The majority of people nowadays struggle, some more of others but life is tough for everyone, that is for sure. At the same time I see many people that despite the low income decide to spend money in very useless things or products, let's simply think about cigarettes, lottery tickets, brand clothes, streaming services... I'm not saying that people don't deserve to enjoy life but at a certain point, if you want to invest and you're not able to make more money, the only way is to somehow cut the other costs.

If there's any good thing someone has to achieve about their finance/career,or life in general you'll have to work for it and put more effort to achieve it despite how long it will take you.
 Investment is an important criteria to accumulate wealth but some people even with all the money and wealth they've acquired,they find it difficult to to take that bold step.Thats why so many rich people struggle so much to cater for their needs after they've retired.They struggle to take responsibility for bills like house rent,feeding,household maintenance and some other emergencies.I mean it's entirely simple to figure this out,look out for investment platforms like bitcoin,invest as much as you can,but don't invest more than you can afford to lose,set a goal and aim at something productive.

Investing is not something that can be done when people are experiencing economic difficulties and it would be very unfortunate if someone with a low income does not spend their money on the needs they need and prefers to spend their money on things they don't need so they will make things difficult for themselves.

Indeed, there is nothing wrong with them using their income to enjoy every effort they have earned and it would be better if they could restrain themselves from delaying enjoying the income they have and choose to invest for their future. Of course this is very profitable and they can enjoy it after they are successful from the investments they make.

Short term thinking is becoming more and more prevalent as time goes by, even if the research shows very clearly that those that have a long term approach to their lives tend to do way better even among their peers.

But with the economy being so dependent on mindless consumption, it is getting more difficult to convince people that what they are doing may have severe consequences decades down the line, and even if you were able to do it, they will not care anyway, as they will think that since the consequences are so far away they can afford to slack and leave the problem for later.

Invest wisely. Invest only your entertainment money. Never invest your emergency funds or life savings. Read on to know why.

How and why does the price of BTC go up?

It is only because more people buy BTC at higher prices. This is the primary reason. Here is an example. During the aftermath of the pandemic knowing in advance that the US government was handing out 1000s of dollars of free money to all citizens (One-time, direct cash payment of $1,200 per person plus $500 per child.. this is just one scheme.. there were several other relief plans, totalling a massive 2.7 trillion dollars that put free and easy money into the hands of the common man..), Elon Musk, having purchased huge amounts of BTC between the price range of 20K to 30K, made a timely comment on his twitter account which just mentioned BTC. The kind of frenzy it generated among his followers and BTC fans took BTC to 60K and beyond as the bulk of the free money flowed into BTC. Elon Musk who initially said he was not selling but only buying BTC made a financial disclosure that he made a profit of more than 1 Billion USD that quarter through sale of BTC acquired at lower prices.

I am not saying BTC is just a junk asset, the price of which can be pumped up by the collusion of rich people and then dumped on the unwitting common man, who wants to make a quick buck when he jumps in at the peak of the frenzy and is left high and dry at the dizzyingly high price which the frenzy takes it to.

The other things that contribute to BTC's potential price increase are scarcity, anonymity to a certain extent, increasing difficulty in mining (halving events and increasing energy costs), hidden agenda of the mining device manufacturers and pool operators, and most recently the vested interest of Fund managers who have been granted permission to launch Exchange traded funds with BTC as the underlying asset.

The difference between an ETF with a Stock of a prominent company as the underlying asset and BTC as the underlying asset, is that, a stock has a company behind it, capable promoters creating and selling products and services for a profit, with a proper business plan, with mandatory requirements to publish audited quarterly and annual financial results, all of which are monitored by regulatory authorities such as the SEC and its equivalent in different countries.

BTC has none of these. No official address, no great technological or managerial development during the past decade, massive negative effect on the environment due to the huge energy requirement to keep the blockchain functional (energy equivalent of Sweden's Annual Energy consumption), no quarterly reports, no annual general meetings, no annual financial results, nothing.  Yet the SEC has been under pressure to grant permission to such ETFs since the state of the world economy is nothing to write home about and any kind of financial activity that can generate some income for the government in the form of taxes and fees is definitely welcome.

This is the reason the mere news of the announcement by SEC regarding the granting of permission for the launch of the ETFs has not created the kind of frenzy that many expected to happen. In fact it had a negative effect on BTC's price for a short while.

Now those who have launched these ETFs have deep pockets. Hence for them to be successful they have to bring in more and more buyers who will buy into the funds to make the price of the instrument go higher and higher and as a result push the underlying asset's (BTC'S) price go higher and higher.

Buy low. Sell high. Simple rule to make profit. Those who buy low will make profit by selling to those who buy at a higher price. Those who buy at higher prices have to wait for the price to go even higher. There is no other way to make money like a dividend or a bonus share etc. This is why risking bigger amounts on such a shadow pyramid scheme is very risky.

Honestly it's desire of most people from low income earners who knew Bitcoin to invest in it unfortunately the prevailing situation with regards to being paid a living wage that is very difficult to make ends meet wouldn't warrant any diversion of their fund, of course it's very important to take care of pressing needs particularly food, payment of bills etc by the time all those Budget is taken care of nothing is left from salary earned so it would be very difficult to invest in Bitcoin I am talking from personal experience after relating with some close Bitcoin enthusiast, though many of them thinks they needed huge fund to invest, however I had clear that impression i.e they can invest with any amount of fund.

Life sometimes does not live up to expectations, lack of funds due to low income can sometimes lead to a feeling of hopelessness which can make a person lose motivation in life. Giving up is not the solution when they are in a situation like this, they have to do something to change their lives in the future, confidence must always grow within them that they are close to success. Avoiding unnecessary spending can help build finances in the future, this money can be used to invest by applying simple methods such as DCA, this strategy really helps with the discipline of investing the same amount of money every period.

It's easy to invest in Bitcoin because it can be divided into small units (satoshi), to start investing you don't need to invest a lot of money, you can get Bitcoin with an affordable nominal amount of money. Investment decisions made now will have a big impact in the future if they are carried out regularly and consistently.

Investing is considering us preparing our future and I really appreciate those students who think about investing earlier despite of their situation. Indeed, it was a struggle for us to start especially if we only had a small income but if we really care about our future, we should have to do it. Perhaps, it was only hard at the start but in the later part when we already adjusted our spending habits, that seemed too easy. We don't need to make an excuse because we don't have money but instead, we think about how to grow our income so we have an excess money for this.

One thing about Bitcoin is that you don't need a huge capital to start investment rather you can start investing with 10$ weekly or monthly, whichever option suits you. There are many examples available where people keep investing small amount of fiat in Bitcoin and with time that small amount has grown to give good ROI.
Despite the fact that Bitcoin price has gone up to 48k$, investing in bitcoin is still profitable provided you have patience to keep investing for long term.

You're right. If we want to succeed to achieve our dream, we must struggle to make it to come true. No one could succeed if he/she only wait for the miracle, it doesn't make sense. Effort is a must, patience should be needed, and has a strong belief to achieve it someday. If we have struggled with our best, then we may pray to get a luck from the God.

Although Bitcoin has the advantage to make any one be independent to manage their wealth. But it can't bring the advantage optimally if there is no proper way or strategy applying on the Bitcoin investment. That's why we must have good understanding about Bitcoin investment firstly before we decide to join the Bitcoin investment.

If we have a bad condition with our financial, it is better to prioritize the main necessities. Investment is surely not in the priority for people who are experiencing the difficulties in their economic. However, investment sometimes can be the solution to deal with the economic difficulty. If investing is still possible to do, people with limited funds still can do it with smaller amount of money.