If I deposit $100 or $120 worth of bitcoins per month from here, how much will it benefit me? Is it right for me to invest more $ in Bitcoin than this? And should I invest the whole money in Bitcoin?
You are just about to start your investment in bitcoin and seeking for advise on way to go about it is just one part of it, the most important thing is that you understand and ready to sacrifice what you can afford to lose after your investment. You can’t invest in bitcoin and expect to make profit in it within a short time, it has to be for the long time. During that process of holding, your emotions shouldn’t be your problem to hold. Managing and protecting your account from possible scams, hack should also be a priority to hold for the long term. If you’ve been able to put all this into consideration and your mind is willing to take the risk, you can now venture into bitcoin investment. It is good you want to DCA, it is the best method to save bitcoin because of its volatility nature which we are still experiencing recently.