Not investing in bitcoin even after having the knowledge is sometimes demoralising after realising that the price has left where you met it. Procrastination is a thief of time and works perfectly well in the midst of excuses.
I have always known about bitcoin for long now but didn't know how it worked neither did I get interested in knowing how it works. I got keenly interested in bitcoin in investment last year June when bitcoin was less than 63k when a friend tutored me on how it works. I became excited and wanted to try. But learning the knowledge of bitcoin from a trader is a very big setback on long term investment. I only learned that you can buy and after a while when the price changes to something above your cost price you could sell.
Everything was right but I didn't get to learn that there was more to bitcoin than trading. I sold of the little I had immediately bitcoin rose to above 70k and became skeptical about buying again. Within few months bitcoin crossed the 100k ATH and that was when I realised I learned the wrong way.
Buying bitcoin is not really an issue, but being disciplined not to sell it off in a little provocation. Now, we buy and buy more because I have come to realise that bitcoin is closely a one way project, always on the rise. Learning about bitcoin from a trader is one of the worst hurdle anyone can have in the area of bitcoin investment.
Yes, you won't get the right idea about Bitcoin from a trader. The trader buys bitcoins and sells them at some profit. So if you go to a trader to get ideas about Bitcoin then he will give you ideas about trading. When you invested, if you could have held until now, you could have been in good profit now. Bitcoin will grow in popularity day by day and Bitcoin price will continue to rise in the future. Since you realized you were wrong, you continue to invest in Bitcoin again and hold long term. So you can follow DCA method, which is the best method to invest in Bitcoin.
Both do it for profit in the end.
They just stabilize risk / time differently.
Think of having an investment that you can build, grow and maintain it even at old age. There is nothing like the joy of a bitcoin investor who has worked hard during his young days and invest in bitcoin to watch how big his portfolio is when he is old. It shows that he was responsible enough to invest with the funds he was earning when he was working because he cares for his future.
Traders are like those people who had the opportunity to invest in a lifetime investment like bitcoin but decided to gamble with their money because they don't have the vision of what bitcoin will become in future. They will have nothing to show for all their effort and hard work they have done during their young age and the time they have spent playing around with trading and losing their bitcoin due to the mindset of quick profit.
This is why I choose investing for a long term in bitcoin than trading because it is the wisest and best decision for a discipline person who don't want all his effort of making money go in vain, because he has seen the power in bitcoin. There is no excuse for anyone who is a trader of not having a good size of bitcoin in future because he caused it for himself.