Topic: Struggle now to invest in Bitcoin for a bright future. - page 6. (Read 1463 times)

Regardless  of any reason, if you really have the goal to invest in bitcoin, even those people who have no stable source of income, will surely find any way just to invest even a small amount of capital. It’s not necessary that you have to buy the whole portion of bitcoin, investing even with the minimal amount can do. But the fact that people won’t prioritize bitcoin because they think it will only add to their financial pressures if ever it won’t work, so probably the reason why people come to procrastinate accumulating bitcoin. Procrastination is just another sort of alibi, when you don’t have the good vibes to invest in the first place.

This is the struggle most people are facing, of course everyone wants to have btc for future upkeep but not everyone can afford it. Those with very low income are finding it difficult the most. Btc is worth keeping but as it is, many can not afford to buy a decent amount of it. As the years passes and the price keeps going up the more difficult it will be to buy.

However, in order not to miss out on future gains, it is important to try and buy even a small amount so I agree, we should struggle to buy btc now before it becomes too expensive.

That's true. I am a student and also do some freelancing, At the beginning, I also have the regret of that "I have not that big fund for investment what to do". But after spending sometimes on crypto world, I have understood that since I don't have much technical analysis knowledge of trading, it will be very stupid for me to do short term trading with big fund. And so I thought as a student I should make small funds weekly or monthly bitcoin investments. I have been doing this since last year. I invest an affordable part of my signature payment and other's income in Bitcoin every month. And I want to hold these funds for long-term, like it can be the next two halving periods or more.

I agree with your statement, and you have given very good advice. It is true that we have to struggle and sacrifice now to lead our next life beautifully and properly. But low income families cannot fulfill their dreams. But yes, people can make their wildest wishes come true if they want to. All you need is some intelligence and hard work. Then we will succeed in saving only by this continuous filling.

You talk about cutting unnecessary costs; I found this in my heart and gave myself a lot of courage. The writing seems to match my current real life situation. Because I give an example: ever since I learned about Bitcoin, I always wanted to invest in it. Although it took me a considerable amount of money to invest in Bitcoin, at some point I got frustrated and regretted it. I have been in the crypto world for a few months and came to know about Bitcoin, which I had never heard of before. So I felt that I was too late to know, understand and learn.
But now I have mastered a lot and am trying hard enough to invest in Bitcoin. For which I became somewhat frugal, suppressing my ambition. I don't go shopping unless I absolutely have to, stop eating in the afternoon, stop hanging out with friends, try to visit as many destinations as possible and take care of myself so I don't get sick (not to mention there's more).
It did me no harm, but saved myself from much bad expense. I almost managed to save some money, small enough to invest in Bitcoin, but I'm happy. I will patiently increase my investment by investing in Bitcoin using the DCA method. I don't know what fate has in store for next time, but I hope for something better.
I know it's been a long and hard time, but right now this pain is temporary and will help me smooth the way forward.

I wonder why some people should feel regret later for not investing in Bitcoin when they knew they didn't have the money to invest early on at early they knows about. It's those who were aware of Bitcoin and had the funds but chose not to invest when it was introduced to them who might ultimately regret their decision. They had the opportunity but didn't seize it, and hindsight might make them wish they had. However, for individuals like myself, who have concrete reasons for not investing investing at term I know about Bitcoin, regret may not be as likely.It's about understanding our circumstances and making decisions based on what's feasible and sensible for us personally. While some may rue missed opportunities, others find solace in knowing they made choices aligned with their circumstances and priorities.


Unnecessary spending is very common nowadays, and people are not just doing it because they need those things but also because they want to show off to their friends around them that they have money. honestly, I can't just imagine some people spending unnecessary money on things and easily forgetting about their future and investing in good things like Bitcoin to have future backups.
 
As for students, it is not that easy for them to have savings during their term in school because of the challenges they always face, like buying books and others like that. The only set of students I think can have savings are those whose parents are rich, and they are given enough money to take care of themselves. It is not always easy for many students because some of them are the ones sponsoring themselves at the university level, especially in Africa.

