You sound like one who is just experiencing the market not too long. In essence, you sound like a newbie, and I don't think you understand properly what I said. Making 30% Bitcoin investment off your salary for a month is enough when you have an emergency fund. Besides I didn't say you'll have to use that amount for ever, you invest based on your financial status. And with the way you sound, it looks as though you haven't developed enough trust for Bitcoin, anyway I can't blame you, if only you have don extensive research about Bitcoin, all doubt will be cleared. If you observe closely when I recommend 30% of your income going for Bitcoin accumulation is when you must have secured an emergency fund that can sustain you for at least three month, then you can boldly increase you DCA during dips like this, and should in case it doesn't favour you too well, after the investment you can use from you emergency fund to meet up your needs while you reduce your DCA amount and refill your emergency fund.
Lol I must say you crack me up
Did you read my post?
I was against the idea of advising a person to invest 30% of their salary.
Did I even mention emergency fund?
How does emergency fund relate to investing what you can afford to
Do you think if you introduce BTC to an individual with barely any knowledge of it, they can really stand losses.?
Ambatman, this is exactly what I recommend you do
it's official
Either you didn't read my reply or your level of understanding is like meme coins.
What's the difference between what odohu said and investing amount you can afford to.
You sounded more like someone who believes in Bitcoin in your other posts
oh trust me I do
Trading and shitcoins has done a number on me
2023 showed me the strength of Bitcoin and the belief is still beating.
I never said I wouldn't invest 30% of my salary in Bitcoin
Even all of it
If I my expenses would be covered
But this isn't applicable to everyone
I of 2022 believed the news that Bitcoin is dead
It's going to $10K
Now what's the price of Bitcoin?
If I don't believe in it's recovery and potential after I sold in loss last year January
Then I would be a Fool.
In a nutshell, What am saying is, it's better to advice a person to invest with a money they can afford
Or an idle money.