Is DCA actually a bad strategy in a bull market?
I keep hearing the same advice over and over: "Don’t try to time the market, just Dollar Cost Averaging (DCA) every week." But honestly, I’m struggling to see how the math makes sense when we’re clearly in an uptrend. If I buy $100 of BTC every Monday while the price is climbing, all I’m doing is constantly raising my average entry price. It feels like I’m "buying the top" every single week.
If we’re confident the price is going up long-term, wouldn't it have been objectively better to just buy as much as possible at the start? Or at the very least, wait for those 10–15% "flash crashes" to buy instead of buying a green candle just because it’s Monday morning?
I get that DCA is supposed to reduce risk and "smooth out" volatility, but at what point does it just become a psychological crutch for people who are too scared to pull the trigger? Am I missing something here, or is DCA actually a sub-optimal strategy once the bull market is already in full swing?
Would love to hear how you guys actually justify it when the price is hitting new highs every other day.
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