Balancing Financial security and Bitcoin Accumulation

[Bigjoe33]

Some of the investors that are accumulating Bitcoin with a big amount of money at the moment were accumulating Bitcoin with a small amount of money, but they were able to work on their finances, and they got good discretionary income that allows them to top up their accumulation amount. So having a little discretionary income should not stop people from starting up Bitcoin investment because they can start with the small discretionary income at their reach at the moment and work on their finances so they can be able to top up their investment.

There is always power in starting a thing, it comes with a different mindset and zeal. And we must always remember that ''a journey of a thousand miles begins with just a step'', and another is, ''A drop of water makes a mighty Ocean''. All this statements are real life situations and are very much realistic. If the DCA strategy of accumulating Bitcoin offers an opportunity of investing in bitcoin with a price as low as $10 weekly or monthly, and with privilege to increase the DCA amount at will and/or regulate your buying amount depending on your cash flow, what other golden chance do people need to get started with there investments if they are able to figure out there discretionary income?
Any investor still waiting for big discretionary income before they begin there investments, or still sitting round the corner and waiting for more Dips before they buy Bitcoin is not serious and may never begin his investment since we can't really predict Bitcoin price movement.

[Proty]

Some of the investors that are accumulating Bitcoin with a big amount of money at the moment were accumulating Bitcoin with a small amount of money, but they were able to work on their finances, and they got good discretionary income that allows them to top up their accumulation amount. So having a little discretionary income should not stop people from starting up Bitcoin investment because they can start with the small discretionary income at their reach at the moment and work on their finances so they can be able to top up their investment.

There is always power in starting a thing, it comes with a different mindset and zeal. And we must always remember that ''a journey of a thousand miles begins with just a step'', and another is, ''A drop of water makes a mighty Ocean''. All this statements are real life situations and are very much realistic. If the DCA strategy of accumulating Bitcoin offers an opportunity of investing in bitcoin with a price as low as $10 weekly or monthly, and with privilege to increase the DCA amount at will and/or regulate your buying amount depending on your cash flow, what other golden chance do people need to get started with there investments if they are able to figure out there discretionary income?
Any investor still waiting for big discretionary income before they begin there investments, or still sitting round the corner and waiting for more Dips before they buy Bitcoin is not serious and may never begin his investment since we can't really predict Bitcoin price movement.

There are many that fails to understand that they can start accumulating bitcoin gradually and then be able to build up a good portfolio in bitcoin. Not having a lump sum shouldn't be an excuse for not starting to buy bitcoin besides there are still investors that do have lump sum but still start with little amounts using DCA strategy.
The most crucial thing is to have a discretionary income to invest with and then focus on continuous accumulation of bitcoin regardless of how small we may start. Before intervals of 5 years if we are consistent with our DCA strategy we may have built up a good portfolio.

[Cgrexp]

Some of the investors that are accumulating Bitcoin with a big amount of money at the moment were accumulating Bitcoin with a small amount of money, but they were able to work on their finances, and they got good discretionary income that allows them to top up their accumulation amount. So having a little discretionary income should not stop people from starting up Bitcoin investment because they can start with the small discretionary income at their reach at the moment and work on their finances so they can be able to top up their investment.

There is always power in starting a thing, it comes with a different mindset and zeal. And we must always remember that ''a journey of a thousand miles begins with just a step'', and another is, ''A drop of water makes a mighty Ocean''. All this statements are real life situations and are very much realistic. If the DCA strategy of accumulating Bitcoin offers an opportunity of investing in bitcoin with a price as low as $10 weekly or monthly, and with privilege to increase the DCA amount at will and/or regulate your buying amount depending on your cash flow, what other golden chance do people need to get started with there investments if they are able to figure out there discretionary income?
Any investor still waiting for big discretionary income before they begin there investments, or still sitting round the corner and waiting for more Dips before they buy Bitcoin is not serious and may never begin his investment since we can't really predict Bitcoin price movement.

There are many that fails to understand that they can start accumulating bitcoin gradually and then be able to build up a good portfolio in bitcoin. Not having a lump sum shouldn't be an excuse for not starting to buy bitcoin besides there are still investors that do have lump sum but still start with little amounts using DCA strategy.
The most crucial thing is to have a discretionary income to invest with and then focus on continuous accumulation of bitcoin regardless of how small we may start. Before intervals of 5 years if we are consistent with our DCA strategy we may have built up a good portfolio.

