but you don't just want to invest it at once because you feel the price will go down below what it is, and you start to invest using the DCA strategy. Secondly, if you are working for a monthly or weekly salary, you can also have an amount you always want to allocate to bitcoin, either weekly or monthly, at any time you get paid.
Indeed, that is my current method, when I receive a weekly or monthly salary, I always make an allocation for Bitcoin, the amount specified, for example 10% or 20%, actually that is enough, the rest I can cover my other needs for a month.
But I think overinvesting in bitcoin is also a simple problem you can avoid if you always have it repeating or if you want to prevent it from happening. The way I think it can be avoided is by having your budget planned so well, either before you receive your salary or after you have received your salary.
It's too important to invest but not think about other things, even though it's a simple matter, when someone is consistent in investing in Bitcoin using the DCA strategy, for example, they will definitely make a fixed allocation when they receive a bonus from their salary, perhaps a little increase or it could also be increased. For me, an emergency fund is both important things too.
When you are close to receiving your salary or after you have received it, you just have to take your time and make a budget, and while doing so, never forget to also add some funds to emergency funds, then allocate the amount you want into bitcoin.
To make it more balanced, the 10% DCA bitcoin 15% emergency fund is the right allocation depending on how much salary you receive, but I have prepared both, including an emergency fund and consistent DCA.
Actually, I have prepared an emergency fund before but only covers 2 months, but I want to increase it to 6 months and then after that I will increase the bitcoin allocation more.