Investing in the DCA approach must be long-term and have the capacity to take risks. A separate fund must be kept for long-term holding as the family needs to be met from external sources of income from that separate schedule. If there is no different funding then Bitcoin will be held off for a long period of time. This holding can be affected to meet the needs of the family. That is why a separate fund is definitely needed to save Bitcoin holdings.
An investor will reduce his risk when he follows DCA. Because he is not investing his entire money for investment. His risk will be reduced comparatively. The risk may high when an investor keep all of their savings into Bitcoin. The common suggestion here is that if an investor can keep any amount of money he has in Bitcoin for a long period of time then his risk is reduced but should not invest money that is intended to be withdrawn from the investment. Investors must focus on 2 things carefully for bitcoin investment purpose.
1. Planning for the long term
2. Following DCA
Those who are in good financial condition will invest in Bitcoin according to their ability and who are not in good financial condition can start long term investment following DCA. The investor must come away from the thought of making a quick profit by investing in Bitcoin.
At the end of working life, everyone's earning power declines. So those who invest in Bitcoin from their professional career can be financially sound in their old age.