Can small investors actually make good profit with bitcoin ?

[Different patterns]

You could have a source of income and still be unable to figure out any discretionary funds depending on how things are on you, maybe your responsibility couldn't let you figure out any discretionary funds, that's why we can't just say that one needs a source of income to start investing in Bitcoin.

We don't need a source of income to start accumulating Bitcoin, although it is preferable and good to have a source of income, but it's not necessary for you to have it in order to accumulate or invest in Bitcoin.

It’s true that you can have a source of income and not have a discretionary funds for investments because of several reasons but I agree with you that it doesn’t stop investors from investing because any other source of income either what is earned or gifted can be used for discretionary funds, so individuals source of income can take care of their essential needs but have nothing else to spare for discretionary funds but other funds received in form of gift or appreciation or in any other legitimate means can be used as discretionary funds for your investment.

[Bluedrem]

It’s true that you can have a source of income and not have a discretionary funds for investments because of several reasons but I agree with you that it doesn’t stop investors from investing because any other source of income either what is earned or gifted can be used for discretionary funds, so individuals source of income can take care of their essential needs but have nothing else to spare for discretionary funds but other funds received in form of gift or appreciation or in any other legitimate means can be used as discretionary funds for your investment.

Waiting to invest only with money received from gifts or such sources is never a sign of a real investor. Those who employ long-term Bitcoin investors must invest from their discretionary income. In that case, no matter how small their discretionary income is, they try to manage DCA with them. Yes, if they get extra money from gifts or such sources at some point, they can make aggressive purchases with it.
And if you are saying that even if a person does not have any discretionary income, if they get money from gifts or other sources, they can buy Bitcoin with them. Yes, they can, but it must be ensured that the investor was not in any kind of financial crisis before. If the entire part of the amount that someone earns is used to meet basic needs. There is no money left or there is no money shortage, in such a situation, Bitcoin can be purchased with gift money. However, I would say that those whose income is like this, if they work a little harder, they can invest in Bitcoin with the part that they can earn more.

[slaman29]

Or once a quarter, or once a week, or instead of a regular period, something like 'everytime I have $50 savings in my DCA pot, I buy BTC' that's the beauty of the whole thing, right?~

Absolutely. If you are doing it only with money that you can easily afford to lose and it brings you pleasure, why not? People who were doing it 10 years ago can now enjoy the results. Is there anything that brings you pleasure now and lets you enjoy the results afterwards, apart from making kids, of course?

I don't know which kids you had experience with but the way I see people around me making kids, they don't seem to enjoy lol (in the country I live in most people have kids, both parents have careers and there is a permanent nanny taking care of all the kids they even made an ad about it that mothers didn't know their kids as well as the nannies).

For me its health. I exercise more, spend no time on social media except for this forum (to contact teams for events). It is pleasurable to focus on life and I enjoy the mental results.

Trading BTC I would lump into this same category. Switch to DCA, enjoy the pleasure now, enjoy the results afterwards

[Tetu100]

You could have a source of income and still be unable to figure out any discretionary funds depending on how things are on you, maybe your responsibility couldn't let you figure out any discretionary funds, that's why we can't just say that one needs a source of income to start investing in Bitcoin.

We don't need a source of income to start accumulating Bitcoin, although it is preferable and good to have a source of income, but it's not necessary for you to have it in order to accumulate or invest in Bitcoin.

Yes I can agree with you that someone can have a source of income but still can not be able to figure out his discretionary funds for his Bitcoin investment no doubt about that. Perhaps, that can mainly happened when the responsibilities of the said person is way more bigger than the total in flow or the income of the person in question. And this is the more reasons many people can barely survive through their investment journey.

 Again, talking of the fact that we don't need a source of income before we can investing in Bitcoin is something I can barely agree with you. Because when we have a tangible source of income, this is an additional advantage to any investors,  and this can aid up things in his investment journey without much stress.  Yes, no doubt about your opinion, but I suggest that an investor with a source of income is very more comfortable or flexible than someone that doesn't have any, thus only depend on gifts or promises from friends or families that isn't always as steady as when with a steady source of survival. this is something I can not subscribe to especially when I have plans on embarking on a long term investment plan.

[Primark]

Anyone can make profits investing in Bitcoin, but that’s if they’re willing to play by the rules. First of all, Bitcoin is a long term asset, so if you must make profits from it, either as a big or small investor, you need to invest with the same long term mindset, else you might simply end up incurring losses for yourself. 

You are saying things as if an investor is guaranteed to make a profit if they have a long-term mindset. Of course, a long-term mindset is important in Bitcoin investment. However, I think you have taken the idea of ​​following the investment rules and actually reaching a profitable position a little too lightly. You may have started buying Bitcoin with a long-term goal. But there is no guarantee that your financial situation will remain the same throughout the investment period. You may have been buying Bitcoin regularly, but after a few months your income decreased or some necessary expense came up, for which you may have to sell the accumulated Bitcoin. In this case, your investment will not be successful despite your long-term mindset.

