Topic: [STOP] My Challenge with small investment in bitcoin (Read 737 times)
the profit that earned from crypto investment depends on how we manage our own assets. if we can manage it well like the OP did then we will also get a profit little by little, glad to hear that. it's true that we have to challenge ourselves to be able to achieve our goals so that we will be even more enthusiastic, that is a good strategy. that way we will be more active and careful in managing our own crypto assets and profit from it.
Hello everyone. Recently I saw many people in forums saying that the bitcoin price is sooo high and it is impossible for us to invest in bitcoin. We are from the middle class, lower middle class, or working class. We don't have a lot of money, so we can't buy a whole bitcoin. Or we can't invest in bitcoin. Now bitcoin is only for rich people. They can invest in bitcoin and we can't. That is why I took a challenge from September 24th, 2021, to see if I could be profitable after investing a small amount in bitcoin. Though I am also not rich, I already earn a good amount of money from crypto. Now I don't want to think about that.
Now I will invest as a job boy or a middle class or lower middle class person. I fixed a budget of $200 per month, but here I will do one thing: I will invest $50 per week. And I won't increase it by a single cent. Let's see if I may be profitable from this investment.
MY INVESTMENT
WEEK-1 (24/09/2021) (BTC/USDT) (0.00121356BTC) $40937
WEEK-2 (30/09/2021) (BTC/USDT) (0.001153BTC) $43014
WEEK-3 (05/10/2021) (BTC/USDT) 0.00101122 49445 I bought 5th oct all because of i saw its pumping hard. Thats why i took an entry Before $50k. What becomes a smart decision today
WEEK-4 (13/10/2021) (BTC/USDT) 0.00087189 $56905
WEEK-5 (/10/2021) (BTC/USDT) Upcoming
Note: I don't want to disrespect anyone who says that things that they are from middle class or lower class and they can't afford it. I respect all of your sentiment because i am also face that time. That is why i know how painful to live a money less life. I work hard on crypto marketing community and i earn money by investing those money what i earn from there.
This post might be inspire you. So that you can understand if you started with little money today after a certain time you this little invest can be huge. Just look at mine invest only $50 per week but after a year how much it will be if i calculate $200 per month then $2400 per year. But if i want to invest $2400 at a time then i feel little scared. So i hope that you guys will understand todays little investment can give us big amount in future.
Every week after investment i will update on this thread.
And i expected experts opinion on this thread i hope i will get positive response from you. And one more thing remember if you can't take a step today you might reach reach that destination after a day.
I am doing the same experiment with altcoin too. Here's my altcoin journey you can check https://bitcointalksearch.org/topic/m.58120293
Awesome, I've seen people with the same experience they've invested in and they've made a profit with the spike we've had since the end of last year. Those of you who are still pondering how expensive Bitcoin is, are not as innovative as you. They always think of going back in time, that is when investing in gold or real estate, they can make high profits. Now I will invest as a job boy or a middle class or lower middle class person. I fixed a budget of $200 per month, but here I will do one thing: I will invest $50 per week. And I won't increase it by a single cent. Let's see if I may be profitable from this investment.
MY INVESTMENT
WEEK-1 (24/09/2021) (BTC/USDT) (0.00121356BTC) $40937
WEEK-2 (30/09/2021) (BTC/USDT) (0.001153BTC) $43014
WEEK-3 (05/10/2021) (BTC/USDT) 0.00101122 49445 I bought 5th oct all because of i saw its pumping hard. Thats why i took an entry Before $50k. What becomes a smart decision today
WEEK-4 (13/10/2021) (BTC/USDT) 0.00087189 $56905
WEEK-5 (/10/2021) (BTC/USDT) Upcoming
Note: I don't want to disrespect anyone who says that things that they are from middle class or lower class and they can't afford it. I respect all of your sentiment because i am also face that time. That is why i know how painful to live a money less life. I work hard on crypto marketing community and i earn money by investing those money what i earn from there.
