If a person invests in Bitcoin according to the DCA method, he will definitely be the most self-sufficient and will be able to hold it for a long time, so he will not have to worry about his Bitcoin investment and later he will definitely continue to get huge benefits in proportion to the savings made on the purchase price.
Your statement that investing through the DCA is a guarantee that the investor will hold for long is a little incomplete and it is good to set the record straight. The DCA method may encourage someone to think long term since the investment is not made under pressure but what will help an investor to actually hold for long is to invest with only discretionary income and to set up emergency funds. While we are encouraging people to adopt the DCA method, we should also add that investing within the discretionary income and setting up emergency fund are important practice that will guarantee that the investment is protect and not sold off under pressures. This is just one simple addition I needed to add to make your comment complete.
Bitcoin investment should be done this way and try to make them more meaningful as far as possible. Maybe you invested $ 30 in Bitcoin this week and think about making $ 30 to $ 35 later. In this case, abandon your waste and neglected expenses because you learn to use your money in the right place. If you can invest in Bitcoin with such thinking, it is possible to go further, because the DCA method of investment only helps the investor to use the money properly, the DCA method has many advantages but we never think about it with our proper knowledge.
In the future, only those Bitcoin investors who follow the DCA method and hold Bitcoin for a long time will be successful.
Any bitcoin accumulation strategy you use to accumulate bitcoin with you will be successful, provided when you reach the end of your accumulation process, you will hold your bitcoin for 4-8 years. The reason why the DCA strategy is widely adopted by bitcoin investors is because it gives low income earners hope of accumulating bitcoin little by little, and when their discretionary income is available, they will accumulate bitcoin right away without waiting for the price to drop.
DCA investment, i.e. Dollar Cost Average investment strategy, has made it much easier for every professional to invest. In a word, those who could not invest in Bitcoin before and those who thought that Bitcoin was for the rich can also invest consistently by adopting this strategy very easily. Earlier, we used to save money for investment and when that amount of money was relatively high, we would buy Bitcoin at a certain price level and try to hold that investment for a long time.
During this period, many more opportunities would have been created to invest, but then we could not invest because then we did not know about this investment strategy, but now after we start investing, we can easily buy Bitcoin by looking at the various movements of the market and can hold this investment in a long-term plan.
To invest by following the DCA investment strategy, an investor only needs to have the desire to take some risk of money and have the desire to hold the investment for a long time, if an investor has these things, he will definitely be able to hold his investment for a long time.