Due to the volatility of bitcoin, there are days when the price of bitcoin skyrockets so high within some hours or within 24 and some days the price also falls drastically and tries to cause panic in the market so i was thinking that won't it be advantageous for someone who chooses to DCA everyday such that he can have the opportunity to buy at DIP prices since the market also experiences short time market fluctuations some days
I think buying Bitcoin everyday is a good strategy but it based on your income, the flow of your income determines if it's okay to keep up with this as a strategy. But I'll clearly advice for those DCAing looking at the fluctuations rate of Bitcoin price , there should be limits to buying because alot of traders what they do is buy at a higher price and sell out at a low price which is not fair enough or profitable and this is because of panic to have a loss when Bitcoin price goes down. So it's better to buy with consciousness.
Actually buying Bitcoin everyday is not really the best even if you are using DCA strategy at least you just allow the market to breath while observing what the market is doing this will allow you to buy more at the dip.
Also even if you are using DCA method I see nothing wrong to use lump sum method once in a while when there is a major dip depending on your income that is to say if you buy bitcoin everyday you may not really have enough funds to buy more at the dip.Atleast buying weekly is better.