Does the DCA strategy inspire newbies to invest?

[Sonia_123]

I don't think that greed is the main problem or reason most people miss out on Bitcoin investment opportunities, but it's mostly because of impatient and the quest to make quick money or get rich quickly, because most of the guys that does this knows that buying and holding Bitcoin for long is the best way to reap something good from Bitcoin, but it's because of their desire for quick profit, which is cause by impatient, that makes them trade their Bitcoin and some even go as far as gambling on shit coin that doesn't ends well on most occasions.

So @Barikui1, what is greed actually if it's not about being impatient to follow the right investment route which seems to be time taken? It's only people that has a good understanding of the term investment that knows that being patient is an important requisite to grow mass profit. The bottom line is that if you can't be patient then you would definitely act greedy with your decision on your supposed investment and that could leave you with regrettable financial mistakes of losing opportunities to have increase profit in your portfolio if you had being patient and consistent in your bitcoin investment.

The problem here is that you are looking at greed as a bad component, but no, it's not because everyone have that parcel of greed in him or her, and besides you have to be greedy if you want to make it big, which is by waiting for your investment to grow while accumulating consistently, but when you are impatient, you will be unable to wait for your investment, or see the reason to accumulate consistently over the years, because to you their is no time to wait, you just want to make money from your Bitcoin investment quickly., so greed and impatient are two different things bro.

Time they say is money, anyone that finds it difficult to be patience and invest for a long term  that will be more profitable to you will be just wasting his time and would be seen as a gambler, because you don't invest for a short term and want to reap big because it's Bitcoin, you expect a magic of money increments to happen .

[alankasman]

The biggest opportunity isn't in catching every dip but it's owning Bitcoin for a long time. Bitcoin price will always go up or down but you don't build wealth by reacting to every move. You build it by staying in the game. By buying bitcoin with money somer can afford to leave alone for a long time, stay consistent, and let time do the heavy lifting. That's an opportunity no one can take away from you.

Your answer is absolutely correct because price drops are a bonus for those who occasionally make purchases not necessarily when market prices are declining. They also buy as much as they can when prices are stable as usual. Clearly they always make purchases very regularly. Those who do so regularly don't think about monitoring the market situation for price drops with the aim of making purchases which is completely wrong in its understanding.

Because not all parties make purchases when prices are decreasing sometimes there are also those who have been accumulating BTC for years of course the price is at a time when this is not something that makes them not make purchases but they are more towards normalizing their consistency with the goal that the assets they own can always increase just when they make a purchase the price is also decreasing of course this is part of the bonus for them in increasing the amount of Bitcoin they have which is clear the way we can reach the point we want is up to each of us personally in determining it. against time.

[Publictalk792]

The biggest opportunity isn't in catching every dip but it's owning Bitcoin for a long time. Bitcoin price will always go up or down but you don't build wealth by reacting to every move. You build it by staying in the game. By buying bitcoin with money somer can afford to leave alone for a long time, stay consistent, and let time do the heavy lifting. That's an opportunity no one can take away from you.

Your answer is absolutely correct because price drops are a bonus for those who occasionally make purchases not necessarily when market prices are declining. They also buy as much as they can when prices are stable as usual. Clearly they always make purchases very regularly. Those who do so regularly don't think about monitoring the market situation for price drops with the aim of making purchases which is completely wrong in its understanding.

Because not all parties make purchases when prices are decreasing sometimes there are also those who have been accumulating BTC for years of course the price is at a time when this is not something that makes them not make purchases but they are more towards normalizing their consistency with the goal that the assets they own can always increase just when they make a purchase the price is also decreasing of course this is part of the bonus for them in increasing the amount of Bitcoin they have which is clear the way we can reach the point we want is up to each of us personally in determining it. against time.

That bonus set of mind is definitely good attitude to have when it comes to dips. If you are already prepared to purchase frequently, price drop is not necessarily an issue just a slight bit more Bitcoin for the same amount that week. Switching your mind from “dips are signals” to “dips are random discounts” is full big change in emotional side of investing.

Difficulty is that most people are unable to have that attitude to stressful situation. But when the price is dropping on everything in your feed, social media is freaking out and you have to be pretty bold to hit buy, that is doom. It is where the gap between Bitcoin knowledge and just holding Bitcoin becomes clear.

