Not just an actual 10% of what we earn, it could be more or just less depending on our level of accounting for paid expenses and bills, savings and reserved funds including every other minor fees. The whole concept should be investing at ease, and not above budget putting the investor at risk of going shot from what he has left. All strategies are unique, either using any we still get profits from using them, the only avoidance is not spending much or aggressively entering the market which will definitely have a regretful impact in our proceedings.
10% is from the income we get every month. This means that it is smaller compared to those who are able to budget 20% to be invested. So that everything can run smoothly, you can use the other 90% by managing it as well as possible in the coming month, so that the Bitcoin accumulation process will not be disturbed.
Actually, to save on expenses, it will depend on each person's life, if you don't splurge, then I think the remaining 90% will be enough to cover your living expenses in a month. Investment does require planning in managing our cash flow as well as possible because it will be implemented as well as possible every time you are due to buy bitcoin.
It is great seeing someone starting up his investment this way, a great start and deserves some level of encouragement which i can see some users already following up. While we can suggest the use of DCA approach which many investors already find convenient using we are not supposed to flush out the test of every other strategies out from his journey, at this beginning stage we can only advise to stick with the DCA but as time goes, i think it becomes more easy and approachable trying out other options because in a satisfying pattern they can all be put together to get a desired portfolio.
Beginners need a lot of encouragement so that they are more motivated to continue following up on the investments they make. It's not slow to start investing in Bitcoin, buy and hold, the DCA strategy is certainly the easiest to understand and can also be a good choice for beginners.