Your first Bitcoin goal should be consistency not big profit.

[CryptopreneurBrainboss]

The first thing a new investor should do is to fix his financial structure and then start investing in Bitcoin regularly by understanding his expenses. It is possible to maintain the continuity of investment for a long time by forming a backup fund and investing from discretionary income. And that increases the chances of an investor getting into a profitable position over time.

Our goal should be to accumulate as much Bitcoin we can get our hands on because we have a limited supply and this valuable asset or currency (any one you wish to call it) increases over time. Understanding your finance is a key to accumulating Bitcoin, if you don't have a stable source of income then that should be your first priority as DCA needs a stable income so you can get a clear picture of what you are trying to achieve and the duration it should take you. You should get your life on track before thinking about being a constant DCA investor in Bitcoin. Get your self a job, budget your lifestyle, know the quantity of Bitcoin you want to buy weekly, monthly or anyhow it suits you and then stay consistent with what you are doing then you are going to achieve your goals.

[NewRevelation]

When starting to invest in Bitcoin, many people think about profit. New investors think about how many days it will double or when to sell to get more profit or when is the right time to invest. A new investor should never have the goal of making big profits. He should think about creating consistency and investing for a long time.
 

Making profit your number one priority when you start a business is bad and isn't tye best steps to building a long lasting business empire. Even in Normal buying and selling of goods in the market or superstores, the first plan is always to build your brand and name, gain recognition and trust from your customers. Along the line, while you keep making few gains, such gains are re-invested into the business to allow it amase strength and Greta recognition. Then gradually, the real gains starts coming in, maybe, after 5-6-10 years of building and getting a sustainable structure.

This can't be taking away from any investment, even that of Bitcoin. Newbie investors must first concentrate on building there portfolio, building sustainable back up funds that is reliable. Good a thing that the DCA is adjustable, allowing you to invest within your means, and gradually growing your assets. We all know that the best way to make profit from Bitcoin is to inevstyans hold for long term, however, investors must have a long term investment in there minds so that they can take there minds off profits

[Zorellian]

The first thing a new investor should do is to fix his financial structure and then start investing in Bitcoin regularly by understanding his expenses. It is possible to maintain the continuity of investment for a long time by forming a backup fund and investing from discretionary income. And that increases the chances of an investor getting into a profitable position over time.

Our goal should be to accumulate as much Bitcoin we can get our hands on because we have a limited supply and this valuable asset or currency (any one you wish to call it) increases over time. Understanding your finance is a key to accumulating Bitcoin, if you don't have a stable source of income then that should be your first priority as DCA needs a stable income so you can get a clear picture of what you are trying to achieve and the duration it should take you. You should get your life on track before thinking about being a constant DCA investor in Bitcoin. Get your self a job, budget your lifestyle, know the quantity of Bitcoin you want to buy weekly, monthly or anyhow it suits you and then stay consistent with what you are doing then you are going to achieve your goals.

I have a believe that anyone that wants to involve themselves in invest in bitcoin, they will have a work or what that are working on that will make them to earn in lifetime then they will think of investing in anything but I don’t know which way you’re thinking it from.
If someone wants to invest in bitcoin they have to get patience, consistency and understanding the market, That is the only way that will make your goal come true in investing in bitcoin and bring good experience.

[Onyeeze]

When starting to invest in Bitcoin, many people think about profit. New investors think about how many days it will double or when to sell to get more profit or when is the right time to invest. A new investor should never have the goal of making big profits. He should think about creating consistency and investing for a long time.

We have two types of investment depends on the one investors choose to invest for, we have short-term investment and long-term investment, investors that goes into short-term investment are the one's that needed quick profit, and they expected their investment to give them profit immediately they invested, why long-term investors, visions is to have a prolonged investment and they needed to make a big profit as long as they keep holding on their investment, and know that the longer the investment stay maybe the more they make profit from the investment

[Versatile_choice]

I have a believe that anyone that wants to involve themselves in invest in bitcoin, they will have a work or what that are working on that will make them to earn in lifetime then they will think of investing in anything but I don’t know which way you’re thinking it from.
If someone wants to invest in bitcoin they have to get patience, consistency and understanding the market, That is the only way that will make your goal come true in investing in bitcoin and bring good experience.

