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And you’re right, many of them get burnt but they never for once learn from that experience neither do they even get wiser for it. They just keep on repeating the same cliched dialogues and fake statistics, as if they are trying to convince themselves more than anyone else. It is like, bro, if you want to trade the market, do it right with a proper plan and strategy, and don’t get lost in all the buzz!

It's funny and stupid at the same time that they don't learn, they've this strong conviction from hell that they would find a better strategy to get profitable. Trading deals with them from both ends, they rarely can focus on any other things apart from monitoring charts as against investors that go about their other sources of income, make money and return to purchase when time is due. The employed ones amongst them sometimes perform badly at work. I've worked with a guy who focuses on his trades and gives less attention to his accounting duties, even if he's working, he's absent minded either thinking about the trades he opened, or suffering a burnout from some loses, finally, his records were laced with lots of errors, got laid off and arrested for missing funds.

From there and a few experiences myself, I learned that there are more troubles in trading much more than investing into Bitcoin and honestly, it's easier to be an investor than a trader.

This is where it is important to manage emotions or mentality when entering the realm of crypto or bitcoin. Because if we can't control our emotions well, we will definitely end up feeling greedy and wanting to make quick profits. So if you fall into this, it is certain that everything you do will end up not being good. So this is where it is important to think realistically and not get carried away by the news that is spreading, such as news about people who have become rich from trading crypto. Because this is very dangerous if we fall into it.

Because in my personal opinion, trading in crypto or bitcoin has a huge positive side if we carry it out with sound knowledge and good emotional control. But the mistake is, many people are trapped by the news, and think that trading in crypto or bitcoin is an easy thing. However, in reality it is not that easy. So what's wrong is not trading or investing, or even crypto assets. But what is wrong is the person who carries it out without proper understanding.

Talking about the bold words, do we need to manage our emotions as investors? No, managing emotions are for traders not investors like us.
As a Bitcoin investor, your job is to buy and hold, the secondary aspect is to having a good source of income and an emergency funds to sustain you during the emergencies, you have no business being emotional while holding your Bitcoin.
It is only traders that get f**k up time and time again because they think that they can outsmart the market not knowing that it is very and extremely difficult to succeed as a trader, unlike investing in Bitcoin that anyone can invest and be successful in it, if he is a long term holder and he has a source of income and an emergency funds kept aside in case of any emergencies arise in the future.

You are misunderstanding the first thing that is needed before venturing into bitcoin investment which is an income and a discretionary income. I feel this is the primary thing because it's from your discretionary income that you will use to start your bitcoin investment and also for growing your bitcoin portfolio overtime with DCA buying strategy. It's also your discretionary income that you will use to build your emergency funds and that's why I feel that you can get started right away when you have your discretionary income and invest with one regular every week and use the other part to grow your emergency funds for at least three months.

If you don't have a discretionary income, and buy bitcoin with funds that is not your extra funds, you will end up selling your bitcoin quickly and I see that as gambling because you must get burned.

I agree with you and would like to say that the idea is very reasonable and realistic. For an investor, a system of discretionary income is very important. And for this, we need to know about discretionary income. And discretionary income is the money that a person has in his hands after fulfilling his basic needs. A person may suddenly face danger. In that case, he may need his money at any time. Then that person should not have to sell his Bitcoin in a hurry. That is, I mean that investing in Bitcoin should not be a barrier to monthly expenses. Then that person will never be able to master the strategy of investing in Bitcoin. Here I will not talk about making such a big investment that a person will face serious problems. I will tell him that if someone's monthly income is Rs. 20000, then it is necessary to continue with Rs. 10000 per month and I will encourage him to deposit Bitcoin using DCA strategy at Rs. 7000 and with this, I will request that person to keep the remaining Rs. 3000 in his emergency fund. In this way, a person can reach his desired goal.

Before you advise people on how much money they should invest in bitcoin, you have to know what their monthly expenses are so that you will not lure them into investing in bitcoin in such a way that they wouldn't be able to sort out their daily expenses all the time, which might throw them off the game partially or permanently. The advice you showed above is an aggressive investment, and if any investor invests in bitcoin according to your advice, that investor is already in a problem because he or she is using 50% of his or her monthly income for bitcoin investment, and bitcoin investment is not supposed to be done in that way because it will give the investor no choice but to always struggle to solve his or her daily expenses when they arise. When you receive your monthly income, bitcoin investment is best done when you have successfully solved your monthly expenses so that you will know how much money you are left with, which will allow you to know how much money you will use to accumulate bitcoin on a monthly basis so that you will always be in control of bitcoin investment and hold it for the long term.