Topic: Weekly income should keep bitcoin investment! (Read 896 times)

It doesn't necessary matter when and how much of Bitcoin one is buying, either weekly or monthly what is must important is that you are buying Bitcoin based on and within your financial discretion, there are those that receive money on monthly basis and of course they may  find much of the comfortable buying Bitcoin at the end of the month and this doesn't make them less in their Bitcoin accumulation journey especially if they can become consistent, understanding your income flow and the best way it can be maximize by good funds allocations on your living expenses, investments and a provisional emergency funds which is also very important.

Due to the volatility of Bitcoin price its dumping or pumping can be very fast and investors should keep their tongues wet in buying regularly in any price trend. It is great that it will cross $100k so quickly it has created more expectations among every investor and I am hopeful that we will continue to get new ATHs in the coming days. In my opinion, during this time of pumping, it is better to keep accumulating Bitcoin in DCA strategy than investing in lump sums so that in the long term a % of the income is added every week or month and the holding increases over time. Yes an investor should try to continue accumulating Bitcoin through discretionary income so that there is no regret during dumping and at that time try to increase the Bitcoin holding through single buying.

I think at this point I will try not to use the word " invest an amount you can afford to lose" because I see nothing like loss in Bitcoin because the price can either go up or down, choosing to keep using the word invest with spare money is what I think is more important to me right now. So happy to have made this prediction of Bitcoin hitting before the end of December and today I have witnessed 103k as the current price as at when this post was written, I hope people sees more reason to keep believing that Bitcoin is the surest way to finance freedom cause I will always believe.

Of course Bitcoin is a very volatile asset and has a great potential which it has been proven. The ups and downs are the features I mean they are things that define Bitcoin anyone who invested in Bitcoin some years ago will of course have return but the return will or is dependent of figure of Bitcoin they hold for these past years. I am sure there are people who didn't invest much even when they have money and opportunity but because they don't believe in Bitcoin back then. Lastly, using $10 out of $40 to invest every week is not a bad idea or thing per say that is if you are comfortable with it and if it is convenient for you although you are going to end up accumulating a very little of Bitcoin at the end of the month ($40) worth of Bitcoin.

people who have a better chance to invest in Bitcoin these people who is in this community earning bitcoin through signature campaigns, but you will see many of them they are not investing in Bitcoin why there are receiving payment through Bitcoin in bitcoin talk so most people who invest in Bitcoin mostly is people who have the passion and they use their service or hard earn money to invest in Bitcoin because they know exactly what is going to be there benefit when bitcoin increases according to their expectation in Bitcoin so that is why you will see many people who is receiving bitcoin free in bitcoin talk but they don't have a Bitcoin in their wallet as investment

Without a job or a steady source of income, investing in Bitcoin will be futile. There are no quick profits here; it requires patience and waiting. If people succeed in applying the appropriate strategy that adapts to their life requirements and needs and save part of their money in Bitcoin regularly while taking advantage of price dips,, it can be highly rewarding as the price of Bitcoin appreciates in the future.. This strategy will be effective with the accumulation of Bitcoin purchases and without looking at withdrawing and selling it before achieving the desired return goal and without selling at a loss.

Therefore, those who plan to follow this approach must accept that the funds they have placed in Bitcoin are completely dispensable and will not be needed over time as they need to focus on Capital Management, consider risk, and avoid greed. Bitcoin has exceeded the market value of silver, Aramco and Meta and received tremendous support and interest after Trump's victory, and achieved a New ATH of $93K. We must know that it is a promising investment full of profiits for those who know how to deal with it.

$10 worth of investment weekly for someone that is doing a DCA method is not bad so long as you maintain the consistency you are sure of have a total of $480 in a year. Yes the DCA method and every other method requires consistency and this means you should get a job or business that will keep your weekly investment going it must not be a weekly pay job or a daily pay job but if it's a job that you are giving an allowance as you are working you can achieve your goals and you will have a good investment plan.

Investing an amount you can afford to lose is the right advice to give, but at the same time, I don't think there is any amount anyone is willing to lose that will not affect them.
 
That being said, if one can protect their holdings very well, I will say they should invest what they can stay without for a long period of time and not just what they can afford to lose. As you have highlighted in your last line of comment, holding fiat is risky of being affected by inflation.

Well said, Before someone decides to invest in Bitcoin you have to be sure of what you are about to do, Bitcoin is a very good investment that brings profit but we can't jump into it because of profit alone, you need to understand what is Bitcoin is about and you need to know you can do to survive even when you invest in Bitcoin, earning $40 a week doesn't mean that you are capable of investing in Bitcoin, the first thing you suppose to look about your weekly earning is that are you satisfied with the amount you earn?

