DCA is a highly effective strategy that provides investors with stress-free and regular investment opportunities. It’s a method where you invest regularly in a certain amount of money that doesn’t depend on market fluctuations. The biggest advantage of DCA is that you don’t worry or worry over the price. You can make long-term investments by handling it at a specific time of the month or week, so your average price may decrease with time. It’s a stress-free process, such as if you buy Bitcoin for $20 and the next week’s price is $10, there’s no problem, because you think it’s a long-term savings for the future. If you follow a specific routine of savings, that is, if you invest regularly together, you cannot worry about market fluctuations and your savings will increase. In addition, DCA gives you peace of mind, because your average entry price becomes more controlled and reliable.
In addition to what you said, DCA gives you the opportunity to accumulate more bitcoin overtime because you are always buying weekly or monthly regularly. There is power in small gathering and allowing it to accumulate overtime, because it's done bit by bit and make you flexible with your bitcoin accumulation without feeling as if you are investing. DCA strategy is just like you are laying a brick to fence your house. You have to put the bricks one after the other till he gets very high. Same applies to bitcoin investment when using DCA method. DCA disciplines you on how to manage your income.
Before investing, this may be very important that the wallet we will use for investment, that is, the wallet in which we will deposit our bitcoins, must ensure the security of the wallet.
It's not important for a brand new investor to know about wallets first before investing, because wallet is technical and that can waste his time on getting started immediately with his discretionary income that is already on ground for him to start.
A new investor can still be leaving his bitcoin in an exchange for it to continue accumulating, and at the same time learn about the best wallet he can use when he as he is investing. Note that small DCA buying shouldn't be transferred immediately into your self custody wallet to avoid too many small UTXO, which will lead to very expensive transaction fees in future.
The truth remain that no body operate Bank without account number, wallet is the account number for proper saving of your Bitcoin it's actually two sided in the area of gas fees while running small transmission as gas fee will be very high also keeping or allowing your asset on exchange too can be dangerous is like storing physical cash in your house instead of taking it to the bank, just as we human know that given your asset to be hold by external body no matter how trust is built on the person when any thing happened your mind will first runs into the person holding your asset. Exchange has never been a good place to keep your asset no matter how small it could be weather the person is newbies, the best is to learn speedily on how wallet can be used to safeguard his asset and store it's asset without any middle man because I see anything exchange as middle man when keeping asset, though it could be very risky for newbies who lack knowledge on how to handle self custodian wallet as if proper care is not taking could lost everything but having 100% confidence rely on when wallet is used not exchange be it a newbies.