As a beginner start compounding bitcoin.

[Ishicryptic]

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.

Warren Buffett was a great business man and investor who understood the importance of compounding interests over time, and wit his strategy he was able to accumulate wealth while investing in low value companies which nobody ever thought their worth will skyrocket over decades. And right now in this 21th century, his approach can be channel towards crypto investment. And when I say crypto, I don't mean only Bitcoin, but other less value coins that has proven t have potential in the future, by just buying and holding it for the next decade. Which is equally 10years from now.

Warren Buffett, compounded his interest by buying companys that were overlooked and he was able to identify their potentials and he had what it took to nurture them so if anybody wants to be successful like him they should also identify businesses and assets that have great potentials. This is why the advocate for Bitcoin investment is quite loud now, it has proven that it is an asset that has a lot of potentials as a store of value.

We are in bear run where Bitcoin is in downturn and if you have discretionary funds to invest one of your best choices should be Bitcoin, all you have to do is buy and hold for many years then watch your profit increase in bull circles. Although I wouldn't advocate for investors to hold altcoins for a very long term, if you must you should use very small amounts so that if it dies you can easily get over it.

[Juicyhome]

Bitcoin is a store of value which many people have testified that if they buy and hold for many years that it has potentials to give them returns on their investment, it has been happening from the early adopters and we are expecting it to continue in the future. If you don't want to miss out in the future profit like most of us missed out by not getting in during Bitcoin early years you should find a suitable strategy to accumulate and hold for many years. Although the reality is that nothing is guaranteed that we must be profitable in the future like the early buyers at the same time nothing is stopping us from being more profitable than them.

We still have the opportunity to make it big in Bitcoin investment, the Bitcoin future is guaranteed and we should not relax over this, the early birds of Bitcoin are the fearless investors, they trusted and it pays off for them, the motivation we have now they don't have because Bitcoin was New to the Market.

Now that we have seen the beauty and benefits of Bitcoin we should take advantage of it and buy for the future of our children, the next generation might struggle to have Bitcoin, it will be so expensive to buy, we're still at the Early stage too

[jcojci]

Warren Buffet is a good lesson to get rich. He start by a little that he can and start to compounding and know how to bigger his investments and business. If you starts Bitcoin investment, you can follow his step by compounding Bitcoin and be consistent no matters if you are new or old Bitcoin investors. If you made a mistake before, you have time to rise and start over from beginning as no late to start Bitcoin investment. It is just you want or you are afraid to start over so you have your choice.

[Don Pedro Dinero]

Warren Buffett’s case is a prime example: as one of the greatest investors in history, the key to his enormous net worth has been the fact that he has lived for so long. When talking about compound interest, you have to bear in mind that either you start with a huge amount of capital – which doesn’t usually happen – or you need a lot of time. The man bought his first share at the age of 11, and he’s still alive at 95. That’s eight and a half decades of money growing through compound interest.

And although he doesn’t believe in Bitcoin, it’s not a bad idea to follow this advice here.

[reagansimms]

Very good example and best advice to encourage beginners to continue investing in Bitcoin. Warren Buffett is a great example of how to increase interest in investing in Bitcoin. He teaches us, especially beginners, a lot about starting our investment journey with patience, discipline, and consistency, as these are the keys to financial success. Never delay investing when you feel ready, it doesn't matter even if you currently have a small amount of capital because the results are more real than waiting for large capital but starting too late. For beginners who want to invest in Bitcoin consistently, the DCA strategy is highly recommended because this strategy can help avoid emotional decisions such as FOMO or panic during market volatility.

[As-Soon-As]

Warren Buffet is a good lesson to get rich. He start by a little that he can and start to compounding and know how to bigger his investments and business. If you starts Bitcoin investment, you can follow his step by compounding Bitcoin and be consistent no matters if you are new or old Bitcoin investors. If you made a mistake before, you have time to rise and start over from beginning as no late to start Bitcoin investment. It is just you want or you are afraid to start over so you have your choice.

