because most people lacks that kind of patience, they love quick actions rather than sluggish styles, to be honest it should be easy since its just a 1$ but many have the impossible mind lol 
Topic: Investing 1$ every day in bitcoin over the last five years - page 10. (Read 5053 times)
Do you know how difficult this will be for most people? because most people lacks that kind of patience, they love quick actions rather than sluggish styles, to be honest it should be easy since its just a 1$ but many have the impossible mind lol
because most people lacks that kind of patience, they love quick actions rather than sluggish styles, to be honest it should be easy since its just a 1$ but many have the impossible mind lol 
Guess that many of us have never thought of investing a dollar a day, but who would do that everyday without fail? 
Back in 2016 when I purchased some Bitcoin without knowing WTF it was and just left it sitting in the dark until the boom and saw a nice little surprise.
At least I'm now saving the weekly Sats from the sig campaigns and let it earn interests.
Back in 2016 when I purchased some Bitcoin without knowing WTF it was and just left it sitting in the dark until the boom and saw a nice little surprise.At least I'm now saving the weekly Sats from the sig campaigns and let it earn interests.
This is a great investment for 1$ a day was affordable for a normal person spending a hundred dollar for food and other things. This was a good discipline also for ourselves to atleast save some amount of money we have and not always spend it. Although this can be risky, with this small amount a day you will never notice it.
With relation to this topic, knowing what is the difference between asset and liabilities are the one we should know.
With relation to this topic, knowing what is the difference between asset and liabilities are the one we should know.
This is a really good idea and it’s a process that I have applied to other areas like ordinary savings, though I have not looked at Bitcoin this way, I just invest big amounts anytime I feel like.
But, I have a savings account where I save around $1 or more every day and before the end of the year it is worth it. It would be cool if I do the same with Bitcoin and start saving smaller amounts everyday and bigger amounts occasionally and by the time I do this for long it might be a huge amount. And imagine you save up such an amount and then bull run takes place and that more than doubles.
But, I have a savings account where I save around $1 or more every day and before the end of the year it is worth it. It would be cool if I do the same with Bitcoin and start saving smaller amounts everyday and bigger amounts occasionally and by the time I do this for long it might be a huge amount. And imagine you save up such an amount and then bull run takes place and that more than doubles.
This would actually be a good way to invest in Bitcoin/crypto... and many people could actually afford it considering the unnecessary things we spend our money on daily or regular basis.
The deduction could actually be automated in a wallet. Imagine getting paid salaries or earning income in stablecoin, and a dollar deduction from the stablecoin to Bitcoin/crypto is made on daily basis. When the stablecoin fund becomes insufficient, the deduction is postponed to another and the outstanding amount is deducted when you receive sufficient fund in the stablecoin wallet. This will definitely be very useful to many.
The deduction could actually be automated in a wallet. Imagine getting paid salaries or earning income in stablecoin, and a dollar deduction from the stablecoin to Bitcoin/crypto is made on daily basis. When the stablecoin fund becomes insufficient, the deduction is postponed to another and the outstanding amount is deducted when you receive sufficient fund in the stablecoin wallet. This will definitely be very useful to many.
this looks something great and cheaper to deal with huh?
you have given me a best idea now how i can put funds to my Sons Wallet ,because i am planning to invest for His Future(of course aside from our funds for him) because we don't know what will happen for tomorrow and having this 1$ a day?thats cool.
i will start it by monday after the payday and will ask my wife to do the thing as i can forget it for sure because of too much work.
Thanks Mate.
This idea will only work with consistency. If you think that you can forget about the things like this, maybe it is best if you do this every week or every payday. Anyways, hope for the best for your sons, you have given me a best idea now how i can put funds to my Sons Wallet ,because i am planning to invest for His Future(of course aside from our funds for him) because we don't know what will happen for tomorrow and having this 1$ a day?thats cool.
i will start it by monday after the payday and will ask my wife to do the thing as i can forget it for sure because of too much work.
Thanks Mate.
this looks something great and cheaper to deal with huh?
you have given me a best idea now how i can put funds to my Sons Wallet ,because i am planning to invest for His Future(of course aside from our funds for him) because we don't know what will happen for tomorrow and having this 1$ a day?thats cool.
i will start it by monday after the payday and will ask my wife to do the thing as i can forget it for sure because of too much work.
Thanks Mate.
you have given me a best idea now how i can put funds to my Sons Wallet ,because i am planning to invest for His Future(of course aside from our funds for him) because we don't know what will happen for tomorrow and having this 1$ a day?thats cool.
i will start it by monday after the payday and will ask my wife to do the thing as i can forget it for sure because of too much work.
Thanks Mate.
