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.
DCA is only worthy for those who have a regular source of income. Those who have discretionary income. But for those who do not have an income, this strategy will not be very effective. Especially if someone is a long-term investor, it will definitely be difficult to do DCA. There are many who express interest in making lump sum investments. If they have money that they can hold for a long time, they can also invest in it, but if it is not possible to hold for a long time, then they will lose their money at some point.
Bitcoin is very volatile in nature. No one can predict when it will be bullish or bearish. That is why long-term investment is advised in investing in Bitcoin. DCA is advised so that the investor can hold his investment without any pressure and in the long term he will be able to build a large portfolio of Bitcoin. But those who want to trade Bitcoin rather than holding it, that is their business. If they can take the risk, they can also trade in Bitcoin.