Hello Reddit!
Right now I am 17 and have a little over 350 dollars in my checking account (also 1400 in savings and investments). Since I am new to Bitcoin, I only have around 80 dollars (about 0.0008 BTC) to my name. I'm wondering a few things:
- How much should I DCA? I only make around 1-200 a month from chores right now, 100 of which goes to my current investing and savings, but I am trying to get a job for more money.
- Should I have a minimum amount of Bitcoin (0.001, 0.01) in my account despite DCA? I think simply DCAing would be good but I also don't want to miss out on potential gains, nor lose my money (I might've answered my own question but I want to make sure). If not, are there any good goals to set for holdings?
- What are some good resources to learn more about Bitcoin? I've been interested in the topic since middle school, and I have a fair idea how it works, but I want to fill in the cracks and dive deeper.
- Is a Ledger Nano S with Sparrow + Bitcoin Core a good starter setup? I already have the Nano btw
Thanks for any help! I am probably very stupid when it comes to investing Bitcoin but I'd love to hear what you guys have to say :)