Buy the DIP, and HODL!

[Agbamoni]

You are getting it all wrong because reducing your accumulation amounts if you are having some financial challenges can never lead you into giving up an investment because if the the source of income is low and the needs are a little bit high cutting down a bit of your accumulation will actually allow you to balance, however on the contrary your narrative on or rather your mindset could lead you into trouble on your investment if you are not able to Identify when the need to adjust your accumulation amounts arises, however if I may ask for instance your normal weekly accumulation is $20 while your monthly salary is $100 but on the process your salary drops to $60 on a monthly basis and your needs has increase would you reduce your accumulation amounts to either $5 or $10 weekly? Or would you continue with your normal $20 weekly?, because for me at this points $20 weekly is actually being aggressive and could get you into trouble.

t's okay to adjust your investment strategy as your circumstances change. The goal is to prioritize your well-being while still building a secure financial future. Meanwhile it may sound easy for old investors while new investors find it very challenging, and they do not the right approach during such situation. If an investor new or old is using dca as his investment strategy then it is quite simple here, since dca involves investing a particular percentage, what we should do is to calculate the right percentage based on the new income rate so that there will be still balance in the investment and other necessary things.

Also, at this point if the investor was buying aggressively or was diversifying into other assets he needs to stop for some time, the criteria should be finding a way to come back up with enough money which means it is good he channel the money into other business or something that would give him more money so that he would go back to the way things were or more.

[laijsica]

Although  at the end we should come to a total of $40 but  anything less won't give us a $40  however, when I'm finally back to $100 it might be a little bit hard to switch back to $20/week as I'm pretty much used to investing $10/week

A good pattern and I believe your source of income is not only salary, there is another and so it will be very easy to continue to make purchases continuously.

I use DCA if indeed my salary results have shown normal conditions and the most I prioritize Buy BTC if my performance benefits are paid so that I also consider it as fresh funds that I can use up to 20% of the total. The important thing is that I have started with real calculations.

I believe the doubling of the value of my investment in BTC in the future is not mere nonsense and will become a reality in the future.

I believe it.

Yes you are right that if we have multiple sources of income it can be easier to manage our DCA and increase the investment at a higher rate in stages. BTC deposit strategy following DCA strategy is comparatively very easy and regular and buying habit can give very high profit later and definitely safe fund for you. You consider it your fund and it is a very good decision to hold BTC. But you have to take care of this fund and to keep it running regularly and uninterruptedly, investment experts recommend following certain methods. You must have some cash that you can use or spend during emergencies without interfering with your investment funds. Because you may not get back your original margin if the investment fund is withdrawn midway for emergency needs, so it is important to keep an emergency fund of 3-6 months to reach your desired goal and continue investing for a long time. Everyone wants to hold for a long time to protect their investments.

[Tmoonz]

[edited out]

What I was trying to say is that, if you are working and you are been paid $1500 a month and you are investing $300 every week on Bitcoin you are investing aggressively because if you invest $300 every week you will be lift with $300 how then can you save your emergency, reserves and float funds remember this emergency, reserves and float funds those not just appear you save for it and you keep saving for it.

To me it is still confusing, since in order to figure out if something is overly aggressive or not, we still need to start with figuring out what is our discretionary income, so you need to start by showing income as compared with expenses in order to show what is the discretionary income.  So from my point of view you seem to be assuming too many things, and sure you might be correct in some of those assumptions.

Another thing that I already mentioned is that if your emergency fund, reserves and float is already in place, then there would be no need to build them or have money for them because they are already there.  However, if you are building them up, then surely they get built up from the discretionary income, so that takes away from how much discretionary income that you would have left for investing into bitcoin.

Any prudent person would not decide how much to invest into bitcoin prior to knowing his discretionary income, even though you may well be implying that the amount selected is within discretionary income, while at the time trying to provide an example that is obviously over the top, but you should not get that extreme (or also unrealistic from my point of view), since like I already said you need to give some kind of numbers for expenses so that we know how much money we have, and if you are saying that the whole $1,500 is discretionary income because the expenses have already been taken care of, even that seems unrealistic even for a guy who might be living with his parents.  Everyone has some levels of expenses.

Another mistake that many of you are making is to presume that there are 4 weeks in a month, when the fact of the matter is that there is like 4.33 weeks in a month (remember 52 weeks in a year, not 48 weeks), so that makes a difference.

From the dictionary Discretionary income is the amount of an individual's income that is left for spending, investing, or saving after paying taxes and paying for personal necessities, such as food, shelter, and clothing. Discretionary income includes money spent on luxury items, vacations, and nonessential goods and services.

I agree with you I should have written the discretionary income in the example I gave in other to make it more understanding to people.
If after setting aside money for your expenses for that month and you have already established your emergency, reserves and float funds like you said I think you can use your Discretionary income to invest on Bitcoin and I think that way you are not over investing.

