Quote from: Ishicryptic on Today at 10:14:53 AM

I believe that DCA method to accumulate Bitcoin is best suited for average and low income earners who doesn't have a lump sum to buy in dip and relax for as long as they want, probably in years.

I cannot agree with you. DCA is suitable for both low income and high income groups. DCA has many benefits. One of the benefits is the opportunity to buy when you can, turn small capital into big capital, and reduce risk. I consider DCA universal. Never consider DCA for just one group. It is universal, anyone can invest in DCA strategy. Do you know many big companies in the world invest in DCA method? Do you think they don't have the money to buy a lump sum?

They must have money. Although I cannot tell the full purpose of investing in DCA method of these companies, but as far as I know they invest in DCA method to reduce the volatility of Bitcoin price. Earlier I wrote about this topic in which the names of world famous companies are mentioned which companies invest in DCA. Below is the explanation.

Quote from: Jewan420 on September 25, 2024, 07:06:41 AM

One of the biggest benefits of investing in the DCA method is to minimize the volatility of the Bitcoin price and try to stabilize it. Although it is not possible to completely stabilize, most unstable conditions are reduced. There is a clear understanding in your words, where you try to say that the DCA system is more favorable to the poor. But you will be surprised to know that some of the most popular companies in the world invest in Bitcoin through the DCA method. One of the best companies in the world, MicroStrategy, Tesla, Square, Galaxy Digital and many other companies invest in Bitcoin using the DCA method. They have become whale investors by adopting the DCA method. The DCA method is equally beneficial for both the rich and the poor and it would not be wrong to consider this method as the best method for growing Bitcoins as well.