But I think a new investor who is coming from other areas like stock or real estate might not have that much confidence in Bitcoin like a person who has sent some time in Bitcoin. He will take his time before he fully understand the benefits of investing only in Bitcoin.
For sure, a person who already has other investments will come to bitcoin differently than someone who is new to investing and does not have any other investments.
A person coming to bitcoin with other investments might choose to just add bitcoin to their investment portfolio or they might choose to reallocate out of their other investments into bitcoin.
There are many investors who have billions of USD in there bank accounts but are not coming to Bitcoins while there are many who came directly to bitcoin and now have wealth in extraordinary amount.
Those who know about Bitcoin will definitely try to increase their Bitcoin holdings as early as possible. In terms of investing in Bitcoin, it is not only about having money, an investor or holder also has to have a good idea about Bitcoin investment.
There are many people who have money but have not been able to invest or have failed to buy from the dip. Only having money does not allow a person to find the right investment platform for his money. Finding the right investment platform before investing is also a very important task.
Bitcoin is an easiest and good medium for long-term investment. If those who are interested in investing in Bitcoin after having a little idea about the risks and long-term returns, there will have big opportunity from their investment.
Bitcoin investment must not be for everybody, it is for those who has recognized the potential that Bitcoin holds and decides to become a beneficiary and on the contrary, it is very important that every beginner prioritize buying at any price points other than focusing on emphasising about buying the dip, perhaps making purchase with the dca strategy is another opportunity of making some buying on dips by buying on different price points on different intervals either weekly or monthly.