By alternative income I mean if you are involved in a job or business, a portion of discretionary income from that can be stored in bitcoins through DCA method and till your retirement you will have a huge stash of bitcoins.
Agreed, DCA needs a lot of reliable income to operate over the long term. Because DCA is expected to be good only when you keep DCA regularly for at least 6-8 years, a certain amount of money from your job or business income should be invested regularly, without which money you can live your daily life smoothly without any hindrance. will be Investing in the DCA strategy will continue to accumulate in your portfolio over the long term as the average value of Bitcoins, and will result in a lot of financial success, which will turn into a large financial asset for you in the future, From which you can take your business or your situation further. But for this you have to hold on for a long time, and never panic anytime about the value of Bitcoin.
I think it doesn't take long to collect Bitcoin with the DCA method, we are free to plan at the beginning to determine the profit to be taken and I think it can be more realistic. And regarding the DCA strategy that is applied is for those who are able to set aside money so it is very appropriate to increase their investment, no one says that it is a bad strategy but if someone has more money then there are many other strategies that can be used to get bigger profits.
Risk mitigation is an important aspect of investing in Bitcoin and DCA is a great strategy for those who are afraid of buying bitcoins or feel too risky to invest large amounts of money in bitcoins. With this strategy an investor can accumulate bitcoins by depositing small amounts regularly. Since Bitcoin investing is about long-term planning, the best strategy is to follow DCA.
There are many investors who think they are trying to invest large amount without doing DCA most of the time they fail to hold bitcoins. Besides, people need money. In any emergency they need money. Investing a huge amount of money in that case does not seem appropriate for all. Those who hold Bitcoin for the long-term, keeping an eye on its potential, will surely make a successful investment.