Just as @JayjuanGee will usually say that you can only invest disposable and discretional income such that if you don't have your life expenses or needs covered up, then you may end up gambling with your investment by attenting to sell too soon or early, it is best you have your personal life needs and emergency funds sufficiently covered up, and by definition, you needed to have either income or side amount of savings that is greater than your expenses in order to be able to invest and if you do no have such access then you are gambling than investing.That is true as it is your discretional and disposable income after taken care of your personal needs and provisional emergency which are most important before investmenting in Bitcoin that gives you a good mindset of investing only the money that you are not going to make use of which will help in building a good psychology towards your investment in terms of investmenting not more than what you can afford to lose because you were able to satisfy your personal needs comfortably before considering Bitcoin investment and that will enable you have a good peace of mind needed to make an informed decisions that will accompany you in your accumulation process or journey.

Although  at the end we should come to a total of $40 but  anything less won't give us a $40  however, when I'm finally back to $100 it might be a little bit hard to switch back to $20/week as I'm pretty much used to investing $10/week

A good pattern and I believe your source of income is not only salary, there is another and so it will be very easy to continue to make purchases continuously.

I use DCA if indeed my salary results have shown normal conditions and the most I prioritize Buy BTC if my performance benefits are paid so that I also consider it as fresh funds that I can use up to 20% of the total. The important thing is that I have started with real calculations.

I believe the doubling of the value of my investment in BTC in the future is not mere nonsense and will become a reality in the future.

I believe it.

There is no guarantee as to that regards and it is good we build our psychology in that manner of considering both positive and negative outcomes of our investment, every business comes with it shares of gain and loss hence, building your psychology in terms of positive and negative outcomes of your investment and if possibly consider a worst case scenerio which may or may not happen. However, it is a good thing for the love and commitment majority of us have as regards to the potential Bitcoin holds but yet there is no guarantee or certainty of having the double of the value of our investment in btc in the future, but we might still need  to have or consider what we believe to have possibilities as it gives us that mindset to focus more on what can be achieved rather than thinking about limitations.

[Obim34]

Imo if someone is experiencing any financial situation or problem, is better to reduce their amount for accumulating for a while than stopping totally.

The word Reduce   isn't a bad I deal actually but could go a long way in determining the rate at which the investment plan is being reduced not actually against it but it might bring about getting to give up on investment maybe.... instead increasing the time intervals in one investment should be a better idea just saying..... with this there shouldn't  be any decrease in one's investment plan but increase at the time between which the investing will be done  without having to stress it the hard way

You are getting it all wrong because reducing your accumulation amounts if you are having some financial challenges can never lead you into giving up an investment because if the the source of income is low and the needs are a little bit high cutting down a bit of your accumulation will actually allow you to balance, however on the contrary your narrative on or rather your mindset could lead you into trouble on your investment if you are not able to Identify when the need to adjust your accumulation amounts arises, however if I may ask for instance your normal weekly accumulation is $20 while your monthly salary is $100 but on the process your salary drops to $60 on a monthly basis and your needs has increase would you reduce your accumulation amounts to either $5 or $10 weekly? Or would you continue with your normal $20 weekly?, because for me at this points $20 weekly is actually being aggressive and could get you into trouble.

Yes, all what you said is right. There is every need to be able to detect when and how to strategies our accumulating process to be as much comfortable without resulting to not living comfortable after investing. Cutting off our DCA amount is not a bad idea, in as much the need arises. It is suppoossingly something of vice versa, if the salary declines there is a need to cut the accumulation amount and if there is an increase aswell it is better to also increase the accumulating amount.

@Roseline492 don't you think a person earning a salary of $100 monthly mean while investing $20 weekly is very much aggressive, I know it is just for an instance but at most examples like this should be more realistic. Out of that $100, a good investor is entitled to keep his emergency/reserve funds and also carry out his DCA approach yet live very conveniently.

[Rustam Meraj]

Yes you are right that if we have multiple sources of income it can be easier to manage our DCA and increase the investment at a higher rate in stages. BTC deposit strategy following DCA strategy is comparatively very easy and regular and buying habit can give very high profit later and definitely safe fund for you. You consider it your fund and it is a very good decision to hold BTC. But you have to take care of this fund and to keep it running regularly and uninterruptedly, investment experts recommend following certain methods. You must have some cash that you can use or spend during emergencies without interfering with your investment funds. Because you may not get back your original margin if the investment fund is withdrawn midway for emergency needs, so it is important to keep an emergency fund of 3-6 months to reach your desired goal and continue investing for a long time. Everyone wants to hold for a long time to protect their investments.

Yes you make valid point that having multiple sources of income make it easier to invest regularly means day by day or week by week or even month by month and increase your investment. Investing in Bitcoin using regular deposit strategy (DCA) is great way to grow your money and keep it safe. It is good idea to think about this investment for long term and always try  to keep adding money into it. It is also good that you should have some extra money to keep it separate in case of emergency so you will not withdraw from your investment when market go down or you are in loss.

