-snip-
The aim of being prepared to allocate funds for Bitcoin investment is so that every investor can be comfortable enough in investing and not be like someone who is pressed for time because they have to keep thinking about their lack of capital. Apart from that, any ideas that each investor will use are also aimed at gaining profits that previously might not have been possible with just a small amount of capital. So this really needs to be understood very well for smooth investment and also for smooth accumulation of more Bitcoin when the price decline starts to occur.
Each investor has different budget sources, some only have a small amount, others have a large budget. It doesn't matter where the budget comes from, investment strategy must certainly be their priority. DCA allows you to have a budget to buy when prices correct, it will increase your investment portfolio instead of a lump sum.
The budget will of course affect how much return you will get when prices rise high, while the strategy will allow you to get a better return even if you have a low budget. Besides, not everyone has a stable budget, so there's no need to force yourself to be consistent as long as you can buy at another time.
But if you are not consistent in you DCA method you not making good use of the strategy and you won't see much impact in your holding. One thing that makes the DCA method interesting is your ability to consistently do it within the specified period you have set for yourself. When you are not consistent in buying either weekly or monthly it like it's not DCA method you are following. It has now turned to lump sum or other methods and when you are not effectively following the DCA method, you don't expect to get the benefits that comes with the method. No matter how small the budget is DCA method, consistency is what matters, before you know it you have accumulated enough.
just so we don't sound like robots and mere perfect people, The DCA method is obviously good and being consistent with your strategy will get you to your goal within the fastest possible time but let's not forget the reality that as human, there might be weeks or month issues can come up and maybe you might miss out on your accumulation routine for the month. As long as it's an unavoidable situation, you've got to be realistic enough and fix your issues and continue with your accumulation routine. The DCA strategy is not to enslave you to your investment and close you out of life reality. You've got to strike a balance between your investment and your real life issues.
Also, the assumption that the DCA methord is the best isn't all that correct. The decision to buy using the DCA methord or to do lump sum starch is totally based on your financial strength. as long as the methord you're using is working well for you and will help you meet your goal within the shortest possible time, that's the best strategy for you but that's not to suggest that it's better than buying in lump or that its more profitable than bulk buying. Buying in bulk during the bearish season could put you in a better profit and would normally save you from whatever issue that might spring up with time by using the DCA methord.
Just stick to what works best for you based on your financial prowess.