Hello there.
A week ago i've turned 21 years old. For the majority of my life i did not have enough funds to actually invest in the future. But today i have received my first "this can buy a little bit more than rent and some shy food" paycheck.
It really isn't much, but it's enough to buy ~$30 worth of BTC every month.
I have researched the blockchain and bitcoin a lot as a technology, but i know relatively nothing about it as an asset (except for what can be derived from what i know about it as a technology – like 21mil coin cap)
The only thing i actually understand about the market is that it's DOOMED to grow in the long run. It's unlikely that if i buy it today, it will never rise in price ever again during my lifetime. If this mindset is flawed please correct me.
Is it worth investing in now, small amounts every now and then? Or is it a bad time for that right now, because of some arbitrary world events? Or maybe there's something better than bitcoin for my use case (small amounts, long term)? I don't really need high returns asap, but don't want the inflation to outpace me too.
Thank you in advance!
is it a good time to start buying BTC?
byu/i_walk_away inBitcoinBeginners
Posted by i_walk_away
2 Comments
honestly, the fact you’re thinking about this at 21 already puts you ahead of most people, if you can do $30 consistently, that’s way more important than timing the “perfect” entry
Yes. Bo what you can every month. It doesent matter if its just 10$, 20$, just do it.