Inspiring mindset

[Ivystar5]

If you have a stable job and you are earning constantly, do your mind also go straight to how you will invest your salary to bitcoin? Because I do. It has now become part of my monthly expenses. I try to leave as much as I can for my bitcoin holdings and I think about a good time to buy bitcoin which is when the price is not at its peak. It helps me stay motivated thinking about how a small portion of my salary will go to bitcoin and can grow over time instead of losing value.

I haven't been in this forum for long but since I visited the wall observer thread and understood the importance of consistency in accumulating bitcoin, I haven't seized buying even at this current price I still buy, the thought only goes towards the figures o bitcoin I will be able to accumulated in the next four years and now how much I bought them since the price varies, now if you think of not entering the market because it's at the peak you may end up spending the same money in fiat on something which would never get you a return or become a liability some day so I use that a spake to buy even with the high price.

[Japinat]

That’s actually a good mindset, at least you got to maximize your opportunity at the moment while you are still highly capable to, and when time comes you’re no longer earning well, no worries because you have bitcoin investment that will soon to generate profits for you once your investment starts paying off.

However, not all good earners at the moment have the same mindset like you. Otherwise, if everyone would value their future by using their extra income at the moment, then rest assured our individual’s economy will continue to progress and make profits in time.

[Stalker22]

I think many of us have adopted the DCA strategy, but this mindset will clearly not be accepted by those still doubting Bitcoin.  They see the volatility and that it is too risky for a stable investment plan. So they prefer traditional assets with a proven track record.  But I think Bitcoin already has a proven track record.  It has existed for over a decade and has outperformed nearly every other asset in terms of long-term price appreciation.  Bitcoin value isnt about being steady right now.  Its about how it always bounces back and reaches a higher price than ever before.  And thats what makes it great for long-term investments.

[Sanitough]

This should be the mindset of current earners. With this, when you lost your stable job due to old age, but in return, you will also benefit and enjoy your retirement that you have been investing since you’re young.

However, due to high inflation, still majority of the workers these days have not started saving or investing bitcoin for their future. And I’m honestly guilty of this. But I believe, no one is late with bitcoin. The opportunities are always there. But the earlier we start investing with bitcoin, the better the outcome is. As much as we want to take advantage of the current opportunity, then we also have to responsible for our future.

[GeorgeJohn]

If you have a stable job and you are earning constantly, do your mind also go straight to how you will invest your salary to bitcoin? Because I do. It has now become part of my monthly expenses. I try to leave as much as I can for my bitcoin holdings and I think about a good time to buy bitcoin which is when the price is not at its peak. It helps me stay motivated thinking about how a small portion of my salary will go to bitcoin and can grow over time instead of losing value.

If I have a job today, I will have my saves in bitcoin, since I have known bitcoin, the reason why will be saving in bitcoin is that, bitcoin can make me to have a profit that's bigger than my four months  salary if I invest for long-term,

If someone doesn't have passion on bitcoin that person will not like to save on bitcoin, but anyone that passion on will have a reserve or saves on bitcoin as form of invest, because keeping money in the bank is no longer yielding well any longer.

[Findingnemo]

If you have a stable job and you are earning constantly, do your mind also go straight to how you will invest your salary to bitcoin? Because I do. It has now become part of my monthly expenses. I try to leave as much as I can for my bitcoin holdings and I think about a good time to buy bitcoin which is when the price is not at its peak. It helps me stay motivated thinking about how a small portion of my salary will go to bitcoin and can grow over time instead of losing value.

So you save the fiat in bank or anywhere and wqit for the perfect time to buy bitcoin which I don't think is not the best strategy. Instead just buy bitcoin whenever you can and monthly will be most realistic option because you said salary and as far I know saving a part of investment is getting harder due to the inflation hike so you may not save at all even if you planned it which means you just planned it but not effectively buying the bitcoin.

Just buy bitcoin with whatever the amount you can on regular interval that is most practical and working strategy.

[2Pizza410000BTC]

If you have a stable job and you are earning constantly, do your mind also go straight to how you will invest your salary to bitcoin? Because I do. It has now become part of my monthly expenses. I try to leave as much as I can for my bitcoin holdings and I think about a good time to buy bitcoin which is when the price is not at its peak. It helps me stay motivated thinking about how a small portion of my salary will go to bitcoin and can grow over time instead of losing value.

I don't have a stable job but I have a stable small business from which I save some money to invest in Bitcoin and I try to keep almost all the money I earn from Bitcoin forums in Bitcoin. Since I know about Bitcoin, I have no doubt that investing in Bitcoin will not go down. Many of those who have stable jobs, be it government or private, can spend their entire salary or invest it all in Bitcoin. It's a personal matter, but I invest some of the profits from my business, be it for a day or a week, I can do it anytime.

