Every investment is risky. We should invest in Bitcoin such money that we can afford to lose. Although we know that Bitcoin is not comparable to all other Shitcoin and gambling coins, it can be a reliable investment, but there is no guarantee that can be given from it, the investor should invest with due caution.
Often time i tell investors to invest an amout that they can be able to endure if the market doesn't work out the way they expected, due to the fluctuations in the price of stocks in the market it is advisable to buy and Hodl as that's the only way to overcome this market fluctuations.
If we are successful in investing here by adopting DCA method then surely we can reduce our risk. We know that Bitcoin is a very volatile currency. When I invest all my investment money together in Bitcoin, my wealth may naturally decrease due to the drop in Bitcoin price. We can never guarantee an investment in Bitcoin but the way people's demand for it increases, our investment can turn into a great asset in the long run. But what I want to say again is that the mindset of investing in Bitcoin should be to fulfill long-term dreams and not for the greed of getting more.
I these point applying the DCA strategy is the only way forward because from how the market is now buying and hodling is the best option for every investor as no one know if the price of bitcoin will keep increasing or it will eventually dip before the end of the year.