I agree with you that the important thing in bitcoin investment is the amount of income you earn and also the amount of bitcoin you are able to accumulate from it, but the aspect of waiting to buy every month end may not be the best option or that is not a wise investment approach. For me if a person recieve salary it is not good to invest once every month but we can mitigate the opportunity by splitting it across the week. For example if a person recieve salary at the first month of resumption, he can fix on how to split his fund into the following part, 1 for bitcoin investment 2. For emergency 3. reserved fund to use for the purpose of family expenses and also for buying bitcoin every week(DCA), buy the dip and of course lump sum till the next month of his salary which is the 4th week to enable him accumulate bitcoin at ease, than investing agresively and sell later due to lack of proper planning. Sothat he can take advantage of buying the dip in some week from his reserved fund than just investing once in Bitcoin and using the remaining amount on feeding and or meceleneous expenses.
I see no reason dividing your your money to invest weekly since it will still amount to same figure, for example if you want to invest $100 monthly when you receive your salary you can just use it at once than dividing it and still use it to accumulate weekly,
That is exactly what the DCA strategy you have been hearing is all about, there is still need to divide the money especially if you are investing through the DCA strategy. There are 4 weeks in a month, and if the investor divide the money and invest it on weekly basis, he is doing that because he wants to buy at the different market trends of the month. The market won't be stable all 4 weeks of the month and he wants to make sure that he takes advantage of all different markets trends that will occur during the month, that's why the investor has to divide the money and invest it weekly. Unless the investor is not utilizing the DCA strategy to make his investment, that's when he won't need to divide the money and invest weekly. But so long as he is utilizing the DCA strategy to invest weekly, there is every need to divide the money.
the only time you should invest weekly is if you are receiving your salary on a weekly basis.
This is very wrong and it is misleading. People who receive their wages on monthly basis can invest on weekly basis and there is nothing wrong with that. Even people who receive their money on weekly basis can also decide to invest on monthly basis too. There is no law anywhere that said only people who receive salary weekly should invest on bitcoin weekly.
When you receive your salary monthly and you decide to remove the one for Bitcoin and then divide it so you can then be using it to invest weekly there's a high tendency that you may even use it for another thing with the hope of returning it which may never happen there by reducing your accumulation percentage for the month.
That is why you should have your emergency funds and reserve funds in place before thinking of investing in bitcoin. When these funds are properly in place before you invest, you won't tamper with the money you've kept aside for your weekly investment.