Personally, I think it is more important, especially for new investors, to focus on accumulating Bitcoin according to your financial capacity and strengthening your cash flow, rather than focusing too much on profits from the beginning.

[Shineup]

Anyone can make profits investing in Bitcoin, but that’s if they’re willing to play by the rules. First of all, Bitcoin is a long term asset, so if you must make profits from it, either as a big or small investor, you need to invest with the same long term mindset, else you might simply end up incurring losses for yourself. 

Bitcoin is safe for long-term investment and if an investor can continue investing according to plan and consistently, then there is a possibility of good profit from this investment in the future. Many times we have many misconceptions about investment, but if we think about investment simply, then we will think that investment is actually not that difficult.
For example, if an investor thinks that he will invest and if his intention is to continue for a long time, then he can adopt DCA for this investment. At the same time, he can use discretionary income while doing DCA. Because by doing DCA with discretionary income, the investor will be able to continue it easily and will be able to hold it for a long time.

Long term investment is easier said than done, the fact that an investor is investing with the DCA and buying bitcoin with a discretionary income doesn’t make it easier for him to invest and hold it comfortably for long term. An investor needs some financial cushion in the course of his bitcoin accumulation, an emergency funds to keep the investment safe during emergency situations so that he doesn’t end up selling his bitcoin investment when he’s in emergency position requiring money to solve.

An investor Investing only when there is a discretionary income has given enough flexibilities as to making the investment process easier, including creating the various back of funds such as the emergency funds, floating and reserve funds, in this case his investment can become easier. One important enabling factor too is a good cash flow management as this will ensure good allocation of funds. Investment is not easy and while patient is also an important factor needed for the investment to grow to it's potential, most people lack this patient even after doing other things right.

[Humblevirus]

Anyone can make profits investing in Bitcoin, but that’s if they’re willing to play by the rules. First of all, Bitcoin is a long term asset, so if you must make profits from it, either as a big or small investor, you need to invest with the same long term mindset, else you might simply end up incurring losses for yourself. 

Yes, when someone is willing to hold Bitcoin for the long term, they have a good chance of making  profit. However, it is not guaranteed that everyone who holds Bitcoin for the long term will make a profit, because we are only using past records to predict what might happen in the future. So, even if someone holds Bitcoin for the long term, there is no guarantee that they will make a profit, although the chances of making a profit are high based on Bitcoin's past records of Bitcoin.Again, it is not only about holding; if someone buys Bitcoin, they also need to ensure proper security for their investment. There are some people who will continue accumulating Bitcoin without moving it to a well-secured wallet. These are the kinds of people who risk losing their Bitcoin even while holding it for the long term.

[icebar]

Bitcoin is safe for long-term investment and if an investor can continue investing according to plan and consistently, then there is a possibility of good profit from this investment in the future.

I would advise you to build your position in Bitcoin regularly, according to your ability, without worrying about excess profits at the beginning. If you weaken your cash flow by calculating excess profits at the beginning, it may not be the right decision for you. Even calculating excess profits at the beginning can sometimes turn an investor into a trader very quickly when the price increases. I am not talking about everyone, but there is a possibility that you may break your Bitcoin collection if you see some profit while calculating excess profits.
 

Because by doing DCA with discretionary income, the investor will be able to continue it easily and will be able to hold it for a long time.

There is no guarantee that you will be able to hold your investment for a long time by following the DCA strategy. Naturally, there is no guarantee that your financial situation will remain the same. You may be earning a regular income now and buying Bitcoin after meeting all the necessary expenses. But if you lose your job, have medical expenses, or increase your family responsibilities in the future, your income and expenditure balance may change. Again, if you follow DCA with money that you may need in the next few months, then just because you are buying using the DCA method, it does not mean that you will be able to hold it for a long time. Then you may be forced to sell at a loss. DCA basically gives you the opportunity to buy regularly according to your ability. But if someone goes too far, then even if he does DCA, he may not be able to hold it for a long time.

[Yablee0]

Personally, I think it is more important, especially for new investors, to focus on accumulating Bitcoin according to your financial capacity and strengthening your cash flow, rather than focusing too much on profits from the beginning.

Running after profits at the early stage of your investment when you are supposed to be accumulating doesn't make you a good investor. But rather make you look more desperate and even more of a trader. However, there is no way you can start reaping what you haven't sow or to  start harvesting when there wasn't a time you planted anything or whatsoever. Everything must be followed accordingly before you can actually get to your dream point in your investment. I know that even when your follow every necessary procedures in doing things right, problem always look for loophole to spoil things. But let it be that you have already done what is expected which I believe the system rewards handsomely.

[RockBell]

Yes, when someone is willing to hold Bitcoin for the long term, they have a good chance of making  profit. However, it is not guaranteed that everyone who holds Bitcoin for the long term will make a profit, because we are only using past records to predict what might happen in the future. So, even if someone holds Bitcoin for the long term, there is no guarantee that they will make a profit, although the chances of making a profit are high based on Bitcoin's past records of Bitcoin.Again, it is not only about holding; if someone buys Bitcoin, they also need to ensure proper security for their investment. There are some people who will continue accumulating Bitcoin without moving it to a well-secured wallet. These are the kinds of people who risk losing their Bitcoin even while holding it for the long term.

