Does the DCA strategy inspire newbies to invest?

[Showlove01]

yeah dca saved a lot of people from panic selling at the
bottom, no strategy is more boring and more effective
at the same time

The DCA method is not what actually save people from panicking and selling but rather what save people I mean investors from panicking and selling premature is their level of knowledge and understanding. They  know the funds that they are meant to use in their accumulation journey and they also know how to sort out their expenses and how to secure their emergency funds from their discretionary income. Don't forget there are folks that are using the DCA method yet they panic and sell at loss and the reason they do that is very simple, the reason is because they lack these knowledge and understanding of how to figure and sort out things for their investment.

[Moreno233]

yeah dca saved a lot of people from panic selling at the
bottom, no strategy is more boring and more effective
at the same time

The DCA method is not what actually save people from panicking and selling but rather what save people I mean investors from panicking and selling premature is their level of knowledge and understanding. They  know the funds that they are meant to use in their accumulation journey and they also know how to sort out their expenses and how to secure their emergency funds from their discretionary income. Don't forget there are folks that are using the DCA method yet they panic and sell at loss and the reason they do that is very simple, the reason is because they lack these knowledge and understanding of how to figure and sort out things for their investment.

I think the DCA method helps more with calming the investor and encouraging them to think more of buying that selling than even the supposed knowledge and understanding. This is because those who have expert knowledge are tempted to predict every move of Bitcoin and therefore believe they can sell and easily replace those coins and male profits on the process, often then end up in mistakes that deplete their assets without replacement. On the contrary those who chose easy method like the DCA will be focused on buying more and holding and will not care about the price, so no pressure to sell irrespective of what the price is. You cannot be buying and selling at the same time, so the DCA method encourages holding.

[MusaPk]

People should always try to invest base on their financial capacity i believe there are rich investors who mostly lump sum this is base on their strength as long as it's not going to affect them. Accumulating Bitcoin aggressively is good provided it's done with our discretionary income when all necessary needs has been kept in place, there are two things i dislike in Bitcoin investment when a folk is accumulating Bitcoin outside his discretionary income that's using money that is not his discretionary income to accumulate Bitcoin and waiting for the price of Bitcoin to dip before accumulating when you haven't even gotten to your over accumulation stage.

If you are accumulating Bitcoin outside your discretionary income then you can continue doing that for sometime but you wont be able to continue that practise for long. This is because in case there is an incident in which you need money then you have to cash out your Bitcoins. There are few things we need to understand before we start investing in Bitcoin. Firstly, it must be clear that Bitcoin is for long term and we must buy Bitcoin from our discretionary income, these two things are tightly linked with each other.

[BluebloodCXVI]

yeah dca saved a lot of people from panic selling at the
bottom, no strategy is more boring and more effective
at the same time

DCA is definitely a good strategy, especially for staying consistent and taking the emotion out of investing in a volatile market, but calling it the most effective is a bit of an overstatement.
Every other strategy can work well also, it all just depends on the time they enter the market, their risk tolerance and the amount of capital that they have, because these are the factors that will determine the best strategy that suits them more. Sometimes lump sum investing does better, and in other situations, more flexible or active strategies can outperform DCA.
The main reason why DCA gets a lot of attention is because it is simple and helps people stay disciplined. Personally I see it as a foolproof strategy that is suitable for people who struggle with applying discipline in their investment.

[Popkon6]

People should always try to invest base on their financial capacity i believe there are rich investors who mostly lump sum this is base on , there are two things i dislike in Bitcoin investment when a folk is accumulating Bitcoin outside his discretionary income that's using money that is not his discretionary income to accumulate Bitcoin and waiting for the price of Bitcoin to dip before accumulating when you haven't even gotten to your over accumulation stage.

If you are accumulating Bitcoin outside your discretionary income then you can continue doing that for sometime but you wont be able to continue that practise for long. This is because in case there is an incident in which you need money then you have to cash out your Bitcoins. There are few things we need to understand before we start investing in Bitcoin. Firstly, it must be clear that Bitcoin is for long term and we must buy Bitcoin from our discretionary income, these two things are tightly linked with each other.

