For sure, I have never said that any of the investment process is easy, yet surely many of us realize that it becomes easier with practice and we improve one system at a time, and surely some folks might have some really messed up finances, yet they can still start to invest in bitcoin and little by little improve their various cashflow management systems while they are building their bitcoin investment size, and yeah, maybe many folks have to start out with just investing $10 per week and work theirselves up to higher levels after also fixing aspects of their cashflow management systems and/or practices.
yes JJG no investment process is easy, but it become easier with continuous practice, and nobody should feel discouraged to invest in bitcoin because of his or her income is low no, bitcoin investment doesn't require someone to have a huge amount of money nor to save up a huge amount money before they can start to invest no, rather start with the little amount you can afford weekly or monthly be it $8 or $10 someone can start accumulating bitcoin with it no amount is too small to start with, then as time goes they can figure out how to improve their income and increase their purchasing power.
It is true that practice makes perfect or better but I want you to understand that continuous practice without setting one's mind to actually learn or improve will result to nothing so it is not just about practicing. Yes up till now some people feel they need to have a very big amount of money or big amount of savings before they can start but that is wrong though we need money to fuel or accelerate our investment but one don't have to wait to gather everything first because the more one is gathering and not investing the more opportunity he or she is letting go. But I can not advise anyone that is struggling in life to start investing in Bitcoin because Bitcoin is not get rich quick scheme.
To start investing in Bitcoin, you only need to have patience and the ability to take risks, if you save some of the money you spend in your daily life and invest in Bitcoin every week, then you will have a large portfolio. We can participate in Bitcoin investment by using strategy and intelligence, you should note that if you have bad habits, you can eliminate them and you can save money from there too.
If you start investing in Bitcoin according to the DCA method by adopting all these strategies, then you will definitely get investment success, and investing in the DCA method for a long time will make your investment long-term.
Therefore, this DCA method is the only one that is most suitable for Bitcoin investment.
Lump sum is very good because it helps increase the size of your portfolio fast and you can lump sum when you have extra cash that comes in without any plan for it by buying right away with the money. Buying at the dip is also another strategy that helps you buy bitcoin in a discount price. This is why you have to set up a reserve funds from your discretionary income, which will enable be prepared to take advantage of the dip when it comes.
It's good that you keep your DCA buying ongoing regularly, weekly, consistently and persistently while you lump sum and buy at the dip when the opportunity comes so that you can reach your bitcoin target fast.
If save some of the money you spend in your daily life and invest in Bitcoin every week, then you will have a large portfolio.
You don't need to use funds for your daily up keep to invest into bitcoin. What you need is your discretionary income, so that you can continue investing with that amount consistently and persistently with DCA for 4-10 years and above. If you use money for your important needs to buy bitcoin, you will end up selling it before time.