The truth is that, those that are emotionally occupied with price action have no place for long term holding, and they can't make up for a good DCA position since the lack the requisite knowledge and frame of mind to undoubtedly take action on the market and achieve a position, this is very important to first take care of before any other things, so anyone that is emotionally unstable should at least stay away from the market for a well good time, and after the build the needed knowledge about price movement and when best to take action then they can return back to buy in some lump sum and take the right position.
On the other hand most of those that have made some positive progress in the DCA position have always have one thing to say about the one thing that fundamentallly helped them to achieve such a financial state, which is persistent buying of Bitcoin at anytime there is an opportunity to buy more and take a position, most times arriving at a financial goal through Bitcoin may be hard for those that lack the consistency to take position frequently, and most of those set of people are those that may lack the right knowledge and commitment to make continues progress in the DCA journey.
Long term holding is the best way not to lose our on the future gains that the market present, so not taking action along market sentiment will ease you up alot, and in doing so you have to note that you only lose when you sell your Bitcoin at below the price you bought it, that is why you have to have long term perspective and goal before you start your Bitcoin accumulation journey.
Actually when we talk about emotional. Whether we are involved in bitcoin or not will definitely happen because it is a natural trait that we have, but when we talk about bitcoin in this case, there is definitely emotion in it, it just depends on our control over that emotion.
Being emotional is a normal condition when talking about money, but that doesn't mean that because we are emotional, our actions are uncontrollable, because in this case we have to find a way to overcome this characteristic so that it is more controlled. When we are new to bitcoin then we will definitely try to check the price, maybe even almost every day like that, I say this because I have been in the same situation where even in 1 day I always check the price of bitcoin again and again because there is a a feeling that cannot be controlled because of the emotions we have, but as time goes by and when we can control these emotions I think it can be used as an experience where checking prices every day will actually make us troublesome because we cannot focus on the initial goal we want we do in collecting bitcoins.
So to minimize this, I reduced my activities in checking price issues because things like this cannot be stopped immediately, especially as I was a beginner and just learning about Bitcoin at that time and gradually we will be able to control those emotions when we really... really believe that the goal of investing in bitcoin is a good and right thing for us to do.
Everyone who is in bitcoin must have felt the same thing as I felt when we were new to bitcoin but precisely with that we have an experience where in the end things that at first could make us panic because of uncontrolled emotions can actually become as a weapon to make us stronger in bitcoin.