[Miles2006]

You are getting it all wrong because reducing your accumulation amounts if you are having some financial challenges can never lead you into giving up an investment because if the the source of income is low and the needs are a little bit high cutting down a bit of your accumulation will actually allow you to balance, however on the contrary your narrative on or rather your mindset could lead you into trouble on your investment if you are not able to Identify when the need to adjust your accumulation amounts arises, however if I may ask for instance your normal weekly accumulation is $20 while your monthly salary is $100 but on the process your salary drops to $60 on a monthly basis and your needs has increase would you reduce your accumulation amounts to either $5 or $10 weekly? Or would you continue with your normal $20 weekly?, because for me at this points $20 weekly is actually being aggressive and could get you into trouble.

t's okay to adjust your investment strategy as your circumstances change. The goal is to prioritize your well-being while still building a secure financial future. Meanwhile it may sound easy for old investors while new investors find it very challenging, and they do not the right approach during such situation. If an investor new or old is using dca as his investment strategy then it is quite simple here, since dca involves investing a particular percentage, what we should do is to calculate the right percentage based on the new income rate so that there will be still balance in the investment and other necessary things.

Also, at this point if the investor was buying aggressively or was diversifying into other assets he needs to stop for some time, the criteria should be finding a way to come back up with enough money which means it is good he channel the money into other business or something that would give him more money so that he would go back to the way things were or more.

Basically the reason why it’s best to adjust is because we want the best for our bitcoin investment, the reason why I mentioned investment is because if an investor refuse to adjust for awhile when facing challenges the investor might end up finishing their emergency funds which is not advisable and when there’s no room for adjustment I believe the investor will go for his reserve and other funds which make their accumulation go smoothly and will end up withdrawing his bitcoin investment so quickly because there’s no sufficient money to balance their needs. I’m just creating an example so at this point the investor will be tag as a greedy investor who loss at end. Sometimes I reason generally, people chase after big things and end up losing it so quickly, why not adjust for awhile till when there’s a better source of income cause I’m sure adjusting using a different amount can still build a good portfolio if only the investor continues without missing the date set for accumulating. Secondly if we adjust due to challenges, we can still increase after everything and sometimes we end up earning higher and increase far beyond previous amount. What I understood by buying aggressive and I practice is it takes gradual process not just going all into at once, I will definitely increase my accumulation amount as time goes on at my comfortable zone cause there’s no law that state dca strategy must go with a fixed amount rather you can increase anytime you have the amount.

[Mayor of ogba]

Imo if someone is experiencing any financial situation or problem, is better to reduce their amount for accumulating for a while than stopping totally.

The word Reduce  isn't a bad I deal actually but could go a long way in determining the rate at which the investment plan is being reduced not actually against it but it might bring about getting to give up on investment maybe.... instead increasing the time intervals in one investment should be a better idea just saying..... with this there shouldn't  be any decrease in one's investment plan but increase at the time between which the investing will be done  without having to stress it the hard way

If you are having financial difficulties in the process of accumulating bitcoin with the DCA strategy, there is a need for you to reduce your DCA accumulation amount so that you can adjust your expenses to the new funds you are receiving at the end of each month. It is only if you stick with your old DCA accumulation amount that you will want to give up on accumulating bitcoin because you will be using most of your money to accumulate bitcoin. The money you will have left will not be enough to take care of living expenses, and you will get tired of accumulating bitcoin because you are struggling to meet your living expenses. Secondly, what will also make you give up on your investment is when you stop accumulating bitcoin. Imagine accumulating bitcoin worth $50, and in the process of accumulation, you start having a financial problem and decide to stop accumulating bitcoin. You will wake up one morning and sell your bitcoin investment because you aren't accumulating bitcoin again, and the amount of money you invested in bitcoin before you stopped accumulating it is small. Reducing your bitcoin accumulation amount will not make you give up on your bitcoin accumulation plan, but it will help you to accumulate bitcoin and also solve your living expenses easily.

[Uhwuchukwu53]

Imo if someone is experiencing any financial situation or problem, is better to reduce their amount for accumulating for a while than stopping totally.

The word Reduce  isn't a bad I deal actually but could go a long way in determining the rate at which the investment plan is being reduced not actually against it but it might bring about getting to give up on investment maybe.... instead increasing the time intervals in one investment should be a better idea just saying..... with this there shouldn't  be any decrease in one's investment plan but increase at the time between which the investing will be done  without having to stress it the hard way

If you are having financial difficulties in the process of accumulating bitcoin with the DCA strategy, there is a need for you to reduce your DCA accumulation amount so that you can adjust your expenses to the new funds you are receiving at the end of each month. It is only if you stick with your old DCA accumulation amount that you will want to give up on accumulating bitcoin because you will be using most of your money to accumulate bitcoin. The money you will have left will not be enough to take care of living expenses, and you will get tired of accumulating bitcoin because you are struggling to meet your living expenses. Secondly, what will also make you give up on your investment is when you stop accumulating bitcoin. Imagine accumulating bitcoin worth $50, and in the process of accumulation, you start having a financial problem and decide to stop accumulating bitcoin. You will wake up one morning and sell your bitcoin investment because you aren't accumulating bitcoin again, and the amount of money you invested in bitcoin before you stopped accumulating it is small. Reducing your bitcoin accumulation amount will not make you give up on your bitcoin accumulation plan, but it will help you to accumulate bitcoin and also solve your living expenses easily.

