The lump sump strategy that I know is very different from the buy the dip strategy, the lump sump strategy is where you buy all at once with all the capital you have but the buy the dip strategy is usually used by investors who only enter the market when the market is just bearish conditions
Let's get this right because it seems everyone seems to be advocating that the DCA method is the best. I know the methord is very popular and most people that might have practiced it in the past might have hard positive result from it but what about a situation that someone has enough money and monitors the price of bitcoin and when it gets bearish to a particular range of value he buys it and does that continually for the particular number of
year.
I know it might seem like the same thing that traders do but you're not monitoring the price for the purpose of trading when the price goes up but what you're just after is the most convinient price you're going to be buying whenever you want to buy.
To he honest as a investor would you keep to this, because you may endup not accumulating more bitcoin. Buying the dip and all that is great and nice strategies we all know that. But how often you sure you gonna keep buying the dip that means in a scenario like when bitcoin was still In $40k as an investor that have the mindset of always buying the dip only. so you would have to exercise patient till the price decrease to around $38k or below. But look now what is the present price of bitcoin is it below $40k nahhh bitcoin now is around $50k and before hitting that price it's didn't experience any dip below $40k. So as an newbie that haven't invested more in bitcoin and you always waiting for the dip, what would be your faith now if this $50k is just the beginning of the bullish run. Means that you've already missing out that is why is always advisable expecially for newbie to always exercise DCA strategies irrespective to your financial capability to avoid state of you missing out.