The way some investors are behaving it is obvious that they don't still understand this you said and that is why we have people selling off when the market is going down because of wrong investment. The reason why some investors won't go forward or make progress in their investments is covetousness, some of them are not always contented with what they have even though that is the only thing they can afford at that point in time and anyone who wants to exceed there capability or capacity will definitely learn in the hard way because there is a saying that " you can not be faster than your shadow"
People are investing above their limits and this causes them to panic when the market is experiencing some discomfort. Investing isn't supposed to be fast so you can't be think about't investing today and be expecting to be cashing out tomorrow. I won't say people don't understand this but they're just too greedy to care, they want to make money so fast without giving it time to mature and it's not like when they get the money that they'll be able to manage it well to multiply it further instead they burn the whole money and go back to square one to start hustling again. Your Bitcoin accumulation pool shouldn't be extravagant that you go broke because you'll still get to sell your stash prematurely and that's the biggest problem of Bitcoin investors this days.
In other words people approaching Bitcoin in that manner of expecting a quick profit maximization by investing more than their limits are more like gambling rather than investing because of the emotional trauma, it really requires high level of discipline while struggling with the greed of humans mentality am saying this because alot of us are already aware of the danger of this approach towards Bitcoin investment but still end up going against what they knew is right and reasonable, I will call this negligence which of course has it's own consequences.
Would we judge them as greedy? They are certainly willing to gamble and lose with their ability. But long term Bitcoin investing is not a gamble, it is the fruit of patience and courage.I would applaud and encourage those investors for their bold decisions. They are brave enough to push their limits and are committed to saving for the long term. Some of them may be buying Bitcoin for short term gains. With a trading mindset and they are loser.
You should have the tools to combat greed, including financial capacity (discretionary income) and having emergency funds available. Another thing I look at is that people are focusing on the ease of Bitcoin savings, which is more than enough to push them to the limit and they are more interested in long term investing instead of short term trading by applying the DCA strategy.