You notice that people who have invested in Bitcoin since 2010 are successful today, because the price of Bitcoin has continued to rise. Still there is plenty of opportunity to invest in Bitcoin only with strategy you can be successful, that's why you need to use the DCA method. It is best to succeed in Bitcoin investing by adopting the DCA strategy alone. Because large investors and small investors both new and old investors can succeed by following the DCA strategy.
So if you want to invest in Bitcoin, it is better to invest anytime, because from 2010 to 2024, watch Bitcoin's lick because it has always run upward, so there is still enough time to invest in Bitcoin. Because we can find out from these four that it is possible to succeed in investing in Bitcoin.
There is no doubt that the DCA technique is beneficial for everyone. But there is no guarantee that you will be successful if you invest in DCA strategy, if you invest in any other method, you will not be successful. I think the fundamental aspect of being successful in investing is to be long-term and consistent in investing to grow your portfolio. Consistency in investment is what we call DCA. At DCA we have the opportunity to buy anytime, so we don't have to wait for any specific period to start investing.
DCA is most effective as a newbie, as a newbie doesn't have much knowledge about investing. For whom it may not be suitable for him to take any new steps for investment or take any decision depending on his position. When an investor becomes experienced and skilled in investing, he will decide on his own how to manage his investments. He can do DCA depending on his position or decide how he will invest in his freedom. You will be successful in DCA only if you are long term and plan properly with investments. Even being consistent will allow you to accumulate more bitcoins than you think.
It is not right to delay at all to start investing. If you have alternative income or reliable source of income then start investing immediately and start gaining knowledge on how to manage investments. First start investing then start gaining knowledge about Bitcoin.