Quote from: Pandorak on Today at 05:31:48 PM

Quote from: Rustam Meraj on Today at 10:45:21 AM

-snip-

Exactly, this method allows those who do not have a large income to have the same opportunity to invest. You don't have to have a large income to be able to buy all at once, such as buying several Bitcoins in one purchase. The DCA method can be applied as long as they have an income, which then generates discretionary funds. These funds can then be used for investing. Why discretionary funds? Because these are the remaining funds after covering essential living expenses such as food costs, rent/housing, electricity bills, installments, emergency savings, and other important expenses. If there is any money left over, that is what is referred to as discretionary funds.

DCA is a great investing method and many investors actually use it all the time - but DCA is just a subjective choice. DCA can be done whenever you have money - it doesn't matter how much and how long you have to accumulate it. You don't have to force yourself to have a budget at the end of each month just for DCA - the point is, you can buy whenever you want as long as you have a budget.

After all - the discretionary funds you're referring to shouldn't be solely for investments like DCA. Discretionary funds should be flexible, meaning they can be used for anything, including deepening your knowledge by taking courses and so on, or perhaps even developing your other side business.