This is why we as a low coiner or people that are no coiner should use the DCA strategy to invest in bitcoin and keep up with buying every week whenever they get their discretionary income ready. DCAing regularly with consistency and persistency for a very long time will become an habit to you because you will always have it at the back of your mind that when you get paid, you will buy bitcoin.
The moment you get paid, just the way that you are setting aside funds for your basic needs and monthly expenses, is the same way that you will also set aside money for your DCA from the extra cash left. DCA helps you to accumulate more quantity of bitcoin overtime and if you are the serious investor who is focus on reaching his bitcoin target, buying bitcoin with DCA regularly every week will finally become part of you.
I will take myself as an example, I always plan for my next week DCA this week before I get paid. I check the house and know my important needs, so that I can know how much will be left as my discretionary income and how much from it that I will use to DCA and how to cut down my expenses. If my discretionary income increases, I increase my DCA amount and vice-versa.
It's good to make DCAing into bitcoin part of your life because you're investing for your future and only serious long-term mindset investors will make it through.
Well said and explained mate,
Practice makes perfect. One of the things that make you as investor not reach your target is when you don't actually of even see what's up ahead because I believe if you have the vision to see where the price of Bitcoin is going and have been exposed to all the necessary knowledge that would guide you in your Bitcoin journey then you would stick to the actual method that is suitable and reliable for you as a low coiner which is DCAing with your earnings consistently no matter what.
DCA helps you buy Bitcoin on a regular and still continue with other necessity from the earnings you get from work, the idea of not being frustrated because you are buying Bitcoin is still DCAing and the most important thing itself is not the method, it's actually your mindset and if you are able to train yourself to abide with the knowledge you have gathered in terms of using the DCA method then long term in Bitcoin investment would be as easy as a pie for you guys.