For beginners who consider the profitable side of investing in Bitcoin because they know about a history that is not uncommon to know, considering the profitable side of Bitcoin, they also want to invest in Bitcoin for the future, but if they pour a lot of money at once and face a dumping of the price of Bitcoin, they may panic and sell Bitcoin out of fear, which will harm them financially, but as an easy way for them, you can overcome that fear by investing slowly using the DCA strategy,
If you understand bitcoin really, then even if you pour all your money into bitcoin at once, and bitcoin price dumps, then they won’t panic. If you go in all into bitcoin, and you notice that their is a dump in bitcoin price, then you should know that as long as you can hold, then bitcoin price is going to bounce back. If you check bitcoin price history, then you should know that no matter how low bitcoin price goes, it’s going to bounce back even if it’s going to take time, so if you are investing, always have it in mind to hold for long term, and you don’t have to panic about anything.
People who panic when the price is going down are mostly those who don't understands Bitcoin be the person do he or she with not panic when see the price of Bitcoin is going down although it is a normal thing to panic but for those who don’t have a strong mind or believe in Bitcoin, Bitcoin is an unpredictable investment that you don’t know when the price will rise or fall and no matter how long it is the price will still rise, what we should understand is that the price of Bitcoin now is not what it is before when it was introduced, as an investor who has made up his mind to invest in Bitcoin should always think positive about what he is holding.
One thing that makes some people thinking negatively about Bitcoin is because they have a trust issue or they are facing a financial problems, investing in Bitcoin is not a big deal but make sure you have a emergency funds which can help you in your journey of long term investment when you have any financial problems to solve, emergency funds will not make you think negatively about Bitcoin or decide to sell the Bitcoin you have decided to hold for a long time.