Before now I had a standing order with my bank where I kept some extra funds that I don't need for my upkeep. Although the bank promised interest from my daily savings I decided to stop terminate this agreement and transfer the funds to Bitcoin investment. I might not know technical analysis but my plan is just simple, which is to buy Bitcoin every month no matter how small from my extra funds. I am willing to keep buying regardless of the price until I retire from my work. This is because I believe that considering the economic uncertainties in my country, Bitcoin is one of the best forms of investment currently.
You have to reconsider this and don't put money in one investment it's not good but you have to diversify into other investments so that you can balance it during your long term investment, I'm not saying bitcoin investment is bad even it's good but this is no guarantee to be stable let alone get rich quick forever, only estimates on the long term prospects of bitcoin are good if you look at history since it first appeared on the crypto market, so I think you should allocate to some stable investments that will be a reserve fund in an emergency later.
It's better to save some of the funds in the bank for funds when there is a sudden need when you need it and can keep it as long as you don't need it, whereas if you are still working and earning more money then it can be put into bitcoin with the DCA strategy weekly or monthly would be a good way in my opinion compared to bitcoin all the money.
I was the same at first, but now I have reconsidered and bitcoin is an unstable asset, so I have to invest after other needs are met. If there is more money, I will still be put into bitcoin, but don't forget my other investment assets too invest money there for long term stability.