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 stated by @baby shoes, 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 is no standard for the the percentage of funds to be allocated to the DCA method. I don't know how you arrived at this 30% standard. I guess you need to revisit your source so you clear the air. By design, the DCA method does not fix a constant amount that should be injected into Bitcoin... it simply requires the purchase of Bitcoin in a regular basis with amount that will not have any major impact on our financial obligations. Even though it seems that the DCA method appears more suiting for low income earners, those with huge funds can still apply the DCA method.
I think the 30% was just used for illustration and was not regarded as the standard for the DCA method. The percentage of funds that should be allocated to Bitcoin depends entirely on the individual.
There are times when things are hard, you adjust your DCA strategy. there times when things are also cool, you can increase your DCA. so I'm very much delighted to learn the strategy on how to accumulate. accumulating little by little 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.
This is not a good practice as it is not sustainable. You should be able to settle basic things first before starting the DCA method, in this case, you will not be under pressure in any form. If you read up a little, you will see where it was even suggested that after settling your basic needs, you have to also set aside some emergency funds that will cover expenses you did not plan for. This is the way you can apply the DCA method effectively and will not face the temptation or pressure to sell your Bitcoin when you did not plan to do so.