Many will say DCA is their strategy. This DCA strategy of a thing is only for those who have huge capital or an amount that is sufficient for them to ignore and possibly has other sources of income in that the can choose to neglect what ever the market does and focus on their other stream of income.
Now for an average investor, one who is hoping to take profit soon, I don't mean those who have enough to spare. It's best we don't lead people into regrets and pains with our contributions. Not everyone can afford to buy at intervals.
As we all can see for the past two to three months the market has not chosen a direction, it is neither buying or selling and some persons are waiting to take profit it price rises a little. So my question is judging by the range market we currently experience is it every dip and average Bitcoin investor should buy?
DCA is a good strategy for long-term investment. However, if you want to make short-term profits, then there is no need to rely on DCA, because DCA will never give short-term profits. Those who are long-term investors always buy consistently and they avoid ups and downs. Also, since they have large capital, they can continue to invest for a long time. It is not so effective for short-term investors because they want to take their profits soon.