As a newbie, it is good to adopt the DCA strategy when accumulating bitcoin. Even though you are a low-salary earner, you can still accumulate bitcoin with the DCA strategy because you will set a day when you will be investing a small amount of your fund in bitcoin when you receive your salary, and you can be buying bitcoin monthly so that it will allow you to take care of your financial needs since you are a low-income earner. The DCA strategy will make you consistent in accumulating bitcoin because you will set a plan for accumulating bitcoin anytime you receive your monthly salary.
The Dollar Cost Averaging Method (DCA) is the easiest and most recommended strategy for new investors because investing in dollar distress is a systematic investment strategy.
I think these days not only newbies are adopting this method but also many experienced investors and methods especially those who don't have huge amount of money.
The prices of different coins in the cryptocurrency market often deceive newbies with volatility, but newbies can reduce all that risk by investing in the dollar cost averaging method.
Here are some steps that beginners should follow to invest hard dollar.
Beginners should buy regardless of market conditions.
Investing in Coins Dollar Cost Averaging method requires beginners to buy a small amount of Bitcoins every few days or weeks.
Beginners should properly analyze the market based on their long-term value potential and then buy Bitcoin