Investors certainly target profits in investing, so it's no wonder that we see them managing purchases quite well by using the DCA strategy. Indeed, many of us see at a glance that bitcoin investment is a very easy investment because we only need to buy and hold, but if there is no good stance I think many mistakes can be made.
When we start something, we need a strong stance to achieve success by making a profit. The long road certainly has many obstacles, of course we need a lot of preparation, including managing time well and allocating a budget to buy bitcoin.
If we look at the price of bitcoin, where in early 2025 bitcoin reached its highest peak, of course we see a lot of interest from novice investors who continue to buy bitcoin, and today we see the price correcting again which creates an opportunity to continue to accumulate bitcoin at a low price.
It may seem as though holding Bitcoin for a longer period is not easy but when an investor is determined and invest on Bitcoin the rightful way then everything would become less difficult, Bitcoin investment is something that involves the future therefore an investor who is serious about it would have to be patient, discipline and even start with the right strategy that would make it very easy and we all that agree that the DCA is the most preferable strategy for a newbie to start with. Many investors have missed out on buying Bitcoin at a cheaper rate cause the price was very costly back then but along the line when the price increased they saw the need to buy and regret not buying earlier, that's same thing that would happen to people are still in doubt or confused concerning the price of Bitcoin. Correction is something that's bound to happen when it comes to Bitcoin, that has been proven overtime but it would be a wrong approach to wait before the price drops before buying bitcoin and that's why the DCA is very important cause its not affected by volatility.
That's very correct, and of course our determination is what matters because anyone whose mind is well made up to go into bitcoin investment will not find it difficult to HODL his/her bitcoin in the long run. I guess you know the feeling when You're ready to go into something very profiting, you will just do it willingly without paying attention to anything, reason is because you wouldn't want anything that will hinder you from achieving that which you desired to get in the future.
However, the DCA method even make things very easier for everyone because even if you don't have a job so far as you have a source of getting money and you have the strong determination to invest in bitcoin, definitely you can still accumulate bitcoin using the DCA method and also with a certain amount, no matter how small it is. So far as one is consistant in making the accumulation, Before the next one year I can assure you that by then you most have make a large portfolio.