Consistency beats size

[Sobz]

Investing in Bitcoin consistently is very effective even though you don't invest a big amount. The idea of investing small is not to be left behind waiting to invest big, and because small amounts can be turned into big returns when one is consistent in investing in Bitcoin. There is this mentality that an average individual has about investing, as if it is all about having a huge amount of money, but this is not what matters in investing. Successful investment is all about consistency and being patient. Some people believe that starting small is due to a lack of funds, but starting small is an advantage not just for those who are financially unstable; starting small also means letting time work for you rather than just waiting. Starting small is a way to begin for many investors, and people need to understand that the size of your investment does not define your success in investing, but consistency does.

The reasons why starting small is an advantage to every investor.

• it builds the habit of investing bitcoin consistently

• Time in the marketis more important than waiting to invest large amounts

• Small investment remain the same but increases with time

Their are so many reasons for starting small or with the amount you can afford because this is the key to start the journey of your investment.

[Hypnotizer]

Starting on a smaller scale especially when it comes to investment is really good but size also matters! Depending on your aims and your goals it for investing in bitcoin or whatsoever, the size you choose to invest consistently or just buy upfront really matters…

You can’t just say I’m a consistent investor whereas you’re just investing let’s say $2 weekly… in a complete year you would have just invested an amount around $104…..now compare it to someone who invests more than that consistently or just invests a thousand dollars upfront, does the consistency beats the size? No

Consistency is important for investments but it doesn’t beat the size, the size determines your profits and consistent investment determines what you would accumulate overtime…so both are important.

P.s: I’m just replying to the title of the thread.

[Marvelockg]

There is this mentality that an average individual has about investing, as if it is all about having a huge amount of money, but this is not what matters in investing. Successful investment is all about consistency and being patient.

At the start of your investment journey, it might not be too much of a concern that you're investing a little amount. Investing little is alright because it means you've already started but when you've stayed invested for a longer period of time, increasing the allocation for your investment is very neccesary because it allows you to get to your investment goal faster enough.

If you're investing with the DCA method, consistency is the main factor that keeps you locked in for the long term. If you're not consistent as someone that's not investing with much, You will never grow well but if you're investing with a good amount per time, you will need a combination of a good amount and also putting in consistency in your investment.

[Crakryptvest]

At the start of your investment journey, it might not be too much of a concern that you're investing a little amount. Investing little is alright because it means you've already started but when you've stayed invested for a longer period of time, increasing the allocation for your investment is very neccesary because it allows you to get to your investment goal faster enough.

Once you're in, other measures can follow or should I say can come in place but whatever plans an investor has to top up the amount that's allocated to his bitcon investment as time goes by should come from his discreationary income, one thing we must not forget as Bitcoin investors is that, we are not in any or anytime adviced to pressure ourself to invest with what we no that we cannot afford, note our investment aproach is what determines whether we will stay long hodling or not that's why any step we make as investors must be guided, of course being agressive at some point helps us to get to our target as quick as possible, every investor is supposed to seek for more source of income as that will help to increase such person discreationary income if only he can actually figure it out.

[Son Of Blockchain (SOB)]

Starting on a smaller scale especially when it comes to investment is really good but size also matters! Depending on your aims and your goals it for investing in bitcoin or whatsoever, the size you choose to invest consistently or just buy upfront really matters…

You can’t just say I’m a consistent investor whereas you’re just investing let’s say $2 weekly… in a complete year you would have just invested an amount around $104…..now compare it to someone who invests more than that consistently or just invests a thousand dollars upfront, does the consistency beats the size? No

Consistency is important for investments but it doesn’t beat the size, the size determines your profits and consistent investment determines what you would accumulate overtime…so both are important.

P.s: I’m just replying to the title of the thread.

The size of discretionary income doesn't distrrupt someone from being consistent, someone who have enough to spare for it can also be consistent and there's nothing wrong with someone who can't allocate big money to their discretionary income to invest small and gradually. Some investors just feel they must have a big capital for investment before they can invest which is wrong.
 Consistency in Bitcoin investment helps tackle the emotions of volatility especially during the dip so it's also necessary, what makes it more interesting is that both low and high income earners who can allocate more or less to their discretionary income can be consistent, it doesn't matter the size.

[DubemIfedigbo001]

Starting small can help you build confidence in bitcoin over time, a new investor who comes into bitcoin with basic knowledge can choose to start DCAing small amounts into bitcoin, instead of waiting to learn a lot about it and delaying his investment journey. After a while, he may have learned enough to boost his confidence to increase his DCA amounts. He has saved on time and built more confidence by starting small.

You doesn't necessarily need lots of money to invest into bitcoin, you can start investing from within your means, as long as you've discretionary income available, consistency is key and that is what makes your DCA effective, waiting for larger funds can mean waiting forever and sometimes putting heavy funds into bitcoin at once might mean financial pressure on the investor, so it may be safer to invest within your little discretionary income and remain consistent for long.

