You sound so confusing because at the beginning of your post, you said that anyone who patiently invests in bitcoin with the DCA strategy will be successful, and at the end of your post, you said that only those investors who can buy the dip will be successful, which simply means that you don't really know how bitcoin investment works. Buying a dip is good, but it doesn't guarantee success in bitcoin investment, and no strategy guarantees success in bitcoin investment. For you to be successful in bitcoin investment, it solely depends on how you invest in bitcoin because you can't be investing in bitcoin with the DCA strategy in such a way that you will be struggling to sort out your daily expenses and expect to be successful in bitcoin.
Generally no investment strategy is guarantee to make our investment successful but it is good that we put in some good investments practices which i see is the general point of our conversations in light of all that we have been discussing here, and that is the reason why any investor should only follow up his or her investment within his or her general circumstances and goals and not just as a must of doing what others are doing, all approaches must be tailor down to suit you as investors while hoping for the better future, we have to prepare for the worst that may or may not happen.
Left for me, being successful in bitcoin investment is not about the strategy an investor use or how much the person invested with and overtime, being a successful investor, to me is how patient an investor can be, patience is the only guarantee that one's investment or goals towards their investment could be achieved
I might have to disagree with you on this, and there are several reasons why I find your thought process a bit untrue.
Firstly, the strategy one adopts in bitcoin investment matters a lot, and also, how much an investor uses in investing matters. understand that the strategy one adopts helps one to stay patient for the long term and to invest in a manner that suites his income. the amount one invests is what also determines how profitable one will be, relative to whatever the price of bitcoin ends up getting to at the time the investor might have reached his investment goal.
To make it simple, the variables that make up a successful investment parameter, if taken in order of importance, can even follow the order of
How much one invest, the strategy one uses in investing and how long one invests (which is a function of the patience of the investor you are talking of). If you are just being patient with an $100 or $500 worth of bitcoin, will you be as successful as another that considers that the amount he invests matters also and works on using the best investment method that will lead to a more robust portfolio? If you don't use a method that allows you to make proper provision for an emergency fund, when issues come up, your investment might be endangered. Being patient with one's investment is certainly good, but it takes more than that to be a successful Bitcoin investor.