That is just the simple truth, that's why we keep on discussing that one should not over invest because if you over invest where you find it deficult it will still require cutting down, the best is to start small when you accelerate to certain financial standard where you have seen that increasing your accumulation won't worry one can increase because over investing makes you too worried if good  reserve is not there to sustain your daily responsibilities.

[Salahmu]

I use DCA if indeed my salary results have shown normal conditions and the most I prioritize Buy BTC if my performance benefits are paid so that I also consider it as fresh funds that I can use up to 20% of the total. The important thing is that I have started with real calculations.

I don't quit understand the point you are trying to make because it seems you don't understand much about the use of DCA because from your Statment you seem to presume DCA strategy is only a method that requires huge amount of money before utilizing it because I wonder why you would only use DCA strategy only when your salary is normalized, however I want to inform you that the use of DCA strategy doesn't only involves an investor that has a huge capital but also someone who doesn't have much funds because their is no discrimination in terms of DCA usage.

Perhaps even if you are earning $50 in a monthly basis you can still be consistent on either weekly or monthly accumulation of Bitcoin, for instance since your total monthly funds is $50 you can strategize your accumulation plans to monthly basis using $10 because going above that can easily affect your investment but however if on the process your salary increases or having more other source of income you can then bring it down to a weekly accumulation.

[BABY SHOES]

I use DCA if indeed my salary results have shown normal conditions and the most I prioritize Buy BTC if my performance benefits are paid so that I also consider it as fresh funds that I can use up to 20% of the total. The important thing is that I have started with real calculations.

I don't quit understand the point you are trying to make because it seems you don't understand much about the use of DCA because from your Statment you seem to presume DCA strategy is only a method that requires huge amount of money before utilizing it because I wonder why you would only use DCA strategy only when your salary is normalized, however I want to inform you that the use of DCA strategy doesn't only involves an investor that has a huge capital but also someone who doesn't have much funds because their is no discrimination in terms of DCA usage.

Perhaps even if you are earning $50 in a monthly basis you can still be consistent on either weekly or monthly accumulation of Bitcoin, for instance since your total monthly funds is $50 you can strategize your accumulation plans to monthly basis using $10 because going above that can easily affect your investment but however if on the process your salary increases or having more other source of income you can then bring it down to a weekly accumulation.

But maybe what he means is that his current monthly salary is not enough to do the DCA method so he says wait for the normal time for his payday, usually so the basic salary is just right for his needs so we assume this is normal because we never know other people's income.

If what he says is more of a lumpsum purchase let alone going to buy bitcoin using 20% lump sum money whatever the method is go ahead if you believe in bitcoin investment do what you can to buy bitcoin as a future asset.

$50 monthly salary will not be enough to make ends meet especially when they already have a family and children then it will not be enough to do DCA but I don't know if in other countries $50 is enough for one month, for me it's better to find other sources of income then these funds can be accumulated for DCA every time you get for example once a month.

[JayJuanGee]

Meanwhile not all the countries that are using dollars are using are using the same dollars. We have the Canadian dollar,  Australian dollar, Zimbabwe dollar, United States dollar, and these dollars don't have same value in the stock exchange or money market. So next when make a post it will be helpful to other readers if you are more specific with your statement as it will avoid some unnecessary debate and argument.

Presumptively, unless someone specifies which kind of dollars that they are using, we are going to presume that they are talking about USD US dollars, if they are referring to dollars.. so I doubt that saying dollars is ambiguous... and surely if they are referring to some other kind of dollar, then they should clarify their reference and maybe even suggest why they might need to refer to such different currency, if it is not clear from the contents of their post.

[edited out]

From the dictionary Discretionary income is the amount of an individual's income that is left for spending, investing, or saving after paying taxes and paying for personal necessities, such as food, shelter, and clothing. Discretionary income includes money spent on luxury items, vacations, and nonessential goods and services.

So fucking what that whatever dictionary you read has some further explanations, and are you even contesting that the most basic idea of discretionary income and the way that we are talking about discretionary income in this thread has to do with figuring out the difference between your income and your expenses?

I am suggesting that you need to be way more specific, and I am even providing you with fairly straight-forward guidelines regarding how to clarify your points, and then you come up with some mumbo jumbo technical dictionary explanation that does not even mention the idea of the difference between income and expenses as being the main idea that I am trying to get you to focus upon. .but for some reason you don't believe it?  What I am saying does not make sense to you?  Do you disagree or you just want to continue to spout out vague ideas without getting into the basic starting point concepts of comparing income to expenses in order to arrive at discretionary income?

I agree with you I should have written the discretionary income in the example I gave in other to make it more understanding to people.  If after setting aside money for your expenses for that month and you have already established your emergency, reserves and float funds like you said I think you can use your Discretionary income to invest on Bitcoin and I think that way you are not over investing.

