You should actually DCA BTC to reduce monopsony-like effects.

[Cryptomultiplier]

DCA certainly has benefits beyond return on investments. I believe it can be helpful to reduce anxiety by providing a simple investment routine and a sense of control. Furthermore, it can save time because there's no need to think about when to buy or when to sell.
As for monopsony-like effects, I don't disagree, but I'd appreciate more elaboration from the OP on why it's the case.

All I am saying in essence is that, while we may not even be aware when a monopsony-like effect begins to happen, it is to note however that the way power is concentrated in the mining pool of large exchanges, institutional investors probably acquiring ETFs and other large pocket investors may tend to create a situation that is monopsony-like, where there is but fewer persons who have significant control and influence over the cryptocurrency market trends by their acquisition of a particular crypto currency in larger volume than others.
That's why the DCA strategy from this approach is way important than any short term profit, so as to close the gap on control and influence that those who have more BTC in their portfolio than the rest, will have over the market.

 

[takuma sato]

I prefer to wait for extreme price movement and buy bigger chunks than some DCA-at-any-price approach since this dilutes a lot your entry price. Bitcoin is very volatile, it's not like the SP500, so you always have some opportunity to get in at a lower price. Of course not really always, you may end up holding the bag of cash waiting for a better entry, but generally there are always some events that lead to flash crashes and smart investors will flock in there to buy.

[nakamura12]

From what you saying here, does it mean El Salvador buying huge amount of Bitcoin daily either through DCA or not is manipulating the market price since it's a higher portfolio, or similarly with the Nation reserving Bitcoin with huge quantity is certainly aiming to manipulate the market to their own benefits?

To me, this can't distract or affect the market in anyway because Bitcoin market is a volatile one that doesn't rely on one source or something to surge down or high the price. The current price of Bitcoin is depreciating but El Salvador is keeping on buying Bitcoin everyday, why can't the market remain going higher as the case may be or to what rumors are saying, No.

It is possible since the amount of bitcoin that is bought isn't small since the amount of dollars in fiat currency is in millions, billions or even trillions so the supply will decrease and the price may increase but in my opinion, it won't be long to go back to as it is before the huge amount of money being use to buy bitcoin as some may sell some of their or even all their holdings for profit when it increase.