[Nwaswago]

The biggest opportunity isn't in catching every dip but it's owning Bitcoin for a long time. Bitcoin price will always go up or down but you don't build wealth by reacting to every move. You build it by staying in the game. By buying bitcoin with money somer can afford to leave alone for a long time, stay consistent, and let time do the heavy lifting. That's an opportunity no one can take away from you.

Your answer is absolutely correct because price drops are a bonus for those who occasionally make purchases not necessarily when market prices are declining. They also buy as much as they can when prices are stable as usual. Clearly they always make purchases very regularly. Those who do so regularly don't think about monitoring the market situation for price drops with the aim of making purchases which is completely wrong in its understanding.

Because not all parties make purchases when prices are decreasing sometimes there are also those who have been accumulating BTC for years of course the price is at a time when this is not something that makes them not make purchases but they are more towards normalizing their consistency with the goal that the assets they own can always increase just when they make a purchase the price is also decreasing of course this is part of the bonus for them in increasing the amount of Bitcoin they have which is clear the way we can reach the point we want is up to each of us personally in determining it. against time.

That bonus set of mind is definitely good attitude to have when it comes to dips. If you are already prepared to purchase frequently, price drop is not necessarily an issue just a slight bit more Bitcoin for the same amount that week. Switching your mind from “dips are signals” to “dips are random discounts” is full big change in emotional side of investing.

Difficulty is that most people are unable to have that attitude to stressful situation. But when the price is dropping on everything in your feed, social media is freaking out and you have to be pretty bold to hit buy, that is doom. It is where the gap between Bitcoin knowledge and just holding Bitcoin becomes clear.

the real challenge isn't understanding that dips are opportunities; it's acting according to your plan when fear is everywhere. Almost everyone says they'll buy the dip during a bull market, but when a sharp correction actually happens, many hesitate because emotions become stronger than logic.That's why I believe the best time to prepare for a dip is before it happens. If you've already decided how much you'll invest and where the money will come from, you won't need to make emotional decisions during market.

[Abu-Naim]

the real challenge isn't understanding that dips are opportunities; it's acting according to your plan when fear is everywhere. Almost everyone says they'll buy the dip during a bull market, but when a sharp correction actually happens, many hesitate because emotions become stronger than logic.That's why I believe the best time to prepare for a dip is before it happens. If you've already decided how much you'll invest and where the money will come from, you won't need to make emotional decisions during market.

Then why not just be buying using the DCA method since it is easy and reliable with less stress?
Waiting for the dip can mean several things, if it comes to you unexpected and you don’t have money to invest at that point, some of us will decide to take loan to buy, which is what we always advise against.

As long as you are consistent with your DCA investment, you can buy Bitcoin at any amount of money because when correction comes, it will stay for long and your DCA time will come and you will also buy at low price that is why the DCA method is the best method, but if you are doing DCA and you have an opportunity to buy more than your target during the dip, it is an added advantage for you to accumulate more.

[WilliamCarter]

dca's more than just a strat for newbies; it's basically an auto-shield for discipline. most folks blow up trying to outsmart the vol with constant tweaking, but dca just turns those messy emotional choices into a set-and-forget routine. as long as u keep the size within your disposable income so the swings don't hit your real life, that long-term mindset beats any hft gimmick out there.

[alankasman]

That bonus set of mind is definitely good attitude to have when it comes to dips. If you are already prepared to purchase frequently, price drop is not necessarily an issue just a slight bit more Bitcoin for the same amount that week. Switching your mind from “dips are signals” to “dips are random discounts” is full big change in emotional side of investing.

I also think that if someone does not have such a mindset, they will feel depressed when prices fall, especially now that market prices are clearly falling. Of course, this is even more certain. With a healthy mindset, they will not think about things that are not beneficial to them personally, instead they will sell the existing amount. This is because the mindset or ideas they think do not really understand the situation that occurs regarding market prices.

[Loyang]

-snip-

Furthermore, smart investors never ignore moments and opportunities. They will continually monitor conditions and capitalize on them, even if they might have bought aggressively or in larger amounts in the past. But smart investors will always seize opportunities and capitalize on any moment that holds significant potential for the future.

The investors I’m referring to have strong financial capabilities and do not fall into the lower-middle-class category.
Saylor is an example I can mention here. He invests by identifying the right moments and opportunities. But I want to emphasize that not everyone has to wait until they become like Saylor to buy Bitcoin. It’s enough to be yourself—someone smart enough to recognize future opportunities that encourage investing in Bitcoin. In the long run, it won’t disappoint.

