DCA had been the best strategy to use for your Bitcoin investment, it helps you avoid price manipulation since you can buy at any time irrespective of the price at that moment. Using DCA method to invest in Bitcoin, you have saved yourself all the necessary market panic of buying early before the price recover since you can buy at any time if you have your money.
Buying when the price dips is very important also, but most times, wake investors dont use to have enough capital then to buy, that is why they are always missing the opportunity due to lack of capital; but if you deploy the DCA method, you can accumulate as much Bitcoin as long possible. But always invest the amount you can afford to lose.
I dare to disagree. DCA is not the best strategy, period. It's the best strategy for the average earner, living from paycheck to paycheck, but not all of us are the same.
For someone with a lot of unnecessary assets, selling them and buying bitcoin is really the best strategy. Say you have houses cars and you admit that 2 of them are used purely for investment purposes. Why would you keep all 3? It's better to sell one house and get into bitcoin.
Say you have inheritance of $1m in the bank. Why would you DCA with that money? Just divide it into 4 parts and make a $250k lump sum purchase right away. If bitcoin falls by a lot, more than 20%, you'll make another 250k purchase. A year from now you'll be in a much better situation than if you were to DCA with $1-2k a month.