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.
One of the benefits of accumulating bitcoin with the DCA strategy is to control your emotions, and your idea of accumulating bitcoin with the DCA strategy cannot help investors control their emotions because they are interested in timing the market to buy the dip. Anytime they accumulate bitcoin and there is a little dip, they will regret buying bitcoin at the wrong time. The DCA strategy should be done in such a way that we set out a particular date to accumulate Bitcoin monthly. For instance, we can set out to accumulate bitcoin every 5th of the new month since monthly salaries are paid at the end of each month, and sometimes it might be delayed. And when the date comes, we can accumulate bitcoin even though the price is increasing or decreasing.
When people mention emotions, honestly speaking I don’t understand the emotion attach to bitcoin investment or are they’re referring to bitcoin price movement which is not suppose to be a problem rather an opportunity for investors to accumulate bitcoin. Concerning the market dip, anyone can use any strategy their finance can withstand but it’s best an investor investor rather than waiting for the dip mostly newbies who have not gotten much should not wait but start as soon as possible.
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.
You don’t invest with spare money, it sounds as a disrespect or lack of trust from my view cause when referring something as spare it’s considered as a leftover or not so important but rather you invest with your satisfied amount for example, each time I receive my monthly pay I make sure bitcoin budget is involve cause bitcoin investment is so valuable so I can’t afford to miss the date set for accumulating sometimes I use my monthly bonus to accumulate cause I know I can hold for long term and still plan ahead, if you’re referring your accumulating money as a spare amount you’re actually trying to say you can miss the date set cause what if there’s no spare money during that month.