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Is it a good time to start DCA now? Or

should wait till upward trend starts

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Technically, if you DCA, uptrend or not will not matter much, because it will eventually come, and in the meantime you have been lowering your entry point. If you wait for the uptrend, when exactly will it come? Timing the market is always the most dificult part. DCA is the way to go, no matter what. It's the only time proven strategy for long term results.

The concept of DCA is that there is no good time or bad time. You start, and continue doing it consistently regardless of market over time. Maybe drop in at certain intervals or milestones to check on it (but not like an everyday thing where you’re looking at charts and stressing out on timing). Your timing for DCA is consistency. 👍

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