it's now ten times harder

[Vvang]

Bitcoin is not cheap, YouTubers are fine-tuning it as if Bitcoin is still cheap, I grabbed my calculator and do some maths on the money I can afford to risk on Bitcoin every month, equals to $30.

This equals to $360 in 12 months and let's say I am ready to hold for 10years to this time that's $3600 in the next ten years assuming Bitcoin don't appreciate in value, but we all know that's almost impossible.

Now even if Bitcoin did a 10x in between these ten years (might never happen) I still won't be rich. This is me, this is what I can afford to even lose if worst possible happens, to my own standard way of living I can't get rich off Bitcoin, simply because what I can afford to DCA every month seems very small.

If I can DCA same $30 in 2020 it would be a more effective result, I guess the more Bitcoin gets popular the chances of getting rich goes slower, I am a listener you are free to talk senses to me I will listen. I believe right now and the more the years passes by Bitcoin becomes more harder to get you the magical number.

[Rashlyowl]

I'm just like you bros, a latecomer to BTC. There's nothing wrong with your $30 DCA, you might not get rich instantly, but one thing is for sure, the value of your investment will increase as BTC becomes scarce in the future. Let me ask you 1 question.

Between $30 becoming $35 or $30 remaining $30, which one do you choose?

I'm sure you're not that stupid to choose $30 to stay $30. The point I want to make is, no matter what your BTC DCA is, investing, especially holding it, is a win for the future.

[Dogedegen]

Bitcoin is not cheap, YouTubers are fine-tuning it as if Bitcoin is still cheap, I grabbed my calculator and do some maths on the money I can afford to risk on Bitcoin every month, equals to $30.

Now even if Bitcoin did a 10x in between these ten years (might never happen) I still won't be rich. This is me, this is what I can afford to even lose if worst possible happens, to my own standard way of living I can't get rich off Bitcoin, simply because what I can afford to DCA every month seems very small.

People who are looking at whether they can get rich with Bitcoin are completely doing it wrong. I will talk about it this time from the perspective of fiat value, even if this is not what Bitcoin is about.

This equals to $360 in 12 months and let's say I am ready to hold for 10years to this time that's $3600 in the next ten years assuming Bitcoin don't appreciate in value, but we all know that's almost impossible.

Tell me, what happens to this $3600 if you don't put it into Bitcoin and just keep it aside? It will lose 50% of its value if you are lucky, and much more if you are unlucky depending on where you live. Bitcoin is about value preservation, giving a means of escape from a hyper inflating world. Bitcoin is not supposed to make you rich for little effort. There are too many stories of people who got lucky with Bitcoin or some shitcoins and made a lot of money, most of those people didn't deserve this wealth. This is what is having a negative impact on many people who are considering Bitcoin for they are looking at it for the wrong reasons.

What you need to remember right now is that you are a slave. I am a slave too, almost all of us are slaves. What Bitcoin does is:

• Gives you a way out of slavery.
• Gives you freedom, the ability to choose how you want to transact.
• Gives you sovereignty over your own finances.

This alone is so much more valuable than any amount you could get in terms of fiat. Think upon it.

I believe right now and the more the years passes by Bitcoin becomes more harder to get you the magical number.

Bitcoin is not supposed to make anyone rich, that is just a side effect due to its extremely positive value proposition.

[Razmirraz]

It is better for you to invest $30 per month consistently than for the money to run out without any left. The calculation is like this, if you are able to invest a larger amount, then the accumulation will also be greater (if the value continues to increase). Of course, you won't get rich with a small investment, but at least you've managed it wisely and have the potential to reap future rewards. That's better than not investing at all. I don't know how old and how much you earn now, but try to think wisely by setting aside some of your income for investment. Although it doesn't guarantee future wealth, you can be free from financial problems.

[Hatchy]

If I can DCA same $30 in 2020 it would be a more effective result, I guess the more Bitcoin gets popular the chances of getting rich goes slower, I am a listener you are free to talk senses to me I will listen. I believe right now and the more the years passes by Bitcoin becomes more harder to get you the magical number.

Negative thoughts like this are what holds people back for potential investments opportunities.. if you have the mind set of becoming rich over a very short period of time and with a very little investment plan then you must be joking.. this is why I will always say that if you want to find real bitcoiners, then it might cost you to travel back in time, because what we have today are people driven only by the goal to exploit bitcoin price..

$360 in 12 months for 10 years using the dca method continuously without spending a single sat of your investment will make you a life time profits in the next couple of years. It's just because of a poor mindset that's why you simply cannot see the way forward..

[Lucius]

~snip~
Now even if Bitcoin did a 10x in between these ten years (might never happen) I still won't be rich. This is me, this is what I can afford to even lose if worst possible happens, to my own standard way of living I can't get rich off Bitcoin, simply because what I can afford to DCA every month seems very small.

