DCA Na the best strategy for newbie to be able to accumulate enough bitcoin. As newbie wey never get idea about bitcoin, this method is less stressful compare to other method.
Anybody wey just wan invest in bitcoin, I go talk say na d best strategy be that, no be for only people wey just Dey join crypto. If you be newbie, just make sure say you go learn something’s about bitcoin and crypto general, and if you wan start your investment, just make sure say na DCA strategy na him you go use, that one no really require much analysis. No be say you go need go Dey do analysis, just plan yourself with the amount you wan Dey buy either daily, weekly or monthly. Price of bitcoin at that Particular time no suppose be problem.
Na year matter be this, like 5_yrs or more depending on ur plan.
DCA no be for people wey want make quick gain , so if u no fit get patience this method is not for you.
If we wan invest in bitcoin for long term me I Dey even recommend make our investment plan even pass 5 years, because sometimes 5 years fit no really day enough. And I go talk say if you wan invest in bitcoin, you need patience, if you no fit get patience, then bitcoin investment no really Dey for you. Most people wey Dey put money for shitcoins na because of quick profits wey dem Dey look for, but anything wey make you put money for bitcoin, then make we no expect quick profit.
you need to dey set aside some money( emergency fund) bcos nobody fit predict the future, you fit get some problem wey go want pressure u to trade your bitcoin when the time never reach for you to trade. this money will help u not to trade your bitcoin before the expected time.
If you no get emergency funds, then e go Dey difficult to hold bitcoin for long time be that now, because if problem happen, if emergency money no Dey, you no go get choice than to sell your bitcoin, and use money solve problem wey Dey, but if emergency funds Dey, then we no go even think about the investment wey we get incase if problem Dey.