According to Miles Deutscher, a strategic approach to Dollar Cost Averaging (DCA) involves starting with Bitcoin ($BTC), as it requires less precision in entry points. Following this, focus on major cryptocurrencies where entry point selection becomes more critical. Finally, for the riskiest altcoins, the precision of entry points is most crucial. This structured approach can help in managing risk effectively in cryptocurrency investments.

According to AltcoinGordon, investors should avoid going all-in at the launch of a new cryptocurrency project, especially if it is highly anticipated. Typically, such projects experience an initial surge in price followed by a significant pullback. Therefore, employing a Dollar Cost Averaging (DCA) strategy is recommended to mitigate risk and optimize entry points.