[Miles2006]

Having a stable income is an opportunity to invest gradually, bitcoin investment is profitable and if anyone should ignore buying bitcoin they’re on the losing side. Buy and hold bitcoin is not a new thing mostly everyone here are quite knowledgeable how investing works, if a person is yet to trust bitcoin before investing or waiting for the dip before they can start their bitcoin journey obviously they’re missing out. A good cash flow and management plan can help an investor all through bitcoin journey, personally buying bitcoin monthly is like a major practice done after making a budget, the dca is known as a common strategy use during the long run gradually to achieve the set goal.

[Razmirraz]

Of course, Bitcoin has become an asset sought after by all groups, previously investors or individuals always saved money in the form of gold, land and real estate, but along with the increasingly widespread dissemination of information about Bitcoin has made those who have invested in traditional assets switch to Bitcoin because of its convenience, flexibility and security.

Now that Bitcoin has become an integral part of investors' lives, I am also very fortunate to have gained early insight into the potential that Bitcoin can generate. I consistently set aside a portion of my fixed income to buy Bitcoin using a DCA strategy, and I'll continue to accumulate this amount over time. This confidence naturally grows because Bitcoin offers something other traditional assets can't match. I believe other investors are also well aware of this.

[famososMuertos]

::///:

It is an idea of yesterday, today, and tomorrow; a persistent belief that is constantly re-evaluated. But it can't just be about persevering with the idea that the price will go 'to the moon' tomorrow. You also have to do the mental work and have the will to face the challenges or situations that will inevitably arise.

[BitGoba]

If you have a stable job and you are earning constantly, do your mind also go straight to how you will invest your salary to bitcoin? Because I do. It has now become part of my monthly expenses. I try to leave as much as I can for my bitcoin holdings and I think about a good time to buy bitcoin which is when the price is not at its peak. It helps me stay motivated thinking about how a small portion of my salary will go to bitcoin and can grow over time instead of losing value.

Bitcoin changes people.
In the fiat system, you know that fiat currencies lose value over time, so you're not really motivated to save  you end up spending on things you need, but also on things you probably dont.But Bitcoin changes that. It makes you more mindful and thrifty you always think twice before spending

I previously found an excellent video on YouTube that talks about how money influences the way we think. Fiat and Bitcoin are two completely different monetary systems and truly have different effects on people.
Highly recommend watching the video!

https://www.youtube.com/watch?v=_RgBqQ1szRg

[Zlantann]

Well, it sounds good to see people invest most of their salary for better future including myself.

But, sometime it feels really draining because even you have the money, you will refrain yourself to spend your money to make you happy, even though it's included as unnecessary spending.

Honestly, I won't recommend people to do that because I've experienced it, it doesn't make me happy even though it gives me peace.

The current economic problems such as inflation have made monthly savings very difficult to achieve. Two to three years ago I could easily buy Bitcoin with savings from my salary comfortably. But it is now hard because what I earn is not even enough to cover my basic needs. As humans, it is common to feel that there is a need to save for the future since it is unpredictable. Now, I have to sacrifice some level of comfort to enable me to buy Bitcoin constantly. Just as you highlighted, it gives peace of mind.   

I think many of us have adopted the DCA strategy, but this mindset will clearly not be accepted by those still doubting Bitcoin.  They see the volatility and that it is too risky for a stable investment plan. So they prefer traditional assets with a proven track record.  But I think Bitcoin already has a proven track record.  It has existed for over a decade and has outperformed nearly every other asset in terms of long-term price appreciation.  Bitcoin value isnt about being steady right now.  Its about how it always bounces back and reaches a higher price than ever before.  And thats what makes it great for long-term investments.

Some people in this category are not comfortable that you need to keep Bitcoin for four years and above to enjoy the benefits. They prefer short-term investments where they can quick profit. But they don't consider the amount of returns Bitcoin brings after a long time.

[liasbaa]

If you have a stable job and you are earning constantly, do your mind also go straight to how you will invest your salary to bitcoin? Because I do. It has now become part of my monthly expenses. I try to leave as much as I can for my bitcoin holdings and I think about a good time to buy bitcoin which is when the price is not at its peak. It helps me stay motivated thinking about how a small portion of my salary will go to bitcoin and can grow over time instead of losing value.

