Quote from: Lidger on Today at 05:03:02 AM

Quote from: Popkon6 on June 12, 2024, 03:30:54 PM

Usually the DCA method will be based on your income, because if you invest regularly. Then you can invest weekly or monthly. Estimated average monthly expenses in your household are $100, and $170 if you are salaried. Then you can invest part of your expenses here and meet the basic needs, with the rest of the money you can invest.
In this case, it is most important that you use an emergency fund, because people can get sick at any time. That is why you must use emergency fund so that your investment does not get lost.

DCA is a strategy for investing in which you can invest consistently every day, you can invest consistently every hour, you can invest consistently every month or every week. If you think you will invest 10 dollars every day then at the end of the week your investment amount will be 70 dollars and at the end of the month your investment amount will be 300 dollars.

You can be successful investing with only DCA strategies, but there are other things you need to keep in mind. As such, you need to have a good plan of how you will make your investment long-term. According to the plan you need to maintain someone, in this case you need to list the most important time when the bitcoin market goes deep.

Quote from: Lidger on Today at 05:03:02 AM

I used to know that investing earlier means we need to accumulate a lot of money before we invest but this strategy of investing has changed our entire thinking of investing and made investing much easier. In this investment strategy investors can easily invest from any income or from any profession. I think every investor is satisfied with this investment strategy.

Whenever you pool your income and meet your family's basic needs, you can invest in Bitcoin with the extra money you have left over. Maybe many people have a habit of spending extra money but if that person takes the trouble to get rid of the extra habits and save the money and buy bitcoin dip then success will be guaranteed. Because one of the strategies for long-term investing is the DCA method.
Using the DCA approach to investing will certainly make your investments look natural for a few years, and you can increase your planning for longer periods.