If an investor wants to hold his entire savings in Bitcoin, that may be acceptable. However, in this case, he must invest with a long-term plan. After considering that he is not hindered from his investment for any other reason than it may be a good idea if he holds a large part of it in Bitcoin. But if there is no situation to invest Lump Sum in Bitcoin, then he can take the DCA method. In this case, he can accumulate Bitcoin regularly with his discretionary income. If the investor follows DCA, he can increase the amount of Bitcoin he has accumulated without financial stress and risk. In the case of DCA, if the investor is able to form an emergency fund along with his investment in Bitcoin, then he can accumulate more bitcoin.
Which method you will invest in is entirely up to you. Whether you will adopt the lump sum investment method or buy DIP or you will adopt the DCA method is entirely up to you. What is meant by Bitcoin lump sum is an investment method, it is not something of Bitcoin. You can buy Bitcoin through lump sum method.
DCA is an investment method, it is a very simple and very good investment method among all investment methods. You cannot reduce your risk by investing through the DCA method. By adopting the DCA method, you can buy at any price at any time. Continue to buy continuously by adopting the DCA method and hold Bitcoin for a long time
You are right, DCA is not the only strategy available that can be used in accumulating Bitcoin but it is the most convenient & used method so far. Investors prefer using DCA strategy because it keeps them to remain focus also improve there consistency in accumulating Bitcoin without difficulties. Other methods (Dip & Lump sum) are also good in accumulating Bitcoin too but DCA strategy is simply the best. Making used of DCA Method also enable an investor to buys Bitcoin regardless of the price without timing the market regardless unlike the others that slows down an investor accumulation speed. DCA also reduces the risks and also makes it easier to invest in Bitcoin. With his discretional income ready and while applying DCA strategy,an investor can simply start accumulating Bitcoin consistently without stressing. DCA strategy is highly recommended for any investor that wishes to invest in Bitcoin because of its flexibility.