Topic: [STOP] My Challenge with small investment in bitcoin - page 4. (Read 700 times)
this is a good strategy, but you can make the most of it if you know technical analysis and use the 4h chart, you may be able to buy lower and you can do technical analysis to find another lower point to buy and you will just have to repeat this cycle. at that moment the price is oscillating in a very dangerous zone, be careful because if the support that is at $40,000 gives way it will start to fall a lot again
basically investing in bitcoin with small or big capital remains a challenge for someone to make a profit. it's true that you don't have to invest into 1 btc if you really have a little capital, we can start with a small capital too. if you have invested then we are required to be able to manage it well and make a profit. therefore we need patience and caution in investing bitcoin so that we can handle our crypto assets well and make a profit.
What you are about to do is what is called dollar cost averaging. It is a good method that is being used by a lot of people these days to be timing their investment. You see, I do see people who complain that the price of bitcoin is high and because of that they can’t be investing in it because they can’t afford to invest that much, and whenever I see I just laugh it off. Why? Because, I am also the same level with them and I still invested my money despite the price of bitcoin and I made profit.
Most of these people are waiting for when they will have money to buy one full bitcoin, which is not going to work, because before you know it, by next four or five years the price of one Bitcoin might be worth up to a hundred thousand dollars and they still wouldn’t b able to afford it by then. But if they invest now, the little investment they have made will still fetch them some profit by then. That’s why my investments in bitcoin are mostly long term and I use dollar cost averaging. Apart from that I also invest in cheap altcoins that will bring me good profit.
Most of these people are waiting for when they will have money to buy one full bitcoin, which is not going to work, because before you know it, by next four or five years the price of one Bitcoin might be worth up to a hundred thousand dollars and they still wouldn’t b able to afford it by then. But if they invest now, the little investment they have made will still fetch them some profit by then. That’s why my investments in bitcoin are mostly long term and I use dollar cost averaging. Apart from that I also invest in cheap altcoins that will bring me good profit.
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.
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.
It's a nice move you started investing in bitcoin.
There are really some hindrances and challenges to some of us that's why some people don't have any savings or investments to begin with. It's totally not your fault if you are one of those people. As long as you are trying to survive and thrive, that's an achievement already. You don't have to be pressured by the things that society expects and dictates you to become or to have. However, it's still nice to have things to call your own and to have something to hold onto for the future. So if you have the means to do it, then do it now. After all, bitcoin does not discriminate. We can invest any amount we want. It isn't necessary to buy the whole bitcoin just for you to have an investment. Rather, we can buy in small amount anytime we want, whenever we have the money to do so, and when we feel like buying it because of the market trend.
I hope you'll be able to continue what you are doing. Bitcoin is worth the risk, but make sure to only invest what you can afford to lose. Learn risk management and assessment. You'll go places with having the right perspective and mindset. Keep it up, mate!
~
Of course, it was a groundbreaking initiative, your work will encourage more people and save them from getting frustrated. There is a saying, tiny little sand, drop by drop water makes the continental sea abyss. Just like no one can achieve success in one day. Everyone has to build something big with such a small effort.
I agree with you success cannot be achieved instantly, we have to go through a long process and be patient with all the obstacles that
get in the way. So start investing with small capital, but if done consistently in the long term, of course it can generate large profits.
Most importantly we already understand how the crypto world works, so we don't panic when the Bitcoin price suddenly drops.
That's why I always recommend investing in Bitcoin, but we have to learn about Bitcoin first. We should not invest in something
we do not understand, it will only lead us to losses.
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.
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.
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.
Of course, it was a groundbreaking initiative, your work will encourage more people and save them from getting frustrated. There is a saying, tiny little sand, drop by drop water makes the continental sea abyss. Just like no one can achieve success in one day. Everyone has to build something big with such a small effort.
If we go by historical data and charts, OP won't be wrong to go on this path at this time. September has been a slow month for Bitcoin, painting it in red whenever it tries to go up. Hopefully, history repeats itself in October as we expect price to look north and record some fresh momentum. If it goes that way, every weekly investment of OP will make them smile. Now isn't a bad time to put cash into Bitcoin. Another thing that I have come to notice with investment is that it isn't that most people don't really want to invest but it's getting that capital for it that becomes the problem. It would be that "A man who doesn't have can't invest" so to speak. Nobody will reject Bitcoin or any crypto airdropped on them and then asked to allow it appreciate over time. That shows how people want to invest but may not have the capital to do that. We're truly in an austerity situation and paucity of funds occasioned by the challenges of COVID19. I give kudos to OP and wish them well in this.
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.
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.