When an investor makes a one-time purchase of Bitcoin, they expect the price to increase and their investment to grow over time. However, if the price does not increase, disappointment can ensue, especially if the purchase is made at the top of the market and the profit may take a long time to accrue. A good strategy to address this risk is the DCA method, where one buys Bitcoin in stages. This reduces market volatility and allows for an average price to be invested, and reduces the time it takes to enter the market. For new investors, buying Bitcoin in stages can be a safer and more sustainable alternative to, or in addition to, a large one-time purchase. Even if someone wants to make a few large purchases over the course of four years, it is still possible to build a more stable Bitcoin holding by setting aside some capital to DCA on a weekly or monthly basis.

[AuchanX]

Some of the investors that are accumulating Bitcoin with a big amount of money at the moment were accumulating Bitcoin with a small amount of money, but they were able to work on their finances, and they got good discretionary income that allows them to top up their accumulation amount. So having a little discretionary income should not stop people from starting up Bitcoin investment because they can start with the small discretionary income at their reach at the moment and work on their finances so they can be able to top up their investment.

There is always power in starting a thing, it comes with a different mindset and zeal. And we must always remember that ''a journey of a thousand miles begins with just a step'', and another is, ''A drop of water makes a mighty Ocean''. All this statements are real life situations and are very much realistic. If the DCA strategy of accumulating Bitcoin offers an opportunity of investing in bitcoin with a price as low as $10 weekly or monthly, and with privilege to increase the DCA amount at will and/or regulate your buying amount depending on your cash flow, what other golden chance do people need to get started with there investments if they are able to figure out there discretionary income?
Any investor still waiting for big discretionary income before they begin there investments, or still sitting round the corner and waiting for more Dips before they buy Bitcoin is not serious and may never begin his investment since we can't really predict Bitcoin price movement.

besides there are still investors that do have lump sum but still start with little amounts using DCA strategy.

The main reason this is for risk management. Putting in a Large sum of money at once can create stress due to market fluctuations.But DCA reduces that stress and keeps the investor away from wrong decisions like timing the market. Moreover, if you buy little by little with the DCA strategy, the price will normalize and balance over time. You don't have to change your decision because of price increases or decreases. And buying small amounts regularly turns investing into a routine, which is very important for Long Term survival.

[ejikeme24]

The main reason this is for risk management. Putting in a Large sum of money at once can create stress due to market fluctuations.But DCA reduces that stress and keeps the investor away from wrong decisions like timing the market.

Whether investor chose to buy in lump sum or the DCA if they are not disciplined enough they will surely feel stress or being pressured when there's dip, if DCA is stress free as you think those who are going with that method is not supposed to feel pressured during the dip. but it is funny to see that most DCA guys still panic when there's dip, that is to show that the DCA can only reduce stress that's depending on how discipline we are if you're not well disciplined don't feel that the DCA method would help you reduce the stress.

[Creeper0]

Whether investor chose to buy in lump sum or the DCA if they are not disciplined enough they will surely feel stress or being pressured when there's dip, if DCA is stress free as you think those who are going with that method is not supposed to feel pressured during the dip. but it is funny to see that most DCA guys still panic when there's dip, that is to show that the DCA can only reduce stress that's depending on how discipline we are if you're not well disciplined don't feel that the DCA method would help you reduce the stress.

The feeling of panic or stress in a falling market, the increase in stress and the decrease in stress can vary based on your experience and knowledge about Bitcoin. Investment strategies do not control stress or force you to panic.

Whether a person adopts the DCA strategy or adopts the dip strategy or the lump sum strategy, if that person does not have an idea about the Bitcoin market, does not have full confidence in Bitcoin or does not have good knowledge about Bitcoin, then it is natural for him to panic. When you build your full confidence in Bitcoin and are able to adapt to the market, then it will be possible for you to enjoy any moment. Because you are adapting or learning to adapt to the volatility of Bitcoin.

