Investing in Bitcoin according to the DCA strategy is easy but if we want to sustain it in the long term, it is most important to have an emergency fund. Because danger can come at any time, that is why you have to be ready to face danger from the beginning, so that it does not affect your Bitcoin investment. This should be given the utmost importance.
Normally, Before investing in Bitcoin, it's important to have a steady source of income. This allows you to make good plans for your investment and set aside an emergency fund, ensuring you don't rely solely on your investment. Having a stable income and a solid plan for managing your funds, such as using the Dollar-Cost Averaging (DCA) method, makes investing easier. With a reliable income, you can afford to invest only what you can spare. without proper money management, investing can become challenging.
Bitcoin is a platform where in order to earn you need to have time and money to invest. The side of investing in Bitcoin will also play an important role if there is a source of income. A solid plan for managing fund accounts, such as using the dollar-cost averaging (DCA) method, can make investing easier.