Just like the saying goes, all fingers are not equal and your entire savings can be someone's weekly expenditure. Every investor buys at their own capacity. What Mr A might call lump sum might be Mr. B's periodic purchase.
So the deal is to buy at your capacity and reach your accumulation target, as long as there's still enough BTC supply to continue buying, the high capacity investor and low capacity investor are all doing a great job in their accumulation journeys.
Staying calm and true to the plan that you've got ( I mean anybody here) is key, even when waves come to shove.
“In preparing for battle I have always found that plans are useless, but planning is indispensable.” Dwight Eisenhower.
what sort of a quote is this? Even in the literal meaning of war or in making plans for your Bitcoin accumilation, you can't factor out the place of making some basic plans that aids you along your accumilation journey? It's not as though you must necessarily over plan but things like;
×. How much is convenient for your DCA
×. How regular you will do your buys per month
×. How you factor your emergency funds and
× even how much that goes into your spending while carrying out your accumilation are all things you need to plan for and ensure that you're disciplined enough to execute it as at when due. Plans are as necessary as executing them.
Life is rarely that simple, since what you can afford to invest today may be completely different than what you can afford to invest tomorrow, as anything could happen that could disrupt or wreck your perfectly researched plan.
it's the knowledge that uncertainty exist at the other side of your investment that gives you a strong reason to even make plans for them and prepare on how to protect your investment at such point in time. Even if at some point along your DCA, you're unable to use up to the amount you've slated out, it doesn't mean your investment plan is faulty, you can still buy with what you're able to at such time and when things falls back to normal, you can then go back to your normal routine. If after making your plans you're faced with uncertainty that shakes you, so you care to know what would have been the case with zero pan for emergency funds and other necessary consideration?
For this reason anyone that is interested on becoming an investor should consider the very real possibility that not only things will not go according to their plans, but they may even lose money despite picking one, if not the best asset in existence today, and once you realize this your overall strategy and preparedness will improve, however we cannot be rigid about the way we think about our plans as sometimes a complete overhaul may be necessary.
I don't want to sound overly optimistic that you can never loose your money in your investment but if you aren't playing out either in trying to sell too soon to buy back or trying altcoin as a means to become less stiff in your investment, the chance of losing in your Bitcoin investment is actually very slim if you're doing the right thing. And I bet you aren't referring to market correction as loss and feel that at such point in time that things aren't going as planned.