Michael Saylor never says to buy during a downturn and he never waits for a downturn. He always encourages everyone to keep buying as much as they can and he does the same himself. If you look at Michael Saylor's buying lists, you would think he buys using the DCA method. He buys as soon as he can afford to buy. He never sees a downturn.

[impulse709]

That bonus set of mind is definitely good attitude to have when it comes to dips. If you are already prepared to purchase frequently, price drop is not necessarily an issue just a slight bit more Bitcoin for the same amount that week. Switching your mind from “dips are signals” to “dips are random discounts” is full big change in emotional side of investing.

I also think that if someone does not have such a mindset, they will feel depressed when prices fall, especially now that market prices are clearly falling. Of course, this is even more certain. With a healthy mindset, they will not think about things that are not beneficial to them personally, instead they will sell the existing amount. This is because the mindset or ideas they think do not really understand the situation that occurs regarding market prices.

I'm in full agreement that mindset is one of the major key drivers of successful DCA investing. If investors understand that price is not the end of the world, it will be easier to avoid the emotional aspects of investing and make better decisions. They don't have to try to foresee every change in the market they can just stick to their course and build up along the way. However, using DCA alone is not enough. Another tip for new investors is to understand the fundamentals of Bitcoin and risk management to determine the why of investing. While having a good mindset and knowledge makes it easier to stick to it during both bull and bear markets.

[JayJuanGee]

[edited out]

When it comes to understanding volatility, beginners must accept to take that bold step in the right direction because it can only delay your investment time without even understanding it properly. To navigate through this confusion that comes with bitcoin volatility, you need to first focus on your risk tolerance and first invest what you can afford to HODL while also taking your time to understand that volatility is an integral part of bitcoin.

There has been folks who have been in this bitcoin investment for years and still haven't understood this volatility, how then does a beginner intend to understand volatility and using it as a yardstick to get started? He will only end up wasting all his time and by the time he realises, he would have missed many good buying opportunities. Until a beginner starts investing, he would never get completely convinced to invest, but when he is investing already he can learn in the process.

A beginner should first understand the need to HODL and invest rightly within their financial capacity. A beginner should also not get carried away by greed but on the sole purpose of doing the right thing and investing only their discretionary income and preparing for the unknown occurrence.

Of course, preparation for volatility can be mental, but also coupled with ongoing actions of buying bitcoin.

If a person looks at the bitcoin market, they should be able to see that the price tends to go up and down a lot.

It seems that if they are early and they are still accumulating then they can buy with money that they can afford to lose, so that they are not overly attached to the money (emotional or otherwise).

Another thing is having a 4-10 year time horizon or even much longer than that, then the person should be less attached to the money that is invested.

Of course, we all would prefer to make money, yet it seems that we are better off to remain somewhat detached from the money that we had invested into bitcoin... in order to make it through high periods of volatility.

And, yeah, it never really gets easier until maybe the bitcoin price goes up, yet even then, high amounts of volatility can scare even longer term bitcoiners out of some or all of their coins.

-snip-
Furthermore, smart investors never ignore moments and opportunities. They will continually monitor conditions and capitalize on them, even if they might have bought aggressively or in larger amounts in the past. But smart investors will always seize opportunities and capitalize on any moment that holds significant potential for the future.

The investors I’m referring to have strong financial capabilities and do not fall into the lower-middle-class category.
Saylor is an example I can mention here. He invests by identifying the right moments and opportunities. But I want to emphasize that not everyone has to wait until they become like Saylor to buy Bitcoin. It’s enough to be yourself—someone smart enough to recognize future opportunities that encourage investing in Bitcoin. In the long run, it won’t disappoint.

Michael Saylor never says to buy during a downturn and he never waits for a downturn. He always encourages everyone to keep buying as much as they can and he does the same himself. If you look at Michael Saylor's buying lists, you would think he buys using the DCA method. He buys as soon as he can afford to buy. He never sees a downturn.

Saylor/MSTR is not a good example to follow especially since he is using other people's money, he has various other financial instruments, besides bitcoin, so he is not a good example for individuals.

Sure, if a person is in their early bitcoin accumulation phase, it is good to buy bitcoin at all times, and some guys surely stay in their accumulation stage for 4-10 years or longer.. so they are always buying until they get enough bitcoin or more than enough bitcoin and it can take a long time to build a decently-sized bitcoin stash.

