You don't need ground control points or GCP's by definition to create a 3D model like a DEM.
However if you want the DEM to have any value what so ever, you most definitely need GCP's to place it accurately relative to the world.
I suggest four lines instead of two, gives you more room for mistakes. As mentioned earlier, load the created DEM by photoscan in a GIS software which can generate contour lines from the data which you can export.