Can long-term bitcoin investments help me with startup funds?

I'm diving into a specific field of study and aiming to wrap up my graduation in a few years. After that, the plan is to head to a developed country for further education. But honestly, I have no interest in working for someone else. I want to run my own business, have the freedom to move around, and create job opportunities for others. This has been my dream since I was a kid. I've known about Bitcoin for a while and I've seen plenty of people succeed in it, which got me thinking. So, I decided to start regularly investing in Bitcoin for a few months. Right now, I'm putting in about 20 bucks every week into Bitcoin. Sure, it’s a small amount compared to big investors, but for me, it’s a big deal. I’m cutting back on unnecessary spending and not giving in to temporary wants because I want to build a business someday. Instead of splurging, I’m pouring that money into Bitcoin in hopes that down the line, I can sell my investments for trading capital. I still haven’t nailed down exactly what business I want to start, but I have a few ideas in mind. If my investments pay off and I can manage that cash wisely, I’m definitely going to kick off a business, and I really believe I can make it work. So my question for you all is, if I keep investing this way for the long haul, will it actually lead to enough capital for my business?

Basically every coin in crypto is probability including Bitcoin, it is true that bitcoin has great potential in the future, because its adoption is increasingly widespread and is starting to be recognized from the public to large institutions, this will have an impact on higher prices, but of course this requires patience. I will not give an opinion with the hope that you will get many times the profit from Bitcoin, because it will be difficult with the current price and the current time, but if you are talking about a long-term investment, it is worth a try, wish you luck with it friend .

I do not know from which country you are from but $20 is actually quite big but yeah not as big as you would like probably but still big anyway and you do it every week too. For a student, this seems reasonable and valid. In a year you will be investing $960 in total and I believe this is a quite decent start to an investment and if you can play your cards well this will double and even triple in due time. When it is time to build your business, all the resource doesn't have to come from you alone. You can have partners or sponsors etc. So yeah I think you will be fine. Keep going, mate.

Yes and I like the way you are investing if really your are doing it. As you are investing weekly, there are sometimes, you invest when the price is high and when the price is low and when the price finally above your expectations in the long term investment, the profit itself will double your capital, and all what I will tell you and encourage you is to continue the investment and keep it up. You won't regret and don't be afraid when the price is on the dip. Continue the investment.

Let's say $20 X 4= $80 which means you will be investing at least $80 in Bitcoin each month, this is quite a small amount and it will take you quite a long period to accumulate enough Bitcoin that earns you higher rewards if and when the price move above the amount you bought it, we should be more proactive in our dealing and making sure we hold enough Sat's before expecting life-changing profits. Ops you may likely have to consider other means of raising money to build capital for your future projects and settlement, take bitcoin investment as an alternative investment and not a main investment.

having a long term investment in Bitcoin is usually a very good idea and the proceed gotten from it is one in which you can actually be able to use for different purpose, depending on your actual investment, over time you can get a good percentage in profit that when summed up with you initial investment capital, you are able to realize some good funds to do whatever it is you wish to do with the capital you must have gotten but again the capital you need for the business is another factor to put to consideration and when you actually intend to start off with such business, adding all of that together will determine if bitcoin will be able to give you return on your investment enough for you to be able to achieve that. if your business is one that needs a very huge capital then you may need to invest a good capital in bitcoin so that you don't have to wait all year long to get a good percentage as profit to be able to raise capital for the business except you are looking at a very long term to start up with the business.