[Showlove01]

-snip-

Furthermore, smart investors never ignore moments and opportunities. They will continually monitor conditions and capitalize on them, even if they might have bought aggressively or in larger amounts in the past. But smart investors will always seize opportunities and capitalize on any moment that holds significant potential for the future.

The investors I’m referring to have strong financial capabilities and do not fall into the lower-middle-class category.
Saylor is an example I can mention here. He invests by identifying the right moments and opportunities. But I want to emphasize that not everyone has to wait until they become like Saylor to buy Bitcoin. It’s enough to be yourself—someone smart enough to recognize future opportunities that encourage investing in Bitcoin. In the long run, it won’t disappoint.

Michael Saylor never says to buy during a downturn and he never waits for a downturn. He always encourages everyone to keep buying as much as they can and he does the same himself. If you look at Michael Saylor's buying lists, you would think he buys using the DCA method. He buys as soon as he can afford to buy. He never sees a downturn.

I think we should not be using Michael Saylor as a motivation to buy Bitcoin right now because he is way big and far more than us in the Bitcoin world and how much or how he accumulate his Bitcoin should not be our concerns but instead, we should think on how we can be consistent with our small discretionary income to grow our portfolio because the kind of money Saylor use to purchase can be some people lifetime money or some people's yearly income and I guess you know what that means.

[Stive009]

dca's more than just a strat for newbies; it's basically an auto-shield for discipline. most folks blow up trying to outsmart the vol with constant tweaking, but dca just turns those messy emotional choices into a set-and-forget routine. as long as u keep the size within your disposable income so the swings don't hit your real life, that long-term mindset beats any hft gimmick out there.

I think that DCA  is not just a simple strategy for beginners; it essentially acts as an automatic shield against our emotions.
When the market is overly volatile, our emotional decisions are overridden. DCA removes this random emotion from the equation and turns investing into a ‘set-and-forget’ routine.

However, the most important condition here is that the investment amount must be within your disposable income. If you do DCA with a large sum of money beyond your means, then a major market ups and downs will hit your real life and mental health. And whenever real life strains arise, you will be forced to sell at a loss. It is important to have at least a few months of living expenses (emergency fund) as a backup before starting DCA. Otherwise, if a sudden medical emergency arises in real life, you will have to sell your hobby Bitcoin portfolio at a loss first. If your DCA amount is within your budget, your real life will not be affected even if the market crashes.

[alankasman]

I'm in full agreement that mindset is one of the major key drivers of successful DCA investing. If investors understand that price is not the end of the world, it will be easier to avoid the emotional aspects of investing and make better decisions. They don't have to try to foresee every change in the market they can just stick to their course and build up along the way. However, using DCA alone is not enough. Another tip for new investors is to understand the fundamentals of Bitcoin and risk management to determine the why of investing. While having a good mindset and knowledge makes it easier to stick to it during both bull and bear markets.

In my opinion it's more appropriate to stay on track and not worry about what's happening in the market. This might be tempting for some to increase their holdings but if you rely on the market I think this is part of delaying Bitcoin accumulation because the market graph is always changing over time ultimately preventing you from increasing your investment amount because the market is currently moving upwards.

So the motivation to make purchases begins to decrease and we will postpone it therefore in investing we need a smart idea in choosing the method because the method we choose is definitely the best for increasing the amount of our investment and we cannot possibly make it difficult for ourselves especially in terms of strategy of course it will make the path easier for the strategy we use namely DCA because currently this strategy is one that makes it easier for parties to accumulate Bitcoin to build up investments that become someone's assets in the future.

[Inwestour]

I think we should not be using Michael Saylor as a motivation to buy Bitcoin right now because he is way big and far more than us in the Bitcoin world and how much or how he accumulate his Bitcoin should not be our concerns but instead, we should think on how we can be consistent with our small discretionary income to grow our portfolio because the kind of money Saylor use to purchase can be some people lifetime money or some people's yearly income and I guess you know what that means.

I don't think it's worth focusing on Michael Saylor's strategy because he has to manage a company, and his approach is completely different from that of regular holders who buy and hold for the long term. He has shareholders, corporate responsibilities, tax considerations, and many other things to think about, including his responsibility to investors. That's why his strategy can't really be applied by ordinary people.

