That is if the person can continue to hold the bitcoin even though the price is still below the purchase price. Most people will panic and sell their bitcoins quickly, even if they bear the loss. Not many people can continue to hold their bitcoin in a loss condition.
By using the DCA method, you can increase the number of bitcoins at many prices so that it will reduce your average buying price. And your purchase price is no longer at $69k but could be even lower so if he can continue investing in bitcoin at the low price, that would benefit him.
Not all investors sell their investments at a loss, but those who have a pre-planned investment hold their investments even in bad times. When the Bitcoin market moved above $60,000 and those who bought Bitcoin at that time and who have held onto that investment until now are real patient investors. Patience is a very necessary aspect of a human being. He who has no patience loses everything. I got real proof of how important patience is for a man.
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People who sell their investments at a loss are panicked. They cannot continue to hold their bitcoin when the price decreases. They think that by selling their bitcoin, they have money to buy bitcoin at a lower price. And, indeed, those who can hold their bitcoin until the price exceeds the initial purchase price will be able to see the profits begin to appear. And you are right that patience is needed in holding this bitcoin until it reaches more than the purchase price.