Topic: Struggle now to invest in Bitcoin for a bright future. - page 5. (Read 1463 times)

True to everything written. Habits that you may not realize are spending money on things you don't need. It would be better if you turn them into new habits by turning them into savings that will be used to invest in Bitcoin.
Investing is many types but investing in Bitcoin is different as they understand Bitcoin.

It's time for people who are still struggling to plan a better future to be aware of spending money on things that are useless after their daily needs for survival are met.
Whoever reads the OP's topic, perhaps still has this habit, just get over it and let's face a bright future even though the investment made is small according to the remaining capabilities of other basic needs.

This is an important point that we must think about because after all, everything starts from interest and desire first regardless of small or large capital I think it doesn't matter because when a desire is strong enough for everyone to feel then surely they will try to realize it.
Indeed, from a financial point of view, we all cannot be compared between one another but in the end, this is still not a benchmark because if someone wants to try to change their destiny, they will try a million times to get out of their zone by all means and so is the case with investing.
This will not be obtained if it only refers to our conditions which are indeed deprived but we all have the mind and mind to change that. It will definitely take a little longer but when our beliefs are embedded then I think even the impossible will become very possible to happen.

All these families can invest in Bitcoin if they want, because each family saves a small amount of their income, or spends them on unnecessary work. We can avoid all these unnecessary costs and invest in Bitcoin, it is possible if we want. If a middle class or a small family invests in bitcoin using a small portion of their fixed monthly or weekly income in Bitcoin using the DCA method, and thus if they continue to invest for a long time (typically everyone saves for a long time), Then one day in future it will become a much bigger portfolio and they may also get some financial support of big amount.

Do it the easier way, don't turn bitcoin investment into a must, don't starve yourself, as we age everyday the body part gets weaker, only those who maintain their body in terms of health wise will have a better future when they get old, I can't say I regret going the hard way when I start this bitcoin journey but I almost said it when I pushed myself too far.

Start getting payment, through jobs and use some percentage to invest in Bitcoin, it gets no better than this, continue to live your life and in the future you will reap the benefit, to have a easy future is why investing in Bitcoin isn't a bad idea at all, holding Bitcoin pays on the long haul.

The hardest condition when you want to invest is not having a source of income.

Yes, I understand today's economic limits, particularly for low-income families. Its about developing a long-term financial perspective, not just spending $50 on Bitcoin. This makes investing personal as well as economical.

I understand money and time as investment cornerstones. Former typically overshadows latter in talks. I believe time is more democratic since its accessible to anyone, regardless of income. Starting early with even little presents is solid advice and a model for financial resiliency. Setting a foundation our future selves will appreciate.

In this discussion, supporting Bitcoin extends beyond price gains. This is about supporting an autonomous, inclusive, and growth-oriented financial system. I consider Bitcoin an educational instrument that teaches patience, market dynamics, and long-term planning. We pledge to a future where financial well-being is available to everyone via informed choices now.

It's true, bitcoin is a good investment and anyone can invest in it as long as you have money and income, but of course before you invest you need to know its background because most of us easily believe what other people say rather than searching for information. It's better that we know what we're getting into, especially if it's connected to money. We must be aware that when it comes to investment, there is also the risk of losing it or not being successful, so you should plan and think carefully before you put money into it. You can't pour your entire savings into investment, you need to properly allocate all your finances.

Everybody can invest in bitcoin, already with 50 USD we could start buying some bitcoin and participate from future price increases. I understand your concern that low income families are struggling a lot in these difficult times and don't have any free money for saving. This is a general problem and not only for crypto currencies, any form of investing would help a lot for struggling families. There are two important factors when it comes to investing, one is money itself and the other is time. The more money we have now, the more we can invest and the higher will be our future returns. But if we don't have a lot of free capital today, the other factor that is going to help us is time. The longer our investing time period, the higher our returns as well. Which makes it so important to start as young as possible with saving. Even if it's just some free money that we get for out birthday and for Christmas, we can invest that money instead of spending it on some games or other enjoyment. We basically need to choose between having fun today, or growing our money over time and having more fun when we are older.

If we started from the bottom and we want to have a great life in the future, struggles and sacrifices are part of it. We cannot achieve anything if we don't make any move. One thing is investing in Bitcoin. If you want to invest in Bitcoin because you think that you'll earn from it in the future however, you lack finances to make an investment. You need to rearrange or organize your way of managing your finances to allocate some portion of your money on investment. Yes, it'll be hard because you need to tighten your budget but it will pay off once you made profit from your Bitcoin investment. Or aside from saving, you can look for another sources of income. You won't be sacrificing your wants but rather your time and effort.  But at the end of the day,  what you will earn will be the fruit of your struggles and sacrifices.

If you are struggling to pay your bills, then you shouldn't invest in bitcoin. The golden rule of investing in crypto currency is that you should invest only what you can afford to invest. Crypto currencies are very volatile. There might be a day where you are in need of serious money, and the only option you have left is to sell your coins. What if at that moment, the price you will be able to sell is much lower than the price you bought at? And yes, like you said, you need to a good source of money before you can actually start investing in bitcoin. If you have some money left, but struggle every day to pay your bills, try to use that money to start a business less riskier and eventually use the profits to invest in bitcoin.

