Your advice is not acceptable to me, because regular investors never invest after seeing dumping and pumping in the market. Investing in the Bitcoin DCA method Those who follow the regular DCA method only invest, and when the portfolio grows, they will sell the bitcoins again after a long time.
You notice that currently the most difficult phase is those who are buying and selling Bitcoin outside the DCA system, now is the opportunity to invest in Bitcoin for the long term. You see a poor investor can never buy bitcoins all at once, so buying small amounts of bitcoins over and over again with this DCA method will definitely build up a large portfolio.
Investing in the dollar cost averaging method does not require us to worry about the Bitcoin market pumping and dumping. Because if we continue our investment using this suggested strategy then we may be willing to buy and deposit bitcoins at that fixed price regardless of the price of bitcoins in the market. This method is especially useful for those who cannot afford to buy a large amount of bitcoins at once but are willing to invest in bitcoins. Only they can invest in this method and buy bitcoins in small amounts and hold it according to their specific goals.
The advantage of investing in the DCA method is that your average cost will remain the same every time you purchase bitcoins for investment. That is even if the market price of Bitcoin increases even if the price of Bitcoin in the market is low. Currently, most crypto investors are using DCA to grow their investment portfolio by buying and depositing small amounts of Bitcoin on a weekly, monthly or quarterly basis.