Topic: [STOP] My Challenge with small investment in bitcoin - page 3. (Read 700 times)
Invest and forget for a long time. Don't be in a hurry to cash out. Don't invest money that you cannot afford to lose. By Sept 2022 you'll have put in $2400 if you successfully continue buying $200 worth of btc per week. By Sept 2023 your worth should be more because btc has been in an uptrend over the years. Good luck!
We await good news from you next . Good luck because what you are doing is right, when else if you don't start now to invest. What is certain is that you are left with cold money. Sufficient all your needs after that you set aside to invest. If everyone can think so, leave to invest. I think poverty will decrease.
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.
I will continue to monitor this thread. It's very interesting. and want to know the small journey of bitcointalks investors. It will also add to my insight from your investment experience.
Same with me too. OP just got me more thrilled and excited about it. This will definitely clear the minds of newbies and to everyone who believes that bitcoin is more on for rich people, and no place for the poor. I know this is a total misinterpretation that should be corrected as early as now because if not, the rich people will become richer, while the poor become poorer. Bitcoin is for everyone. Its not necessary that you take the whole bitcoin on your first buy. Take a step by step process and start investing in a little amount and it will definitely grow if you always do the right thing. 
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. Ofcourse you can't become rich in a year but eventually you can if you have enough patience to keep holding the funds you invested but beware of the scammers and hackers better invest a hundred dollar on hardware wallet which saves you from most of the hack attempts.
maybe you are earning a certain amount of money every week so it's very easy to afford 50$ you invest in every week but i think it's good start to you. but i can not invest even 50$ in a month because i have no earning in monthly.
i am very appreciated an invest bitcoin, it will big in the long term.
i am very appreciated an invest bitcoin, it will big in the long term.
Nice! Little drops of water as they say; makes a mighty ocean. $2,400 is quite a big money(depending on your pocket) to throw in at a time but obviously, with your saving plan, you can achieve that. Investing in Bitcoin never requested anyone to buy/own 1 bitcoin. Buy as much as you can. Imagine buying $1,000 BTC; what you receive looks small but it has a high value already. Don't sit and wait till you have millions to buy hundreds of BTC, buy it with what you have.
You are right, it is not possible for those of us who are lower or middle class to invest in whole bitcoin at once. We should invest in this way on a weekly basis. I believe even a small investment in Bitcoin can bring big profits at one time.
That is why you need to calculate the money you will use to invest in bitcoin and not buy bitcoin at once. If you think that you are okay to buy bitcoin separately weekly, you should do that while you still have time. Otherwise, you will be late to do that because the bitcoin price will increase in the future.A small investment will be better for every people than to buy in a rush. Besides that, the bitcoin price will always fluctuate so you will have a chance to buy at a low price.
I agree that the so-called "buying the dip" strategy is effective in the long run; however, what I find difficult about that strategy is market timing and determining when the dip has completed its full course.
You see, it's a little frustrating to buy what you think is a "dip" only to discover that the dip you bought is only the first 10% of a 40% drop.
You see, it's a little frustrating to buy what you think is a "dip" only to discover that the dip you bought is only the first 10% of a 40% drop.
Of course, that's why I wrote that it's much easier to invest $50 every week, regardless of the price, but in that way, we don't use all the opportunities that the market offers us. No one can say for sure when a dip will happen, but the fact is that we have them from time to time, and that if you have cash on hand, you can use it very easily.
The point of this whole story is that the OP has $200 and can spend it all at once each month or stick to its strategy - and after a few months he can calculate which strategy would allow him to buy more BTC for the same amount of money.
I have to chime in and agree every time someone brings up DCA because this is the only way to ensure you buy at all the dips. Remember,,, Bitcoin spends 10% of its time in the highest price and 90% of its time in the lowest price range. Well ok I know the stats are not really like this but the majority of time it is low and minority of time only in a rally. So DCA is majority good buys will always more than even out the not so good buys.
It is only frustrating to buy the "not real" dip if you are a trader
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) 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.
Some people have money but they do not know where it is good for invest . Some people are always hesitate investing money though they know where they invest because they think if loose money never invest further time they are called middle class . You are lucky man to invest in Bitcoin in right time . The painful truth is small investors are not invest in whole BTC because of very high price but if anyone bravely invest in Bitcoin as they can it's really wise decision and very good thought for themselves 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) 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.
