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.
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.
it's not out of place to assign a certain amount that's going into DCA once every month and for most cases including the kind of option where he seems to be suggesting that 20% will go into his monthly DCA while 60% will be for house upkeep will work too well for most individuals. For most salary earners that recieved there pay at the end of the month, it's just best to stick to one time buy per month so as to become more disciplined with your DCA and also to ensure that you don't miss out on your DCA because you're trying to buy at different times of the months because you're trying to buy at a convenient dip. But like you've said, if you're able to go above once a month, it's totally okay to do that but if you're trying to buy at different times of the months just because you want to time the market, you might end up putting yourself at a tight corner we're event might play out and you might miss out on your buys due to unplanned event.
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
regardless of how big or small your income his, with proper planning, you can still invest the right way. Those that earn more usually have better advantage of investing with a greater amount compared to those that earn little and I totally understand that the higher your earnings, the higher your responsibility tend to pile up but if you're disciplined enough to cutting down on your expenses, you can DCA with a greater amount of you're earning well. At the end of the day, even if you're DCAing with $10, $30 or even $100 per week, it doesn't make much difference as long as you're investing in line with your financial strength. Everyone will have to tailor down his investment choice based on the kind of situation that's peculiar to him/her and I think that that's the best way to invest.
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.
maybe we can make a little adjustments to this statement and rather say,
Buy with the right amount of funds and take your eyes off it. the concept of buying with your spare funds will tend yo suggest that you have to nake all the expenses that you have and then whatever is left will go into investing into Bitcoin. You can't really do too well in your accumilation journey if you buy your Bitcoin with such kind of idea.