaining strong cash flow management systems and practices.  

You are spot on sir. When it comes to Bitcoin accumulation  you don't need to be a master at technical analysis before buying, you don't even need to have millions of dollars in your account before you start your accumulation journey ( since Bitcoin is divided into 100 million satoshis). The honest truth about Bitcoin accumulation is that the best "teacher” is consistent action, as long as it’s backed by good habits like securing your coins properly( security) and only using discretionary income.

One very thing about Bitcoin accumulation is that when you start buying with the little knowledge you have even though it is in small quantities, you will have this natural curiosity to know more about Bitcoin because you now have your foot in it. And this Natural curiosity will further push you into asking relevant questions, relating with fellow Bitcoiners etc.

Bitcoin accumulation can be likened to muscle building. You don’t neccesarily need to wait until you fully understand your body     ( i.e when you body will start feeling the effect of the weight you will be lifting or if you body is even resistant to it), before hitting the gym. Its you start up and then your consistency, that gives you full and better understanding of your body. This is basically how Bitcoin is, you start small, keep buying and then keep learning

[fredericktaylor]

There are many investors who are not motivated to invest despite having money. They definitely need to have a good understanding of Bitcoin at the beginning. But in most cases, the picture that is seen is that they get stuck in the middle due to lack of investment knowledge. There are many people who cannot maintain their investment after investing in Bitcoin. The purpose for which they invested is not successful. An investor should definitely give importance to several things while investing in Bitcoin. At the beginning of the investment, it should be seen whether he has the capacity to invest. If he has discretionary income and if he can invest in Bitcoin regularly for a long time, then he can benefit from Bitcoin investment at some stage.

Knowledge is what makes people invest in Bitcoin. That is why you see someone who thinks Bitcoin is too expensive to invest in, while they can just invest the little they can afford and do so consistently. You will also see people who are earning well but still find it difficult to invest.

Money doesn't really determine Bitcoin investment; though money is important, you can still have money and not invest. Knowledge is the principal thing in Bitcoin investment. That is why you can see a student who depends on their parents for upkeep money, but the person is consistently investing in Bitcoin. This is not because the money is too available, but this investment is possible because of the understanding one has about Bitcoin investment.

Knowledge is not an all or nothing thing, so not very much knowledge is needed in order to get started in your bitcoin journey, yet it would be needed to either be more aggressive or to continue to invest through ongoing persistence consistent and regular buying. The behaviors reinforce the knowledge and conviction and the knowledge and conviction reinforces the behaviors of buying, and if you don’t screw up then you will likely continue to experience positive reinforcement through your bitcoin buying actions and hopefully through your building and maintaining strong cash flow management systems and practices. 

Surely. It's good to be knowledgeable, but you don't have to be too knowledgeable to invest in Bitcoin. Some new investors say they want to invest but they actually have limited knowledge or know very little about Bitcoin. Some investors are hesitant to invest aggressively in Bitcoin despite the fact that the income stream is definitely strong, but they should remember that if they are in initial stage about Bitcoin in the beginning they can start right away. It's not important that some poor folk have a strong income stream.They have a flow of discretionary funds that are useful for investing in Bitcoin in the long term.

It is true that even if someone is at a first stage in investing in Bitcoin, he can start investing in Bitcoin because it does not require additional knowledge or money to start investing. Along with long-term investment, a person can gradually become more knowledgeable about Bitcoin and become more aware of his own confidence and money, which helps him to be aware of the purpose of specifying a long-term investment plan. To start investing in Bitcoin, it is enough to have a prudent income as well as fundamental perspective. The possibility of getting good results from Bitcoin can usually be found in long-term investments.

[Lembo69]

There are many investors who are not motivated to invest despite having money. They definitely need to have a good understanding of Bitcoin at the beginning. But in most cases, the picture that is seen is that they get stuck in the middle due to lack of investment knowledge. There are many people who cannot maintain their investment after investing in Bitcoin. The purpose for which they invested is not successful. An investor should definitely give importance to several things while investing in Bitcoin. At the beginning of the investment, it should be seen whether he has the capacity to invest. If he has discretionary income and if he can invest in Bitcoin regularly for a long time, then he can benefit from Bitcoin investment at some stage.

