There's no bitcoin strategy that will trigger financial stress; if you can figure out your finances and know the type of bitcoin strategy, it can possibly allow you to accumulate bitcoin without passing through difficult times. The only problem some investors have is that they will know too well that their money won't allow them to invest in bitcoin with a lump sum, but yet they will still ignore it and buy bitcoin with a lump sum strategy, and before you know it, they will start struggling to solve their daily expenses because they have invested in bitcoin aggressively. The only time you can use a lump sum strategy to buy bitcoin is when you have figured out your finances and know that if you buy bitcoin with a lump sum strategy, it won't stop you from solving your daily expenses.
Yeah you are right, it is very important we know our financial strength because when you know your financial strength it will help you know the Bitcoin strategy that will be more easy for you, the reason why they are different strategy is because there different financial strength and different income follow so is better to first of all go through all the different Bitcoin strategy that are available and then match each with your finance anyone you feel will be more comfortable and convenient you then you it, is very wrong if we choose a strategy because we feel other people are using it, or we feel it will be more fast, the right way is if the strategy matches very well with your finance and we are comfortable with it.
Your financial strength does not determine the strategy that you will use to invest as a new investor but rather your discretionary income. Your financial strength will only determine how aggressive you can be when you are accumulating bitcoin. A new investor should use DCA method to accumulate his bitcoin every week/month regularly with the amount of his discretionary income that will enable him continue accumulating for 4-10 years and above consistently and persistently to keep his bitcoin investment accumulation ongoing in order to build and grow his bitcoin portfolio overtime.
Sure but your financial strength determines your level of your discretionary income because someone who earns higher income is likely to have more discretionary income compared to the other who earns lesser amount but it will also be determined by the amount of their expenses before their discretionary income because someone with a high income can spend more than someone that earns lower which can even mean that a low income earner can have more discretionary income than the high income earner. It is not compulsory for a new investor to use the DCA strategy, they can use any other strategy inasmuch as they find it accommodating enough to continue with their investment without any issues.
An investor with weak financial strength will only by with a little about based on his discretionary income and he wouldn't have any options to increase his bitcoin portfolio faster than an investor with strong financial strength. This is because the investor with strong financial strengths has various options to increase his bitcoin portfolio overtime by buying aggressively, maybe frontload, buy with lump sum before starting with DCA, and he can also lump sum at certain intervals. Maybe twice, three times or four times a year depending how aggressive he wants to be. He also has the funds to buy as much ad as he wabts during the dip. Because he has several means of income already in place or established.
Whether an investor has weak financial strength or not, his level of accumulation will sorely depend on his discretionary income available for investment. it is true that an investor with strong financial strength has many options on how to accumulate bitcoins but it also go down to their financial management because if he doesn't manage his finances wisely and carefully, he may still be investing like someone who has low financial income.