Investment is one economic way of sustainably developing our funds and surely we can't do that successfully in a short term duration. For short term period bitcoin investment there's the tendency that the investor may be less profitable or not profitable at all within the short duration, that's what makes a long term duration the best investment plan for bitcoin because you can always adjust your time further based on the market performance if price takes a downside direction and sits there for some period of time the investor doesn't grow anxiety since from the initial the plan was for a long duration.
Investing of course DCA method is best to invest in Bitcoin and not anywhere else. Because if you invest anywhere other than Bitcoin then your entire money will be at risk. So you should also have a plan how to make your investment long-term, and planning is most important to save long-term investment.
DCA method is the easiest method for any investor to multiply his money here. If the person wants he can deposit his money continuously weekly or monthly like when I enter this thread I immediately start doing Bitcoin DCA method after few days. I'm almost two years past investment age and the most self-sufficient I've been since 2023.
You have to make a long term plan, and stick to that plan, you keep investing some part of your income regularly, and that investment must be from an income that you will never need, That is, you cannot depend on that invested money in any emergency. Don't panic and keep holding, and keep investing and holding until the real bull run happens. You will see that your ROI will be the
minimum more than 3X after the original bull run.The best time to invest in bitcoin as a new investor is immediately your have the money to invest whether the price of bitcoin is at the dip or not. This is because the dip is unpredictable and might not come at our own expected time, in the sense that we might not be ready when the dip will come. So getting started immediately with DCA after you have figured out how much of your discretionary income that will enable you to buy continuously overtime. It is better to start with little amount and know that you have started your bitcoin investment journey than waiting for the dip, because bitcoin price waits for no one.
There is power in DCA accumulation strategy because no matter how little you start with as a new investor, as long as you are persistent and consistent with it for 4-10 years and above, you will be surprised at how much bitcoin you have accumulated when you check your portfolio. Life itself is a gradual process and there is nothing that is done at rush when it comes to nature. Same applies with bitcoin investment, gradual growth of your portfolio by regular buying for long will make you not feel the burden of investing, and before you know it, you have acquired a significant amount of bitcoin in a very long period of time.
Those that are waiting for the dip, as a new beginner into bitcoin investment are looking for easy way to accumulate more bitcoin with little amount of money which the probability of that happening is 50-50. But with DCA, you have the opportunity to take average of the market at different prices to increase your bitcoin portfolio.
Planning to buy during the dip puts you in the wrong mindset, especially for newbies or anyone who has not sufficiently and/or adequately prepared for up, and the ONLY way to prepare for up is by buying bitcoin.