DCA Strategy Involves Investing a Certain Amount of Money in an Asset at Fixed, Regular Intervals

The DCA strategy involves investing a certain amount of money in an asset at a fixed, regular time, to capture the highs and the lows, resulting in one average purchase price.

The DCA strategy involves investing a certain amount of money in an asset at a fixed, regular time, to capture the highs and the lows, resulting in one average purchase price.

“Assuming, of course, the cycles continue.”

Cinnaeamhain Ventures partner Adam Cochran appeared to agree, saying a US Bitcoin Strategic Reserve has “low odds with current Congress,” which could make it hard to see Bitcoin outperforming the rest of the market in the short term.

Change in attitude to Bitcoin ‘from the top’ in the US

Still, some observers, including Blockchain Association CEO Kristin Smith, said the Bitcoin momentum is far from over, and there is still upside potential for newer investors at this stage of the cycle.

Smith added that the incoming President-elect Donald Trump administration, along with a shift in attitude “from the top” in the United States and more financial advisers getting on board, will trigger a new wave of money flowing into Bitcoin.

“As more and more retail financial advisers are advising their clients to do this, I think we’re going to see more people come into Bitcoin,” Smith said.

“People are holding to look for more Bitcoin, not less,” she added.

This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.