Depending on the season, if the market is already on dip, you may choose to invest and hold till we are out of it, to DCA comes with a clkind of double advantage for those interested in using it, the first aspect is the way it helps in buying gradually as the income flow in for us, then we take advantage of investing without missing out in the buying opportunity over time and we are buying at every dip.
Secondly, it helps reduce the risk of losing more at the bear market where everything seems to be hard to make profits, our own loss will be minimized and we can easily com out of it because of this strategy serving as the best alternative approach for long time investors, because they can hold and over time make profits the more with their assets as the market rise, her have to understand the reason for anything we choose to take, while at the verge of investing in bitcoin this season.
There is no need for a market crash to invest, there is no need to depend on market seasons, etc. There is nothing to depend on. If you have a source of discretionary income, basic knowledge about Bitcoin, and faith in Bitcoin. If you have these things, it is never a good idea to wait to invest. You need to start investing as soon as possible. Buying during a recession is always a sign of a business. An investor will want to continue buying until he can accumulate enough Bitcoin in his portfolio. If someone has money to invest, then he can invest it immediately. Waiting for a crash is not a good idea at all, invest as soon as you have money.
A bear market never helps reduce risk. A bear market becomes even more risky, for example. Suppose the market price of Bitcoin is $10, you buy it today for $5 after the market falls. But if the price of Bitcoin drops even further after you invest, you will be even more worried. Bitcoin is a very volatile currency market, and you never know when it will happen. A bear market never reduces risk.
In fact, those who have the mindset to invest in Bitcoin do not think about the price going up or down. They think about investing regularly for the long term by following the DCA method. You are right that if you have discretionary income and basic ideas and knowledge about Bitcoin, it is possible to invest. However, I will say one thing, many people waste time trying to learn too much about Bitcoin, which results in missing out on the opportunity to invest in advance. Therefore, one can invest in Bitcoin only if they have a basic idea. The topics of Bitcoin are very broad, so if you know everything about it, you will have to spend a lot of time. And even if you do not have to know such deep technical issues to invest, If someone is interested in it, he can continue to gain knowledge along with investing. And for those who have the mentality like traders, Bitcoin is not for them. Bitcoin is to create security for themselves and their families in the future through long-term investment. And those who want to buy Bitcoin in DIP are actually thinking like fools. Many people wait to buy at the dip but it turns out that the price of Bitcoin does not decrease. The price continues to increase. Then they miss the opportunity to invest in Bitcoin. Since the price of Bitcoin always fluctuates, we should follow the DCA and invest for a long time without paying attention to all these aspects. The optimal time frame will be for a minimum of 4 to 10 years. It will also be invested with discretionary income. Only then can the investment be made for a longer period of time, and it is possible to be more profitable.