You should not have any fear to start investing in Bitcoin, because you will invest in Bitcoin and then you will think about various things, so you should not have any thoughts before starting investing in Bitcoin. Start investing in Bitcoin with as much money as you can afford to lose, if you are afraid then you will not be able to improve in life in any way. So by conquering fear, we must move forward towards the future, for this reason, you should not have any bad thoughts before starting investing in Bitcoin, but rather how to start investing in Bitcoin

[yixichloro2xx]

Very good example and best advice to encourage beginners to continue investing in Bitcoin. Warren Buffett is a great example of how to increase interest in investing in Bitcoin. He teaches us, especially beginners, a lot about starting our investment journey with patience, discipline, and consistency, as these are the keys to financial success. Never delay investing when you feel ready, it doesn't matter even if you currently have a small amount of capital because the results are more real than waiting for large capital but starting too late. For beginners who want to invest in Bitcoin consistently, the DCA strategy is highly recommended because this strategy can help avoid emotional decisions such as FOMO or panic during market volatility.

Beginners must know that Bitcoin investments requires a lot of patience, consistency and discipline.  Surely there will be times where the market will decide to test investors, it now depends on how strong their emotions are. Moreover their investments should be done with DCA using their discretionary income because it helps reduce emotional decisions during volatile markets, especially for beginners. Investors like Warren Buffet have understood the game of long term investing, so it's good if new investors can put their focus on long term gains. Because that is the best way to truly profit from Bitcoin

[tabas]

Warren Buffet is a good lesson to get rich. He start by a little that he can and start to compounding and know how to bigger his investments and business. If you starts Bitcoin investment, you can follow his step by compounding Bitcoin and be consistent no matters if you are new or old Bitcoin investors. If you made a mistake before, you have time to rise and start over from beginning as no late to start Bitcoin investment. It is just you want or you are afraid to start over so you have your choice.

The lesson with Warren Buffet aside from compounding interest is about his consistency in investing and having good picks. While for us, we already have a good pick and that's with Bitcoin. What we need to do now is to become consistent in DCAing. Because if we're not, the thought of having good amount of holding will remain to be a thought and not a reality. And we'll only cheers for the success of others who have been consistent and never wait for the mistake to correct what they should have been doing long time before realizing that consistency is the key.

[Tungbulu]

Warren Buffet is a good lesson to get rich. He start by a little that he can and start to compounding and know how to bigger his investments and business. If you starts Bitcoin investment, you can follow his step by compounding Bitcoin and be consistent no matters if you are new or old Bitcoin investors. If you made a mistake before, you have time to rise and start over from beginning as no late to start Bitcoin investment. It is just you want or you are afraid to start over so you have your choice.

Yeah, anyone who had previously consistently accumulated Bitcoin and maybe reached an over accumulation state is definitely a good source of motivation. But one thing we need to understand while drawing inspiration from others is that everyone has their own individual goals and path, and walking another’s path could get you into trouble. So while you’re drawing inspiration from others, you gotta come up with your own approach which suits your financial position and goal.

[Olatundespo]

Warren Buffet is a good lesson to get rich. He start by a little that he can and start to compounding and know how to bigger his investments and business. If you starts Bitcoin investment, you can follow his step by compounding Bitcoin and be consistent no matters if you are new or old Bitcoin investors. If you made a mistake before, you have time to rise and start over from beginning as no late to start Bitcoin investment. It is just you want or you are afraid to start over so you have your choice.

Long term investment strategy for new Bitcoin investors is not easy even though they are recommended to do it through discretionary income. I agree with starting Bitcoin with as little as possible but is it as easy as you say to grow it in a compounded manner. It is not easy at all or even possible for a wealthy investor because those who consider Bitcoin as a way to get rich will never be able to stay on a long term strategy.

You need to grow Bitcoin accumulation in line with your income, to grow Bitcoin at a compounded rate you will need to adopt a high earning strategy that will increase your emotions and you are afraid of becoming poor. Those who consider Bitcoin to get rich may be inclined towards short term trading rather than long term investment. It is a good strategy to tend to accumulate Bitcoin in DCA method for a fixed period of time like 4-10 years or more.

