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. 
Topic: [STOP] My Challenge with small investment in bitcoin - page 5. (Read 737 times)
People who know nothing about Bitcoin think that you can only buy whole coin increments.
However, poor people really can't invest in Bitcoin, because they can't invest in anything - all the money that they get are instantly spent on their basic needs, and if they manage to save some tiny amount, it will have to be spent too when there's some emergency. This is why Bitcoin can't solve povery, only middle class and above can afford to HODL for years regardless of the market.
However, poor people really can't invest in Bitcoin, because they can't invest in anything - all the money that they get are instantly spent on their basic needs, and if they manage to save some tiny amount, it will have to be spent too when there's some emergency. This is why Bitcoin can't solve povery, only middle class and above can afford to HODL for years regardless of the market.
They could even save $20 for a month but they could actually if they just remove the budget for cigarettes and bottles of beer. They are used to it their whole lives they that they'd rather not eat just to have beers.
And then when BTC is introduced to them, what they want is a whole 1BTC. It's really not satisfying to just hold 0.03 BTC but it's just what their money can afford.
Nice thread bro. I'm also in a lower class who can't buy a certain amount of bitcoin or any other altcoins to invest. You encourage me not to discourage for a small amount of our salary not to invest but to put even a little amount of money to invest and to make money from crypto currency just like saving money.
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.
As you started your investment you must purchase small percentage from your capital while price hasn't stabilized yet. Once price goes higher sell them and take your gains.
You could earn good profit using this method, selling your asset with small quantity but avoid dumping all coins you had because there's a big change it bounces so high.
As you started your investment you must purchase small percentage from your capital while price hasn't stabilized yet. Once price goes higher sell them and take your gains.
You could earn good profit using this method, selling your asset with small quantity but avoid dumping all coins you had because there's a big change it bounces so high.
I wish you good luck OP, I know you can reach your goal.
I know some people are doing that but as the problems and market arrive, they are in troubled and become emotional thinking negatively which I think you should have to be strong otherwise, you could be like them.
Only the thing I could say is that you don't need to rush, one step at a time. Just enjoy the market while investing, 10 years from now might you get 1 full Bitcoin, not impossible if you continue doing that.
I know some people are doing that but as the problems and market arrive, they are in troubled and become emotional thinking negatively which I think you should have to be strong otherwise, you could be like them.
Only the thing I could say is that you don't need to rush, one step at a time. Just enjoy the market while investing, 10 years from now might you get 1 full Bitcoin, not impossible if you continue doing that.
This is the usual dilemma of some holders, when they see the market is crashing, they panic and sometimes such emotion will give them decisions that are not according to your initial plans. So when you start seeing the price is declining, but you believe the market will still recover, then don't sell your stash owed to your confusion of what to do. Just let it sit or maybe take this opportunity to buy more.
I wish you good luck OP, I know you can reach your goal.
I know some people are doing that but as the problems and market arrive, they are in troubled and become emotional thinking negatively which I think you should have to be strong otherwise, you could be like them.
Only the thing I could say is that you don't need to rush, one step at a time. Just enjoy the market while investing, 10 years from now might you get 1 full Bitcoin, not impossible if you continue doing that.
I know some people are doing that but as the problems and market arrive, they are in troubled and become emotional thinking negatively which I think you should have to be strong otherwise, you could be like them.
Only the thing I could say is that you don't need to rush, one step at a time. Just enjoy the market while investing, 10 years from now might you get 1 full Bitcoin, not impossible if you continue doing that.
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.
Yes, Bitcoin is for everyone, not only for the rich men but it is for everyone who is interested in crypto, especially Bitcoin. There are much easiness that we can get Bitcoin both in exchanges or even trusted P2P and we don't need to buy the whole 1 Bitcoin.We can buy as we have the money to buy or we can also get that BTC from certain programs.
I will invest $50 per week. And I won't increase it by a single cent.
Actually, this is enough for weekly investment. I started investing in Bitcoin by only around 70$ in a month, not a week. but no problem, this is our won journey and we can start by however we have, not we loan.
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
I would wish luck but there is a problem, you are not going to need it, there have been many theoretical experiments of this kind and the longer this can be maintained and the more consistent you can be then obtaining good results is inevitable, and I have no doubt that you are going to have a lot of success as well, which is why I do no believe those that say that you cannot get good profits with bitcoin anymore, they are just making up excuses in order to not do something like this as they do not want to have to do it for months or years before they become successful. 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
People who know nothing about Bitcoin think that you can only buy whole coin increments.
However, poor people really can't invest in Bitcoin, because they can't invest in anything - all the money that they get are instantly spent on their basic needs, and if they manage to save some tiny amount, it will have to be spent too when there's some emergency. This is why Bitcoin can't solve povery, only middle class and above can afford to HODL for years regardless of the market.
However, poor people really can't invest in Bitcoin, because they can't invest in anything - all the money that they get are instantly spent on their basic needs, and if they manage to save some tiny amount, it will have to be spent too when there's some emergency. This is why Bitcoin can't solve povery, only middle class and above can afford to HODL for years regardless of the market.
