Only invest with the amount of money that you can afford to lose.
What are your thoughts on this
This is not just for newbies, not every investor should invest more money than they can afford to lose. However, before investing in Bitcoin, you need to get a proper idea about Bitcoin. Bitcoin is risky, no one can guarantee 100% profit here, so we have to consider all aspects and decide. Investing in Bitcoin must plan to hold on for the long term. Now investing more money than you can afford to lose will make it very difficult to hold the investment for a long time. If an investor invests the money he can lose from his income in the DCA system on a monthly or weekly basis, he will not be financially affected and will be able to hold the investment for a long time. Investing in Bitcoin cannot make quick profits, so we should not try to buy Bitcoin aggressively in the hope of quick profits. Invest in Bitcoin and hold on for the long term.