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Author Topic: Getting rich off Bitcoin is impossible for the majority  (Read 1495 times)
Abiky
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May 29, 2026, 03:29:17 AM
 #201

This is the most honest reply in the thread. The DCA advice everyone keeps giving ignores basic arithmetic. If your entire income barely covers survival, there is no discretionary income to DCA with.
Bitcoin does not solve a poverty problem. It amplifies what you already have. For someone with $50 a month, the priority is increasing income first. Bitcoin comes after you have breathing room, not before. Telling a struggling person to cut 30% for Bitcoin is not financial advice, it is just noise.

True. But it's still possible to spare some money and spend it on BTC. You just need to establish a budget that will help you keep track of expenses in an effort to reduce unecessary spending as much as possible. Why not start by cutting costs? You can lower your Internet service speeds, cut cable/satellite TV, and even reduce energy consumption. The remaining amount of money can be used to DCA on Bitcoin.

There's literally no excuse not to start taking control of your financial life, and become rich with Bitcoin. But of course, investing is not for everyone. If you feel you can't just do it, then just "stick" with Fiat. Just my two sats.

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May 29, 2026, 04:01:43 AM
 #202

True. But it's still possible to spare some money and spend it on BTC. You just need to establish a budget that will help you keep track of expenses in an effort to reduce unecessary spending as much as possible. Why not start by cutting costs? You can lower your Internet service speeds, cut cable/satellite TV, and even reduce energy consumption. The remaining amount of money can be used to DCA on Bitcoin.

There's literally no excuse not to start taking control of your financial life, and become rich with Bitcoin. But of course, investing is not for everyone. If you feel you can't just do it, then just "stick" with Fiat. Just my two sats.
It's always smart to reduce or minimize your spending cost so that with same income, you can have more money for saving, emergency fund and investment fund. Saving a little bit more money and using it for investment, in one month, several months might not look to be too big and considerable but things will change considerably after several years.

By saving money, investing it in Bitcoin through DCA strategy, after several years, your total money spent for investment will be big, especially with Bitcoin price growth over years, your Bitcoin portfolio will become much bigger in value with time.

R


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May 30, 2026, 05:14:49 AM
Last edit: Today at 07:46:01 AM by BitBrainers
 #203

Cutting Netflix and lowering internet speeds helps at the margin. But if the gap between income and survival is $500 a month, trimming subscriptions gets you to $520. The math still doesn't work. The advice is sound for someone with discretionary income they are wasting. It misses the person who has none to waste.

Cutting expenses helps when the problem is waste. It fails when the problem is structural. The advice works for someone spending $200 on subscriptions. It doesn't work for someone whose rent just went up $300. Bitcoin is a wealth amplifier, not a poverty escape hatch.

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May 30, 2026, 06:35:54 PM
 #204

Making Profit is the only thing that I can guarantee anyone who is investing in Bitcoin today, but getting rich by buying Bitcoin? I don't think that's completely true.
Well one can still be rich through Bitcoin investment but it will depend on the amount you invest and the volatility rate over time. Although most people became rich through Bitcoin investment because they where early adopters who bought Bitcoin cheap and it increased tremendously overtime. But base on the current price, it will take longer time to increase in such percentage. But what can guarantee you to make more profit is by the type of amount you invest. Let's say if you buy 10 Bitcoin now at the rate of $74k each which is $740k and Bitcoin increase by 2x, you will make double of your invented amount. So what people need to make a lot of profit is to increase you investment amount sothat a small increase in Bitcoin price will make you more richer. I know this is not for everybody but it will be more favorable to the rich investors.


R


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