To invest in Bitcoin, you definitely need a reasonable income, which we also refer to as a discretionary income position. It is very important to invest in Bitcoin for the long term in the current position, because Bitcoin investment plays the most important role in your future financial independence. If you invest in Bitcoin according to the DCA method, it will be much easier for you to maintain your Bitcoin investment.
So start investing in Bitcoin right now and keep it for a long time and take the opportunity to buy Bitcoin repeatedly, you will definitely be able to achieve success quickly. And you will also be able to accumulate more Bitcoin in your portfolio, with which you will be able to eliminate financial deficiencies.

[SPIDERMAN008]

People should always try to invest base on their financial capacity i believe there are rich investors who mostly lump sum this is base on their strength as long as it's not going to affect them. Accumulating Bitcoin aggressively is good provided it's done with our discretionary income when all necessary needs has been kept in place, there are two things i dislike in Bitcoin investment when a folk is accumulating Bitcoin outside his discretionary income that's using money that is not his discretionary income to accumulate Bitcoin and waiting for the price of Bitcoin to dip before accumulating when you haven't even gotten to your over accumulation stage.

If you are accumulating Bitcoin outside your discretionary income then you can continue doing that for sometime but you wont be able to continue that practise for long. This is because in case there is an incident in which you need money then you have to cash out your Bitcoins. There are few things we need to understand before we start investing in Bitcoin. Firstly, it must be clear that Bitcoin is for long term and we must buy Bitcoin from our discretionary income, these two things are tightly linked with each other.

I agree with you. Investing without discretionary income means take huge risk. Because here, there will be more losses than profits. Because it will be difficult to hold Bitcoin for a long time without discretionary income. Because it is difficult for someone who does not have discretionary income to meet their living expenses, after that, if they invest in Bitcoin, then if they suddenly need some emergency money, they will have to sell Bitcoin. And if they cannot hold Bitcoin for a long time, it will become trading. Short term trading is very risky. It works almost like gambling. So there can be both losses or profits. But the possibility of losses is high.

[Sim_card]

To invest in Bitcoin, you definitely need a reasonable income, which we also refer to as a discretionary income position. It is very important to invest in Bitcoin for the long term in the current position, because Bitcoin investment plays the most important role in your future financial independence. If you invest in Bitcoin according to the DCA method, it will be much easier for you to maintain your Bitcoin investment.
So start investing in Bitcoin right now and keep it for a long time and take the opportunity to buy Bitcoin repeatedly, you will definitely be able to achieve success quickly. And you will also be able to accumulate more Bitcoin in your portfolio, with which you will be able to eliminate financial deficiencies.

No, you don't need a reasonable income because someone with low income can have a discretionary income from his income and invest in bitcoin.

Income is different from discretionary income because your discretionary income is your extra cash that you don't need for any important needs and can do without it even if you loss it. It can be gotten from your income or somewhere else. While your income is what you need to take care of your basic needs and monthly expenses. Some people have income but they don't have discretionary income.

Therefore, what a new beginner needs to start his bitcoin investment is his discretionary income. It mustn't be big, be it as low as $10 and above is enough to get started.

Sometimes lump sum investing does better, and in other situations, more flexible or active strategies can outperform DCA.

I believe there is no other strategy that can be more active than DCA in the sense that DCA keeps you in the market always accumulating bitcoin either weekly or monthly consistently overtime till you reach your bitcoin investment. However, I believe that to increase your bitcoin portfolio faster overtime is when you mix all three strategies.

You keep your weekly DCA ongoing, lump sum whenever, you have extra funds and keep a reserve funds to buy more at the dip. Buying aggressively, when you have the financial strength and front loading your bitcoin investment is also a good way to increase your bitcoin portfolio faster.

[Bright0515]

To invest in Bitcoin, you definitely need a reasonable income, which we also refer to as a discretionary income position.

