I will advise you accumulate bitcoin at anytime if you have your discretionary to do so using the DCA strategy.
Here I want to say that it is not enough to have the desire, you have to be able to hold the investment for a long time. If not, then you will not be able to succeed if you invest at any time. Bitcoin is an asset whose price will continue to increase in the future. We should know that in the future the price of Bitcoin will only increase, but the supply of Bitcoin will never increase, if the supply of Bitcoin does not increase, then the price of Bitcoin will definitely continue to increase. Now DCA is the best strategy to invest in Bitcoin, if someone continues to invest in the DCA method, then he will not have to worry about the price, because he will automatically be able to buy Bitcoin at the average price.
I think Bitcoin has a bright future. That's why I decided to buy Bitcoins worth $40-50 per month from my monthly income. I hope I can buy them for 10 or 15 years, And hold it for 20 years and hopefully make a good profit. If we look back, we can see how valuable Bitcoin is. Did any of us think Bitcoin would be worth this much? If we had known, maybe we would have bought it. If we had bought Bitcoin 10 years ago, we would have made so much profit. Even 10 years from now, some of us might regret it. So now is the right time to buy Bitcoin, every dip and hold for long.
You should not be thinking that Bitcoin has bright future, i want you to understand and believe that with Bitcoin investments your future is ever brighter and should know that buying Bitcoin aggressively depends on your discretionary income because Bitcoin goes along with the future from 4-10years, then from the discretionary income you can decide to increase or buy Bitcoin weekly or monthly.
. However, if you can consciously use the DCA method to invest small amounts daily, weekly or monthly, you can get very good results. You can always decide to buy Bitcoin from additional income by ensuring your financial security. If you can increase your discretionary income, it will be much easier to invest in Bitcoin. Of course, discretionary income is the money that is left after meeting your necessary expenses. You have to think that Bitcoin is volatile, so it is natural for you to invest in it.
If you can consciously hold Bitcoin for the long term, then there is a possibility of getting a good return. There are precedents that those who have held Bitcoin for 4-10 years have benefited. Therefore, Bitcoin investment needs to be for 4-10 years, this is a realistic and reasonable idea based on the long-term history of Bitcoin.
Bitcoin has existed for more than 15 years now, and since from the inception, Bitcoin has shown to the world that investing in it is not just having a mere asset, but also about storage of value that appreciate with time, at no point has Bitcoin posed as a risky investment right from inception to those that have invested in it with, so this kind of narrative of Bitcoin being a risky investment was mongered during the early days of Bitcoin and over the years bitcoin has continued to prove those nay sayer's wrongly. If it's as risky as you make it sound, why would you even advise anyone to DCA in the first place, you shouldn't approbate and reprobate. there is no doubt about the fact that you should use your discretionary income while investing, however there are those that are financially buoyant who can also lump-sum.