Knowledge is what makes people invest in Bitcoin. That is why you see someone who thinks Bitcoin is too expensive to invest in, while they can just invest the little they can afford and do so consistently. You will also see people who are earning well but still find it difficult to invest.

Money doesn't really determine Bitcoin investment; though money is important, you can still have money and not invest. Knowledge is the principal thing in Bitcoin investment. That is why you can see a student who depends on their parents for upkeep money, but the person is consistently investing in Bitcoin. This is not because the money is too available, but this investment is possible because of the understanding one has about Bitcoin investment.

Yes, you are right, knowledge is important for Bitcoin investment. Because it is not a matter of strength but of intelligence. The more you spend your knowledge, the more you will learn and understand. The more pressure you put on investing in Bitcoin and the more they cheer, the more you will fall behind. Because invest for as long as possible. Long-term investment will help you build a risk-free investment and you can earn a lot of Bitcoin.

You can also invest in the DCA strategy. The DCA strategy will help you manage your investment with your money in a risk-free way. There are always alternative paths open for a wise person. You can start investing in a small amount and profit in a short time if you can continue your Bitcoin investment with the DCA strategy. A wise person always wants to save his money for the future because he can use this money in his retirement age. When his body does not have strength and he gets old, then the money he invests will be useful. Therefore, it is wise to have an interest in investing and invest for the future.

[Cossyblack]

There are many investors who are not motivated to invest despite having money. They definitely need to have a good understanding of Bitcoin at the beginning. But in most cases, the picture that is seen is that they get stuck in the middle due to lack of investment knowledge. There are many people who cannot maintain their investment after investing in Bitcoin. The purpose for which they invested is not successful. An investor should definitely give importance to several things while investing in Bitcoin. At the beginning of the investment, it should be seen whether he has the capacity to invest. If he has discretionary income and if he can invest in Bitcoin regularly for a long time, then he can benefit from Bitcoin investment at some stage.

Knowledge is what makes people invest in Bitcoin. That is why you see someone who thinks Bitcoin is too expensive to invest in, while they can just invest the little they can afford and do so consistently. You will also see people who are earning well but still find it difficult to invest.

Money doesn't really determine Bitcoin investment; though money is important, you can still have money and not invest. Knowledge is the principal thing in Bitcoin investment. That is why you can see a student who depends on their parents for upkeep money, but the person is consistently investing in Bitcoin. This is not because the money is too available, but this investment is possible because of the understanding one has about Bitcoin investment.

Knowledge is not an all or nothing thing, so not very much knowledge is needed in order to get started in your bitcoin journey, yet it would be needed to either be more aggressive or to continue to invest through ongoing persistence consistent and regular buying. The behaviors reinforce the knowledge and conviction and the knowledge and conviction reinforces the behaviors of buying, and if you don’t screw up then you will likely continue to experience positive reinforcement through your bitcoin buying actions and hopefully through your building and maintaining strong cash flow management systems and practices. 

True words sir, There is no point for someone to wait until he knows everything about bitcoin before he can start buying Bitcoin.since Bitcoin is still an evolving asset no one has complete knowledge of it yet. So for a fresh start what's is required to get started is to have little knowledge about bitcoin particularly to learn & understand how to buy & hold, and also to have a Discretional funds ready to start buying persistently & consistently.  Also for someone to be persistently & consistently accumulating bitcoin will also depends if he has a strong inflow of discretional income that comes weekly or monthly. However the experience he has acquired while accumulating bitcoin persistently consistently will also improve his knowledge on Bitcoin and will also help to continue investing right for the long term.

[SmartCharpa]

Knowledge is what makes people invest in Bitcoin. That is why you see someone who thinks Bitcoin is too expensive to invest in, while they can just invest the little they can afford and do so consistently. You will also see people who are earning well but still find it difficult to invest.

