As far as bitcoin investment is concerned, every investor should invest in bitcoin according to how much their discretionary funds can allow them to invest in bitcoin. Even though we are investing in bitcoin, we ought to go on vacation, enjoy life, and learn about other people's way of life.
Bitcoin investment is not something you should force yourself to do, some people will end up starving themselves just because they want to invest in bitcoin, which is not making sense to me. If you are investing in bitcoin, then it should be at your convenience, don’t invest, and at the end you will end up spending all the money gotten from the investment on medical bills. Always enjoy your life even when investing. I do try to invest almost every month, but there are some months in which I don’t invest. I do enjoy all my money with my family members. Sometimes I do invest little amount, and sometimes my investment is always high. I don’t have a fixed amount that I do invest in bitcoin monthly, my investment is always determined by the problem that I am having to solve at that month.
Actually there are different ways to invest in Bitcoin, and here everyone is free to invest according to their convenience and preference. A beginner should first research the method of investing, and definitely adopt such a method that he can continue for a long time.
In case of DCA we have to invest a certain amount of money regularly monthly or weekly. Investing in the DCA method will give you an average price over the long term and will be able to make good profits despite market fluctuations. But for this you definitely need to build a strong source of income, because investing in DCA requires you to invest a certain amount of money regularly, and keep it constant, and for that you definitely need a good source of income, Which will pay you good money on a regular weekly/mounthly basis. And must always keep reserve fund and emergency fund ready.
And here the method @Issa56 is investing in is “Flexible Investment Strategy”, its also a good investment strategy, in this method of investment no fixed amount of money is required to be invested regularly, rather the amount of investment is determined depending on personal situation, monthly financial condition. This strategy will also be a good strategy for new investors. As it will be a bit difficult for beginners to continue investing regularly in the beginning, it is normal for them to start investing in this “Flexible Investment Strategy”, so that they do not face any financial pressure or family risk, and slowly in this investment method After normalization, then they can focus on DCA.
But whichever way you invest, your goal should be long-term holding.