Does the DCA strategy inspire newbies to invest?

[Futurexxx]

For those whose daily living expenses are the same every month, who have few family responsibilities and a stable regular strong income source, and who have a strong cash flow, automatic DCA may be a good option. But for those whose income is irregular and expenses are not regular, and who have to fulfill various family responsibilities, I think manual DCA is better.

This your ideology might seems logical on paper, but I want you to be understand that even when you have a stable income source or a stable discretionary income, your weekly or monthly expenses might not be stable because you can fall sick and may need money for treatment, or something may happen that may warrant you to spend money, so you can't be too sure about life because we live in a world full of uncertainty, that's why manually dca remains the best because will have to act pragmatically, base on what is at hand.

[Jamestown70]

For those whose daily living expenses are the same every month, who have few family responsibilities and a stable regular strong income source, and who have a strong cash flow, automatic DCA may be a good option. But for those whose income is irregular and expenses are not regular, and who have to fulfill various family responsibilities, I think manual DCA is better.

This your ideology might seems logical on paper, but I want you to be understand that even when you have a stable income source or a stable discretionary income, your weekly or monthly expenses might not be stable because you can fall sick and may need money for treatment, or something may happen that may warrant you to spend money, so you can't be too sure about life because we live in a world full of uncertainty, that's why manually dca remains the best because will have to act pragmatically, base on what is at hand.

Let’s assume we were not investing in Bitcoin in the first place, probably you have other investment you may have put in your money. I guess you’ll still keep some funds as a cushion to that investment in the cases of emergency so you don’t end up taking money from your investment before the desired time and this emergency also include illness or an emergency expenditure, except you’re not keeping emergency funds in the first place.

Despite the emergency funds, I’m not really a fan of automated DCAing, I prefer manual DCA, because I won’t want to put my self through the stress of adjusting the automated/fix amount for DCAing whenever it seems my basic expenditure surpasses my weekly or monthly budget.

[Junii]

I find investors using the DCA strategy invest for the long term.
Special Considerations Should Beginners Follow the DCA Method for Bitcoin Investments? What Can Be the Outcome -Future

I think for beginners dollar cost averaging(DCA)  is one of the simplest and safest way to get into trading especially if a person is interested in Bitcoin. Instead of trying to predict tops and bottoms of the market the person invest a fixed amount regularly or on weekly basis or sometimes on monthly basis or whatever the person likes and let time do the work. The outcome of DCA will depend on Bitcoin's long term performance and also the patience and psychological ability of a person. DCA has many benefits but one benefit is that  it can reduce the stress of market timing and emotional decisions. Of course profits are never guaranteed  but if we see in the past  investors who stayed patient and consistent have generally done better than those constantly trying to trade every move.

[Jody.Drummer]

For those whose daily living expenses are the same every month, who have few family responsibilities and a stable regular strong income source, and who have a strong cash flow, automatic DCA may be a good option. But for those whose income is irregular and expenses are not regular, and who have to fulfill various family responsibilities, I think manual DCA is better.

This your ideology might seems logical on paper, but I want you to be understand that even when you have a stable income source or a stable discretionary income, your weekly or monthly expenses might not be stable because you can fall sick and may need money for treatment, or something may happen that may warrant you to spend money, so you can't be too sure about life because we live in a world full of uncertainty, that's why manually dca remains the best because will have to act pragmatically, base on what is at hand.

We don't know what will happen in the future, and it's true what you say even though our income is stable but with weekly or monthly expenses it can be unstable even though we have calculated income evenly but in life we can fall ill and it becomes an unpredictable situation as a result of additional expenses. With the occurrence of something like this that happens unexpectedly is a natural thing and this is one of the things that must be considered and prepared with a solution, namely an emergency fund. so when we have a stable income then we must be able to manage it properly.