You know, the problem with btc investments for most persons is that, they've go this pseudo idea about btc to have gone too high and are always centered on the notion that, 1btc is about the least possible investment and the price attached at the moment isn't anything for the medium and lower class. They tend to forget that bitcoin comes in other smaller denominations and as such, they just fail to make any bold move towards picking an investment package.
One thing I don't understand is this.
It's a fine plan you've drafted for yourself and I just hope you get to follow it judiciously.
One thing I don't understand is this.
WEEK-1 (24/09/2021) (BTC/USDT) (0.00121356BTC) $40937
The $40937 (forty thousand, nine hundred and thirty seven dollar). Is that what you really intended to write and what you arrived at in the first week or something different?It's a fine plan you've drafted for yourself and I just hope you get to follow it judiciously.
Use according to our version of investing in Bitcoin. It doesn't have to be big and it could even be less than $200 per month like you do. Everyone can start at any price if they really want to. Even so, we can actually have a number of sat which later becomes an asset that will bear fruit in the future. The principles of investing are indeed diverse, so everyone should not instill a stigma just because the price is expensive. Everyone is entitled to have Bitcoin in any amount even just $100.
This thread will spark motivation to those who are planning to invest but has little budget to do soo, I do hope OP gets a successful profit after this long-term investment, start small, and then get big by the time Bitcoin's value goes high, 50$ a week is not that much considering you'll invest it every week and get 200$ by the month passes by, best of luck to your investment, I'll keep an eye out on your progress by visiting this thread every month. 
if you invest 200$ in one month and invest 50$/week , i think its hard to get the same price next time
if you are lucky you get a lower price than the first week you get more bitcoins in your wallet
well if in the third week bitcoin has increased at 45k $ I think you know the answer
Now your task is how do you respond in the 3rd and 4th week if bitcoin continues to rise, will you sell your bitcoins to cover losses in the second week?
?
what has not been determined from the OP is the investment planning he is making in bitcoin assets.if you are lucky you get a lower price than the first week you get more bitcoins in your wallet
well if in the third week bitcoin has increased at 45k $ I think you know the answer
Now your task is how do you respond in the 3rd and 4th week if bitcoin continues to rise, will you sell your bitcoins to cover losses in the second week?
?the OP may intend to make a long-term plan by buying BTC in stages as he intends to buy weekly.
so when BTC is on the rise maybe it won't interfere with the investment he is making.
or the OP has other plans regarding the BTC target he will have. like he will keep investing in BTC to reach 1 BTC in his wallet. I guess that's what the OP hasn't said yet.
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.
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.
I think $200 per month of Bitcoin investment is a good start, and if the market condition will good, Im sure that investment will gain profit, but let us also consider the risk because there's are two scenarios that might happen here, and all the results were tied up with the Bitcoin price stability in the future. I believe that was a good experiment and useful to those who are still hesitant to invest even in a small amount.
You should update the average price of Bitcoin you will have bought each week. This way, you can understand if this challenge will be more profitable than investing all of those $50-s in a future price.
You also don't need to own a whole bitcoin, just like you don't need to own one hundred million cents. Just stack sats; that's your currency.
Good luck on your journey! I hope you don't give up a month later.
You also don't need to own a whole bitcoin, just like you don't need to own one hundred million cents. Just stack sats; that's your currency.
Good luck on your journey! I hope you don't give up a month later.
if you invest 200$ in one month and invest 50$/week , i think its hard to get the same price next time
if you are lucky you get a lower price than the first week you get more bitcoins in your wallet
well if in the third week bitcoin has increased at 45k $ I think you know the answer
Now your task is how do you respond in the 3rd and 4th week if bitcoin continues to rise, will you sell your bitcoins to cover losses in the second week??
if you are lucky you get a lower price than the first week you get more bitcoins in your wallet
well if in the third week bitcoin has increased at 45k $ I think you know the answer
Now your task is how do you respond in the 3rd and 4th week if bitcoin continues to rise, will you sell your bitcoins to cover losses in the second week?
?
Bitcoin unit (satoshi) makes it easier to invest in Bitcoin for us. So the excuse of I am poor isn't applicable here. We just need a mentality like OP to invest in Bitcoin. Of course, before that, we should have proper knowledge about Bitcoin and how it works. More important is to know about investment risk. We can't ignore the risk anyway. But a strategy like OP won't hurt even Bitcoin dump hard. Because investing from saving will not force to sell Bitcoin during dump and will not panic as well. But again I want to repeat, don't invest that you can't afford. You have to hold it for a longer, shouldn't sell it for needs unless in an emergency.
OP can you provide your address and sign message to make sure you're genuine? Otherwise you're liar and merit hunter.
I hope I'm wrong here.
I hope I'm wrong here.
I might still consider another strategy, so if I already have $200 to spend each month - why not try the "buy every dip" strategy?
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.
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