why is the DCA concept highly recommended to every bitcoin investor because that way you have full control over the money you make, for example every month you make $1k from the work or business you do and you invest $300 or $400 every month to buy bitcoin, so you still have around 65% of the money you earn left, you can use it for your daily needs and set aside a little for your emergency fund, however, this emergency fund is what you can use later for urgent expenses, so you don't sell Bitcoin that you invested so far.
Actually, it's just our different habits in allocating the amount of money we will use to apply this strategy, but I think it's worth discussing because it can be a consideration for beginners to choose which option to use.
If you prefer to choose to first allocate it to bitcoin investment which is 30-40% every month, I prefer to see how much I spend every month (including emergency funds) after that I can allocate it to buy bitcoin, yes even though the amount is not much different from 30-40%. The reason I do this is because I see my daily needs as what I need to fulfill first.
Again, it's just our different ways, but the goal is the same. There is no problem with that, because the most important thing is our consistency in doing this strategy.
If you have to refer to a certain strategy, especially Bitcoin investment, the rules must be followed. regardless of whether you are ready or not with the finances. The first thing you need to pay attention to is the stability of your income, not how much you spend each month, but whether your income and expenses are really balanced so far? In some countries, an income of around $200-$300 will be divided into various types of needs, both to cover needs and to support subsequent needs. Meanwhile, investments related to a strategy are required to meet the criteria, if we admit that we have taken one of the strategies, either DCA or so on, where the consistency of purchases within a certain time period is outside the basic needs budget. On the other hand, here we are still mixing up needs and investment so that there is an overlap between which one is for investment and which one is for meeting needs. So make sure economic needs are truly met and finances are turned around for investment options according to the strategy chosen.