Some people earn more than $40 a week but they are not capable of investing in Bitcoin and it is because of how things look these days, the economy is hard and things are so expensive that you can't afford them before you think of investing in Bitcoin make sure your life is a balance or you should try to invest with the amount that you can afford, buy Bitcoin with any amount that even when you buy it you will not feel of selling it when you have a problem.

This is first rule to follow for people want to invest since if they put high hopes and spend everything they have then they are one step to get broke if everything falls apart.

Investment posses risk so we should never have this gambler mindset where we put everything hoping to gain huge in return. Even if bitcoin is a good deal still we need to take precaution taking investment decision with this coin since price is so volatile and it takes good knowledge to understand on how it moves also what's best investment strategy we could able to use to increase our chance to earn with bitcoin.

The most important aspect of succeeding in your DCA method is to have a steady source of income, meaning that the method is not for jobless people. Then you have to consider your basic responsibilities whether your profit or salary can cater for it before considering DCA method to accumulate Bitcoin. If your income can not take care of your primary needs like food, rent and recurring expenses like light bills and transportation to work, then DCA method is not for you yet. If you can meet these primary needs, have a little something aside for emergency funds, then DCA can work for you. Determining how much you will use for accumulating Bitcoin either weekly or monthly depends on what remains after these basic expenses are taken care of.

You're right, we're still on the same point here. The point is, invest in an amount you can afford to lose, no matter what it is. Not to belittle bitcoin for being skeptical, but simply to control your real-world finances to have a more organized life. Moreover, Bitcoin itself has proven for decades that it is the best instrument in supporting financial freedom and avoiding inflation that occurs in FIAT.

Yes investing a bunch of $10 per week will not be a bad idea because you are gradually investing on Bitcoin with DCA strategy. However, all this can be done if one is a working class type or have a profitable business that he or she does that can earn him or her money weekly. Actually, in most places, it's hard to see a job that can pay you per week or per hour. Most of the workers are being paid monthly and some of the salaries can not maintain $10×4 in a month when invested on Bitcoin.

In essence I think what he's saying about investing with the amount any one can let go is because of the price movement of Bitcoin, it is not advisable for anyone to use all their life savings to invest in Bitcoin this does not mean that Bitcoin will disappoint you no this is important because the price may not be what you expect to see and to avoid panic and fear people are advised to invest with spare money and also don't depend solely on Bitcoin investment so that they will not regret when the price doesn't go up as expected.

The price of Bitcoin may have increased with time and since the declaration of Trump as the winner of US election there has been a massive increase in the price of Bitcoin thereby seeing Bitcoin move down 65k to 90k, the price is expected to hit 100k before the end of December but this is just the price prediction it may increase or go down with time.

What you are saying is money management, of course money management is needed in any investment, not specifically for crypto. Allocating even 80% of your weekly/monthly income to bitcoin investment will not be a problem if you can live with the remaining 20%. Look at the price of bitcoin now, it is up than a few days ago. Proving that investing in bitcoin is definitely profitable (especially in the long term).

Truly understand what you feel now since its really good to acquire more bitcoin knowing that great days comes ahead with bitcoin especially that this has been brought up in the mainstream, also as we know that Trump is in good relation with this coin.

This current pump is little snapshot on what's going to happen in future and I'm excited to take part of those bitcoiner then frequently buy when there's available funds to spend for my investment.

But if there's a dump will happen then automatically it will be a nice opportunity to buy again since this is what we supposed to do especially if we aim to engage for long term on bitcoin.

In as much as we believe or know that Bitcoin is a promising coin or asset we should also be careful and mindful of the percentage we ought to use in investing so that we don't panic later or say bad about Bitcoin. Allocating more than half of your weekly or monthly income for Bitcoin investment is not actually encouraging or advisable neither is bad but what I'm saying in essence is that always use what you can afford to let go and while investing ensure to keep your reserve and emergency fund which is very necessary because it will help you scale through some unforseen circumstances and lastly discipline, patient and consistency is the key to a successful...

Taking off  $10 from weekly $40 pay would have been o be determined by your risk management level. I would rather prefer to invest with $5 and make room for an emergency funds savings with $5, it still leaves me with $30 either way but in this case there's a hedge as emergency funds which would help make the investor not to prematurely tamper with his portfolio in the long run should there be circumstances that is beyond the solution of $30. 

Provided it's DCAing method of accumulation, the investor doesn't necessarily have to deduct a large percentage sum from his income. What's important isn't in the amount deducted for the weekly or monthly DCAing, but let it be something within our risk gage which we can tolerate.

