Topic: Weekly income should keep bitcoin investment! - page 4. (Read 891 times)
I have a small business and I keep a small portion of the profit from that business to invest in Bitcoin after the monthly calculation. But I try to support my family as well as make some investment in Bitcoin but if not every month I try to invest in Bitcoin at least twice a year.
~snip~
Let go this way;Will it be better that you invest what you are able to lose without touch your bitcoin until it is time to cash out
OR
It is fine you invest the 25%, and when there's some emergency or need, you can withdraw your bitcoin and solve the problem. Such problems might even not arise at all.
I don't think that bitcoin investment is just untouchable even when there's a problem. If OP can go 25%, it's fine, you never can tell how they'll scale through. But incase there's need, they can sell a portion of their investment. Such is life.
Well, to each his own. But I don't think investment or risking money in real life is as simple as "if we lose, we lose" or if an emergency suddenly arises, "withdraw your bitcoin and solve the problem".
My brother himself sold Bitcoin in 2018 at around $3,000-$4,000 because he badly needed the money and he didn't cash out when it hit the ATH at $20,000 around a year earlier. He couldn't anymore risk the possibility that the price could fall further before cashing out. So he sold at a price less than 20% of the ATH, a mere 5% at today's price. I don't think you can simply dismiss that as "such is life". Surely, there was a better approach and he missed it.
I don't agree reducing investment of hard-earned money as a mere trial and error thing. There's a bad and good way of investing. And one has to choose the good way because you aren't just effortlessly picking up money. Money represents your time, energy, effort, creativity, and so on.
Find a way to increase your weekly, with inflation that won't cover much of your expenses but in third world countries that might be enough for a single person.
But I am not going to discourage people that will do that because I have been there and it's totally okay to invest with any amount to Bitcoin that you can afford and that's the best strategy that one can ever do.
But I am not going to discourage people that will do that because I have been there and it's totally okay to invest with any amount to Bitcoin that you can afford and that's the best strategy that one can ever do.
Thread title is kinda different from OP. Weekly income should keep Bitcoin investment and the OP is about portion of it. I think the title should be portion of weekly income should keep in Bitcoin investment. After reading the title, I immediately thought that your weekly income should be spent to invest on Bitcoin although there's nothing wrong with investing in Bitcoin but if you don't left something for yourself especially if you have family then you'll be in big trouble. Each of us have different ideas on how much money from their weekly income they want to invest.
Yes you can make good profit, but if you have a portion of income per week like $40 per week you can invest $10 in bitcoins. This will reduce your financial risk which is much more bearable than months.
Whenever I receive money weekly, I don’t have a specific amount that I do use to invest, my investment amount is always determined by the problem that I am facing at that particular moment. After receiving my weekly money, sometimes I do invest more, sometimes I do invest less, and sometimes I don’t even invest. If I don’t have much problem, then I will make sure the amount which I will be investing will be high, and whenever I have problems to solve, I do invest less or I don’t even invest. We shouldn’t do things that’s going to affect us just because we already have a fixed amount we're planning to be investing.
Yes you can make good profit, but if you have a portion of income per week like $40 per week you can invest $10 in bitcoins. This will reduce your financial risk which is much more bearable than months.
DCA is not for everyone, especially for low income earners like the example you have given above. With just $10 weekly, one may not even get enough ROI he would be boastful of when bitcoin price appreciates. Chances are high that he may even miss out on profit opportunities and we doubt his ability of being consistent. Again, with that small amount and having to invest something every week, transactions costs is still an added cost that may not be favorable to the investor.
DCA is actually a good opportunity for many who do not want to miss out on the opportunities that comes with investing in bitcoin, but, a person with an unstable source of income or very little weekly or monthly income should focus more on increasing his income so he can comfortably invest in bitcoin which ever way he may choose.
We have seen various Bitcoin market systems in the past which despite being very volatile, Bitcoin continues to move forward with its momentum. Despite the various ups and downs of the market system, Bitcoin continues to walk the cryptocurrency world in an unforgettable way day after day. Those who have invested in Bitcoin in the past are likely to get good returns as the global economy is expected to be good in 2025.
Yes you can make good profit, but if you have a portion of income per week like $40 per week you can invest $10 in bitcoins. This will reduce your financial risk which is much more bearable than months.
That's DCA and we're always telling everyone to do that if they can. Not all of the folks can do that for some important matters but it's a nice reminder to give everyone that it's not too late to accumulate and the ones that are consistently DCAing are also going to get a good share of the bull run soon. There's no late accumulation and just do it whenever are able to so that anyone isn't going to miss any of the opportunities that we're going to see for this cycle of bull run. Yes you can make good profit, but if you have a portion of income per week like $40 per week you can invest $10 in bitcoins. This will reduce your financial risk which is much more bearable than months.
