Have running almost one year with my investing bitcoin accumulation but I start around $150 every week and raise $600 in monthly for investing in bitcoin, wish have stable financial and keep consistency investing or accumulation as much possible in bitcoin until several years later.
The ideal time to run a DCA strategy is when an investor has a consistent cash inflow or outflow, and at that point, they can run the strategy for as long as they want, up to several years, with any weekly investment amount.
Without a reliable source of income, I doubt someone would invest in bitcoin on a weekly or monthly basis, much less being consistent over a year, if that were the case.
I have already posted about this before, but it's also very important for those people who are still single, with no/minimal responsibilities in life, to be reminded NOT to take their youth and being single for granted. Take it as an opporutnity to save portions of their salary and make a high-conviction investment/HODL in Bitcoin. They will definitely have higher probability for success because they could continue to HODL through the bear cycles without worrying much about their finances.
Well-thought advice because anyone who misses investing in their youthful age as being single and moves over to marriage without having solid secure investments or jobs, will always struggle to survive with their family in this bad global economy. The best time one has is at their single lifestyle to invest and hodl for long without much issue of finances.
As the global economy affects everyone financially, it begins to let us know that we have to take a step ahead for our future by investing wisely in bitcoin and we shouldn't just rely on our monthly salary without having a side hustle or other source of income.
Marriage is a new relationship between one family and another family. Marriage means the responsibility of a family falls on a boy. Life before marriage is same and life after marriage is same. Society says get yourself a good job first then get married but I have actually seen many couples who got married without any job got success after marriage. Many people's success comes late and many find their success early. Along the way I have also met people who got a good job after completing their graduation but left that job because they were exposed to Bitcoin while studying and have invested in Bitcoin ever since.
The person I'm talking about was a bank officer but he left the job due to overtime rules and is now running a household depending on the investments he made in bitcoins in the past and tedding as well. Not everyone gets success by just working, many get success by doing something else. The person who left the bank job believed that he would be able to manage the family through his investments and trading which is why he left the job.
Since he was involved with Bitcoin since his student days, I would call this a long-term investment even though he had no plans for this investment. He converted the money he was making from the crypto platform into Bitcoin and today he owns about two BTC.