I think that the point is that if a person is either brand new to bitcoin or considers himself to not have enough bitcoin, then he has to buy bitcoin in order to be prepared for UP, since he does not know if the BTC price is going to go up or down.
If he does not buy, then he is taking a chance to want to buy bitcoin at lower prices than the current prices, yet those lower prices might not happen. If they happen, then is that when the buying starts?
Sure, any newbie or even a person who perceives himself to not have enough bitcoin, would prefer to buy at a lower price than today's price, yet how is such guy going to know if the price is going down or to develop a strategy for buying when the BTC price goes down, especially where there are decently good chances that the bitcoin price could do some kind of a stair step upwards and then never ever return to these prices, then such no coiner or low coiner will be in an even worse position than he would have had been if he had just bought coins.
We don't buy bitcoin regularly and all the time as beginners because we want to buy at a higher price, but instead we buy in order to get more bitcoin, since we are better off to ongoingly buy as soon as possible rather than to wait and get stuck with the chances of not having had sufficiently built our stash and then the prices end up going up rather than down as we had hoped.
I agree with you. Actually, no one can say exactly when the price of Bitcoin will be low or high. So, instead of waiting for the price to drop, we should start investing by following the DCA regularly.In 2017, when the price of Bitcoin reached from $1000 to $20000, many people waited for the price to drop again, but since then the price of Bitcoin has never come close to 1000 to 2000 dollars, so they missed the opportunity and those who did not invest at that time remained as no-coiner or low-coiner .According to the DCA method, We don't need a lot of money to invest in Bitcoin. If you have a discretionary income and a mentality of investing for a minimum of 4 to 10 years, then it is possible to get a lot of profit even if you invest $10 to $50 per week. According to a report, if someone had invested $10 a week for the past five years from 2024 august , their total investment would have been around $2,620 and
they would have made a total profit of $7,913.20 from their investment, which is around 202.03% return.