Sometimes too much in strategy will make beginners confused in carrying out their investments. I believe beginners need a basic foundation to carry out their strategic planning better and achieve the targets they want. The big difference may be in terms of knowledge about Bitcoin, which means beginners may need an approach to see the big cycles that Bitcoin has gone through. Yes, basically beginners can start with the DCA Strategy if they are not able to think about the distribution of funds for several other strategy practices.
Even though investment success is triggered by individual self-confidence, in Bitcoin investment you must be able to know more about Bitcoin and why you are interested in buying and holding it. Sometimes people out there are still quite unfamiliar with Bitcoin and they don't understand enough and this is where an approach is needed for those who are really beginners in investing in Bitcoin.
In essence, we are in the modern era and Bitcoin has the advantage of being a very promising investment for old age. Apart from that, the price of Bitcoin is very fluctuating and use it cold money that is ready to lose. I mean you don't have to worry if the price drops very deeply because you really don't need the money you invest in Bitcoin for other purposes in your life.
Even though many large companies continue to buy Bitcoin, I think there are still many people who don't understand Bitcoin. Maybe because they miss out on information because they live in remote areas or have difficulty accessing the internet. Yes, for those of us who have bought on dips, keep the Bitcoin we have for the long term.
Understanding, investment objectives, strategy, correct mindset, budget sources, time frames and investment and financial management are some of the interesting points that a potential investor needs to have. You won't necessarily be able to invest safely without sufficient knowledge, and you won't get a commensurate return if you don't have a goal for what you invest.
The basic concepts certainly need to be learned regardless of whether they are beginner investors or experienced investors. However, the difference is that both of them have different experiences and knowledge for this asset whose value fluctuates. The success of an investor depends on how they have understanding, strategy, financial management, investment management and risk control, so all of this must really be learned in order to be successful in investing.