Newbies who have not yet invested in bitcoin or have bought their first bitcoin, or people that want to continue with the increase in their bitcoin portfolio should put in consideration of using Dollar-Cost-Average(DCA) to increase their bitcoin portfolio, as this is the most convenient way to accumulate bitcoin gradually without worries of the price movement of bitcoin. DCA is means that you are to maybe 10% of your income to buy bitcoin either weekly or monthly, it is just like you save some part of your income regularly in order for you to use in to achieve a goal in the nearest future.
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I have read good notes about investing in bitcoin through DCA strategy and all the threads usually coin their thoughts about DCA in a manner that makes it sound like the strategy is mainly just for the benefits of low income earners. And I want to deviate from that narrative that the use of DCA to accumulate bitcoin is of more advantage to investors with big amount of money than low income earners as we might think. that instead of buying at once because you have the money in big amount you can portion the amount and buy at intervals price level. Let's say an investor has $9,000 he's ready to afford in buying bitcoin he can split it in three places $3k each and DCA at different price levels, for anyone that has the money that much it's more profitable doing it that way rather than buying all $9k at once. The profit will be higher compared to when you buy all at once with $9k when bitcoin bull run takes in shape.