Good advice, but it seems that it is really not easy to do because of many factors as we already know, but I think that even if they have a certain amount of money, even large will not get results if they do not have the ability in their field. because in my opinion knowledge is the most important and most reliable capital in any field, yes sometimes money is also a reference but still knowledge is the most possible.
So, even if we don't have enough money, it's possible to succeed in this field with strong determination and scientific discipline.

I'll quote this post that I liked from another thread.


As you can see, we are the people on the forum who make up only one percent. And here, talking about the importance of investing and designing your future sounds like banality, since everyone understands this very well.
But there is another part of people who are not familiar with Bitcoin or who do not have enough correct knowledge about the benefits and possible prospects of investing. And these people will benefit from such motivational posts.
Our task is to slowly and patiently, but without imposing, educate people about what the OP said could be their bright future.

Hearing the words Investing in Bitcoin is of course now familiar to everyone because of internet access and many people are starting to know about Bitcoin investment, but unfortunately not everyone who wants to invest in BTC will invest in BTC because they don't have much money. of course for costs and daily living needs.

but I agree with what you say because of course, even though we have little capital, of course we can invest in BTC by buying BTC in installments, even though the amount is not much, but of course knowledge must be prioritized first and of course we must be prepared for the risks posed by BTC. .

Yes, by trying to invest a little in BTC it will certainly make us understand what it's like to be a BTC investor and of course we will learn from experience and if we already have experience of course we can conclude about the difficulties and joys of investing in BTC and one day when we have it With large capital, of course we will be able to make decisions.

Those who come from low-income countries do not start investing in bitcoin because they prioritize meeting their daily needs. They still have difficulty meeting their daily needs so they don't think about starting to invest.
Maybe they need to calculate all their income and expenses, and then they will see how much money they still have to invest in Bitcoin. But they still have difficulty meeting their daily needs so they can't think about other things.
We can't blame those who don't want to start investing in bitcoin because investing in bitcoin is each person's choice. And those who have started investing in bitcoinmust be able to continue doing so regularly until they can get big profits from it.

This piece is more like an advice and I do welcome it because to me inasmuch as one can provide for the most primary thing of life which is food then there is no way someone can not scrap out some money no matter how small it is and invest it for the future even if you couldn't acquire as much as you would have invested but it is important to start from somewhere because every journey in life begins with a step and in life we keep on taking risks no matter the circumstances that's involved by so doing one would actually be making a way to achieve greater results in life.

Even without a job some people have been living and managing their selves not to talk more of having an opportunity to get a job and you begin to say your income is too low for you to invest then how about those days you had no job were they not coping with it? It is good to make Hay when the sun is shining and stop being doubtful and procrastinating as opportunities occurs rarely so whenever we see one we have to utilize it properly so that we can also relate to the younger generation how we were able to conquer poverty and became successful investors.

We don't need to have a huge fund to start investing rather we can start whenever we are ready and already have proper knowledge to keep our bitcoins secured and know the preventive measures against scammers. when you have all of this, then you are ready to spend the amount you can afford to lose and add more later since bitcoins are not restricted to big investments rather small amounts with consistency will do whenever you have some money to spend on buying them.

What should I actually say?  Those from middle class families understand what real life is?  Why they struggle so much then they live life.  I really wish that I can earn a lot of money from Bitcoin and run my family well and relieve my family of all these sorrows.  But I don't have money to invite Bitcoin.  If I had the money or the money to invest that amount, I would definitely buy it in Bitcoin because Bitcoin is a very good buy right now.  Today there are many like me who are children of middle class families.  Due to lack of money, he could not invest and he could not establish his own business.  But inshaAllah I will be successful one day I am coming towards success InshaAllah I will be successful.

I have met many people who wish they have invested in Bitcoin but at the same time are sceptical about investing in Bitcoin. In 2016 I was suggesting to many people in my relative-hood and friends to invest in Bitcoin because this currency is going to grow because of its unique possibilities, p2p transaction ability, blockchain technology and etc but no one was taking my words seriously, all of them were telling me that Bitcoin is a scam project, a pyramid that would fall soon and everyone will lose their money.
Now I tell them again to invest before it's too late and their response is it's already high and will fall soon. Years go and I can't still convince people that Bitcoin is not a scam and is one of the best currency for investment but they prefer to save dollars.

