Those who have been investing for 5 years can be called new investors in many cases because their portfolio depends on it. For example, consistency is very important in investing. And it is very necessary for a new investor to start investing. If a person knows what Bitcoin is and through which method it can be invested, be it DCA or DIP and if there is a discretionary income, then it is never right for a person to wait to invest. Because many people think that investing requires a lot of expertise or a lot of knowledge. Along with investing, you can achieve everything. If you do not invest, how will you gain experience. And a person has to be patient.
Having a little knowledge is definitely important in investing. In the case of Bitcoin, although the amount of knowledge is very small, there is no big problem in investing, but you have to have a little knowledge, otherwise it becomes difficult for him to hold Bitcoin.
For example - Mr. A only knows about Bitcoin and has no idea about its behavior and market. He invested in Bitcoin, suddenly he saw that the price of Bitcoin is falling. Then he will not be able to hold himself mentally. He may sell his Bitcoin. Again, if the price increases, then the short-term profit can tempt him to sell Bitcoin.
But if someone has a complete understanding of Bitcoin and is aware of the market, then all these parameters of price decrease and increase do not affect him that much. They invest constantly in the DCA method and later they are successful.