[Gost ms]

I think that DCA  is not just a simple strategy for beginners; it essentially acts as an automatic shield against our emotions.
When the market is overly volatile, our emotional decisions are overridden. DCA removes this random emotion from the equation and turns investing into a ‘set-and-forget’ routine.

However, the most important condition here is that the investment amount must be within your disposable income. If you do DCA with a large sum of money beyond your means, then a major market ups and downs will hit your real life and mental health. And whenever real life strains arise, you will be forced to sell at a loss. It is important to have at least a few months of living expenses (emergency fund) as a backup before starting DCA. Otherwise, if a sudden medical emergency arises in real life, you will have to sell your hobby Bitcoin portfolio at a loss first. If your DCA amount is within your budget, your real life will not be affected even if the market crashes.

To start investing through the DCA method, we do not need to have an emergency fund equivalent to a few months or to start investing. If a person has general knowledge about Bitcoin and has a source of discretionary income, then he can definitely start investing. Waiting to build an emergency fund to invest is a complete waste of time and deprivation of the opportunity to buy. An emergency fund can be built alongside investments. For example, you can divide your discretionary fund into three levels, such as one for an emergency fund, one for additional expenses, and one for investments. If you divide it like this, you can set aside money for an emergency fund and monthly or weekly additional expenses in parallel with investments.

But yes, it is very good to have our emergency fund at the initial level when starting investing. If a person starts investing without an emergency fund, it is extra risky

[cxtreenal]

-snip-

Furthermore, smart investors never ignore moments and opportunities. They will continually monitor conditions and capitalize on them, even if they might have bought aggressively or in larger amounts in the past. But smart investors will always seize opportunities and capitalize on any moment that holds significant potential for the future.

The investors I’m referring to have strong financial capabilities and do not fall into the lower-middle-class category.
Saylor is an example I can mention here. He invests by identifying the right moments and opportunities. But I want to emphasize that not everyone has to wait until they become like Saylor to buy Bitcoin. It’s enough to be yourself—someone smart enough to recognize future opportunities that encourage investing in Bitcoin. In the long run, it won’t disappoint.

Michael Saylor never says to buy during a downturn and he never waits for a downturn. He always encourages everyone to keep buying as much as they can and he does the same himself. If you look at Michael Saylor's buying lists, you would think he buys using the DCA method. He buys as soon as he can afford to buy. He never sees a downturn.

I think we should not be using Michael Saylor as a motivation to buy Bitcoin right now because he is way big and far more than us in the Bitcoin world and how much or how he accumulate his Bitcoin should not be our concerns but instead, we should think on how we can be consistent with our small discretionary income to grow our portfolio because the kind of money Saylor use to purchase can be some people lifetime money or some people's yearly income and I guess you know what that means.

Individual investors never need to follow institutional investors because the volume of those corporate Bitcoin holding companies is much higher. Those financial institutions have the capital of ordinary investors integrated with them and they can make any decision in times of financial need.

The Bitcoin holding companies that exist in the world may be able to influence the market for a while. The main driving force of the Bitcoin market is the individual Bitcoin holders. Michael Saylor is an inspiration. He has been accumulating Bitcoin for a long time and has been luring investors. Individual investors are accumulating Bitcoin for their own needs because they are accumulating Bitcoin regularly with it, rather than floating the fiat they have earned in the flow of inflation.

[yudi09]

-snip-

There are different opportunities in the market and most investors still ignore their chances of taking advantage to make money.
I have always known that not everybody will be profitable whether they are smart investors or greedy ones.
The market is opened to us with chances that can make investors who are diligent with accumulating Bitcoin but greed can make them to look to the other side of the track which can become unfortunate.

Over time, they expect profits through the capital they use gradually, which will be different from those who take daily profits in the market using technical means.
We have to separate the two between traders and investors. Bitcoin traders who expect to profit from their daily activities may become greedy but investors who are consistent over a long period of time have greater profits from price returns at any one time and they have a greater chance of winning than losing in terms of profits with the trader.

[Alonso_]

I find investors using the DCA strategy invest for the long term.
Special Considerations Should Beginners Follow the DCA Method for Bitcoin Investments? What Can Be the Outcome -Future

Yes I think it does inspire newbies to invest.
You know that most newbies are scared of when to enter the market because they lack knowledge of how the price movement goes so DCA strategy allows them to be buying in bit by bit.
Let's just put it that DCA makes newbies comfortable while investing even without having much knowledge about the market.