Your problem is that you see BTC only as a way to get rich, as if it were some kind of magic that turns poor people into rich people. Maybe it's better that you start investing in some other things instead of BTC, or that you simply play the lottery every week for the next ten years and hope for the main prize.

[Fiatless]

If I can DCA same $30 in 2020 it would be a more effective result, I guess the more Bitcoin gets popular the chances of getting rich goes slower, I am a listener you are free to talk senses to me I will listen. I believe right now and the more the years passes by Bitcoin becomes more harder to get you the magical number.

No place in the Bitcoin Whitepaper says the coin will make you rich. Even in other investments, the higher your capital, the bigger the projected profit. Those who bought earlier and held it for a long time are fortunate. For now, you have to conform to the current reality; Bitcoin is no longer cheap.

My advice is stop complaining and start DCAing with what you can afford because the price will keep going high. If you want to make more profit, seek means to increase your income so that you can invest more.   

[Alvin_talk]

Now even if Bitcoin did a 10x in between these ten years (might never happen) I still won't be rich. This is me, this is what I can afford to even lose if worst possible happens, to my own standard way of living I can't get rich off Bitcoin, simply because what I can afford to DCA every month seems very small.

Investing in bitcoin can be rewarding over time, but the profit or reward you get also depends on the amount you invested (The larger your portfolio the higher you gain) . Since you only have such little amount to spare ($30/month), I'll suggest you first of all change your mindset. Instead of viewing it as a get rich scheme it's better consider it as a hedge against inflation.

Even if your small returns from your $30 DCA does not make you rich, Atleast the profit you will get from your bitcoin accumaltion will be able to account for loses due to currency debasement. I also believe you are a hardworking individual, so if your income grows I believe you will be able to use a decent amount for your DCA method. I'll strongly advise you should not get discouraged by your little beginning, you will get there some day, cheers!

[Bluedrem]

It is better to have a little than nothing. Yes, if you had used the same amount of Bitcoin a few years ago with the amount of money you are currently able to use in DCA, it might have been more effective, but if you do not use the amount of money you are currently able to use in DCA, maybe in ten years it will be more valuable, then DCA will be less effective. If you deposit Bitcoin now, you may not be able to benefit from the Bitcoin you deposited ten years ago, but it will certainly benefit you in the future, even if it is less than that. So I would say that time is not over yet, as much as you can afford, as much as you can buy, that is the benefit of a Bitcoin holder in the future.

[MinoRaiola]

$30 a month is a lot better than $0, in 2025 people are obsessed with "get rich quick" but they forget that btc is down nearly 30% from the 126k ath in october, if you are buying now at 88k you are getting way more sats than the people who fomoed in two months ago, just keep that $30 dca going and by the 2028 halving you will be glad you didn't listen to the haters

It is good that someone write about the next halving. There is still a long time to go, but if you live for many more years, it is not really long, and the wait is acceptable. There will be many more halvings between now and 2140, and when you look at the block rewards during that time, todays values maybe very nice. No one of us will probably live so long, but we have friends, children, or family who live until then and they can tell the story of our time. Or maybe read these posts and say that this was someone from their family. Each of us is writing a story here, and it will be told.

[Powerjumboo]

$30 a month is a lot better than $0, in 2025 people are obsessed with "get rich quick" but they forget that btc is down nearly 30% from the 126k ath in october, if you are buying now at 88k you are getting way more sats than the people who fomoed in two months ago, just keep that $30 dca going and by the 2028 halving you will be glad you didn't listen to the haters

Yes, it is true that $30 a month is a much better investment than zero dollars. If we can invest $30 a month, it will be very beneficial for me and for us, especially if we can invest $30 a month and keep it for 10 to 15 years, then of course after 10 to 15 years, this $360 per year will play a huge role in our lives. However, whoever should increase their investment according to their ability, they should definitely do more than $30 a month, and whoever has the ability to do more than $30 a month, they should do less than that. It is a personal wish of each person, but the main goal will be to invest in Bitcoin and hold it for the long term.

[Cryptomultiplier]

To DCA BTC isn't as hard as you would think. Even if you start now, there is a possibility that your local currency would be inflated or devalued and the price of BTC may soar or dip significantly as we already are experiencing with the expectations to rise sooner than later.

DCA strategy doesn't make you stuck with the investment fraction you intend only, you can adjust accordingly to fit your current earning capacity, you can reduce or increase your investment amount as you deem fit and still wait for a decade to be profitable.

