If I had a chunk of cash at the end of 2022 and wanted to eventually convert it in bitcoin, then I would have invested 1/3 right away (based on prior halving timing, yada, yada), and 2/3 later (within the next 10 mo).
If you don't have a "chunk" and instead invest a part of your cashflow, then, sure, DCA your heart out, but if you had that "chunk", then dcaing=mostly wasting your time.
What's wrong with bulk-buying btc with a >70% discount from the ATH instead of just tipping your toes in?
I haven't said anything about TRADING, well, maybe @dragogonlinux did, and it is for those with certain skills;
I am mostly focused on buying and less on selling.
Having three big "gulps" instead of just one allows for sudden macro situations a la March 2020.
This should work and I have a 'feeling' that some WO regs with extra fiat money are doing exactly this while being quiet until after they are satisfied with their new buying and content with their improved positions.
Not saying there is anything wrong with your strategy. From my experience, DCA is a better option for newbies and people who are too emotional when it comes to parting with their FIAT! Like I said before, to get someone to buy when we are >70% from ATH is a mission on it's own! However, when we are +400% from last ATH, well, good luck convincing them to hold back a little....
You're dam right about WO Regs accumulating and adding to their stash!
I've got the following in place...
DCA every Tuesday (for myself and other's who finally understand what Bitcoin really is)
LN Node generation routing fees
#BTFD (anything greater than 4% decline)
Ladder Buys (starting from $20,000USD and lower to capitalise on any flash drops)
#NO SELL ORDERS in place anywhere!