[Asuspawer09]

Before even starting to invest and compound Bitcoin or accumulate your Bitcoin, make sure that you first already understand what is going on and you know what you are going to enter, because there are lot of investors or newbies that doesn't have any idea what the are entering, and just blindly throwing money on every investment that they might earn a good amount of profit on it, without even trying to understand it or doing the work of research. I think this is what most of the beginners lack because they were just too lazy to do the main thing have that knowledge first, what they all wanted is the profit. Without doing the hard work, there are also times where newbies got lucky on some investment then get the ego, thinking that they already know how the whole thing works, and in the end get destroy.

[BitBakerr1]

Warren Buffet is a good lesson to get rich. He start by a little that he can and start to compounding and know how to bigger his investments and business. If you starts Bitcoin investment, you can follow his step by compounding Bitcoin and be consistent no matters if you are new or old Bitcoin investors. If you made a mistake before, you have time to rise and start over from beginning as no late to start Bitcoin investment. It is just you want or you are afraid to start over so you have your choice.

Yeah, anyone who had previously consistently accumulated Bitcoin and maybe reached an over accumulation state is definitely a good source of motivation. But one thing we need to understand while drawing inspiration from others is that everyone has their own individual goals and path, and walking another’s path could get you into trouble. So while you’re drawing inspiration from others, you gotta come up with your own approach which suits your financial position and goal.

You are actually correct, it is better that we follow our own way and not the way of another person, the strategy that may actually work for you may not actually work for the next person, so don’t use a strategy that another person is using, fine a strategy that you will be comfortable using, if someone used a particular strategy and succeed if you try out that same strategy and is not working for you then is better you stop using it and find out a strategy that will be comfortable for you, the more you are comfortable with a strategy the more easy bitcoin investment will be for you.

[Tungbulu]

You are actually correct, it is better that we follow our own way and not the way of another person, the strategy that may actually work for you may not actually work for the next person, so don’t use a strategy that another person is using, fine a strategy that you will be comfortable using, if someone used a particular strategy and succeed if you try out that same strategy and is not working for you then is better you stop using it and find out a strategy that will be comfortable for you, the more you are comfortable with a strategy the more easy bitcoin investment will be for you.

Using someone else’s strategy isn’t completely wrong or a bad thing. What’s wrong about using someone’s strategy is doing so blindly, and without actually doing your own research to see and know whether the strategy you’ve copied actually aligns with your goals and position, because these are the things that actually determines the best strategy to employ when investing. If you adopt a strategy and figure that it aligns completely with your goals and individual positions, then sure it’s a good thing, but adopting a strategy without being sure whether it aligns with your goals or not, could be using your own hands to invite disaster.

[Dick Long]

Warren Buffet is a good lesson to get rich. He start by a little that he can and start to compounding and know how to bigger his investments and business. If you starts Bitcoin investment, you can follow his step by compounding Bitcoin and be consistent no matters if you are new or old Bitcoin investors. If you made a mistake before, you have time to rise and start over from beginning as no late to start Bitcoin investment. It is just you want or you are afraid to start over so you have your choice.

Everything we do to be successful in life often take a step and that will determine if the goal can be accomplished or abolished.
Investing in Bitcoin requires money and that is the only way we can be proud to tell people to also invest in it.
The amount of money I am earning from my work will enhance my investment in Bitcoin and if I am highly fascinated about Bitcoin, this will make me to put huge amount to buy Bitcoin for a long term holding. Money answers everything and solves problems for us quickly.

[Decimetre]

Warren Buffet is a good lesson to get rich. He start by a little that he can and start to compounding and know how to bigger his investments and business. If you starts Bitcoin investment, you can follow his step by compounding Bitcoin and be consistent no matters if you are new or old Bitcoin investors. If you made a mistake before, you have time to rise and start over from beginning as no late to start Bitcoin investment. It is just you want or you are afraid to start over so you have your choice.

Everything we do to be successful in life often take a step and that will determine if the goal can be accomplished or abolished.
Investing in Bitcoin requires money and that is the only way we can be proud to tell people to also invest in it.
The amount of money I am earning from my work will enhance my investment in Bitcoin and if I am highly fascinated about Bitcoin, this will make me to put huge amount to buy Bitcoin for a long term holding. Money answers everything and solves problems for us quickly.

