DCA vs Lump Sum, Which is better?

[Suba]

Dollar Cost Averaging (DCA) and Lumpsum are the two investment strategies most often used by investors to buy cryptocurrency. In the DCA strategy, investors only need to buy the same amount of crypto regularly, for example at the beginning of every month. without having to consider whether crypto prices will go down or up, this strategy aims to reduce the risk of a decline in crypto prices.
Lump Sum is an investment strategy by buying large amounts of crypto at once. If crypto prices rise, investors will immediately make big profits, but if prices fall they will also suffer bigger losses. So in your opinion, which is better DCA or Lumpsum strategy?

 

[Goldynn89]

I've used both and they have their advantages. DCA works for those who get money in spurts and in bear market, allowing you to accumulate cheaply without worries.

Lump sum buying works well when the market has crashed badly, and it's a good way to make short term profits.