The reason why most investors fail is that they make risky decisions hoping for big profits overnight, they invest for short-term gains, and this is their biggest mistake, because the hope of short-term gains is not the point of investment, it is trading.
Investors should invest in DCA for the long term, such as investing at least targeting 200-WMA, and continuing to invest more if they can. However, 200-WMA should be the minimum target. Bitcoin investment requires consistency, not being overly emotional about the market, and keeping investments regular for long-term goals. Those who are patient herem, they will be able to keep their investments for the long term, and they will definitely be successful.
If we cannot say what time frame someone else will set for investing, we can at least say that every investor should invest in a long-term plan. However, in reality, long-term investment is as simple as we can say, but actually investing in a long-term plan is relatively difficult. If an investor is not very serious about his investment and if he does not have a solid plan in mind for investment, then it is actually difficult for him to invest in a long-term plan. I know that some financial problems arise in every person's life from time to time, but those who are real investors, no matter how much their financial problems show after investing, they do not sell their investment, but even though they struggle at that time, they get themselves out of that danger.
Many people may think that if I do not have a lot of income opportunities, then how much will my capital be by investing that small amount gradually?
I would like to tell those who have such thoughts, suppose you start investing with a part of your income and the amount of money you invest every week is relatively small, but if you can invest that amount continuously for five to six years, then calculate how much your total capital will be. I think if you can invest like this, at some point the capital will be in a very good position and you will also get a good profit from that capital because the price of Bitcoin will change a lot in these five to six years and I hope that change will definitely be positive.
So finally I would like to say, be serious about investing in Bitcoin and have faith in Bitcoin, I hope you will smile with success.
Some people are waiting until their income increases to some certain high amounts before they can start DCA method to accumulate Bitcoin. This mindset is not correct, I always tell fellow investors that we're not in competition with anybody in Bitcoin accumulation, start as you can and increase the DCA when your income increases. Some newbies can become overwhelmed when they hear about the price of 1 Bitcoin today especially if they're not high income earners, they can be discouraged to get in. This is where proper knowledge about Bitcoin is important before getting into the investment, not necessary to know all the technical aspects but understanding the basic knowledge is very important for starters. Knowing that Bitcoin is a volatile asset and that you you can start to buy in sats is important for newcomers.
Have a long term investment goal in Bitcoin and you will not bother about short term speculations that can make you to panic and sell during dip. Bitcoin investment is not complex, very easy to start, no paper work needed except perhaps keeping your seed phrase in secured locations.