One of the beauty of investing in bitcoin and holding it (for long-term) . Is that you don't need much knowledge nor skills to start accumulating. To that of trading (because before thinking of trading there's alot knowledge required), But in holding you just need the basic knowledge then you can start your bitcoin accummulating Journey. Afterwards you can start learning way you could secure your asset by using non custodial wallet and knowing the principal on how to secure and healthy Bitcoin investment.
Investing in Bitcoin doesn't require as much knowledge and much skills as trading. If someone uses the DCA method to invest, he doesn't have to confuse it with the ups and downs of the price. He only needs to focus on the investment time to buy Bitcoin.
In trading, he needs to learn many things, including analysis of the market. Learning about trading will not stop because the market is always moving. That needs time before someone can familiarize with using the indicator, and he needs always to learn to improve his skills.
Using the DCA method, someone can accumulate his Bitcoin by buying Bitcoin at any price, and that can lower his average buying price. Learning about securing Bitcoin is important because that is the way he can save Bitcoin in the right wallet to be a safe place.
Agree with you In terms of bitcoin investment. We can consider DCA as a passive investment strategy. This strategy makes investing easier for those who want to accumulate bitcoins. Even if an investor does not have a depth knowledge of the market, by adopting this strategy the investor can successfully grow his investment.
By applying the strategy, an investor can accumulate bitcoins by reducing the average purchase price. Moreover, as buying opportunities are created at regular intervals, it is possible to reduce the volatility effect prevailing in the market to a large extent. Among investors who believe in the potential of Bitcoin for long term they are determined to collect their bitcoins through this strategy.