I will tell him that if someone's monthly income is Rs. 20000, then it is necessary to continue with Rs. 10000 per month and I will encourage him to deposit Bitcoin using DCA strategy at Rs. 7000 and with this, I will request that person to keep the remaining Rs. 3000 in his emergency fund. In this way, a person can reach his desired goal.
Surely investing to meet up our target is good, but The way you Annalise using 20000 rs in terms of investment is aggressive to me. Although everyone has the way they program their Bitcoin investment but we should also consider a consistent method that will can continue to invest for a long time without getting tired. Investing in Bitcoin requires you to be "slow and steady". permit me to use that word, because that is how you can do it effortless and consistent and you have a good stash to keep and never think of selling your BTC too quickly. Because there is a way you program your investment strategy then it will affect you. There is nothing wrong investing 1k rs weekly from a 20k rs and setting aside emergency fund like 500rs making it's 6k rs every month and you are left with 14k rs after spending for family expenses then the rest will be in your discretion because our discretion should be our top most priority. Which means if we want to increase or decrease in Bitcoin it will be done from our discretion. So there's need for a us to look into having a strong backup to stand a better change in our investment since " no discretion no investment".