Any investor can succeed with the DCA strategy, whether in holding or in buying and selling. But the most success will be in case of long term holding, because by buying little by little means you can build wealth, but according to this strategy all investors are successful. If participating in the investment following the regular DCA procedure.
That's true, the DCA strategy has lived for so long in the world of investment and it can't fail unless the asset itself fails. It is summarily a means to average the income of the investor by averaging the striking price, but in the end, this can't amount to regret because, during the investment, some will be missed at a best favourable price, while many others will be saved at the best favourable price, which is reasonable in all ramifications.
Nonetheless, I do not support this strategy at all times, and anytime the market has fallen so well to the point that you feel sorry for it...lol, you can commit your money to it without thinking twice. You will only miss out on a great opportunity by DCAing at that time. However, if the price of the market has risen to some doubtful level, yes, that is the right time to DCA to make sure that you do not lose/miss much due to FUD.
Why I still prefer the regular DCA strategy is that you buy bitcoin at both markets, the bear and the bull. Your strategy might be cool but it still have some disadvantage. Just like what I said in the other thread, when the price dips and you buy with the available amount that you have own without DCAing after buying. You cannot tell if that price that you bought is the bottom line of the dip. If bitcoin price dips below that amount that you bought, you will be regretting for rushing but there is nothing you can do about it than to start waiting.
You are very incorrect with this unless you do not even know how to read the market chart and also follow it based on its psychology. First, no one is perfect in knowing what the market would do, and I believe that is what you are trying to explain, but if you can say a DCA strategy is good even as you are still taking risks with it, then some approaches in investment will help you better than the DCA in some conditions, after all, it is still all about risk and not perfection. One of these approaches is to wait until the market hits its low, at this point my friend, you are wasting your time DCA, otherwise, you will miss the bigger opportunity through averaging it.
Are you telling me that it is a huge risk buying Bitcoin lower than $16,000 in 2022 and Solana lower than $8 in the same year? If you claim your point is still relevant here, then you do not know what you are saying and will only reduce your gain. Here are the reasons; first, the market had fallen for over about 2 years and it is nearing the bull season. 2. SOL for instance sold from about $260 to below $8, what huge fear could anyone possibly see in that? Reaching $0, and so? All such investment condition needs is patience, you can't regret it unless the asset is entirely bad.
That's how investors think. A project like that with better scalability and prospects will always be a promising project and the challenging time will be over as we later saw it. Finally, these coins hit their various S/R level on the weekly and monthly charts, and later have bullish price action and other confirmation to warrant cheap buying. What else is doubtful in that? Of course, I invested at those times, but had it been I DCAed at those times, I would surely regret it.