Institutional investors are still not satisfied with their accumulation and will buy more over time, driving the price even higher. 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.
I guess you can say that because we think they have a lot of money but some of them have lots of Bitcoin already in their bags, so they may not buy more. Yes mate, there are just times that we choose to relax no matter what the conditions are. It is a good thing though.
Thanks for you kind words, however I will add that if you're determined to have a thing, you device means of achieving such goal regardless of your paycheck, some people do not realise how small drops could form a might ocean hence the idea of buying consistently is only left for those who are 9-5 works as salaries are expected monthly. While in real sense whenever you get paid that's when you got to buy, it doesn't matter how the pay varies all you need is to stay in your course.
No one is forced to do a DCA here and we don't know, maybe some are really having a financial problem? You still can continue living anyway even if you don't have a Bitcoin. So they will prioritize other things first that they think are more important than it, such as food, medicine, clothing, and shelter. For the investors, not all of them are in for the long-term, so they may not do DCA.