As a beginner start compounding bitcoin.

[Joy_learns_crypto]

https://www.instagram.com/p/DYOmSdAsrhW/?igsh=MmxwaDk4MGN5bnh0

Warren Buffet may have done other investments or business that may be different from Bitcoin but his story is quintessential to being successful in compounding, that’s why studying and trying to replicate his resolve and determination can be a great asset to you as a beginner.

Warren Buffet wasn’t a fast success story, this is a reminder that it is never too late to start and your passion can accelerate your progress faster than you think.
Another resplendent character as a beginner you can take from Warren Buffet is his consistency, for example if you decide not to take any action 5-10years time will still come around.

Start compounding bitcoin now and be consistent as a newbie.

[EarnOnVictor]

-Snip-
Start compounding bitcoin now and be consistent as a newbie.

It's good advice for newbies to start compounding their Bitcoin and build it to a reasonable extent over time, especially if they are lucky to start buying it at low levels.

Still, they should "write it at the back of their minds" that they can never be like Warren Buffet simply because they involve in Bitcoin. Doing that will only result in self-deceit. Warren Buffett never invested alone, he was part of the investments. He created and nurture companies and built systems that work. He build portfolio and sold overvalued assets and has enough shares in many countries, which makes him technically owners of functional entities, even has he is in the board of many more.

[Aanuoluwatofunmi]

Before we even start compounding it, we are expected to understand some of the safety precaution and measures that we should take first before advancing into anything about cryptocurrency, this will be the first protection we needed as information is the key security, of course it is good that we give acquiring bitcoin as we can, as long as we are not going to sell in loss but instead to make profit.

[Oshosondy]

But this is entirely different from bitcoin. Warren Buffett is known to be one of the most known bitcoin critic, although you can only know about that when you asked him questions about bitcoin, unlike Peter Schiff.

It is good to hold bitcoin, but the example of the person you used is absolutely not worth it.

Holding bitcoin can truly make someone's wealth to increase.

[MusaMohamed]

Warren Buffet wasn’t a fast success story, this is a reminder that it is never too late to start and your passion can accelerate your progress faster than you think.
Another resplendent character as a beginner you can take from Warren Buffet is his consistency, for example if you decide not to take any action 5-10years time will still come around.

Start compounding bitcoin now and be consistent as a newbie.

It's never too late for starting any good investment, and Bitcoin is a very good investment asset in the last 15 years. Many years, it is a best one in ROI according to this article.
Bitcoin Returns vs. Major Asset Classes
Because Bitcoin has its four year market cycle, with bullish and bearish years so it is realistic do avoid expectation that Bitcoin has best ROI in all years.

Warren Buffet is a legendary investor but beyond what you already said about his late blossoming career and wealth, there is another vital thing from his career. He prioritizes on defending his capital, and he only investing when he feel risk is small, and chance of getting very good profit is big enough. He does not have degen and gambling style like people in cryptocurrency market who are trying to bet on shitcoins.

[Mia Chloe]

~snip

Every newbie's focus ought to actually be security and privacy because of so many factors and one of them is actually understanding the network and ecosystem. If we talk about compounding, the easiest forms of compounding bitcoin and other cryptocurrencies are actually made available by centralized services and platforms.

A newbie that has no idea what privacy means and how confidential his KYC information actually is would easily give them out hoping they are doing themselves good by trying to compound bitcoin or other crypto currencies.

[hd49728]

Every newbie's focus ought to actually be security and privacy because of so many factors and one of them is actually understanding the network and ecosystem. If we talk about compounding, the easiest forms of compounding bitcoin and other cryptocurrencies are actually made available by centralized services and platforms.

A newbie that has no idea what privacy means and how confidential his KYC information actually is would easily give them out hoping they are doing themselves good by trying to compound bitcoin or other crypto currencies.

Newbies can have no ideas about privacy and security when they start but like in this forum, they will be educated by senior members about such important things. If they are ready to learn, they will be able to learn with help and given resources from community members.

If they ignored given resources for learning, they will be newbies even after years in this community.

Bitcoin security & resources.
Bitcoin security guide.
Bitcoin privacy resources.
Protect your privacy.

