A poor investor is accumulating Bitcoin to build a house !

[Cryptomultiplier]

I am a poor investor who is regularly accumulating Bitcoin to build a house. I live in a rented house. I am living in the city in search of work and have hopes of buying a house. Buying a house in the city requires a lot of money. I am buying Bitcoin every week without depositing fiat to buy a house and I have set the period of this accumulate as 10 years. During this period, I have prepared to hold Bitcoin in any price trend. Because accumulating Bitcoin is better than accumulate fiat.

Don't think it is ridiculous. If a poor person makes the mental preparation to build a house through hard work and remains steadfast in his goal, his expectations will definitely be fulfilled. Increase your skills and try to change your destiny through hard work. Whether you are middle class or lower class, your expectations will be fulfilled.

Do you think I can do it?

Firstly, I would like to correct the notion that you are a poor investor because as long as you often invest for the long term, it shows you have a source of income and have a good knowledge of financial management practices to begin with.
Poor people don't think this way, all they care for is how to feed their belly and buy the most expensive watches or cars or liabilities in form of property that holds no future values.

However, you have a wealth mindset and should classify yourself as one and because you are even more committed to a DCA strategy despite the fraction you invest, makes you among the top tier class of the economy.

[Agbamoni]

If someone I know can accumulate Bitcoin to a point where he sells his profit to purchase a car, then it is not impossible to purchase a house through your bitcoin investment. There are several reasons why people invest. If this is yours, I wish you success.

Before I forget, let me correct one mistake. You call yourself a poor bitcoin investor. I dont think you should be doing that. Be optimistic about your goals, the most successful investors are those who are consistnet not entirely those who are rich.

[icebar]

We, the community, want to realize the long-term dream that everyone has expressed with Bitcoin. And in order to realize this dream, your investment plan is certainly commendable. Because when you invest in Bitcoin for a long term, you will be able to hold Bitcoin. In many cases, it is seen that there are some investors who invest for a long-term purpose but cannot make it last long, but those who use the DCA strategy get the opportunity to deposit a small amount of money regularly at a specified time, which helps their investment stronger. Moreover, if Bitcoin is invested for a long term, it can give several times more returns on the investment, and it also acts as a store of value.

[justinlamode]

If someone I know can accumulate Bitcoin to a point where he sells his profit to purchase a car, then it is not impossible to purchase a house through your bitcoin investment. There are several reasons why people invest. If this is yours, I wish you success.

I like as his reason for investing in Bitcoin is clearly defined whoch is to buy a house, that way, he will be motivated never to sell his Bitcoin until that objective is achieved. He will definitely do better than someone who is just buying to hold for no reasons. A lot of us have one or two things motivating us to invest in Bitcoin which is what is driving the passion to keep holding even when the market is looking super bearish.

[Donneski]

Op you're obviously trying to solve your housing problem by investing in Bitcoin and if you ask me, I'll say it's a t's a good move. Bitcoin was made to provide solution to issues like this by giving everyone a fair shot at saving for the future. Buying every week regardless of the price trend (DCA) is a winning strategy in the long run. It takes a lot of mental strength to keep going when the market is down but that’s where the real gains are made. I'm rooting for you to get that house man.

[Callido]

If someone I know can accumulate Bitcoin to a point where he sells his profit to purchase a car, then it is not impossible to purchase a house through your bitcoin investment. There are several reasons why people invest. If this is yours, I wish you success.

Buying a car and building a house are different item all along. How expensive was the car compared to OP plan of building a house from his investment. Cannot say otherwise but in ten years from today, the cost of land and building items must have multiplied that even if the profits might not be better off.

I'm not condemning OP plans, better than saving in fiat but logically if the money is supposed to go into building, there are better ways to prepare and build the house without taking 10 years to complete the plan.

[Umulala-alala]

I am a poor investor who is regularly accumulating Bitcoin to build a house. I live in a rented house. I am living in the city in search of work and have hopes of buying a house. Buying a house in the city requires a lot of money. I am buying Bitcoin every week without depositing fiat to buy a house and I have set the period of this accumulate as 10 years. During this period, I have prepared to hold Bitcoin in any price trend. Because accumulating Bitcoin is better than accumulate fiat.