Helo guys, I'm a newbie here😊👏

You don’t need to know how or when the market moves, all you should be more interested in, is having a discretionary income that would give you the opportunity of buying bitcoin more aggressively, and consistently, I have been buying bitcoin for a very long time now as a newbie before I got started with investing in bitcoin, I didn’t know or learn everything immediately, it was more about buying bitcoin on a consistent basis having availability of a discretionary income, so you don’t need to know everything before getting started, what you just need and require is basic knowledge and understanding how to buy and keep your bitcoin, you’re welcome.

[Yablee0]

But yes, it is very good to have our emergency fund at the initial level when starting investing. If a person starts investing without an emergency fund, it is extra risky

For us not to have an emergency funds at the earlier stage of our investment journey is pretty risky because one can't actually detect the exact time problem comes. Unplanned situation just showed up without giving signal. Therefore, preparing ahead of time is an additional advantage to your investment journey and set you prepared in case of any emergency so you won't be forced to sell at lost just to fix up things.

the real challenge isn't understanding that dips are opportunities; it's acting according to your plan when fear is everywhere. Almost everyone says they'll buy the dip during a bull market, but when a sharp correction actually happens, many hesitate because emotions become stronger than logic.That's why I believe the best time to prepare for a dip is before it happens. If you've already decided how much you'll invest and where the money will come from, you won't need to make emotional decisions during market.

Then why not just be buying using the DCA method since it is easy and reliable with less stress?
Waiting for the dip can mean several things, if it comes to you unexpected and you don’t have money to invest at that point, some of us will decide to take loan to buy, which is what we always advise against.

As long as you are consistent with your DCA investment, you can buy Bitcoin at any amount of money because when correction comes, it will stay for long and your DCA time will come and you will also buy at low price that is why the DCA method is the best method, but if you are doing DCA and you have an opportunity to buy more than your target during the dip, it is an added advantage for you to accumulate more.

That's true and good advice like this is rarely seen. Waiting for the dip isn't always advisable since it can make you miss out in numerous opportunities that would've been utilize into real fortunes. DCAing remains the best method that suits every classes of persons you can every imagine, you can be doing it gratually according to your financial strength and trust me before you know it you have attain a level of stash of Bitcoin you can never imagine.

[Nwaswago]

But yes, it is very good to have our emergency fund at the initial level when starting investing. If a person starts investing without an emergency fund, it is extra risky

For us not to have an emergency funds at the earlier stage of our investment journey is pretty risky because one can't actually detect the exact time problem comes. Unplanned situation just showed up without giving signal. Therefore, preparing ahead of time is an additional advantage to your investment journey and set you prepared in case of any emergency so you won't be forced to sell at lost just to fix up things.

the real challenge isn't understanding that dips are opportunities; it's acting according to your plan when fear is everywhere. Almost everyone says they'll buy the dip during a bull market, but when a sharp correction actually happens, many hesitate because emotions become stronger than logic.That's why I believe the best time to prepare for a dip is before it happens. If you've already decided how much you'll invest and where the money will come from, you won't need to make emotional decisions during market.

Then why not just be buying using the DCA method since it is easy and reliable with less stress?
Waiting for the dip can mean several things, if it comes to you unexpected and you don’t have money to invest at that point, some of us will decide to take loan to buy, which is what we always advise against.

As long as you are consistent with your DCA investment, you can buy Bitcoin at any amount of money because when correction comes, it will stay for long and your DCA time will come and you will also buy at low price that is why the DCA method is the best method, but if you are doing DCA and you have an opportunity to buy more than your target during the dip, it is an added advantage for you to accumulate more.

That's true and good advice like this is rarely seen. Waiting for the dip isn't always advisable since it can make you miss out in numerous opportunities that would've been utilize into real fortunes. DCAing remains the best method that suits every classes of persons you can every imagine, you can be doing it gratually according to your financial strength and trust me before you know it you have attain a level of stash of Bitcoin you can never imagine.

I totally agree that DCA is the main building block because it removes the pressure of trying to predict the market. The biggest mistake many investors make is keeping capital on the sidelines while waiting for the perfect dip, only to watch the price recover without them knowing. And also,I don't think DCA and buying the dip have to compete. A disciplined investor can stick to a regular DCA schedule while keeping a small reserve for major corrections.