Before investing or short-term investing, first gain complete knowledge so that you can make your own decisions. I think having complete knowledge about Bitcoin will make you patient.
Knowledge is very important in Bitcoin investment, but the truth is that no one can gain complete knowledge of Bitcoin. Even someone who has been in Bitcoin for a long time doesn’t know everything about it.the best way for someone to start Bitcoin investment is by taking the first step, and in the process of accumulating Bitcoin, they will gradually learn more about it. There’s no need to learn everything about Bitcoin investment before starting. All someone needs is a basic understanding of Bitcoin.
There are people who have accumulated significant amounts of Bitcoin over time. When they started, they just learn how to buy without knowing anything more about. Later, they even more qnd learned the difference between non-custodial and custodial wallets.All you need is the mindset that you want to invest in Bitcoin, hold it for the long run, and with even with mindset that you have that you want invest in Bitcoin and hold for long term it can make you overcome some challenges.
Also in as much as Bitcoin bases knowledge is concern, before chosing, which investment you would want to go into either Trading or accumulation.
It is important to learn more as possible about the reason of Bitcoin strategies of accumulating, mainly for the low earners using the DCA to accumulate faster and freely and how it works, so that you will understand it more better and you will be able to chose which investment you prefer, because it's obvious that those investor that are going for short-term investment really don't have the full understanding of accumulating for a long-term, if not they wouldn't have gone into it, also the worth and how much value will Bitcoin be,from when they start accumulating to ten years time.
We are all here to learn and gather knowledge about bitcoin and no knowledge about bitcoin is a waste as it can be profitable to us in the long run especially if we can utilize it properly.
I stand to correct you that trading is not an investment as traders that buys and sells Bitcoin for minimal/cheap gains are not investors. Investors in bitcoin are not traders but Long terms holders that buys bitcoin consistently using any accumulation strategy of there choice that best work for them and Hodl for the longer term .
Furthermore I also stand to correct you that DCA strategy is not mainly only for low income earners,I believe this is not the first time such wrong perspective about the use of DCA strategy by low income earners have been corrected in this thread or is it that you find it difficult to accept the truth or you just don't want to learned.
DCA strategy is the best strategy and the most preferred used strategy so far,it's a strategy that can be used by both low and high income Earners. Infact with DCA strategy, you can start buying/ accumulating Bitcoin using your discretional income regardless of the current price of bitcoin,while also making arrangements for your emergency funds and to Hodl for a long term.