I can see a lot of praise of DCA here. I agree that it has its advantages: it's simple, affordable, it makes investing into Bitcoin a routine task, and overall it allows accumulating more and more BTC. However, I'd say that if someone has low income and can barely make ends meet, there's probably no good way to invest in Bitcoin. Because I firmly believe that people should only invest what they can afford to lose. Also, DCA is good overall primarily because Bitcoin tends to have long bear markets, so it means that a person is mainly accumulating BTC at a low price (compared to ATH). But we don't know if that's going to be the case in the future, and if the price remains stably high or is even growing, maybe DCA isn't very good because one's now getting a good price for it.

Of course any long term investment such as 4-10 years or longer should be taken from disposable income so that means that it is money that you do not need for short term expenses and perhaps even for medium to long term expenses, since as you mentioned that it is money that you can afford to lose so that you are ready, willing and able to lose 100% of it.. even though no one invests into something they expect will go to zero, even with a great investment such as bitcoin (perhaps the best investment currently available), there are still downside scenarios and even possibilities of it going to zero.

Another thing if you are investing long term and using a DCA approach, there might not be any exact idea about expected price specifics in the future or the exact timeline or circumstances of the investment beyond perhaps having some general parameters in regards to time and/or price in the future, yet there should be a presumption that the price trajectory is more likely to be up rather than down.. otherwise you would not want to invest into it.  

Yeah, you might end up being wrong, but you would still figure out whether to invest based on your expectations that the price trajectory is more likely to be up than down.   With a long term investment DCA works since it is not necessarily based on pump and dump ideas, yet people do also use DCA for pump and dump and trading kind of scenarios too, even though they may well expect to be in the asset for a shorter period of time than a long term investor and might even pre-establish some more specific price and/or time targets, which may well not be the case with a longer term investors - even though surely individuals have their own ways of establishing their price expectations and their timelines and whether they consider the investment to be long, medium or short. .so the categories of investing versus trading can surely overlap.... and the applicability of DCA is more based on how to get into the investment rather than needing to specifically establish how or when to get out of the asset... .

Mate! You seem very excited. There may be debate as to whether DCA is the best strategy or not. DCA strategy is really a very good strategy and it has low risk. But I can question whether DCA is the best strategy or not. I think your income and how much money you own must be considered in any method including the DCA method. When you invest you must have a source of income and investable income. If your income is not investable and if you start investing ignoring that then I can say it will be very difficult almost impossible to make your investment long. You may face losses if you cannot prolong the investment. As an investment strategy, most of the members will suggest you DCA strategy and advise you to invest for long term. In this case, if your income is not suitable for investment, then I think no one will advise you to invest. It doesn't matter how much money you own, but your income does.

I think everyone who invests in Bitcoin, whether they are beginners or those who have been around for a long time, must have arranged their finances as best as possible before starting to invest in Bitcoin. Even I don't think it's worth mentioning they are crazy people because they want to change their fate by investing in Bitcoin.

Like the topic title where DCA is the best and it is the right choice for them to apply it throughout their investment journey in bitcoin. Of course, they have determined from the start what percentage of money they are ready to use in investing in bitcoin, whether it is 5% of their income or more and that is a decision they must make as well as possible so that investment planning using the DCA method can run smoothly.

I was having this mindset before but after checking the history of Bitcoin in terms of the growth in price, I think that statement is not entirely correct. This is because no one loses money to Bitcoin if the investment is held for at least 5 years. Besides, the only time you get to lose money in Bitcoin is when you sell. So instead of advising people to invest only what they can lose, we can say that people should invest what they can afford to hold for long time. In other words, they should invest money they have no urgent need of and can afford to leave them there for some years. Consequently, I see Bitcoin as a good option for retirement savings and this is where the DCA method can be very useful for those earning regular income such as salary.

This is certainly very important for anyone who wants to run their investment well because without managing their finances well, it is very unlikely that they will be able to run their investment well, everyone certainly has the right to determine the type of assets they want to invest in for their future and of course they must really understand the investment being run.

When someone chooses to use the DCA method, of course this will be very good for their Bitcoin accumulation process and most importantly they have a steady source of income so they can easily run the method because it will be very difficult for some people who do not have a steady income to be able to do the method well and they may miss the purchase time that has been set because they do not have funds that they can use to accumulate Bitcoin, but for those who have a steady income, of course they will be able to easily divide the income they have and after all their needs are met, the rest can be used to accumulate their Bitcoin assets.

I would like to add that it is not so easy to find such payment in permanent Fulltime jobs. I have long thought about who among the workers gets paid every week, and I want to say that I do not know such professions. Probably only those workers who get paid like that every day.
But here on our forum, the signature campaign pays Bitcoins every week. And for the guys who buy on the DCA, this is a great option.
After all, as you noticed, they can buy Bitcoins more often than once a month.

It depends on each situation, but you need to also consider any applicable fees, specially if you are talking about small amounts in each case.

For example, you don't want to make frequent buys of say, $100, when you are paying a fee of $5 each time.

In the same way, moving Bitcoin around to your own wallet should not be done too frequently, to reduce the miners fees.

In certain scenarios you might be better off simply saving up for a larger amount and buying it all at the same time.

Since you can't predict the price in the future, you can simply ignore that aspect, you will win sometimes and lose sometimes.

I personally like the idea for newbie bitcoin accumulators to be accumulating bitcoin every week, and a weekly accumulation schedule helps for staying active in bitcoin and in bitcoin purchases and potentially allowing the buying of dips (and maybe even paying attention in terms of researching and learning more and more about bitcoin)... The longer that a newbie accumulates the more his own stash size and other personal circumstances might contribute towards his potentially moving off of weekly BTC purchases, yet there is no reason to believe that weekly DCA ONLY is beneficial to newbies, and it could be the case that even someone DCAing into BTC for more than 10 years might still be employing weekly DCA intervals.

Of course, when you are paid is ONLY part of the formula for budgeting your cashflow, and surely there is a need to consider expenses within your cashflow considerations and also to consider how you are maintaining and managing back up funds, so many times, a person will have to budget various expenses in terms of monthly intervals, since some bills will be come to be due on a monthly basis.

The less frequently a person is paid and the more irregular his disposable income (income versus expenses), then the more that he would likely have to maintain various kinds of backup funds to help to smooth out his ability to buy bitcoin every week and to make sure he is actually using disposable income to buy bitcoin rather than money that he might need for his expenses.

If you get used to holding, it won't be a challenge anymore. Once you've been holding for several months to years, and you're seeing your money grow then it is for you to decide that things coming to the market are normal things. Even the toughest news that makes the price of BTC plummet and nosedive, you won't be affected by it a lot.

Upon holding and you're in profit, that's when you take it out. You decide for how long you're going to hold. And those that sells at a wrong time and moment, they're mostly the panic sellers.