Oh my goodness made, I went through this article and I am just speechless. I was wondering like what if I could have did the same...
Regrets. Regrets always at the end. Just keep remember what other always said; It's never too late to own Bitcoin.Especially when Bitcoin corrected below $4,000 last 2018, hell yeah.
Say if you bough $365 worth of Bitcoins in 2018 and average price is $5,000. It is almost double your 1 dollar everyday.
I already saw thid article before on twitter. It is really worth it.
and here success story.What if we will see again Bitcoin will fall again around below $4,000. I think those people who are telling now to buy once if will make some correction again or will dump again are BUYING or NOT? Hahahaha.
I also experienced this, like waiting for the exact price to fall but I am thinking hard if I will buy more or not since it is dumping, can't decide.
But these experiences will be lessons for me and for all who already experienced these.
Interesting observation...
I am glad that I am earning bitcoin every day with my favorite exchanges and forums.
I wonder what that would look like if it was expanded out to 10 years.
I am glad that I am earning bitcoin every day with my favorite exchanges and forums.
I wonder what that would look like if it was expanded out to 10 years.
That's is why im accumulating bitcoins even though in small amount but atleast im investing it not spending for short term happiness or hobbies because i do believe that someday bitcoin could be even more valuable in the future, i still remember back in 2015 when it was only $200-$300 since then it just keeps increasing.
I've done the same thing putting off 10$ every month for the last 2 years regardless of the price (ofc generally I bought during dips). No regrets
This is a very impressive thing if we just do it a long time ago, but for some reason many of us never thought of doing it.
If you are an active bounty hunter, you can also copy the same thing to save your income from the bounty campaign in bitcoin every time you get your reward.
Indeed, just imagine how much money you have invest doing that stuff for the last five years? We can say that $1 is such a small money for us but if we think that doing that every day or every week for the last five years is an awesome one. Since we all know that bitcoin or cryptocurency to be exact is a good investment. If you are an active bounty hunter, you can also copy the same thing to save your income from the bounty campaign in bitcoin every time you get your reward.
This requires discipline never to sell when there is a huge temptation to either sell for profit or swing trade. It's never going to be easy and it can be done and never too late. For someone who has a stable source of income can just pull out $30 every month for the investment plan and can even pay 6months up-front to avoid the many transaction fees and never to forget to daily buy bitcoin.
Definitely, I don't actually think doing a thing like this before since I can earn in my own way but if I do, I think I got a lot of money right now. Being involved with bitcoin is a great idea especially when you are investing.
I wish I could've done that long time ago.
Maybe it isn't so bad even when I start doing that in 2017, like I was still starting to learn Bitcoin that year and I found out that its price even reached around 20k.
It is quite less of a risk since you aren't throwing all your money in it.
$1 in my country is like half a hundred already, so I don't think that I could invest in that amount daily that much.
Maybe it isn't so bad even when I start doing that in 2017, like I was still starting to learn Bitcoin that year and I found out that its price even reached around 20k.
It is quite less of a risk since you aren't throwing all your money in it.
$1 in my country is like half a hundred already, so I don't think that I could invest in that amount daily that much.
In my case, as a freelance graphic designer that accepts crypto. I do save the every 5% of my salary or every project in my bitcoin paper wallet. This is for my family and for my kid's educational fund in the next decade. I believe this is far better than investing in banks.
This is a good investment if you are not jumping everything in rather than putting a small return during every pay check. I am usually a trader who plays along with the market sentiment and never considered bitcoin as a long term investment as the market is literally new and you never know what the market will be 10 years from now. I am careful with my investment and i have made a huge profit in the market but that does not mean i will be putting all my dough into one platform, banks are there for a reason and if you are living in a good country with a solid government then there is nothing to worry in the long term. 
The point of this exercise is a form of dollar cost averaging, being consistent, and doing this every day or every month. For most people, they get paid twice a month, so they can do the buying every 2 weeks. Something the equivalent of maybe $15 every pay day, which is close to a dollar a day.
People should be saving more, and starting now (or as early as they can) going forward for the next 20 to 30 to 40 years. By the time they retire, they should have at least a million worth, assuming they never touched their coins.
This applies as well with traditional investments and is actually a very basic retirement plan, also safe and sound and more or less proven.
Saving bitcoin is a big challenge I try saving a lot of people as soon as I can but when it comes to emergency most of the time I will spend my savings and then going to be disappointed in the end.People should be saving more, and starting now (or as early as they can) going forward for the next 20 to 30 to 40 years. By the time they retire, they should have at least a million worth, assuming they never touched their coins.
This applies as well with traditional investments and is actually a very basic retirement plan, also safe and sound and more or less proven.