To be honest with you, the bold part of your statement is trying to discourage no coiners to start investing because not all no coiners have such huge amounts of discretionary income. From my own understanding you seems to neglect the importance of smart small during investments. What's even more important is not the reasonable income you talked about, the most important thing is getting started as soon as you have any spare money as your discretionary income. From my point of view, the reasonable income you are talking about about also refer to huge amount of money meanwhile if a beginner should wait unless their earn huge amount of money which you refer to as reasonable income, they will wait for a very long time (because money doesn't just pup's out from nowhere), and if they wait, they will likely miss a lot of opportunities from the market.

The bold part of your statement also try to convince beginners that Bitcoin investment is only for the rich because you talked like those without huge source of income can't invest into Bitcoin, meanwhile even the common individuals can start investing into Bitcoin if they have common sense and discretionary income. Based on my perspectives, if a no coiner wait until they start earning big amount bof money before they start buying Bitcoin, they may likely wait till forever, but if they start small they will probably secure their future.

Well, from the bold part of your statement, I don't think you understand that when someone develop the habit of investment they will work harder to make sure they earn more more through their job or other side hustle so that they can accumulate more Bitcoin through DCA strategy. So what I'm trying to say here is that even though an investor doesn't earn huge amount of money, but they DCA into Bitcoin with the little money they have as their discretionary income, it will make them to seek for other opportunities so that they can meet up to accumulate more Bitcoin.

[ChocolateBitcoinK]

People should always try to invest base on their financial capacity i believe there are rich investors who mostly lump sum this is base on their strength as long as it's not going to affect them. Accumulating Bitcoin aggressively is good provided it's done with our discretionary income when all necessary needs has been kept in place, there are two things i dislike in Bitcoin investment when a folk is accumulating Bitcoin outside his discretionary income that's using money that is not his discretionary income to accumulate Bitcoin and waiting for the price of Bitcoin to dip before accumulating when you haven't even gotten to your over accumulation stage.

If you are accumulating Bitcoin outside your discretionary income then you can continue doing that for sometime but you wont be able to continue that practise for long. This is because in case there is an incident in which you need money then you have to cash out your Bitcoins. There are few things we need to understand before we start investing in Bitcoin. Firstly, it must be clear that Bitcoin is for long term and we must buy Bitcoin from our discretionary income, these two things are tightly linked with each other.

In the case of investment, we have to be sure that the money we are investing, we can hold this invested money in all kinds of situations without any problem. If we use the necessary money in the case of investment, we will naturally not be able to hold it for a long time, because we will need the money only when we need it and at that time we will not have any other money except this invested money, as a result we will have to face the obligation to sell our investment. And this can make us face losses at that time, because the price moves with volatility, as a result we may have to sell at a loss at that time. It is always most appropriate to use discretionary income for investment, no matter how low the discretionary income is, keep it regular, but we should never invest the necessary money.

[Cgrexp]

People should always try to invest base on their financial capacity i believe there are rich investors who mostly lump sum this is base on their strength as long as it's not going to affect them. Accumulating Bitcoin aggressively is good provided it's done with our discretionary income when all necessary needs has been kept in place, there are two things i dislike in Bitcoin investment when a folk is accumulating Bitcoin outside his discretionary income that's using money that is not his discretionary income to accumulate Bitcoin and waiting for the price of Bitcoin to dip before accumulating when you haven't even gotten to your over accumulation stage.

If you are accumulating Bitcoin outside your discretionary income then you can continue doing that for sometime but you wont be able to continue that practise for long. This is because in case there is an incident in which you need money then you have to cash out your Bitcoins. There are few things we need to understand before we start investing in Bitcoin. Firstly, it must be clear that Bitcoin is for long term and we must buy Bitcoin from our discretionary income, these two things are tightly linked with each other.

I agree with you. Investing without discretionary income means take huge risk. Because here, there will be more losses than profits. Because it will be difficult to hold Bitcoin for a long time without discretionary income. Because it is difficult for someone who does not have discretionary income to meet their living expenses, after that, if they invest in Bitcoin, then if they suddenly need some emergency money, they will have to sell Bitcoin. And if they cannot hold Bitcoin for a long time, it will become trading. Short term trading is very risky. It works almost like gambling. So there can be both losses or profits. But the possibility of losses is high.

