You still need to research the market before you buy at least that will give you more information about what happen to the market. If you buy at a high, your average buy will increase so you can make a note in your file or buy trade order.
Even if you use DCA strategy, you still need to know where is the market position, whether if that is up or down. But that will be too complicated. So we will have our own way to do related to Bitcoin investment.
The new investor should know when the time to invest in Bitcoin. Without learn more, they can not just buy Bitcoin randomly because that can make them buy at a high. Besides that, when the price is down, they can panic and worry to see their investment value will go down.
I cannot agree with your comment. I think there is no need to do market research before investing. When you do research to invest. Then if the market does not come in your favor then you will wait to invest. This is not the right method of investing. It seems that you do not have proper knowledge about the DCA method. If you were aware of how the purchase is made through the DCA method then maybe you would not have thought of doing market research before investing.
Well it's not a bad idea to make research before investing in anything, I did my research before investing in bitcoin, and to be honest the research i did really opened my eyes to lots of benefits from the market and that helped me to make investment with some sort of assurance that the bear seasons where just temporary when it comes to bitcoin. So yeah its good to make your own research before investing especially when you're your own tutor. I understand with basic knowledge one can be able to make transactions and that's also part of the research, anyone making investment ine bitcoin should know to to properly store their seed phrase unlike other passwords that can be stored on clouds the seed phrase needs to be stored offline and encrypted if possible but the most important part is to store it offline. After making your first investment it's also proper to equip yourself with enough knowledge regarding bitcoin so you can defend yourself or teach others about bitcoin.