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Timing 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.
DCA remains the best option for those looking to build a long-term investment portfolio.
Despite its current price, Bitcoin still has significant potential to rise even higher. Institutional investors are still not satisfied with their accumulation and will buy more over time, driving the price even higher. But for the time being, I am not accumulating bitcoin even though I don't doubt its future potential.
Long-term fundamentals remain excellent and the market remains in a bullish cycle. Anyone wishing to accumulate using the DCA approach is certainly welcome, but I believe some holders may not buy now using any approach, including DCA. While this approach is sound, some people refuse to buy at high prices.