and another thing is getting it before others because those who invest into bitcoin first are likely going to have benefits (kind of like Cantillon effect in bitcoin), which surely is not completely fair, but those who know about bitcoin and act upon accumulating earlier rather than later will likely be rewarded more than those who come to bitcoin later.
Sure, I've over heard some investors in their discussion on how they are anticipating for the dip before they buy. And it's very funny how they think their predictions will definitely come to play. The price of Bitcoin due to the concept of scarcity will experience a bulls more than the bears, so definitely the price will go up as time progresses and if they miss the opportunity of accumulating now, the dip they anticipate in buying might even be higher than this current price. Sometimes I classify those who wait for the dip before buying when they have no holding as gamblers. If you must buy, then now is the time, the market movement cannot be predicted always and that is why DCA is one of the most used strategy for accumulating. Those who started buying last year January will definitely have more profit than those who are just starting now, and those who start buying now will also be in greater advantage in profit compared to those who would be starting in the next couple of years.
Since the market isn't something we can predict accurately, trading would be one of the worse experience of a Bitcoin investor. Though they can use the profit they get to neutralize their thinking that they are actually making loss than when they invest full-time, but the truth is, they are actually making loss because they have the opportunity right in front of them to maximize their profit by letting their holding be for a very long time but they choose to buy and sell at small dips and pumps. Those who trade are entirely gamblers playing with their asset. Trading has a way of tricking people they are making a lot from it but the actual fact remains that, they would have done more if only they invested for long term.
Investing in the DCA approach must be long-term and have the capacity to take risks. A separate fund must be kept for long-term holding as the family needs to be met from external sources of income from that separate schedule. If there is no different funding then Bitcoin will be held off for a long period of time. This holding can be affected to meet the needs of the family. That is why a separate fund is definitely needed to save Bitcoin holdings.
This is the more reason why we need to make calculations based on our financial income before setting aside any money for investment. The worse thing that can ever happen to an investor is going back to sell your coin after investing it due to limited finance for survival. As investor it's important you make calculations before taking any investment decision. Like for instance, most persons use 10% of their income for DCA, some might use 20% based on their schedule and their income. You can choose to use any percentage of your choice that suite your financial management without disturbing your other financial activities. And aside just investing, you need to consider making provision for emergency fund, because it's the only way you can escape emergencies without altering your Bitcoin investment. It's preferred you make your emergency fund enough for you for alt least 3 months, but you can go as far as having a 6 month emergency fund. Doing that, you'll feel secure and comfortable with your holding.