it is also better to choose DCA strategy, because if someone buys Bitcoin with a lump sum, then later if the price of Bitcoin decreases a little, he may regret it, so DCA strategy should be chosen to buy at an average price.
I think the idea of lump summing is basically dependent on the level of income of the individual or investor. And yes, If you have the income to lump sum I don’t think the idea is wrong to accumulate bitcoin and hodl. The DCA strategy is good, and so is lump sum. The idea is to buy and hodl for a long term goal and sometimes you feel like to buy in bulk and keep rather then buying little by little on weekly or monthly basis due to the fear that if the money gets to remain with you, you might use it for other things that are not really worth it so it’s better you use that money to lump sum and hold. Getting emotional about the market is most common among traders, weather they are DCAing or lump summing.
Yes, there's nothing wrong with a lump sum strategy when buying Bitcoin. As long as the goal is long-term investment, this strategy can be very profitable. So, I don't think there's any serious debate about this, as both strategies have equally good benefits. However, they work differently. DCA can be defined as the principle of saving over a predetermined period of time, done periodically until the target is reached. On the other hand, a lump sum strategy essentially involves buying a large amount at once. So, in essence, there's nothing wrong with either strategy. The most important thing is to hold onto the Bitcoin we own for the long term. I believe that's the main point of investing in Bitcoin. So, when we want to invest in Bitcoin, the key is to choose which strategy suits us best. Essentially, DCA and lump sum are the same, and choosing either strategy is fine. So, the point is, we shouldn't overthink our buying strategy when investing in Bitcoin. Because, regardless of the investment strategy, if we can hold consistently, I believe our Bitcoin investment will be successful.