You are right, it is not possible for those of us who are lower or middle class to invest in whole bitcoin at once. We should invest in this way on a weekly basis. I believe even a small investment in Bitcoin can bring big profits at one time.
A very nice move that could prove other people that small amount of investment is also worth to invest in bitcoin.
But my suggestion for the upcoming weeks, you should also looking for an alts too because the famous principle of investment is "Never put all of your eggs into one basket" means you have to split your investment to few kind of altcoins just to make sure you won't lose so much if a coin drop.
But it's still a good move, hope you have persistence to have at leat this program running for a year and people could see the growth of your investment
But my suggestion for the upcoming weeks, you should also looking for an alts too because the famous principle of investment is "Never put all of your eggs into one basket" means you have to split your investment to few kind of altcoins just to make sure you won't lose so much if a coin drop.
But it's still a good move, hope you have persistence to have at leat this program running for a year and people could see the growth of your investment
Based on a strong commitment and a high sense of optimism.. is one of the keys to success in investing. Here it would be nice not to force yourself to put in a lot of capital, because even from a small amount we can still invest for the long term. And as time goes on while we get other income, we can put it back in the investment, little by little it will be big when hitting great prices.
Investment with bitcoin is not just an easy thing because this requires a lot of knowledge, understanding, skills and analysis this kind of investment is quite risky not good for beginners as the OP stated he takes a journey but still it's all their path. Good luck with your investment of course always open to your question and tons of us is willing to help. Good to know if there's any update to the progress so some of us know if this kind of strategy is good effective for them too.
When i first came to the cryptocurrency market i had no knowledge about the market and so does majority who reaches the market as it was literally new at that stage. Right now there is a ton of data that is available and all you need to do is to study them so that you will have an idea about the market, just follow them and just trade with basic strategy and you do not need any other analysis to be successful in this market, buy when the market is going for a correction and wait for the long hold you will make money 
.
Great! I don't know why, but I really like reading stories about how someone started working in this industry, reading about their achievements. As for me, this is also a very rewarding experience for beginners.
I hope your experience can be useful for another people start investing in bitcoin as well with low amounts of money. As you update this thread and results start appearing, I'm going to show it to some people I would like to introduce in crypto universe. It might be possible to convince them to finally start investing if they see stories of success of another people in crypto currency with real statistics.
challenging ourselves is great to see how consistent we are and also increases the level of discipline. i have a small business and the income is uncertain, every month i also set aside a little money to invest in bitcoin too. good luck with your challenges (buy bitcoins every month)
You have a good mindset by the way, so congrats to you mate and keep it up, that's a good example of how investment in cryptocurrency can really change other people life wherien no matter what the status you have as long as you're believing how it really works you will become successful in just a simple way.
Bitcoin is not only for the Rich. Anyone can invest in Bitcoin. Whether Rich, Middle- class, Working class or what so ever. Is not necessary to buy a whole Bitcoin. One can basically start with the amount he/her have, and have a strategy. The OP took a bold step, and will surely benefit from Investing in Bitcoin, $200 is a good amount. The most important thing is determination, and also be courageous. Bitcoin Investment is profitable.
We believe in BTC so it's sure that you can profit whenever the bull market returns. If it's me, I would only buy whenever there is a dip, not every week.
It's the people who are having doubts are usually the middle or working class that will find it hard to trust BTC as investment actaully. It would take a lot of encouragement and swaying to be able to make them invest. The probability of success is that they believe more in dropping coins in their piggy bank than buying BTC.
You are favoured by gods that you could set aside an amount of $50 a week because some of them hardly even earn $50K a year.
Whenever the market is bull and we have bitcoin reserves that are bought at low prices it will certainly be profitable. But when we buy at high prices and the market crashes then there will be losses if we sell them. however for a long term investment, buying in stages like the OP did would be very good. The target price is set and buying when the market is crashing is highly recommended. Don't just buy, let alone buy when the price is at a level of resistance.It's the people who are having doubts are usually the middle or working class that will find it hard to trust BTC as investment actaully. It would take a lot of encouragement and swaying to be able to make them invest. The probability of success is that they believe more in dropping coins in their piggy bank than buying BTC.
You are favoured by gods that you could set aside an amount of $50 a week because some of them hardly even earn $50K a year.
Buying and selling also has a strategy.
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