An investor can never get any specific information about the future value of Bitcoin. So it is impossible to predict exactly which scenario Bitcoin's price will go ahead. So if you take any action by guess it will be very risky for you. So you just have to buy. And the easiest and risk-free method for this is the DCA method. Keep investing a certain amount regularly. Investing in the DCA method is an investment that locks you into a disciplined investment that helps you develop a regular savings habit. Whatever the market price, buy if the price is high and buy if the price is low, no matter. This will greatly increase the size of your investment portfolio, and speed up your long-term cost averaging. So get yourself addicted to DCA.
Whatever your investment approach, believe me it is never free from risk.
I don't agree that DCA is a risk-free investment approach, that's never true. You can buy using the DCA method to maximize asset price movements or volatil in the future, but never be free from risk. There are many more risks you need to consider than just a price drop, including the risk of losing your bitcoins due to hacking or other common human errors.
No investment product is risk-free, nor are any methods or strategic approaches. Everything has risks no matter how big or small, so don't say the wrong thing because someone might get lost because of you.
the risk of DCA lies in the fact that the coin in which we are DCA-ing could be dumping and the price will be lower than the average cost of our DCA.
this is why despite people always say to buy anytime we have money since we are doing DCA and DCA is the way, but I always prefer to buy whenever there's dip, the opportunity is always there with crypto and being patient and investing at the right time is the key.
blindly DCA-ing when price already near ATH i'd say silly move because it significantlly increases the average costs making us more vulnerable than other people and subject to losing money.