[ViWNF]

one thing tho, compoinding bare btc is mostly just dca plus hold not really yield on yield like buffets dividends. math is different. easy to forget that before chasing centralized compoinding stuff that just add kyc and custody risk on top

[Hatchy]

Start compounding bitcoin now and be consistent as a newbie.

the person in question isn't a bitcoiner, but I would reply in terms of bitcoin. Though it's never too late to begin your bitcoin investment, that doesn't mean you should continue to postpone your investment plan or delaying it thinking you still have enough time to start. Every decision you take now will reflect in the next couple of years and will show how far your life would be.

Every newbie's focus ought to actually be security and privacy because of so many factors and one of them is actually understanding the network and ecosystem. If we talk about compounding, the easiest forms of compounding bitcoin and other cryptocurrencies are actually made available by centralized services and platforms.

For someone new into the space, compounding backed with the knowledge on how to secure your coins should be a major focus. Because even if you have enough capital to start and don't know how to store your coins properly for a long term plan, you may end up losing your coins to scam or hackers..the worst mistake they can make is entrusting Thier coins with exchanges.

[EL MOHA]

But this is entirely different from bitcoin. Warren Buffett is known to be one of the most known bitcoin critic, although you can only know about that when you asked him questions about bitcoin, unlike Peter Schiff.

It is good to hold bitcoin, but the example of the person you used is absolutely not worth it.

Holding bitcoin can truly make someone's wealth to increase.

I was kind of surprised seeing that it is actually Buffet that is used to motivate people to invest into bitcoin, I will rather take a Micheal Saylor for this example, if it’s about general investment i will say Buffet can be used but definitely not for bitcoin.

More so while threads like this are actually a motivation about how investment if done well can compound and make one profitable over a long period of time I still don’t like it been used like this for bitcoin because many will excuse the risk involve and simply think that bitcoin is actually a way to break away from poverty which is why we have many who treat bitcoin as a get rich quick scheme up till today.

[Moreno233]

To compound Bitcoin, it means to sell and reinvest the profits for more profits,this is the literary meaning of compounding. If that be the case, I don't think it is a good approach because a lot of us believe in holding for long. There are people that trump token buy during bear season and sell during bull season to reinvest in the next bear season, this method is the same as compounding but due to how technical it is and how prone it is to mistake, I don't recommend this. I still prefer accumulation of Bitcoin to whatever pattern that is being suggested here.

[rbynxx]

But this is entirely different from bitcoin. Warren Buffett is known to be one of the most known bitcoin critic, although you can only know about that when you asked him questions about bitcoin, unlike Peter Schiff.

It is good to hold bitcoin, but the example of the person you used is absolutely not worth it.

Holding bitcoin can truly make someone's wealth to increase.

It was the idea around compounding that is being discussed and not the actual guy that innovated it. I think yeah we know huge he was as a critic around bitcoin but we can't deny the fact that his conservative ideas about financial matters is at great lengths. It's about the idea and not the person is what OP trying to give us in here and I think compounding is one of those strategy that is so underrated these days when lots are taking investments are gambling.

[taufik123]

I also still keep trying to do DCA with just $20 every week for Bitcoin, it's small but if done consistently it will be big too.
It's not easy to be consistent when the Portfolio is still very small, but I still believe if I keep doing it there will be huge profits I can get.

If you start from 10 years earlier, maybe the increase will be extraordinary.
But for the era of Bitcoin now it can no longer reach a 100x increase, the price of Bitcoin is already quite high and it will still take a long time to reach the ATH again.

[Cookdata]

Warren Buffet wasn’t a fast success story, this is a reminder that it is never too late to start and your passion can accelerate your progress faster than you think.
Another resplendent character as a beginner you can take from Warren Buffet is his consistency, for example if you decide not to take any action 5-10years time will still come around.

Start compounding bitcoin now and be consistent as a newbie.

This Warren Buffet guy is overrated with stock. I remember some years back when he was asked on his opinion about Bitcoin and he open his dirty mouth to say absurd comments about Bitcoin and it's the same man we want to use to motivate others to buy Bitcoin. I don't like him nor his style of investment, they all benefitted from the fail financial institutions they control. If the opportunity is fair for everyone like Bitcoin there will be many others sitting on top with him individually.

Compound Bitcoin isn't a good strategy, if it's strategy that has billions invested on Bitcoin would have sold at the top and will use the money to buy back again when the price is low but instead they prefered dollar cost average. Even today been Tuesday, they have bought more than $50m worth of Bitcoin apart from the billions they bought yesterday. There is no strategy that beat DCA with Bitcoin, compounding may left you with nothing when the market decide to move. Fair market right!

