DCA is also not for those who do not have stable finances, it is difficult to do DCA if your finances are not stable so I suggest you have a stable income first out there then you can do DCA happily without any obstacles.
So you think someone who wants to invest in bitcoin must have a stable income to implement the DCA strategy? And no one should invest in bitcoin if they don't have a stable income?
For me such assumption is very wrong and DCA strategy has no such rule. Even anyone can invest their money to save in bitcoin with only $1 every week or monthly.
I know someone in 2022 and he only makes about $50-$70 a week and it's not stable. But he can still do DCA to spend $2 on BTC every week.
What can you sustain on your investment if you don't have stable income? Everything will fall apart if you encounter financial issues since you might think about selling your Bitcoin if you don't have any option left.
So much better to find ways to create stable source of income so that there would be no problem arise towards your investment. We are talking about long term here and for sure we don't want to fail just because of small reasons.
Would be good for people if they can make everything sustainable since they can increase their chance to succeed without getting bothered by any financial disturbance.
The issue of financial stress must be resolved in advance by the investor. Because financial distress or distress is a normal occurrence during an emergency, but if there is no other solution for that situation at that time, this problem can damage the investor's holdings. Which can cause a lot of losses for the investor.
Therefore, creating a reliable source of income is very important for investors, and keeping an emergency fund for financial security is equivalent to a kind of obligation.
Basically, the investor must take all kinds of steps to protect his holdings. He must be prepared in advance to deal with any future emergency situation. And he must create various sources of income.
If he is careful about these things, there is no possibility of major losses from Bitcoin investment, because he can hold his holdings for a long time without any obstacles.