No doubt learning and improving is usual thing in every life no strategy is bad DCA, lumps sum the most important is to buy and hold for long time , I can remember despite how many person may say about the DCA one of my friend who invest in Bitcoin told me because of his engagement with other things he prefers lump sum that he don't always have time to buy in parts because it seem as a way of monitoring his investment since his motive is to buy and accumulate for Long he buys and remove his feeling just one till he plan buying again to add up, I see that what he feels and the knowledge he conceive towards usage of the strategies become his guilds DCA is good for all mananer of investor but some still tide it to choice as it depends on knowledge and what the investor may prefer at the moment he wants to buy correlating this your statement is hundred percent correct.
If you hodl appropriately, then in any case - you will get boons from your investment as time goes on and cycles change themselves.
It's about knowledge,
risk management, and doing it systematically.
Come on boy, Bitcoin investment has nothing to do with risk management or managing your risk as most traders usually says, Risk management is mostly being utilized by traders not investors like us, and besides what do you even think you are managing your risk from?
Yes it's actually true that Bitcoin investment is not a risk free investment, so as every other investment out there.
But if you can hold for a very long period of time, and with the kind of huge potential it has, you are definitely going to hit it big if you can accumulate a very huge stash of it and hold for like 10 to 20 years time from now, by then Bitcoin would have gone up to a million dollar or more, so just buy and hold bro, you have no business managing your risk, all you just need to do is to buy with what you can afford to do away with for a very long period of time, once you have a good source of income and an emergency funds in place, you are good to go bro.