The risk level is relatively high in short-term investments because they are always interested in buying BTC at a dips price but they forget that it may dips further. They may even fall behind the sales target at some point. Sometimes technical results may not work because market conditions are a reflection of buyer and seller interactions. Normal inflation and environmental factors may affect the market which is normal. However, DCA method of buying BTC should be considered for easy continuation of investment. Through this strategy, the objective of buying at regular intervals is a mixture of different prices in the market, which is to reduce the level of buying when the price is high and to increase the level of buying when the price is low. As a result, more BTC can be accumulated for the same price.
Personally, bulk buying of Bitcoin isn't my thing, I have never tried it and I wouldn't say I hope not to, I would like to if the opportunity presents itself but, am not sure am going to plan for that by having to save up some money while waiting out for rye market to dip. No, that's not want I would want to do or advise of anyone.
At the end, technical analysis isn't exactly bad though. It gives insight not on an individual perspective but on the whole of some possibilities that could be expected with certain moves on the charts. Sometimes, it plays out and at other times, it doesn't.
Hence, you don't base an investment on that.
This is why DCA offers an uneven advantage as, it doesn't give any of these means to analysis a priority but centers on the final or expected goal, with patience to serve as the straw on the paths to your goal.
A lump-sum buy doesn't necessarily mean you have to wait for the bitcoin price to dip before you can lump-sum. You can decide to start your bitcoin investment with a lump sum buy to help you accumulate a good quantity of bitcoin, and after that, you can stick with the DCA strategy to accumulate bitcoin either weekly or monthly. Unless you are on bitcoin for short-term profit, that is when technical analysis comes into play to help you read the market and have a clue when to buy bitcoin so that it will not affect you not to take your short-term profit when the bitcoin price is high. Secondly, technical analysis will delay your bitcoin accumulation journey because you will be waiting for the result of what you analyzed to happen before you can accumulate bitcoin, and if it doesn't happen, you will not accumulate bitcoin. That's why it's good to be in bitcoin for the long term so that you will not need any technical analysis skills before you can accumulate bitcoin. If buying the dip is your problem, the DCA strategy is here to help you achieve that because you will be accumulating bitcoin even when the price is increasing or decreasing.