Well, I wished I had some extra cash to buy enough stash of BTC before we got into the bull. currently, we can see how the market is just riding without even a significant retracement.. investing in BTC has been the best decision I have made in years now, it's actually nice to be among those whom can at least call them selfs a Bitcoiner and during the period of bulls also be happy that Im one.. I'll advice anyone who still wish to buy Bitcoin to try and buy in a lower level.. with the way price is moving we can't tell when it will sell back to any lower levels.. if you want to buy, you can use DCA or wait for a dip, which is more advicible now...

Investors who are following the DCA method tend to deposit Bitcoins regardless of price and should continue depositing uninterrupted regardless of price pumping or dumping. By this method an investor is given a portion of income called discretionary income making him interested in continuing to save continuously. By depositing Bitcoins with DCA method you can reduce investment risk and Bitcoins grow slowly.

I also agree with you.Everyone who has invested in Bitcoin has got very good returns in the long term investment field. The price is likely to increase further in the future. Currently, Bitcoin has a huge presence in the cryptocurrency market. It would be wise not to stop investing but to invest some portion of the income even if it is very small as the investment will grow gradually and it will also reduce the financial risk.

I think the transaction fees for buying bitcoin for $10 will be a burden. $1-2 fees will be 10-20% of your investment. Wouldn't that be a waste? It would be better to first save up to $50-100 and then invest.

You can, of course, use exchangers like bnance and in general, storing such insignificant amounts on them is also acceptable. But the withdrawal fees are still not comforting (in relation to the $10 investment).

In addition to money for investments, it is necessary to have money/sources of money for everyday needs, as well as a reserve for emergency situations.

Not necessarily a loss of money, but even a temporary "freeze" in cryptocurrencies, which at current prices will be unprofitable to "extract" from investments. That's why it's better to hold on to the last 10 bucks for a burger, instead of buying bitcoin.

Any investment should only be made with excess money (be it $10 or $100).

Even you know that I am not saying that the low earners don't deserve to invest in bitcoin but what I meant is that investing low amounts will return low profits.
Basically what I am saying is that we won't be able to achieve financial freedom with such amounts.
This is mostly for people who do have spare money but are reluctant to invest in bitcoin.
For low earners, I would advice them to invest whatever they can, as you say no amount of money is small and I believe that something is better than nothing.

Investment must be done carefully and strategically, that means investment capital must be separated from your individual and family financial source for regular spending and emergencies.

If you can have such capital, you can think of investment because you will have stronger hands of holding your investment position for a long time. With Bitcoin, it means a lot, if you can hold, you can be rich with bitcoin in your portfolio.

If you invest with unstable capital that needs to spend daily, regularly like monthly for utility bills, and for emergencies, you will always live in fear that some day there will be urgent need and you will have to sell your bitcoin at loss.

If one does not need to support the family i.e. there is some other source to support the family then of course he can invest a certain part of his weekly or monthly salary in Bitcoin. However, before investing, there are several investment precautions that must be known, otherwise the investor may be disappointed if the market declines after investing.

What about people that don't have that quantity of spare money to keep aside for investing, are you trying to say they don't deserve to invest in Bitcoin. What I think is, no amount of money is small and we should be investing base on our risk tolerance.

You can always save up that money and invest when you have a better quantity of dollars or any currency that you're using to invest without having to lose all your money to fees (network and exchange service fees).

No doubt $10 is small but for someone that earns less than $100 weekly, that's a big sacrifice that you're doing and one day it's going to be worth it. $10 multiply by 4 weeks that's $40, that's big in some currency like mine.

Assuming you can stay consistent for some months, in 10 months, that's $400 that you have invested and with that you can get a better profits when Bitcoin increases.

It's much fine since the financial burden of the family is not placed on that individual. If it does, their weekly budget for feeding will be affected, making them run out of bills on time because they are investing more than what will hold them for the week, in running their feeding and emergency bills.

Investing in Bitcoin is what an individual should highly think of ways to go about it. Not because they were told it would give them a long-term profit, they now choose to invest more than the amount they would use to sustain themselves for the week, choosing to have unsettled bills every week, which is very bad.

More bearable than monthly investment only when a person receives their income weekly, monthly income requires a monthly plan so it actually depends on an investor choice. I usually measure investing using percentage because it’s more easy and comfortable for investors, $10 every week times a month is approximately $40 and it’s pretty nice because investing need a comfortable environment. For anyone who can go beyond should invest beyond $10 because just $10 can’t keep a good record but as time goes meanwhile $40 income per week is still low especially when involving much plans. Financial risk should be considered as the major factor when investing not just bitcoin investment but generally, a good management plan can help in terms of risk management.

