/biz/ - Business & Finance

I have been reading about it online and noone seems to be in agreement on which is better.
DCA proponents say it is better because of its psychological advantages and the fact that it works for someone who doesnt have a large sum to invest right now, but has a steady income (i.e. job).
Lump sum proponents say it is better because it typically outperforms DCA in almost every setting, but do mention it relies on "timing the market"/"buying the bottom", which is insanely hard, and is some case, outright impossible to do.

What does /biz/ think about these 2 strategies?
I have a bit of money for investing - should I keep saving in my bank account and then lump-sum when the time looks right, or should I keep it as is and just put my monthly access into investing?