The DCA strategy is always proposed for those that have a lot of time to to accumulate bitcoin and don’t have the funds all at once to put in them.
. The main reason for DCA is to mitigate the loss in capital invested when there is a decline in bitcoin market.
I think you got it wrong here, the main reason for DCA is Bitcoin accumulation. Remember it's one of the three methods of accumulating Bitcoin which are lump sum, buying the dip and DCA. All these methods have one most important goal which is increasing your Bitcoin portfolio which is why you can utilize more than one in your accumulation journey where it applies better for you.
DCA further helps smoothen the volatility in the price of Bitcoin as an added advantage in your accumulation journey. Again there's nothing like loss in capital, you either buy when the price is higher or when it's lower, or better when there's a dip. Holding for a long time promises you good gains as against short term price fluctuations you might experience.
You're right from your explanations, because DCA is opportunity that investors users to accumulate their bitcoin, and it's investors that doesn't know that during the time we are experiencing a DCA is the perfect time of every investors to buy more of Bitcoin and store for future purpose, but if you have people that guide you wrongly I don't that you can utilize such opportunity when it manifest, that's why I don't like to panic when the price decreases, because I have already had the experience that people profits when their is a experience of dip in bitcoin and some people in other way round people also lose