Looking at the situation there are indeed some people who sometimes look higher as if DCA is the only strategy for collecting bitcoin but if we examine further in the end it depends on the person not the strategy.
I think in this case when someone believes too much in DCA then it is their own business even though it is likely that I am also one of them but that does not mean we close our eyes that in the end DCA is only one strategy in investment not the only one that must be done.
Regardless of whether in the end there are those who are fanatical about DCA, it also does not have to be a problem because it is not the strategy that is bad but just the person who does not want to be too open to other strategies.
I did DCA until now but in other conditions I also wouldn't say other strategies such as buy dip or lump sump were a mistake because this could also be a strategy carried out for bitcoin collection, it's just that for now I realize that buying using the DCA strategy is sometimes more effective especially for my current economic conditions which are still in the middle class level and maybe even the lower class.
An investors is not limited to any one of the three strategies in fact an investor can be doing DCA and still buy the dips when it occurs or even do lump-sum as long as the extra cash is there to front load his portfolio.The reason why so many investors prioritise DCA strategies is that it offers investors the opportunity of accumulating bitcoin at regular intervals, at different prices there by acting as a hedge against bitcoin volatility.The DCA strategies makes it possible for a low coiner or no coiner not to be waiting for a desire dips or to be timing the market before they can start accumulating bitcoin.
I think that DCA helps a person to manage cashflows and emotions better by attempting to look at his own
9 factors, and to not consider BTC price as a major factor since BTC price is only one out of the 9 factors that any bitcoin investor (whether newbie or otherwise) should be attempting to consider.
Many of us here already knows the importance of using the DCA strategy to invest into Bitcoin. With DCA, investors get to buy Bitcoin at different prices (in decreasing or increasing order) so that they don't miss out the opportunity to buy at a certain low, for example if the price is falling, most investors might not just want to put in all their money to buy but would rather invest bit by bit while watching for the price to dip more. Some people too invest using DCA strategy because of how their income is paid, if they receive monthly salary, they can only invest after they get paid.
Actually, you could explain a best opinion in your comment. So I am also agree with your prefer comment. We know that cryptocurrency market is always depending on up and down, so if we want to invest in bitcoin
or any crypto currency. We should trying to understand in cryptocurrency market properly for better benefits. Because if we can not understand in cryptocurrency market we must losses from cryptocurrency market. So when we start to invest we should trying to look at down market in crypto world. So who says too late to buy Bitcoin is doesn't matter for crypto world.
We are not talking about shitcoins in this thread. So, hopefully you are not fucking around with shitcoins under a mistaken belief that they are the same as bitcoin.
This thread is specifically asking the question about whether it is too late to buy bitcoin. Shitoins do not matter in regards to answering such question, even though many folks frequently get distracted into shitcoins and also sometimes are not able to distinguish between bitcoin and shitcoins....and you, mrkhan90, seem to be having a similar kind of issue in which you seem to want to discuss shitcoins as if they were some kind of a similar consideration as investing into bitcoin, and surely they are not even close to the same consideration, even if there are a lot of shitcoins trying to scam people, to print coins, to affinity scam to act like they are similar or better than bitcoin, and many times it is better for folks (including you) to learn about bitcoin first so that you do not make the mistake of thinking that shitcoins are similar to bitcoin, and perhaps you should even consider making sure that you do not invest any more than 10% of the value that you put into bitcoin into shitcoins (or trading), yet surely there are a lot of folks who cannot resist the temptation and they are not able to limit their tendencies to gamble and to be distracted by the noise of shitcoins and the noise of trading.