You are right. By surplus we mean the income remaining or considered after meeting all the necessary expenses of our life. And when we invest from the considered income, it ensures that we are investing only after meeting all our necessary expenses. After which we do not have to face mental stress. At the same time, it is possible to maintain the continuity of investment. However, short-term trading is not gambling. Trading can somehow become gambling due to behavioral reasons. If an investor does not make decisions based on any kind of analysis, knowledge and experience and trades based on luck

[ejikeme24]

yeah dca saved a lot of people from panic selling at the
bottom, no strategy is more boring and more effective
at the same time

The DCA method is not what actually save people from panicking and selling but rather what save people I mean investors from panicking and selling premature is their level of knowledge and understanding. They  know the funds that they are meant to use in their accumulation journey and they also know how to sort out their expenses and how to secure their emergency funds from their discretionary income. Don't forget there are folks that are using the DCA method yet they panic and sell at loss and the reason they do that is very simple, the reason is because they lack these knowledge and understanding of how to figure and sort out things for their investment.

I agree to say that discipline is what save people from panicking and sell, if an investor is discipline they will know how to scale through from any situation they find themselves especially if it's the one that would damage their Long term investment plan. Knowledge can only help investor in some areas but not when it has to do with dip. Of course during the dip discipline is what we need to overcome some temptations because if you talk about knowledge and understanding there are investors who have gained the best knowledge and also a proper understanding about bitcoin investment yet they lack discipline so in terms of panicking I think discipline is what we need.

[avp2306]

If you are accumulating Bitcoin outside your discretionary income then you can continue doing that for sometime but you wont be able to continue that practise for long. This is because in case there is an incident in which you need money then you have to cash out your Bitcoins. There are few things we need to understand before we start investing in Bitcoin. Firstly, it must be clear that Bitcoin is for long term and we must buy Bitcoin from our discretionary income, these two things are tightly linked with each other.

I agree with you. Investing without discretionary income means take huge risk. Because here, there will be more losses than profits. Because it will be difficult to hold Bitcoin for a long time without discretionary income. Because it is difficult for someone who does not have discretionary income to meet their living expenses, after that, if they invest in Bitcoin, then if they suddenly need some emergency money, they will have to sell Bitcoin. And if they cannot hold Bitcoin for a long time, it will become trading. Short term trading is very risky. It works almost like gambling. So there can be both losses or profits. But the possibility of losses is high.

Without having a discretionary income, their road for long term invest on Bitcoin is so shaky. Emergency situation is huge threat because one serious problem can make them decide to sell what they accumulate for many months. Then those long term plans will turn into trading if they are into that set up.

So the best action to do is to use only their discretionary income for investment, since with this they can hold without having huge problem and they get less chance to take risk on short term disturbance and they get high chance to survive on those challenges they are facing.

[Publictalk792]

Without having a discretionary income, their road for long term invest on Bitcoin is so shaky. Emergency situation is huge threat because one serious problem can make them decide to sell what they accumulate for many months. Then those long term plans will turn into trading if they are into that set up.

So the best action to do is to use only their discretionary income for investment, since with this they can hold without having huge problem and they get less chance to take risk on short term disturbance and they get high chance to survive on those challenges they are facing.

Even without some sort of financial cushion, making investment without financial buffer is not only risky, but it is road to forced liquidation. Once a person uses that rent or grocery money to buy Bitcoin, he is not really investing at all, but merely gambling, in hopes that some emergency will not hit before next pump. I think only type of development that would bring about creation of Diamond Hands is the psychological peace that is offered by discretionary income. When you start spending some money which is tied to your survival, your time preference is longer after this investment. According to theory, short term fluctuations in price however, should be irrelevant to investor holding the securities in the long term. An investor with discipline understands that intention is to survive ups and downs, other than simply to purchase the asset.

[Razmirraz]

Snip.

I agree with you. Investing without discretionary income means take huge risk. Because here, there will be more losses than profits. Because it will be difficult to hold Bitcoin for a long time without discretionary income. Because it is difficult for someone who does not have discretionary income to meet their living expenses, after that, if they invest in Bitcoin, then if they suddenly need some emergency money, they will have to sell Bitcoin. And if they cannot hold Bitcoin for a long time, it will become trading. Short term trading is very risky. It works almost like gambling. So there can be both losses or profits. But the possibility of losses is high.

