Real success in Bitcoin comes from consistently accumulating Bitcoin. For those who have not started investing yet, or are waiting for the price to drop to invest, I would like to say that you are wrong, because this is not the principle of Bitcoin, the main principle of Bitcoin is to consistently buy Bitcoin through DCA. The DCA strategy is a proven way to build capital in the long term, through which an investor has the highest potential to profit from it compared to other strategies. Therefore, when collecting Bitcoin, do not give any priority to price volatility, just keep the mindset of buying regularly, and it is essential to prepare the things that are needed to protect your investment in the long term, that is, a stable income, necessary funds. Because if these are not there, the negative impact on your investment can be very severe.
The two things a Bitcoin investor needs to have in mind when investing in Bitcoin is
how to accumulate a good stash of Bitcoin, the strategy that best suit his income and
what and what that is needed to protects his holdings on the longer run, if you can accumulate consistently with the dca accumulating strategy and you have an emergency and reserve funds in place that is huge enough to withstand any emergency situation, their is a higher probability that you will successful in your investment if you can get these two aspect right.
You are right before starting any investment the person ought to have draft and map out how he or she wants there investment to be and at same time taking cognizance of the possible factors that can affect them while carrying out there investment. Anyone who rush into Bitcoin investment without all these thought maybe because they saw there friend or a relative doing it, the person will definitely not finish well ( unforseen circumstances will cut them up along the process). DCA is the best strategy yes but an investor will be the one to make it best for them by keeping are the necessary requirements and by following the process well.