DCA does not necessarily apply to shitcoins, and so many of us here likely hardly know what the fuck you are talking about if you are suggesting that you can apply similar kinds of DCA principles to various shitcoins as would be reasonably applied to bitcoin.. so part of the reason that we stick with talking about bitcoin in this thread is in order to attempt to stay focused, so if you want to talk about shitcoins or to make vague references to some gobble-dee-gook concept, you probably should be doing that in some other thread rather than this bitcoin thread. Fuck shitcoins.
Applying DCA to shitcoins can amount to a total waste of time because before you complete six months to one year of accumulation, you would have been holding a worthless bag of garbage; the founders would have sold and left. Just like you said, limiting the discussion to Bitcoin eliminates major unnecessary distractions and also have this way of infusing in the minds of the participants here that Bitcoin is the real deal.
Shit coins create a form of scare, doubt and distrust to people new in the crypto space as many of them made investment in them and got ripped. Majority of shit coins are Ponzi schemes by their creators just to scam those with poor knowledge of Bitcoin Bitcoin is unique and it is the only coin I deem worth hodling.Even the word "Hodl" is unique to Bitcoin
You are very right on this as I have noticed that most of the fud and negativity ordinary people exhibit towards Bitcoin is because of the activities of the promoters of these shitcoins. The only people who lost money in Bitcoin are probably those who sold too early and never held for long. So, I do not see the justification for the fear people express with Bitcoin.
I think one key aspect people need to focus more in this Bitcoin journey is the mindset. If the mindset is right, I'm sure their actions and decisions will follow suit. With the right mindset, to hold against sharp drops in price will not be a problem because the confidence will be there that Bitcoin will always recover.