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It is only when one don't have an income that he won't be able to invest in bitcoin the only digital gold. I was couping with my full time job then because
I do collect my rent annually.Yearly payments can be a bit of a strange arrangement.. and perhaps a bit more difficult to manage if you might be considering ways that you invest it and you likely have various kinds of monthly expenses, and sometimes there could be some practicality to manage the spending of the rent over a year.. but that could still get us into questions of the value of lump sum investing versus DCA versus buying on dips.. and the once a year payment could end up getting divided into all three categories.. of course, within your discretion and within your own particular circumstances that include considerations of anticipated BTC price movements and also considering how many BTC (or satoshis) you had already accumulated.
It can be a bit more challenging and even in needs of creativity when managing such low frequency cashflows ... ..
Do you like it like that set up? Are you in any kind of a position to change the set up?
Might there be a way to try to set it up with more frequency, such as twice a year?
I know sometimes if you are receiving payments once a year, then you are probably being paid in advance.. but I suppose a contract (or custom) could be written (carried out) either way... and another thing if there is a kind of standard in the area that everyone likes to follow, then it might become more difficult to change such custom practices.
.......after getting good information about Bitcoin, sometimes it can be very hard to get capital that you can use to start the investment plans, most times, because you already have the knowledge, but the knowledge is not yet enough and BTC price dropped you might be discouraged about the investment but when your knowledge is excessive you can never be discouraged about Bitcoin investment even if Bitcoin is going up or down you just buy and hodl.
One of the greatest things about bitcoin is that you do not need to get a lot of capital in order to be able to invest into bitcoin.. You can invest as low as $10 per week or maybe even lower than that.. but surely you should be trying to invest as much as you are able to, especially if your amounts are so small.
Ok, I understand what you are saying, capital is the most important thing to start an investment or either business and I believe that without any job there is no where a capital that will be used for investment will come from.
So even if someone is planning to invest a total amount of $10 per week and does not have a job, that plans are waste plans, but if the person have a job he can invest with $10 or even lower amount per week.
Surely, you have to be able to get some level of discretionary income, and that is the amount of income that you have left after you pay your monthly expenses. So if you never have any money that is beyond the level of your monthly expenses, then you are kind of fucked in terms of being able to invest into bitcoin and you might have to either work towards increasing your income and/or lowering your expenses, or perhaps resolving yourself to the fact that you are not going to be able to invest into bitcoin.
I get your point, expenses can hinder an investor from investing in Bitcoin, the thing there is that as long as an investor is having too much expenses and he is not meeting up he's investment plans for the week or for the month, he should just look for another job or reduce the expenses for the week so that he can meet up his plans to accumulate more coins.
When it comes to investing into bitcoin, people with more discretionary income are advantaged over people with less discretionary income - however, even people with low levels of discretionary income can end up passing up people with higher levels of discretionary income because they choose to invest into bitcoin and an overwhelming majority (something like 99% of the worlds population) is not even investing into bitcoin, so there are a lot of people over which any of us can get advantage when we are investing into bitcoin and they are either not investing or they are going to start investing into bitcoin at a much later date than some of us earlier adopters.. and even starting out now, you are not too late.
You are correct, yes I am not too late to join the investment because I already know that no body is too late to invest in Bitcoin, now that Bitcoin is in a stable price, I believe i can buy the little I can when I have the money to buy them.
Sometimes people buy bitcoin because they believe that the price will go up and then so they are using money that they actually need to pay their expenses, but if the BTC price goes up, then they can pay some (or all) of those expense from their bitcoin investment.
I personally believe that it is risky to be investing money into bitcoin that you are going to need in the next 4 years or so. In other words, it seems to me to be a better practice to invest into bitcoin with money that you do not need, and maybe you will not need that money for 4-10 years.. and maybe you keep investing small amounts with new money, and so 4-10 years later you can look at how your investment has been building, and some of the money that you put in will have been older money and some will have been newer money, and hopefully over the years you are able to increase your small investment amount (such as $10 per week) to be larger and larger amounts, such as $100 or more per week....
Yet no matter how much you invest into bitcoin, whether small amounts or larger amounts, you should be able to get advantages from allowing that build 4-10 years or longer.. but maybe even putting aside such small amounts on a regular and ongoing basis that you may well not really notice it, even if it takes a long time to build up. ..... $10 per week seems like a really small amount, but over 10 years, you end up investing $5,200.. and if you are able to do $100 per week, then over 10 years you have invested $52k.. which surely adds up to a decent amount of money invested...even if the dollar is likely to continue to go down in value more and more and the dollar may well ONLY be worth less than half as much as it is currently after 10 more years of being debased (and irresponsible policies in regards to being able to preserve its value).