Only have $5-10 to invest in bitcoin per week? The benefits of investing a small amount regularly

00:02 Hey everyone. Someone asked me, "What 00:04 are the benefits of investing in 00:06 Bitcoin? If you only have $5 or $10 per 00:10 week to invest in Bitcoin, what are 00:12 there advantages to doing that? How 00:13 should you think about that and all of 00:14 that?" So, first of all, there is 00:16 absolutely a huge benefit to investing 00:19 in anything if you do it regularly. Um, 00:22 so even, you know, $5 or $10 a week 00:25 really, really adds up over time, like a 00:28 lot. Um, for example, I've uh, you know, 00:31 there's people that I gave free Bitcoin 00:32 to 7 months ago, and you know, at the 00:35 time they were like, "Well, I'm not 00:37 going to invest any more in Bitcoin 00:38 other than just, you know, the free 00:40 Bitcoin I got because I only have5 or 00:42 $10 a week." Well, if the if you put $5 00:46 a week in times 7 months times four 00:49 weeks in a month, that's a lot of money. 00:51 If you put $10 a week in times four 00:55 weeks times 7 months, you look back and 00:58 you're like, "That's a lot of money." 01:00 So, the benefit of investing is 01:02 consistency. Um, money compounds just 01:07 the same way your money disappears if 01:09 you spend an extra$5 or $10 a week. The 01:12 same is true, your money expands if you 01:15 save5 or $10 a week. Now, the problem 01:17 with saving in fiat currencies like the 01:20 US dollar is the dollar is losing value. 01:22 So, you're always sort of sliding 01:24 backwards on the conveyor belt while 01:26 you're trying to climb your way 01:27 forwards. Bitcoin is the opposite. 01:30 You've got a tailwind, not a headwind. 01:32 Which means as you're saving5 or $10 a 01:34 week, um you've got the tailwind of the 01:37 value of everything you're saving over 01:40 time. It goes up and down on its way up, 01:42 but over time it marches forward, which 01:45 is just a huge deal. Which means at the 01:47 end of saving $10 uh a week, which is 01:51 $40 a month, times 7 months, which is 4* 01:55 7 is 28. So that'd be $280, I think, if 01:58 I'm doing the math right. Um, you know, 02:01 28 weeks at $10 a week is uh, you know, 02:04 uh, $280. 02:05 Then if Bitcoin goes up in that time 02:08 span, another 20, 30, 40, 50%, well, 02:12 there you go. you're talking real money 02:14 relatively quickly. Um, so there's a 02:17 huge benefit to consistency. There's a 02:19 huge benefit to anything that is 02:22 investing that is on autopilot because 02:24 it just keeps accumulating. Um, it's a 02:27 concept I like to call put getting time 02:29 on your side. If you're investing5 or 02:31 $10 per week, then every week that 02:33 passes, you've saved and invested in 02:35 Bitcoin$5 or $10. If you are not 02:38 investing $5 or $10 a week, then every 02:41 week that goes by, you're falling 02:43 farther behind. So, anything in your 02:45 life that you can do that involves time 02:49 getting you closer to your objectives 02:52 rather than time getting you farther 02:54 from your objectives is something you 02:55 ought to do. Also, before I forget, you 02:57 can get recurring buys with no fees on 02:59 River. So if you set up a recurring buy 03:02 for $10 a week on River, you pay the one 03:05 the 1% fee on the very first 03:07 transaction, which is what 10 cents on 03:09 $10. So you pay, you know, a small 03:12 transaction fee on the first 03:14 transaction, but there are no fees after 03:17 the first week. So you can set up a 03:19 recurring buy and a year later, you've 03:22 paid fees on the first of those 52 03:25 investments. Uh, and the other ones you 03:28 got zero fees and you're, you know, your 03:30 balance just accumulates. And as you get 03:33 more comfortable with Bitcoin, as you 03:34 learn more, as you see, uh, the power of 03:37 sound money to increase your wealth, 03:40 hopefully you'll find ways to invest 03:42 $15, $20, $30, $50 a week, something 03:45 like that. Um, so it grows. It grows. 03:48 Not only does it grow with time, but as 03:50 your conviction grows and as you see the 03:51 power of a money that goes up in value 03:53 versus down, hopefully it's an 03:55 opportunity to then also increase uh the 03:58 amount that you're committed committing. 