I frequently question myself and even looking back at my own bitcoin history in terms of whether I really did manage my BTC as well as I should have had managed it, and sometimes my earlier assessment of what I was doing ends up varying from my going back and reviewing what I did when and why I did what I did... So in many senses, many of us may well make various mistakes along the way in our bitcoin journey, and sometimes we still may well end up having overall success (and even particular success), even though we may well have had made several significant mistakes along the way.
I took time reading everything carefully, although I can't quote all but some few point tells alot about early investors and the mistake investors made but just like what you said some will still end up having success with their investment, this is just what I observed from bitcoin investment lately, no matter the mistake and the ups and down when investing in bitcoin there's always a room to make amend if only the investor is willing. Reading experience like this from an experienced investors is amazing, although I just started my journey with the aim of success and I know it takes time but it depends how far I'm willing to learn.
Some times it takes these losers a very long time to realize their mistakes. I have a few friends who I sent a decent amount of bitcoin at various points between late 2014 and late 2016, and so you can imagine even relatively small amounts in dollar values are ending up to add up to quite a bit in times like this, and I even made some statements to suggest that they need to be guarding what I had sent them and maybe even buy some more of their own.. and sometimes they did both of those but then later down the road they lost courage and sold all their bitcoin.
I think I have seen similar stories in the forum about early investors who sold early and sometimes I wonder why but it came to my notice they never wanted such investment, in my opinion and with what I've learnt here, bitcoin investment should be treated with care mostly for investors who intend to buy in bulk to avoid loss, in essence knowing about the investment first will go a long way and it will be of help to an investor.
DCA is a crypto-tactical strategy
This is a bitcoin thread. Hopefully no one is concluding that DCA works with shitcoins, because one of the presumptions regarding the benefits of DCA is that ultimately at some point the asset is going to go up in value and you will be advantaged by ongoing buying it because generally speaking its longterm trend is upward.. even though in the short term its trend might not be upward. Except for bitcoin, you cannot presume that any shitcoin's trend is upward.. so hopefully people are not that dumb to buy shitcoins with such strategy, even though there are a lot of people who use the DCA term in shitcoins, and they might not realize that the shitcoin may well not have an upward trend.. ..
Shitcoins should be excluded when mentioning DCA strategy and even when dealing with bitcoin there's no point involving shitcoins. Sometimes investors involve shitcoins for more profit but I wonder if this plan do work out for them but I don't think it's necessary talking about shitcoins.