[Bigjoe33]

The main reason this is for risk management. Putting in a Large sum of money at once can create stress due to market fluctuations.But DCA reduces that stress and keeps the investor away from wrong decisions like timing the market.

Whether investor chose to buy in lump sum or the DCA if they are not disciplined enough they will surely feel stress or being pressured when there's dip, if DCA is stress free as you think those who are going with that method is not supposed to feel pressured during the dip. but it is funny to see that most DCA guys still panic when there's dip, that is to show that the DCA can only reduce stress that's depending on how discipline we are if you're not well disciplined don't feel that the DCA method would help you reduce the stress.

Surely, if an investor accumulates Bitcoin using the DCA strategy but fails to do such accumulation from his discretionary income, then he must face stress and panic during Dips since he might have invested wrongly(not from his discretionary), or maybe other financial demands might arise which he cannot handle. Thus, it is very much importance that an investor invests from his discretionary(money left after settling basic needs), so that he wouldn't be investing with the money he is not supposed to invest with, thereby leading to serious panic in future

Secondly, while he is ongoingly investing into Bitcoin gradually with his discretionary income, he would gradually learn better income management and allocation that would help him strike a balance between his Cash flow and what his investment amount would be, either weekly or monthly to ensure he invests within his means and without panic or much stress

[Grace333]

Some of the investors that are accumulating Bitcoin with a big amount of money at the moment were accumulating Bitcoin with a small amount of money, but they were able to work on their finances, and they got good discretionary income that allows them to top up their accumulation amount. So having a little discretionary income should not stop people from starting up Bitcoin investment because they can start with the small discretionary income at their reach at the moment and work on their finances so they can be able to top up their investment.

There is always power in starting a thing, it comes with a different mindset and zeal. And we must always remember that ''a journey of a thousand miles begins with just a step'', and another is, ''A drop of water makes a mighty Ocean''. All this statements are real life situations and are very much realistic. If the DCA strategy of accumulating Bitcoin offers an opportunity of investing in bitcoin with a price as low as $10 weekly or monthly, and with privilege to increase the DCA amount at will and/or regulate your buying amount depending on your cash flow, what other golden chance do people need to get started with there investments if they are able to figure out there discretionary income?
Any investor still waiting for big discretionary income before they begin there investments, or still sitting round the corner and waiting for more Dips before they buy Bitcoin is not serious and may never begin his investment since we can't really predict Bitcoin price movement.

There are many that fails to understand that they can start accumulating bitcoin gradually and then be able to build up a good portfolio in bitcoin. Not having a lump sum shouldn't be an excuse for not starting to buy bitcoin besides there are still investors that do have lump sum but still start with little amounts using DCA strategy.
The most crucial thing is to have a discretionary income to invest with and then focus on continuous accumulation of bitcoin regardless of how small we may start. Before intervals of 5 years if we are consistent with our DCA strategy we may have built up a good portfolio.

Like, you do not even need big lump sum before you start with Bitcoin. Starting small is still starting, and consistency matters way more than the amount self..  Even people with plenty money still choose DCA because it removes pressure and emotions from the process of their accumulation..

As long as it is discretionary income, money you would not need for rent, food, or emergencies, you are already on the right path. Keep accumulating little by little and give it time. In a few years, especially 5 to 10 years of staying consistent, those small buys would likely quietly turn into a solid Bitcoin portfolio.

[Mr_Brilliant$]

The main reason this is for risk management. Putting in a Large sum of money at once can create stress due to market fluctuations.But DCA reduces that stress and keeps the investor away from wrong decisions like timing the market.

Whether investor chose to buy in lump sum or the DCA if they are not disciplined enough they will surely feel stress or being pressured when there's dip, if DCA is stress free as you think those who are going with that method is not supposed to feel pressured during the dip. but it is funny to see that most DCA guys still panic when there's dip, that is to show that the DCA can only reduce stress that's depending on how discipline we are if you're not well disciplined don't feel that the DCA method would help you reduce the stress.

Whether you are using DCA or even lump sum does not automatically decide whether someone will feel less stress during a dip.. That stress thing starts way earlier than the method you use, it starts from your mindset and approach before even think of investing in Bitcoin ..
It is not really about DCAing or not.. It is about the kind of money you are using..  If you are investing money that would already make you uncomfortable losing, you will panic no matter the strategy..  But when it is truly discretionary income, money you can afford to lock up and forget, dips would not shake you that much..

