I don't have much knowledge about Bitcoin, I just have basic idea of Bitcoin. And I haven't started bitcoin investment yet, but I have plans to invest in bitcoin in the future, and I will hold my investment for a long time. With the rate at which Bitcoin has risen today, it seems like I missed a good opportunity. If I had started investing 1 week earlier, I would have already made a good amount of profit. However now the price of Bitcoin is very high, so I am waiting for a dumping, when I get a good dumping I will start investing.
It seems you are going to be starting your bitcoin investment journey with a quick-profit and trader mindset, Investing into bitcoin is a good decision, but the mindset with which you approach it can make it profitable or render it useless. If you have in mind to be profit conscious in your accumulation journey, then I doubt you can actually hold for long. I get it that newbies like you tend to get swayed by the moment, but I think you should know that the moment is not as important as the profitable future in bitcoin investment, the focus should be on the accumulation quantity and not the quick-profits that are obtainable.
I would also mention that you should invest into bitcoin with your discretionary income only(money you do not need currently, more like your idle funds) and if you don't have such at the moment, work on improving your finances in order to make those funds available periodically for your DCA accumulation journey, you also need to build your emergency funds over time, so that in case of emergencies(hospital bills, accidents or other unforeseen circumstances) you can service it with your emergency funds rather than targeting the quick profits in your investment if there is actually any at the moment. Before you start your accumulation journey, have an accumulation target in mind and discipline yourself not to tamper with your bitcoin holdings until you arrive at your target and/or reach the long-term holding target preferably 4 -10 years of more in accordance with your hodling plan.