The longer you hold, the longer your chances of making a profit increase, and to some extent there is still a guarantee when you can hold for a long time, and there is a lot of evidence that the market has shown that the only thing you need to do is buy as much as you want, and as long as you are committed to holding, then you should be able to make a profit. The only thing that you need is for you to be able buy more, and not just that, you should also be able to hold for a long time. If that can be taken care of, then security matters a lot, and if all this can be done properly, then there is nothing to stop you from making a profit.

[Princess Leah]

It’s true that you can have a source of income and not have a discretionary funds for investments because of several reasons but I agree with you that it doesn’t stop investors from investing because any other source of income either what is earned or gifted can be used for discretionary funds, so individuals source of income can take care of their essential needs but have nothing else to spare for discretionary funds but other funds received in form of gift or appreciation or in any other legitimate means can be used as discretionary funds for your investment.

If an investor practice good financial management, i don't think such person would be unable to generate discretionary funds for investment even if it's not much. The problem is that some people spend their leftover funds on unnecessary thing that hinders them from having money to invest that why they can't.

 People just give unnecessary excuses why they can't generate discretionary fund yet they club, gamble, smoke, womanize and lots more, it they can cut down on some expenses that are not too important and manage their finance properly there's no way they won't be able to figure out discretionary funds for investment.

[nara1892]

Bitcoin’s growth isn’t as significant as it used to be especially in the years immediately following its creation, so in the current climate, it’s actually quite difficult to achieve a 100% return on your initial investment, and it will certainly take a long time. On the other hand, I believe investing isn’t the place to seek quick profits, especially with a small amount of capital.
If, for example, you want to make a quick profit, you’ll have to put your money into high-risk assets quick and substantial returns will always be directly proportional to the level of risk involved.

[Qhunman]

Yes I can agree with you that someone can have a source of income but still can not be able to figure out his discretionary funds for his Bitcoin investment no doubt about that. Perhaps, that can mainly happened when the responsibilities of the said person is way more bigger than the total in flow or the income of the person in question. And this is the more reasons many people can barely survive through their investment journey.

 Again, talking of the fact that we don't need a source of income before we can investing in Bitcoin is something I can barely agree with you. Because when we have a tangible source of income, this is an additional advantage to any investors,  and this can aid up things in his investment journey without much stress.  Yes, no doubt about your opinion, but I suggest that an investor with a source of income is very more comfortable or flexible than someone that doesn't have any, thus only depend on gifts or promises from friends or families that isn't always as steady as when with a steady source of survival. this is something I can not subscribe to especially when I have plans on embarking on a long term investment plan.

I don't think an investor who doesn't have a source of income can be able to maintain  consistency in his accumulation journey. if he doesn't find a job, or learn a skill that can be giving him incomes, he may even temper with his bitcoin investment to cover for his basic needs when he run dry of cash.  Therefore he needs to have a source of income so that he can be able to figure his discretionary income and invest consistently in bitcoin.  However, the flow of incomes for investors are not the same but without a source of income, they can't be as consistent or aggressive as investors with a source of income.

[obuoma]

If, for example, you want to make a quick profit, you’ll have to put your money into high-risk assets quick and substantial returns will always be directly proportional to the level of risk involved.

This is a very terrible advice, more like telling someone to through his money away. Chasing quick profits has ruined a lot of people and advising people to even give it a second thought is not ideal. If you love someone, you owe the person the duty to tell them the truth else such is not love. In this case, the best thing you can do for anyone is to encourage them to stay off the part of quest for quick profits and focus on investing in Bitcoin for therein lies their part to sustainable wealth if they are patient to give it years to come.

It is even good that Bitcoin does not need you to do anything beside ensuring that it is properly stored to avoid theft. So, the job of the investor is reduced as there will be no payment in terms of maintenance charges of service charges, just hold your Bitcoin in your wallet and give it time to reward you.

[Obulis]

Anyone can make profits investing in Bitcoin, but that’s if they’re willing to play by the rules. First of all, Bitcoin is a long term asset, so if you must make profits from it, either as a big or small investor, you need to invest with the same long term mindset, else you might simply end up incurring losses for yourself. 

You are absolutely correct but sometimes you need to adjust some rules yourself because you have to, meaning that you must not play by the rules of Bitcoin Investment all the time before you can be successful or make profit it, we are human and as such we can not follow everything perfectly but rather we can only try to perfect it, note: I am not advising you to bend or adjust some rules in Bitcoin investment but as a wise investor who knows what he is doing, will see this I am talking about when the time comes.

Honestly, perfection commonly happens in fairytale. In reality, taking or making something to at least good can be enough for a wonderful outcome that can never ever be the same with not trying at all. At times going extra mile has it's result but there's no point worrying about trying to make this endeavor perfect.