So I did lump sum some time back, but personally I feel now (hindsight?) that splitting the same amount into a DCA would have been a more effective approach.
I bought in Nov '24, as a lumpsum. Then in Jan/Feb I was happy but in Feb we got a bit of a dip - right up until April.
Conversely if I'd done a small amount in Nov, then bought DCA below my last buy price I think I'd have made a bundle more.
You did a good thing by front loading your Bitcoin investment with a lump sum and shouldn't regret why you didn't split the money you used for lump sum into different parts and use it for DCAing, which would have given you the opportunity to buy the long dip that happened between February to April. As a newbie that's starting his Bitcoin investment, after you have front loaded your Bitcoin investment with a lump sum, you should have an ongoing DCA strategy so that you will be persistent and consistent in accumulate Bitcoin, and it will allow you to take advantage of the market and buy any dip that will occur.
Of course, I'm not saying it was a bad thing; I just felt that DCA would have given more value-per-$ that's all.
In future I'll probably split the lump sum into a smaller one-off + multiple DCAs. It's just a change of approach I guess; let's see what happens!
Actually that wouldn’t be a very bad idea as well, I think it’s very comfortable to adapt a strategy that would help you to keep buying and accumulating bitcoin for a very long terms, I would really not dispute that some investors find it very hard to approach the lump sum because of the little discretionary of income which also results to little accumulation that could well possibly be okay with accumulating with DCA.
I think their are investors who are also comfortable buying through lump sum, but if you feel you have some leverage money you could still appreciate buying lump sum and still keep buying through the DCA, at some point you might feel like you’re behind schedule in your bitcoin investment journey and you’ll want to buy through lump sum and front load as well, which will not be a very bad idea.