Investors should never ignore the basic principles of financial management, investing in volatile assets like Bitcoin without disposable income or an emergency fund is like taking a high risk, even bordering on gambling. Psychological pressure often comes when their position is pressing to meet unexpected needs. When the pressure comes, Bitcoin becomes the only asset that can be liquidated, but if at that time the price is falling, then losses are inevitable.

A highly recommended action when investing is to use cold money or money that is specifically allocated for risk and does not interfere with daily living expenses. Panic often arises when someone invests but their finances are not yet fully stable. If a beginner wants to start investing, the main priority should be securing income, building an emergency fund, after which they can make a decision to invest.

[JayJuanGee]

yeah dca saved a lot of people from panic selling at the
bottom, no strategy is more boring and more effective
at the same time

DCA is not necessarily boring, especially if you ongoingly work on your cashflows and figure out ways to increase your aggressiveness.

There could be some "boring" aspect in terms of not needing to give much if any emphasis to bitcoin prices, so for example, maybe a guy has a plan to try to prioritize bitcoin investing, and even though on average he is investing around $100 per week bitcoin, yet some weeks he is able to invest close to $300 into bitcoin (based on his cashflows that week) and other weeks, he is only able to invest around $40 or $50.. even though he might have had set up some side funds so that no matter what he buys $40 per week, and another thing that he did is to set his buys to happen anywhere between Friday and the following Thursday.  He tends to get paid on Fridays.. and so he will sometimes strategize his buys within the week (at least when he has time, since some weeks he has several activities on his schedule and he might not have time to manually make his weekly buys).. so if he has a plan that if by Thursday at 8pm, he had not made his weekly buy, he will buy at any price at that time, since on Friday, he will have a new paycheck that comes available.

Maybe he had been carrying out his plans for 6 months, and he has been also building his cashflow management, which is another thing that he considers to be interesting about his carrying out of his cashflow management for the purpose of freeing up more discretionary funds, if he is able to figure out some ways to do it.

[NewRevelation]

yeah dca saved a lot of people from panic selling at the
bottom, no strategy is more boring and more effective
at the same time

DCA is not necessarily boring, especially if you ongoingly work on your cashflows and figure out ways to increase your aggressiveness.

There could be some "boring" aspect in terms of not needing to give much if any emphasis to bitcoin prices, so for example, maybe a guy has a plan to try to prioritize bitcoin investing, and even though on average he is investing around $100 per week bitcoin, yet some weeks he is able to invest close to $300 into bitcoin (based on his cashflows that week) and other weeks, he is only able to invest around $40 or $50.. even though he might have had set up some side funds so that no matter what he buys $40 per week, and another thing that he did is to set his buys to happen anywhere between Friday and the following Thursday.  He tends to get paid on Fridays.. and so he will sometimes strategize his buys within the week (at least when he has time, since some weeks he has several activities on his schedule and he might not have time to manually make his weekly buys).. so if he has a plan that if by Thursday at 8pm, he had not made his weekly buy, he will buy at any price at that time, since on Friday, he will have a new paycheck that comes available.

Maybe he had been carrying out his plans for 6 months, and he has been also building his cashflow management, which is another thing that he considers to be interesting about his carrying out of his cashflow management for the purpose of freeing up more discretionary funds, if he is able to figure out some ways to do it.

I must say that DCA strategy isn't boring and not a static measure of investment because it offers freedom to adjust and/or re-adjust your buying amount or days to suit your cash flow and/or income. There is always liberty to it. Guys who tend to prioritize the investment in Bitcoin will always benefit form Bitcoin investment using the DCA as they will sought for other ways to grow there income and add to there weekly buys which is necessary. Perhaps, we can't really say the DCA strategy is boring, but it gives investors freedom to plan there investment and buys at anytime according to the available discretionary, ams of course, that's enough work and attention already to become a boring approach of buying Bitcoin

To invest in Bitcoin, you definitely need a reasonable income, which we also refer to as a discretionary income position.

