The DCA strategy is to deal with the Bitcoin market, and to know how profitable the DCA strategy is for an investor, you first need to know about the effectiveness of this biggest strategy, imagine you are investing $100 in the DCA monthly rule in the same way for 3 consecutive months in the same manner. January: Bitcoin price is $40,000, you buy 0.0025 BTC with $100.
February: Bitcoin price is $50,000, you buy 0.002 BTC with $100.
March: Bitcoin price is $30,000, you buy 0.0033 BTC with $100. As a result, you bought less when the price was high, and when the price was low, you bought more, resulting in a lower average purchase price. And if you can continue your investment in this rule, you can become a successful investor.
But to keep Bitcoin going you have to do whatever it takes to keep your holdings at a reasonable price, and with DCA you never need to know about bear markets, you just invest towards your goals.
Its simply the basic principle on that you would be able to accumulate more if the price is lower and less when its high. DCA isnt applicable to everyone because it will really be basing up into someones financial capability but if you are really that being too positive or eager to accumulate Bitcoin no matter what, then you would be finding up ways. DCA method will really be that lowering your average price entry on which the lower the price you have bought the bigger potential profit that you can get once the market will be having that recovery or price pump. This is where some people do always wait up for market corrections (which is sensible thing to be done) before they will really be making up some buybacks. There are those people who dont really care with the current market price and just buy immediately.
People will really be only saying that its too late to buy Bitcoin since they are really just that watching or looking with the current price and without trying out to realize when it comes into its potential. Too late will be those words into those who are just that new into this space, but for those who do have that enough understanding about on how this market works will really be seeing that this current price is still low, specially now that we are approaching bull run then there's so much potential in terms of profitability. Buybacks will really be in accordance into your own preference,choice and analysis. The most important thing on here is that never ever consider on hearing out someones advises or recommendations on how you would be doing your investment. Stick into your own so that whatever the price would be ending up then you wont really be having any regrets.