In the case of Bitcoin investment, an investor must operate DCA mathod with a certain amount of money according to his own means (according to his income and expenses). only in DCA method helps an investor reduce risk of market fluctuations, move his holdings forward in a stable and consistent manner, which allows him to hold at an average price in the long term, but a investor can't get this benefit is other methods, such as Speculator and just hoping to buy DIPs.
Bitcoin is an independent currency, you can invest here according to your own freedom, and Bitcoin is a long-term potential currency, so it is very important to have the mental strength to maintain your goals in the long term without panicking by investing in Bitcoin.
It should be remembered that Bitcoin is capable of bringing future-changing success to an investor, and if you want to achieve this success, you need to start DCA investing now, and build a Bitcoin investment portfolio. The more portfolio an investor builds, He can profitable more.
Preparing cold money and doing DCA on bitcoin is indeed a more practical alternative way to become a long-term investor in bitcoin. But it is true, that mentality still needs to be prepared even if we invest in bitcoin using the DCA method. Because it cannot be denied that a weak mentality tends to thwart the plans we have built. For example, someone invests in bitcoin using the DCA method, that person accumulates very regularly every week. But at one time bitcoin experienced a decline in price, and the person panicked and was afraid that bitcoin would continue to fall in price. Then because of his weak mentality and lack of knowledge, this person finally sold the bitcoins he had collected, because he was afraid that the price of bitcoin would fall further.
Then the second example, this second example is the opposite of the first example
In the first example, the person sold the bitcoin he owned because he was afraid of the price falling. But in this second example, the person sold bitcoin because he forgot his initial plan and sold his bitcoin when the price increased. Therefore, if we look at these two examples, it is clear that a strong mentality is also needed to make our investment in Bitcoin successful. Because as I demonstrated above, a weak mentality can disrupt our investment plans in all conditions. Therefore, building a strong mentality is also very important when we enter the realm of bitcoin investment.