Also, the long term mindset matters too a lot.. When you are focused on where Bitcoin is heading years from now, a dip just looks like noise, not a problem.. That is why some people DCA and still panic, the issue is not the method, it is the lack of patience, discipline, and long term conviction...

[Frankolala]

Surely, if an investor accumulates Bitcoin using the DCA strategy but fails to do such accumulation from his discretionary income, then he must face stress and panic during Dips since he might have invested wrongly(not from his discretionary), or maybe other financial demands might arise which he cannot handle. Thus, it is very much importance that an investor invests from his discretionary(money left after settling basic needs), so that he wouldn't be investing with the money he is not supposed to invest with, thereby leading to serious panic in future.

Anyone not investing from his discretionary income is only gambling and wasting his precious time. He's not investing because when his needs arises he will sell at loss if bitcoin is below his entry point.

This why only your discretionary income should be used to invest even though, it doesn't come regularly. No matter how small it is if it's regular and you buy weekly overtime, you will be surprised with what you have accumulated in ten years time. The more you are in the market, the more confidence you have in bitcoin. This is why DCA is good to build our confidence on bitcoin through regular accumulation overtime.

[PhilosopherKing]

Chasing of quick profit in Bitcoin seems so fucked up for guys to be engaging in. Trading of Bitcoin should never be an option for guys who are really concerned about growing their wealth. From my little time here, I have learnt alot from Mister Jayjuagee, and I utilized that knowledge and ever since I have always stayed the fuck away from trading Bitcoin. I rather chose the best option which is investing in Bitcoin with the mindset of holding for a cycle and more. I have been also very consistent with making use of the DCA approach

You need to try to be realistic PhilosopherKing in terms of how long you think that you need to invest into bitcoin before you might  be able to really start to reap benefits off of it.

Sure in some sense merely by building your bitcoin holdings you are improving your financial and psychological circumstances because you are increasing your options... yet at the same time, I am currently thinking that if guys are merely investing from their income and they do not have investment, savings and/or capital prior to coming to bitcoin, then it is quite likely that the best that they might be able to do is to invest into bitcoin with about 15% to 25% of their target income level per year, and even investing at that rate it may well take at least (if not more) than 2 whole cycles to start to get close to having enough bitcoin.

It so true Mister Jay that the level of people's income determines the speed of their accumulation, and that the reality that many guys still finds hard to fucking believe. If your only source of discretionary income is from your little monthly income, then no amount of wishful thinking or magic can speed the process up. That is why in such a case it would be so awkward and foolish for guys to be expecting profit or some crazy life changing results even after investing for a cycle. When accumulating at such a minute rate , it may even take 2 cycles if not more to have a good number of bitcoin in your wallet. Expecting faster profits and results with little amount of money is what make guys to start doing stupid shits like trading bitcoin or panic selling.

[HodlPlanet]

In Bitcoin investment there is no such thing as perfect entry especially for investor because they believe in the DCA method using discretionary income to accumulate Bitcoin and if some old folk followed the mentality of perfect entry by now they would have been left out and some would not have even purchase Bitcoin talk more of holding for the long term. The idea of perfect entry has deceived many and not even because they were not smart but because they chose to believe and assimilate a wrong information that was inculcated or passed across and some has been fortunate to know the truth and divert to using the DCA method.

A perfect entry is when you have your discretionary income ready you can started with your BTC investment, those who says they are waiting for a perfect entry when they have their discretionary income are not ready to invest or trader who is waiting for the price of bitcoin to dip before they can buy, some keep on procrastinating about a good entry if the discretionary income is available the dca strategy can be used to buy BTC at which price it is and hold.

Since the price is completely uncertain, wasting time without investing is a big obstacle to investment. When someone delays starting to invest despite having sufficient financial resources or waits for a further decline, they will fail to make their investment. There are not a few investors who, despite having sufficient financial resources, wait for a further dip and later have to buy Bitcoin at a higher price or have lost the opportunity to invest. Even if a person is poor, if he is willing to invest regularly with his discretionary income, then as a result of his continuous investment, for long term he can definitely improve his situation.