Personally I have always been trying to invest as much in Bitcoins as possible. For example, I would say no to holiday, fun and alcohol with friends and would invest that money in Bitcoin because my approach this - I can buy 1 beer today but if I save it in bitcoin, one year later I'll be able to buy 5.

Investing in Bitcoin can be a struggle for people who are trying to make ends meet. Of course, it requires a source of income because Bitcoin is unstable, and you can't just rely on profits from passive income if you invest in it. But DCA can be useful to invest regularly a small, affordable amount.
When it's hard, I think it's worth to work on the attitude and let go of regret. Regret isn't productive, it just makes you feel worse, even when you did nothing wrong. Regretting not investing in Bitcoin due to difficult financial circumstances doesn't make much sense to me.

In the midst of increasingly difficult human life, the ability to minimize expenditure that is not needed so that income and expenditure can be balanced. Financial difficulties will prevent anyone from investing because they have difficulty getting money. The solution is to avoid excessive spending and increasing income by working elsewhere so that we can set aside money to get involved in Bitcoin investment. In this way a person can reach the stage of financial freedom through aspects that are prioritized and this method is considered much easier even though the approach to purchases is slightly smaller.

No problem involved in small investments and most importantly can continue to consistently collect. DCA is still a good strategy because everyone can adjust the purchase responsibly with a stable. This level of consistency is what needs to be encouraged so that in the long run the amount of Bitcoin ownership can increase by itself.

This is an opportunity one shouldn't miss bitcoin is increasing and the bull market is not far from us, it will be of good decision if we can plan hodl bitcoin for the future because it going to be really profitable.  This is the season that one must hodl bitcoin because after now it will take sometime to participate in the bull market again.  This should be an opportunity that one needs not to miss because it is something that is hard to forget not hodling for the bull market.

There are other people on the other side of the scale. Those who have free funds and can afford to invest in bitcoin, but have doubts and watch the market from the outside, having never tried it.

I don't even know which is worse. I think both options are bad, because they don't allow you to purchase bitcoin.

Penny by penny saved from unnecessary expenses can be gradually accumulated bitcoin. I don’t think this will make you rich, because investments from that kind of money don’t look impressive, but in the long term it’s still better than not having an bitcoin at all.

With the right desire, funds, even small ones, can always be found. Be it students or schoolchildren. Money received for part-time jobs or gifts may be more profitable to invest in bitcoin than for momentary entertainment and various junk.

If I were to offer my top pieces of financial advice, I'd say first take a good, hard look at what's coming in and whats going back out.  Trim some of the fat where you can - the morning lattes, the streaming services you never watch etc.  Putting even a small bit of spending on a diet can free up extra money you didn't realize you had. 

Once you've opened up some wiggle room, start setting aside cash in an emergency fund and  doesn't need to be invested or accumulating interest really - just there for a rainy day when life hands you a big unexpected expense.  Having this cushion means you don't panic-sell assets at a huge loss.  Been there myself too many times.

With your spare cash put away for a safety net, then you can start investing ongoing excess income into longer-term growth vehicles like Bitcoin.  It stings less watching market swings when your rent isn't relying on it.

Obviously easier said than done to reinvent financial habits.  But keeping the focus on building up cash reserves before investing has served me well over the years.  Few things suck more than losing money you need to keep the lights on.  The boring stuff like budgeting and saving comes first.

Investing in the market is a good source.  Bitcoin is increasing in price day by day if something can be held from now on.  Then you will get a good profit at one time.  The price of bitcoin will not decrease and will continue to increase day by day.  One day Bitcoin will become a popular coin.  It will be prevalent everywhere.  So some students buy bitcoins.  Then their future is bright.

The bitter truths

1. If you are not making any money, don't look into Bitcoin investment or any other investments, they are not meant for someone like you.

2. Make sure you are comfortable enough, after you get a job or a source of income, make sure you can eat well, pay your bills and have spare money enough for investment, or else you will keep your eyes fixed on the Bitcoin value every day or else you overreact when price dump.

The easier and comfy your DCA is, the more you will be able to hold for a long term, have less expectations on price and take profit only what Bitcoin have skyrocket, in those times, people around you will start talking about Bitcoin, wanting to buy, simply because the price have made a new all time high, for you, it's the best time to take profit.