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.
If you're investing in Bitcoin and your goal is long-term, both strategies are suitable, whether you buy all at once or use the DCA method. It all depends on your goals and preferred investment strategy. Both carry their own risks, including the risk of missing out on good market opportunities.
If you buy all at once, when the price drops, you won't be able to buy any more because you'll run out of money. However, if you use DCA, when the price continues to rise and there's no further decline, you won't be able to capitalize on the low prices as before. Ultimately, it all depends on each individual's goals, but one thing's for sure: both strategies should be executed with cold hard cash, or money that's not related to daily needs. This is a crucial point.