This post might be inspire you. So that you can understand if you started with little money today after a certain time you this little invest can be huge. Just look at mine invest only $50 per week but after a year how much it will be if i calculate $200 per month then $2400 per year. But if i want to invest $2400 at a time then i feel little scared. So i hope that you guys will understand todays little investment can give us big amount in future.
Every week after investment i will update on this thread.
And i expected experts opinion on this thread i hope i will get positive response from you. And one more thing remember if you can't take a step today you might reach reach that destination after a day.
I am doing the same experiment with altcoin too. Here's my altcoin journey you can check https://bitcointalksearch.org/topic/m.58120293
As a newbie you need to start with small capital to invest on bitcoin to really experience profit and loss in the market. Starting with small capital in your investment, it will help you to know some areas you are lacking in profit making and how to improve in bitcoin investment by using a huge amount of money to earn a huge amount of profits from the investment.
When you use the small amount to invest wisely, it will improve you to another level where you will understand more strategies on short and long term cryptocurrency investment in the market.
When you use the small amount to invest wisely, it will improve you to another level where you will understand more strategies on short and long term cryptocurrency investment in the market.
I was not happy when I invested small amount in Bitcoin because I don't make huge profit from it. It was a great to me when I invested that small amount. All my friends that invest with big capital make a big profit from it. I invested small amounts because I don't want to carry big risk
what do you mean, you say you are not happy and happy to do it and I don't understand that.regardless of any investment there is nothing wrong with either a little or a lot, regardless of the profit of course it is in accordance with what was invested.
I think it's better to invest a little than nothing because everything is a process.
you expect a big investment too if not the initial funds for what to force it.
I was not happy when I invested small amount in Bitcoin because I don't make huge profit from it. It was a great to me when I invested that small amount. All my friends that invest with big capital make a big profit from it. I invested small amounts because I don't want to carry big risk
Interesting observation and data, OP.
Like what I previously mentioned to threads when it comes to investing into BTC, the best time to invest will always be the time you come to know about its existence. If you are a seasoned investor, then the rule of "purchasing low, selling high" will always be applicable, though relatively difficult to anticipate.
I am also from the middle class OP but I also do not have the luxury of investing $50/week though I earn most of my funds through my signature campaign funds. Given that the price of bitcoin increased by at least 5-10% this week, it's better to purchase it for long-term investment.
Like what I previously mentioned to threads when it comes to investing into BTC, the best time to invest will always be the time you come to know about its existence. If you are a seasoned investor, then the rule of "purchasing low, selling high" will always be applicable, though relatively difficult to anticipate.
I am also from the middle class OP but I also do not have the luxury of investing $50/week though I earn most of my funds through my signature campaign funds. Given that the price of bitcoin increased by at least 5-10% this week, it's better to purchase it for long-term investment.
Wow that is great and inspiring. It is a really good decision that you've there. I also want to congratulate you for entering the market at the right timing. It is very important. I know it seems easy but we both know its not because market tend to go up down and this has to be also noted. But anyway did you ever hesitate buying bitcoin since it very expensive now ? Until when are you planning to buy bitcoin ? Yes it is worth investing but sometimes requires patience to wait for its huge pump.
based on what it says, you start your investment since the bitcoin price is still at $40k. for now, you've got the advantage comrade. although the investment is not that big, but little by little, it will be very much in the future, especially if the price of bitcoin tends to rise to the price of $100k.
just curious, how long are you going to make this investment every week? Is there a timeframe that you prepare until you stop at one point? honestly, it's inspiring, because a lot of people say that bitcoin is only for the rich. Well, now we can see how to invest well by having minimal capital. we can do that little by little.
what the OP did was very good indeed. it shows that anyone from any background can invest in such expensive bitcoins.just curious, how long are you going to make this investment every week? Is there a timeframe that you prepare until you stop at one point? honestly, it's inspiring, because a lot of people say that bitcoin is only for the rich. Well, now we can see how to invest well by having minimal capital. we can do that little by little.
I also do the same system for my Gold savings. every month I set aside money that I will buy gold. but I do not determine the nominal consistently. The OP did better planning with his bitcoins.