04:00 And again, um you have the ability to do 04:03 that with no fees after the first week 04:05 on River. Uh back to an example of 04:08 getting time on your side. So, my wife 04:10 uh applied and got into a remote program 04:13 at Georgetown University uh last year to 04:15 become a nurse midwife and a nurse 04:18 practitioner. She wants to deliver 04:20 babies in a hospital environment as a 04:23 nurse midwife. Uh and it's like her 04:26 lifelong dream and our kids are finally 04:27 old enough that she can do that. We have 04:29 the financial means uh to support that 04:32 and we're in a great place to do that, 04:33 but the school is really hard. But 04:36 because she enrolled and started classes 04:38 with a full-time load, because of that, 04:42 every week that goes by, she is closer 04:44 to her objectives. If she had decided to 04:47 not enroll, to wait another year, to 04:50 wait another semester, to wait another 04:52 five years, every week that goes by, she 04:56 is a week farther away from her 04:58 objectives. But now that she's in grad 05:00 school, every week that goes by, she is 05:03 one week closer to her objectives. So 05:06 investing works the same way. No matter 05:08 what your investing objectives are, if 05:11 you have that recurring investment on 05:14 autopilot, every week that goes by, you 05:17 are closer to your objectives. every 05:20 week that goes by that you don't set up 05:22 a recurring purchase of Bitcoin is a 05:25 week that you are farther from your 05:28 objectives. So, um uh it's simple. I 05:31 mean, uh go on River, set up a recurring 05:34 buy, set the maximum amount you feel 05:37 comfortable that can be sucked out of 05:39 your bank account and converted to 05:40 Bitcoin every single week, and just put 05:43 that thing on autopilot and then live 05:45 within your means. Earn as much as you 05:47 can. Create as much value for the world 05:49 as you can, which is how you make money. 05:51 You make money by creating value for the 05:53 world. And when you get a paycheck, that 05:55 is because the world is rewarding you 05:58 for the value you are creating in the 05:60 form of money. And the best money in the 06:02 entire world is Bitcoin. It is the best 06:05 money to save. It is the best money to 06:07 invest. And ultimately in the future 06:10 when it is radically increased in value, 06:13 it is also the best money to spend. And 06:16 now, if you're me and you've got 100% of 06:18 your liquid assets in Bitcoin already, 06:20 it means you're spending Bitcoin every 06:22 day and you're buying Bitcoin every day. 06:24 Um, but that's because I have nothing 06:26 else to buy stuff with. So, if I if 06:28 somebody was like, "Well, why don't you 06:30 use your spend, you know, spend your US 06:32 dollars and save your Bitcoin?" The 06:33 answer is, uh, because I don't have any 06:35 US dollars. So, if I want to go buy 06:38 groceries, then I got to spend Bitcoin 06:41 because I don't have anything else to 06:43 spend. anything else that could possibly 06:46 have been spent like US dollars has 06:49 already been converted into Bitcoin 06:51 already. So when my paycheck hits, I 06:53 convert 100% of it into Bitcoin and then 06:56 I spend everything with the Coinbase 06:58 debit card. Uh for most people, River 07:00 works better than Coinbase, but if you 07:02 end up with a lot of Bitcoin and it is 07:04 the vast majority or even all of your 07:07 liquid assets like it is for me, then 07:09 the Coinbase debit card works great for 07:11 spending it. But for the vast majority 07:12 of people, the be it's better to just 07:14 focus on accumulating Bitcoin rather 07:16 than spending Bitcoin. Um, and the best 07:19 way to do that is on River. River seems 07:21 to work better for everyone, almost 07:23 everyone or really everyone. Um, these 07:26 days. So, all you know, when I when I 07:29 recommend Coinbase and River and people 07:31 try both, they almost always come back 07:33 to me and say, "River works better. It's 07:35 simpler. It's cleaner. and you're not 07:37 constantly being marketed random, you 07:39 know, tokens, most of which are scams 07:41 and stupid stuff anyway. Uh, so River is 07:43 Bitcoin only, which means you can't 07:45 screw it up. And with River, unlike on 07:47 Coinbase, you get zero fees for 07:49 recurring buys. Uh, there's no way to 07:51 get zero fees uh on recurring buys at 07:54 Coinbase, which means, especially if 07:55 you're investing small amounts every 07:57 week, uh, by far the best way to do that 07:59 is on River. So hopefully all that helps 08:02 and I am always here for anything you 08:03 need. Uh here to support you on your 08:05 Bitcoin journey. And if you don't have a 08:07 recurring buy set up on River, go set 08:10 one up. Even if you're like, "Yeah, but 08:12 I can't afford anything." Well, set it 08:14 up for $1. Set up a $1 recurring buy. 08:17 Just get in the game. Get off the 08:19 sidelines. Get out of the bleachers. Get 08:21 in the game so that you can wake up in 08:24 the future and have a Bitcoin balance 08:26 that matters. Um, and obviously even 08:29 better, you know, do whatever it takes 08:32 to earn to create whatever value for the 08:35 world to earn additional money of any 08:37 form or sort and convert it into 08:39 Bitcoin. That is always the best 08:41 strategy. So, have a great day everyone 08:43 and remember that uh Bitcoin does go up 08:46 and down on its way up. So, make sure 08:48 your stomach your stomach can uh can 08:50 handle the volatility of the ups and the 08:53 downs on the way up. It will always 08:55 eventually be higher, but there's ups 08:58 and downs on the way up. Hope all that 08:59 helps. Thanks everyone. Have a great 09:00 day. Appreciate it.