By staying focused on the DCA method, someone will not be too influenced by what is happening in the market. They still invest a certain amount of money every week or month and buy bitcoin, whatever the price on the market. And that's good for them because they don't panic and have no desire to sell their bitcoins. After all, their target is long term.
Beginners who invest in bitcoin using the DCA method do not need to observe the price of bitcoin and they are different from beginners who trade in the market. Those who trade must always observe and pay attention to prices in the market and then analyze them to get time to enter and exit the market.
My advise to beginners and long term investors with little resources is for them to begin with the DCA method rather than the lump sum. It gives them the ability to manage the crisis that are in the investment couple with they have smaller funds to invest. As a beginner, you have less control of emotions to things like this, and in the event that you are faced with bad timings of purchase.
Also, as a beginner, you have less resources at your disposal and more desperation in the Return of Investment, to be able to get it right, start with the DCA approach. But one will realize that as you invest in this, your expectations will be minimal.
The best part of this investment apart from its less funds to invest or lose, is that you do not necessarily need to have a very large amount of money to be able to invest before you can start benefiting from the market growth.
If all new and long-term investors adopt and have this mindset, there will be less panic and dissemination of negative news about bitcoin in society. individuals who argue bitcoin is not a currency to rely on or invest in are individuals who lacked appropriate market expertise and simply went in because of some amazing news they heard about how your return on investment will be massive. For every investment, you should learn the basics before diving in; otherwise, the setback will always be more than the small risk you should have taken, combined with some patience in the market, which should have been done in the first place.
If you're new to bitcoin, don't be discouraged by what others say; instead, identify a method that works best for you based on your financial situation and invest in bitcoin using that approach. What you must do is adopt the mindset of long-term investing in order to reap the benefits later. It makes no difference how you accumulate, but having a long time investment always promises a better benefit in the future.