At first before going into bitcoin investment you have to be prepared for any thing and same time try to make best of it too, by having a nice bitcoin stash , accumulating as much as you can as the price is cheaper now . While bother yourself with price movement while you haven’t gotten anywhere with your accumulation, and you won’t be able to secure a better return if you don’t have enough bitcoin stash .
The issue most people are having is that they are taken bitcoin investment as trading , buying when the price low and selling when the price thinking they can benefit more with such means which is wrong Aslong is bitcoin the best thing to do is focus on long term in that way you be able to have enough time to build something beautiful in it .
In essence, many Bitcoin investors are impatient with the investment process. That is why many of them end up becoming Bitcoin traders and no longer long-term investors. That is where our thinking and intentions must be fixed first before starting to invest in bitcoin. Because if for example we are too hasty in investing in bitcoin and do not learn anything about bitcoin, I think people like that have great potential to be able to change course to become traders. So even though many people think that when investing in bitcoin there is no need to learn first, on the pretext that it can be learned while walking, I think that is not right. Because the risk is quite large and it has the potential to turn an investor into a trader.
Because of the benefits that can be obtained by investors who learn bitcoin first before investing. Of course, these investors already know that the current price of bitcoin is still cheap. So with that, I think these people will not hesitate to do DCA and buy bitcoin now at any price. Unlike investors who do not learn bitcoin first, not a few of them think that the current price of bitcoin is already expensive. This is all because they do not learn first and immediately invest in bitcoin. That is why knowledge is very important in investing in bitcoin. Because it will be useful to strengthen our mentality and belief in holding bitcoin.