JJG’s Outline of Bitcoin Investment Ideas

[Lembo69]

Trading and gambling work in the same way and it may be difficult for those who are already into trading and gambling to suddenly change these habits but if a person wants then all habits can be changed. Those who gamble and trade have such an attitude that they have to get results quickly but in the case of investment it is different. All investors are patient, they can wait and they do not tend to get results quickly. Now for those who are used to getting results in a short time, it is difficult to actually buy Bitcoin and hold it and wait for long-term results.

I said at the beginning that changes will not come suddenly but if a person wants then everything is possible. To change this habit, investors can follow DCA and they have to be more focused on consistency than short-term results. At this time the goal should be to eliminate the risky activities that are there and develop good financial habits along with eliminating these risky activities.

To invest in Bitcoin, an investor must develop good financial habits. Because if an investor wants to invest in the long term, he must generate discretionary income and then set aside money for an emergency fund and that is after his necessary expenses. Therefore, to ensure a good financial situation, an investor should focus on developing an alternative source of income in addition to his daily work. And focus on increasing their discretionary income to invest. Of course, I am not saying that increasing discretionary income is easy and there are some people who may completely refuse to reduce their expenses. Although it may be that they are unnecessarily hoarding and are harming their ability to invest more vigorously in Bitcoin.

Therefore, it is appropriate for an investor to focus on a good financial situation and increasing cash flow first, even if it is to change daily life and make your investment more long term. In addition, the dca strategy will definitely be an effective approach for an investor. He will be able to maintain the average purchase price of his investment through the dca strategy.

People who are trading and get involved in trading like gambling in the hope of immediate profit may never understand long-term investment. Or they may not have the patience required to invest so they are not willing to invest. I think trading only puts your money at risk and the profit is less and the loss is more. And those who are skilled in trading take a lot of time to become skilled

[JayJuanGee]

You are absolutely correct, being wise in trading won't make someone not to make loss of course they will and loss is highly inevitable in trading regardless of the amount of knowledge and psychology someone has. Trading is not simple because it requires a lot of self skills and that of market skill that is why it is good to venture into investment since those skills are not required in investment. Yet you still need to put things in order before you can succeed in investment. However, the fact you don't hear about trading doesn't mean people are not trading.

That is why trading is very risky, so investing in Bitcoin is a very safe way to trade. If you invest in Bitcoin in the long term, then this is the best, no matter how experienced a person is, it is natural that there will be risks in trading. The current situation is even more difficult, because the market situation is always chaotic. So in this difficult situation, you have to take risks and there is a possibility of losing your capital, so you should avoid trading gradually and prioritize Bitcoin investment.

I do understand. That investing in Bitcoin long term is not as stressful as trying to profit from each of the market movements. But it is not safe at all. A person who purchases a ton of bitcoins at a high price could still see a substantial drop and take years to get back in the black. The only difference is that this long term investor allows the time to pass. So long and until he doesn't need that money in a rush. Having a clear investment horizon and avoiding over exposure is more important than just picking out investing over trading in my view.

The DCA method is recommended so that you do not have to buy a large amount of Bitcoin at a high price at once. Because in the DCA method you can accumulate Bitcoin continuously taking advantage of different market conditions and price levels.

I doubt that there is any meaningful value in buying bitcoin at average prices, since everyone would prefer to buy bitcoin at low prices, yet with bitcoin we have no way of knowing if the price is going to go up down or sideways so we buy whenever money comes available.

A major advantage of DCA is being able to customize our bitcoin buys for when our money is available and to decide how much of our money (when it is available) that we want to use for buying bitcoin, saving and/or discretionarily consuming.

The purpose of DCA is not to find the lowest price in the market, but to accumulate Bitcoin regularly at different price levels and avoid the risk of investing the entire amount at a certain time.

Another thing is that just letting time pass is not the main strategy of long term investment. A long term investor needs to invest an amount of money that will not affect his normal life even if he is stuck in the investment for a long time.

