DCA is considerable but we know that not all would be financially capable on doing things and instead they would cut-loss so that the capital that they do have left would be something be invested
on other possible options that they would look upon.For those who do have extra money for doing DCA then it could be done but this would really require soo much trust and patience yet we know
that price could deep down further and its up to someone on how they would really be looking for this one.
Capital is the key, I agree. And the timing factor (all puzzle pieces falling into their right places), when do you do your DCA, as it could produce tremendous losses never to be recovered if wrong.
Then again, I do know someone who was patient enough (and probably lucky enough) and also happy with small gains + compounding, that has made it into now considerable trading order quantities, all from small start (since 2016 if I'm correct here).
Having said that, in 2017/early 2018 he's rather missed out on the bull run by trading and not investing but in the long run 5 years later, he's okay and discussing buying 100 x VOW:DE/DAX with me at the BBQ dinner.
Never used stop-loss. Go figure.