This method of investment DCA method of investment has united all types of investors. Now you don't have to wait for money management to invest but any professional can easily invest any amount of money in DCA investment method. Earlier those who had more money or those who had higher income usually invested but low income people were always deprived of investment but now those who know about DCA investment are not deprived of investment. Now as the rich are investing in DC investment method, low income people are also investing in this method. Everyone from a van driver to a top executive finds this method the best way to invest. People who do not know about this investment strategy are far behind in investing and they must know about it.
Investing in the DCA approach is easy, but that doesn't mean money management isn't necessary. Money management should be given priority in any type of investment because having a source of money will enable you to continue investing uninterruptedly for as long as you want. I agree people of any profession can invest but they need to decide before whether they will be able to continue investing for a long time. There are many who start investing at the initial stage but are forced to stop investing due to financial incapacity.
But yes it is true that now even low income people can invest in DCA method with the remaining money after meeting their family needs. Those who have a small source of money should plan before investing in such a way that the money that remains except the money used for the family does not have to be used. Those who can ensure this will be able to continue investing without hesitation.
If a new investor is able to figure out how much from his discretionary income that he can use to invest in bitcoin which will enable him keep his weekly or monthly buying with DCA ongoing for 4-10 years, and build his emergency funds up 3-6 months. That investor should be able to become successful in his bitcoin journey in a long term. This is because when a real emergency arises, he will be able to take care of it without selling part of his bitcoin investment to take care of such emergency.
It is when a new investor allocate more than the amount that he is suppose to use to DCA every week or month regularly that he will end up having problems in his bitcoin journey because he has over aggressively invested and when need arises, he will have no option than to sell his bitcoin portfolio at loss especially if bitcoin price dips below his entry point. Another reason that will make an investor stumble in his bitcoin long term accumulation journey is if he does not have emergency funds available. Or when he involves himself in some unhealthy practice by selling to buy back.