If you continue to worry about the price in your DCA method then this will hinder you, it could be that you keep thinking about the price that has started to rise while still hesitating to continue? I think this thought must be eliminated at least whatever the price is if it's the DCA method then just do it.
This was my initial problem too when I started it was really hard when I kept seeing price movements, if you keep thinking about this then investing in the DCA way will not develop but you will be reluctant to continue because you keep seeing prices.
If the goal of DCA is long-term, there is no need to worry about it, it should be a habit for us that there is no stopping to continue DCA.
People usually prefer to do DCA if the price goes further down from their buying price, They usually stop investing / DCA once the price goes up from their initial buying price. This may be right for people who have limited money, but the real essence of DCA is to make a plan to invest certain dollars into Bitcoin on a regular basis. It could be weekly, bi-weekly, monthly or whatever timeframe but it should be consistent. While doing the DCA, you would not look at the price. Just hit the
Market Buy button and move the bitcoin to your cold storage.
Even though I agree with your overall point that it can be a BIG waste of time to be trying to strategize dips with your DCA funds, there can still be ways to reasonably try to buy on dips with your DCA, whether your DCAs are on a weekly or on a monthly basis...
And, yeah maybe newbies get way too preoccupied by trying to buy on dips and also getting worried if their BTC holdings are in profits or at losses, and surely for newbies there should be nothing wrong if the overall portfolio is at losses because if you keep accumulating BTC while the holdings are at losses, you are bringing down your average cost per BTC.. and sure it could still take a long time to get back into profits, but if you are in early accumulation stages, there should be some ability to just keep buying and not to worry so much.
Another thing is the recognition that it could take 3-5 years or maybe even 10 years of ongoing and consistent investing, whether in bitcoin or any other kind of asset, in which the investment portfolio (or bitcoin portfolio) is really starting to get into an area of potential life changing money, so surely it can become distracting to end up making newbie mistakes of cashing out way too much BTC too soon and then not riding out some kinds of up and down waves that ends up putting BTC prices way higher than the price that some or all of the BTC holdings had gotten sold...
So yeah, none of us know the future, and I can see why some people have difficulties continuing to invest in bitcoin if they might not have any other investments and then if the BTC price shoots up, it could suddenly cause their investment amount to become worth several times their annual salary.. and they just don't have the discipline to figure out some kind of way of managing their holdings when it starts to become way larger than they might have had thought that it would become. Managing your holdings is also getting off topic since this is largely a BTC accumulation thread.. .. but surely the ways that we accumulate BTC does likely get affected by our having had already accumulated BTC and if we think that we have enough or not and then we might start to just think about how many dollars they are which might well suggest to stop with the DCA at that point and to convert to buying on dips.. but it might not mean selling any BTC, but each person needs to figure out these kinds of balances for themselves.