You got registered 5 day ago, that could be the reason why you came up with this.. I understand that your idea of waiting for lower price stemmed out of the need for being very profitable, that why it is recommended that profits shouldn't be in the minds of investors who are still in the process of their accumulation.. And so at this stage it is much more better you adopt the DCA approach and stick with it, instead of chasing after profit.. DCA is highly recommended for newbies coz it prevents waiting and makes folks to accumulate Bitcoin continuously at average prices without having to time the market...

What most bitcoin investors have failed to understand about Bitcoin is that it current price is nowhere near the price it might rise up to in the future, so even though it rises to it current all time high at $125k, buying and accumulating it regardless of that is the ideal thing to do because in few years time from now, that price might looks like a dip that may not come again.

Ok let's look at those investors that bought at the previous all time high at $72k and thought that they bought at the top, do you think that they will be regretting their actions of buying then when Bitcoin rose above $100k ? No.
So that is why it's not a wrong decision to buy at anytime because this price now is nowhere near the price it my skyrocket to in the future because Bitcoin is on the rise.

Someone who is accumulating Bitcoin for last 4 years or more can take advantage of current dip and can go for lump sum investment provided he has the discretionary income. The lump sum investment is more beneficial if you buy Bitcoin when it was around 65000$ then on 120,000$. This is not the case with DCA, if you are following DCA strategy and buy Bitcoin when it was at 120,000$ and continue buying when price went down to 65000$ then at the end you have a good average buying price. This is why it will be more beneficial if you mix all three strategies i.e. DCA, buy the dip and Lump Sum.   

Every investors have a choice to use one or more strategies if they have the money, they can also use only one strategy and add another one at there convenience provided they can afford to. There is no rule that says that it can only be one or more than one accumulation strategies, whichever you feel that you are comfortable with is what you will go for.

We all talk about DCA strategy as the best of the three which is true but then there are some investors that have the mindset of traders who are bent on buying at low price, they can hold their funds and wait for dip. There are also some that will hold on until they gather a lump sum before buying which is their own strategy. What stands DCA strategy amongst them is that you don't have to wait for dip or to come into lump sum before buying.

For a newbie investor, combining the three strategies may end up complicating things for them and giving them unnecessary distraction and investment complexities trying to figure out how to apportion funds to each strategy from their discretionary income. It may well be a better option for them to focus on their consistent periodic buys and not bother about any form of combination until they well advance into their accumulation journey and may have gotten better in their cashflow management practices to attempt such combinations, unless maybe they stumble on an unplanned extra fund from gifts or work bonuses, e.t.c and decided to put all into bitcoin which can be considered a lump sum.

I would encourage that newbies should not try such kind of combinations from their periodic discretionary income in their first buying cycle, so that they must have gotten enough experience to be able to experiment how to effectively combine more strategies at the same time from their discretionary income.

thats a misleading statement mate, its not a good investment idea especially for newbies with little or no bitcoin to their portfolio to wait until the price is low before they start buying and investing in bitcoin because you might end up waiting for years without buying bitcoin because bitcoin is highly volatile and you are not sure of the dip as it may or may not happen. the best thing to do is to buy with the dca method with just a discretionary income which will help you to buy bitcoin at any market price and hodl so you can be building your portfolio to reach your accumulation target or over accumulation. a true investor dont have to time or wait for market drop before buying bitcoin, it is a traders mindset which is a very wrong start for you.

DCA strategy is the simplest method of accumulating bitcoin into your portfolio, it gives you the opportunity of a gradual buying of bitcoin without stress or financial stress either as long as your discretionary income is available, dca does not pressurize you to accumulate more than what you can afford .

I dont see anything difficult about combining the three strategy provided you know what you are doing. An investor can be doing DCA strategy using discretionionary income and still apply the other two strategies. An extra cash may rise or a huge sum of money as a gift, an investor can decide to used this huge sum to do lump sum since the money wasn't meant for his or her expenses. It is also possible for an investor to set aside some percentage of there discretionionary income for buying the dip whenever it will occur. I don't see how combining this strategies will become a problem provided you know what you are doing.

We can't predict how bitcoin will perform, even the so called expert analysts who have tried have never been able to do so with any accuracy even though they are sometimes lucky enough to predict something that actually happens but not because they are good at prediction but because their luck just kicked in, whether bitcoin will go up or down is anyone's guess but with all the available evidence it is most likely to go up than down in the long term and that's what investor should be gunning for, the price at the time of purchase doesn't/shouldn't matter because it's not the target, the target is the price in the future.

You are holding a wrong knowledge about which source of income should be used for investment and the need for a stable source of income to invest. We need a source of discretionary income to invest. If we invest with our salary and if we have the necessary money in that money, then we will not be able to maintain our investment in the long term. We have to find a source of discretionary income from our salary and continue investing with that amount of money. Discretionary income is the amount of money left after deducting all your expenses, which is called the source of discretionary income.

We do not need a source of stable income to invest. If a person does not have a source of stable income and if he is able to find a source of discretionary income from his unstable source of income, then he can invest. I have seen proof of this myself, I have two uncles, one uncle works in a bank and the other uncle works in agriculture. The uncle who works in agriculture has a very unstable source of income and his income is less than the other uncle. But my farmer uncle can find discretionary income from this unstable source of income and invest. On the other hand, my uncle who works in a bank has a very high and stable income but he cannot find discretionary income because his expenses are very high. If we can control our expenses and find a source of discretionary income then we can invest.