DCA really is the perfect entry point for newbies, because It removes that pressure of perfect timing”and lets people ease in while learning along the way. Volatility becomes less intimidating when you are not throwing in everything at once......And using discretionary income is a smart angle, because It keeps emotions in check and ensures you are not jeopardizing essentials. Over time, this kind of steady and disciplined approach builds both conviction and confidence are the two things every long term Bitcoiner needs.
When it comes to DCA is the perfect entry points: for anyone interested in investing in Bitcoin, not only beginners. Because the DCA is the ideal way to invest in Bitcoin to gain market peace of mind, I believe it is a great foundation for both newbie’s to Bitcoin and those who have been holding Bitcoin for a long time.
Sure, if someone first started investing at least 10% to 15% of their income in bitcoin 6 years ago, they would now have a big holdings, with how much bitcoin price has increased over the years. That person might be in a strong position now, perhaps we may even call it overaccumulation.
Normally, that is how Bitcoin investments go; everything is a gradual process, which is why I blame those who said anyone interested in investing in Bitcoin should wait to gather enough capital before purchasing the Bitcoin. Because the investment is not about that, which is why they said we should invest the amount we can afford to lose. This means we can invest in Bitcoin with whichever amount we have at that moment. You see, individuals who began their Bitcoin investment with the percentage you specified earlier are now among the tough people who have held Bitcoin for more than 7 years back now, since as Bitcoin prices rise, so the percentage of their income will be also growing.