Some use all their funds to start up and hoping to get something in return like a larger amount just to feel among, 75% of this crazy investment do not work for some but it does for some. When people sell BTC these are the cause, I'm saying this because they seem to forget that having a plan B is important in every investment.
And since they can't predict the next move of Bitcoin price it put them in a confused state and some can decide to withdraw something less than the start up amount let it be that they get something to hold on to, no need to blame those withdrawing because they don't have much patience.
This is why it is adviced to invest funds that you willing to loss to prevent emotional battles with market trend
DCA should be done. With spare money not full capital or money for emergency.
You can reduce your everyday expenses and set outside some for investment and another for emergency savings.
The amount a person uses for DCA varies based on their situations
Imo, going "all in" when investing in Bitcoin is not advisable doing such can cause mental breakdown and lead to selling in loss when there's need to use some of the funds or Bitcoin bears has finally gotten to the persons head.
One of the main challenges when it comes on investing to crypto on which it isnt really just that limited to Bitcoin but also in other coins as well is that you would really be needing to have that good control when it comes into your emotion on which this one would really be primarily the one will really be stirring up your earlier plans or analysis and would really be off rail on which this would really be a common approach.
We do knwo that this market would really be a roller coaster ride on which it would really be just that something that will also playing up with your emotions.
when you begin to give Bitcoin the same kind of narrative that you give to other supposed crypto's out there, you might end up getting things all mixed up and end up having a totally biased narrative about the whole essence of stacking Bitcoin. To be honest, I don't subscribe to the thought process that you should invest into Bitcoin with an amount you're willing to lose and just by looking at that statement from @Ambatman, it makes it look like investing in Bitcoin is same as doing ponzi scheme or gambling with your investment. @Ambatman saying that you should invest with an amount you're willing to loose is iether coming from a trading perspective or possibly from someone that's possibly looking into altcoin or meme coins for quick profit and looking at how volatile those kind of stuff are, it makes sense if you invest into them as though you're gambling with your money and if that's th case, then I totally agree with him that one shouldn't invest into them with an amount one is not willing to loose but considering the fact that we are focused about investing into Bitcoin, then such narrative and those kind of mentality that tend to suggest that you should only invest an amount you are willing to loose isn't correct and if you have that kind of mindset, it will be deficult to build up a good portfolio since you will always try to play safe.
DCA is something that would really be recommended but of course it would really be basing up into ones capacity since not all would really be that good when it comes to this on where there would really be
those traders/investors who would really be that afraid on doing so because of such manner. $100k is inevitable but we dont really know on when it would happen and this is where
people would really be always throwing out on those numbers that we dont even know if its realistic or not for a short period of time.
maybe we should sometimes also look at Bitcoin from it original point of view of helping international transactions and giving holders the freedom that fiat couldn't offer and yeah, i know most of us here are investing for the sake of the returns we hope to get out of it but Bitcoin getting to $100k doesn't just translet to those kind of profit by default and the moment you're investing hugely because you've probably hard that after the halving that Bitcoin will shoot up high above $100k and you want to invest all your funds into it and within few days you expect such kind of scinario to magically play out so you can take out your profit, it makes you an unwise investor and if care is not taken, you might end up putting yourself in a situation where you are left with no option of selling your holding at an undure time.
$100k is a very realistic point for Bitcoin to get to within the year but you've got to ask yourself this question,
what happens to my holding if Bitcoin hits $100k today? Does it directly mean I should sell out my holding at that spot? maybe if you're truthful to yourself you should have known that even if Bitcoin hits $120k tomorrow morning, if the quantity you currently have isn't much, it will be damn unwise to take out shit from your portfolio because of such event. And so outside of the fact that Bitcoin breaking new ATH serves as an encouragement that the future is bright for Bitcoin holders, every price that's bearish should necessarily be a perfect opportunity to keep stacking.