Rather than relying on your income to invest in Bitcoin, you should invest in a discretionary fund. Since you have a stable source of income, you are more secure in the flow of money for investment because there are many investors who lack a stable source of income, most of whom are saving Bitcoin regularly through unstable income.

You should plan to deposit from a discretionary fund compared to the strategy you are using in investing in Bitcoin. The strategy is to buy Bitcoin with the remaining money after meeting the daily needs of the family after receiving a salary. It may be wise to keep a separate allocation for an emergency fund from that discretionary fund and save an additional amount of floating funds.

When investing in Bitcoin, keep a continuity of purchase regardless of the price because the continuity of purchase after each salary and a long term investment plan can increase Bitcoin holdings and provide high profits.

[Rustam Meraj]

This strategy means DCA is great for crypto market because it helps you invest without being emotional. With investing on fixed schedule you buy when prices are both high and low which can lower your average cost over time and reduce stress of trying to guess best time to buy. This strategy is excellent for growing your wealth over long term and helps you stay focused on Bitcoin potential to hold and increase its value other than worrying about daily price changes.

[Royal Cap]

However, due to high inflation, still majority of the workers these days have not started saving or investing bitcoin for their future. And I’m honestly guilty of this. But I believe, no one is late with bitcoin. The opportunities are always there. But the earlier we start investing with bitcoin, the better the outcome is. As much as we want to take advantage of the current opportunity, then we also have to responsible for our future.

Honestly, I have not started in the early either, but the great thing about Bitcoin is that it is never late to get into it. I have begun to save a small amount on a regular basis and even minor things are like creating a safety net in the future. Things are very low on my income scale, but I believe that we need to start small. There's a saying "Little grains of sand, little drops of water, make continents, oceans unfathomed".

It is consistency and patience, as in the long run it makes a difference and you will be glad you did it, rather than regret not doing so.

[cryptoaddictchie]

If you have a stable job and you are earning constantly, do your mind also go straight to how you will invest your salary to bitcoin? Because I do. It has now become part of my monthly expenses. I try to leave as much as I can for my bitcoin holdings and I think about a good time to buy bitcoin which is when the price is not at its peak. It helps me stay motivated thinking about how a small portion of my salary will go to bitcoin and can grow over time instead of losing value.

Well thats good for anyone that has a big salary and cut some of his/her part of salary to investment. But some might be none extra to buy btc so an extra job might be a good swing or alternative. But there are ways on how to acquire bitcoin without spending like if you are in a signature that compensate weekly that could help doing dca aside from your irl salary.

[Dr.Bitcoin_Strange]

Well, yes, I was doing that before I decided to take a break for just not more than two months now, I have some projects that I am working on and my target now is to just hold on for now until the bearish season when Bitcoin price is going to fall lower than what price is currently selling now. Everybody have their different target for Bitcoin investment and also their pattern of financial management, if you can be able to be DCAing every month on week, it's your financial ability that will determine that or not, plus your plans too.

[michellee]

Yes, I always think about allocating my salary to Bitcoin in the early months after receiving it. Bitcoin has to be my monthly expenses as you because that is a must think that I should do. I have my limitations in terms of Bitcoin investment and do not use it as much as I can because I have other daily needs. I used DCA methods as the best way to accumulate Bitcoin and that works well for me. It is enough for me to accumulate Bitcoin and just wait for the time to sell and take a profit.

[pancelot]

If you have a stable job and you are earning constantly, do your mind also go straight to how you will invest your salary to bitcoin? Because I do. It has now become part of my monthly expenses. I try to leave as much as I can for my bitcoin holdings and I think about a good time to buy bitcoin which is when the price is not at its peak. It helps me stay motivated thinking about how a small portion of my salary will go to bitcoin and can grow over time instead of losing value.

I agree with that mentality, as investing some of your salary in bitcoin isn't really about following a trend—it's an investment strategy. Money always loses value over time due to inflation, but bitcoin stands a chance at long-term growth. By regularly purchasing, you avoid bad timing risk and systematically build your portfolio through self-control. Volatility may appear threatening, but it really ensures a gradual purchasing strategy performs more efficiently. That is why it appears like a rational thing to approach as a "monthly expense" in attempting to save and grow wealth for the future.

[usgcorpa11]

If you have a stable job and you are earning constantly, do your mind also go straight to how you will invest your salary to bitcoin? Because I do. It has now become part of my monthly expenses. I try to leave as much as I can for my bitcoin holdings and I think about a good time to buy bitcoin which is when the price is not at its peak. It helps me stay motivated thinking about how a small portion of my salary will go to bitcoin and can grow over time instead of losing value.

Different people have different strategy for investment. What is good for you might not be good for others.