DCA'ing provides no mitigation of the risk of randomly timing the market poorly. The only risk it mitigates is the risk of a sudden bankruptcy, or some other m

DCA'ing provides no mitigation of the risk of randomly timing the market poorly. The only risk it mitigates is the risk of a sudden bankruptcy, or some other massive exogenous event which disrupts your future plans. However even accounting for those events the expected value of DCA is still lower.