DCA is a shit strategy if you forget to buy. I missed out on the last 5%. :/
DCA had worked pretty well in the last year and a half or so, especially for anyone who might not have had any lump sum to invest or if they were somewhat worried about whether the BTC price would have been going up or down. Even if we go out as far as two years ago, which would have been starting to invest into bitcoin right around the peak..
If you had invested
$100 per week in the last two years, you would have invested around $10,500, and you would have had accumulated around 0.4315 (which would be worth around $19k at today's $44k prices).
Yeah, sure lump summing would have had been better, especially on the extensive dip below $20k.. but there were not too many with confidence to buy bitcoin in those days, and even the bitcoiner's who had confidence in BTC likely had ended up spending a lot of their fiat to buy BTC at prices much higher than $25k... ..
so many of the bitcoiners who believed in bitcoin in the last couple of years might have even ended up relegated to some variation of DCA.. and yeah at the same time, you have to likely continue to do it, rather than getting skittish upon the 2022 dip below $25k and the fact that we spent a lot of time below $25k and even spent more than 18 months below $35k... so DCA could have ended up working out pretty well for those guys who consistently bought BTC in the last two years and maybe even more so if they were able to be more aggressive during periods that the BTC price was below the 200-week moving average.. which was quite a bit of that time... even right before this latest bounce we were right around 10% below the 200-week moving average when we pretty much bounced from $27k to our current $44k price in right around 6 weeks... gotta love the punishment of so many of the nocoiners, low coiners, fence sitters, shitcoin pumpeners, bears, bitcoin shorters and bitcoin naysayers.