So within any DCA approach, you can choose the extent to which you want to be aggressive or whimpy, and whether you are aggressive or whimpy, you should still be able to manage other aspects of your budgeting which would be making sure that your expenses are below your income and/or managing your emergency funds, reserve funds and/or float. The mere fact that you are aggressive does not mean that you would necessarily end up being sloppy in gterms of managing various aspects of your budget.
for me being aggressive should be focused on when you have a higher paying job and being Wimpy when you have no job to back you up in the journey. I believe someone who has a higher earning with aggressive investment can DCA big fund weekly, and take care of his other responsibilities and have a better emergency fund except the person is a careless or an extravagant spender otherwise there is no point of have a bigger fund and yet lack a better strategic plan. although sometimes peop with high earning are always tempted to spend alot I must confess. you know they say when your money is big your responsibility also increase along with your current financial status. it only takes self decipline to control the urge of excessive or extravagant spending.
Isn't "aggressive" or "wimpy" meant in a situation-dependent way?
So if i have about $100 to spend each month through various ways of generating income and minimizing outflow, i would be "wimpy" to invest $1-$10 of it for DCAing Bitcoin vs. "aggressive" if investing $90-$100, right? I would also be "aggressive" if i, for example, cut my healthy but costly diet down to only eat potatoes and rice (or Ramen, to introduce a bit of religious humor...), right?
At least this is the way i understand this terminology: In relative, not absolute terms.
To be able to follow this discussion, do my assumptions, which are by no means complete, just simple examples, match?