It is not quite easy for poor people and low income earners to really invest in Bitcoin, even though everything is all about sacrifice. The first time I tried investing in Bitcoin, I was actually struggling financially but I was still determined to buy some coins and hold till the value appreciates. I didn't have a good source of income, I tried saving by cutting down on lots of unnecessary expenditures, it was really inconveniencing. After I finally bought my first Bitcoin, I had this feeling of fulfilment and satisfaction but, my ambitions were cut short along the line when I had an emergency I needed to sort out financially. I had no option than to sell my Bitcoin at a loss because my low income could not settle my debts. After the whole situation, I made the decision to get a stable source of income first so I won't have to withdraw my investment when emergency situations arise. I was able to buy another Bitcoin and this time, I am fully ready to invest.

Investing in Bitcoin is good but we have to bear it at the back of our minds that Bitcoin investment doesn't make you rich immediately,  it is a long term investment. If you have a stable source of income aside your investment, you will be comfortable during the years of holding or trading and you won't have to tamper with your investment just like me.

Totally agree, the struggles that we're feeling right now is just a temporary thing that will eventually lead us to greater heights and that height would be financial freedom so if you're not the kind that don't like the idea of struggling now, maybe this isn't for you and that it's not a good idea to invest in bitcoin, of course not everyone can follow through with this though as I'm sure that some people are limited financially so they're going to have a hard time making ends meet and making sure that they're invested too, if you're like this then make sure that you're not struggling first, make your life stable before investing in something.

I agree even students can save their daily allowance to invest in assets such as Bitcoin, they only need a will to do that because lots of young people rather than saving their money they choose to spend it for party, phone, dating, etc. with a little investment we are still able to earn decent amount if we hold it for long term and manage it properly. Don't let influencers make our money go to waste due to following their way, it's better to invest for the long term I guess if our capital is not much. 

This is the ideal thing to do when we are not from high-income groups so that investing in Bitcoin can still be done, saving on everything we can save on such as no longer smoking if we are smokers, reducing buying things that look good but are not important, and start investing whatever amount we use without having to wait a lot and we have to be careful when investing in Bitcoin with a small amount of money, we have to know how the investment is not reduced because of transaction costs, and even though the amount is small, if we continue to do it then the amount can later make us have capital to create a business and make our economy even better.

I agree. Unfortunately this is the reality among the large part of the population in the world. Work in order to survive may sound extremely wrong but such is how many people are doing it. Even within my community itself, it's like that. They seem to have embraced whatever fate has given them and they continue living life as if it's just work to eat and die later on.


As you've said above, we should be learning all about this at a very young age. I think this kind of thing should be integrated to our basic education. We should be taught about financial management and the like at school even at a young age.

Money/Capital is one reason why many people decline such opportunities. We know that DCA is a good strategy usually used by small investors but for some individuals, it is still hard for them to start. But if we have interest and think about the future, we could really find a way to make it possible.
However, it was noted also that not all are capable enough. Those who are considered the poorest people, we can't think they could make it.

We can say Bitcoin investment is open for everyone but not all can partake because investment is a choice and we can't pull people to do this if they don't have interest and knowledge as well. They just come if they want and ignore if they don't in fact, even rich people do.

You can’t eat your cake and have it. Investing is not as easy as we say it (even when you have the money). It’s as easy as clicking a couple of buttons but at the same time, you need to be able to control the money and not let it control you. Money control people most times and then they don’t know what to use it for, so they start buying unnecessary things.

One advice I’ll give to those who don’t have the funds right now to invest; plan how you want to spend whatever money you’re expecting or you may likely forever wish you invested in Bitcoin. What I’m saying is that when you get that money, if you hadn’t plan how you’d spend it, you’ll ask where the money went.

There can be no future success if we won’t see ourselves struggling earlier, that is a sign that we are really determined to achieve that goal. And no matter how hard it is, most particularly if we are always having a tight budget and never gets to save spare money for investment, we can still try to look for side hustles that will give us additional source of income. That is why it’s an advantage if you have extended knowledge and skills because you can simply look for another job aside from your main job.

However, the process is not that easy. There are times that you have to compromise what you have been used to have so you can insert investing your choice of investment.

Im not really that against on the idea yet Bitcoin had been proven it out specially to those people who have believed into its early days. The only thing that you should really be having in mind is that there would really be no assurance when it comes to sure future that you are projecting or you do have in mind on which we know that it isnt something that you could really be able to sure whether it would happen or not.
Plus its not really that ideal that you would really be anticipating such positive thing since we dont know on what the future would bring or on how it do looks like.

Invest on what you can afford to lose and never ever make yourself having those impressions that you do totally rely yourself or 100% trusting about Bitcoin investment in regarding about your future.
Nothing beats out if you do have that multiple income source on which you could really be able to make yourself that be having in peaceful mind knowing
that you could really be having a bright future once you do established your financials.

Your idea sounds great to me especially for those of us who don't have enough funds to invest in Bitcoin but have a plan, there can be no better plan. I have to spend $1 a day to buy cigarettes and this expenditure is unnecessary for me. If I buy cigarettes or trucks every day and save money to invest in bitcoins at the end of the month then I have bitcoinsInvesting will be easy. Besides, I have a lot of unnecessary expenses other than cigarettes that I don't need to spend on, but investing in bitcoins will make my monthly investment a good one. Indeed this important idea of yours is timely and very fruitful for poor and middle class investors.

This is a good suggestion. For people who have no excess money monthly, we can use the money that we sometimes use for unnecessary things for investing in Bitcoin. If sometimes we too often spends money for smoking, we can lower the allocation for smoking. Or if we go for holiday 2 times monthly, we can plan to have 1 holiday only. Sure, we can survive although we reduce the habits spending too much money. It is even the way to use the money for a more useful thing for the future.

I think it won't too difficult because we just reduce the habit, it is not eliminating the habit at all.