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The DCA method is not only for those who want to buy Bitcoins but cannot buy them all at once due to lack of funds. The DCA method is for anyone who wants to invest in Bitcoin. Everyone knows that Bitcoin market is the most volatile market. If you are a true investor, you definitely don't want your money to be lost after investing. To catch up with what you said I would have had to go back another 8,9 months and invest when bitcoin was $35k,$36k. But now the price has reached $70k! Now what if someone invests a large sum of money at once, and 2 days later the price of Bitcoin drops to $40k? Have you thought about that? I think no investor can think like that.
Because the Bitcoin market is known to be very volatile, it allows investors to use the DCA method to invest in the long term by buying Bitcoin regularly. This method will not work perfectly without being accompanied by financial, mental and patience readiness. The funds used should not be used for other needs in order to be ready to withstand shocks in the market, investors must also have a mentality that is ready to withstand emotional turmoil when the value of Bitcoin continues to fall and patience in investing is needed because the situation that occurs in the market is not always smooth as imagined.
Investors certainly do not want their money to just disappear, there are always efforts to find ways to keep the invested value intact and get profit from the investment. In investing you must be able to think realistically, never get caught up in market conditions and assume prices will continue to rise. Now that Bitcoin is starting to trade at a slightly higher price,
you should be patient and wait for the price to drop, when you buy at a lower price, your money is not tied up too much if the price goes lower because you can activate the DCA strategy afterwards.
Your narrative seems to be some kind of a way of complicating the true definition of the DCA strategy, in a simpler form the DCA strategy allows investors to make purchases of Bitcoin irrespective of price point at different intervals which could either be weekly or monthly based on your income flow and financial capacity. Additionally the DCA strategy encourages inexperienced investors to be in the market without much of the knowledge and learn more on their way up while already in the market with Bitcoin in their bag, another important thing about the dca that makes me happier is that it allows you to invest only the amount you are comfortable with and it has nothing completely to do with trying to time the market condition before buying Bitcoin, the relevant of the dca strategy are too numerous the reason it dominates the thread of discussion and moreso consistency is the watch word for the dca strategy which anyone coming into Bitcoin investment should know since it takes fewer and fewer of Bitcoin in order to get up to a reasonable size of Bitcoin.