Thank you Mark for bringing this to people's attention. I don't see DCA as the best strategy anymore when it comes to Bitcoin, Ethereum and many altcoins.

Nonetheless, DCA has its merits, especially for beginners and or/ anyone wanting to mitigate their risk when delving into a highly-volatile asset class such as crypto.

However, when the market tanks 35-40% in a week (even just 15-20% in one day) and you still envisage some solid medium-to-long-term potential in a given asset, you would be foolish to continue with DCA rather than exploit these opportunities and buy major dips.

Let's say you had $2,400 available at the beginning of a year (i.e., $200/month) readily available to allocate to an investment such as crypto. Opting for lump-sum investing (all at once), $1,200 each on two occasions or whatever combo to reach $2,400 and taking advantage of dips would most likely yield better results than DCA.

You don't need solid technical-analysis experience (though it helps) or not even a commerce degree to gauge when there could be drops and when to determine good buying opportunities.

No risk = no reward. However, it should be something that you can psychologically and financially tolerate, i.e. only invest what you can afford to lose.

The fact people are willing to have some skin in the game is better than simply sitting on the side line and acting like a back-seat driver. These are probably the same people to disparage Bitcoin/crypto, only to later regret not investing, not even a tiny amount.

N.B. None of this is financial advice and I am not a financial advisor.