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, instead of DCAing weekly or monthly which he can miss DIP prices since before the time of their next DCA, the price must have increased and he keeps buying more at high prices.
Our goal should be to invest in Bitcoin for the long term. You can use any investment method according to your ability and preference. You can invest every day , if you have the full ability to invest every day.
In the DCA method, you don't just have to invest weekly and monthly, in this method you can also set your own investment timeframe. If you have a certain cash flow, then you can invest every day. In this case, you have to remember to use an emergency fund. So that you do not have to break the investment for any need. By using the emergency fund, you can meet your needs. If you invest using the DCA method every day, you don't have to worry about the market.
Because, short-term investors are afraid of seeing the price of Bitcoin fall. Because they have not yet been able to accept Bitcoin as an asset. They think that Bitcoin is a scheme to give money returns in the short term. I want to tell them to get out of this misleading idea. And I would like to request you to make long term investments by following DCA.