DCAing $BTC was more profitable than you think, if you haven't started doing it from the last ATH
, it is possible to cover almost 100% of own losses after each correction cycle by purchasing at the local top. But in order to do that, an investor would need certain knowledge about the market's structure and technical analysis. The simpler version of the strategy is to buy an asset on certain dates.
As we have mentioned, a popular way to expose yourself to a certain asset is to purchase it on a certain date. Smaller retail investors sometimes prefer purchasing BTC every Monday throughout the year.For example, the average price through 2016-2019 would be at $1,494 for the average investor. If someone entered the market relatively late, in 2020, their average entry would be at $18,373, which puts investors at a profit at the current BTC price.
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