I don't really think that buying a fix amount of Bitcoin when talking about DCA is proper because to my own understanding, if you really want to buy through the DCA method, then you have to buy with a fix amount of money, weekly or monthly irrespective of the current price of Bitcoin, but if you want to buy a fix amount of Bitcoin, them you might spend more or less depending on the current price of Bitcoin, but the major challenge with this strategy is that you will be forced to tamper with you emergency fund that would have been for your upkeep till month ending when you are expecting money from another source.
I just believe that the DCA method is design for us to buy in a comfortable manner, not in away that will make us to start doing opportunity cost just to meet up to the target of buying a fix amount of Bitcoin.
Let's understand this DCA stuff, when you are DCAing it doesn't mean that you are stagnated or forced to continue investing the particular amount you have been investing, you can decide or be flexible enough to adjust or increase your investment as you desire it to be, so don't misunderstand this process, I must say that your perception about this strategy is wrong, as far as Bitcoin investment is still in existence DCA is one of the best strategy rolledout for everyone no matter your income to be involved in Bitcoin investment, no one is going to do any opportunity cost stuff to meet up for anything as you said, what everyone that's is involved in DCAing needs to do is, keep investing the amount that will be comfortable for you so that you wont go about trying to borrow or thinking about spending your emergency fund in other to satisfy your investment plan.
Not all investors can afford to buy large part of Bitcoin or a fraction of bitcoin. Due to the high value of Bitcoin, many investors lost their purchasing power. But even a small investor tries to figure out how to grow his Bitcoin portfolio. Many people try to buy bitcoin regularly with a certain portion of their income because they can predict the potential of bitcoin. We generally prefer to use the DCA method as it encourages us to invest stress-free. I can collect bitcoins at my own interest. Anytime there may be a problem where I can't collect bitcoins for a specific period of time, I may be able to re-use the opportunity later. DCA does not mean that I have to collect bitcoins compulsorily. However, for regular Bitcoin purchases, adopting this effective method would be significant for accumulating bitcoin or increasing bitcoin portfolio.
Investors must invest according to their own ability. And those investors who invest beyond their means surely cannot hold their investments deeply. I have seen many investors who borrowed money to invest but never achieved the desired investment results.
Currently, the price of a bitcoin is 45000 dollars, naturally, not everyone can afford to buy a bitcoin for 45 thousand dollars. But there is no such thing as I have to buy one bitcoin or more than that in order to invest. Buying Bitcoin with $45,000 is an investment, and investing with $100 is still an investment. We need to understand the real meaning of investment, when we understand the true meaning of investment, investment will seem very easy to us and investing will become more important to us.
It does not matter how much money I invested. I believe that professionals can afford to invest in each.
I have seen many investors who earn a relatively small amount of money every month but they only spend money on family with the expectation of investing and the money that is saved at the end of the month they invest in bitcoins. Respect must be given to those who make such a struggle for investment.
No amount of investment should be underestimated, as investors now consider DCA method of investing as a safer and more accurate method in which investors can consistently invest a minimum amount of money. If we think about something in short term then we will be disappointed but if we think about the same thing in long term it will give us confidence. No matter how much money we invest every month, we need to calculate the long-term plan and the long-term plan should calculate how much our investment will be at the end of the specified period. If we do long-term calculations in this way, it will be seen that our investment amount is much more than what we expected at the end of the specified period. This calculation is only the calculation of the capital that will be deposited by the investor and the profit is not being calculated additionally, if the long-term investment is made, the profit amount is always higher.
Experience could be one factor to facilitate one's decision to continue holding their investment, some people are easily moved with a slight increase in the price of Bitcoin and can as well be tempted not just new investors even those who had long stayed in the system and have not yet understand the power of long term holding, so it goes more with the mindset, we are clearly expected to open our mind and accept the fact that during our Bitcoin accumulation it is expected of us to generate the mindset of long term holding and abstain from unnecessary sell pressure.
An investor should have his mind on a long term investment plan, before he venture into investing in bitcoin. He can achieve this by having a bitcoin target as his goal, so that this will keep him more focus and consistent on his bitcoin accumulation. Since he has that on his mind, he will not think of selling when he sees a little profit from the price of bitcoin, because he has not reached his bitcoin target.
Show me an investor without targets and goals and i will show you an investor that will surely lose in his investment. We have small and big investors in bitcoin investment. The big investors are the investors that can afford to buy a whole of bitcoin, so if they buy one or more bitcoins, they focus more on protecting their portfolios by avoiding significant risk to make profit. While for the small investors their focus is to accumulate as much, they can within a schedule time frame that they gave themselves and they will be more affected if they carelessly take any risk of selling little or trading with their portfolio. Any loss they experience will cost them a lot and will extend their targeted period.
What am saying in conclusion is that the wealthy people don't need Bitcoin to get rich. And they probably don't focus on setting a target for investment. But they are masters when it comes to long term investment. There main intentions are to buy enough bitcoin so that they can maintain their level of wealth or double it no matter what happens.
To every investor his investment is very valuable and very important. Suppose you have an investment of $500 while another investor has an investment of $5000. After you invest the market is dumping a bit due to which you face a temporary loss of 50 dollars from your total investment and on the other hand the person who invested 5000 dollars faces a loss of 500 dollars in this case but both expect the market to be positive. It's wrong to say that you don't expect to see your losses relatively low because you have a maximum investment of $500 while another investor has a maximum investment of $5000. We should never look at another investor who invested so much at once while I invested a small amount. You may think that this small amount of investment is nothing compared to other investors but you have maximized your potential and that is the most important thing for you. In the case of investment, you can try to get some idea through others, but do not directly match your investment amount with others.