To accumulate Bitcoin better, you must have good finance and good personal financial management for yourself, your family and your investment. Your investment should come to like your last priority because you and your family must survive, live well first.
If you have good job(s), good income, you can have more source of capital for investment after using part of your income for necessary expense and surely have money for emergency.
After you have fund, best strategy is Dollar Cost Averaging (DCA) with which you will make accumulation without emotion and you will be less affected by psychology cycle of market.
Exactly right on point. It is my mindset when I started doing the DCA (dollar-cost averaging) mid-last year regardless of the market condition, cycle, etc. I honestly have less belief in “cycles” in which anything can change unexpectedly without warning.
This is why even if BTC went downhill last time, I was not concerned that much and I just kept on doing DCA. I always make sure that the money I’ve saved for family and emergency is my top priority and investments are at the very least in the priority list.
It is important about educating ourselves with the right mindset and approach when it comes to money management and financial situations regardless if we’re single or having our own families.