You don't need to prepare an emergency fund before getting started investing into bitcoin. One of the most important things in investing into bitcoin is getting started.
Starting with a modest amount of money is better? Yeah maybe you don't need an emergency fund but I do.
Yes. Of course, we should not be using our bitcoin as our emergency fund. So you are correct in that, but we should still not be delayed in getting started, perhaps we have $10 so we can get started investing into bitcoin? And perhaps we can work our way up to larger investment amounts invested into bitcoin.
It seems that an overwhelming majority of people already will have 2-6 weeks of cash, even poor people, so it is not like a person investing $10 into bitcoin would be using that bitcoin as their emergency fund.
It does make more sense to start with $10 to invest in bitcoin, but for me the emergency fund is important and never says to delay the start.
What I mean is when they have an emergency fund and when there is an urgent need in the sense that we have to spend more than 6 weeks for example for hospital needs? Well I avoid this problem so the emergency fund is important for me.
We never know what happens in the future with unexpected expenses.
None of these are required before getting started. Why did you not describe the most important thing about bitcoin investment is "getting started?" You must not know that the most important thing is getting started... or probably you disagree. You think that waiting is the most important thing. Makes no sense.
Is there something wrong with my DCA investment strategy?
I think what I said above is useful for myself.
In fact, I never said to delay starting, maybe you can do both --- DCA and emergency fund are always set aside every month.
But for me it has been a good consideration, so that any urgent needs can still be handled without the need to withdraw funds from the investment...