Maybe you are staring to get it?  I feel like I am repeating myself, but at least you are mentioning expenses in terms of your consideration, yet you still seem to believe that expenses are some kind of variable that is all over the place, when they usually can be established in terms of some of the expenses are fixed and other expenses are discretionary.. Some expenses can be deferred and others have to be paid right away, and surely there is variance in terms of fixed and discretionary expenses, because sometimes fixed expenses can also be deferred and frequently there will be costs involved with deferring fixed expenses., but anyhow, the punchline, as I already attempted to proclaim, several times, is to start by figuring out your income minus your expenses in order to figure out your discretionary income.. and also as I already mentioned, you may or may not already have various systems of emergency funds, reserves and cash floats that you are in the habit of maintaining, and to the extent that they might be inadequate, then they are going to be built up from your discretionary income.. which means that it is after you have already figured out your expenses and to the extent that sometimes some of the expenses can be cut and/or deferred too, which could end up affecting how well you can build up any reserve funds that you have or how much you might be wanting (or able to) invest into bitcoin, whether we are calculating monthly or weekly or some other ways of categorizing timelines to measure your discretionary income..  another term for discretionary income is disposable income.. .which largely refers to the same concept but sometimes people will talk about disposable income to refer to extra income that they have after they have accounted for their expenses.

Imo if someone is experiencing any financial situation or problem, is better to reduce their amount for accumulating for a while than stopping totally.

Edited out

You are getting it all wrong because reducing your accumulation amounts if you are having some financial challenges can never lead you into giving up an investment because if the the source of income is low and the needs are a little bit high cutting down a bit of your accumulation will actually allow you to balance, however on the contrary your narrative on or rather your mindset could lead you into trouble on your investment if you are not able to Identify when the need to adjust your accumulation amounts arises, however if I may ask for instance your normal weekly accumulation is $20 while your monthly salary is $100 but on the process your salary drops to $60 on a monthly basis and your needs has increase would you reduce your accumulation amounts to either $5 or $10 weekly? Or would you continue with your normal $20 weekly?, because for me at this points $20 weekly is actually being aggressive and could get you into trouble.

This shouldn't  be very hard actually.... all you need is increasing the time interval still you find a way to get back to your $100 and if you actually read carefully I didn't totally go against the reduction  but I wasn't totally in support with it .
Let's break it down
I am a worker, I get a monthly  salary of 100 bucks.... my DCA $20 weekly  fir total $80 monthly taking the remaining 20 bucks for expenses

why are you guys coming up with such dumb examples in which guys have an income of $100, and they are able to invest 80% into bitcoin because their monthly expenses are ONLY $20.  It hardly makes any sense.

Now I got a slice on my monthly pay of 40 bucks  and  I now earn $60 monthly..
How can I do this by not reducing  my DCA value... I shifted my DCA to 2weeks interval $20  making $40  a month with same $20 left for my expenses.... instead of reducing and getting comfortable  with a new DCA  of $10/week  

Although  at the end we should come to a total of $40 but  anything less won't give us a $40  however, when I'm finally back to $100 it might be a little bit hard to switch back to $20/week as I'm pretty much used to investing $10/week

These points kind of make sense, even though your numbers do not seem very realistic in terms of monthly expenses for anyone being ONLY 20% of their income, unless the person is in a more rich category.. so for example a person might be living in a place in which his expenses are only a few hundred a month, and his salary is $1k to $2k per month, but yeah, maybe you guys need to describe how you are coming up with examples of ONLY having expenses of $20 per month and how that might be realistic and also how the same guy might have an income of between $60 to $100 per month?  Sure there could be some situations of informal economy and maybe you live on a farm and you raise your own food or you trade your food for someone else's food and maybe you perform labor in order to live in your house, and you don't have to pay electricity because it is free or it does not exist... but still the numbers see strange, even though surely I know some folks do have real low incomes.. yet are we even being realistic?

[promise444c5]

These points kind of make sense, even though your numbers do not seem very realistic in terms of monthly expenses for anyone being ONLY 20% of their income, unless the person is in a more rich category.. so for example a person might be living in a place in which his expenses are only a few hundred a month, and his salary is $1k to $2k per month, but yeah, maybe you guys need to describe how you are coming up with examples of ONLY having expenses of $20 per month and how that might be realistic and also how the same guy might have an income of between $60 to $100 per month?  Sure there could be some situations of informal economy and maybe you live on a farm and you raise your own food or you trade your food for someone else's food and maybe you perform labor in order to live in your house, and you don't have to pay electricity because it is free or it does not exist... but still the numbers see strange, even though surely I know some folks do have real low incomes.. yet are we even being realistic?

