I guess that I can excuse their lack of proper knowledge.about the best option for crypto investment
Don't you think you will still get them more confused by using the word Crypto as a newbie they might go astray by investing into the wrong coin thinking it is Bitcoin it could have been proper you say Bitcoin investment rather than crypto investment.
And I dont think it is much necessary to get all proper knowledge about the best option for Bitcoin investment before investing into Bitcoin and I don't think there is any best option as your options might not be some else options every investor has option that works for them.
Some people succeed in there Bitcoin investment and some didn't and those that didn't succeed there are people inside that failed because of wrong approach.
As long as bitcoin investment is concerned, there is no wrong strategy for accumulating bitcoin for long-term profit. Even though you use the lump sum strategy, the DCA strategy, and buying the dip strategy, you will not fail in your bitcoin investment. The main reason why we always advise newbies to make use of the DCA strategy is that not every investor has enough money to lump sum, and buying the dip strategy will delay newbies accumulation journey because they are not certain if a dip will happen today or tomorrow, but with the DCA strategy they are open to consistently accumulate bitcoin either on a monthly or weekly basis even if bitcoin is increasing or decreasing, which will be more effective to them than buying the dip. The thing that can make you fail in your bitcoin investment is when you invest all your money in bitcoin and fail to make provisions for your emergency funds with the idea of getting rich soon.
What I was talking about is wrong approach to Bitcoin investment and not wrong Bitcoin investment strategy, now about the wrong approach I was talking about there are some set of people who really don't have much money to buy enough Bitcoin when ever there's a dip but they keep waiting for a dip to happen and when it those they buy only small amount of Bitcoin and maybe they have waited for a very long time, this is a bad approach why not use the DCA strategy and stop waiting for a dip.
There is some set of people who invest more they are supposed to invest for example they only don't use there discretionary income they also use money meant for taxes and other and necessities to invest in Bitcoin which is also a wrong approach and may make you fail in your Bitcoin investment.
Some newbies who are still new in Bitcoin investment
with zero knowledge about Bitcoin investment decides to go into trading are will going to call it a good approach to Bitcoin investment certainly no, what they should be doing is accumulating and holding to avoid losing money.
There are a lot of wrong approach that may cause someone to fail in his or her Bitcoin investment journey.