Don't think it is ridiculous. If a poor person makes the mental preparation to build a house through hard work and remains steadfast in his goal, his expectations will definitely be fulfilled. Increase your skills and try to change your destiny through hard work. Whether you are middle class or lower class, your expectations will be fulfilled.

Do you think I can do it?

You can't to do bro you will even struggle to buy bitcoin because there are important things you will need more for since you clam to be poor, sometimes it seems that some of you don't know what it means to be poor bro it will be difficult for you to buy some BTC, but if you already have something giving you money like 200k in a month if you have less responsibility then it's possible that you can be buying gradually every month using the dca strategy. BTC investment is not just whst we wake up one and think of buying bitcoin or to get started without some proper plans.

[Doan9269]

I am a poor investor who is regularly accumulating Bitcoin to build a house.

It is very possible that you buy a house or even something more better than that as an achievement after you might have invested in Bitcoin for a long time, things like this part of the reason why we see it as a profitable investment and this can also be used as an asset because of it long time benefits to end us profit after investment when we hold.

We are to decide on what we want to use our profit for after we must have invested and made profits, what we use it for is not as important as how we can get to that stage whereby we are being able to achieve something through investing in Bitcoin for a long time profitability.

[I_Anime]

I am a poor investor who is regularly accumulating Bitcoin to build a house. I live in a rented house. I am living in the city in search of work and have hopes of buying a house. Buying a house in the city requires a lot of money. I am buying Bitcoin every week without depositing fiat to buy a house and I have set the period of this accumulate as 10 years. During this period, I have prepared to hold Bitcoin in any price trend. Because accumulating Bitcoin is better than accumulate fiat.

Don't think it is ridiculous. If a poor person makes the mental preparation to build a house through hard work and remains steadfast in his goal, his expectations will definitely be fulfilled. Increase your skills and try to change your destiny through hard work. Whether you are middle class or lower class, your expectations will be fulfilled.

Do you think I can do it?

There’s no guarantee when come to investing in bitcoin (just like other investments) , but base on historical data Bitcoin always perform well as time goes , that’s why is advisable to invest in Bitcoin for longterm, because with time Bitcoin has proven to keep increasing despite the up and down movement due to market volatility, but is best you grab the opportunity of buying now , and focus on increasing you accumulation , by increasing your sources and same time increasing your earning .

[Wiwo]

I am a poor investor who is regularly accumulating Bitcoin to build a house. I live in a rented house. I am living in the city in search of work and have hopes of buying a house. Buying a house in the city requires a lot of money. I am buying Bitcoin every week without depositing fiat to buy a house and I have set the period of this accumulate as 10 years. During this period, I have prepared to hold Bitcoin in any price trend. Because accumulating Bitcoin is better than accumulate fiat.

Don't think it is ridiculous. If a poor person makes the mental preparation to build a house through hard work and remains steadfast in his goal, his expectations will definitely be fulfilled. Increase your skills and try to change your destiny through hard work. Whether you are middle class or lower class, your expectations will be fulfilled.

Do you think I can do it?

Just to analyse you based on this thread, you said you are in the city looking for a job, so how then are you investing in bitcoin weekly when you don't have a job?

Buying bitcoin right now is quite expensive and for you to accumulate bitcoin via weekly DCA you must need a strong cash flow mechanism which seems that you don't have so what and how do you intend to achieve your big dream house.

What I advise you should do is to concentrate on building your finances, and stability before buying Bitcoin for long-term use, also consider Bitcoin volatility too.

[Sonia_123]

I am a poor investor who is regularly accumulating Bitcoin to build a house. I live in a rented house. I am living in the city in search of work and have hopes of buying a house. Buying a house in the city requires a lot of money. I am buying Bitcoin every week without depositing fiat to buy a house and I have set the period of this accumulate as 10 years. During this period, I have prepared to hold Bitcoin in any price trend. Because accumulating Bitcoin is better than accumulate fiat.

Don't think it is ridiculous. If a poor person makes the mental preparation to build a house through hard work and remains steadfast in his goal, his expectations will definitely be fulfilled. Increase your skills and try to change your destiny through hard work. Whether you are middle class or lower class, your expectations will be fulfilled.

Do you think I can do it?

