Not a bad strategy, but even a scheduled buy every week is a good idea so you dont have to watch the charts all the time. This of course is dollar cost averaging.
Possibly the worst advice I have ever read on this forum

it is not a bad advice, maybe he said it wrong.
for starters that is only bad if you are trying to day trade and make profit in short term. otherwise for everyone else who is not so willing to participate in the highly volatile market on very risky and shady exchanges that lack security, the strategy is "investment". and many people don't have a large sum of money to dump into bitcoin in one go, you get some extra money maybe leftover from your paycheck or something and invest that into bitcoin on short intervals such as a week or two as you come to that extra money.
of course you always want to look at the charts and do
some analysis.
I believe no analysis required in some instances. Pretend we bought $10,000 worth of Bitcoin today, price is $8,600 - $8,650, depends what exchange, and wait for 10 years.
I'm very confident that we would earn more profit than 90% of the day-traders in the forum, pretending that they also started with $10,000.