It is very difficult to start bitcoin investment without a source of income, I'm not sure if anyone can survive in his or her bitcoin Investment without a source of income. So it's essential to have a source of income even though it is not stable at least one need to be sure that he or she have a source of getting money because without that we might be finding it hard to invest in bitcoin because any money that gets to you will be used to sort out your Basic necessities as it is the first thing before looking into investment and if the money is not enough, you might go in search of where to get more money so as to enable you sort out your Basic necessities.

[Bitcoin.com97]

You are very correct ,may people fails to understand the whole essence of investment,they began to chase profit instead of been consistent and discipline,that where they always get it wrong, first thing is to  have some thing doing ,the second is consistency,with what you are making ,you invest little and been consistent it's what is going to help your investment journey,but majority focus on profit,that is why they always panic and sell ,which they are always at lost ,this is what many investors should understand.

[Hardyrobust]

I have a believe that anyone that wants to involve themselves in invest in bitcoin, they will have a work or what that are working on that will make them to earn in lifetime then they will think of investing in anything but I don’t know which way you’re thinking it from.
If someone wants to invest in bitcoin they have to get patience, consistency and understanding the market, That is the only way that will make your goal come true in investing in bitcoin and bring good experience.

It is very difficult to start bitcoin investment without a source of income, I'm not sure if anyone can survive in his or her bitcoin Investment without a source of income. So it's essential to have a source of income even though it is not stable at least one need to be sure that he or she have a source of getting money because without that we might be finding it hard to invest in bitcoin because any money that gets to you will be used to sort out your Basic necessities as it is the first thing before looking into investment and if the money is not enough, you might go in search of where to get more money so as to enable you sort out your Basic necessities.

without having a source of income investing in bitcoin won't be possible because it will be had for such a person to have discretionary income. Without discretionary income it won't be a good idea for anyone to invest in bitcoin and not having a source of income means that the person won't be able to have discretionary income that they will invest in bitcoin with. So it will be a bad idea if someone that is still struggling to feed themselves to come and invest in bitcoin.

[Tungbulu]

You are very correct ,may people fails to understand the whole essence of investment,they began to chase profit instead of been consistent and discipline,that where they always get it wrong, first thing is to  have some thing doing ,the second is consistency,with what you are making ,you invest little and been consistent it's what is going to help your investment journey,but majority focus on profit,that is why they always panic and sell ,which they are always at lost ,this is what many investors should understand.

Well the truth is that, different people have different goals when they invest in Bitcoin, and inasmuch as it is advised to maintain a long term mindset about Bitcoin, not everyone is there for long term profits, a lot of people are investing in Bitcoin today and are just waiting for the next bull run so they can cash out some profits from the market and also wait for the next dip so they can invest again. These set of investors will always be around no matter what you do, so the best thing is just to focus on yourself and let other decide for themselves.

[Mr_Brilliant$]

The first thing a new investor should do is to fix his financial structure and then start investing in Bitcoin regularly by understanding his expenses. It is possible to maintain the continuity of investment for a long time by forming a backup fund and investing from discretionary income. And that increases the chances of an investor getting into a profitable position over time.

Our goal should be to accumulate as much Bitcoin we can get our hands on because we have a limited supply and this valuable asset or currency (any one you wish to call it) increases over time. Understanding your finance is a key to accumulating Bitcoin, if you don't have a stable source of income then that should be your first priority as DCA needs a stable income so you can get a clear picture of what you are trying to achieve and the duration it should take you. You should get your life on track before thinking about being a constant DCA investor in Bitcoin. Get your self a job, budget your lifestyle, know the quantity of Bitcoin you want to buy weekly, monthly or anyhow it suits you and then stay consistent with what you are doing then you are going to achieve your goals.

Like having a stable income makes DCA easier because consistency na the whole idea behind am..  If your income dey steady, e go dey easier to plan how much you fit buy every week or month without stress.. But I also feel say nor be everybody go get everything sorted before dem start..
Some people fit start with very small amounts while they still dey work on improving their finances. The most important thing be say make person no use money meant for bills or borrow money just because e wan buy Bitcoin.. Start with wetin you fit afford, keep learning as you go, and stay consistent. Small small purchases over time still fit make a difference..

[Versatile_choice]

~~

without having a source of income investing in bitcoin won't be possible because it will be had for such a person to have discretionary income. Without discretionary income it won't be a good idea for anyone to invest in bitcoin and not having a source of income means that the person won't be able to have discretionary income that they will invest in bitcoin with. So it will be a bad idea if someone that is still struggling to feed themselves to come and invest in bitcoin.