How sure are you that Bitcoin investment will meet up your need of getting a house with bitcoin invest remember it is volatile, what if the price of bitcoin drops below your expected amount for a longer period what will you be doing those period, you have to be patience when investing in bitcoin because of the time frame involved, you don't rush it to avoid premature selling of your investment.

As a poor man for how long are you going to invest in bitcoin to be able to achieve your aim, since bitcoin investment is a long term, how much longer will you wait.

Am not saying It cannot be achieved but will you be selling all your coins when you have gotten to your over accumulation stage to buy a house and become a no coiner and start all over again.

[Alonso_]

Well you can literally not call them a poor investor because you absolutely don’t know what will be happening with them and what their plans actually are when investing in bitcoin, but I’m going to consider a situation that we have profits that we have been investing in bitcoin for a very long term and that is very much appreciated when making an investment in bitcoin, so when you have your profits available then you can actually take them out and use it for whatever you want to use your money for, it’s nobodies business whatever you choose to use your profits for because there are so many people and individuals who would want to invest in bitcoin because they have plans for their bitcoin investment which is taking there profits to make other plans work out for them in a long term.

[Crypto_Timothy]

Do you think I can do it?

Well I mean it really depends on your approach and how consistent you can stay with it over time but the idea of accumulating Bitcoin long-term isn’t wrong, especially if you truly understand the risks and are ready to hold through different market conditions. Over a 10-year period, there is definitely potential, but it is not guaranteed, so it’s important to balance that belief with some level of realism but i do believe it can be done. Also, building a house is a major financial goal, so relying on just one asset might be risky. Well yes, i mean, your mindset and discipline are solid and that already puts you ahead, but it might also help to think about multiple ways to grow your income alongside your Bitcoin plan. So yes, it’s possible, but it shouldn’t be the only path you depend on.

[Agbamoni]

Buying a car and building a house are different item all along. How expensive was the car compared to OP plan of building a house from his investment. Cannot say otherwise but in ten years from today, the cost of land and building items must have multiplied that even if the profits might not be better off.

I'm not condemning OP plans, better than saving in fiat but logically if the money is supposed to go into building, there are better ways to prepare and build the house without taking 10 years to complete the plan.

Two different assets, you say, but they cost a lot to buy. Do you think that if it is that easy, everyone by now will have a car and a house? The discipline to save in Bitcoin to purchase a car is not so easy. For him to show the possibility of purchasing a car with such discipline means he can equally own a house with the same level of discipline. Mind you, he must not save till the money is complete. Once a good sum is realized, he builds the house to a certain level.

[Yorubek]

I am a poor investor who is regularly accumulating Bitcoin to build a house. I live in a rented house. I am living in the city in search of work and have hopes of buying a house. Buying a house in the city requires a lot of money. I am buying Bitcoin every week without depositing fiat to buy a house and I have set the period of this accumulate as 10 years. During this period, I have prepared to hold Bitcoin in any price trend. Because accumulating Bitcoin is better than accumulate fiat.

Don't think it is ridiculous. If a poor person makes the mental preparation to build a house through hard work and remains steadfast in his goal, his expectations will definitely be fulfilled. Increase your skills and try to change your destiny through hard work. Whether you are middle class or lower class, your expectations will be fulfilled.

Do you think I can do it?

If we buy Bitcoin consistently with the right knowledge and hold it for a long time with confidence, then we can expect big profits in the future. I think whatever your main purpose for buy Bitcoin is, if you can consistently manage your investment for 10 years by following the right rules and not get disappointed quickly during market volatility, continue investing with confidence and wait patiently for good times, then you can reach your success in the future.

Remember that to manage long-term investments, you need to use prudent money, in addition to this, a emergency fund will be kept, through which you will be able to manage long-term investments properly. Another thing to remember is that Bitcoin long-term asset, its value increases gradually, restlessness can come in the market at any time, so do not be disappointed quickly, hold Bitcoin with confidence and by waiting for good times, long-term profits can be expected in the future.

[Oshio-man]

You can do it to achieve a good result from it because the price of bitcoin will increase higher in that ten years of holding, you will earn income that will make you to purchase two houses but it depends the huge amount of bitcoin you are holding before you can be bold to purchase land and build house in the city , I think is many holders wish because they are tired of paying house rent and if they calculate how much they are earning from bitcoin in five years or ten years they will be capable to achieve the house of their choice.