It is true that there is no minimum amount of money to invest and an investor can invest any amount of money he wants. Although the amount to be invested is not fixed, there are some types of investment. You invest minimum 10 to 15 dollars and by investing this 10 to 15 dollars you keep it for five to seven years then will this 10 to 15 dollars give you any profit? Yes profit will definitely give but you will not understand which part is profit and which part is your capital.  

If an investor thinks he will invest on a weekly or monthly basis then he must invest consistently. We know that if an investor invests consistently, the amount of investment will be huge.  

A year of fifty-two weeks and if an investor regularly invests $15 every week, his investment amount at the end of the year will be $780, the investor. If he has a long-term investment plan invests continuously for six years, his total investment amount will be $4680. That is to say, imagine how long-term thinking about something will amount to. If you are investing according to DCA method and if your plan is till 2030 then my suggestion for you is to invest consistently.

2017 is now the past for us so there is no point in regretting the big opportunities we missed in 2017. Maybe then we didn't have such a good idea about holding the investment for a long time, so come 2024, we are still regretting 2017, but now we have enough understanding about the benefits of holding the investment for a long time, so we must use this idea.  

In 2024 we regret the opportunity we missed in 2017 but in 2030 we need to make decisions now so that we don't regret 2024 again. Then the price of bitcoin was $1000 but now the price of bitcoin is $45K, now the price of bitcoin is $45K in 2030 the price of bitcoin may be $300K, so we should take the decision now.  
One should invest in Bitcoin now and hold it deeply if one can afford it.

That's a cool way to put it, but I think I will narrow this down to the fact of seriousness or commitment because some poor folks that lack these virtue can also fail to hold, being poor isn't actually a motive for them to hold for long and being rich doesn't make you reluctant to hold for long, but I totally understand your point though but Micheal saylor is one rich fuck that have continued buying and stacking Bitcoin despite the fact that he has lots of money and Bitcoin also. Although like JJG was implying the order reluctancy tend to be more on rich fellows but a share portion of these poor folks too are lazy when they lack the sight to see a prosperous future in keeping or continually buying and holding Bitcoin.

There is also a possibility that the rich investor who has the money to invest at once and don't bother investing for the next 20 years can still has more Bitcoin in his portfolio than the poor investor who is invest 20 dollars every week.  If a rich investor spend $500k and buy Bitcoin at once, someone buying at $20 every week for 20 years won't have same holding as that of the Rich man. Yes consistency in accumulating is good if you have the time and money. Also buying at once and don't bother buying again is also good. What matters is the size of Bitcoin you bought at once and your holding duration and the target you want to achieve.

Buying in lump sum can also be good for the short term investment as to those who finds it necessary, maybe a period of 2 years. Imagine those who bought Bitcoin when the price was down as $15k and checking out the current price now that is already enough profit, now holding for a minimum of 2 years this is a blown up investment.


In terms of who would hold Bitcoin much longer comparing both the rich guy and poor guy, it may be from personal decisions on holding that long but i think the rich dude will hold longer as he has all he needs and with the knowledge of Bitcoin altering his investment wouldn't matter to him cause he has many more to comply for his needs. The rich mindset in terms of investment are just too professional, they build the mentality of longer term investment than a shorter one.
A poor guy is faced mainly with certain challenges which at a point it becomes an option to sell, yes its compulsory that we must sell when due even the rich guy would sell but in terms of a poor man it may occur precisely the urgency to sell of his portfolio not because he wants to but just that a need arise which his emergency funds would not be of good help to him. In terms of commitment the poor guy will be more committed in investing than the rich guy because he knows how hard it is to raise such money to carry out his DCA.

One of my neighbors is a brother working in the company, and the Job tenure is nearing its end. But he could not deposit any money, a small amount was deposited in the bank. Due to increasing corruption within the country, the condition of the bank is very deplorable. And he withdrew the money from the bank, and came to me asking for some kind of wisdom as to what he was going to do with the money. But I have been familiar with Bitcoin for about 1½ years, so I presented him with some information about Bitcoin. 
The benefits of Bitcoin investment are several times higher than the bank, and if Bitcoin can be invested for a long time, it will be possible to own more Bitcoins in the future. Given such advice and he agreed to invest in Bitcoin. I bought him the first bitcoin for $42.5k. And after some time came to see the profit share. And I made it clear to him that if you are able to invest in DCA method then you will never expect any benefit, because it will continue this investment until your job is over. This Bitcoin will come in handy in your old age and he introduced a powerful Bitcoin Trezor wallet, where Bitcoins will be stored.

