
Dollar cost averaging (DCA) is an investment approach. An investor may have overheard a friend say, "I'm DCA Ethereum and Bitcoin right now," and what this means is investing a set dollar amount on a regular basis, regardless of the current price of the security.
DCA is similar to "fractional shares" in the stock market, which are investments in a fraction of a stock that allows you to diversify and invest in high-priced stocks with modest amounts of money.