But with all the challenges faced by the average man, many have given up hope in this light(Bitcoin) .
Patience is one key factor to acquiring success through Bitcoin .
If only the common man would have to be patient, then a guarantee of life long success can be attainable.
I think the problem with people who choose to go into bitcoin investment is that they lack the knowledge about Bitcoin and they end up diving in with the misconception that bitcoin is a get rich quick scheme. They believe once they go into bitcoin, they'll suddenly become rich after investing some amount of cash. You can invest thousands of millions of dollars in bitcoin but still fail and lose all or almost everything if you don't have the required knowledge and if you don't know the right approach and technique to use while investing in Bitcoin.
There are lots of approaches to employ when thinking about Bitcoin investment, so it's left for you to conduct and extensive research and come up with the approach best suitable and productive for you rather than just diving into Bitcoin without full preparation. This is often what causes people to lose money in Bitcoin investment.
You've said it all. This is why it's advised for people to first acquire basic knowledge of Bitcoin before even making any move. Manny people go into bitcoin simply because they hear from people that bitcoin give a lot of profits. Yes it's true that bitcoin can give a lot of profits, but only when you use the right approach.
DCA is a very effective approach, especially for bitcoin newbies, that way you won't feel the impact of investing because you'll only be investing a set amount of money, weekly, monthly or even daily, depending on your income.