This is sounding like DCA on Bitcoin which has always been the ideal way of investing especially for those who are earning weekly, talk about the world economy getting better by a certain time like you have mentioned by 2025, is something we cannot be sure about because we can't tell currently what the economy may look like by then and the possible circumstances that may arise then.

For every $10 DCA done every week till the end of the year, if followed judiciously to the complete 52 weeks, that will be a whooping $520 which could be of help to the investor with which they can do something else with.

I don't want to discourage anyone but I really don't think that investing $10 a week will reduce our financial risk.
If that was just for an example then it might sound okay but otherwise I would recommend investing at least few hundred dollars every week to have a decent stack of bitcoins to contribute towards our financial freedom along with other assets.

It's good to invest but don't put your health at risk because you're investing for the future. If the "present" isn't well taken care of, who will look after the future? I said health in the sense that what will be set aside for weekly paycheck  is likely not going to be enough. I don't know your nationality but I can tell you that $30 weekly won't do much for anyone in today's reality.

Having a fixed amount of money is not a bad idea, but I am not always completely in support of ideas like that. Investing on a weekly or monthly basis is really good, but we are not supposed to fix a particular amount in which we will be investing, we are not supposed to suffer ourselves just because we want to make an investment, we should invest at our convenience, and we should have a fixed amount of money which we will be investing, if we know it’s not going to be easy for us.
 
We might be having problems in some months, and after solving those problems, we will be left with just a little amount of money. Sometimes we are not even supposed to invest in months like that, or we are supposed to invest just a little amount of money, but we shouldn’t force ourselves to invest a particular amount monthly or weekly.

Honestly investment in Bitcoin should done strictly based on your income flow and how much of the disposal  discretional income which is also referred to as cash left over after ensuring that whatever that is considered to be a basic needs are taken care of, my point is that different individuals can have different income flow and also that of the disposal income hence, one should invest in a way that will suits them based on the income flow and the disposal readily available for investment, it doesn't matter it is monthly or weekly the most important thing is that you are investing at your comfort.

That means, we can invests $40 per month so that will be good for him to have Bitcoin investment. The thing is that we know how much we can allocates our money to invest in Bitcoin. We don't have to use more money if that will not works good for us because we must remember that we have many things to fills.

By manages our source of income, we can have a chance to make a profit from Bitcoin investment like others. If we can have a chance to earns more money, we can add more money that we can use to invests in Bitcoin so we will have the opportunities to buy more Bitcoin.

To achieve that kind of range of budget for a weekly market price, at least $ 500$ to 1k USD and just a 10 - 20 percent of leverage you are willing to risk of course it depends on your capital if you will make a risk with the futures, but if you are going to deal with that with spot possible with the range of 500$ to gain with the 10-40$ per week but again consider if the market is going for another uptrend you might not get that range of profit only with the holdings or instead with the basic concept of buy and sell with the market volatility.

Having a portion of $40 per week and investing $10 worth of bitcoin will not reduce financial risk but rather adding more risk expecially when we have an epileptic financial system. bitcoin is a risky investment, so we must figure out a way of solving the problem of financial epilepsy sothat we can be able to be financially stable and invest the amount we don't need any moment on bitcoin, than using the amount you need urgently to  build a good financial balance to invest in bitcoin and hoping that you are free from financial risk why you have already risked your finances in the cost of negligence. Why we invest in bitcoin is to HODl for a long time before we can make profit in the future not a quick money recovery system.

Bitcoin is undeniably one of the best and most profitable investments being noted. And with that, you’re lucky if you have been riding the hype with bitcoin, most particularly if you certainly take some risk to invest on it. Investing could be quite risky most especially that it pertains to a very unpredictable kind of investment but if you are wise enough to invest only what you are comfortable of losing, you will surely gain vast amount of profits in the end. Patience and persistency are the keys. If you can’t have that, don’t bother to enter bitcoin investment.

What matters is knowing your account and your limits. Not everyone has the opportunity to have a weekly income; some people have monthly incomes, while others receive theirs bi-weekly. In all of this, what matters is try to create a regular investment pattern and stick to it.

Then, have a percentage of your income that is comfortable for you to invest, which you will not easily think of withdrawing, even when you have basic needs to handle. You should have spare cash with you that you can touch, other than looking for the money you invested in Bitcoin. Because if you invest more than you can hodl, and you know you don't have enough for emergencies, you might become frustrated when you can't liquidate your Bitcoin investments easily.

So, you must invest what you can afford to live without for a long time and keep your spare cash in accounts that you can easily access when emergencies arise. Then, with time, you can increase your investment. But importantly,  invest wisely in Bitcoin and invest to hodl, not to be restless.

