Someone I knew, a mentor who showed me what I was missing by not getting into crypto invested 100k in crypto, he started DCA'ing in 2018 to 2020, I was still struggling because I had no job then, he kept me close and kept me informed, in 2020 is wallet turned 4,000$ from 100k, he was so calmed like it was nothing, when he told me this I freaked out.. He replied " I was ready to lose the money anyway" that's investment for you..he said.
In 2021 he made a bit over 1 million dollars when market started to recover, the once 100k that turned into 4k grow over a million in dollars, he his an icon of motivation for me today , the reason why I shared this story today is for you to learn a lesson or two .
If he invested what he is not ready to lose he would have freaked out just like I did and took out his 4,000$ in big loss, so my point is, why would you invest money that you aren't ready to lose in the first place? This is wrong, you won't be able to sleep at night, you won't be able to take your eye off your portfolio, there will be no single calmness in your world.
Crypto is very volatile, invest only what you are willing to lose, no amount is too small as far as that's what you can afford to lose.
Have a great weekend.
That’s the essence of investing, you will not only consider about making profits but you should think of losses too that anytime will attack you because that’s also part of building your success later on. But it would be much better to invest on the amount you can only afford to lose, as there’s no security from investments and you might only end up losing so better yet, anticipate losses too more than you anticipate for profits. Because if you’re only focus with profits, that makes you greedy and will certainly invest because your emotions are telling so, which i think won’t be helpful at all.
As OP told, DCA is a strategy of investing that can absorb loss without the investor even noticing it much, but if and only if one doesn't stop the regular percentage of scheduled investment because of a loss that may not linger for long.
I admire the courage of your mentor in maintaining discipline despite the market conditions that would have made him relent in his consistent fractional investment.