While this is a great way to Invest in Bitcoin as I believe I have also mentioned in some other similar post, we would, however, realize that for some, the $50 per week investment is some people's take home for the month and I know this for sure. Most of us that have been into cryptocurrency for a while have come to understand that DCA is the best way to invest especially if you are within the class range you mentioned earlier and if we are able to keep that up for a number of years, we surely will see the profits of DCA.
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 $200 and can spend it all at once each month or stick to its strategy - and after a few months he can calculate which strategy would allow him to buy more BTC for the same amount of money.
The whole point of splitting up your investement is not to get the maximum amount of bitcoin but rather not end up buying at the peak price every time. Theoretically he could also buy some bitcoin every day for ~6.50$ but at some point it would just get ridiculous.
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 $200 and can spend it all at once each month or stick to its strategy - and after a few months he can calculate which strategy would allow him to buy more BTC for the same amount of money.
The steps you have taken are very good, considering that bitcoin is currently being corrected and that is a sign that you bought it at the right time. Nowadays everyone can afford to invest in bitcoin and that is not a delay. Because we believe bitcoin still has the potential for better value in the future. You don't have to be rich to invest in my opinion. But if you are a person who is good at managing finances I am sure you will be successful and make a profit.
The timing of his investment is awesome! since the price would likely pump after a few days from now. It's better to follow what this man has done for the new investors to have some idea about how they will manage to know their profit when doing what the OP did.
I see someone who managed to get a high amount of profit by giving up smoking and using that money to buy bitcoins. he bought bitcoins before the big bull run and luckily get the best amount of money when the bitcoins have to pump up. Just like what this OP is doing, it started from small and got big after it became his new habit to buy bitcoins instead of cigarettes.
your 200$ per month for me is considering high in my country especially in my city average worker is pay 200$ a month so if you have 200$ for invest only i think is great
but only invest what you can afford to lose bitcoin is volatile maybe you see up and down in your graph make that as motivation
cheers
but only invest what you can afford to lose bitcoin is volatile maybe you see up and down in your graph make that as motivation
cheersHello 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.
I hope you can invest in a way that suits you and get rich harvests, and $200 a month is actually not a lot. As long as you can take the risks and are not easily manipulated, I think you can stick to it. 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 $2400 at a time then i feel little scared. So i hope that you guys will understand todays little investment can give us big amount in future.
Every week after investment i will update on this thread.
And i expected experts opinion on this thread i hope i will get positive response from you. And one more thing remember if you can't take a step today you might reach reach that destination after a day.
Every week after investment i will update on this thread.
And i expected experts opinion on this thread i hope i will get positive response from you. And one more thing remember if you can't take a step today you might reach reach that destination after a day.
200$ a month is decent if you are only dedicated in continues investing .
but i will also give you advice to try buying and selling instead,
each month analyze the market if it will dump then sell the coins and re buy when the price starts to increase.
I like your investment plan very much because it is similar to what my friend told me. I learned about Bitcoin through my friend, and he recommended that in the early days of my exposure to Bitcoin, it is best to use a certain amount of salary to buy Bitcoin on time. And he often warns me not to try to buy some altcoins that you don't know, even if they are very famous. This is exactly what I do now, every month I spend 1/10 of my salary to buy Bitcoin and study it hard.
I believe you will succeed! When most people are unwilling to invest in Bitcoin, it is when the price of Bitcoin is rising. When people are anxious to see that Bitcoin is still rising, they will lose the ability to think and buy Bitcoin! This is the thinking of the giant whale!
This method is very good. Although Bitcoin is currently falling, the market value is still the first among virtual currencies. We can buy Bitcoin according to our economic ability. You can choose not to choose a complete Bitcoin and choose the investment method that suits you. This method is suitable when we have just entered the market and have insufficient experience.
Yes i agreed with you because but buying of cryptocurrency especially bitcoin come's with a target and that target is the movement of the market, in a normal circumstances bitcoin is been of benefit when it have market falling occurrence, what you actually emphasising on, it always been like that, people do purchase bitcoin when bitcoin decreases but from my perspective i will advice people to wait until the price go down a little.
This method is very good. Although Bitcoin is currently falling, the market value is still the first among virtual currencies. We can buy Bitcoin according to our economic ability. You can choose not to choose a complete Bitcoin and choose the investment method that suits you. This method is suitable when we have just entered the market and have insufficient experience.
Buy only what you can afford to lose, don't risk everything for your money if you aren't sure what would the future brings for you.
I think this should be a go to advice for many people, not many people know this or understand this one bit, they all just jump right in because they believe that crypto is easy money and that they will be able to curtail losses until it finally happens.Jump to: