A little and humble beginning in Bitcoin

[Duru_01]

As a newbie in Bitcoin investment everyone keeps talking about starting small and not waiting for huge amount of money or waiting for your millions you've been dreaming of to arrive before you can go into Bitcoin investment.

But most of us have already heard something's about Bitcoin and how it's never easy to acquire, matter of fact most people use Bitcoin as a figure of speech to describe something that is hard to get in Nigeria, say for example "to see love now be like Bitcoin".

The Bitcoin community is growing every day, hence the value keeps going up too. Now the question is how do we the newbies start small, how much do we need, what are the steps to take in order to venture into this fast growing Bitcoin investment which everyone is calling the future of money.

I think we need lots of help from our brothers and sisters here who has been into this for a long time now and are already profitable investors, cause most of us are actually clueless and there are a lot of misleading platforms and scammers out there but I believe this is the right place to get that knowledge.

[BitBakerr1]

Duru_01 you are welcome to this community and yes here is the right place to know the real truth and get the answer to your question because here we all are investing in Bitcoin and we all started from somewhere.
First to start investing in Bitcoin you need a Discretionary income, what is a Discretionary income a Discretionary income is the money you have left after paying for all your essential expenses  like food, rent, transportation, and bills. Now if you don't have a Discretionary income you can't invest in Bitcoin even if is trading you can't because all you need is your discretionary income if you use money meant for paying of bills to invest in Bitcoin then you are making a very big mistake Because you can't run away from your responsibilities or bills it will always be waiting for you.
So make sure you have a Discretionary income if you have it then you can now be investing in Bitcoin using the DCA strategy, once you are paid in a month settle your bills and use your discretional income to buy bitcoin for that month, you will be repeating the process and that is how you accumulate and become successful in Bitcoin investment.

[Mate2237]

Just let the topic of your thread puts it's a little and humble beginning. The first thing for everyone newbie in their Bitcoin hustle is that,there is no crime in starting small so they have to start were they find yourself. Because the day you wake up to the reality on ground about Bitcoin and is ready to start is the day you are starting. So you can't make as much profit as those who has been there for a while, starting were you are is very important.


Secondly as newbies and as people who may not, be financially stable to use huge amounts of money for the purpose of investing in there is what is called the DCA method of investing. This method allows investor's to save cost and the stress and headaches of looking for large capital to start but allows you to invest in small bits over an expanded period of time.

[Bright0515]

First of all, it is not hard to get Bitcoin. You can purchase Bitcoin through p2p trade of from a trusted person that is willing to sell.

Finding true love like you said is hard but the truth is that getting Bitcoin is not hard like what you assumed in your op. If you want to start starching Bitcoin little by little, all you need to do is use DCA method to start buying Bitcoin. If you have means to be making regular money within the month and you don't have alot of expenses you can start buying Bitcoin immediately. Even though you have a lot of expenses, what you should do is limit your spending and focus on your goal of getting Bitcoin.

[justinlamode]

But most of us have already heard something's about Bitcoin and how it's never easy to acquire, matter of fact most people use Bitcoin as a figure of speech to describe something that is hard to get in Nigeria, say for example "to see love now be like Bitcoin".

E get many things wey no pure for this ya yannings and I go lyk put you straight make you no carry bad mindset take dey follow Bitcoin. One of them be say Bitcoin no dey hard to buy, you no need plenty things to start buying your Bitcoin. Anybody wey tell u say bitcoin hard to buy dey lie give u, maybe the person no wan make you make am for life. As you by yourself talk say you fit start small, that na ogbonge truth be that, even if na $10 your hand reach, begin from there but make you try chose better wallet like Electrum where you go take keep your owo and make sure you use red eye take dey guard your seed phrase.

[Shadiq]

Don't think of Bitcoin as something difficult or a scarce resource right now. Bitcoin's journey is still in its early stages, it's not too late to enter Bitcoin, you can still enter Bitcoin and feel free to do so.

Just make sure you have a prudent source of income. From which source of income you can allocate money for investments after meeting your daily needs that you don't need for a long time or you are ready to lose that money. You are not actually losing that money, rather you have to invest with a losing mindset so that if the invested money is lost in any way, it does not have a negative impact on your life.

As a beginner, avoid buying large amounts in the beginning, especially if you have very little knowledge about Bitcoin. The main reason for this is to prevent yourself from panicking in a falling market and protecting yourself from panicking and selling at a loss. Small capital investments (DCA) are less likely to panic in a falling market, but it is possible to build a much larger fund in the end. Large investments at the beginning can lead to short-term losses and selling can be the main reason.

[Nheer]

As a newbie in Bitcoin investment everyone keeps talking about starting small and not waiting for huge amount of money or waiting for your millions you've been dreaming of to arrive before you can go into Bitcoin investment.