Yes you can make good profit, but if you have a portion of income per week like $40 per week you can invest $10 in bitcoins. This will reduce your financial risk which is much more bearable than months.
The DCA method is suitable for all type of investors because you can buy at anytime.
We have seen various Bitcoin market systems in the past which despite being very volatile, Bitcoin continues to move forward with its momentum. Despite the various ups and downs of the market system, Bitcoin continues to walk the cryptocurrency world in an unforgettable way day after day. Those who have invested in Bitcoin in the past are likely to get good returns as the global economy is expected to be good in 2025.
Early adopt Bitcoin are very luck because they were opportune to buy Bitcoin at a very low price, and some of them still hold their Bitcoin even though some have soled theirs in the past, but it is not too late because we are having higher expectations about Bitcoin price movement soon in the nearest future.Quote
Yes you can make good profit, but if you have a portion of income per week like $40 per week you can invest $10 in bitcoins. This will reduce your financial risk which is much more bearable than months.
The method of buying Bitcoin with small amount of money from time to time is called the DCA method. It is the best method that help people with less source of income to accumulate Big on in batches at any price and they will be profitable letter. 
Think twice about it. Is 25% of your weekly income an amount you can afford to lose? If you proceed with this plan and an emergency suddenly arises, would you not be forced to liquidate your Bitcoin profitable or otherwise?
Let go this way;Will it be better that you invest what you are able to lose without touch your bitcoin until it is time to cash out
OR
It is fine you invest the 25%, and when there's some emergency or need, you can withdraw your bitcoin and solve the problem. Such problems might even not arise at all.
I don't think that bitcoin investment is just untouchable even when there's a problem. If OP can go 25%, it's fine, you never can tell how they'll scale through. But incase there's need, they can sell a portion of their investment. Such is life.
$10 per Week is a very little amount to invest but I can see not everyone's income isn't same. If you are actually earning $40 per week, you should not worry about investing in Bitcoin and instead investing in your daily needs. But who am I to tell you? Every investyment is investment, no matter the quantity. Good luck with that. 
Yes of course $10 is quite small and investment for bitcoin, however that's not the problem, the issue here is how much the profit will be. Literally someone hodling around 4 digits in bitcoin or course would notice a few additional tens or maximum of close to a hundred dollars where there is a noticeable and nice bull movement in bitcoin price depending on how much you are holding.On the other hand, if someone should hold just a couple tens of dollar in bitcoin, when price moves he'll most likely see just a couple cents in addition to what he had before the progression in price. The fact is many persons who HODL smaller amounts of bitcoin are actually combating the effect of inflation compared to whales who get bigger profits from hodling a short term. Small scale hodling is best when you plan on hodling for long term.
It is possible that you yourself, without knowing it, have now described a very common strategy for investing DCA. This strategy can bring big profits in the long run, but if you urgently need money and you have to sell BTC, it can bring you a loss.
This is a very important point. Someone making small investments in Bitcoin shouldn't be expecting quick profits which is usually something found in newbie investors, they would think they might start making profits quickly if they start making investments but the amount of profit a person can earn in the short run will largely depend on their investment capital which means that in principle, you can't expect to get $2 in profit in a week after investing $10 even though it can happen but it doesn't all the time.
DCAing into Bitcoin, either weekly, bi-weekly, or monthly, can be profitable in the long run if the investor can afford to keep investing and holding the assets for a long time without having to sell them in the middle for an emergency or something. This is why we should only invest money that we won't need soon to hold our assets as long as we want to maximize the returns on our investment.
Altcoins are a better option for short-term profits, but newbies must be careful when investing in altcoins since they are way riskier than Bitcoin in general.
Yes you can make good profit, but if you have a portion of income per week like $40 per week you can invest $10 in bitcoins.
Even though bitcoin has recorded good improvements since it's invention till now and we are still anticipating to see more positive results in the near future but we should invest at a time we find more convenient without being in distress due to some compounded responsibilities that awaits us. $10 might look like a fair amount to invest weekly but it depends on the responsibility of the investor that can tell if they can be comfortable investing $10 out of $40 they make weekly.
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This will reduce your financial risk which is much more bearable than months.
Financial risks can only be reduced when there is a good financial system but due to inflation has made it difficult to reduce financial risks since the higher you earn, the higher you spend and the cost and standard of living have become so difficult such that at some point you will have plans to own an investment but might end up using the money to attend to sudden needs.
