I am not sure if you got my point, and I doubt that there is any necessity to study bitcoin prior to getting the fuck started.
You are 100% right, most of the newbies procrastinate and wait for the right moment, some are lazy enough that they can't even set their wallets, or know how to do P2P. You are right about the fact that study bitcoin is not that much necessary, just invest funds and see the magic. But don't you think its a bit doubtful or will be doubtful for newbies? If they don't know the potential of BTC then why would they invest in BTC, and if they don't know how to set up a wallet, from where to buy BTC, how to avoid spammers, or phishing scams, then how they can save themselves, even if somehow after watching YT videos they come to buy BTC even. A little study is necessary IMHO. And I did get your point. I will start one day VS Day One have different meanings.
In other words, the mere fact that we just touched on ATHs in the last 48 hours, that still does not mean that the price will ever be lower than it is today... so if you have assessed that you don't have enough bitcpoin, then you keep buying until you have enough... you don't wait. Waiting is not an accumulation strategy.
I actually don't know how much BTC would be enough for me, you are saying if I will have 1.5+ BTC then they are more then enough in compared to having 0.008. I got your point here, but I don't know how can I know if the BTC I have is enough or not, Accumulating 1.5+ BTC seems a little difficult but who don't want to accumulate that much. If I am making huge earnings, then I will definitely accumulate but for the time being, I am not accumulating due to finance issues. I don't have any issue in holding some funds aside, I actually save some funds in stable currency to buy back but I have to use them also.
-cut- as long as you figure out your discretionary income and you are not spending from money that you need, which you should be able to figure out those kinds of relatively basis personal financial management matters.
Got It.
So they might have some periods that they are looking foolish, but who is going to care 20 years down the road when they spent their first 10 years buying like crazy and at any price, then when it comes time to start spending them, they are likely going to have way more options than the person who was failing/refusing to act.
I got this point also, and I am far above this point, because I am not overdoing it, I am not wasting my funds, I do proper DCA, I manage funds from my income, and try to invest with what my life don't disturb. Actually I love holding BTC now, my Average buying is $28k. Now I am in good profit.
What I lack is a good exit plan.