The extent at which most people talk about always buying at dip can be somehow discouraging to most people in terms of changing there focus from regular accumulation to buy only at dip because they always sounds very convincing as if buying at dip is what guarantee there increment of there investment portfolio, sometimes I feel that most of those who always talk about buying only the dip has little understanding about investment if not they would have only seen that dip is just a temporary opportunity brought through the Bitcoin price drops, so at that moment those who have extra funds will increase there investment or buy at once and move on there DCA instead of just depending on the dip.
It is important to buy the dip if you want to be profitable. Just because you’re using DCA strategy doesn’t mean you should ignore basics of trading and buy bitcoin at ATH. Because if you buy bitcoin at the top, you will be losing money when the market corrects itself. For example you buy bitcoin at 70k, how long do you think you can hodl the bitcoins before the price breaks 70k zone? DCA strategy is good for newbies who are just starting out but for those who have the knowledge of trading, they apply DCA in a more efficient manner.
I don't see how the knowledge of trading is important for an effective DCA when the DCA method is to just continue buying regularly weekly or monthly as along as you have your discretionary income ready to keep on buying without missing or skipping it. Trading is complex and any investor who is still in their accumulation stage don't need to know anything about trading apart from buying.
What will make you regular DCA more effective is your consistent and persistent ongoing DCA buying with the right amount from your discretionary income provided that the have in place your emergency funds and reserve funds so that when an emergency arises you don't sell part of your bitcoin. Increasing your discretionary income due to increase in your income and aggressive DCA buying without overdoing it will help you reach your bitcoin goal faster.
Patience, discipline, sacrifice, turning deaf hears to FUD and not waiting for the dip but continuous buying with focus of reaching your bitcoin target will be good for effective DCA. This is why new investors only needs to use DCA method to get started immediately to build and grow their bitcoin stash overtime.