I may reach my Bitcoin goal very soon all thanks to majorly the Dollar Cost Averaging strategy. I have been investing some specific amount into Bitcoin every month since the past couple of years. I have been at least 80% consistent in doing that through the dips and the funds and the bears and the pumps. The question that's been on my heart is what do I do when I finally reach this goal: set a new one and DCA or just keep DCAing without any goal in mind. If you have reached reached your Bitcoin goal what did you do after then?
It is possible to profit from Bitcoin by blindly investing and holding it without doing proper research. But following DCA it brings better results in faster than normal investment. Bitcoin is a strong asset like gold and silver but Bitcoin is more profitable than gold and silver. So there is both profit and fun in investing here. All investments are risky but since the price of Bitcoin rises and falls quickly, investing here is a bit more risky. But DCA minimizes that risk and reduces the possibility of loss. And at the same time it is reasonable and profitable for everyone to follow DCA. I myself follow DCA for investing be it in bitcoin or altcoins