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.
I cannot completely agree with you. Because, as far as I know DCA method works for everyone and all types of people can invest in this method. DCA method is considered as ideal investment method for small scale or large scale investment. DCA approach reduces the risk of loss in the long run.
I agree with your sentiment here, the DCA accumulating strategy works mostly for someone that has the intention of holding for a very long period of time, because since you are buying in different price interval, you wouldn't reap the full dividend of it,, if you aren't a long term holder, so as we are still in the early days of Bitcoin, any buying price now will be very much ok, but in the future, when Bitcoin has already skyrocket to one million dollar, the DCA accumulating approach wouldn't be that idea again, so I urge all Bitcoineer to seize the opportunity now and utilitize the DCA accumulating strategy now that it's still effective.
The method of investing in Bitcoin doesn't really matter whether DCA or not and they are both good options so it's left for an investor to choose which one is okay for him. I understand what you are actually saying but I don't think DCA mostly work for someone that wants to hold Bitcoin for a very long time because even short term investor and some traders use the DCA method. Buying Bitcoin now or DCAing will be very nice but i want you to understand that even if Bitcoin hit one million dollars the DCA will still work just that the ratio is going to be very small depending how much you are DCAing sha... in other words there's no perfect time for buying or DCAing provided Bitcoin doesn't have limit it can go. If you say now is the perfect time to buy Bitcoin what about those who are not yet born or those people who will get to know about Bitcoin when it will be like $500k? Will you say they have missed the perfect time also? Just an assumption.