Truth be told, if we have multiple streams of income we will be at good advantage of achieving a successful bitcoin investment because the multiple streams of income will help us to have a good discretionary income that will can easily allocate good amount of money for bitcoin investment either on a monthly or weekly basis, which will help us to build up our bitcoin portfolio fast but with one good source of income we can still become successful in our bitcoin investment if we discipline ourself and always invest in bitcoin with our discretionary income or leftover money in that way we will not have any problem struggling to solve our daily expenses which could expose us into selling our bitcoin when we haven't even reach the end of our accumulation journey. Even though you have made provision for an emergency fund and reserve fund up to 3 months before or after you start accumulating bitcoin, you are not even guaranteed to become successful in your bitcoin investment, but what you need to do to become successful in your bitcoin investment after having these funds readily available is to discipline yourself and accumulate bitcoin within your discretionary income so that you will not run out of money and depend on your bitcoin investment to solve your daily expenses when they arise.

Could it be that you don't really understand what is meant or called discretionary income, discretionary or disposable income is the left over cash after our basic needs has been taken care of, it is where we are supposed to get our investment money from even if we have streams or additional income whatever we must invest in Bitcoin must be considered as a discretionary income that way we are sure that our important needs has been taken care of without struggling.

In other to be a successful investor in Bitcoin, you need to have additional source of income not only your discretionary income can make you a successful investor because if there is an inflation in the economy without the increment of your discretionary income how will you cope with the little left.
You can only be successful in your investment and increasing your portfolio if you have your emergency fund and reserve fund which makes it easier and comfortably to accumulate even when using the DCA strategy, you still need to have a reserve and emergency fund tobe a successful investor , when you have these two back-up funds there is no way you will use the money meant for your upkeep to purchase Bitcoin because they are always there as a support for you at anytime you are in need of funds.

Lack of knowledge about Bitcoin is the reason why someone will use money meant for his or her personal needs to invest in Bitcoin, no one with the knowledge about Bitcoin will do such a thing except his a trader who has high hope in his or her prediction and expecting to get his or her profit fast.
You are right we don't need to struggle while investing in Bitcoin and that is why it is said that one should use only his discretionary income to invest so as to avoid struggling with your investment.
Discretionary income is an income that is lift after deduction of taxes, mortgage and basic living costs. Now using that money lift after settling all your basic needs won't make you struggle while investing.

Anyone investing the money meant for their important needs in to Bitcoin only thinks that Bitcoin is a quick and get rich scheme and at such it a deformity, mismatch and misplaced priority, they will end up getting disappointed when the results they expected didn't come as quickly as possible, leading to selling when they are supposed to be buying and some time they can even sell out of lost in order to attend to taken care of their important needs. Bitcoin signifies financial freedom and even in the manner at which we are investing, we don't have to do it suffocating or struggling with our important needs.

Exactly, investing with money meant for other things is already lack of Bitcoin investment knowledge because someone who understands... won't use his or her expenses money to use in accumulating Bitcoin because the result will be failure, the investment can never last for too long. It is good to be inform so that one don't make mistake that will affect them very bad in the future. Investment should be done when someone has gather a little knowledge and keep a little of what it takes to start and keep the investment going and then press to make available what is needed before the initial one will be exhausted.

Volatility is the nature of Bitcoin and it is reason that new investors keep getting interest in the market, volatility shouldn't be a threat to investors but should be used in their own advantage of buying more Bitcoin at a lesser price, the advice of holding for a long term is not a joke or something to joke with because I understood that better now, the short term declines that happens while you were buying Bitcoin can only be eroded and you will get the best of Bitcoin if you were able to hold for long term.

The Bitcoin market fluctuates so rapidly that investors cannot make the right decisions due to volatility. Following the DCA method is a good way to invest. In terms of investment, the DCA method protects you from market volatility on the one hand ‌and on the other hand helps you keep up with financial risks and market fluctuations. When buying Bitcoin you should have a long-term plan and when holding Bitcoin for a long time it is important to have an investment perspective in case of future market fluctuations. Long-term investment requires faith and patience. There will be volatility in the Bitcoin market, so be prepared to think accordingly and buy coins. Regular investment and long-term planning before the Bitcoin price drops will protect you from volatility on the one hand and it will also create the possibility of big profits in the future.

If by strong wallet, you mean excess cash then I must disagree, you don't need excess cash to start investing, especially if you are using the DCA, what you need is a stable source of income, one that can allow for discretionary funds, with your discretionary funds you can start building your bitcoin portfolio on a long term investment plan using the DCA. But if you are in a financial crisis and can't afford discretionary funds, then halt your investment and put your finance in order, please do not invest with money meant for basic needs and necessities, this is because investing with this kind of money will definitely lead to you selling too early when you can no longer pay for these needs.

When newbies starts accumulating Bitcoin when money comes their hand sounds to me that they can use money for family upkeep to accumulate Bitcoin and this can be troublesome, don't accumulate Bitcoin is it's not from your discretionary income because it is from your discretionary income you can use to accumulate Bitcoin, your discretionary income is that your leftover fund after which you might have settled out all necessary things so that you won't sell out when these family upkeeps may come up and in that what you are doing is gambling and not investment.
Not having an emergency fund shouldn't denied you from starting your bitcoin investment you get started if you have your discretionary income and later fixed in your emergency fund along your accumulation process.

Newbies can start investing in Bitcoin once they know how to buy Bitcoin. From there, they can further their learning with whatever they want to learn about Bitcoin. To start investing in Bitcoin doesn't require much knowledge. Bitcoin is really very simple to start once someone has made up their mind that they want to invest in it.Looking for more knowledge before investing in Bitcoin is just a waste of time, and that can even make some lose the opportunity to invest in time.

