Of course, those who have implemented this method are considered intelligent and astute, as they no longer care about pursuing short-term profits but instead focus on the long term. Of course, no one wants to miss a market rally when they see a coin's price rise, but the average person has to monitor it, and it's quite a hassle, staring at the screen constantly to avoid getting caught up, as even the slightest movement can quickly lead to a decline.
In my opinion, psychological factors still play a crucial role in maintaining enthusiasm for long-term investing using the DCA technique. This allows one to learn to resist panic, avoid the temptation to sell due to FOMO, and avoid expecting a severe market drop, even during a bear market. Regardless, the final outcome of buying using the DCA model still wins, even if it varies. If we average each purchase transaction, it automatically lowers our average cost.
Remember that Bitcoin is not for everyone and not everyone can afford it. We must always accept this reality. In this context, let me tell you a story, although it is true, it still sounds like a story - a man went to the market to buy Ugu (Telfairia occidentalis) but after standing for a while near the shop, he saw that time was passing and the seller was reducing the price of Ugu a little. So the man waited for a while for the price to come down. The price came down but the man still did not buy it. He waited again for the price to come down. The price did come down but the good fresh Ugu were already sold out. Later, he could not buy any more Ugu. At that moment, his wife called and said that he definitely needed Ugu at home, so he started looking for Ugu in other shops but most of the shops had already sold out. While searching, he found a small quantity of Ugu in one shop but since no other shop had it, the demand for it increased so he had to buy it at a high price, but he did not get the amount of Ugu he needed.
This is consistent with the case of Bitcoin lazy investors (those who wait for the most favorable time to start investing).
Everyone thinks that Bitcoin is just an investment tool and the lower the price they can buy it, the more profitable they will be. But the reality is that the more Bitcoin they have in the future, the more economically prosperous they will be in the future. Therefore, everyone should focus on how to own the maximum amount of Bitcoin without looking at the price.