Bitcoin Investment is all about for discipline in other to succeed if not you will just be at the fence watching, without a normal source which I think you are talking about steady income, you can still have your discretionary income if you are serious about investing into bitcoin, you can get it from any job you do that fetches you income ,even if quarterly, or annual job as long as you have made up your mind and are serious about it, if you can't get discretionary income from your present income is to look for a supportive source of income to make you a bit stable and invest, bitcoin Investment using the dca strategy does not need much money just %10 only whenever you have funds on you and since the t is for a long-term it will be beneficial to you, and if you don't have money to continue your investment, you can pause until you start having money and then continue from where you stop .
I agree, the truth is this makes me remember that on the Spanish board I said something like that and I didn't know that leaving some discretionary income to buy on the dip was a variant of the DCA method, because the DCA method consists of buying daily, weekly, monthly whatever the quota of money to accumulate, I thought that some other income to buy on the dip was another strategy or method and no, it turns out that it is the variant, but it is the safest way to do intelligent DCA work.
You can’t be confused about this, being a Hero member of the forum, how can you say saving money to buy the dip is a variant of Dollar cost average (DCA), and again saying a variant “is the safest way to do intelligent DCA work”, where have you seen a variant better than the original.., that’s by the way.
What you’re saying is just buying the dip and it’s not advisable to keep money aside to buy dips especially if you’re low coiner still in your early stage of accumulating bitcoin. Just DCA regularly and consistently for this is the best strategy for most situations, you can be DCAing regularly and you get to buy at the dips too, just don’t keep money waiting to buy at the dip.
How are you sure that buying the dip when it comes will be more profitable to you, will the price of bitcoin not go higher than it was when you were saving to buy the dip, because for you to really feel the impact of buying the dip , the price of bitcoin need to be more reduced more than the amount of price you have budgeted , then you can now say that you have achieved your aim of buying the dip, if it doesn't happen,then your aiming will not be successful . Waiting for the dip is always dangerous and not encouraging at all avoid it because it is not sure for you buying bitcoin whenever your fund is available.