...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 not minding your narrative.
... if I may ask what's even the risk in bitcoin investment that people talk about, an investment that we know that has an easiest way one can invest in it freely without stress, I think people refer hodling as risk, if not what then is even the risk here, I don't think anyone narrative should change anyone's mindset of buying with whichever pattern as far such pattern does not depend on buying only on dips alone.
I believe that more people are currently beginning to see Bitcoin as a risk worth taking on the other hands I don't know why anyone would use the risk factor as an excuse when they've seen it grow from a certain poin to the $100k mark, even though they're scared of going into cryptocurrency cause of risk and volatility, they should consider Bitcoin cause it's not easy for others ones to attain that point, that alone should be the driving force to adopt it for investment, buy then hodl for the next decades, their thoughts should be that something that could grow to this point in space of 15 to 16 years should have the potential of doing better in another 15 years. Anyways those that are still living in fear and doubt would regret in future and by then the risk factor wouldn't be an excuse anymore but they'll be tagged as being foolish for not taking the risk when it was way cheaper and that's just it.