The price of Bitcoin is uncertain, and waiting without Investing for fear of this uncertainty is actually the Biggest mistake. Many people delay making decisions even after having sufficient financial capacity and Hoping for further decline, and in the end are forced to buy at a higher price, or miss the Opportunity. There is no such thing as perfect timing. Those who continue to invest from their Discretionary income on a regular basis are the ones who Benefit in the long run. Even people with low incomes can Improve their Financial situation over time through Consistency and Patience.

[Emjay24]

Any investor still waiting for big discretionary income before they begin there investments, or still sitting round the corner and waiting for more Dips before they buy Bitcoin is not serious and may never begin his investment since we can't really predict Bitcoin price movement.

People always neglect the importance of starting out small and increasing their abilities overtime. Starting is the hardest thing in any profitable venture because people are always afraid to take the step or undermine the effectiveness of their limited resources when when committed consistently. Of course bitcoin investment is more profitable when we secure a bigger portfolio but it is not to be denied that everyone can still accumulate as their strength permits pending the time they have better cashflow to increase their aggressiveness.

The wait is pointless, a better success would be recorded in the future if the investor just starts up with the available discretionary income and follow up with his periodic buys consistently, increasing aggressiveness when possible as his financial condition increases. Staying in the market, even with small consistent capitals is more profitable that waiting unnecessarily.

[liasbaa]

In Bitcoin investment there is no such thing as perfect entry especially for investor because they believe in the DCA method using discretionary income to accumulate Bitcoin and if some old folk followed the mentality of perfect entry by now they would have been left out and some would not have even purchase Bitcoin talk more of holding for the long term. The idea of perfect entry has deceived many and not even because they were not smart but because they chose to believe and assimilate a wrong information that was inculcated or passed across and some has been fortunate to know the truth and divert to using the DCA method.

A perfect entry is when you have your discretionary income ready you can started with your BTC investment, those who says they are waiting for a perfect entry when they have their discretionary income are not ready to invest or trader who is waiting for the price of bitcoin to dip before they can buy, some keep on procrastinating about a good entry if the discretionary income is available the dca strategy can be used to buy BTC at which price it is and hold.

Since the price is completely uncertain, wasting time without investing is a big obstacle to investment. When someone delays starting to invest despite having sufficient financial resources or waits for a further decline, they will fail to make their investment. There are not a few investors who, despite having sufficient financial resources, wait for a further dip and later have to buy Bitcoin at a higher price or have lost the opportunity to invest. Even if a person is poor, if he is willing to invest regularly with his discretionary income, then as a result of his continuous investment, for long term he can definitely improve his situation.

The price of Bitcoin is uncertain, and waiting without Investing for fear of this uncertainty is actually the Biggest mistake. Many people delay making decisions even after having sufficient financial capacity and Hoping for further decline, and in the end are forced to buy at a higher price, or miss the Opportunity. There is no such thing as perfect timing. Those who continue to invest from their Discretionary income on a regular basis are the ones who Benefit in the long run. Even people with low incomes can Improve their Financial situation over time through Consistency and Patience.

You are right that there is no perfect time to invest in Bitcoin. Every time should be considered perfect for investors. Suppose you are a new investor and your objective is to buy during the dip in Bitcoin price. Accordingly you are saving funds and looking for a perfect time and passing the time but the price of Bitcoin is increasing and increasing. This means that you are falling behind in terms of investment.

Therefore, the right decision is to start now with the amount of funds available to you. Accumulating Bitcoin through discretionary income consolidates your expectations at a certain point regardless of the perfect time to invest. Despite the fact that your income is low, a long term Bitcoin accumulation gradually turns into a large asset.

[Cgrexp]

People always neglect the importance of starting out small and increasing their abilities overtime. Starting is the hardest thing in any profitable venture because people are always afraid to take the step or undermine the effectiveness of their limited resources when when committed consistently. Of course bitcoin investment is more profitable when we secure a bigger portfolio but it is not to be denied that everyone can still accumulate as their strength permits pending the time they have better cashflow to increase their aggressiveness.

