Sometimes based on personal circumstances, cash flow circumstances or just getting caught up in the BTC (FOMO) hype, people will end up investing more into BTC (in kind of lump sum ways) at certain times, so there could be cases in which a person invested way more into BTC at the top of BTC prices in 2021, so then that person may well end up still being in the negative because they are having to make up for their having had front loaded their BTC investment at times that ended up being higher prices than they are currently. Those kinds of mistakes do sometimes end up happening, and maybe some of those kinds of persons might end up DCA investing into bitcoin 3-4 years (or even more) before they finally start getting into profits. Of course, no matter what there are not any guarantees that your BTC portfolio will end up in profits, even though many of us have certain levels of confidence that bitcoin is amongst the best of investments currently available, if not the best investment, and because of our assessment of bitcoin, we continue to buy into it, even if it might take a while for our holdings to get into profits (an might not ever get into profits if something ends up negativing bitcoin's positive investment thesis).
Mistakes like these can happen and it may take several years or more for someone to start seeing profits from their BTC investment. It is crucial to acknowledge that there are no guarantees in the market even though many of us have confidence in Bitcoin as a long-term investment. Despite our positive assessment it's possible that external factors could negatively impact Bitcoin's investment thesis. But if we believe in Bitcoin so definitely we will be happy after a certain.
But the thing is that if anyone is DCAing with time to time so this strategy will recover the mistakes which he/s made at the time of FOMO. If anyone invested on the top when Bitcoin was at $69000. And still DCAing so I am sure that he has recovered almost 80% to 90% loss and if he will hold and continue the strategy so he/s will be in profit when Bitcoin will cross ATH again.
The fear of missing out has cause a lot of investors to regret, I will say this act is commonly done by new comers who doesn't know anything about the market but due to the hype alot of them decide to buy with huge sum and end up with high expectations from the market, concerning the hype what will make a newbie to follow the hype they have heard something about bitcoin before they made such decision, the hype about bitcoin is just too much and anyone who can't control their emotions they should just stay out from investing.
Investors who find themself in this circumstances some can't even wait for 2_3 years before the next ATH that's why they choose to follow the hype, when it comes to FOMO this kind investment choice is never right not only bitcoin investment other investment too, for example a newbie who doesn't know how the market works how can that person make a proper investment. I will go with the opinion to continue using the DCA strategy not minding the hype cause during this season a lot of investors take high risk spending more.