Quote from: Z-tight on Today at 09:41:10 AM

Quote from: Cruxleo on Today at 07:38:45 AM

*Buy at intervals because of any possible variable.

Buying BTC through using dca is good and more convenient for investors, it aids an investor to control the volatility of BTC, and in my humble opinion it prevents naive investors from investing more than they can afford to lose in one lump sum purchase. Read more about dca in the link above.

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and observable is the absence of a support team unlike their centralized counterpart. That be the case, what are:
1. The recurring mistakes that could lead to loss of funds?
2. How can these mistakes be avoided. Since it seems like the only remedy.

These risks in decentralized exchanges are the same as the risk of sending BTC from your own non-custodial wallet to somebody else. If you use Binance 'fake' p2p for example, Binance in this case act as the intermediary and you hand over funds to them for the trade to be completed, that is why i call it 'fake' p2p, because there is a presence of a third party, do not think it is risk free too, there is also a possibility of a 'counterparty' risk, which may not only come from the 2nd party in the trade, but Binance themselves as they can confiscate your funds anytime and ask for more personal documents from you. A friendly reminder as well is that centralized support do not solve all the problems you run into when using their service.

In Decentralized exchanges there isn't any third party intermediary, you are sending funds directly to the 2nd party in the trade, that is exactly how the BTC network works, so you have to be careful and take responsibility as is expected of BTC users; before using decentralized you should read tutorials that will help you understand how to use them well. In the BTC network, lost funds are irreversible because the network does not work like a bank that is controlled by a central body, so decentralized exchanges not having a dedicated support team isn't a disadvantage because that's how the network operates, if you want to use a decentralized network and have self custody of funds do not expect too much handholding in it.

Regardless of whether it is "fake p2p" I believe both systems work as long as you do not hodl your Bitcoin in the exchange wallet which I believe is the bigger risk here.
For the centralized exchange, I think the exchange being an intermediary is good because they help to guarantee your transaction, holding the crypto asset until you confirm receipt of funds and vice versa which I believe will not make one party unwilling to release their own end of the transaction after receiving from the other.
As for DEX, I also believe that this mechanism is built into the system too because if not, we know humans of today, once they receive payment, might not want to release assets. Personally, I have used both and have never run into any issues with either one.