The main beauty of DCA is that before buying every time you don't have to worry about where the market is going or what the price is. If we always just wait for the price to drop and then buy then it's not DCA. Rather, we are indirectly trying to time the market. However, the reality is that no one can say for sure in advance whether today's dip is the lowest point in the market or whether the price will go lower from here.
Of course This does not mean that buying extra Bitcoin in the event of a major drop or crash in the market is wrong. if someone keeps a separate cash reserve in addition to regular DCA and buys some extra Bitcoin on a big dip, then that is definitely a smart strategy. But it is not right to confuse that extra buying with pure DCA that is a separate backup strategy.
To me the biggest strength of DCA is its strict consistency. The goal here is not to buy at the perfect or lowest price every time, but to accumulate Bitcoin calmly over the years without any stress. The easiest strategy to follow is one that doesn't have the hassle of predicting future prices and can survive multiple market cycles in the long term.
Hello man there is nothing smart in waiting. Keeping Xtra cash to buy bitcoin during the dip is buying the dip approach and it obviously need you to time the market. It is needless to mix DCa with buying the dip approach, because the more you buy the dip the more it can affect your DCa habit. Is will be better that person use that whole cash to DCa ongoingly instead of trying to outsmart the market.
The thing about dip is that there is no guarantee that it will happen anyways. And even if it happens, no one know when exactly it will happen. This is why it is better than person just keep buying ongoingly rather than wanting to time the market before buying.
You probably misunderstood Stive009. Stive009's point was that if someone keeps a separate reserve in addition to buying regularly, they can take advantage of the price drop and buy extra. I think his point is logical. PhilosopherKing, if you want, you can prioritize regular purchases and if you have the ability to keep a reserve, then you can buy extra when the price drops with that reserve. I don't see anything wrong here. Because you are not stopping buying and waiting, but rather taking an additional opportunity in addition to buying regularly.
