Good afternoon everyone, I finally find my way to this forum finally, I was met with some difficulty trying to post, I can't post unless I paid some Bitcoin to a Bitcoin wallet that was given me, I got over that today. I need some advice about what I plan to do l, my friend told me that I can still have a good shot at Bitcoin starting from now but I don't make alot of money, all I can afford per day is a dollar, I want to know if someone like me even have a shot becoming a Bitcoin investor. I can afford to invest $1 and I am thinking if bitcoin can survive for the next 10 years to now, a dollar per day into Bitcoin for the next 10 years can't do me anything but I want to know if it will end up Worthing the shot.
$1 per day will cost you a lot buying bitcoin from an exchange to your wallets. Many exchanges have their minimum amount of money you can use to buy them, and no exchange has a minimum amount of $1, that won’t even cover for the transaction fees. You have to keep saving the $1 per day and then accumulate them until you’re able to afford some bitcoin with the least amount of money you can get them for. Waiting for the price to reach even higher prices can affect your price of entry into the market because of the volatile nature of the market.
$1 per day for the next ten years will be a huge amount invested into bitcoin, it may not be the amount you’ve spent so far into the investment, but it could be more about the amount bitcoin would be worth by then and how much you’ll be worth as an investor. Risking what you can afford to lose should always be in question and since you’ve known it and ready to risk the amount daily, then it will be a good investment for you in the future.