Our money has a lot of power and no one would do well in bitcoin investment if he doesn't have money. Various money ranging from the money to invest, the money to use and sustain your life and even the money you have to keep for emergency periods. This is why it is as if the rick keep getting richer because they have money to take care of everything they want and they also invest from their money more aggressively in bitcoin. As a beginner, if you have enough capital you can own a very large amount of bitcoin over the years faster than someone who doesn't have enough money.

But this not mean that anyone cannot invest in bitcoin. It is good to invest what you have, what you can afford to lose and also work on securing an additional income so that you can be able to increase your investment and also improve your life.

[Mame89]

Warren Buffet is a good lesson to get rich. He start by a little that he can and start to compounding and know how to bigger his investments and business. If you starts Bitcoin investment, you can follow his step by compounding Bitcoin and be consistent no matters if you are new or old Bitcoin investors. If you made a mistake before, you have time to rise and start over from beginning as no late to start Bitcoin investment. It is just you want or you are afraid to start over so you have your choice.

Absolutely. When we start investing emulating Warren Buffett principles is essential. He emphasizes investing with persistence, discipline, patience and starting small to build wealth.

Although Buffett himself has never invested in Bitcoin and is often a harsh critic of it his principles are worth emulating. So, if we want to emulate Buffett's spirit it's also a good idea to apply it to Bitcoin investing as it's a powerful motivational tool. The principles of starting small being consistent, being patient, and never giving up are indeed key to long term wealth.

[pawanjain]

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.

Warren Buffet has never really appreciated bitcoin but that doesn't mean bitcoin is bad.
Buffet has invested in things what he understood and made insane money compounding his assets over the years.
This shows us that any asset that's worth compounding, if held for enough time, will make us massive gains.

Bitcoin is definitely worth to hold for long term because it has the potential to compound hugely over time.
Dedication is the key here. If we are not dedicated enough to hold for a long term then we lose the magic of compounding.

[AakZaki]

-snip-

It is a good strategy to tend to accumulate Bitcoin in DCA method for a fixed period of time like 4-10 years or more.

Do you mean the strategy that Strategy uses? who almost every week buy Bitcoin and accumulate it without paying attention to the ATH limit they have crossed.

Accumulating with DCA alone I don't think is enough, if you don't pay attention to the cycle. Every investment that will be made must involve the right Money Management, not just focus on 4-10 years as you say.

Because everyone will have different needs with their money, for example what if someone has accumulated Bitcoin and then there is a floating loss after a few years of DCA, then that person has an urgent need that requires withdrawing their money, and when they want to continue accumulating the money is gone?

What is clear is that they will still sell with the Bitcoin losses they have accumulated over the years.

I think the case I mentioned is almost similar to the recent Strategy company, which required withdrawing its money for the need to pay dividends, As a result, Strategy has incurred a loss of approximately $15,717,363 over the past month.

So, the conclusion is that simply advocating DCA isn't enough to become an investor. Proper Money Management is still essential.

[Hazink]

Warren Buffet is a good lesson to get rich. He start by a little that he can and start to compounding and know how to bigger his investments and business. If you starts Bitcoin investment, you can follow his step by compounding Bitcoin and be consistent no matters if you are new or old Bitcoin investors. If you made a mistake before, you have time to rise and start over from beginning as no late to start Bitcoin investment. It is just you want or you are afraid to start over so you have your choice.

This Buffet investment approach is not something that's only applicable to Bitcoin, but the advice can be applied to other areas of life as long as the individual is focused on achieving growth. What matters is being consistent and maintaining that without giving up no matter how the investment is reacting and don't be the type that run from one thing to the other trying to figure out which one will give you the fastest wealth at a go.

[JunaidAzizi]

Yeah, that's a real piece of advice that newbies need. Many think that when they come to crypto, they will be millionaires in a week and start imagining living in that fantasy. But that is just a fairy tale. The reality is something different. Just like you gave the example of Warren Buffett, who was not rich overnight, nor did he look for a shortcut. He believes in patience and consistency, and following these principles led him to become a successful man. From his story, we understand the real meaning of patience and consistency; we can achieve anything. So don't use shortcuts, hold BTC and wait for the correct time.