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.
It is not compulsory that that the DCA amount must be fixed amount,an investor can decide to be using a fixed percentage of his discretionary income let says %70 to be doing DCA or more and this fixed percentage is not a fixed amount it varies with the investors discretionary income.An investor can decide to increase or decrease his DCA amount as per his level of discretion.however as long as DCA is concerned the investor must maintain buying bitcoin at regular intervals and holding for a longer time.An investor DCA strategies should be able to suit there income flow and long term goals.
As you can see the definition of the dollar-cost averaging (DCA) by Google, it involves investing an equal amount of money consistently so even if your discretionary income increases and you also want to increase you DCA amount, it must be done equally at regular intervals. An investor who has reserved funds can still decide to be investing all their discretionary income in buying bitcoin because the reserved can still stand for miscellaneous expenses that you didn't bargain for, so even if you use all your discretionary amount, it won't be a problem for you.
Dollar-cost averaging (DCA) is an investment strategy where you invest a fixed amount of money at regular intervals, regardless of the market's fluctuations, aiming to reduce risk and potentially achieve a lower average purchase price over time.
LinkYou are reading that definition (which is an AI construction) too strictly, since DCA can vary based on exact time and also in terms of exact amount and still be DCA. You could choose to invest 70% of your discretionary income into bitcoin, or maybe you can choose some amount that fluctuates based on some other matters that you consider to be priorities for you.
I know that Google definition is based on interpretation of an AI but however, i might sound too strict or take the definition too seriously but it doesn't mean that anyone cannot also apply their own best practices and still refer to it as the dollar-cost averaging strategy and it still work perfectly for them. I thought a discretionary income is a left over amount after one must have attended to other basic things needed which means that an investor can choose to go all in with his discretionary income and invest in bitcoin since he already have other income to take care of any other issues that may come up later on. This means that the DCA amount is also part of the discretionary income hence one can still plan it in a way that they can maintain same amount of their discretionary income each time they want to DCA.
I would agree that some practices are more strict and consistent DCA, yet I would also argue that individuals have a lot of discretion regarding how aggressive or how whimpy that they would like to be. The more aggressive they are, then the more organized and strict they are going to need to be in their cashflow management systems. If they are going to be more whimpy, then they might not even place a very high priority on DCA buying into bitcoin, and almost any amount will work, which would still meet the definition of DCA investing, yet it would be very whimpy in terms of how high of a priority is given to bitcoin...
So surely, whimpiness or aggressiveness are somewhat sliding scale concepts and the AI definition bots are not talking about those kinds of ways of considering your bitcoin investment. They are also likely not even considering how bitcoin differs from other investments, including that DCA should not be applied to shitcoins, but the AI doesn't know that, since it does not even know what a shitcoin is. Surely, you have options to choose your level of aggressiveness and how much you might vary your own whimpy or aggressive approach to DCA buying of bitcoin based on your own financial and psychological circumstances, including how much you might learn along the way, and sure in the beginning of your bitcoin investment you might purposefully choose to be more whimpy in your investment while you are figuring out your cashflow management and other factors you consider to be relevant towards your bitcoin investing, yet as you become more confident in
your own finances and other individual factors, you may well choose to increase the level of your aggressiveness in investing into bitcoin.
I know that Google which you refer to as an AI doesn't have the ability to express the concept of bitcoin investment to a practical reality of how someone who is using the DCA strategy will choose to go about their investment but in is also important to note that every investment needs orderliness and not some random method of investing therefore the DCA strategy of investing same amount at regular intervals have to be adhered to but it do not mean that you can't still make some changes along when your cashflows and your discretionary income increases but there is still need to maintain same orderliness even though at some point you may likely meet some irregular DCA moments due to either a fluctuation in your earnings or your discretionary income. I am not trying to say that the discretionary income should be a fixed amount but since it is an amount you can do away with, it won't be problematic to go aggressively knowing too well that it won't affect your continuous DCAing since it will always be available upon when your income arrives.