Those who hesitate to invest in Bitcoin often lack the determination and don’t have confidence in the potentials of the asset (Bitcoin). The fear in them prevents them from seeing the long term potential of investment like bitcoin, especially when they focus too much on short-term fluctuations instead of the overall trend of bitcoin. There's no need to fear, that investing in bitcoin won't be successful, instead focus on the opportunity rather than fear of missing out. If you are earning or have a source of income with the right strategies, a long-term perspective and being consistent it can definitely yield positive result. Investing in Bitcoin require a certain level of commitment and confidence in the asset potentials.
The main reason for hesitation in investing in Bitcoin is lack of knowledge or ignorance about investment. If a person does not have the basic knowledge required to invest in Bitcoin, then he will definitely be afraid of investing in Bitcoin. We must know that subject to have confidence in something. We should inform people who are ignorant or have little knowledge about Bitcoin about Bitcoin and if someone is negative about Bitcoin, then we should try to remove their misconceptions. In order to reduce the popularity or fear of investing in Bitcoin or to make it trustworthy for everyone, our society should be made suitable for investing in Bitcoin. Generally, Bitcoin is viewed negatively in our society, which is why many people hesitate or do not trust investing in Bitcoin.
Through this summer, we can know Bitcoin deeply or gain all the knowledge about Bitcoin. A newcomer should not be afraid of Bitcoin at all. If you want to invest in Bitcoin for the long term, then you should not be afraid of your money at all, because Bitcoin will never disappoint in the long term. If you can master and apply all the strategies to survive in the long term, then you will be successful in holding your investment in the long term. No matter what strategy you adopt from your position for investing, you must plan for the long term. However, I would prefer DCA as an investment strategy.