The difference between long term investment and trading is not only the method of making profits but also the investor's attitude towards the market. A long term investor does not try to profit from every drop in the market but rather focuses on increasing the amount of Bitcoin over time according to his investment plan. The most important thing here is not to deny risk but to manage that risk within his financial capacity.

I mostly agree with these last three parts, yet I think you have some awkward ways of saying some of the things.

[Primark]

You are absolutely correct, being wise in trading won't make someone not to make loss of course they will and loss is highly inevitable in trading regardless of the amount of knowledge and psychology someone has. Trading is not simple because it requires a lot of self skills and that of market skill that is why it is good to venture into investment since those skills are not required in investment. Yet you still need to put things in order before you can succeed in investment. However, the fact you don't hear about trading doesn't mean people are not trading.

That is why trading is very risky, so investing in Bitcoin is a very safe way to trade. If you invest in Bitcoin in the long term, then this is the best, no matter how experienced a person is, it is natural that there will be risks in trading. The current situation is even more difficult, because the market situation is always chaotic. So in this difficult situation, you have to take risks and there is a possibility of losing your capital, so you should avoid trading gradually and prioritize Bitcoin investment.

Bitcoin investment is not a safe form of trading. The objectives and behavior of trading and long-term investment are different. Even in the case of long-term investment, you are not completely safe, especially in the case of price decline, need for money and preservation of assets. But there are strong possibilities in the case of long-term investment. A trader usually tries to make a profit from short-term price changes. But investors can collect Bitcoin according to their ability and keep it for many years. In the case of trading, you have to make decisions repeatedly, due to which the chances of you making mistakes are very high. Even experienced people can face losses here. But even if there is risk in investing, it is completely different.

[justinlamode]

Whether a person trade prudently or otherwise there's no guarantee that the person would succeed so don't even waste your time in trying to get people to join trading or making trading look like something that is simple, and if you ask  me I would say the time of trading has passed because I barely see people talk about trading like before, perhaps they must have figured out that Long term investment is the best so they have all switched to long term investment and as you can see that's where we all in interested in. Why don't you give long term investment a trial I guess you would love it.

You are absolutely correct, being wise in trading won't make someone not to make loss of course they will and loss is highly inevitable in trading regardless of the amount of knowledge and psychology someone has. Trading is not simple because it requires a lot of self skills and that of market skill that is why it is good to venture into investment since those skills are not required in investment. Yet you still need to put things in order before you can succeed in investment. However, the fact you don't hear about trading doesn't mean people are not trading.

I don't think we should be dwelling so much on the trading discussion because that is not what this thread is meant for. Focusing on trading will only make the discussion go different direction and can become misleading to a lot of people.

I stopped trading when I realized it was messing with me head in terms of my Bitcoin accumulation because I was having the feeling that buying to hold is like keeping money dormant and a waste of precious time. I also felt that trading was going to multiply the money very fast but I was wrong and I learnt through experience. I don't recommend trading for anyone that have not mastered the skill, it will slow you down in everyone. Buying and holding is the right way to go for such people.

[Barikui1]

The DCA method is recommended so that you do not have to buy a large amount of Bitcoin at a high price at once.

With your sentiment here, it seems like you do not know the real objective of using the dca accumulating strategy to accumulate Bitcoin, because I wonder where you get that from that the purpose of using the dca accumulating strategy to accumulate Bitcoin is because you do not want to accumulate Bitcoin at a higher price, point of correction, that's a false narrative because the main objective of the dca accumulating strategy is for easy accumulation, because you will have to buy regularly without even paying attention to it price, and who told you that it's a bad idea to buy Bitcoin when the price is high? Or don't you know that this price that may seems high to you now might be a dip that may never come again in few years time from now?

The goal is to accumulate and build your stash of Bitcoin, not by trying to play smart and be wasting your time by looking at the best time to buy or not.