This isn't true, because what may be a reasonable income for Mr A, may be just a weekly spending for Mr B. And so, you don't need a reasonable income or a big money before investing in Bitcoin. What you sorely need to invest in Bitcoin is your ability to figure out what is your discretionary income from the income you have, and a common sense, and you can invest in Bitcoin. Wether or not your discretionary is big enough for you, you can begin investing using the DCA which allows you invest with little amounts, and gradually you can sought for ways to improve your discretionary and also grow your investment amount.

[pusaka]

yeah dca saved a lot of people from panic selling at the
bottom, no strategy is more boring and more effective
at the same time

DCA is not necessarily boring, especially if you ongoingly work on your cashflows and figure out ways to increase your aggressiveness.

There could be some "boring" aspect in terms of not needing to give much if any emphasis to bitcoin prices, so for example, maybe a guy has a plan to try to prioritize bitcoin investing, and even though on average he is investing around $100 per week bitcoin, yet some weeks he is able to invest close to $300 into bitcoin (based on his cashflows that week) and other weeks, he is only able to invest around $40 or $50.. even though he might have had set up some side funds so that no matter what he buys $40 per week, and another thing that he did is to set his buys to happen anywhere between Friday and the following Thursday.  He tends to get paid on Fridays.. and so he will sometimes strategize his buys within the week (at least when he has time, since some weeks he has several activities on his schedule and he might not have time to manually make his weekly buys).. so if he has a plan that if by Thursday at 8pm, he had not made his weekly buy, he will buy at any price at that time, since on Friday, he will have a new paycheck that comes available.

Maybe he had been carrying out his plans for 6 months, and he has been also building his cashflow management, which is another thing that he considers to be interesting about his carrying out of his cashflow management for the purpose of freeing up more discretionary funds, if he is able to figure out some ways to do it.

What I felt and experienced while doing DCA actually gave me a new activity, and it wasn't boring. I was required to continue managing my finances well to ensure my DCA program ran smoothly. Everyone's financial capabilities are different, and I positioned myself to remain productive so I could generate additional income besides my main job.

I have a target of $30 per week, for example, but I have to strive to allocate more than my usual minimum, not less. I know we can invest any amount without overexerting ourselves, but we have to push ourselves.

Perhaps I'm very excited when doing DCA, so that's what makes this strategy not boring, but in fact, the opposite. Because in my experience, something boring is an activity where I'm not excited about what I'm doing.

[B-BossMan]

yeah dca saved a lot of people from panic selling at the
bottom, no strategy is more boring and more effective
at the same time

DCA is not necessarily boring, especially if you ongoingly work on your cashflows and figure out ways to increase your aggressiveness.

There could be some "boring" aspect in terms of not needing to give much if any emphasis to bitcoin prices, so for example, maybe a guy has a plan to try to prioritize bitcoin investing, and even though on average he is investing around $100 per week bitcoin, yet some weeks he is able to invest close to $300 into bitcoin (based on his cashflows that week) and other weeks, he is only able to invest around $40 or $50.. even though he might have had set up some side funds so that no matter what he buys $40 per week, and another thing that he did is to set his buys to happen anywhere between Friday and the following Thursday.  He tends to get paid on Fridays.. and so he will sometimes strategize his buys within the week (at least when he has time, since some weeks he has several activities on his schedule and he might not have time to manually make his weekly buys).. so if he has a plan that if by Thursday at 8pm, he had not made his weekly buy, he will buy at any price at that time, since on Friday, he will have a new paycheck that comes available.

Maybe he had been carrying out his plans for 6 months, and he has been also building his cashflow management, which is another thing that he considers to be interesting about his carrying out of his cashflow management for the purpose of freeing up more discretionary funds, if he is able to figure out some ways to do it.

I understand your point here, and I must agree completely that Dollar-Cost Averaging in bitcoin doesn’t have to boring as some people see it, the truth Is, many investors adapt it to fit thier cashflow, just has you explained here and that flexibility it actually what make it a more sustainable long-term. However, the main priority in Dollar-Cost Averaging DCA is just disciplne and consistency, having the minimum commitment irrespective or the market conditions at any moment.


