Volatile nature of Bitcoin is a big issue even for long time investment, it makes both the new investors who's intention is to learn more in the process and the old investors to experience or maximize FOMO and the fear of doubt and uncertainty Which are very common to investors, volatility should only be seen are a characteristic of Bitcoin to encourage investors not to sell but to hold and accumulate even more regardless the nature of the volatility which has made some investors to sell their investment.
Volatility is mainly a problem for short term investors because long time investment does not require you to be looking at the price of Bitcoin regularly. If I start buying Bitcoin today and set my mind that my investment will be held for at least 7years, why will I shake when the price drop sharply? Of course those buying at the dips might FOMO a little when there is market drop, because they will be contemplating the right entry point, but those that are using stable process like DCA are not bothered at all because whether price drop or not, they already set aside some part of money to be invested in Bitcoin at a certain time they have already planned irrespective of the price.
For those who are worried about the volatile nature of Bitcoin, the DCA method is highly recommended as the advantages are enormous. Not only this, there are many other advantages that the DCA method have which is the reason it dominate the discussion here. Many people are already applying it and you can see the testimonies by simply scrolling through the discussion.
Your statement is in the right direction, short-term investors always shivers when there is dip in price, but the fall to understand that it is a good opportunity to also buy at this time, bitcoin was meant to be like this, that's why the long-term investor or holldlers as they are called always try as much as possible not to discouraged because of price fall because they have already stationed their mind the long run, so they are not distraction with either speculation or price fall.
Individuals should understand bitcoin before investing in it because bitcoin is not get rich fast stuff, the price is been determine by market force, influx of people that have chosen to be part of the it, many investment plan has been rolled out for everyone to be among, I don't think anyone have any excuse to be exempted but we most not come in with pressure because if we do we will be disappointed, the best action to take is to continue accumulating gradually so that you won't be tempted to withdraw your investment, this method will allow someone to divide his or her funds, use part of it to settle some needs and the other one for continuous accumulation with this pattern you won't have an issue.