$20 per month is obviously a random value
Sure it wasn't  realistic....
I was just only following the previous example so not making a twist i did use same values just for the exp.
But to be Frank we still have some workers over here earning below $100 monthly which is why our government sucks

[CcnoutChopper19]

This shouldn't  be very hard actually.... all you need is increasing the time interval still you find a way to get back to your $100 and if you actually read carefully I didn't totally go against the reduction  but I wasn't totally in support with it .
Let's break it down
I am a worker, I get a monthly  salary of 100 bucks.... my DCA $20 weekly  fir total $80 monthly taking the remaining 20 bucks for expenses

why are you guys coming up with such dumb examples in which guys have an income of $100, and they are able to invest 80% into bitcoin because their monthly expenses are ONLY $20.  It hardly makes any sense.

Yup you're right, at first glance it doesn't make much sense to have that much left over, is that like saying that a person only needs a drink to keep them alive? No, that's too small to be the amount of expenses for everyone alive. Quite the opposite is true, which is the fact that sometimes people have expenses that are much larger than what they earn each month.

Regardless of how much they make each month, whether it's $100 or more or whatever, I honestly don't believe that they only have 20% of their expenses for the entire month. Furthermore, I think allocating an amount that's too large like 80% or more is definitely an allocation that would make me feel very tense and probably a lot of anxiety, because I'll never lose sight of the fact that investing is always a risky activity anyway, and I think it's unlikely that someone would be able to justify their decision if their allocation is that large. Another thing for me and I think the best approach to accumulation is to allocate 20% to bitcoin, keep 20% as an emergency fund for things that might happen unexpectedly, and the remaining 60% to make ends meet.

[Ambatman]

examples of ONLY having expenses of $20 per month and how that might be realistic and also how the same guy might have an income of between $60 to $100 per month?  Sure there could be some situations of informal economy and maybe you live on a farm and you raise your own food or you trade your food for someone else's food and maybe you perform labor in order to live in your house, and you don't have to pay electricity because it is free or it does not exist... but still the numbers see strange, even though surely I know some folks do have real low incomes.. yet are we even being realistic?

It's possible in my country to have total expenses a month as or lower than $20. Though my country don't use dollar but the equivalent of $20 can sustain an individual as expense for a month
Well I guess our economy can be attributed to it.

why are you guys coming up with such dumb examples in which guys have an income of $100, and they are able to invest 80% into bitcoin because their monthly expenses are ONLY $20.  It hardly makes any sense

Sure I agree this doesn't make sense
The higher the income the higher the expenditure Ceteris paribus. Expenses making just 20% of your income is quite rare to see unless maybe the person is a miser.

But to be Frank we still have some workers over here earning below $100 monthly which is why our government sucks

What's the essence of increasing minimum wage when the expenses borne by the employers especially private institution would be transferred to their goods or services
It's like a circle if nothing is done to correct it.
Not supporting the government but I don't think increasing salary is The solution to our problem currently.

[letteredhub]

Imo if someone is experiencing any financial situation or problem, is better to reduce their amount for accumulating for a while than stopping totally.

Edited out

You are getting it all wrong because reducing your accumulation amounts if you are having some financial challenges can never lead you into giving up an investment because if the the source of income is low and the needs are a little bit high cutting down a bit of your accumulation will actually allow you to balance, however on the contrary your narrative on or rather your mindset could lead you into trouble on your investment if you are not able to Identify when the need to adjust your accumulation amounts arises, however if I may ask for instance your normal weekly accumulation is $20 while your monthly salary is $100 but on the process your salary drops to $60 on a monthly basis and your needs has increase would you reduce your accumulation amounts to either $5 or $10 weekly? Or would you continue with your normal $20 weekly?, because for me at this points $20 weekly is actually being aggressive and could get you into trouble.

This shouldn't  be very hard actually.... all you need is increasing the time interval still you find a way to get back to your $100 and if you actually read carefully I didn't totally go against the reduction  but I wasn't totally in support with it .
Let's break it down
I am a worker, I get a monthly  salary of 100 bucks.... my DCA $20 weekly  fir total $80 monthly taking the remaining 20 bucks for expenses
Now I got a slice on my monthly pay of 40 bucks  and  I now earn $60 monthly..
How can I do this by not reducing  my DCA value... I shifted my DCA to 2weeks interval $20  making $40  a month with same $20 left for my expenses.... instead of reducing and getting comfortable  with a new DCA  of $10/week  

Although  at the end we should come to a total of $40 but  anything less won't give us a $40  however, when I'm finally back to $100 it might be a little bit hard to switch back to $20/week as I'm pretty much used to investing $10/week

Yeah it shouldn't be very hard but you kinda making it potentially go hard for you, by trying to be aggressive with your investment giving no room for flexibility in line with the adjustment in that have been made with your monthly salary. It may look simple for you to contain at the beginning if you go with $20 DCA even as your salary has been slashed but in the process when other emergency needs arises unplanned for it's gonna affect your investment. Adjusting to the current situation doesn't make you weak, it's also another model of contingent strategy in making for a successful investment.

[promise444c5]

What's the essence of increasing minimum wage when the expenses borne by the employers especially private institution would be transferred to their goods or services
It's like a circle if nothing is done to correct it.
Not supporting the government but I don't think increasing salary is The solution to our problem currently.

