Most of the time we regret buying something when we see the price drop. Then we don't have any more dollars to buy. But if we divide our total dollars into three or four parts and buy slowly at each down, then the chances of profit are high. And if we get profit after buying first, then we will sell. For this reason, I think it is better to invest little by little instead of investing all the dollars at once. What is your opinion?
If you are planning to invest, then it’s better you make use of DCA strategy, you don’t have to invest everything you having at one’s, it doesn’t make sense, just have a specific amount which you are going to be investing within a specific interval, let’s say you might decide to be investing $100 every week. If you decide to invest everything which you having at once, then even when there is a drop in market, you won’t have opportunity to accumulate more bitcoin at that moment, but that doesn’t mean you should keep on waiting for bitcoin to dump before you going to invest in bitcoin.
Investing all at once will only increase the risk, but if you are here for long term hodling, then there’s no issue with that. However, if you aim to seek for short term profits, even with a small budget you can start accumulating bitcoin. The price may be expensive though, but when you buy through DCA, you will not feel the burden of having to spend a huge amount just to have bitcoin.