[Perfect-World]

The DCA method is recommended so that you do not have to buy a large amount of Bitcoin at a high price at once.

With your sentiment here, it seems like you do not know the real objective of using the dca accumulating strategy to accumulate Bitcoin, because I wonder where you get that from that the purpose of using the dca accumulating strategy to accumulate Bitcoin is because you do not want to accumulate Bitcoin at a higher price, point of correction, that's a false narrative because the main objective of the dca accumulating strategy is for easy accumulation, because you will have to buy regularly without even paying attention to it price, and who told you that it's a bad idea to buy Bitcoin when the price is high? Or don't you know that this price that may seems high to you now might be a dip that may never come again in few years time from now?

The goal is to accumulate and build your stash of Bitcoin, not by trying to play smart and be wasting your time by looking at the best time to buy or not.

With DCA, we do not need to look at the market movement at all. It is just buy when you have an available discretionary. So somethings, when you have little discretionary, you buy small, and when your Discretionary is bigger, you buy more BTC, and gradually you are growing your portfolio. This means that you can still buy some larger amount of Bitcoin higher than your previous buys, that is if you have an increased discretionary income. The DCA is not tied to only little buys. We can just simple increase our DCA weekly or monthly allocation if we have more discretionary to handle it.

[drangos]

You are absolutely correct, being wise in trading won't make someone not to make loss of course they will and loss is highly inevitable in trading regardless of the amount of knowledge and psychology someone has. Trading is not simple because it requires a lot of self skills and that of market skill that is why it is good to venture into investment since those skills are not required in investment. Yet you still need to put things in order before you can succeed in investment. However, the fact you don't hear about trading doesn't mean people are not trading.

That is why trading is very risky, so investing in Bitcoin is a very safe way to trade. If you invest in Bitcoin in the long term, then this is the best, no matter how experienced a person is, it is natural that there will be risks in trading. The current situation is even more difficult, because the market situation is always chaotic. So in this difficult situation, you have to take risks and there is a possibility of losing your capital, so you should avoid trading gradually and prioritize Bitcoin investment.

Bitcoin investment is not a safe form of trading. The objectives and behavior of trading and long-term investment are different. Even in the case of long-term investment, you are not completely safe, especially in the case of price decline, need for money and preservation of assets. But there are strong possibilities in the case of long-term investment. A trader usually tries to make a profit from short-term price changes. But investors can collect Bitcoin according to their ability and keep it for many years. In the case of trading, you have to make decisions repeatedly, due to which the chances of you making mistakes are very high. Even experienced people can face losses here. But even if there is risk in investing, it is completely different.

The one thing that differs between bitcoin investing. And trading is the degree of control that you have over your actions. While traders must be able to make quick entry and exit decisions. Long term investors can make only occasional moves. And not be concerned with every move in the market. But it is not a safe investment to have held Bitcoin for years. It is possible for someone to be in a bear market for an extended period, or they may have a sudden need for cash and end up selling at a loss. It is therefore as important to have an emergency fund and to not invest. Using borrowed money as it is to select a long term plan. Patience does come in handy. But the proper management of risk is more important.

[Decimetre]

The DCA method is recommended so that you do not have to buy a large amount of Bitcoin at a high price at once.

With your sentiment here, it seems like you do not know the real objective of using the dca accumulating strategy to accumulate Bitcoin, because I wonder where you get that from that the purpose of using the dca accumulating strategy to accumulate Bitcoin is because you do not want to accumulate Bitcoin at a higher price, point of correction, that's a false narrative because the main objective of the dca accumulating strategy is for easy accumulation, because you will have to buy regularly without even paying attention to it price, and who told you that it's a bad idea to buy Bitcoin when the price is high? Or don't you know that this price that may seems high to you now might be a dip that may never come again in few years time from now?

The goal is to accumulate and build your stash of Bitcoin, not by trying to play smart and be wasting your time by looking at the best time to buy or not.

You have just mention one of the benefits of DCA just like BITBI-4.

