It should be a lot easier to pay attention, study bitcoin and maybe start to ask more improtant questions in regards to your own preparations if you figure out some kind of strategy and start to follow it, even if you might just start with $100 per week or if you cannot afford $100 per week, then consider something as low as $10 per week while you are researching and learning more about bitcoin in order that you might figure out what is going to be your position and your targeted allocation, if any. It can take a while to both build a targeted BTC allocation and also to figure out why you are doing it and maybe how to do it in such a way that is comfortable for you whether that is accumulating through DCA, buying on dip, and/or lump sum investing.
Yeah you are right sir as someone who is new into Bitcoin it will be of a great importance for him by paying attention to study the investment very well because through the study he may figure out other strategies that will be of great beneficial to his Bitcoin accumulation but however I believe that is always advisable for someone who is new on Bitcoin to start accumulating Bitcoin while he is learning about Bitcoin because the reason why I'm saying that is because most people are normally propelled or attracted the more when they are seeing the practical aspects of what they are learning because with that method there mindset and perception on Bitcoin will be improved and perhaps the person could start with any amount that would be suitable for him, even if is $5 or $10 weekly he could start from there maybe as time goes by he could decide to increase his accumulation amount depending on his investment portfolio.
Exactly, the DCA strategy has become a widespread adoption among people investing in bitcoin and one of the most interesting part it is that it creates opportunity for new investors who don't yet have experience to have a wider and broader knowledge while already taken a position in the market.
Perhaps you could be right because so many investors especially the new ones always have the fear of losing out of the market, which has regularly affected so many investors because they believe that with the potential of Bitcoin the only way they could enjoy there investment is by putting everything they have and along the line they get affected. So perhaps coming to know about DCA strategy became a game changer for them because they were able learn about ways they could keep investing on Bitcoin on a regular basis with free of easily getting in trouble on the process.
If any investor wishes to reap a long term investment benefits then looking beyond the headlines should be the priority of such an investor because if they keep looking at what is being said about Bitcoin all day then actually they can run into some random news that will destabilize their state of mind and insert fear in them which will lead to not fulfilling their investment objectives and goals.
I agree with you because Media has been one of the factors that has affected so many new investors mindset do to wrong information about Bitcoin because the reason why it affects most investors is that as people who doesn't really no much about Bitcoin they tend to ask questions and also go to media to no more about Bitcoin and if perhaps they got a very wrong information about Bitcoin investment from the site it normally influences there judgment on Bitcoin, that's why is mostly encouraged for most people who are new into Bitcoin to focus on there accumulation of Bitcoin and remove there mindset from media.