[Off] Not saying the minimum wage or salary should be increased but there's alot attached to the government.... and this shouldn't be discussed here as it's completely  off topic to the thread.
....

Yeah it shouldn't be very hard but you kinda making it potentially go hard for you, by trying to be aggressive with your investment giving no room for flexibility in line with the adjustment in that have been made with your monthly salary. It may look simple for you to contain at the beginning if you go with $20 DCA even as your salary has been slashed but in the process when other emergency needs arises unplanned for it's gonna affect your investment. Adjusting to the current situation doesn't make you weak, it's also another model of contingent strategy in making for a successful investment

You guys aren't getting it though  its not actually going hard infact it's just as flexible as reducing your investment plan but my suggestion is just increasing the time interval which I think is much more better than slashing your investment everything you have a low pay

[ginsan]

I don't quit understand the point you are trying to make because it seems you don't understand much about the use of DCA because from your Statment you seem to presume DCA strategy is only a method that requires huge amount of money before utilizing it because I wonder why you would only use DCA strategy only when your salary is normalized, however I want to inform you that the use of DCA strategy doesn't only involves an investor that has a huge capital but also someone who doesn't have much funds because their is no discrimination in terms of DCA usage.

Perhaps even if you are earning $50 in a monthly basis you can still be consistent on either weekly or monthly accumulation of Bitcoin, for instance since your total monthly funds is $50 you can strategize your accumulation plans to monthly basis using $10 because going above that can easily affect your investment but however if on the process your salary increases or having more other source of income you can then bring it down to a weekly accumulation.

In fact, DCA is very practical and easy for beginners to apply, especially in long-term investments. In DCA we don't need technical analysis because we only execute it when the time comes, for example once a week. If we invest in a year we make bitcoin purchases 48 times a year so we can imagine that we will find the lowest price which may be difficult to do by other means other than DCA. So, if you are determined for the long term, then apply DCA in the investment you make.

I think an income of $50 per month is of course quite a small income, in fact no company pays its employees $50 per month. I don't think it's too much of a burden for people to invest $10 per week because that's a nominal amount that is easily within everyone's reach, but yes, it comes down to each individual. If they are addicted to gambling then whether it is small or large, the income they earn is of course not enough. So it is not surprising that gamblers fail to invest in every available opportunity.

[JayJuanGee]

What I understood by buying aggressive and I practice is it takes gradual process not just going all into at once, I will definitely increase my accumulation amount as time goes on at my comfortable zone cause there’s no law that state dca strategy must go with a fixed amount rather you can increase anytime you have the amount.

I think that the general idea is that DCA is a certain amount of your discretionary income, and the more aggressive that you are with it, then the more likely that it is going to vary every month (even if you are buying weekly) because if you are trying to invest close to 100% of your discretionary income into bitcoin, then there is likely going to be some variance in the amounts.

The lower the percentage of the DCA amount within your discretionary income, then the more likely that you can establish it as a fixed amount, so then the rest of your discretionary income will still give you various other kinds of flexibilities in terms of either goods/services that you would like to buy or if you might be just holding some of the remaining part of that discretionary income in terms of having a higher float or building more reserves - that also might have some assigned purposes.

From my understanding DCA does not have to have any kind of exact fixed amount, even though it is based on some level of regularity in regards to when your income comes in and you consider parts of it to be discretionary to be able to invest into bitcoin. 

I think that a lot of people like to consider DCA as a fixed dollar amount, and there is nothing wrong with that, especially since there can be a lot of conveniences in terms fo having a fixed dollar amount, whether weekly or some other period of time... set it and forget it kinds of ideas... though I also do not like automated DCA, even though sometimes automated could be way more convenient for people so they do not have to remember to do it, and they may well be busy at certain periods and forget to do their DCA manually.

These points kind of make sense, even though your numbers do not seem very realistic in terms of monthly expenses for anyone being ONLY 20% of their income, unless the person is in a more rich category.. so for example a person might be living in a place in which his expenses are only a few hundred a month, and his salary is $1k to $2k per month, but yeah, maybe you guys need to describe how you are coming up with examples of ONLY having expenses of $20 per month and how that might be realistic and also how the same guy might have an income of between $60 to $100 per month?  Sure there could be some situations of informal economy and maybe you live on a farm and you raise your own food or you trade your food for someone else's food and maybe you perform labor in order to live in your house, and you don't have to pay electricity because it is free or it does not exist... but still the numbers see strange, even though surely I know some folks do have real low incomes.. yet are we even being realistic?

