you can the dollar cost average into your project with the $9000 that you have,
I share this a lot, but since everyone always seems to recommend DCA, I'll be glad to play devil's advocate.
Statistically speaking, lump sum investments perform better than DCA. Someone did the actual math on Bitcoin in 2019, and I imagine that fact is even more apparent with current prices considering anyone who has invested in the past has very likely profited.
Interestingly enough, I used to think this was only true for crypto, but it's apparently true for US markets as well:
Over 12-month periods, the lump-sum strategy outperformed dollar-cost averaging 68% of the time in U.S. markets, and by an average margin of 2.39%. The study found that the lump-sum strategy was usually the better way. And it was more advantageous over longer time periods. For example, in six-month intervals, the immediate investment strategy was the better result 64% of the time. When the historical intervals were stretched to 36 months, the immediate investment strategy was the winner 92% of the time.
LUMP sump is risky for beginner? One might invest in a bubble and not know it , the bubble might last 1day to few weeks, they will buy in bubble then lose everything
So yeah, I'm not going to say DCA is bad (it's still the way to go for nervous investors), but you at least have to consider the fact that you can profit higher on better chances with lump sum investments. This should hold true for Bitcoin and other major coins; I imagine it would be the same case for shitcoins if you can get your money out fast enough lol.