You should probably use the word bitcoin somewhere in your discussion, and if you are suggesting that a lot of people are confused and distracted by ideas of "crypto" there are better ways of saying that and making sure that you use the word bitcoin in your discussion, especially since this thread is about bitcoin.. and sure from time to time, we might contrast shitcoins with bitcoin or to suggest to stay away from shitcoins and tradings, but we still need to put our words in some kind of a proper context and actually use the word bitcoin so that people are better able to know what we are talking about.


Whether we are aggressive or not, I presume that you are saying that we are doing this kind of investing in regards to bitcoin, so if you don't use the word bitcoin, it can get confusing regarding what you are talking about..


Sure it is important to tailorize our investment into bitcoin in accordance with our own particular circumstances, and surely we cannot really know what is going to happen in the future, so we can size our investment into bitcoin in accordance with how much we might consider is a reasonable amount, and that might not even mean that we need to be very aggressive, especially if we are just getting started, so we might feel that we know even less than someone who has been studying the bitcoin space for a while, so in that context, we might have a budget in which we could invest $100 per week into bitcoin, but instead we choose to start out with $10 or maybe $50 per week into bitcoin, while we are studying it and figuring out at what point we might be willing to move our amount up to something like $100 per week, if we might have had already decided that $100 per week might be within our possible budget.


If you are investing until the next ATH and you have ONLY accumulated $522 based on $48+ per week, then you are not investing "for the long haul", as you mentioned.  On the other hand, if you invest at $48+ per week for the next 4-10 years or more, then maybe somewhere down the line your claim of investing "for the long haul" might have some truth to it.. Otherwise, not even your words are matching up with long term intentions rather than just seeming to want to ride this possible short-to-medium term wave.


You are looking at the wrong data.

Sure newbies get in and out but so fucking what.

Longer term bitcoiners are not selling at these prices...and most of the coins are not moving.  Seems that the pressures are generally up even if you fear various down periods or you fear that the BTC price is not going up fast enough or in enough of a direct line for you.


Sure DCA is a strong technique to build resilience, but even folks who are DCA'ing can get scared out f their coins.. .. but yeah generally speaking we have a lot of UP, since mid-October from $26k/$27k until $45/$46k and without too many corrections.. but does not even mean that corrections won't happen, and the mere fact that selling starts to take place, that can sometimes be pushed by those trying to get the price to go down, and it is not always clear if they will be successful or if buy pressure has sufficiently kept up with the UPward price movement.

We cannot necessarily know short term, which should be part of the reason to either HODL 4-10 years or more.. or perhaps to accumulate for 4-10 years or more and then decide after accumulating for 4-10 years or more what you are going to do.. because you could be accumulating for 4-10 years or more and then after 10 years or more years, then start your holding period at that time for another 4-10 years or more...

How much you need to accumulate depends on how new you are to investing, and if you are brand new to investing, you probably would not have good chances of getting to fuck you status in 10-15 years, even if you had been aggressively investing the whole time and even though surely it could be possible, but you are trying to get to entry level fuck you status, you likely would need to get to 20-30 years worth of income built up in your investment, so maybe even if you were aggressively investing into bitcoin, you maybe could get to  1 to 2 years of investment into bitcoin in 3-5 years, if you were investing 30% or so of your income, but that may well be too much for many folks (especially newbies) to be able to put togethert a system in which they are able to be that level of aggressive without over doing it..


We cannot completely generalize, but there are cases in which poor people pass up rich people because they are more motivated, and the rich will sometimes take their richness for granted, so they end up not being as smart as the poor man who becomes good with building his capital.  Sure the cards might be stacked against the poor person, but sometimes they are able to catch up and to get ahead based on persistence and being strategic with his capital.

Sure sometimes the world is so unfair that the poor person will not be able to catch up to the rich who might even employ inferior techniques because there are a lot of advantages with starting out rich. and some of it is financial and other parts would be having access to social capital and other advantages, but the poor person would just need to try to do his best under the circumstances, and sometimes the poor will resort to crime or to shitcoins because they consider the regular system to be too stacked against them, and none of us can make those kinds of decisions for others, even though surely something like bitcoin does offer some opportunities for traditional poor folks to be able to catch up to the rich who are not giving enough credit to bitcoin and not accumulating or maintaining a stash of bitcoin.


We are quite likely going through the largest wealth transfer in history, so there are going to be some who are on the receiving side and others on the losing side, and even though bitcoin is likely going to increase the size of the pie, the ones who enter into bitcoin earlier are likely going to be unfairly advantaged over those who enter later, yet everyone will likely still prosper from the overall system, even though some will prosper more than others. 