The DCA strategy is aimed at keeping your bitcoin accumulation consistently ongoing periodically based on your rate of income. This is an investor friendly strategy and differs from every other investment strategy (Which can also serve purpose of building your bitcoin stash and not buying all at only high price) because it is more Flexible and allows an investor to invest all round the clock without focusing on the price chart (as in buying the Dip) which can cause a delay in bitcoin accumulation or which could cause a panic and sudden immature selling.

It is investors friendly because you can DCA with any amount even as little as $5 or $10 or more based on the amount of your income and your Discretionary income. It also allows you to also accumulate your emergency funds alongside your bitcoin which further strengthen your holding ability.

The DCA keeps you focusing on buying more bitcoin than worry about the bitcoin price.

It also helps you to manage your finances wisely because you set your DCA days close to your possible income days, as in the case of salary earners instead of holding fiats and waiting for dips or other market conditions, you go ahead to invest the said amount.

The benefits of DCA strategy is endless but some are just basic for the basic knowledge of beginners.

[obuoma]

Bitcoin investment is not a safe form of trading. The objectives and behavior of trading and long-term investment are different. Even in the case of long-term investment, you are not completely safe, especially in the case of price decline, need for money and preservation of assets. But there are strong possibilities in the case of long-term investment. A trader usually tries to make a profit from short-term price changes. But investors can collect Bitcoin according to their ability and keep it for many years. In the case of trading, you have to make decisions repeatedly, due to which the chances of you making mistakes are very high. Even experienced people can face losses here. But even if there is risk in investing, it is completely different.

The one thing that differs between bitcoin investing. And trading is the degree of control that you have over your actions. While traders must be able to make quick entry and exit decisions. Long term investors can make only occasional moves. And not be concerned with every move in the market. But it is not a safe investment to have held Bitcoin for years. It is possible for someone to be in a bear market for an extended period, or they may have a sudden need for cash and end up selling at a loss. It is therefore as important to have an emergency fund and to not invest. Using borrowed money as it is to select a long term plan. Patience does come in handy. But the proper management of risk is more important.

The part I highlighted is very wrong and I don't know how you arrive at that conclusion my friend. How can you say that it is not safe to hold Bitcoin for long? Are you discouraging people from holding for long even when most of us already know that holding Bitcoin for long is the right thing to do? If you are into Bitcoin for some quick profits, you may be putting your money to risk and preparing yourself for a big surprise because Bitcoin can be stubborn when you want to force it to give you profits.

To enjoy investing in Bitcoin, give it some years like 10 years and within that period, never stop investing even if you will be doing it gradually. You can ready about the DCA method which is one of the ways you can do this gradual purchase efficiently. It also helps you think more of buying/holding than selling.

[Agbam]

The DCA method is recommended so that you do not have to buy a large amount of Bitcoin at a high price at once.

With your sentiment here, it seems like you do not know the real objective of using the dca accumulating strategy to accumulate Bitcoin, because I wonder where you get that from that the purpose of using the dca accumulating strategy to accumulate Bitcoin is because you do not want to accumulate Bitcoin at a higher price, point of correction, that's a false narrative because the main objective of the dca accumulating strategy is for easy accumulation, because you will have to buy regularly without even paying attention to it price, and who told you that it's a bad idea to buy Bitcoin when the price is high? Or don't you know that this price that may seems high to you now might be a dip that may never come again in few years time from now?

The goal is to accumulate and build your stash of Bitcoin, not by trying to play smart and be wasting your time by looking at the best time to buy or not.

I think he has an understanding of the DCA accumulation strategy but his way of explaining and saying some things is the issue. DCA doesn’t consider price when buying, it encourages consistency no matter the market price but one of it’s benefits is that when you have accumulated bitcoin for over a long period of time your purchases are spread over different market price ranges giving you an average moderate price.

I think that’s what he was trying to explain, the DCA makes buying bitcoin easier, supports consistency and reduces stress of timing the market.