$20 per month is obviously a random value
Sure it wasn't  realistic....
I was just only following the previous example so not making a twist i did use same values just for the exp.
But to be Frank we still have some workers over here earning below $100 monthly which is why our government sucks

I don't have any problem with the idea that some folks earn very low amounts, such as $100 per month or maybe even lower, yet I have some difficulties imagining scenarios in which persons at those same levels would be ready, willing and able to invest 80% or whatever into bitcoin.. That hardly makes any sense absent some further explanation, as I suggested some explanations in which a person could have some ways of getting food through farming or services or otherwise having various expenses paid for in terms of lodging - but at the same time, even if some folks might have some really strange circumstances, those do not make very good examples, unless we explain the circumstances, and another thing that I already mentioned several times is that a lot of people (whether poor or not) have really difficult times even investing and/or saving 10% or more of their income, so when we are coming up with examples that are presuming sustainable abilities to invest even greater than 30%, then I am going to question those circumstances, including questioning if they are either sustainable, long term or maybe just trying to play the wave by gambling and using money that you cannot afford to set aside for 4-10 years or longer, which are the kinds of longer term strategies that we are aiming to discuss in a thread like this... . .

[edited out]

Another thing for me and I think the best approach to accumulation is to allocate 20% to bitcoin, keep 20% as an emergency fund for things that might happen unexpectedly, and the remaining 60% to make ends meet.

Even those kinds of numbers of being able to have 40% discretionary income come off as a bit unrealistic in terms of typical situations that people find themselves in, and you might even be using the term emergency fund wrong, since you seem to be referring to having an extra amount of money as a kind of float in the month to cover unexpected other expenses that might come up.  An emergency fund is generally something that is built up and would likely be a minimum of 3 months, and it should hardly ever be touched since the guy should have other funds that are available so that he never has to touch his emergency fund absent an actual emergency.. and so the size and the maintenance of the emergency fund becomes ever more important with any kind of volatile investment such as bitcoin, since we likely should be investing into bitcoin for the long term of 4-10 years or longer, so we don't want to be getting ourselves into any kind of situation in which we have to touch any of our bitcoin during that period for any reason, except our complete own choosing.. and based on various aspects of our investment thesis playing out or BTC levels accumulating to sufficiently high levels that we are moving away from accumulation and into other kinds of stages (practices).

[Ambatman]

Another thing for me and I think the best approach to accumulation is to allocate 20% to bitcoin, keep 20% as an emergency fund for things that might happen unexpectedly, and the remaining 60% to make ends meet.

Imo i believe the optimum allocation is subjective based on individuals income, country, goal, and attitude towards risk.
The DCA amount allocated for the month
I guess doesn't have to be once a month but could be spread across the days in a month especially during a correction or dip.

I think an income of $50 per month is of course quite a small income, in fact no company pays its employees $50 per month. I don't think it's too much of a burden for people to invest $10 per week because that's a nominal amount that is easily within everyone's reach, but yes, it comes down to each individual

I guess this should be in your country and based on what you believe is nominal as investment.
A person receiving a huge income doesn't necessarily mean they have much idle funds for investment
There are individuals choked up with expenses and responsibilities that is quite hard investing more than 10% of their income.
The best is investing as a capacity leads
Buy with spare funds and hide the balance
It would shock you one day the amount you would find there when you go finally check.

[Off] Not saying the minimum wage or salary should be increased but there's alot attached to the government.... and this shouldn't be discussed here as it's completely  off topic to the thread.

I guess it is.
The differences existing when it comes to humans is the reason no Economics theory are proposed without constancy
What works here won't work there.

[Popkon6]

I don't quit understand the point you are trying to make because it seems you don't understand much about the use of DCA because from your Statment you seem to presume DCA strategy is only a method that requires huge amount of money before utilizing it because I wonder why you would only use DCA strategy only when your salary is normalized, however I want to inform you that the use of DCA strategy doesn't only involves an investor that has a huge capital but also someone who doesn't have much funds because their is no discrimination in terms of DCA usage.

Perhaps even if you are earning $50 in a monthly basis you can still be consistent on either weekly or monthly accumulation of Bitcoin, for instance since your total monthly funds is $50 you can strategize your accumulation plans to monthly basis using $10 because going above that can easily affect your investment but however if on the process your salary increases or having more other source of income you can then bring it down to a weekly accumulation.

In fact, DCA is very practical and easy for beginners to apply, especially in long-term investments. In DCA we don't need technical analysis because we only execute it when the time comes, for example once a week. If we invest in a year we make bitcoin purchases 48 times a year so we can imagine that we will find the lowest price which may be difficult to do by other means other than DCA. So, if you are determined for the long term, then apply DCA in the investment you make.

I think an income of $50 per month is of course quite a small income, in fact no company pays its employees $50 per month. I don't think it's too much of a burden for people to invest $10 per week because that's a nominal amount that is easily within everyone's reach, but yes, it comes down to each individual. If they are addicted to gambling then whether it is small or large, the income they earn is of course not enough. So it is not surprising that gamblers fail to invest in every available opportunity.

A person who spends more than what a person earns can never invest, but such a person can invest if he cuts out unnecessary expenses and controls the basic expenses of the family and with the remaining money he can invest. 
So there are a lot of people who are wasteful, because if a person invests $10 a week, he can make the most profit. Because his planning will be better and if he invests for long term he will accumulate more wealth. Many people waste their earned money on bad drugs, so I think it is possible for any person to control $10.