Yes, but then what else is there to know about lump suming, except for what it means, let's use this opportunity to debunk this.
Investing a lump sum means that you don’t have to try to figure out the best time to make periodic investments, which is good. I realized that people tend to panic and sell off their holdings when they try to track the market, lump suming takes off the burden of monitoring the market for dips so that you can buy Bitcoin. "The price you pay for the investment(s) may be high or low. If you invest when prices are high, you run the risk of incurring a loss if you need to sell in the near term" to what extent is that true and practical.
IMO, DCA underperforms the lump sum strategy, If you assume that the assets you are investing in will increase in value over time (otherwise why invest right?), then it should be clear that buying now will be better than averaging in over 100 years. Waiting a century to get invested will not be kind to your purchasing power.
That is my opinion, but I'm open to clarification. I would also like your contribution @jayjuangee
When it comes to bitcoin are accummulation one don't need bother themselves in checking market price, that why DCA Is highly recommended when it comes to accumulating of bitcoin, because with the use of DCA you can Keep accumulating bitcoin at different price interval +either buying when the price is high or low) at any fixed time . While lump-summing is the sure opposite of DCA , because it doesn't require ones to break or divide his funds in different percentage before accumulating like that of DCAing. But lump-summing I'm the other hand is the process of going all in at once with a certain amount of money in buying bitcoin without spreading it. It usually help to give someone a nice headstart in his bitcoin accummulation .