The probem here isn't that gold or silver isnt a good asset and if its about track record gold has been a very good option for a very long time even longer than bitcoin, but where you are getting it wrong is thinking of diversifying, the question you should ask yourself is can I afford to build a good stash in both asset, then if not you should focus one building up your stash in bitcoin and when it's has gotten to at least a year of your living expense then you can consider diversification.
The problem with early diversification is that you would end up having little of so many asset neglecting the law of concentration which means you gain wealth from building one asset and maintain it from diversifying, so diversification is not a good option for someone trying to build wealth.
It's true, building wealth won't come quickly, it takes time and a process to get there. I think whatever type we will invest. However, when something easier and quicker comes along, I think why should I use another option. Yes, BTC really provides an opportunity to go there as an investment tool, whether you want to invest at the same time or use the DCA purchase method as many people are currently implementing.
The easiest opportunity to invest is investing in DCA method, if you invest in DCA method you will be successful very quickly. Because the DCA method controls the average price of buying bitcoins, due to which each person can accumulate this investment for a long time and it is present to give the most benefits. The DCA method is a great plan to build a mountain of wealth with little by little. As the saying goes (a small grain of sand is a water drop, a continent rises from the bottom of the ocean) because if you keep accumulating small amounts of money, you can eventually build a mountain of great wealth.
That is why DCA method is currently the best method among all investors.In as much as the dca strategy has numerous benefits there is no reason one should or trying make any form of comparison with other strategy as per which is the best method among all investor, every investor will only make that informed decisions of choice of strategy or strategies to be used in his accumulation process to suits him in terms of his, financial situation, risk tolerance level, investment goals and objectives, which all is aimed at maximizing every opportunities in the market to have a sizeable worth of Bitcoin.
I believe DCA is the best method so far when it comes to building your bitcoin portfolio from the scratch as a new bitcoin investor, because you will be consistent in accumulating bitcoin every week or monthly without skipping any of the wee. Before you know it in four years time, your portfolio will have increased to an amount that you would have not being able to have to buy bitcoin once. DCA method is also flexible and stress free because you buy bitcoin with your discretionary income which you don't feel it as anything being deducted from your monthly income, and you can also buy bitcoin at various prices at the dip and at the bull giving your the opportunity to calculate your 200WMA.
Lump sum will not give you the size of portfolio that someone that used DCA to buy will give to you in they hodli for the same number of years. This is because lump suming is a fixed price purchase, and buying at the dip is something a beginner don't even need because it is the worst strategy for them, it is hard to know when the price will dip and they will keep waiting and end up waiting wretched till old age because bitcoin price increases overtime.
Without beating about the bush, the DCA is a very good strategy, it will limit your risk for you, or should I say that it will average it for you on both the miss and the save sides where you might start the investment at a high price even when the asset will still move lower against your position (save), and you might start the investment at a very low price even when you can invest all and will be in your favour (miss). Regardless of the condition, DCA will always help investors to average their investments and will not miss too much which is the main thing here.
But this can make you miss higher gains also, which is why the investment of all your money at once could be good at times. But you will have to understand the market before such can be risked. As a good speculator, one can know the bullish and the bearish times of the market, and one can know when the market has bottomed even if it is still bearish in trend. And with the knowledge of this, you can invest all your money at once if the market is bullish or has hit the bottom.
The choice is yours, and some people observe the two to be better cautious.