I am not proclaiming that rich people don't do DCA, and in fact I agree with you for the reasons that I already stated that there could be a lot of cashflow management reasons to employ DCA, yet if rich people get lump sum amounts coming available to them and they have already decided to invest into bitcoin, then they may well not be advantaged by spreading out their amount rather than front loading into BTC. Sure, if we have had a lot of BTC price rise in recent times, there may end up being a mixed strategy to account for dips rather than buying all right away, so there could be structures to buy dip and also DCA to spread out, yet they also may want to buy some right away just in case a dip does not happen... and surely other particulars regarding the extent to which they have other BTC or if they have other investments and perhaps other
personal factors would help them to figure out how they might want to tailor their entrance into bitcoin, the extent to which they might front load and invest right away or to defer by buying dips and/or DCA.
DCA (Dollar Cost Averaging) is one of the most effective strategies for investing, so this effective strategy is used by everyone from wealthy investors to those with relatively little money. It is different for those who don't know about DCA investment till now but those who know about DCA investment strategy should definitely invest in DCA strategy instead of investing in other strategies.
The difference between a rich investor and a middle class investor is that the rich investor gets investment opportunities with large amount of money regularly but the middle class investor doesn't get that much investment opportunity but they do it consistently.
Earlier usually investors used to invest in different strategies such as they first confirmed the amount of money they would invest and after confirming they pooled the money first. When they accumulated a large amount of money, they would use that money to buy bitcoins at a certain price in the market and they would wait for a positive change in this price and when they would get a profit. However, the biggest disadvantage of this earlier investment strategy was that investors could not consistently invest in this method, which resulted in many investment opportunities being missed. But when the DCA investment strategy became known to everyone, gradually everyone came to know about this investment strategy and understood its performance. Now investors don't focus on pooling all the money, they buy bitcoins with the amount that comes to them, thus gradually they maintain the consistency of investment and move forward.
How this investment is effective I am telling here, there is always volatility in the Bitcoin market so the market sometimes goes down and sometimes goes up.
Suppose an investor buys bitcoin four times in a month but it can be seen that within this one month the market of bitcoin will change significantly whether it is a positive change or a negative change. As a result, investors will have the opportunity to buy bitcoins during these few changes in price, thereby reducing the risk of their money and increasing the potential for profit. That is why DCA investment strategy is considered as an effective investment strategy and is generally used by both wealthy and ordinary investors.