[Promocodeudo]

The DCA method is recommended so that you do not have to buy a large amount of Bitcoin at a high price at once.

Are you actually right with this definition of the DCA strategy? The major reason for DCA is to buy at all market conditions consistently with what you can afford, without considering the price of Bitcoin at anytime, another reason is that it doesn't know any boundaries people of different financial status can use this strategy to accumulate Bitcoin as long as they can figure out their discretionary income to invest with steadily.

Because in the DCA method you can accumulate Bitcoin continuously taking advantage of different market conditions and price levels. The purpose of DCA is not to find the lowest price in the market, but to accumulate Bitcoin regularly at different price levels and avoid the risk of investing the entire amount at a certain time.

Mate your definition here is different from the one I quoted above and what I said there is almost the same thing you said here, so why does it look like you understand what DCA strategy stands for, so why the confusion, note the DCA strategy has nothing to do with high price or dip price, the importance of the DCA strategy is consistency and efficiency.

[Silikiem]

But it is not a safe investment to have held Bitcoin for years.

You as a long term investor, if you can’t hold bitcoin for years then what is the reason for venturing into long term investment. Statements like this can mislead newbies into buying and selling bitcoin at every single opportunity which is a wrong investment mindset because bitcoin investment is a long term investment. Instead of saying Bitcoin is not a safe investment to held for years, you should rather say altcoins shouldn’t be held for longer periods because they are mostly pump and dump coins even if held for years still amount to zero. Meanwhile, over the years bitcoin have proven itself to become one of the most valuable asset for long term growth as we can see bitcoin reaching several ATH values.

It is therefore as important to have an emergency fund and to not invest.

Why will you have an emergency funds without getting to invest In bitcoin, what is then the reason for keeping the emergency funds to protect your bitcoin investment from getting sold when in emergency situations. Emergency funds is important even in real life, but in the context of bitcoin investment, you’ll need to have a bitcoin portfolio which can be protected by the emergency funds you’re building so you don’t have to neglect investing in bitcoin because of emergency funds.

[Homemade-IQ]

It is therefore as important to have an emergency fund and to not invest.

Why will you have an emergency funds without getting to invest In bitcoin, what is then the reason for keeping the emergency funds to protect your bitcoin investment from getting sold when in emergency situations. Emergency funds is important even in real life, but in the context of bitcoin investment, you’ll need to have a bitcoin portfolio which can be protected by the emergency funds you’re building so you don’t have to neglect investing in bitcoin because of emergency funds.

I wonder where he got that notion from that he would rather have an emergency funds than investing, because in the context of Bitcoin investment, having them both is very important, because the survival of your Bitcoin holdings depends on your emergency funds, unless you are a rich fellow that have the leverage of investing without it, since their are friends, aunties, uncle or asset that can bail you out during emergencies,  but the truth is that it make no sense to be putting down an emergency funds when you don't even have a bitcoin stash, or you are just planning for the worst to happen to you, with no investment in sight?

[Showlove01]

I wonder where he got that notion from that he would rather have an emergency funds than investing, because in the context of Bitcoin investment, having them both is very important, because the survival of your Bitcoin holdings depends on your emergency funds, unless you are a rich fellow that have the leverage of investing without it, since their are friends, aunties, uncle or asset that can bail you out during emergencies,  but the truth is that it make no sense to be putting down an emergency funds when you don't even have a bitcoin stash, or you are just planning for the worst to happen to you, with no investment in sight?

Bitcoin investment doesn't care about status whether you are a rich folk or not,  you have to make sure you build your emergency funds later if you don't have the capacity to do it same time you started accumulating Bitcoin so that it doesn't cost you. Some people think that being rich automatically makes them unstoppable in Bitcoin investment that is not correct because the moment you fail to build your emergency funds, you will realized how wrong you have been. Any rich folk who understands how wealth is been created or made would never neglect the important of having emergency funds.

