At the same time, beginners should develop strategies so that they can implement strategies for long term investment. They can take advice from experienced investors as well as create their own statistical base so they will have the opportunity to analyze and implement the market comprehensively. Not only in the case of investment also in every case applying their own perspective and taking advice from experts is a means of applying the elements that are considered right for you.
If someone has an adequate supply of emergency funds and a system of discretionary income and if he is a new investor then he should consider what kind of strategy he should apply.
If someone does not have a supply of emergency funds but has discretionary income then they should invest in a different strategy.
In each case, the type of investor and economic situation will be different so the solution strategy should be applied by considering the solution way separately.
Your any financial situation if you have a supply of discretionary income Bitcoin accumulation in the DCA method is considered ideal in any price situation.
Beginners don't have to overdo just to build a portfolio, after learning the basics and understanding it the first strategy that should come into any beginners minds is the DCA, that's the best strategy that would keep their portfolio going smoothly for long period, along the line they can choose to be aggressive with how they accumulate, another thing every beginner should note is that they should invest according to their income.
Yes, experience they say is the best teacher, leaning from an experience investor shows that a beginner is ready to acknowledge possible challenges he could encounter and get prepared on how to tackle it. I've seen people get confused about the emergency funds, reserve and discretionary, a beginner should know the rightful one to channel into Bitcoin investment which is the discretionary funds.