Money doesn't really determine Bitcoin investment; though money is important, you can still have money and not invest. Knowledge is the principal thing in Bitcoin investment. That is why you can see a student who depends on their parents for upkeep money, but the person is consistently investing in Bitcoin. This is not because the money is too available, but this investment is possible because of the understanding one has about Bitcoin investment.

I agree with you that knowledge is important, and this is why people invest in Bitcoin since they understand its value. People cannot invest in something nowadays unless they know or understand its value. It is clear that some people have the chance to invest in Bitcoin but find it difficult to do it due to a lack of knowledge. If some wealthy people discovered that something like Bitcoin existed, they would rush to invest their money.

When it comes to Bitcoin investing, knowledge and money go together hand in hand, both are important since you cannot invest without knowledge and money that you can leave in it for a long period of time. If you believe in Bitcoin, you can start using the little knowledge you have, while we learn as we grow our holdings. It's not about having a perfect start, it's about seeing how far we can go with our investment.

[Rockson1]

Knowledge is what makes people invest in Bitcoin. That is why you see someone who thinks Bitcoin is too expensive to invest in, while they can just invest the little they can afford and do so consistently. You will also see people who are earning well but still find it difficult to invest.

Money doesn't really determine Bitcoin investment; though money is important, you can still have money and not invest. Knowledge is the principal thing in Bitcoin investment. That is why you can see a student who depends on their parents for upkeep money, but the person is consistently investing in Bitcoin. This is not because the money is too available, but this investment is possible because of the understanding one has about Bitcoin investment.

I rather say exposure and information can influence the mindset of people to invest in bitcoin although it also go down to the knowledge of a thing but in the general understanding, what everyone needs to invest in bitcoin is basic knowledge, I think is the mindset of people in regards to the value of bitcoin that makes them feel that bitcoin is expensive and for that it is an investment for the rich only, I have actually met some people that thinks exactly this way, individual mindset concerning how to invest in bitcoin can be reshaped by the privileged information they get from whoever or bitcoiners.

Anyone person that have a good income and still find it difficult to invest in bitcoin is either misifomed or not informed at all, I want to say this here, as long as I know that there are many people that have not invested in bitcoin, I will still want to tell us that some of these are as a result of how skeptical some them are about bitcoin, is not as if they have not heard about bitcoin and even how to invest in it gradually and hodl for a long-term but because they are not ready to face their fear squarely, hey understand this, no one understands bitcoin more than a bitcoin investors itself, practical is the real deal.

[Shadiq]

Yes, you are right, knowledge is important for Bitcoin investment. Because it is not a matter of strength but of intelligence. The more you spend your knowledge, the more you will learn and understand. The more pressure you put on investing in Bitcoin and the more they cheer, the more you will fall behind. Because invest for as long as possible. Long-term investment will help you build a risk-free investment and you can earn a lot of Bitcoin.

You can also invest in the DCA strategy. The DCA strategy will help you manage your investment with your money in a risk-free way. There are always alternative paths open for a wise person. You can start investing in a small amount and profit in a short time if you can continue your Bitcoin investment with the DCA strategy. A wise person always wants to save his money for the future because he can use this money in his retirement age. When his body does not have strength and he gets old, then the money he invests will be useful. Therefore, it is wise to have an interest in investing and invest for the future.

Some of your sentences are very confusing. I think you still do not have proper knowledge about investment, you should definitely do more research on investment.

Even though investment is long-term, it is not risk-free, but the risk may be somewhat less. Even no matter how carefully you invest and no matter what steps you take, Bitcoin investment will never be risk-free. You should definitely gain knowledge about risk management and do research.

DCA strategy is one of the best strategies for investment and it is quite effective. But even investing in DCA strategy will not make you risk-free. No matter what investment you make and no matter how knowledgeable you are, there will always be risk in investment, whether it is less or more.

Even you should never focus on short-term profits. This makes you sound like a trader. To be successful in investment, you have to give up the temptation of short-term profits and focus on achieving goals. Even no one will give you a 100% guarantee of success in investment. So don't take the future for granted and gain knowledge about risk management.