I think for the time frame, the OP should make a separate target for him to achieve. because to invest in bitcoin of course the most disturbing is the price that pumps. if the price goes down, I'm excited to get in. but when the price goes up, it will be a test for our psychology.
based on what it says, you start your investment since the bitcoin price is still at $40k. for now, you've got the advantage comrade. although the investment is not that big, but little by little, it will be very much in the future, especially if the price of bitcoin tends to rise to the price of $100k.
just curious, how long are you going to make this investment every week? Is there a timeframe that you prepare until you stop at one point? honestly, it's inspiring, because a lot of people say that bitcoin is only for the rich. Well, now we can see how to invest well by having minimal capital. we can do that little by little.
just curious, how long are you going to make this investment every week? Is there a timeframe that you prepare until you stop at one point? honestly, it's inspiring, because a lot of people say that bitcoin is only for the rich. Well, now we can see how to invest well by having minimal capital. we can do that little by little.
You just set up a good future investment plan and strategy through Bitcoin which is a favourable idea that will end up paying bountifully. Very soon you will see a mega result.
Any small-dollar investment in Bitcoin today might turn out big tomorrow. So be calm and patient while you hodl
To set up an investment plan, you're going to probably need a lot of money to make sure that you're going to have a good investment plan, plus putting all your money in bitcoin isn't the optimal option to do since there's volatility in the market. Any small-dollar investment in Bitcoin today might turn out big tomorrow. So be calm and patient while you hodl
You just set up a good future investment plan and strategy through Bitcoin which is a favourable idea that will end up paying bountifully. Very soon you will see a mega result.
Any small-dollar investment in Bitcoin today might turn out big tomorrow. So be calm and patient while you hodl
Any small-dollar investment in Bitcoin today might turn out big tomorrow. So be calm and patient while you hodl
Compare with the bitcoin price today to the price he bought his btc. He is already in positive profit here. And if in case, the price will still go up, the accumulation of small amount will be very rewarding in the future. He may not notice it, but in time, it will give him valuable amount. Who knows, with his continuous accumulation, it will come to a point that he can set-up a business because of this money and live from that point.
For me, that is not a small amount, but it is good enough, moreover if you can continue it or doing it a continuously every week.
Well, I am personally not the kind of person who can really spare my money to invest weekly continuously because still cannot afford it.
That is a very good inspiration for all.
Hopefully, you can really get it again and again by a commitment to continue.
Well, I am personally not the kind of person who can really spare my money to invest weekly continuously because still cannot afford it.
That is a very good inspiration for all.
Hopefully, you can really get it again and again by a commitment to continue.
You just set up a good future investment plan and strategy through Bitcoin which is a favourable idea that will end up paying bountifully. Very soon you will see a mega result.
Any small-dollar investment in Bitcoin today might turn out big tomorrow. So be calm and patient while you hodl
Any small-dollar investment in Bitcoin today might turn out big tomorrow. So be calm and patient while you hodl
We have a very similar situation as I am almost of the same age and have a small capital. Personally I do yield farming on Puncakeswap with APY about 50% in BNB-Cake and on quickswap with APY 70% (matic/usdc). It is said, that those, who don't have big money, should invest their time, so it is good that you learn how to investigate this market. I get experience by participating in Airdrops and ambassador programs.
Appearing more than 10 years ago, Bitcoin is considered the first cryptocurrency in the world, in fact has increased in value and is increasingly used. However, as it has become an investment, Bitcoin has potential for both profit opportunities and risks. These days, everyone can afford to invest in bitcoin and it's not a delay. Because we believe bitcoin still has the potential to have better value in the future. You don't have to be rich to invest in my opinion. But if you are a good financial manager I am sure you will be successful and make a profit. We believe in BTC so make sure you can make a profit whenever the bull market turns around. If it were me, I would only buy whenever there is a drop in price, not weekly. Those who are doubting are usually middle class or working class will find it difficult to trust BTC as an investment act. It will take a lot of encouragement and hard work to get them to invest. The probability of success is that they believe in dropping coins in their piggy bank rather than buying BTC.