You have actually highlighted a good example of how newbies or the experienced investors can build on that foundation easily and still succeed, DCA actually removes the stress of one trying to predict the prices, but it doesn’t actually stop anyone from being active. By knowing how much money comes in and how much goes out, after one can be able to know his discretionary income to invest in bitcoin, also people don't actually need to stress thierselves about the exact price, instead they should give thierselves a very convenient time frame to make thier weekly purchases regularly without overthinking the price movements.

[ZeroVinsonN]

yeah dca saved a lot of people from panic selling at the
bottom, no strategy is more boring and more effective
at the same time

DCA is not necessarily boring, especially if you ongoingly work on your cashflows and figure out ways to increase your aggressiveness.

There could be some "boring" aspect in terms of not needing to give much if any emphasis to bitcoin prices, so for example, maybe a guy has a plan to try to prioritize bitcoin investing, and even though on average he is investing around $100 per week bitcoin, yet some weeks he is able to invest close to $300 into bitcoin (based on his cashflows that week) and other weeks, he is only able to invest around $40 or $50.. even though he might have had set up some side funds so that no matter what he buys $40 per week, and another thing that he did is to set his buys to happen anywhere between Friday and the following Thursday.  He tends to get paid on Fridays.. and so he will sometimes strategize his buys within the week (at least when he has time, since some weeks he has several activities on his schedule and he might not have time to manually make his weekly buys).. so if he has a plan that if by Thursday at 8pm, he had not made his weekly buy, he will buy at any price at that time, since on Friday, he will have a new paycheck that comes available.

Maybe he had been carrying out his plans for 6 months, and he has been also building his cashflow management, which is another thing that he considers to be interesting about his carrying out of his cashflow management for the purpose of freeing up more discretionary funds, if he is able to figure out some ways to do it.

What I felt and experienced while doing DCA actually gave me a new activity, and it wasn't boring. I was required to continue managing my finances well to ensure my DCA program ran smoothly. Everyone's financial capabilities are different, and I positioned myself to remain productive so I could generate additional income besides my main job.

I have a target of $30 per week, for example, but I have to strive to allocate more than my usual minimum, not less. I know we can invest any amount without overexerting ourselves, but we have to push ourselves.

Perhaps I'm very excited when doing DCA, so that's what makes this strategy not boring, but in fact, the opposite. Because in my experience, something boring is an activity where I'm not excited about what I'm doing.

As long as your weekly target still comes from your discretionary income then I suppose there is nothing wrong with it but the moment you start pushing for a fixed weekly investment amount then you have to be careful because you might end up having to take from outside your discretionary income in a attempt to reach your weekly quota whenever your discretionary income doesn't reach that threshold and at that point it doesn't matter what investment strategy you are using, DCA or not you are already setting yourself up for a disaster.
Whatever you do make sure to keep your investment within your discretionary income.

[ruykeri]

What I felt and experienced while doing DCA actually gave me a new activity, and it wasn't boring. I was required to continue managing my finances well to ensure my DCA program ran smoothly. Everyone's financial capabilities are different, and I positioned myself to remain productive so I could generate additional income besides my main job.

I have a target of $30 per week, for example, but I have to strive to allocate more than my usual minimum, not less. I know we can invest any amount without overexerting ourselves, but we have to push ourselves.

Perhaps I'm very excited when doing DCA, so that's what makes this strategy not boring, but in fact, the opposite. Because in my experience, something boring is an activity where I'm not excited about what I'm doing.

Trying to invest with a higher amount can be a good opportunity in the beginning. I think you are experienced person though i will give you a advice that you have to be a more careful so that you do not go beyond the discretionary income. Because if you can invest a little aggressively in the beginning, there is a greater chance of getting more sats at a lower price. If you want to increase DCA, you should try to increase income. Because only when discretionary income increases, you will get the opportunity to make DCA with a higher amount. You are trying that too, it is a very good decision. But many people think of DCA as boring in a negative sense, because here you have to buy Bitcoin and hold it for a long time. It is annoying for those who want profit in the short term.