Clearly we are early, but what amount of BTC would be a minimum amount for you to be considered “on board” and able to get a decent chunk of the pie at this point?

In case that title wasn’t clear I will elaborate, I have been using bitcoin since 2011 however I had a daughter in 2015 and other real life priorities got in the way of staying in touch with a technology I really believed (and still believe) is game changing.

I won’t do the BS “this is how many BTC I had during this year” or “I sold my BTC for a massive profit, or so I thought, in this year wish I had hodl”

Instead I’m going to ask what I believe is a legitimate question based on BTC investment now

I believe we are all still super early let that be clear.

The thing is with BTC this year floating between $72k and $48k, if you were to get into BTC investing at this point in time what would be considered a minimum amount of coin to feel that you can properly take advantage when bitcoin goes to the moon!!!

To qualify, I’m a single father on disability due to a spinal injury, hence I have a very low income stream and do not have the ability to invest large amounts of fiat.

Despite being very early adopting bitcoin between 2011-2015 I sold my position when I had a daughter.

Even though I had kept an eye on the bitcoin market up to this point, having a child and a very toxic relationship meant I lost focus on bitcoin.

About 18months ago I started getting the bitcoin itch, I kept feeling the impulse to dive in again despite my low income.

The main things holding me back were that by this point BTC was holding pretty firm at around $30k which caused me, incorrectly, to worry I was too late then sadly my best friend and house mate died suddenly age 27 and bitcoin was again off my radar.

It wasn’t until March of this year that I felt the tug of bitcoin again just as it was reaching its all time high.

Well firstly I bought a cold storage wallet and a steel seed phrase storage slab and started working on an initial sum of money to invest.

Thankfully it turned out it took me until early May to get all my ducks in a row by which point bitcoin had entered a dip.

I had $1,500 to invest and just as bitcoin dropped below $60k which is where it was at when I decided to get back in bitcoin (between March and May as you know Bitcoin reached just under $74k)

Since May I’ve been stacking Sats and DCA’ing as much as possible. I’ve heard of people on this sub saying Bitcoin made them frugal, that has definitely happened to me, despite my low income I am putting as much spare coin into Bitcoin as possible.

I’ve been fairly lucky with the timing of my income so I have not bought above $62k in the 2 months I’ve been investing, my average is around $60k.

So at almost the 2 month mark I’ve managed to get my bitcoin invested to approx $3,300 (I know it’s not good to say how much BTC you own but I need to state the amount for my question to be answered and hoping the amount is too small to bother tracking me down and I’ve already brushed off a couple scammers so not worried about that).

So to my point, at this point in bitcoins cycle, having literally invested all I can whilst still providing for my daughter, am I investing enough to make a difference?

Investing $3,300 in 2 months is an amazing job for me, proud of myself, but that amount is not sustainable, realistically going forward, investing about $500-$800 a month is more realistic.

I honestly don’t care about getting rich, not waiting on that Lambo, what I do care about is securing a better future for my daughter. She’s in Primary School, I’m 43, the country I live in has made it almost impossible for the younger generations to ever own a home. I doubt I will ever own my own home.

I would just like to be able to provide a sizeable down payment on a home for my daughter. I have around 10-15 years to invest and hodl bitcoin before I need to assist her.

So I’m wondering with $3,300 in Bitcoin, DCA’ing approx $500 per month going forward, am I investing enough or is my income so low and bitcoin already so costly that it’s unlikely that I will have the ability to take advantage of this once in a lifetime opportunity that is Bitcoin to its fullest?

TLDR low income investor, getting back into Bitcoin in 2024, is my ability to invest ($500 per month on top of my current $3,300) too low to have any hope of gaining a sizeable chunk of the party in 10-15 years of hodl’ing to help my daughter buy a home when she is an adult?

I realise we don’t have a crystal ball I’m not asking for magical predictions, more an assessment on my investing ability (cash flow to bitcoin) and wether my goal of helping my daughter buy her first home with this amount of money is feasible or a pipe dream?