Yes, in this kind of situation where transaction fees are way high, the investor may decide or choose between increasing to an amount he or she is capable of affording or spending within the period we are experiencing high transaction fees such as we have right now and not only tied to buying with $10, we can adjust to suit this kind of situation, take you for instance if you were buying on a week interval you may choose to shift into buying in 2 weeks intervals and combine the two funds to save cost or worst case some can choose to wait for the fees to go down.

It is possible that the person who told the lady is an agent of a company, possibly a Ponzi scheme one since these kind of company often have a fix entry level.  It is a good thing that you are able to intercept this lady from being scammed by a Ponzi company agent.


It is because many people who are interested in investing Bitcoin do not do their own research and are often swayed by companies that exploited Bitcoin.  Like during the time before Bitcoin get popular in my country, there are already some international fraud company that are exploiting the Bitcoin nature and are using Bitcoin as a front to scam people and their entry fee is really high which makes people thinks that investing in Bitcoin really needs a huge amount of money.  It was way back as early as 2015 before our government acknowledge Bitcoin as mode of payment in 2017.

Although the idea of the need of huge capital to invest in Bitcoin has already been debunked for countless times, there are still people who thinks that huge fund is needed to acquire Bitcoin since they are just looking at the price of it as a whole and not how Bitcoin has this divisibility.

In both ways let the investor never run out of income. Whether they invest big or in bits, once there is no income flow. The investment would be as good as not investing at all. Hence, while we set aside money to invest in bitcoin. We need to also make sure that it doesn't affect our earnings or better still look for other means of income. Most people who invest little money in bitcoin, easily go back to spend the money when they need it. Thereby breaching the long term investment agreement that most investors should have in mind while throwing money in bitcoin. I'd say that successful bitcoin investors are successful business men. For instance, micro strategy, invest big money into bitcoin and he's or will succeed in it. Because he's already successful in his field of business. When we are not sure of ourselves financially, that's where the doubt comes to play. Whether to put big or little. In the both category, many didn't maintain their focus, due to life or business challenges that presents them with reasons to sell the coin. Sure, we can start little, but how sure are we that, we'll finish the journey of setting little amount of money, in our control, for 10 - 20 years without spending a dime. That's true spirit of an investor. Why many lose focus, depends on their intentions. Some could be for the profits, but one general reason for financially unstable people is that they have control over the money. They can decide to sell the coin at any given moment. So, whenever they feel threatened by lack of funds they'll run back to their bitcoin and sell in fractions, until it's over. In a nutshell, to achieve this goal, be financially stable first. Then invest.

This is what I like about Bitcoin as a type of investment in this industry, because no matter how much it costs, you can buy it and save little by little until your balance in your wallet grows.

He doesn't have a fixed amount, so you can buy it; instead, you can buy whatever you can, and you can do it in Bitcoin. Then this is the recognized top crypto, or King, or Father of all cryptocurrency, or isn't it great? And this is also the reason why there were altcoins in this business industry as well.

Only those who rush to invest in bitcoin without prior knowledge will decide to buy bitcoin at a full blast, thus buying an amount that you will surely regret once it end up losing. And I have known at lot of these people and end up quitting after experiencing an initial loss with a significant amount. That is why I want to discouraged those people who have no clear mindset about bitcoin, never invest in bitcoin if you want to get rich quick as putting a large amount of capital will never guarantee that your investment will succeed.

Do the DCA instead. Never worry for a small purchase because once you do it consistently, you will still be able to own a huge portfolio of bitcoin in the long run. Just stay patient and timing the market when it offers a big discount on the price of bitcoin.

While I agree with the whole thing about what OP has said but we need to consider the current situation if we're just going to buy with $10, $20 or $50 because of the fees. The highest priority will charge us with $11 or 227 sats/vB and that's a lot for the little investors if that's what they're going to do right now.

I am not discouraging to invest with the little that you have but save that money first and wait until the fees drop off and be back to 1 sat/vB. It's going to take a while but it won't be that long as we wait for it to drop. But it's true that you don't buy the whole thing when investing in Bitcoin because that's the wrong idea of many that sees towards it.

It's not forcing you people to invest on it and buy the 1 Bitcoin and that's why the fractions that you can invest with, just focus there and aim to have at least a few decimals of it if you ever started to like buying and investing bitcoin. This isn't just all about liking it but understanding that it's best to have it during these times because of the inflation, crises, etc.

Thats right. Even with retailers who are lack of funds wanted to have btc they purchased btc with their mightiest buying power. Not all are capable of buying and recently the investment option for everyone tend to point to crypto which means that this industry are reaching them out through a lot of tongues. Adoption is either socially hype or business incorporated.

I agree. One has to start buying the moment they understand Bitcoin. If not for starting to build a Bitcoin portfolio, it's for them to try making Bitcoin transactions. Learning Bitcoin includes learning to receive and send Bitcoin. Creating a wallet, storing backup, getting the public address, and so on are exciting things for somebody who's still in the learning process.

In terms of investing, the advantage of buying in small amounts is that you could have a lower buying price average. And there's also the tendency that once you start buying, you will continue doing it. You couldn't get enough of it. And that's how your portfolio grows. Keeping your money for that perfect time and price could either mean you won't buy anymore because the price has already risen or you have spent your savings on something else.

This does not happen only with Bitcoin. One of the good things that digitalization has brought is a democratization of the ability to acquire financial assets. Today it is possible to acquire investment funds for small amounts as well, or fractions of shares. This means that, together with Bitcoin, which is what we are talking about, people with modest incomes can acquire financial assets to the extent of their possibilities and start on the road to wealth. Let's remember that if you want to get rich what you have to do is to allocate a percentage of your income to acquire assets, perhaps the best being the Bitcoin, and for this, DCA strategies, as mentioned above, are very useful.