We have seen various Bitcoin market systems in the past which despite being very volatile, Bitcoin continues to move forward with its momentum. Despite the various ups and downs of the market system, Bitcoin continues to walk the cryptocurrency world in an unforgettable way day after day. Those who have invested in Bitcoin in the past are likely to get good returns as the global economy is expected to be good in 2025.
Investing in BTC is the best way to invest. From what I've seen, I've seen very few losses from investing in BTC because no one has ever suffered a loss by investing in such stable coins.Currently BTC seems to be in a fairly good position and it is making new ATH from time to time. That is why I invite new investors to invest in DCA method because it is reliable. You said that it would definitely not be difficult for an investor to invest a small portion of their income into BTC. Because he can invest 20% to 25% of his income, it will not affect him in any way. But if one invests in bitcoin then he is definitely continuing with a good investment from here he will get good profit in future.
Someone who make $40 can't even afford about investing at all, concept is really matter though so let's say you're suggesting 25% should go for Bitcoin investment every pay day which I agree but as said it lot depends on their financial needs and if someone who is studying and make money from part time job that has no purpose other than spending for personal needs then the person can invest the maximum amount either in Bitcoin or in just anything that has potential to grow. But someone who has responsibility to feed the family has to think about fulfilling those before thinking about future.
$10 per Week is a very little amount to invest but I can see not everyone's income isn't same. If you are actually earning $40 per week, you should not worry about investing in Bitcoin and instead investing in your daily needs. But who am I to tell you? Every investyment is investment, no matter the quantity. Good luck with that.
No offense, but if I were you, I will choose to invest in myself instead of investing in Bitcoin.
$160 per month is small, I know we can start to invest as small as possible, but for me investing in asset should be when you don't know what you should do with your money instead of hand it to banks.
It's better to save some of your money for emergency needs and then buy course or train yourself in order to get more income.
$160 per month is small, I know we can start to invest as small as possible, but for me investing in asset should be when you don't know what you should do with your money instead of hand it to banks.
It's better to save some of your money for emergency needs and then buy course or train yourself in order to get more income.
Those who have already invested in Bitcoin a long time ago have a big chance to make a big profit in the next ATH. They saved their money in Bitcoin while other people doubt Bitcoin but they don't stop it. They already see how Bitcoin performed a long time ago and believe that Bitcoin investment will give them a big profit.
If you earn income, you should invest a portion of it in Bitcoin. Whether if your salary is weekly or monthly, you can continue investing in Bitcoin. It is better to start with little money than never so you will have a chance to grow your money from Bitcoin investment.
Many people invest their money in Bitcoin with various amounts and still do that until now. Investing in Bitcoin is like saving your money in your bank but you have full control over your money.
If you earn income, you should invest a portion of it in Bitcoin. Whether if your salary is weekly or monthly, you can continue investing in Bitcoin. It is better to start with little money than never so you will have a chance to grow your money from Bitcoin investment.
Many people invest their money in Bitcoin with various amounts and still do that until now. Investing in Bitcoin is like saving your money in your bank but you have full control over your money.
We have seen various Bitcoin market systems in the past which despite being very volatile, Bitcoin continues to move forward with its momentum. Despite the various ups and downs of the market system, Bitcoin continues to walk the cryptocurrency world in an unforgettable way day after day. Those who have invested in Bitcoin in the past are likely to get good returns as the global economy is expected to be good in 2025.
Yes you can make good profit, but if you have a portion of income per week like $40 per week you can invest $10 in bitcoins. This will reduce your financial risk which is much more bearable than months.
DCA method is the most effective method and we always recommend every new investor to invest in this method. Investing in Bitcoin for the long term with the DCA method does not involve any kind of risk. As per your thinking if a $40 weekly income person invests $10 in bitcoins every week he can build bitcoin strs without any money worries which will have much future profit potential. But of course he needs to plan for the long term, and build a strong portfolio through regular uninterrupted investments, only then an investor can benefit from it. Yes you can make good profit, but if you have a portion of income per week like $40 per week you can invest $10 in bitcoins. This will reduce your financial risk which is much more bearable than months.
OP, your expression of the word "should" may not please many. In my opinion, you are too idealizing bitcoin, suggesting that people deprive themselves of 25% of their earnings to make a profit in the future (which is not guaranteed). Today, investing in Bitcoin should not look like an obligation. Many things in life are necessary for a normal existence, and if you are obsessed only with investments, and this is exactly what I see in your proposal, you may simply not live to see that happy day that will make you rich. Do not forget to monitor your health, because if you are too thrifty and stingy, all your future wealth will be spent on your treatment.
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