The questions about the rise and fall nature of the decentralized digital currencies have raised a lot of eyebrows to interested people who want to venture into Bitcoin but do not have enough information at hand. Sometimes it is not just about searching online because you may not necessarily have the in depth or hands-on information you're looking for. So, therefore, it is key that we enlighten ourselves more about what it takes to patronize the digital currency and by extention invest in it.
DCA remains the best option for long-term growth investors who have meager resources at hand but are always ready to take advantage of the market trend. It is like an investment plan options that have been roled out to a potential investor who's knocking on the door for investment.
Don't know if this example helps but it's a case of whether he or she is an angel investor who's putting in their own funds with the expectations of making profits by taking advantage of the market, he can use the DCA approach OR if the investor is a venture capitalist who's investing more money into the coin, then the investor will want to wait for the Lump Sum to make profits.
Actually, when talking about this, especially for DCA, I don't think it's necessary to say digital currency because in the end, the most suitable thing to associate with DCA is only bitcoin, not for others because you have to realize that digital currency has a lot of scope and not just for cryptocurrencies and even cryptocurrencies have a large scope because there are so many sub there such as bitcoin or shitcoin, especially in our current discussion, it has also led to one point "bitcoin" so discussing digital currency and combining it with DCA is too far in my opinion because the scope is too big.
On the other hand I will not question the strategy whether it is DCA or indeed a lump sum because everyone has their own strategy when buying bitcoin but if it is with minimal financial conditions then the suggestion is to stay in DCA not with others especially Lump sum because however when you wait for the price that you think is suitable it takes a long time especially waiting for bitcoin to crash again when the situation is not possible then it would be better to do DCA comfortably.