Yes, most people are greedy, and they go to invest in Shitcoin to make a quick profit, but most people lose their money there, very few people can make a big profit from Shitcoin. There is a lot of difference between investing in Sheetcoin and Bitcoin, you will never lose your money if you invest in Bitcoin, but unlike Shitcoin, you will have to lose money.
You will never lose money by investing in Bitcoin, but if you can hold it for a long time, you will get a good amount of profit from it. It is possible to achieve success by investing in Bitcoin, but many times in the market crash, many people lose a lot of their money from Bitcoin. In that case, I think that if you want to invest in Bitcoin, you must analyze the market first and plan to invest in it for a long time.
Talking about the bold words in your statement, I think that this has already been overemphasize already, you don't need to analyze the market before making a purchase of Bitcoin, especially when you are a low coiner, or you are seriously lagging behind in your accumulation journey, it's a terrible mistake analyzing the market before buying because you can't outsmart the market, analysing the market are for traders not investors like us, because as Investors that we are, we are only looking at the bigger picture which is holding for a very long period of time and how much it might get up to in the future, so is their any point analysing the market when it's still very cheap now comparing to how much it might get up to in the future?
Don't you know that by analysing and waiting for the price to drop before making a purchase you might miss a whole lot of buying opportunities, So the best thing to do is to buy and increase your stash as much as possible once your discretionary income is available, because their is no better time to invest in Bitcoin than now, not tomorrow or next tomorrow.
In addition to what you've said, analyzing the market is subject to unnecessary time wastage, most bitcoin speculators would've really had a considerate quantity of bitcoin in their portfolio if not for their attitude of over-analyzing the market and failing to take action and start purchasing bitcoin for themselves. Also it is a waste of mental energy since you would have to spend a lot of time timing and analyzing the market instead of just buying and moving on to other responsibilities.
You should also know that the more you analyze the market and the longer it takes for you to start accumulating bitcoin, you are subject to decision fatigue and there is a possibility of fear setting in and you may end up still a nocoiner. DCA removes that fear from investors by buying consistently regardless of the price, your discipline and less concentration on the noise from the markets helps you eradicate such emotional stress and helps you expand your portfolio while remaining committed to your investment. it is important to note that a length of time spent in the market is worth more than such time spent timing or analyzing the market.