Yeah, I guess @OP get baited by self pro claimed financial motivator who encourage people to invest in order to achieve financial freedom. However, it's highly unrealistic to invest small amount money can achieve financial freedom, instead of investing, better for someone to invest in their brain to increase the probability to earn more.

Investing with small amount money is like invest for fun, only to understand how it works and the experience.

Might be good if you have lots of extra funds to spend since everything will be surely in right place with that aspects. But if they are not earning good enough funds and just invest those extra amount they have then better they need to be more careful upon deciding to accumulate and don't push their selves to put some money in bitcoin since maybe they would start to get a problem if they are out of funds to use for other important matters.

So with this settle up their finances first before thinking about investing in bitcoin since we are dealing with long term with this coin and good fund management is important here.

It is good to be aggressive when investing into Bitcoin but is not by over doing it in such a way that it will affect your personal living if there is another source of income apart from that $40 weekly pay I will advise not to use $10 for into your  Bitcoin investment so that you may not be tempted to sell out your Bitcoin hodling when emergency arose I will advise to invest $5 and also Bitcoin investment is not all about investing 25% of your weekly payment, you also need to set aside your emergency, reserve, and float fund readily available also make sure your discretionary income is also made available so you won't run out lost by selling out when it is not due.

Well, you are right. There's a bad and a good way of investment ofcourse. But I am a type of human who isn't actually bent by a particular way of doing things.
I have a type of believe that goes thus;
Don't think much about your life;
When you are seek, you go meet the doctor;
When the medication fails you die;
And that is the right way of life.
Invest, when you are at the tight corner, sell your investment and bail yourself. Then you can start investing again and life goes one.

Before you invest in bitcoin you should remember the risk that is attached to it, and also you should look at your expenses before investing. You should not invest and come be suffering looking for financial help when the market is down now.

You may think investing $10 from $40 is a nice idea and will be something easy to do, but seriously, not as you think, not everyone will be able to do that. Many people have been wishing to invest but cannot take the risk in the investment. Invest what you can afford to lose. If you want to invest weekly, DCA should be the best method you could use. 

If he has no emergency funds in place, he can be building it up gradually along side his investment, so that when any emergency arises in the future he wont have to depend on his portfolio. His level of aggressiveness is not bad, it is in a moderate level. The 25% is really sustainable. It could also be that he is still a young man who still depends on his parents to have some of his needs met. Even if he doesn't depend on his parents for some of his needs he can still sustain the investment. Someone investing $10 from his pay of $40 is playing safe enough. The only thing he has to do is to make sure he have other sources of income. He shouldn't just depend on the pay he is getting from signature campaign.

OP, the way you talk about investing can be called the DCA method. Actually you mentioned investing 25% of weekly salary, now not everyone can afford to lose that amount. We know the Bitcoin market is volatile, so don't invest more than you can afford to lose. Now everyone earns on a weekly basis? Many earn monthly income. Now you said market will be good in 2025, should not invest in that perspective. We should always plan to hold Bitcoin for a long time and have the ability to hold it for a long time. If you can hold Bitcoin for a long time then you can definitely profit. Finally try to invest what you can afford to lose.

I'm quite curious on how you knew that the global economy will be good next year. I mean I would love to see it happening, but right now, there are no signs that it will happen.

Anyway, your advice or whatever advice anybody is sharing here is highly appreciated and I always believe that these types of advice can still help at least 1 or 2 newbies out there that wants to learn. As for what you've said OP, I've been doing this on a monthly basis but unfortunately, financial problem struck me at least for most of this year hence, I didn't invest into Bitcoin in some months. As for reducing financial risk, yes, it's possible, but still, we need to have financial literacy that would help us along the way so that we will reduce our chances of losing. Investing right away without proper knowledge into Bitcoin will lead to losses. I've seen many of them, and I hope no one will experience the same.

Just to add, if we all have spare money that we aren't using or at least we are spending it into something that it isn't important to us then maybe... just maybe we can put it into investing not only on Bitcoin, but maybe on other asset classes as well.

I agree with the weekly Bitcoin deposit strategy. This method of depositing Bitcoin can be very effective for people with relatively low incomes, which can be a great combination with a long-term deposit strategy. Through previous Bitcoin market analysis, we can see that it was through price volatility that it was able to reach today's extraordinary heights, which is benefiting every long-term investor. If you adopt a weekly Bitcoin deposit strategy and if it tends to run multiple cycles of 4-10 years, it can take you to a point where you can be very high in proportion to your low income.

Op You should remember that short term strategies are more likely to not be profitable for you through investing so you should not plan to invest until 2025 but rather make up your mind to deposit Bitcoin for more than two cycles so that there is a bright possibility of getting high profits with high stash.

