We need to invest bitcoins but invest in such a way that we don't have to sell our holdings if we face danger later. That's why we have to divide it into three parts. Having an emergency fund is the most important, so that we don't have to sell our investments in times of danger. And nothing should be done aggressively, the more aggressive the more likely to go wrong. But we must plan and take all steps to survive our investment for long time.
Investing in bitcoin is not an aggressive move if you don’t have the means to. That aggression you’ve exhibit during investment in them will turn to disappointment when you come back to take from that which you’ve invested and hoping to have a big profit from it. What is more painful is that, at the time you’ll need it most, the price might have fluctuate and you’re likely to be at loss at that time when you want to sell. No one is asking you to rush to have a large portfolio in bitcoin, that was why the DCA strategy is here for us. With this strategy, you don’t need to aggressive buy or aggressive sell when you haven’t achieved your aim yet. Take your time, only invest what you can afford to keep for long until the investment reaches the target you plan to withdraw them back. This strategy is very easy and straightforward if you’re using it.
To have a proper plan on this maybe we should have a pie chart where we can separate our earnings into other things that we are considering on where we spend our money since if we have proper discipline on money for sure we can make all of things work out and we will not get any financial trouble if we follow all the plans we set. For doing all those discipline for sure we will be responsible on everything especially on each decision making we do.
Keep making a good financial plan. Allocate all your money carefully. Create a priority scale for which ones should come first and which ones can be optional choices. Allocate exactly how much Bitcoin you can afford each month and commit to your allocation as best as possible.
To further cut down the burden and not to see your investment in bitcoin as a financial burden on a monthly basis, you don’t need to allocate a fix amount on it monthly. When the month comes around, after spending on all you need for that month including other unforeseen expenses, you can now allocate what is left into bitcoin investment if at all there’s any after spending. Don’t overstress yourself when you can’t, bitcoin investment is worth it but invest what you can keep there without touching it to settle other necessities of it doesn’t warrant as your emergency funds should suffix in those moments for you.