That's a good thing. With a small capital that you have little by little you get profits and your money increases. It doesn't matter if you only have a small capital but continue to be occupied it will lead to good things. Your experience gives a lot of hope and opportunity for those who also only have small capital to continue to struggle in this cryptocurrency. Crypto can make people rich and at least can be an additional income to make ends meet.
It's true that there is no problem investing in Bitcoin with small capital, because we don't have to buy 1 BTC to be able to invest. We can buy
Bitcoin according to our financial capabilities, or if we have small capital we can buy Bitcoin gradually. Suppose we are only able to set aside $50
every month from the salary we get, it doesn't matter, we can buy Bitcoin every month with $50. If accumulated in a few years, the results will be
great too. Because the price of Bitcoin is expensive now, so it's best to invest long term if we want to get a big profit from Bitcoin.
I think the misconception that you need to buy a whole Bitcoin to invest ..is driving people to buying cheaper Alt coins. That is one of the reasons why people were buying Bitcoin Cash... and one of the marketing strategies of the people behind those tokens.
The Crypto Exchanges are making a lot of profit.. so I cannot see why companies like Coinbase or even smaller local exchanges, cannot create marketing videos to explain to people that they can buy say $10 of Bitcoin.
(Put some ads on television to educate people)
In any way, I think OP's strategy are flawed, because a fixed monthly investment is the wrong way to invest. We have a saying... buy low and sell high. (You can still keep your fiat currency on your exchange and then wait for the price to go down.. before you buy some coins... this strategy force you to buy high.. because you have to buy every month.. not when the price is low.
The Crypto Exchanges are making a lot of profit.. so I cannot see why companies like Coinbase or even smaller local exchanges, cannot create marketing videos to explain to people that they can buy say $10 of Bitcoin.
(Put some ads on television to educate people)In any way, I think OP's strategy are flawed, because a fixed monthly investment is the wrong way to invest. We have a saying... buy low and sell high. (You can still keep your fiat currency on your exchange and then wait for the price to go down.. before you buy some coins... this strategy force you to buy high.. because you have to buy every month.. not when the price is low.
You can buy bitcoin with any amount you have and infact trading crypto seems the best part time jobs for third world country people since they lost job or not making enough.
Seriously? You want people who lost their jobs to trade in cryptocurrency? Best part time job? Man, seriously do you know how much risk does trading crypto bears compared to stocks and other assets, especially for the beginners?
I think you should encourage others to follow what the OP has been doing, because that's the safest way to handle your investment than trading.
Trading cryptos is not a rocket science and from my experience most people can get the knowledge of crypto trading in very few days and start making money on their own with very less capital and there are many people started trading with $100 and multiplied them into very big capital with compounding strategy.
Compunding method/strategy doesn't guarantee a return there is always risk, and you can't take away the fact that trading in cryptocurrency is very risky. I don't know where you get those "many" people have earned good profit even with just a "few" days of experience in trading. Few days doesn't give you the whole picture of what a crypto market is capable of.
Well, I don't know If you're really talking about reality or not.
I could be wrong here, by sure I'm not the only person who sees trading as a difficult profession (at least at the earliest stage of your trading career).
That's a good thing. With a small capital that you have little by little you get profits and your money increases. It doesn't matter if you only have a small capital but continue to be occupied it will lead to good things. Your experience gives a lot of hope and opportunity for those who also only have small capital to continue to struggle in this cryptocurrency. Crypto can make people rich and at least can be an additional income to make ends meet.
I think we are getting closer to people around the world making the best decision which is to invest in bitcoin and the crypto space.
We'd come to say that many had known about Bitcoin, about cryptocurrency but are they investing now? Not all of them, many we're still in doubt and we can't force them either.
Some people invest in Bitcoin even they just have a limited source of income because of the trust which is somewhat important in this. This is not a contest to who will get 1Bitcoin and OP is sharing his investment strategy as if he will able to continue this then surely has come possible.
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