Another thing for me and I think the best approach to accumulation is to allocate 20% to bitcoin, keep 20% as an emergency fund for things that might happen unexpectedly, and the remaining 60% to make ends meet.
Imo i believe the optimum allocation is subjective based on individuals income, country, goal, and attitude towards risk.
The DCA amount allocated for the month
I guess doesn't have to be once a month but could be spread across the days in a month especially during a correction or dip.
I think an income of $50 per month is of course quite a small income, in fact no company pays its employees $50 per month. I don't think it's too much of a burden for people to invest $10 per week because that's a nominal amount that is easily within everyone's reach, but yes, it comes down to each individual
I guess this should be in your country and based on what you believe is nominal as investment.
A person receiving a huge income doesn't necessarily mean they have much idle funds for investment
There are individuals choked up with expenses and responsibilities that is quite hard investing more than 10% of their income.
The best is investing as a capacity leads
Buy with spare funds and hide the balance
It would shock you one day the amount you would find there when you go finally check.
[Off] Not saying the minimum wage or salary should be increased but there's alot attached to the government.... and this shouldn't be discussed here as it's completely off topic to the thread.
I guess it is.
The differences existing when it comes to humans is the reason no Economics theory are proposed without constancy
What works here won't work there.