I like to think about the non-steady income in a couple of parts.
The first part is just figuring out what is your worst-case scenarios, what are your best case scenarios and what is your average... So then with that information you can try to project ahead, and most likely mostly using some combination of the worst-case scenarios and the average in order to figure out how much money you need to keep in your emergency fund in order to cover those situations in which the worst-case scenarios ended up playing out rather than the average case scenarios.
So, even though not necessarily likely worst-case scenarios could end up playing out for 6-12 months or more, and so the emergency cash fund should be able to cover the gap between what you need to live and what kind of income is coming in. Hopefully, you are already spending (your monthly expenses) somewhere less than your average case scenario which should then cause for an ability to invest (or DCA) with part of the amount that you are living below your average case scenario. and sure if the worse case scenario persists for a long time, you may well end up needing to either reduce or eliminate your DCA purchases of bitcoin, but if you have planned in advance you should not necessarily need to stop your DCA, and for sure, you do not want to end up putting yourself in a position in which you end up having to sell any of your BTC during periods in which worse case scenarios are playing out.. which likely would mean that you had not sufficiently prepared in terms of your emergency fund and/or the ways that you had been choosing to live in order to make sure that you are generally living below the amount of your average case scenarios rather than spending more than that.
As student, it is easy getting $10 per week for low income country oike mine but sometimes it gets as high as $50. For a student in this situation that want to start investing in Bitcoin, a DCA of $10 per week will be more feasible
You're hitting on a point that I found very interesting, investing as a student can be very difficult because there are other factors that could come up impromptu to spend money on in the school. Am not talking about student who spend so much on alcohol, hookers 😂😂 or whatever. I meant sometimes you might be asked to get a handout, textbook or to print some document so urgently and that alone can spoil the plan of investing the $10 every week. Don't you think it is best to set a monthly target or per semester so that withing that period you can invest huge whenever there is more money left in the week and invest less when the money let for a week is little but at the end you meet your target.
Another factor can be based on the increase in price of goods and services in a country, whereby the persons salary no longer meets the requirements of the things that is needed to sustain one's self. I think that have enough effect to alter one's DCAing in accumulating Bitcoin
IMO when you say the actual salary factor it doesn't change any views on the DCA issue.
Indeed, now we are in a really difficult condition and sometimes the income we have is very sufficient with expenses that are getting more and more expensive, but when we understand and can manage those needs well, investing and doing DCA will not be hampered by that because we can adjust the budget we have from the income in a month for daily needs including unexpected needs and to be in investment.
I think we already understand and can be flexible with something like this because of course the initial concept should start when thinking that this investment is only a portion or a few per cent of what we collect from the monthly salary.
This should be brought into a stated fact that inflation can harm one's level of DCAing.
If there should be an inflation in a country economy and the salary of that person remains the same there must be an effect on the person's method of accumulating Bitcoin. Not minding the emergency and most people get into debt as a result of there salary not meeting up to there basic need