Those who panic at the slightest drop in the market are not long-term investors, in the case of Bitcoin investment, it is necessary to maintain your portfolio with a long-term perspective, because Bitcoin is a long-term asset that only brings real success in the long term, so patience and consistency are most important in the case of short-term volatile investments like Bitcoin. Those who invest regularly in the DCA method can definitely achieve good success, because their portfolio continues to accumulate at the average price, so volatility is not a problem for them and it is important to maintain this mentality, a real investor never panics during volatility.
Investors never panic even if the market falls, but there are some new investors who are not very patient, and they feel a lot of volatility. Yes, Bitcoin is always a long-term holding currency from which people can achieve their huge financial success, so it is not an investment for a short time. If you invest in Bitcoin according to a percentage of your fund, and it is done according to the DCA method, then you will not have to face much loss if the market falls. Investing through the DCA method has low risk and high chances of success, that is why it is always best to hold Bitcoin with a long-term plan and patience in Bitcoin.
Exactly, the long-term thinking is the only thing that counts when it comes to Bitcoin. The people panic at each decline and they often lack the big picture. Voltiloity is only a part of the trip and DCA is a great method to iron out the ride. The fluctuations in the price over a period of time do not even bother you much when you invest your money slowly but steadily. With time, history has it that those who wait patiently and stick to their commitment are in most cases better placed. It is not market timing but application of time in the market.