What we have seen so far in this discussion about Lump sum and DCA is that Lump Sum is good provided you are good to invest it for longer duration i.e. more then 5 years. DCA is also good specially for those who don't have enough money to spend. We have seen this case in hype-3, where you invest 60$ per week for 10 years from 2013 to 2023 and ROI is 3595%.
I may be one of few guys who is not very much interested in this ETF stuff. I will go with accumlating Bitcoin in DCA manner since to me thats the only sustainable way to move forward.
Buying in lump sum can also be good for the short term investment as to those who finds it necessary, maybe a period of 2 years. Imagine those who bought Bitcoin when the price was down as $15k and checking out the current price now that is already enough profit, now holding for a minimum of 2 years this is a blown up investment.
That's a cool way to put it, but I think I will narrow this down to the fact of seriousness or commitment because some poor folks that lack these virtue can also fail to hold, being poor isn't actually a motive for them to hold for long and being rich doesn't make you reluctant to hold for long, but I totally understand your point though but Micheal saylor is one rich fuck that have continued buying and stacking Bitcoin despite the fact that he has lots of money and Bitcoin also. Although like JJG was implying the order reluctancy tend to be more on rich fellows but a share portion of these poor folks too are lazy when they lack the sight to see a prosperous future in keeping or continually buying and holding Bitcoin.
In terms of who would hold Bitcoin much longer comparing both the rich guy and poor guy, it may be from personal decisions on holding that long but i think the rich dude will hold longer as he has all he needs and with the knowledge of Bitcoin altering his investment wouldn't matter to him cause he has many more to comply for his needs. The rich mindset in terms of investment are just too professional, they build the mentality of longer term investment than a shorter one.
A poor guy is faced mainly with certain challenges which at a point it becomes an option to sell, yes its compulsory that we must sell when due even the rich guy would sell but in terms of a poor man it may occur precisely the urgency to sell of his portfolio not because he wants to but just that a need arise which his emergency funds would not be of good help to him. In terms of commitment the poor guy will be more committed in investing than the rich guy because he knows how hard it is to raise such money to carry out his DCA.
For me I think the poor guy has the tendency of holding Bitcoin for a longer time. The rich guy who invented with a big money will see a huge profit once there is a little positive shift in the market. But the poor guy whose investment is not that much won't see that big profit in that short positive price movement, hence the need to hold for a longer time till when Bitcoin makes a reasonable price movement let's say from its current price to like $80,000 to $100,000. Unlike the rich who will see a big profit if price move from current price to $46,000 to $50,000.