But most of us have already heard something's about Bitcoin and how it's never easy to acquire, matter of fact most people use Bitcoin as a figure of speech to describe something that is hard to get in Nigeria, say for example "to see love now be like Bitcoin".

The Bitcoin community is growing every day, hence the value keeps going up too. Now the question is how do we the newbies start small, how much do we need, what are the steps to take in order to venture into this fast growing Bitcoin investment which everyone is calling the future of money.

I think we need lots of help from our brothers and sisters here who has been into this for a long time now and are already profitable investors, cause most of us are actually clueless and there are a lot of misleading platforms and scammers out there but I believe this is the right place to get that knowledge.

I am really hearing this saying about Bitcoin for the first time.
I don't think Bitcoin is that difficult to acquire unless maybe you're ignorant of it and you don't know how it works. People have actually been saying stuffs about is how they refer Bitcoin to be scam. Everything is difficult until you learn about it how it works and acquiring Bitcoin is not difficult you just need to purchase it with money that's all.

Most people misunderstand, Bitcoin can be purchased with any amount of your choice but I think the first step is learning about how to store and safe guard your Bitcoins properly by choosing a suitable wallet for yourself. Learning the basics of using a Bitcoin wallet too is important.
There are different strategies to accumulate Bitcoin so you mustn't have huge amount to be able to buy Bitcoin.

[Pablo-wood]

The Bitcoin community is growing every day, hence the value keeps going up too. Now the question is how do we the newbies start small, how much do we need, what are the steps to take in order to venture into this fast growing Bitcoin investment which everyone is calling the future of money.

The amount anyone needs to invest in Bitcoin is the exact amount they have at the moment. No amount is too small or too big to start what makes the difference is the consistency maintained to continuously invest. Bitcoin invest is all about the quantity gathered, the more the coin the higher the worth and the more secure the future becomes. $50 is enough to start but it shouldn't be where it ends.

[SmartCharpa]

As a newbie in Bitcoin investment everyone keeps talking about starting small and not waiting for huge amount of money or waiting for your millions you've been dreaming of to arrive before you can go into Bitcoin investment.

But most of us have already heard something's about Bitcoin and how it's never easy to acquire, matter of fact most people use Bitcoin as a figure of speech to describe something that is hard to get in Nigeria, say for example "to see love now be like Bitcoin".

The Bitcoin community is growing every day, hence the value keeps going up too. Now the question is how do we the newbies start small, how much do we need, what are the steps to take in order to venture into this fast growing Bitcoin investment which everyone is calling the future of money.

I think we need lots of help from our brothers and sisters here who has been into this for a long time now and are already profitable investors, cause most of us are actually clueless and there are a lot of misleading platforms and scammers out there but I believe this is the right place to get that knowledge.

You’re welcome to this wonderful place. To buy Bitcoin no hard like that, unless your pocket no reach. If you get money, you fit buy am. But make I tell you the main thing wey dey inside, na patience. No be everybody get that patience to hold without fear. Many people get money, but the patience to hold for the long term na the true difficult thing be that.

Some people go dey talk say Bitcoin hard to buy because of the situation of our country, and some newbie dey expect quick profit, so dey put fear in their body as Bitcoin no be quick profit na long-term investment. So as a newbie, make you just start with the little you have, learn well, and no rush your journey. Na step by step e dey happen. No dey feel shame to ask question, everybody start as learner.

[Mayor of ogba]

Anyone that told you bitcoin isn't easy to acquire lied to you, and probably the person doesn't want you to accumulate bitcoin and be your own bank, but thank your star you find yourself in this forum, where you will know the truth, and the truth shall set you free. Bitcoin is one of the easiest things to acquire in the world right now if you have money. Newbies don't need a specific amount of money to start investing in bitcoin. You can start bitcoin investment with $10, provided the money is what you can do without for a long time. And as a newbie or no coiner, you should prioritise using the DCA strategy in starting your bitcoin investment because it will allow you to be consistent in accumulating bitcoin and have a chance of stacking up your portfolio.

[laijsica]

You are on the right platform to learn more about Bitcoin. It is good to have a source of income along with being mentally prepared to invest in Bitcoin, it can be permanent or temporary. Investing in Bitcoin can be the right decision for future financial security and to build an alternative financial system. Many people can tempt you with profitable projects and advise you to get rich in a short time. Trust your own research to make the right decision because you should implement an investment plan based on your financial capabilities.

The value of Bitcoin is growing rapidly and you should start investing before it is too late. If you do not have a large supply of money, you can start accumulating any amount of Bitcoin according to your financial capabilities. You should always be confident in investing because these qualification teach you discipline and can tempt you to keeping in the long term.

