It is a great idea it is like saving in a piggy bank for a kid but for us adult it is a great investment we could also teach this kind of things to kids nowadays.
This could really help them in the future I would try this or do it on other crypto as well save small money in crypto and hold it till you need it,
Instead of wasting my money on vices why not put it in crypto it would help me and my family in the long run.
Most of us can only admit it after someone has managed to do it consistently. But in reality we ourselves are not so sure that we can do it consistently. This is a high risk investment. Even though the amount is only $1 per day but it will be a lot if done for 5 years and not many people can survive the price volatility of bitcoin itself for 5 years.
I believe that bitcoin is one of the profitable investment instrument, but not a few people lose due to high price volatility and some of them lose because they cant survive. Confidence and consistency play an important role in the investment system.