Another important factor is to build backup funds like emergency fund alongside investing into bitcoin to avoid tampering your portfolio during emergencies.

[Obim34]

Their are so many reasons for starting small or with the amount you can afford because this is the key to start the journey of your investment.

There are many perspective one can use to digest your topic, but the thing is that, while you want to invest, let it be an amount you can afford, whether it is big or small, it all depends on your financial ability, an amount that can be small for you might be big for me. For investors who wants to keep participating over time, let the DCA amount be what you can be committed towards without feeling pressured, that is a way of growing and protecting your investment without needing to tamper for any reason.

[Fivestar4everMVP]

people need to understand that the size of your investment does not determine your success in investing, but consistency does.

Well, I don't agree wit this statement that size of investment does not determine one's success in investing, I completely disagree wit this statement and here is why..

First, if you want to tell us that for the man who can't afford to go big on an investment, that his small but consistent investment can also help me succeed, then you are absolutely right, and the key word there is "consistent", "consistency", because if you only have a small capital to invest in a currency like bitcoin, even when the price of bitcoin double, you still will end up with very little profit, so you have to be investing the small small amount using a dca strategy and for a long time to guarantee success (and I understand that success can mean different things for different people any way).

But for the person who can afford to go big on an investment, he or she has a good advantage over those who can't. Imagine my friend can only afford to buy 0.0002 bitcoin per month, while myself can easily afford to buy up to 1 bitcoin every month as an investment, even if the price of bitcoin doubles in the first month, I already made over 50 million naira in profits, enough money to set me up for life, while my friend only made a profit enough to buy him sharwama, hope you understand..

[Sobz]

people need to understand that the size of your investment does not determine your success in investing, but consistency does.

Well, I don't agree wit this statement that size of investment does not determine one's success in investing, I completely disagree wit this statement and here is why..

Sorry for the mistakes I am supposed to use the world defines or describe.

First, if you want to tell us that for the man who can't afford to go big on an investment, that his small but consistent investment can also help me succeed, then you are absolutely right, and the key word there is "consistent", "consistency", because if you only have a small capital to invest in a currency like bitcoin, even when the price of bitcoin double, you still will end up with very little profit, so you have to be investing the small small amount using a dca strategy and for a long time to guarantee success (and I understand that success can mean different things for different people any way).

But for the person who can afford to go big on an investment, he or she has a good advantage over those who can't. Imagine my friend can only afford to buy 0.0002 bitcoin per month, while myself can easily afford to buy up to 1 bitcoin every month as an investment, even if the price of bitcoin doubles in the first month, I already made over 50 million naira in profits, enough money to set me up for life, while my friend only made a profit enough to buy him sharwama, hope you understand..

And I will say will say small doesn't mean $1. We all have a different definition of what small is all about. Sometimes the amount you can afford can be considered to be small to you but from another's persons end it could even be the amount that cant be afford,  which this person have its own small amount that can be afford to invest.   We are not the same that means the amount we all can afford wont be the same, which can be considered as small.

[Nathrixxx]

I have seen people starting a new business in a big way and end up in a small scale until the business ceased to exist, this is why it is better to start more and you keep building in your business so as to know how you could manage running and sustaining a business successfully, sometimes we need to start a small way just to be able to understand the ethics in business management and the challenges we can possibly face and tackle it in a small way before we advance in a big way in our business, this is the same thing applicable to bitcoin investment.

[Dex_master25]

There's a saying that this post reminds me of and that is, 'never despise the days of humble beginnings '.
The saying is so simple but it makes you think hard and long before even the thought to start investing in Bitcoin is a reality.
I think we should be disciplined enough to keep a consistent investment in Bitcoin realistic. We should be able to understand how money works in the real world sense and that involves budgeting, financial management and emotional control which helps us make good decisions.

[adultcrypto]

I don't want to make comparison because it is really not necessary as we know that the method an investor is using to accumulate his bitcoin will determine his approach. Someone using the DCA method will cherish consistency because that is what the DCA method requires. On the other hand, someone using lumpsum accumulation can just execute his orders once whenever the finance is ready and such fellow will not worry about consistency. However, consistency is still a better attribute of a good bitcoin investor.

[Judith87403]

I have seen people starting a new business in a big way and end up in a small scale until the business ceased to exist, this is why it is better to start more and you keep building in your business so as to know how you could manage running and sustaining a business successfully, sometimes we need to start a small way just to be able to understand the ethics in business management and the challenges we can possibly face and tackle it in a small way before we advance in a big way in our business, this is the same thing applicable to bitcoin investment.

Good one, some people don't have the knowledge of the business they want to invest into before starting and this makes their business to crashed because they are unable to handle situations when they are faced with one and instead of them to start small, so that they can be getting experience as time goes on since they don't have much understanding and knowledge about the business, they will want to start in a large scale and at the end, they will lose everything, when they could have apply this mindset to prevent their business from crashing.