~~
A strategy is really needed to get maximum results in Bitcoin investment. The DCA strategy is very suitable for beginner investors who are not familiar with fundamental or technical analysis. This strategy is also very commonly used by investors who have been in the Bitcoin market for a long time. One of investors' goals in investing is to minimize risk, the DCA strategy can help investors reduce investment decisions based on emotions and FOMO.
Investors who want to invest in Bitcoin must have the courage to start investing any amount and make it a regular habit. When the convenience and benefits of the DCA strategy are felt, it will certainly attract more interest from investors to continue investing regularly.
The main purpose of DCA is not to minimize the risk of investment, but DCA is used to get a lower average price instead of a lump sum. DCA is always recommended so that you can anticipate a price down after you buy, but you don't need to be too strict about this strategy because basically the price also has the potential to rise higher after you buy. Buying regularly and buying with DCA are different. I mean, regular buying can be done at any price, whereas buying DCA takes advantage of another dip to buy once you see a correction.
DCA can not only be applied when prices dump, but you can also apply it when prices rise. However, it may be better if you refrain from buying when prices are rising until you have an additional budget that you can then set aside half (or whatever) to continue the same strategy. The bottom line is, DCA to get a low average value for long term investments, that's right.
Adjustments may need to be considered and it is possible that each investor will have their own approach which differs from one investor to another. DCA can be done whenever you want, but buying on the dip is much more profitable in terms of accumulation.