I think there is need for we to correct one impression that has been created in this place. Although I may be right or wrong, but I strongly believe that I am right on this. The impression that I have be observed here, is the fact that many people here believe that whenever we hear DCA method what comes to our mind is buying of bitcoin once a week or in a month on regular basis. Yes it's true, but the impression I want to correct is that, "you can buy your bitcoin multiple times in a week or in a month, and it will still be the DCA method. As many times as you wished to buy bitcoin in a week or month it's still DCA. Provided you are doing it regularly. What qualifies it to be the DCA approach is because of the regular buying you are making. Not doing it once or twice and give a gap of several weeks or months before buying again.
Well it is true as long as you are buying bitcoin at regular intervals with fixed amount of money it is still dca strategy let's take for instance if the price of bitcoin for 3days was $82k, $72k and $65k respectively. Now if an investor is buying with $10 every day for 3 days the investor has invested $30 dollars into bitcoin.when the price was $82k, bitcoin accumulated is $10/$82k which is equal to 0.000121btc.for $72k is $10/$72k which is 0.000139btc and for $65k is $10/$65 which is 0.000154btc.now the total BTC accumulated for this 3 days is 0.000414btc .To know if the investor is actually doing DCA ,lets get the average cost for each BTC , which is $30/0.000414. which will be $72463 per BTC. So I believe this my explanation has made it more clear for those that are entertaining any form of doubt that buying bitcoin every day is not dca,it is DCA as long as the investor is keeping up with DCA rules.
Is it compulsory that the dca amount must be a fixed amount? If yes that means investing can be burdensome and can make investors to use part of the money that they should have use to solve their expenses to completely their routing fixed amount of money for DCA at whenever their expenses becomes more larger than the previous week or month, for those that have a stable source of income probably a permanent job having a fixed amount for DCA can help to become more discipline in fact it can even become automated in a considerable way that it will not have a negative influence in sorting out their other needs, but for those that doesn't have a stable source of income maintaining a fixed amount for DCA will definitely become more difficult because of irregularities in their income flow, that is to say DCA amount shouldn't or must not be compulsorily a fixed amount for flexibility.