So I personally imagine that those who know about bitcoin have to also act upon their knowledge, and so those who know about bitcoin and are acting somewhat aggressive in their BTC accumulation, then they are likely going to get rewarded for that... and sure, if you are already part of the status quo rich, you may well not need to act as aggressively as compared to a poor person, but we even have status quo rich people like michael saylor  (as @Jaycoinz also mentioned) who are engaging in pretty damned aggressive behaviors in regards to his own personal accumulation (and his company's accumulation) of bitcoin, so that does drive the price up for the poor people to be able to get BTC at cheaper prices and to be able to front run the other status quo rich folks, institutions and governments..  .. but yeah, even a brand new bitcoiner, cannot go back in time and he has to decide how aggressive he wants to be right now. and likely he would be better off to act sooner rather than later to begin his bitcoin accumulation journey because it can take a while to stack sats... and even could take longer if you wait an the BTC price ends up going up rather than down or sideways.


Yep there is variations of level of aggressiveness, persistence and even smart applications within the rich and within the poor too... but the point still stands that there are going to be a lot of variety of people, and some of them are going to advantage more than others in terms of our likely ongoing greatest wealth transfer in history, and the level of their advantage will likely come from both their knowledge of BTC, but also their acting upon such knowledge, with probably the acting part to be the most important aspect.  It is not going to do as much good to just watch bitcoin from the sidelines without actually investing into it... but hey people can do what they like, and mostly what people still are doing is watching from the sidelines, even when they claim to know about dee cornz.  But those of us who are active in this thread are likely not those who are watching from the sidelines, and there are a good number of us who are acting to stack sats and/or to maintain our stacks if we had already been stacking a decently enough long time.


Let's flesh this out a wee bit moar better, so that the person investing over 20 years is also investing $500k or even investing $1million, he likely is not going to catch up to the person who invested $500k right now. 

So think about it.  Someone has $500k and buys right around 11.5 BTC (at $43,500 per BTC). 

A person who invests $500 per week would invest right around $25,000 per year, $250k in 10 years and $500k in 20 years.

Even if we double that to $1k per week, which would be $50k per year, $500k in 10 years and $1 million in 20 years.   

Even though we don't know for sure, I doubt that the DCA person at either $500 per week or $1k per week is going to accumulate as much BTC as the person who invested $500k today at $43,500... and we are not going to know for 20 years, but that would be my speculation in regards to the comparison.  Of course, the $1k per week person would have better chances than the $500 per week person, but I still have my doubts about their ability to catch the lump sum investor.

And, yes, we mentioned that part of the dilemma remains that the person who is DCA'ing cannot come up with $500k now or even $1million, but over 20 years, he may well be able to invest either of those amounts without even close to as much pressure.

By the way, I am not even suggesting that it would even be any kind of goal to get richer than various rich people that you know, because it does not really even matter that much if someone either stays rich while you struggle to catch up, but  I would still consider the main point is to be figuring out ways to make your life and your options better based on your own circumstances as they are now and how you might work on your own conditions to be in the future.

The problem is, many investors are still hesitant to invest until they see the price already soaring high. That's their turning point to engage themselves and join the ride even it's already risky since we know it can go downward unexpectedly. Thus if you are a type of investor waiting for recovery before buying, it's not a mistake since that's your strategy BUT it's not wise because the ideal time to buy is during dip.

Bear season that passed is long enough to accumulate, fill our bags and wait. If you didn't buy during those times because you are afraid to lose your capital or don't have strong belief about the future, then expect that you are still one of those who missed again the opportunity to be a huge gainer in the future. So don't wait for the price to rise before buying.

You did well, if all you said was what you told him and what you help him to achieve, but hope you also made him to understand that bitcoin is a volatile asset which no one should expect profit all the time, the market can be against the investor, sometimes too it can favor the investor, you still need to tell him that he should investor in others things not shot on per say but other asset that can generate earnings for him so that he wouldn't think about touching his bitcoin investment in a short run, if possible, I don't know if his old, he can also look for a job that will help him to meet up with his immediate needs, since he has purchase bitcoin already, he should be knowledgeable enough to be in the system, this is my take on this.

If someone is hesitant to take risk then they will never get rewards even financially but the risk they are taking should also be calculated not just completely blatant. Even we know bitcoin is going to be big, the conservative approach is invest a part of your savings in bitcoin, remaining into other assets as well that will fulfil the criteria of don't put all eggs in one basket. Which may take more time to accumulate wealth with the diversification strategy but it gives us leverage to past the hard time if one of the asset invest isn't doing good because it can be compensated with the profits made from others.