I think it will be $20x52 which is $1,040 in my opinion depends on the type of business OP will want to engage and the location for the business, in a developing country, this is definitely a great way to start even if it is not that huge in most countries, for me the question is does OP have an current sustainable income that will help him stay afloat even when his investment doesn’t yields profit early?. What is the duration for this investment because 1 year isn’t a long term to invest into bitcoin and expect any significant gains on it, sometimes the Market can be ranging in one place for close to a year, so the duration for investment for me should be at least four years long, this can help gather more funds and still might get a good return of investment by then. So bitcoin is a great option but the downside shouldn’t be overlooked, OP should think of another way out should this doesn’t work out

Seeking for education is good and even planning to further your education abroad is also a good plan and wanting to live a bossy life such that instead of being an employee you become an employer is also a good thought because it will take you to ideas that will help you actualize your visions. Investing in bitcoin is the best decision anyone can take because it is like a kind of preparing your future for productive things since it will take you a long time to grow your portfolio. Having this reasoning and mentality of employing others will enable you to work towards that direction without distractions of any kind. I want you to know that being successful in bitcoin investment do not matter how many years you have spent while investing but if you can be able to make judicious use of the profits you will achieve from your bitcoin investment because some people spent years hodling only  to make profits and used it up lavishly without investing further on valuable things. Don't also look only at the possible aspect of your investment, think about the negative side as well should in case things doesn't work as you plan you can have an alternative to remedy the situation. $20 weekly investment is not bad because let us assume you are on a 5-year course and since you want to further your studies abroad it can also take you close to another 5 years to finish which means you may be spending 10 years in academic pursuit which means that as long as you have an income generating platform, you will keep DCAing every week which is to say that in 10 years' time of investing $20 weekly will be calculated like this: $20 multiply by 52 weeks which makes up a year will give you $1040 then multiplied by 10 years will give you $10,400 worth of BTC in your portfolio which is not that bad since you invested within your discretionary income. But i will just say that you should not rely more on using your investments in bitcoin to start up a business because of uncertainty, anything can happen, and it may hinder your plans which will make you to look confused because you can even make the mistake of selling off all your investments just to start up your dream business which will not be a good practice because as a bitcoin investor you are not supposed sell off all your investments, if you do that and your business fails where will you fall back to?. You may probably get the capital to start up a business but just know that no investment is guaranteed, unforeseen circumstances can happen in the future so it means is that you should not put all your hopes in your investment in bitcoin.

You don't expect negative response from us, we can't tell you to quit with your investment but i do like the way you understand what you are into, all fingers are not equal, the $20 you think is little is a big amount for some other persons to what they have to invest, sometimes we need to start small before we extend, you starting the process with $20 weekly does not guarantee that during the whole years that will be the exact amount till you are ready to graduate, time may happen when you invest more but starting it up is something we all love to see. What if due to volatility, the profits are not generated at the time of your graduation when you need the capital?

Saving up money is like riding a bike - it takes time and effort, but eventually you will reach your goal.  Im still new to investing, but trying to learn more each week.  It reminds me of when I first started riding bikes as a kid - I fell down a lot at first! But I kept practicing and challenging myself.  Investing is similar - start small, learn as you go and dont get discouraged.  Stay balanced while reaching for bigger things.  My goal right now is setting aside a little from each paycheck.  Its not much yet compared to where I want to get.  But like learning to ride, Im getting better at balancing regular life expenses and savings.  I know there are always risks involved.  But the more I learn, the better I can watch for obstacles ahead.  If I keep practicing good financial habits now, I believe over time it will pay off.  Just like all those skinned knees eventually got me comfortable on two wheels!

It is good that you have started investing in bitcoins. You invest according to your ability, investing $20 per week is not bad. Those who have invested in Bitcoin in the past and held long-term have benefited greatly. So we believe Bitcoin has good prospects in the long term. Now you have started investing in DCA method, hopefully if you can continue to invest in Bitcoin in DCA method for 7-8 years then your investment amount will be quite big. You don't expect extra profit from bitcoins, long term holding in bitcoins can definitely make good profits. Don't know how much capital you need to do your business? You will be able to profit according to your investment amount. So you carry on, good luck.

I think you can buy bitcoins regularly rather than thinking about trading at some point in the future. Generally, trading is inseparable from the word risk of loss, therefore making bitcoin a long-term investment would be better. Even if you have bought bitcoins regularly with a budget of $20 every week, of course it would be great if you could do it in the next 5 years. Many people regret their decisions because they choose to be traders rather than choosing to be loyal investors who hold in the long term. Look at the limited supply of btc so holding will give you a better chance of getting a lot of profit when you have reached your investment target. I hope you stick to your stance to make bitcoin investment a long-term or old age investment.