Newbies don’t need to first focus on emergency funds but should focus mainly on buying Bitcoin first. It is not necessary that someone must have emergency funds before they can start their Bitcoin investment. Emergency funds can be started a few weeks after beginning Bitcoin investment. So, in a few weeks, one can start building emergency funds, which will serve as a backup for unexpected situations while holding Bitcoin.the best advice for newbies is to start buying as money comes into their hands, rather than waiting to build emergency funds first before investing in Bitcoin.

I cannot agree with your words. Because investing does not require much experience and strategic knowledge. You can invest only if you have basic knowledge about Bitcoin and investment. And you can gain experience in investing. Before starting investing, you need to find a source of stable income. If you do not have a stable income source, then you can get out of investing after a few days.

In addition to investing, you need to create an emergency fund and a reserve fund. This is so that you do not have to sell your BTC during an unexpected financial disaster. Put 3 times your stable income in the emergency fund and reserve fund.

If you as an investor wait for the price of Bitcoin to drop before accumulating, it will definitely be difficult for you to buy. You will be prevented from buying Bitcoin. Due to the high volatility of Bitcoin, there can be a significant change in Bitcoin in a short period of time. Those who wait may have to buy Bitcoin at a high price at that time, which will definitely indicate a loss for them. Therefore, for those who plan to hold Bitcoin for the long term, any price of Bitcoin is suitable for buying if they regularly follow DCA for bitcoin. There are many investors who could not hold Bitcoin despite finding a dip in Bitcoin. Because they thought that the price of Bitcoin might go down further but later the price of Bitcoin reached such a high that they refused to buy Bitcoin at that time. Therefore, holding Bitcoin by prioritizing its current value is the most appropriate policy.

As a no coiner, depending only on buying the dip to accumulate bitcoin will also put you in the position of gambling with your bitcoin investment as well because you won't accumulate a good amount of bitcoin waiting for a dip that may not even happen today or tomorrow. Buying the dip is actually good if you have enough liquidity to buy the dip; it easily gives profit and allows you to increase the size of your bitcoin very fast, but before you use the buying the dip strategy to accumulate bitcoin, you need to be accumulating bitcoin with the DCA strategy so that you will be consistent in accumulating bitcoin in the market and be building up your bitcoin portfolio gradually while you patiently wait for a dip to occur, and if a dip doesn't occur, you already have an ongoing DCA strategy that you are using to accumulate bitcoin consistently, and you have nothing to lose.

That is just another common strategy which other people believe easy to execute. But actually of they are there for sure they would just get confused about on when they would placed their position especially that the market movement is confusing and they provably just delay their investment because they keep waiting for that opportunity to come.

For me I don't suggest people to combine any of these 3 strategy since what I want people to learn is be straight to the point on their intention and continue to accumulate whatever the price Bitcoin shows in the market. Buying now would give huge convenience to people because they don't have other unnecessary things to think about.

You should be doing more of reading than posting expecially in this thread so you can understand more and also know the difference between accumulating bitcoin regularly and waiting for the dip to accur before accumulating Bitcoin because your last sentence is not the Best investment strategy as you clam but gambling/trading because you choose to wait for the dip before accumulating Bitcoin so that's never the best investment strategy so you won't mislead other newbies to wait for the dip before accumulating Bitcoin.
The DCA strategy helps you to accumulate Bitcoin at regular interval either accumulating Bitcoin every weeks or months, with the DCA strategy you will no longer be waiting for bitcoin to dip before accumulating because you will accumulating Bitcoin irrespective of the price of Bitcoin rather than waiting for the dip which may or may not happen.

buying the dip is just one of the strategy of buying or accumulating bitcoin, but not the best. one of the best strategy of buying bitcoin is the DCA strategy because you buy without considering the market condition, because buying only the dip makes it looks like a trader or a person who is in for short time profit or taken advantage of the dip in the market. it is best you combine the 3 strategy to make a good accumulation process . 

Yes, those who made short-term investments are panicking now. Because their goal was to sell at $150k plus, but currently the price of Bitcoin is $87k. You will see many people who bought $100k and wanted to sell at the highest price during the bull run, but their plans backfired. So short term investment is always risky, you will face loss instead of profit if you invest in short term.

Those who have long-term plans, are able to hold on in any situation. Currently the market is very volatile, but those with long-term plans still prefer to buy the DCA method. Long-term investors plan to continue holding for 8-10 years or more.

Buying at the dip isn't the best accumulation strategy for a new investor because it keeps you on the waiting zone making you to miss out the opportunity of building and growing your bitcoin portfolio in a fast pace. Waiting is never a good strategy for anyone, because you are waiting for the dip that may or may not occur.

DCA accumulation strategy has given you the opportunity to build and grow your bitcoin investment with part of your discretionary income for 4-10 years and above. As long as you are persistent in accumulating bitcoin every week consistently, your bitcoin portfolio will increase in size overtime. Don't mislead new investors that waiting is the best option for a no-coiner and a low coiner because regrets will be the end when you only have little bitcoin in your portfolio.

I will prefer to accumulate as many bitcoin as possible with DCA  disregard of the price of bitcoin, so that in future I'll have a good size of portfolio than to be waiting and have a small size of bitcoin portfolio at a cheaper rate. It's the quantity of bitcoin that you were able to accumulate that will determine your success in your bitcoin investment journey.

How will you advise someone that has financial crisis to still invest in Bitcoin whether DCA or not, it is very obvious that the investment will not last for long because when we make mention of financial crisis it may be that a person went to take loan or borrow money and haven't pay back or is unable to... or the person took risk and has incured heavy loss, financial crisis encompasses of so many things and I don't think anyone in that situation or State can be able to invest in Bitcoin because there attention will be divided they will lack concentration and like I said earlier if they should try they will sell in loss.