Do you know that the best way to make a profit in Bitcoin is when you purchase your Bitcoin and the store for longer time before he use or you sell your Bitcoin many people does not know that the longer you hold your Bitcoin they more the price of Bitcoin appreciate, but people who is new into the system does not really like to invest for long time and when we are making this reference or this suggestions that the longer your investment in Bitcoin the more you are accumulate more profit depending the percentage of the market at that moment
Getting started in Bitcoin can be a bit complicated for new investors because of their tendency to take short-term profits. At the same time they want quick profit and short time from their capital. However, Bitcoin gradually allows their investment to be more organized. DCA to increase the size of bitcoins which allows beginners to accumulate without any additional stress. But if you want to complete a cycle and get in decent shape, it demands hard work. But still recommend you to keep more capital at least some time. At this time you can buy short-term bitcoins with cash that you can keep separately but this method can be somewhat risky. I think it makes sense to have your investments this way compared to having idle cash.
I don't know but if you are a new investors, you shouldn't complicated things in your end like selling it early and not holding it for a long time. I think that's what social media bring to his new investors though, as if they are being program that you don't need to be organized. You just buy and when you see profits, then sell it.
On the other hand, there could be new investors that totally shut down themselves from this crypto influencers, and don't complicate things by just buying. And maybe they don't really know what DCA means, but they might have been doing it in practice in the beginning.
One of the most propelling factor on Bitcoin investment is the desire to invest on Bitcoin because the reason why I believe that desire plays a very vital role in an investment is that no matter the perceptions and views of people about Bitcoin you will never get affected because your desire for Bitcoin has supersede every other things but in a situation were someone doesn't really no why he intend to invest on Bitcoin or doesn't have much passion on Bitcoin you will see that the investors will actually be very easy to be manipulated, so in my own perspective I think the moment every investors ask themselves the reason why they choose to invest on Bitcoin and if they are able to answer themselves they will never be influenced by any media, because let me use myself for instance I choose Bitcoin because I have a serious passion for it and I have a serious hope that in the future it will put a smile on my face, so with this believe their is nothing that can make me change my mind of holding because I'm propelled by what tomorrow holds for Bitcoin.