The DCA method is not only for low-income people but also for every Bitcoin holder. Have you ever noticed and followed the Bitcoin DCA method?
Anyone can reach the peak of success by investing in Bitcoin in the DCA method, because it creates savings on the purchase price. And if the price of Bitcoin moves in both the downward and upward directions, then the DCA method also plays an effective role in this case, if you once start holding Bitcoin in the DCA method, your mind will help you move forward to purchase in the DCA method next week.
And if you have money to spend in a foolish way, you will be able to accumulate more Bitcoin using the DCA method, only the DCA method does not work alone, it plays an effective role in holding in any way.
just as you have said the DCA is know to be an method which is a versatile investment strategy than benefit every bitcoin holder of all incomes levels, it reduces the impact of the market downturn and volatility or timing risk, one thing you also know about the DCA strategy it helps in smoothing out the price swings resulting in lower average costs.Anyone can reach the peak of success by investing in Bitcoin in the DCA method, because it creates savings on the purchase price. And if the price of Bitcoin moves in both the downward and upward directions, then the DCA method also plays an effective role in this case, if you once start holding Bitcoin in the DCA method, your mind will help you move forward to purchase in the DCA method next week.
And if you have money to spend in a foolish way, you will be able to accumulate more Bitcoin using the DCA method, only the DCA method does not work alone, it plays an effective role in holding in any way.
You might be correct Barikui1, yet the common expression is to invest money that you can afford to lose, which means that you don't need it and you are willing to let it ride to zero.
I have an assumption like this,°Throwing small money into bitcoin every week.
°After that I will throw it in the trash (cold wallet).
°After that forget about it in the next 5-7 years.
That way I really forget about the money I spent to save on bitcoin. Or like not needing the money for now. This a form of being able to lose in reality.