[ruykeri]

In fact, what those who are new to Bitcoin investing need is the interest in learning about Bitcoin, trust  and patience. As a result, they will be able to understand the right investment way. It is not that you will need a lot of money to invest in Bitcoin. But you must have discretionary income. And you must have the mentality to invest for a long time. If you have discretionary income of $10 per week or month, it means that this money will survive after all your expenses. Then you can start investing with that. It is not that you have to buy a whole Bitcoin first, you can buy Bitcoin in fractions. In this way, if you continue to do DCA regularly, you will get a lot more profit than your investment at some point. However, the period should definitely be 4 to 10 years. The main thing here is to start investing as soon as possible. Because the longer you delay, the longer you will remain as a no coiner and lose the opportunity. Another thing to remember is that the price of Bitcoin fluctuates a lot, so don't panic if the price is high or low. your emotion will have to be  always stable. If you give importance to all these things, then even those who are new or have low income will be able to dive into the Bitcoin Universe.

[Out of mind]

New investors should always keep in mind that most of the scammers are found on online platforms, so it is most important to be careful of them. Some people think that if they invest in Bitcoin, they can easily become the owner of a lot of money, but in fact, this is completely unrealistic because the reality is that without experience and skills, success is never possible. However, before investing, every person must get their education in the right place to achieve their main goal, only then will they reach the place of success. Since there are currently scam traps on various platforms, avoiding them and always taking advice from good and experienced people in investing can only save them from scammers.

[fredericktaylor]

Beginners must have basic knowledge about BTC before starting to invest, and it is very important to use discretionary earnings to manage long-term investments. The risk of losing money by investing in the short term may increase because Bitcoin Long-term investment system It is reasonable to purchase small amounts of Bitcoin with the remaining money after deducting all your necessary expenses. Bitcoin fluctuates rapidly in price, so additional investment risk can be reduced by purchasing small amounts of Bitcoin. Long-term investment system is very important to achieve success by investing in Bitcoin, in addition to investment, an emergency fund should be kept for three months, none of us know what can happen in the future, so it is better to keep an emergency fund to manage the long-term investment properly. The price of Bitcoin fluctuates rapidly and the price can fall at any time, so do not get discouraged and buy more Bitcoin with confidence according to your ability and hold it for the long term, you can expect good profit in the future.

[Different patterns]

As a newbie in Bitcoin investment everyone keeps talking about starting small and not waiting for huge amount of money or waiting for your millions you've been dreaming of to arrive before you can go into Bitcoin investment.

Indeed, here is the right place for you to learn about Bitcoin and also other cryptocurrencies. I want to talk about the reasons why everyone encouraged beginners to start with a small amount and shouldn't wait for a big sum of money before starting Bitcoin investment.

Firstly, whenever it comes to bitcoin investment, newbies are often advised to start with a little amount of money, because bitcoin price is known for being unstable, it can go up and down very quickly. When you start with a small amount, from there you can learn how the price changes without risking your big amount of money, and also this can help you gain confidence and learn how to handle your emotions whenever the market moves unexpectedly.

Secondly, another reason why you should invest small amounts at a time, by using DCA, is that when you invest small amounts regularly, you buy Bitcoin at different prices, which can also help you balance out the risk of market change. Again, in Bitcoin investment you don't need to gather funds to buy one Bitcoin before you start investment; money can be divided into smaller parts. Even a few dollars is enough to start with; waiting for big funds might make you miss better chances to grow your money.

[sokani]

The Bitcoin community is growing every day, hence the value keeps going up too. Now the question is how do we the newbies start small, how much do we need, what are the steps to take in order to venture into this fast growing Bitcoin investment which everyone is calling the future of money.

I think the first step for for a newbie, nah to get a good wallet to keep the Bitcoin safe. Electrum, Blue wallet or HW device dey recommendable. After that, nah to manually secure the wallet by writing the seed phrase down. When you don secure the wallet, the next step nah to buy Bitcoin. You fit buy on exchange through P2P and store for your wallet. No amount dey small, you no need to get all the money in the world before you invest in Bitcoin. With at least N20k - N30k, I believe you go buy Bitcoin for exchange and dey use DCA dey accommodate small small as money dey enter your hand and before you know it, you don get a very big bag.

[Umulala-alala]

If you don't know you will think hard to start investing in bitcoin if you want to invest in BTC you will need some basic knowledge about bitcoin investment, actually you can also start with small money but make the money be money way you go fit all to go, you can need to know say bitcoin investment na long term investment nothing is also guarantee and the market is volatile.
We get plenty method to use buy bitcoin, we get the lump sum method, we get the dca strategy and the buy the dip method, the dca strategy you go use am take buy bitcoin small small weekly or monthly when you buy like this for long you no go know even you don hodl enough bitcoin.
So the thing na really hard to know na just be you never get interest.