Investment in Bitcoin is promising to give better ROI than keep your money in bank account or in bank saving with very low interest rate. Therefore using part of your income, after reserve main income part for other necessary spending will be wise individual financial management.

I would like to note one big similarity between keeping your fund in a bank account and in a centralized exchange account. If you do this, you don't control your fund because both commercial banks and centralized exchanges never give you private keys to access your fund. You must get their approvals for fund withdrawals so investment in Bitcoin is good, but not enough.

Make sure you store bitcoin in non custodial wallets with good back up methods and several usable backups.

[Guide] How to back up a seed phrase?

That amount is a little big in a country like mine; in fact, if converted to my local currency, it’s above our minimum wage earning that weekly can be considered a big amount even as the price of things is on the higher level.
 
As long as that’s what they can earn for the main time, I also support the motion of investing that little. If the OP can cope with the balance of $30 weekly, if he or she removes the $10, it’s better to invest it in bitcoin than save it in a bank account. 

You’ve a very good point and it is indisputable that bitcoin will give a a lot of financial returns in the future when invested in early. 2025 will soon be upon us and a lot of anticipation has been hovering around on what bitcoin will tend to achieve in this coming year. The bitcoin cycle is incomplete without the bull run happening and as we’re yet to witness it and already at the end of the year, next year is most anticipated for bitcoin to have very big returns for early investors. Bitcoin can be invested into at anytime and a lot of people still hope they’d hop in before we even came close to this bull cycle. But nevertheless, it’s not too late.


You may be right in this but not totally right. This will still depend on your expenditure that you’re using the money for. If the $40 per week is not enough to cover for that expenditure, it’s not advisable to spare some parts in bitcoin investment. When investing in bitcoin, it’s very important not to overly depend on one source only to keep those spare money into bitcoin. Anything can happen and when they stop coming and you need money for expenses, you’ll be tempted to touch from your bitcoin investment which will definitely obstruct the plan of keeping it for the long term before spending them at a profitable range.

$40 weekly income and investing $10 is about 25% which might be too big for some investors especially those newly joining the industry.

25% mightn't be too big for some investors but considering you're earning only $40 and there's no extra source that you get money from, don't do more than 10% so you always have money for taking care of other necessity.

You don't necessary have to invest well as you can en saving the money up untill oy gets to am amount that you can sue to buy Bitcoin and hodl. While we talk about investing, we should also consider having emergency funds available at all time or our investment will all be a waste as we won't allow them to matured but sell them prematurely because of cash problems that we didn't expect.

This step is indeed better than making a purchase once once every two months or as MSTR does, especially for people who have weekly income, even when I work to get a monthly salary I always divide investment funds within one month into 4 parts , for purchasing every week and to this day it is very safer.
In the conclusion, the conclusion is not how much you keep money in Bitcoin, but how routine we keep money in Bitcoin, it is more productive, especially for people whose salaries are still general standards.

You can save part of your income ($10 per $40, means 25% of your income) for investment in Bitcoin. But one thing to note, with $10 weekly you can not invest it directly every week because $10 is too small capital and it is like a minimal buy order value on many exchanges. Even they allow you to set up a buy order with $10, I recommend you to do it every 4 weeks, monthly investment, with $40 each month. This will help you to save more from trading fee and withdrawal fee from centralized exchange account to your non custodial wallet.

For example: Trading fee and withdrawal fee, min withdrawal on Binance exchange.
https://www.binance.com/en/fee/trading
https://www.binance.com/en/fee/cryptoFee

$40 monthly DCA last 3 years. I choose last 3 years for example of a DCA investment starts in a bear market to show you a good ROI of this investment method and if you can hold through bearish years.
https://dcabtc.com?sd=2021-10-27&sda=3_years&f=monthly&d=3_years&ac=4000&c=false

Definitely not a problem, but it's not effective.

If you only invest $10 per week and you're believe you will get $10K after 5 years, it looks unrealistic. You're need to get a job that pays more than $40 per month, if you earn $100 per month, you can invest $60, the more you make, the more you invest.

Investing doesn't make you rich if you not earn much.

It would be helpful if someone has a fixed amount of money they can invest in Bitcoin on a weekly or monthly basis, depending on when they get paid. This fixed amount should be money that, once invested, will not affect them negatively in any way. If someone feels that their income whether wages or salary is not sustainable enough to meet their basic needs, it is better not to have a fixed amount dedicated to Bitcoin investment. Otherwise, they may end up selling it later, possibly at a loss due to Bitcoin’s volatile nature, because they need the money.It is always better to remain cautious and avoid investing in Bitcoin when we know we are struggling to support ourselves financially. I have seen people who, despite their financial struggles, try to be strategic by investing. However, within a short period, they end up selling it because they are not financially stable; it’s as if they are using money meant for the short term.