[Sim_card]

Bitcoin investment doesn't care about status whether you are a rich folk or not,  you have to make sure you build your emergency funds later if you don't have the capacity to do it same time you started accumulating Bitcoin so that it doesn't cost you.

You don't need to wait to build your emergency funds later after you have started your bitcoin investment because it's like you are gambling with your bitcoin investment. The reason why I said so is because, what if during the period that you haven't started building your emergency funds and you are busy building your bitcoin investment, a real life emergency pops up. You will have to sell your bitcoin and use it to take care of it. This is why it's better to build your emergency funds simultaneously with your bitcoin investment in the beginning.

To make it easier to build both your emergency funds and your bitcoin investment, you are to share your discretionary income into three parts where are 1)for your your weekly DCA 2) for  savings 3)discretionary consume.

Some people think that being rich automatically makes them unstoppable in Bitcoin investment that is not correct because the moment you fail to build your emergency funds, you will realized how wrong you have been. Any rich folk who understands how wealth is been created or made would never neglect the important of having emergency funds.

Rich folks have more flexibility than we plebs when it comes to bitcoin investment because they have various means in which they can get funds to sort out any emergency that plays out during their accumulation journey. A rich guy might already have other investment on ground before he starts his bitcoin investment, he can use that investment or business to serve as his backup funds when a real life emergency hits him.

[Princess Leah]

I wonder where he got that notion from that he would rather have an emergency funds than investing, because in the context of Bitcoin investment, having them both is very important, because the survival of your Bitcoin holdings depends on your emergency funds, unless you are a rich fellow that have the leverage of investing without it, since their are friends, aunties, uncle or asset that can bail you out during emergencies,  but the truth is that it make no sense to be putting down an emergency funds when you don't even have a bitcoin stash, or you are just planning for the worst to happen to you, with no investment in sight?

Some people don't know that they can have both together having an emergency fund then disregarding the investment is procrastination a form of delay that some people don't recognize, i know that the emergency funds is important cause even though one hasn't started investing they'll still need it but after knowing the importance it never nice to leave the investment for it both can be built together.

 Bitcoin won't wait for anyone to finish building an emergency funds so instead of delaying it's best to build both simultaneously, many people don't know that, which is why some choose to build emergency funds first before starting the investment.

[RockBell]

It is therefore as important to have an emergency fund and to not invest.

Why will you have an emergency funds without getting to invest In bitcoin, what is then the reason for keeping the emergency funds to protect your bitcoin investment from getting sold when in emergency situations. Emergency funds is important even in real life, but in the context of bitcoin investment, you’ll need to have a bitcoin portfolio which can be protected by the emergency funds you’re building so you don’t have to neglect investing in bitcoin because of emergency funds.

I wonder where he got that notion from that he would rather have an emergency funds than investing, because in the context of Bitcoin investment, having them both is very important, because the survival of your Bitcoin holdings depends on your emergency funds, unless you are a rich fellow that have the leverage of investing without it, since their are friends, aunties, uncle or asset that can bail you out during emergencies,  but the truth is that it make no sense to be putting down an emergency funds when you don't even have a bitcoin stash, or you are just planning for the worst to happen to you, with no investment in sight?

This actually hilarious because why would someone be preferring to have emergency funds than to invest its just crazy how people see things and now the thing is that, most people that have such mindset did not prepare for all this and I think if they should have done a good research before commencement then they won't be having all this arguments because they should have understood that it is important to know that even does that are not investing have emergency funds let's make that clear is not just for the investors alone but for does that want to buy and hold for a long time they need to have an emergency funds.

As simple as when you have emergency funds it stops you from selling your bitcoin and for does that don't have bitcoin it helps you to fall back on when you have emergency, it's never a bad idea to have emergency funds.

[Rhow]

It is therefore as important to have an emergency fund and to not invest.

