Bitcoin investment certainly plays the most important role in our income source, but at the same time we will try to strengthen our Bitcoin investment even more. In this case, I want to tell you that in addition to the DCA method, you can add money to your Bitcoin investment in addition to some techniques that not everyone knows. For example, if you invest $ 70 a week, and you can save money from your personal frivolous expenses.
For example, you quit smoking, you go to the park and eat nuts with your girlfriend, drink alcohol, etc. You must see that you will save $ 30 to $ 40 at the end of the week. And you can add this saved money to your Bitcoin investment, and if you can invest (70 + 40) $ 110 a week, then you can definitely invest $ 5720 in Bitcoin at the end of the year.
I will talk about the opposite of bad habits and it is not a bad idea to save money by avoiding bad habits and investing in Bitcoin. However, I will still leave a person free with good habits. Avoiding bad habits is not only beneficial for investment, but to stay healthy and make our life happier, we should avoid bad habits and save some money so that you can work on improving your quality of life.
While investing in DCA for the long term, we should also focus on real life as well as investment and give equal importance. In order to save money, we should not avoid recreational activities in our life so that life becomes boring such as traveling with family, spending some money on hanging out with friends, buying equipment for sports or exercise or going to the movies. I am not against these expenses but encourage you to focus on such recreational activities along with investment.
While investing, you should not take any steps that make investment burdensome or make your life difficult. It may seem natural to think that if I save money by not hanging out with friends or saving money by not going on trips with family, it might be better for my investments and I would move faster towards my goals. But it is important to remember that money alone cannot make you happy.