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. The price of 1 BTC can be a discouraging factor for those that can not afford it so the best strategy for them to accumulate and grow their bags is to choose a feasible method and their is no better way than through DCA. Someone can argue that if you have enough money to convenitly buy a large amount at once then what is the essence of stressing yourself to do DCA every week or monthly. For people with huge amount of money to buy at once, what they will concern themselves with is the right timing to buy. With the accurate knowledge of Bitcoin the investor will know better to buy in dip, hodl and wait just like any other hodler. Investors with lump sum that understands Bitcoin seasons can choose to wait for a full circle that will lead to another bear run and accumulate again during dip. The difference between the regular investors that adopts the DCA method and those that buys with lump sums is that the former buys in Satoshi according to what he can squeeze out from his income while the latter buys approximately 1 BTC at once because he can afford to. The common ground for the person that does DCA method and the other person that buys with lump sum is that they aim to have sizable amounts of Bitcoin to enjoy returns on investment in the future. Whichever method an investor chooses according to his income whether DCA or buying at once with a lump sum they both have the believe that Bitcoin as an asset will always increase in value on the long term.
DCA makes Bitcoin investment interesting and easy for low income earners. The strategy gives the opportunity of investment to those who don't have a large sum to invest all at once or those who can't purchase a whole coin (1 BTC). DCA method is great for building your bitcoin holdings steadily& gradually, and it's a more manageable approach for average and low income earners.
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?
There's is nothing to disagree with what @ishicrypticsaid, understand his comments he is simply saying that DCA strategy suits average and low income earners, to accumulate bitcoin since they don't have enough funds/money to purchase a whole coin. But its not like that for rich folks or higher earners who can afford lump sum and DCA same time, but it doesn't mean that the strategy is not suitable to high earners also. DCA strategy gives investment advantage and opportunity to those who do not have the money to buy bitcoin in huge chunk. It allows people earning low or average to participate and having an investment in bitcoin.