Needs are indeed an obstacle for a maxi to have as much bitcoin as possible, it makes someone who believes in bitcoin have to cancel their crazy intentions. But as long as it continues to accumulate, even if it is 5%, 10%, 15% or whatever percentage of income, i think it will not be a problem. One day it will be multiplied from FIAT's side, it's just a matter of time.

Investing in bitcoin should start with a limited investment like op said $10 dollar which is very small amount if an investor can start and keep depositing it can increase his chances of getting a lot of profit in future. Those who have invested in Bitcoin in the past are much more lucky and more fortunate than those who have holdings from 5-10 years ago still intact and if they can hold until 2025 or $100k then they have the potential to make huge profits. more.

Others are taking this literally about the amount. It's not the amount but the consistency of doing the DCA strategy which he's right with.

Twice a year or not, as long as you're trying your best to add some BTC on your stack. You are doing better than of those that don't.

Investors who actually invested on Bitcoin long ago especially when it was formally disregarded where only ahead of todays investors with the difference that they were able to acquire large quantities of Bitcoin with little amounts of money as a matter of fact... Bitcoin was of less valued and low consensus then it was earlier introduced.

Time after time as it began to gain valuable shape so enthusiasts gets attracted of its adaptions grows increasingly despite the higher increase of its value getting it more expensive to be acquired unlike before due to Bitcoin potentials valuable advancements.

Perhaps enthusiasts who have find it uneasy to acquire their Bitcoin for future assets has adapted to gradually purchasing of their Bitcoin holding using the DCA strategies to maximize their assets.

well, it's not as though he's going to luck it 100% in the first place and never touch it again once he invests. If along the line he can't cope with his investment, it's not a do or die affair, you can always exit though you might be selling at loss for lack of proper planning.

25% is quite high for a beginner who's earning the range of $40 per month.  By the time you've spent $10 on Bitcoin, the rest won't stand to serve all your needs. For someone in this class, it's going to be hard for him to set out a portion for emergency fund because his earning isn't enough to meet most of his needs. There's always the option of trying to build your financial ability first off before building your Bitcoin portfolio. If you've worked on getting income streams that's enough to meet up your needs and also remain some excess funds, you can comfortably use up to that 25% or above as your Bitcoin investment allocation.

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.

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.

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.

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.

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.

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 exactly; if your source of income is low, you can be taking some part to be investing in Bitcoin through DCA method. This method will help you to get some good fractions of Bitcoin without undergoing financial instability since the money you will be taking out for that investment will be your savings which will not be part of your upkeep or any money your are supposed to use for your daily expenses to avoid selling at lost.
The DCA method is suitable for all type of investors because you can buy at anytime.

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.

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.

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.

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.

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.

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.


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.

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.

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.

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.

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.

Learning about Bitcoin wallets, understanding importance of non custodial wallets, open sourced and mastering how to back up wallet private key, mnemonic seed are very important for a safe start. A safe start means reducing risk of losing a wallet, get a hack, and fund stolen for a Bitcoin newbie.

Next is stay humble and keep your investment in secret. It increases privacy and safety for your Bitcoin fund and your life too. Risk to be kidnapped, killed as physical attacks is not too small if you are noisy about your investment in Bitcoin.

• How to back up a seed phrase?
• Restoring your standard wallet from seed.
• Physical attacks
  
  • https://github.com/demining/Physical-Bitcoin-Attacks
  • https://github.com/jlopp/physical-bitcoin-attacks

If you'd started back when Bitcoin was cheap, say, around 2015, and invested weekly, by this year, you’d be looking at an average profit of around $120,000, or even more at today’s price. While it’s clearly profitable, timing plays a big role. To see significant gains, you’d likely need to increase your investment, but that really depends on your comfort with risk and your satisfaction level. My advice? Diversify. Managing risk is key to making any investment worthwhile.

It is not wise for someone who is earning $40 per week to invest $10 weekly in bitcoin. If someone who is earning $40 per week follows this advice, it will be an aggressive buy, and he is also overdoing it, and it might take him off the game, partially or permanently. If you want to invest in bitcoin, use the money you will not need for like 4-10 years or more, so that you can be able to sort out your daily expenses without depending on your bitcoin investment to solve them. You should invest in bitcoin in a way you will enjoy your life. For instance, if you are married, don't allow bitcoin investment to stop you from not fulfilling your fatherly duties to your children or stop you from not taking your wife on vacation to strengthen your relationships.

