Waiting requires patience and the DCA method teaches us to wait for our assets to grow by buying gradually. for investors who hold long term also have high patience with free capital, because patience will be tested when we are faced with needs.
I also believe that DCA is the optimal strategy for newbies to invest in BTC. Macro or technical analysis can be overly complex for most, but we all have the same amount of time. Whales may manipulate BTC, but in the long term, BTC price consistently rises, and long-term investors using DCA will profit.
With the recent introduction of BTC-related products like spot ETFs, many argue that BTC price has become more independent in its fluctuations. However, I believe this is still not the case as BTC price can still easily swing by a few dozen percent in a month.
Well, unfortunately, what you and I believe may likely not be the reality, when the bitcoin spot ETF was approved, I guess that was supposed to act as a message to the crypto community that the government have taken notice of bitcoin and have possibly added it to their list of investible assets, and one thing that is very common with all governments around the world is that, they like to control the price of assets, especially the ones they have invested in.
Now, I am not saying that the government are controlling the price of bitcoin, which in other words is known as manipulation, but you and I know it's very possible and we can't entirely rule out the possibility looking at how stagnant bitcoin price became after the approval of the spot ETF and the short rise we saw..
Did you notice that ETH didnt make any upward move after it's ETF was approved?