Why will you have an emergency funds without getting to invest In bitcoin, what is then the reason for keeping the emergency funds to protect your bitcoin investment from getting sold when in emergency situations. Emergency funds is important even in real life, but in the context of bitcoin investment, you’ll need to have a bitcoin portfolio which can be protected by the emergency funds you’re building so you don’t have to neglect investing in bitcoin because of emergency funds.

The need for an emergency fund should not be seen only in relation to Bitcoin investment. Because even if you do not invest in Bitcoin, you may still have urgent financial needs in your life. Especially, an emergency fund is also needed to deal with income stoppage, increased necessary expenses, or any other unexpected situation. My main point is that the first purpose of an emergency fund is to ensure personal financial security. When you start investing in Bitcoin, that fund also helps to hold on to the investment. Another thing to note is that it is not the case that every investor needs to stop buying Bitcoin until a full emergency fund of a few months is built up. It may be necessary to put some extra money aside initially. However, if someone does not have an emergency fund and is interested in investing, they can start investing from their discretionary income and build an emergency fund at the same time.

[ChocolateBitcoinK]

The DCA method is recommended so that you do not have to buy a large amount of Bitcoin at a high price at once.

With your sentiment here, it seems like you do not know the real objective of using the dca accumulating strategy to accumulate Bitcoin, because I wonder where you get that from that the purpose of using the dca accumulating strategy to accumulate Bitcoin is because you do not want to accumulate Bitcoin at a higher price, point of correction, that's a false narrative because the main objective of the dca accumulating strategy is for easy accumulation, because you will have to buy regularly without even paying attention to it price, and who told you that it's a bad idea to buy Bitcoin when the price is high? Or don't you know that this price that may seems high to you now might be a dip that may never come again in few years time from now?

The goal is to accumulate and build your stash of Bitcoin, not by trying to play smart and be wasting your time by looking at the best time to buy or not.

I think he has an understanding of the DCA accumulation strategy but his way of explaining and saying some things is the issue. DCA doesn’t consider price when buying, it encourages consistency no matter the market price but one of it’s benefits is that when you have accumulated bitcoin for over a long period of time your purchases are spread over different market price ranges giving you an average moderate price.

I think that’s what he was trying to explain, the DCA makes buying bitcoin easier, supports consistency and reduces stress of timing the market.

In the case of long-term Bitcoin investment, the DCA strategy is a suitable investment strategy for every rich or middle class investor, this strategy is better in all respects than any other strategy. It reduces the pressure of market volatility, you can invest even small amounts according to your ability, that is, it is a stress-free investment strategy. Just determine an amount according to your income that you can invest consistently, and once you start, continue it consistently. You don't have to worry about the market, if you just keep buying at any price on a monthly or weekly basis over time, then the negative impact of the short-term volatility of the Bitcoin price will greatly reduce the continuity of your purchases, that is, it will basically create an investment portfolio at an average price, and thus your chances of getting good results will be much better, but you need to understand this strategy first, because there are many who cannot invest through it even after understanding this strategy.

[Sobz]

Some people don't know that they can have both together having an emergency fund then disregarding the investment is procrastination a form of delay that some people don't recognize, i know that the emergency funds is important cause even though one hasn't started investing they'll still need it but after knowing the importance it never nice to leave the investment for it both can be built together.

 Bitcoin won't wait for anyone to finish building an emergency funds so instead of delaying it's best to build both simultaneously, many people don't know that, which is why some choose to build emergency funds first before starting the investment.

It is possible some people use emergency fund as an excuse of not investing in bitcoin because if bitcoin investment is so important and what they find interesting, having a discretionary income and figuring an amount to buy bitcoin,  this fund can still be split and one part for buying bitcoin and the other is for emergency fund. In bitcoin  investment you only invest with what you can afford to lose and the amount that is being invested doesn't mstter because the most important thing is just to accumulate bitcoin and this what matters. Instead of prople should procrastinate investing bitcoin due to not much finance they can relook into their income to meet up with bitcoin buying and having emergency fund.