Newbies who have not yet invested in bitcoin or have bought their first bitcoin, should put in consideration of using Dollar-Cost-Average(DCA) to increase their bitcoin portfolio, as this is the most convenient way to accumulate bitcoin gradually without worries of the price movement of bitcoin. DCA is means that you are to maybe 10% of your income to buy bitcoin either weekly or monthly, it is just like you save some part of your income regularly in order for you to use in to achieve a goal in the nearest future.

For those who don't have regular income but do have contracts that their money comes once in a while, there is what is called upfront DCA. Where you can buy use a certain amount once. Maybe let's say that assuming, you are monthly income and you budget $100 for DCAing monthly, if you are the person that is on contract based, when you get paid, you can use $800 to buy bitcoin which will be for four months DCA before you buy again.

There are other methods, which one can buy bitcoin, which is buying at the dip and lump sum, but this method will only help old investors who have accumulated a significant amount of bitcoin. Why is the DIP not too encouraging for newbies is that, no one can predict the price movement of bitcoin when it will dip and if you are waiting for the dip to buy, you might not up using the money that you are keeping for an unforeseen challenges and it will not make you increase your bitcoin portfolio fast. Buying at the dip is good but anyone who is using DCA will have a better chance to increase his bitcoin investment because when bitcoin price dips, they will increase the funds that they are using to DCA and when the price of bitcoin gets, they can reduce the DCA amount. The high price that they bought at the dip will balance the low price that they buy when bitcoin price is very high.

There is also what is called hyper DCA, this method is a kind of pattern that one can buy bitcoin anytime and not with a certain amount of money, just like the way MicroStrategy buys his bitcoin. For you to know that he is DCAing is when you add all the bitcoin that he has bought together, and how many years he has used to buy them. This will give you the average price by month or annually.

Note that one can never increase his bitcoin investment portfolio through trading but rather you will decrease or loss your bitcoin through trading, because trading isn't something very easy as people thinks it is. HODLing is the only way out. You need to have a means of income to enable you buy bitcoin, and if your income is very low, try to get a second means of income, if you really believe in bitcoin. No amount is too small to invest with, the earlier the better as time waits for no one.