DCA, hmm had I just thought buy and hold in sept .. I would have alot more btc
Of course, if you know or have a strong inclination that the market is moving upward, then you would NOT necessarily employ DCA.. .you would front load... to the greatest extent that you could afford... and of course, the more confidence you have, maybe the more you may leverage other assets to really go balls to the walls.... I would rarely employ such a balls to the walls method, personally.
I am suggesting that DCA would likely work better when there is considerable volatility, and the investor doesn't really know which way the asset price is going to go. Also, DCA works pretty well when the asset is trending downward.. but the investor doesn't really know how long or when that downward trend is going to end.. .but expects an upward movement at some future point... that is also unclear as to when, exactly.
Otherwise, I do NOT really claim to be any kind of expert on DCA, except that I generally tend to employ some version of DCA in my various investments.... Maybe b/c of my fairly conservative risk aversion and possibly due to lack of confidence in exactly how well I can predict on a day to day basis concerning the price direction of various assets?
