The reason why it is mostly advisable for a no coiner or a low coiner to start accumulating bitcoin using DCA strategy is because of the hedge it has over other strategies however it doesn't mean that an investor can use or is limited to only the DCA strategy.An investors can combine the DCA strategy with the others strategies during bitcoin accumulation and it doesn't mean his investment won't be successful.The fact that an investor is using DCA strategy to accumulate bitcoin is not a guarantee that his investment is going to be successful ,the dca strategy is mostly preferred because it eliminate the habit or the stress of always timing the market and also waiting for a desire dip which is not good for a low or
a no coiner.
DCA method has been the best, honestly. When I wanted to start my Bitcoin investment, it was the bear market I was waiting for to invest because I believed that was the time I could get Bitcoin cheap. However, even when we entered the bear market, some people were telling me that Bitcoin would still drop further, and that’s how I kept waiting for more dips.
Eventually, we entered a bull run because Bitcoin’s price kept increasing, and that’s how I missed the opportunity to start my Bitcoin investment on time. I was trying to stay encouraged, but as I discovered the DCA method, honestly, it has been a great help for me.
Now, I always buy at the end of the month, and seriously, I have gathered a good amount of Bitcoin. If I had kept waiting for a dip, I might not even have accumulated this amount of Bitcoin. DCA makes it so easy to accumulate Bitcoin. It’s just like saving a certain amount of money regularly, but when you see what you’ve saved, even you will be surprised.Now, for me, I feel any price Bitcoin is at is a good price to buy.