Quote from: Rabata on October 01, 2024, 11:58:37 PM

Quote from: Taskford on October 01, 2024, 10:19:55 PM

That's why aside from learning DCA they should learn how to manage well their finances since this plays big role on their success for long term investment on bitcoin.

Yes, money management is an important issue in investment that cannot be ignored. The first thing that comes to investing is money. If I have a source of money then I will be able to invest and have the opportunity to do so for the long term otherwise whatever plan we make cannot be implemented. Before any investment we should focus on money management. Those who have source of money will get opportunity to invest regularly. In terms of investment, he can invest not only in DCA but also a large part of his money if he wants. However, those who want to invest on a regular basis find DCA to be the most useful strategy for the long term, he will have the opportunity to build a good portfolio of his Bitcoin investments.

A low income person can be successful in this way, so you don't disappoint new people in this way. I think there is no difference when it comes to investing in Bitcoin, because anyone can invest in Bitcoin. If you notice, you will definitely see that a low income person will be able to invest in Bitcoin only by using the DCA strategy. Because investing in the DCA method is possible in several ways, I see no role for frustration in this case.
In order to invest in bitcoins, he can definitely start investing in bitcoins with the extra part of his income weekly and monthly. In this case, if he wants to invest regularly in Bitcoin like this for a few years, then he will definitely succeed because after 5 to 10 years, Bitcoin will form the largest portfolio.