But I am wondering is dollar cost averaging (DCA) still the best approach now?
imo DCA still works great! You could read this fantastic Kiplinger's post, even with bitcoin nearing 120K, institutional interest and volatility don’t rule out its long-term upside, whatever the price I will recommend staking your idle money monthly basis into bitcoin, instead of letting it decay into your bank account. For anyone in the world who believes in Bitcoin, any day is a good day for DCA, It warns against market timing, DCA smooths out purchasing over all price tip. So yes, if you trust Bitcoin then future is still shiny, DCA will pull out emotion and be apt to accumulate over time, even during the run-up.
https://www.talkimg.com/images/2025/07/21/UA1vmc.pngKiplingerTiming the market often sounds smart on paper, but in reality, it leads to hesitation or missed opportunities. DCA takes the emotion out of the process and keeps you consistent which, over time, tends to beat most short term strategies. Even with BTC flirting with $120k, the upside is far from gone, especially considering long-term fundamentals and growing adoption. The fact that institutions are still buying at these levels says a lot. For anyone serious about building a long term position, DCA is still the way.