That's the point I was making, I don't even think that someone who is struggling to feed will think about investing in bitcoin. The question is which money are they using to invest, because there's no source of income, so it is almost impossible for someone that is still struggling to feed themselves to come and invest in bitcoin. Thier major concern should be on how they can provide their needs, of course na person way chop belle-full na go think about Investment. It will be bad for someone to think about Investment when they barely feed because even though they Invest there's every possibility of selling thier holdings for Short term.

[Makus]

When starting out Bitcoin investment it is important to focus on consistency because this is what matters in the long run, instead of focusing on making huge profits it is advisable to be consistent and try as much as possible to maintain discipline. The reason why a lot of people end up falling for scam Bitcoin investments Is because they are quick to chase big profit forgetting that it is a process. But you cannot really change the mind of people because everyone has their own goals when it comes to Bitcoin investment.

[Bryan jessy]

The major focus on starting up an investment should be on how to accumulate Bitcoin and more Bitcoin over time instead of focusing more on the profit making, though making profit should be one of the drive but it should not be the the utmost priority, rather financial budget or financial planning has to be put to consideration to enable continuous investment, because if the focus or drive is challenged only on making profit then the investment will not last as expected because the investor will end up selling once there is change in the price.

[ASloveapg]

I have a believe that anyone that wants to involve themselves in invest in bitcoin, they will have a work or what that are working on that will make them to earn in lifetime then they will think of investing in anything but I don’t know which way you’re thinking it from.
If someone wants to invest in bitcoin they have to get patience, consistency and understanding the market, That is the only way that will make your goal come true in investing in bitcoin and bring good experience.

It is very difficult to start bitcoin investment without a source of income, I'm not sure if anyone can survive in his or her bitcoin Investment without a source of income. So it's essential to have a source of income even though it is not stable at least one need to be sure that he or she have a source of getting money because without that we might be finding it hard to invest in bitcoin because any money that gets to you will be used to sort out your Basic necessities as it is the first thing before looking into investment and if the money is not enough, you might go in search of where to get more money so as to enable you sort out your Basic necessities.

without having a source of income investing in bitcoin won't be possible because it will be had for such a person to have discretionary income. Without discretionary income it won't be a good idea for anyone to invest in bitcoin and not having a source of income means that the person won't be able to have discretionary income that they will invest in bitcoin with. So it will be a bad idea if someone that is still struggling to feed themselves to come and invest in bitcoin.

Yes, if someone decides to invest in Bitcoin at the expense of their own mobility, then it is definitely wrong. Bitcoin never asked you to invest at the risk of your daily life, you have to invest the money that you have left after paying all your expenses, that is enough for you. To invest in Bitcoin, it is not enough to have only interest, but also to have financial capacity, because investing beyond your financial capacity can lead you to more losses and problems instead of doing you good. Therefore, it is necessary to have an income system, and it is necessary to invest through discretionary income.

[Plutomanian]

Yes, if someone decides to invest in Bitcoin at the expense of their own mobility, then it is definitely wrong. Bitcoin never asked you to invest at the risk of your daily life, you have to invest the money that you have left after paying all your expenses, that is enough for you. To invest in Bitcoin, it is not enough to have only interest, but also to have financial capacity, because investing beyond your financial capacity can lead you to more losses and problems instead of doing you good. Therefore, it is necessary to have an income system, and it is necessary to invest through discretionary income.

Let's start with Bitcoin not to be a do or die affair because explain to me how Bitcoin will be here and we would be ready to sacrifice everything just to see our portfolio grow. Bitcoin is accessible for everyone but we should also look at the brighter side, Bitcoin is not for those of us that are in hurry to collect their profits, we invest for long time and there's no way we should be in hurry to collect our returns not when the market is very unstable and not hit our target yet.

I do believe we all have goals in the market and our main objective is simply to attain knowledge in the market, become determined and consistent with what we learn then earning our profits come last.

[ruykeri]

You are right. In investing in Bitcoin, it is more important to keep a long-term mindset and keep the investment consistent. If you keep the consistency, the chances of profit will increase, but for this you have to continue investing patiently for a long time. But new investors want big profits in the beginning, which leads them to the wrong concept. Because the price of Bitcoin is unstable in the short term. After investing, the price can also decrease a lot. As a result, panic selling can also occur due to the lack of any proper plan, so more importance should be given to the continuity of investment rather than thinking about profit in the beginning.

