The DCA method is again the most preferred because investing in the DCA method is likely to achieve success. The regular DCO method helps an investor own the large asset Bitcoin. And DCA method depends on how an investor can invest, weekly, monthly investment will bring quick success of investment because if bitcoin is invested every week then there will be a lot of savings in terms of price. And it is possible to be successful in long term investment, if you act according to your advice it is definitely possible to be successful.
The DCA method may seem simple to follow but I reality, it require a lot of discipline. Just like every other thing that involves money, emotions will always be engaged in the DCA method so care must be taking to avoid yielding to pressures even while applying the DCA method.
Some of the temptations that can come up include but not limited to the pressure of trying to sell when the portfolio becomes too big. There is a way the money will grow and we begin to imagine what we could achieve with it, this is where the temptation of selling come from.
Furthermore, I have seen a case of someone using the funds for DCA in buying something else. His emergency fund got exhausted and he needed more money for his needs. This is one of those things that can come up even when you think you have got everything planned out.
That's very VERY true no matter what path you're following, whether it's DCA, Buy the DIP, or a hybrid of both. For us plebs with limited capital, it's much better to be more efficient with our money and take advantage of the opportunities during discounts.
But many individuals always say, "But the DIP always goes lower". That's true, but you'll definitely get more units of Bitcoin by purchasing it at $39,000 than at $45,000.
Plus if you're the emotional sort of person, HODL your Bitcoin in cold-storage in an offline computer. That would a few extra steps for you to sell your Bitcoin in case you panic and it will stop you from selling.
