Quote from: Ndabagi01 on October 31, 2023, 11:59:50 PM

Quote from: Samlucky O on October 30, 2023, 08:20:29 PM

Although it sound interesting but hard to achieve that amount of %30 on regular basis expecialy on DCA strategy. Considering the responsibilities in the family. for example a country like mine, if you continue like this you will put yourself in financial jopady. For me I think %20 will be good to go. but if one can develop and nuture that characteristics, I think it will go a long way if there are other means of lively hood.

You don't have to force yourself to invest in bitcoin if you don't have the funds. If 30% of your wages is too high to invest in bitcoin, go for 20%, and if it becomes difficult to spare such a proportion from your salary in the long term, you can still cut it to a lower price. When you don’t have a means of even saving again after you’ve done some investment in bitcoin, you can leave it for a while until you’re strong enough and financially buoyant to invest in it again. What is more crucial is that you do not spend money that has already been invested, since this would violate the DCA approach and have an impact on your overall savings over time.

Although the statement I made does not imply that there is no capital. My point was if one cannot meet up to the%30 DCA standard one can make it a %20 percent. But I realized from different coments of members, that DCA strategy is not a must to accumulate 30% or 20% but one can accumulate as small as $5 to $10 per week. Sometimes. There times when things are hard you adjust your DCA there times when things are also cool and you can increase so I'm very much delighted to learn the strategy on how to accumulate. accumulating small small can boost you up at the end of the year, which can be as a form of salary. I think i am beginning to understand power of holding.