These threads and people that starts it and JJG that gives suggestion and thoughts about the matter of importance of DCA and other investing techniques are very helpful to those that are just searching on the web and trying to think what they are up to. Without any other source of income, one should start having himself some source before following these good techniques and investing style that have been suggested not just on this thread but also in every other thread that someone can find through the forum.
I agree that it is problematic when anyone gets into bitcoin and they speculate that they are going to generate income through BTC, and surely it tends to take a long time to figure out some techniques that are profitable in trading, and most likely it is way better to build up BTC holdings through investment techniques prior to even trying to trade, yet if someone is trading, then they should limit their trading to ONLY less than 10% of their BTC holdings, and make sure that they are able to generate income from their trading before giving up other sources of income -and truly there are some traders who may well make money on their trading for several years, and then all of a sudden they get blown out of their position, which may end up showing that they really did not know what they were doing, even though they had assessed themself as knowing what they were doing.
If a person spends 4 years or more building his bitcoin holdings, then perhaps he might consider trading or ways that he might earn income off of his bitcoin holdings, yet even that could be problematic if the BTC stash is not of a sufficiently adequate size.
Problematic for the fact that they expect to much with bitcoin, then think about unrealistic gains in short time period. That's why many of those people got blow up their investment because they believe on quick richest schemes without realizing that its hard to make everything sustainable for short time period especially if they invest on volatile asset which hard to predict its next possible movement.
See so many times a trader lose all they have by committing single mistake and to bad for those people if they experience the same since even if they are experience for doing such thing this incident might provably happen to them.
They could find good videos towards this incident in youtube and try to see for their selves about traders who blow their accounts and maybe they learn something. That's why I like the idea about bitcoin holding then do DCA since it always give us less pressure and huge chance to succeed for gaining profits in future.