Yes this is a good idea. If anyone new to bitcoin or want to grow investment using Dollar Cost Average DCAmethod is good move. It help to buy bitcoin slowly without worrying about its price going up or down. Invest fixed amount regularly which makes it easy and low risk. This method is good for beginners because it help them to build their investment. Other ways of buy bitcoin like waiting for dip or investing much at once may not be good for new investors because they require lot of money and it can be risky too. Another option is Hyper DCA but it is need stead income and long term plan. Most important thing to keep in mind is that holding bitcoin is best way to increase investment and trading can lead us to losses.
Investing in DCA method is not only for new investors, but both new and old investors can start investing in this method. The Dollar Cost Averaging method is the most readily available and recommended strategy for investing. Progressive Using this method one can buy bitcoins in small increment size using any fixed amount on weekly or monthly basis as per his ability.
One of the reasons investors choose this method of investing is to reduce the average cost of investment. That is, if you do DCA, your average cost of investment will remain the same regardless of when you buy bitcoins.
Surprisingly, the last comment on this topic was on October 10, 2023. After almost 11 months someone bumped the old topic again.
By the way, OP should lock this topic.