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Dollar cost averaging your investment gives you an opportunity to buy into the market at every decreased the market experiences and reduce the outcome of you regretting buying at a higher price. Dollar cost average comes in handy because it's uncertain to know the actual bottom of Bitcoin or other cryptocurency of your interest.
Thanks for this very good insight, many people don't know what is dollar cost average. It is not finding the lowest point to buy at. It is near impossible to determine the lowest point to buy from. Dollar cost average as the name implies means averaging your investment instead going once into the uncertain market.
For instance, you want to make an investment of $1,000. Instead of buying once with $1,000. You can go x2 leverage with $200 incase the market will deep. When it dips, you can go on x5 leverage with $300. When market goes down again you can buy with $500 on x10 leverage. If the market reverses and wants to run into profit, the last x10 with 500 will give you massive profit even before the market will reach $300 buying point.