[Shadiq]

We enter Bitcoin investment with different goals or different purposes, but the successful ones are those whose goals and objectives are honest and suitable for investment. When someone's goal is to make as much profit as possible from investment, their goal or objective is not suitable for investment. Because Bitcoin is a very volatile asset where there is no guarantee of profit. Although there is some guarantee of profit in the long term, the course of Bitcoin in the short term is unknown to anyone. Therefore, if the price decreases or if you enter the market of dips, you are more likely to panic and there is more chance of loss. Create a savings goal and continue to invest consistently in the achievement that you can afford to invest.

[cxtreenal]

The major focus on starting up an investment should be on how to accumulate Bitcoin and more Bitcoin over time instead of focusing more on the profit making, though making profit should be one of the drive but it should not be the the utmost priority, rather financial budget or financial planning has to be put to consideration to enable continuous investment, because if the focus or drive is challenged only on making profit then the investment will not last as expected because the investor will end up selling once there is change in the price.

Take effective steps by considering profit from Bitcoin as the main theme. Short term profit seekers are traders and Bitcoin is designed for long term investment. If you buy Bitcoin for profit in the short term, that expectation may give the opposite result because the market is unstable and there is a high possibility of not getting the desired profit. Considering this main point that trading attitude is always risky, plan long term Bitcoin accumulation and use DCA method and regularly.

Trying to get profit in the initial stage of investment can put you at risk. Even if the amount of accumulation is small, accumulate Bitcoin through discretionary income in the initial stage and stay consistent for 4-10 years. Consider this period of Bitcoin investment important because the value of this digital currency may increase in the future with time. Regular accumulation Bitcoin in a small amount at present will turn into a huge holding in the future.

[Saltysugar99]

When starting to invest in Bitcoin, many people think about profit. New investors think about how many days it will double or when to sell to get more profit or when is the right time to invest. A new investor should never have the goal of making big profits. He should think about creating consistency and investing for a long time.

We have two types of investment depends on the one investors choose to invest for, we have short-term investment and long-term investment, investors that goes into short-term investment are the one's that needed quick profit, and they expected their investment to give them profit immediately they invested, why long-term investors, visions is to have a prolonged investment and they needed to make a big profit as long as they keep holding on their investment, and know that the longer the investment stay maybe the more they make profit from the investment

Investment is a  plan where a person understands the long-term value proposition of an asset, builds a position according to his ability.  In the case of Bitcoin, this period should often be 4-10 years or more as Bitcoin is so much volatile asset.  Thinking about the profit for less than 4 years is like  trading like mindset. which  we can  not say is investment.  In short time wanting profit people are give more attention to the price and they give up attention to their bitcoin accumulation.  thats why when the market goes down  they panic and try to sell their short term holding. this kind of mindset is obstacles of making strong bitcoin holding over time. The goal of a long-term investor is not just to make a “big profit” they should give more attention to making bitcoin position then they should think about profit. Bitcoin has historically performed very well, but i agree with you that  the future is not guaranteed. so an investor should done investment  in that way  that  though bitcoin stay down for a few years, he is not forced to sell.

[GIF-JOBS]

When starting out Bitcoin investment it is important to focus on consistency because this is what matters in the long run, instead of focusing on making huge profits it is advisable to be consistent and try as much as possible to maintain discipline. The reason why a lot of people end up falling for scam Bitcoin investments Is because they are quick to chase big profit forgetting that it is a process. But you cannot really change the mind of people because everyone has their own goals when it comes to Bitcoin investment.

If you want to get something good from Bitcoin, you have to give up the get-rich-quick mentality first, and prioritize regular investment, consistency, and long-term patience. Because the most important thing is that Bitcoin is a long-term investment, so expecting short-term success here is like trading or gambling, but there are many who have the expectation of getting unusually rich, they think that it is possible to achieve a lot of good things from it in the short term, but is it really possible? We must think realistically, we are most likely to get good results from Bitcoin only in the long term, but for those who expect short-term, it only brings losses.

[Youngrebel]

It is important to focus more consistency because thinking too much about the profit that you are going to make from bitcoin might lead to impatience. Consistency is the key to being successful in when it comes to Bitcoin, meaning whatever strategy you decide to make use be it DCA always ensure that you keep up with it, this is what makes you gain something substantial from it. Consistency doesn't exist without patience, you must understand that this is what the market rewards and it's the only way to gain reasonable profits from Bitcoin.