A new investor doesn't need to explain much about investing if an experienced investor tells him about DCA investing at the beginning.
A new investor's biggest fear before investing is how they will invest and whether they will lose all their money after investing. It can be seen that many investors are afraid to invest but if we tell them about DCA investment and the low risk in this investment strategy then they will have the courage to invest. So far most of the investors who have adopted the DCA strategy have found this strategy to be an acceptable strategy for investing. Everyone from a new investor to an experienced investor and from a wealthy investor to a middle class investor now finds DCA investment strategy as the best for investing.
courage to invest for how long without understanding what they are investing on.
Many know how low risk DCA is but how many go through it.
We engaged in DCA because we understood the potential of the project.
That might not actually be true, because there are many people who don't buy with DCA, yet they have enough knowledge about the future of bitcoin. Because according to your assumption, you are trying to say they people who buy with other methods don't understand the potential of bitcoin. DCA method has nothing to do with understanding the potential of bitcoin. Because even newbies who were influence by others to invest in bitcoin do buy bitcoin with DCA method. Even though they don't really know or have enough knowledge about the true potentials of bitcoin at that initial stage. DCA, just like every other methods is applicable by all sets of investors, both those that understands the potentials of bitcoin and those that don't, but they just have to invest because they see others investing in it. While some where influenced by others either at home or in the office.
No prior knowledge or having just a surface knowledge would make the newbie prone to blog shenanigans.
Many would even sell in loss rather than buying the dip.
Those are the characteristics of newbies, and we can't blame them for displaying their attributes of being a newbie. But those of them who manages to pass that stage without falling for those newbies temptations, with time will now understand that it is wrong to sell off when there is a market correction. With their continuous investing and hodling of bitcoin they will gather enough knowledge, and move from having zero or shallow knowledge, to having deep knowledge of bitcoin.