I think it will be a great feature to have in a bitcoin wallet if we could have a wallet that has a timer when we cannot withdraw the bitcoin if the timer is still running. That would make saving bitcoin easy
.i start investing 10% of my monthly wages in Bitcoin and 3 other currencies more than a year now,and i can relate on this story as i am now in good profit(though i am still holding my coins up to now)
i still have no plans of getting out until my target Prices reached.
i trust crypto more than my Banks but of course i only limit my investments for my own safeties.though if this Halving Gives more than 2017 ?i will consider taking out my investments and wait when market falls down again to re invest.
For sure it is still not a good time to withdraw your investment, I just invest in bitcoin most of the time when the market goes down because I think it was more profitable when the market recovers in the end.i still have no plans of getting out until my target Prices reached.
i trust crypto more than my Banks but of course i only limit my investments for my own safeties.though if this Halving Gives more than 2017 ?i will consider taking out my investments and wait when market falls down again to re invest.
This requires discipline never to sell when there is a huge temptation to either sell for profit or swing trade. It's never going to be easy and it can be done and never too late. For someone who has a stable source of income can just pull out $30 every month for the investment plan and can even pay 6months up-front to avoid the many transaction fees and never to forget to daily buy bitcoin.
this is for those person who has enough perseverance and also dedication in each they do,specially when they are still newbie here in crypto,lets all admit that Cryptocurrency only Boomed in 2017 when the Hype from the Bullrun in which effect of the Halving happens,many people take the advantage of getting money instantly since market is continuously growing that year.
That's right let's be honest for ourselves that investing 1$ every day in cryptocurrency will be for those person who is really dedicated on how they want to earn money, perseverance and will was the key for the continuously investing to bitcoin or other cryptocurrency day by day. Yet 1$ is just a piece of cake for us but still the urge to invest on it everyday was kind of lame so what I am saying is this is just for those person who have the urge to invest it continuously. 
I used to do this in my early college days, I made some $2000 by investing 10$ every week in BTC. I just bought them in exchange from the salary I was getting. Did that even when I was in loss or profit, kept buying it every week like people do in SIP for mutual Funds.
The key point in this strategy is consistency. If you are buying consistently then you will be in the profit at the end of a certain period. I still regret stopping that because of my family issues.
The key point in this strategy is consistency. If you are buying consistently then you will be in the profit at the end of a certain period. I still regret stopping that because of my family issues.
i start investing 10% of my monthly wages in Bitcoin and 3 other currencies more than a year now,and i can relate on this story as i am now in good profit(though i am still holding my coins up to now)
i still have no plans of getting out until my target Prices reached.
i trust crypto more than my Banks but of course i only limit my investments for my own safeties.though if this Halving Gives more than 2017 ?i will consider taking out my investments and wait when market falls down again to re invest.
i still have no plans of getting out until my target Prices reached.
i trust crypto more than my Banks but of course i only limit my investments for my own safeties.though if this Halving Gives more than 2017 ?i will consider taking out my investments and wait when market falls down again to re invest.
This market is one of those that favour strong hands and dedicated investors.
For those of you who complain about Bitcoin not even being worth 10 thousand dollars after reaching 20 thousand 2 years ago, you could make a small fortune in 2019 and early 2020 by simply buying and holding. Bitcoin gave uyou so many opportunities for that by staying below 6000 dollars for months and then going close to 10 thousand on multiple ocasions. If you were lucky you could even catch that 14 thousand pump and triple your money!
in the future potential, we believe that bitcoin will rise, so that even if we invest $ 1 every day, of course it will still benefit. I think that would be better than saving money on fiat currency. the main thing is that your investment for a year will not be consumed by inflationFor those of you who complain about Bitcoin not even being worth 10 thousand dollars after reaching 20 thousand 2 years ago, you could make a small fortune in 2019 and early 2020 by simply buying and holding. Bitcoin gave uyou so many opportunities for that by staying below 6000 dollars for months and then going close to 10 thousand on multiple ocasions. If you were lucky you could even catch that 14 thousand pump and triple your money!
If he can buy bitcoin from 2018 and still hold his bitcoin until now, he will see that his investment value will grow, and he can make a big profit at the end of his investment. Let say, from 2018 to 2019, he used $365 to invest in bitcoin plus if he can invest the same in 2019 to 2020, the total money he used will be $730 in bitcoin, and if he calculated with the bitcoin price, I guess that his fiat value will increase from day by day.
But that will need a big effort to invest in bitcoin every day because not all people can constantly use his money to invest in bitcoin every day. Perhaps, he can invest in bitcoin every month with some money so that will help him to gain the benefits from his investment.
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