[Churchillvv]

A newbie that has no idea what privacy means and how confidential his KYC information actually is would easily give them out hoping they are doing themselves good by trying to compound bitcoin or other crypto currencies.

Not to deviate from the actual concept of the thread but however, to a large extent privacy or not giving out KYC is not longer a thing but still remains the biggest asset we have over every centralized system, digital footprint this days rare really difficult to keep. People use social media and small contributions in terms of post comment on socials are already and inspo of what you might be avoiding in the bitcoin space by keep privacy. So the term privacy is beginning to diminish.

[As-Soon-As]

https://www.instagram.com/p/DYOmSdAsrhW/?igsh=MmxwaDk4MGN5bnh0
Another resplendent character as a beginner you can take from Warren Buffet is his consistency, for example if you decide not to take any action 5-10years time will still come around.

Start compounding bitcoin now and be consistent as a newbie.

Yes, to be successful in Bitcoin investment, it is necessary to survive continuously, but it will be easier to survive in Bitcoin investment if Bitcoin can be invested according to the DCA method. In this, every new person can be able to invest in Bitcoin, and after surviving for a long time, he will finally be able to achieve success. From now on, the person who will continue to invest in Bitcoin for the next 10 to 12 years will definitely be able to achieve success.
And one should invest in Bitcoin according to his ability, it is natural to face danger with Bitcoin investment if he invests in excess Bitcoin due to the greed of extra money. So an investor should definitely remember all these things, then he will be able to sustain Bitcoin investment in the future days.

[Tonimez]

I also still keep trying to do DCA with just $20 every week for Bitcoin, it's small but if done consistently it will be big too.
It's not easy to be consistent when the Portfolio is still very small, but I still believe if I keep doing it there will be huge profits I can get.

If you start from 10 years earlier, maybe the increase will be extraordinary.
But for the era of Bitcoin now it can no longer reach a 100x increase, the price of Bitcoin is already quite high and it will still take a long time to reach the ATH again.

For me, there's no amount invested into bitcoin that is too small nor too big  as long as you do it within your financial capacity and not also deceiving your self in the sense that you know you can do better that you are doing but still choose to play around with your Discretionary income. A person's DCA allocation has to be based on his income and his available discretionary income. So you can invest $20 and it would be a very large sum and you can also invest $1000 and it will be too small for you on monthly basis depending on your income.

It is very important as a beginner to have a goal that may even look unachievable because it will serve as a fuel to push you ahead to do better in your accumulation journey. Compounding bitcoin depends on the income of the investor and his financial intelligence. Cash flow management is the only way to guide your bitcoin against selling off before you attained your accumulation goals. When you choose to improve your accumulation rate, you also think of improving your source of income so that you won't invest beyond your strength and expose yourself to premature sales.

[taufik123]

-snip-
A person's DCA allocation has to be based on his income and his available discretionary income. So you can invest $20 and it would be a very large sum and you can also invest $1000 and it will be too small for you on monthly basis depending on your income.

Yes that's the amount I can afford and won't interfere with my primary needs.
Try to do it consistently and occasionally see where the price of Bitcoin will go, so you can buy it at a lower price.

Not only is it fixated on buying right away, but when there is a bearish moment that makes the price go down even more then it is the best opportunity to buy again.
DCA can be very flexible, depending on how we do the capital management we want to use.

[Free Market Capitalist]

Start compounding bitcoin now and be consistent as a newbie.

Basically, the key to compound interest is that you need a lot of time. Alternatively, you might need less time if you start with a large amount of capital. Or a combination of both. But the key with Buffett, for example, is that he bought his first shares at age 11, and he’s still alive at 95. That’s 84 years of compounding.

If we apply this to Bitcoin—though personally I prefer to diversify more—just keep investing and accumulating over time.

[Peanutswar]

Ideally better to learn the concept and use of the bitcoin first before making their move as an investment. This is common mistakes of the newbies or newcomers nowadays once they seen there are large names right there makes good return with their investment it caught their attention and then wanted to try at the same time just two possible outcomes here. One they get into a lower price and make a profit, and the opposite is they make a wrong entry and then now they are afraid to lose their money could be they trap with hodl or they made a cut loss. Now if you have the basic knowledge that's the time I recommend them to start making money through compounding or DCA with Bitcoin. but of course make sure you aren't become dependent with bitcoin only, try to distribute your basket.