^Buying Bitcoin with lump sum is the best strategy but the problem is not everyone can afford to dump at once which is why DCAing is very effective for accumulating Bitcoin even for the retailers. And also I wouldn't say selling at high is wrong because that's the basic of making profits by selling an asset while we can't really draw the line which is high and which is low due to the highly volatile nature so all we can do is just go with the instinct and try to make best out of it.
I don't understand what you're saying.
But indeed not all Investors have a lot of money at once but that doesn't mean investors can't invest in Bitcoin because they can buy bitcoin gradually.
Of course not everyone has an Income of over $5k every month, Even many of us have an income below $1k every month. But if you have a good investment plan, Of course it's only a matter of time for them to achieve ownership of 1 bitcoin. What should be underlined is that the desire to invest must be within us.
So when you are going to invest in bitcoin, just choose which strategy you want to use. But the point is to choose one that suits our financial situation.
It will be better that a new investor who wants to get started with his bitcoin investment with only the basic knowledge of bitcoin use strictly DCA strategy for a circle and after that he might choose to mix his ongoing DCA with buy the dip and lump sum based on his own financial circumstances playing around him at that moment.
The reason why I said DCA is because the new investor will be more expose to the market volatility because he is always buying regularly, persistently and consistently whenever his discretionary income is available, and that will give him the opportunity to increase the size of is bitcoin quicker without panic or missing any opportunity out there in the market, because his confidence is getting stronger.
With DCA the new investor can start with as little as $10, and learn more about bitcoin simultaneously as he is building his bitcoin investment with ease. You can also lump sum when you have extra cash on your to increase your bitcoin size. Due to your regular, consistent and persistent buying, you will become disciplined and put your bitcoin weekly buying as a must because it has become part of you.
In lump sum, you cannot have the money to buy regularly, you will keep on waiting and piling up the funds for it to get to a certain amount before buying which is not good for a new investor. Likewise, it's not good for any investor to keep more of cash with him instead of channeling it into bitcoin.
Buying the dip is waiting for what you don't know if it may come or not. You will just be waiting for nothing missing out all the opportunity in the market and still be happy as a no coiner. Sucks.