Yeah, but so what? You don't need a lot of capital to either invest or to trade in bitcoin. Sure, the more capital you have the more advantaged you will be, yet bitcoin gives you a lot of opportunities, even without large capital, and you work with what you got.
So many times, poor people whine about how they would be so much better off if they had more capital blah blah blah.... and those seem like waste of time mindsets.. since you can both ONLY work with what you got, and yeah, it is obvious that more capital provides more options.... yet at the same time, there are opportunities, right here in front of all of us, to invest or trade in bitcoin without much capital at all. You can start with $10 or $100 or even $1k is not a lot of capital and figure out your strategy from there.
Don't get me wrong. Even though I mention trading, I surely am not much of an advocate of trading, especially with bitcoin and especially that there may well be way better ways to make money to invest and to build the capital that you have in your investment portfolio... and it going to tend to take a long time to build up an investment portfolio, whether you trade or not and whether you get income from a variety of sources, especially if you are starting out with low capital.. so yeah in some sense I am agreeing with you that it is better to have more capital, yet that is an obvious point.. and not even hardly worthy of being discussed since it is so obvious.. ... and yeah there could be some folks who are able to make more from trading than they would with any kind of a regular job.. but yeah, we get back to a certain kind of point that the investment portfolio (or trading portfolio or combination of those) needs to be built up if there is some kind of expectation that income from the investment and/or trading portfolio are going to pay for the person's living expenses in part or in whole, depending on what kinds of income such person might have from other sources... These are all in need of calculation for any investor and/or any trader..
Most folks, maybe even close to 90%, will not really be able to make money trading that would be sufficient to pay for their living expenses and still be able to invest or to maintain their investment or to maintain principle in their trading account, so these can be both complicated calculations, and also calculations that have quite a bit of individual variability that specifically relate to the person's
9 individual factors.
What is the essence of DCA if we can't start investing with the little amount we have. Anyone who complains about how much to start investing doesn't want to invest at all. They are procrastinating and would never buy even if they are rich. The solution has been there through DCA. It will allow beginners or old investor to slowly increase their portfolio
while taking into account the inevitable fluctuation in the price of Bitcoin.
You state this last part a bit incorrectly, since DCA allows that you don't really need to give thoughts to the fluctuation of BTC prices, and so you should be taking into account fluctuations in your discretionary income. Of course, if a DCA strategy is not very aggressive, then it might invest a low percentage of the discretionary income, yet a more aggressive DCA strategy might choose to invest higher portions of the discretionary income. Now if the person starts to change his strategy based on BTC price fluctuations, then that may well no longer be considered strict DCA but might be buying the dip or perhaps some combination or maybe could be labeled as a hybrid strategy... and so folks can choose strict DCA or maybe something that attempts to time purchases according to the price, and sometimes more brand new folks might be more advantaged by following more strict DCA approaches.. but sometimes folks who have already accumulated some bitcoin might experiment with trying to time the market as well, which may or may not end up working to their advantage.. but it still becomes their own decision how they want to approach their bitcoin accumulation journey.
No doubt that it is important to have capital, but would you rather wait for you capital to expand before starting an investment and staying committed to it. I would understand if one knew that he can't keep up with the investment once he starts because the income is not a steady flow because he will lack commitment. Such person could possibly decide to wait until it becomes steady. Because one thing is to start, and the other is to maintain consistency and commitment in investing at the right time we choose to.
There can be some value to consistency, yet I doubt that being able to have consistency is a requirement for whether to invest into bitcoin or that it is required according to a DCA approach, since a DCA approach would be being applied smartly if it adjusts to the level of discretionary income, and surely there are some folks who are in situations in which their income and/or their expenses are inconsistent and perhaps even unreliable in terms of predictability, so then persons in those kinds of situations may well need to hold more cash on hand, and they might even be reluctant to invest into bitcoin, and that is based on the potential that they might not be able to determine or ensure that they have discretionary income, so if they might not be sure if they have discretionary income then they might not be able to buy bitcoin without risking falling into a kind of gambling practice rather than an investing practice. .and those also end up being personal choices in regards to the extent to which folks plan their incomes and expenses in advance and/or the extent to which they hold various kinds of reserve funds - and not everyone is the same since there are some folks who might have family resources or other ways to back up their funds, and there may well be other folks who are completely reliant upon themselves.. and I am not even proclaiming whether it is good or bad to actually use funds that might be available by someone else (such as family) or if those kinds of funds should not be used, even if they might be available since credibility and/or good will could end up getting used up prematurely and end up not being available when really needed.
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What you are saying is very much understandable, but have you considered those low income earners, those set of people that barely feed three square meal a day, how would they squeeze out something to invest when they can't even feed properly, and even though they manage to, with time, due to how things are difficult for them due to their poor income, they will still falls back to their holdings because they can't save anything out from there current monthly income due to hardship, so most times it not just about procrastination that has made some people not to have invested in Bitcoin, sometimes it's due to poor income, because am very sure that if your primary needs is not taken care of first, you can still invest, but you will not be able to hold firmly.
As others have responded to you and suggested that you need to have discretionary income in order to invest into bitcoin.. back up funds are not 100% required in order to be able to invest into bitcoin, yet you still have to figure out that you have extra money so that you are not investing money that you need, and frequently back up funds will cushion you from error, but they still do not protect you from the basic principle that investing into anything (especially something as volatile as bitcoin) should be coming from extra money and not money that you need for your expenses.
If you invest into bitcoin without sufficient discretionary income (which is another way of saying "extra income"), then you are quite likely gambling rather than investing, and you are also engaging in a kind of trading rather than investing since you likely already know that if you buy bitcoin with those short-term seemingly spare money, you are using money that you need for your expenses within less than 4 years(and likely even way shorter timelines than that)..so that kind of buying of bitcoin with short term funds would not be investing....since investing in bitcoin needs a 4 year or longer timeline, which also means that you are not going to need the money that you used to invest into bitcoin for at least 4 years.. which also kind of implies that you might never need that extra money - even though sure, everyone invests in order to hope to have more options in the future by being in profits, yet everyone should also understand that no investment, including bitcoin, is guaranteed to be in profits whether in 4 years or some longer timeline down the road.