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.

25% of one's income sounds too high indeed, especially in these modern times when credit has become a common practice and people have become accustomed to living beyond their means.

But the decision suggested by the OP, like many others, depends on the personal financial situation. It can be a good strategy not only for those who have no debt to pay and are able to save more than that 25% every month, but also for those who are used to spend that money on consumer goods and other dispensable vices, if they manage to get through without them.

If I had to choose, I'd honestly prefer to be more minimalist and invest in Bitcoin for a (who knows) dear life, than to be a consumerist in debt with no illusions of the future.

That’s the essence of invest what you can afford to lose. Setting aside 25% of your income might feel high, especially if you’re not making that much. But ultimately, it’s up to each of us how much risk we’re comfortable with, if you really believe in Bitcoin, going all-in could make sense, even if it’s not typically advised.

A lot of early buyers are reaping the rewards now, but what happened to HODL? It’s totally fine to sell and cash out a bit, but keeping some Bitcoin as a long-term hold could be your safety net. Think of it as an investment for the future, especially if we ever face serious inflation.

In addition to the saying "invest only what you can afford to lose", I would add something else very important "invest in such a way that you cannot lose what you have invested in". What I want to say is that every plan, no matter how good it is, can have a bad ending if we don't understand that investing in BTC is risky not only because of volatility, but also because of the possibility of being hacked (remotely) or robbed in a physical attack.

Therefore, in the first place, ensure adequate storage, and then be smart and keep your mouth shut and do not tell anyone what you have invested in - that way you have the best chance that nothing bad will happen to you.

These plan is good but you also need to think about other things like if there's sudden emergency situation happen so instead of separating only some amount intended for your bitcoin investment spend also some funds for emergency funds. Since this would provably save us for unwanted situation and we can assure that our investment well be protected if we know  how to manage well our finances.

We should know that its not all about investment but also how to protect ourselves from any potential problems so try to think about creating good plans since this will provably determine our success in future. Bitcoin investment is no doubt one of the best we should take, but we need to acknowledge the risk to know to do counter action if we face those unwanted situations.

It will be good to do proper planning before using the DCA method in investing in Bitcoin. You should consider if $30 will be enough for you to pay your bills and set aside emergency funds. This is important because some investors have forcefully liquidated their investments because they had an unexpected need. Also, take note that you shouldn't expect to make a fortune with a $10 weekly investment if you intend to sell it by next year. My advice is that you consider DCAing for another four years and sell it in the next bull run.       

It is difficult to start a real investment with $10 per week, so it is better to invest monthly so that you can reduce the withdrawal fees to a minimum. Investing in Bitcoin at the present time may be profitable, but if you have money that you do not need, invest it all, otherwise 10% of your income is enough, especially if your income is very low.

You said well, but I think if you live in a village, or where financial luxury dares you to invest more than half of your income. Suppose you live with your family in a splendid environment, the basic needs of the family are food, clothing, housing, medical and education, in that case maybe 25% investment in Bitcoin is fine, I think.

Using the past to say what will happen in future is very risky, it can be correct or inaccurate. Despite of good growth history, Bitcoin is a volatile asset and invest in Bitcoin contains somewhat risky for your capital.

Future market cycles will be different than past cycles, like less ROIs or even we can reach to cycle that a new cycle will only enough to bring Bitcoin back to all time high of a previous cycle. Or we will come to a time like a new all time high will only be made after 2 cycles, it's about future with lot of uncertainty.

If you can make savings from your income, rather than save it in banks, you can invest it in Bitcoin. It's good investment strategy as Dollar Cost Averaging weekly and it can help you in long run.

https://dcabtc.com/
https://costavg.com/

Well as long that $10 is not a burden on your part then go. The thinf about investment mindset is, only put money you dont need for your every day used. Cause theres a chance that your dca or weekly buying could on downside, market never promise gain when you do this so you should also consider the chance of losing your money not just the good part of profit.

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? Is your job even stable? If you lose it, will you be able to survive for several months looking for a new one while keeping your portfolio intact?

I hope you've carefully weighed the possibilities before you decided on this. There are some who are too hot, too eager to jump into the bandwagon only to end up frustrated after waiting for months or years to make a good profit. They're mostly the ones who will sell at a loss.

There's no doubt that bitcoin has stood the test of time in the market, even if bitcoin goes through a long bear, it will rise again sometime & even make new ATH from time to time. Allocating part of your weekly or monthly income will be a good plan to create a good financial portfolio in the future, from your post i found the value of 25% of income to be invested in bitcoin. You know, i even allocate more than half of my weekly or monthly income only for bitcoin. Because i believe bitcoin can help me in the future.

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.