Don’t look down on your humble beginnings, it’s one way to lay the foundations right and $20/week isn’t exactly small. You’ve started something that could mean much more in the near future and you should keep at it. What you’re doing is the DCA strategy which is a strategy that could aid you in growing a strong portfolio. You just need to ensure you don’t relent on making those investments and the good news is; Bitcoin has potential to double or triple as the case may be and that would be an increased value of your portfolio.

Did you bother finding out how those people you know that invested in Bitcoin for a long time became successful? That is what you should have done. Their financial level may not be the same as yours, but one thing is common: if they can be successful, so can you. You need to learn how they started their investment, what they did, and what they neglected. It will help you know what to do as you want to start your investment at this age.

Yes, you can, but there are some risks to it. There's market volatility which we already know and because of this, there's no guarantee that it will grow into a business capital. The chances would be higher though if you will pick the best time to accumulate Bitcoin and that is when we enter the bear market season. Having the good timing on entering the market can be a big factor towards your profits because your money can grow substantially, but could go down as well. Aside from that, if you want to go to this route, you should consider holding Bitcoin for a long-term (probably around 4-8 years) to maximize your profits. Also, having a good exit strategy will help you as well like selling during the bull run. These things would help you with your Bitcoin investments.

How to say it without hitting fake illusions, at first thing; it seems like an honest thought, but one cannot consider dreams without a basic time frame such as months, years, and given that investment you mention, it requires the factor of years, many years, so, surely, let's hope so, that size of investment changes, but regardless of that, bitcoin does not change lives if you invest $20 weekly. It is reality. Now, commercial capital according to your ideas, thoughts and country, "works very well," hence if you have the desire and the financial contribution that your country offers you, a bank loan, or a loan for entrepreneurs, etc. that is where the future is, then finish your studies, and obvious get a stable source of income, that is, the future depends on you, not on bitcoin.

depends, but your investment of $20 every week is too small, if I were you i'd look for a job instead, then get the trading capital from there, it's a lot faster and can already give you opportunity to prove your own strategy of trading and "not working under other people" but honestly, even with $20 you can already start trading and make some money here and there as long as you're good enough you don't even need to wait until your investment grow to give you trading capital. in other word, just do it.

Instead of chasing a job, becoming an entrepreneur or a businessman is definitely a good move. You are a student now, and according to your language you will complete your graduation in a few years. Many people are unemployed after completing graduation. You are different in that aspect. It is definitely a good thing that you are planning in advance so that you can start a business after graduation. Now the question is whether you will get good trading capital by investing $20 weekly and continuing this investment for a long time? First of all you have your business idea, and you know very well how much capital is actually required to start the business you want to start. When a person starts a business in a new state he usually does not invest a large amount of money at first.   At first he starts the business with a small capital and gradually increases his capital when he finds that he is doing well in his business.   If you can invest $20 weekly in Bitcoin continuously for three years then at the end of the three years you will have a good amount of Bitcoins and in these three years the value of Bitcoin will definitely increase, in which case you will also get some profit from the investment. When you sell all this and when you start a new business, hopefully you will get a good capital from this investment which will support you well to start the business.

Of course you can but OP did not mention here that he wants to do any kind of business. In fact investing $20 a week is not a small money for me to invest. But in this case, one of my suggestions for you is that your Bitcoin investment will have to be hold for a long time. The amount of investment mentioned here must be prolonged for a few years, otherwise it will never be possible to get capital for the business. Investing in Bitcoin with small amounts of money, his investment portfolio will be much larger and he will be able to collect capital for his business.

Depends on various factors like the size of the business, how long do you plan on doing DCA, and the performance of Bitcoin. Mind you the cost of starting a business now would be different than it's cost in a few years time. Thanks to inflation(negatively). So Bitcoin performance has to offset the impact of inflation and multiply your investment.