The wait is pointless, a better success would be recorded in the future if the investor just starts up with the available discretionary income and follow up with his periodic buys consistently, increasing aggressiveness when possible as his financial condition increases. Staying in the market, even with small consistent capitals is more profitable that waiting unnecessarily.

It is beneficial for new investors to buy a certain amount of Bitcoin every week, especially when they are setting up a partnership for the first time. It is not necessary to know all the fundamentals of Bitcoin at the beginning and it is better to invest in small amounts without delay until they feel comfortable understanding the different aspects of Bitcoin. Therefore, it is a safe approach to start with small amounts and gradually increase the investment amount as they gain experience.

[Cossyblack]

The price of Bitcoin is uncertain, and waiting without Investing for fear of this uncertainty is actually the Biggest mistake. Many people delay making decisions even after having sufficient financial capacity and Hoping for further decline, and in the end are forced to buy at a higher price, or miss the Opportunity. There is no such thing as perfect timing. Those who continue to invest from their Discretionary income on a regular basis are the ones who Benefit in the long run. Even people with low incomes can Improve their Financial situation over time through Consistency and Patience.

There are bigger rewards for risk takers,those who aren't ready to risk it by investing in bitcoin may regret for not trying. When the price of bitcoin hit $500k, people who didn't invest when the price was $90k would regret they didn't invest earlier . Forget about perfect timing,they are simply afraid of investing in bitcoin. If they are afraid of investing now,I don't think they would Invest even if the price fells below $80k. Serious investors wouldn't be timing the market to buy bitcoin, instead they would buy regardless of price and Hodl for two  cycles.

[icebar]

Surely, if an investor accumulates Bitcoin using the DCA strategy but fails to do such accumulation from his discretionary income, then he must face stress and panic during Dips since he might have invested wrongly(not from his discretionary), or maybe other financial demands might arise which he cannot handle. Thus, it is very much importance that an investor invests from his discretionary(money left after settling basic needs), so that he wouldn't be investing with the money he is not supposed to invest with, thereby leading to serious panic in future.

Anyone not investing from his discretionary income is only gambling and wasting his precious time. He's not investing because when his needs arises he will sell at loss if bitcoin is below his entry point.

This why only your discretionary income should be used to invest even though, it doesn't come regularly. No matter how small it is if it's regular and you buy weekly overtime, you will be surprised with what you have accumulated in ten years time. The more you are in the market, the more confidence you have in bitcoin. This is why DCA is good to build our confidence on bitcoin through regular accumulation overtime.

Yes, if you cannot invest from your discretionary income, it is difficult to find confidence in investing. It may be that after starting the investment, after a while, your own needs or unexpected reasons will arise pressure on that money. And then there will be no option to sell your Bitcoin to overcome that pressure. When the investor invests with the income under his consideration, he will definitely be able to hold Bitcoin for the long term. If the income is small, then the investment will also be small and the amount of Bitcoin deposited there will also be small, which is why increasing assets more time is definitely needed. But if someone can use some additional income with his regular investment, then the amount of Bitcoin can be increased by using that money, which will also increase his return after a long time.

[NewRevelation]

Therefore, the right decision is to start now with the amount of funds available to you. Accumulating Bitcoin through discretionary income consolidates your expectations at a certain point regardless of the perfect time to invest. Despite the fact that your income is low, a long term Bitcoin accumulation gradually turns into a large asset.

Note that you don't start juts with the available funds with you as you stated. It must be stated clearly that you should get started with your discretionary income, of course, it's the money left over after settlement of basic needs. So this clearly means that before you began the investment, you have handled possible need that may arise within the time of your payment and till when another pay will come in.

Your statement above about consolidating a certain point regardless of the perfect time to invest is not clear to me. It should be clear that there is no perfect time to invest in bitcoin since the price is always fluctauting either upwards or downwards, so once you are able to figure out your discretionary income, one should begin his investment using the DCA strategy of accumulating Bitcoin and not wait for any unrealistic timing

[Joeboy]

Anyone not investing from his discretionary income is only gambling and wasting his precious time. He's not investing because when his needs arises he will sell at loss if bitcoin is below his entry point.