Am sure you know that whenever you save, you may not have more money, but the accumulation of the money you have been saving would definitely amount to much when you withdraw or intend to take out a little to solve other pressing needs and it would be like free money, because you didn't stress yourself in setting it aside at once, but over time of which you have become used to the discipline and consistent effort and this is why to DCA is good because it takes your mind off the profit in the end and instead make you focus on your discipline and ability to remain strong despite adversity and FOMO that may arise to disuade your diligent effort.

[Don Pedro Dinero]

Your problem is that you see BTC only as a way to get rich, as if it were some kind of magic that turns poor people into rich people. Maybe it's better that you start investing in some other things instead of BTC, or that you simply play the lottery every week for the next ten years and hope for the main prize.

I would say that, apart from what you say, his problem is that he thinks that investing $30 a month in anything will make him rich. Even in the early years, if he had done so, he would not have become rich because someone who can save so little at the slightest sign of the price multiplying by 3 or 4 after doing DCA for a while sells, as the amount is too important to him, and it would only be a few thousand.

I don't know the OP's specific situation, but the best thing for him would be better financial education in general, trying to increase his income (while keeping a close eye on his expenses) and forgetting that there are magic formulas where investing very little will make you rich and change your life.

[aylabadia05]

Rather than doing nothing at all, even if you can only save a small amount, it's better to keep saving over a long period of time. The most basic thing to remember is that you are saving for your old age rather than saving in fiat currency, which will depreciate in value. Therefore, isn't it better to invest in Bitcoin?
$3600 in fiat currency will not have the same value if saved for 10 years. But if it's in the form of an investment, it could multiply many times over.
Bitcoin isn't cheap and will become even more expensive as it becomes a scarce asset.

YouTubers have a good voice, and every word they say is meant to attract interest. The habits they show in their videos are just content. Discard the negative and take the positive from what they say.

[348Judah]

If I can DCA same $30 in 2020 it would be a more effective result, I guess the more Bitcoin gets popular the chances of getting rich goes slower, I am a listener you are free to talk senses to me I will listen. I believe right now and the more the years passes by Bitcoin becomes more harder to get you the magical number.

Bitcoin has the possibility of making the future a possible reality to achieve, if we can invest and hold, another thing to consider is that we cant expect it to have the same performance as that of the ponzi schemes, so this may require from us a maturity time, which is the period through which we are going to invest and hold for us to be more profitable before selling, while as for those that might be interested in trading could take another dimension of making their investment within a short period of time, the longer the better for us, because its profitable, i don't see it becoming harder instead.

[She shining]

And here I was thinking Bitcoin is first money before been an investment. You shouldn't expect much from money you can afford to loss. What ever they yield is a plus because the mindset is you lost them. Once you see something that is sure to outperform bitcoin you can share.

[Maus0728]

It does not matter if it is harder to buy more bitcoins now, bitcoin as a market is projected to go up in the future so I do not believe that you will be losing out in value anytime soon because at the end of the day whatever you put in bitcoin, it will definitely go up in value if you just hodl it, remember that having a strong hands despite the volatility of the market and the FUD being spread whenever bitcoin is not doing well is probably the best thing that you can do and a little trust that your small investment is going to lead you to a better financial future. Just buy your bitcoin and keep it, find more ways to make money so you can have bitcoin as your nest egg.

[uneng]

We don't know where Bitcoin can still reach, but it's undeniable those who started investing earlier had access to the biggest potential profit. They took the risks and entered an investment nobody else believed could work for real.

Now, if you are looking for something similar, you should be do your research for another concept of investments. Something which fits Bitcoin role during the early 2010's. Something very few people are paying attention to and that has a hidden potential most people can't see yet.

That is where biggest profits come from... The tricky part is that no one is going to tell you what it is. You most likely have to discover by yourself.

[Boiboi20]

you are late to the party if you wanted those easy 100x gains from a few bucks but btc is still the best bet for preserving wealth, the days of turning a lunch meal into a lambo are probably over for retail unless you already have a big stack, btc is maturing and that means less volatility and more steady growth like a real asset, if you think it is hard now just imagine trying to buy some in five years when it is way past six figures, just keep stacking what you can and stop looking for magical numbers lol

If you are still hoping to turn a few buck into a 100x overnight you probably missed that phase but bitcoin is still sold when it come to protecting wealth the day of flipping lunch money into a lambo are mostly gone unless you already have a big bag however bitcoin is maturing now so there is less crazy volatility and more steady long term growth like a real asset if buying feels hard today imagine how tough it all be in five years when prices are well into six figures just keep stacking what can and stop chasing fairly numbers.

[goro_chief]

I don't think there's a magic number for investing, bro. You have to do your research and wait for the right moment. Right now, it's going down, so maybe it's an opportunity to see it go up next year, but there's no gain without risk. Good luck this year, brother.