Of course that is the most convenient way at the moment but in the future I will readjust how to distribute the budget more evenly and larger on bitcoin investment, as I said I want to increase the strong fund first so that it is safer and stronger for a few months the rest can focus on bitcoin defensively by increasing the DCA.
I believe many of them do that such as 30% bitcoin investment 10% emergency fund the rest of the needs to cover a month, for now it should be more adjusted again and strategize a good budget over the long term for bitcoin investment.
Isn't it for the DCA strategy to walk all the way to not need to think about market sentiment? Because in my opinion this is only temporary while DCA is long-term which continues to run every week.
Even for now I don't need any chart analysis with DCA purchases when the money is ready then I buy no matter what the price is because DCA is buying at an dollar cost average.
Your explanation certainly makes sense because applying the DCA strategy of course you don't have to be skilled at reading charts because you make purchases at every stage when you start. DCA is the most admired strategy for those making long-term investments, either for the next 10 years or 20 years. But basically when there is a question from someone from your relative why you buy at a high price when you can wait to buy at a low price (well in this perception you can give an answer if I will calculate the average purchase entry when I reach the peak to exit at in the next 10 years) it will make them amazed by your answer.
Well, at the level of adjusting the emergency fund, this is not very important for some people because if they get a weekly income they will adjust the percentage level they will use in Bitcoin investment, even so it will be in line with their concept without any obstacles that can hinder them. On the other hand, if your income does not determine where you pursue odd jobs (sometimes you work or not) of course the level of adjustment for emergency funds is quite necessary so that you don't miss a purchase step. Well, emergency funds are of course prioritized to cover gaps when you don't get income at that time, so you can use emergency funds at that time. Isn't it like that?