This why only your discretionary income should be used to invest even though, it doesn't come regularly. No matter how small it is if it's regular and you buy weekly overtime, you will be surprised with what you have accumulated in ten years time. The more you are in the market, the more confidence you have in bitcoin. This is why DCA is good to build our confidence on bitcoin through regular accumulation overtime.

It is very well true that folks should only invest in Bitcoin with their discretionary income....Sure there may be times were one's discretionary income may not be consistently coming, in such a case it is best for such an individual to apply flexibility and invest when they can, instead of stopping entirely or even investing with funds needed for ones basic needs.... And while they are applying flexibility in their investments, they can still begin to cut down all kind of unnecessary expenses and still try to figure out ways to get other income sources- They can learn a skill, enter into a business/trade or even get into any kind of side gig whatsoever. And once other income source has been successful figured out, then that individual can begin to increase his investment amount based on his capacity, in order to fill in for those periods in the past that he was inconsistent...

[JayJuanGee]

Chasing of quick profit in Bitcoin seems so fucked up for guys to be engaging in. Trading of Bitcoin should never be an option for guys who are really concerned about growing their wealth. From my little time here, I have learnt alot from Mister Jayjuagee, and I utilized that knowledge and ever since I have always stayed the fuck away from trading Bitcoin. I rather chose the best option which is investing in Bitcoin with the mindset of holding for a cycle and more. I have been also very consistent with making use of the DCA approach

You need to try to be realistic PhilosopherKing in terms of how long you think that you need to invest into bitcoin before you might  be able to really start to reap benefits off of it.

Sure in some sense merely by building your bitcoin holdings you are improving your financial and psychological circumstances because you are increasing your options... yet at the same time, I am currently thinking that if guys are merely investing from their income and they do not have investment, savings and/or capital prior to coming to bitcoin, then it is quite likely that the best that they might be able to do is to invest into bitcoin with about 15% to 25% of their target income level per year, and even investing at that rate it may well take at least (if not more) than 2 whole cycles to start to get close to having enough bitcoin.

It so true Mister Jay that the level of people's income determines the speed of their accumulation,

My point is slightly different, which is that the higher percentage of their income they are able to invest into bitcoin, then the faster that they are going to be able to build their bitcoin investment - yet it still seems that even being able to invest 15% to 25% of your income into bitcoin would not be an easy thing to accomplish for many normal people.. which is part of the reason that it takes even longer to get to a decently large bitcoin stash.

Yeah, sure, having a higher income helps.. but I am not just proclaiming a need to have a higher income since it seems to me that many times guys take a kind of lazy excuse and proclaim that the ONLY solution is to make a higher income... and perhaps, another thing that I am trying to argue (or point out) is that if guys are not investing 15% or more into bitcoin, then they are not even going to likely have a half a year of their income invested into bitcoin after a whole cycle, so it becomes harder to imagine that they would have reached their accumulation goal if they are not able to invest into bitcoin at a decently high rate.

and that the reality that many guys still finds hard to fucking believe. If your only source of discretionary income is from your little monthly income, then no amount of wishful thinking or magic can speed the process up. That is why in such a case it would be so awkward and foolish for guys to be expecting profit or some crazy life changing results even after investing for a cycle.
 

Well, I was initially motivated to respond to your post since you seem to be suggesting that 4 years of investing would be enough.
 

When accumulating at such a minute rate , it may even take 2 cycles if not more to have a good number of bitcoin in your wallet. Expecting faster profits and results with little amount of money is what make guys to start doing stupid shits like trading bitcoin or panic selling.

In the end, guys can likely try to invest into bitcoin as aggressively as they are able to within their own budgetary circumstances, and they can likely see within their own circumstances that it is likely better to have some flexibility in terms of how long that it might take for them to reach enough bitcoin that they might change their strategy or slow down in their bitcoin accumulation.

I do think that higher accumulation levels can be reached, yet of course, it can still sometimes be difficult for guys to make sure that they are ongoingly earning income, and surely sometimes when they have various family expenses, they might have difficulties to control all of their expenses, even though there could be some circumstances in which there is also income that comes in through the spouse, so then income might end up increasing, even though even in those circumstances, there might be disagreements regarding how much to prioritize bitcoin investing versus spending on other expenses, other investments and/or other ways of saving.