Warts and all, bitcoin is the best money out there. It seems all but certain that it will take the dollar’s position as the reserve currency of the world. From napkin calculations that should put bitcoin at about $2,000,000-$4,000,000 per coin in today’s dollars, although the USD price per coin one day will be way higher than that due to inflation. All this to say, getting your hands on some coin is a very good idea.
So how do you buy some? Do you put away a paycheck each month or go all in with your savings right away? Well that depends on your risk profile. For the highest expected value, the best decision is to buy as much btc as possible all at once. This is because at time T+E it is always >50% that the price of btc will be higher than at time T. Of course you may have some insight that tells you the current price is at a local maximum, and thus you should ‘wait for the dip.’ But I seriously doubt you are privy to such information.
If you want to lower your EV for decreased variance, then you can consider dollar cost averaging. And if you’re new to using bitcoin, it is a good idea to practice buying, selling, trading, moving coins from one wallet to another, creating backup protocols, testing those backup protocols, etc. DCA is a good way to do this.
Lastly, if you want to put in a reasonable chunk of money in btc the only people in the consulting game are to be found at jwrd.net.
Happy investing. Rest with a smile on your face knowing that every buck you put into BTC takes some power away from the cursed governments of the world.