I have problems with proclamations that something is "perfect," and yeah, you conditioned your assertion that DCA is perfect based on a scenario in which some investors might not have a lot of money to work with so they are dealing with figuring out how much to invest in bitcoin and perhaps the amount of discretionary funds are quite small and they struggle to get the discretionary income to go up by either trying to increase their income and/or to decrease some of their expenses.
Nothing can be said to be perfect, but for investors DCA always seems to be the best for investors especially when the main reason why you investing is to make plans for your future.
I share the same sentiment with you. Saying any strategy is "perfect" is partially true. No doubt, dca is a good strategy especially for low coiners but it is wrong to say it is better than every other strategy. In the end, it all comes down to the knowledge and experience the investor has using that strategy.
If we are being honest, every other strategy is "perfect" when applied correctly. There are some investor who have mastered buying on dip, lump sum and any other strategy we can think of, and they have been successful ever since they used those strategy. But the difference with that investor to others is experience. Anyone can make a strategy work for them but not everyone can use that strategy and it works for them.
Let's say a beginner rush into lump sum without good understanding of it, they will obviously get a different result from someone who have been successful using it. This is the main reason why I think no strategy is totally superior to others. It all depends on who is using the strategy and how they have understood it over the years.
DCA will surely be my favorite, at least for now since my income is not too robust as wish for it to be. I also envy other strategies but in the meantime, Ill stick to this one.
Every strategy is purposeful and I Think every strategy has it targeted audience. When you look at the DCA strategy you will see it it basically for investors, not that investors dont use others strategies but the DCA is more suitable for them.
The buyin the DIP strategy is mostly used by traders because these are people who buy with the absolute mindset of making profit.
For an investor whos sole aim is to invest for his future then i would say the DCA is the best, because accumulating bitcoin have been is priority.
The dip strategy isn't a perfect strategy those who master buying only the dip are traders and they don't even master it because they never know when the dip will come and there plan to sell when the price goes up doesn't work out for them most times so i wouldn't include waiting for dip to be a perfect strategy and there is no correct way to apply on it.
The DCA strategy is good for me because it's a consistent accumulation of Bitcoin since we don't know how long it will take for the dip to come, when accumulating continuously with the DCA strategy will sure meet the dip and accumulate more then and this is better than waiting for the dip before buying.
That is it mate, most people who uses the buy the Dip are Mostly traders because their purpose it make profit within a particular period of time. I dont think their is mastering in it, it all gamble and that what most of them have a wrong impression about bitcoin.
Investors will always use the DCA, when you plan for your future you will see that the DCA is the most suitable for you, it only requires you to set a discretionary income and be consistent about buying bitcoin.