An investor does not need to know much before investing in Bitcoin. If he has the ability to invest for the long term, especially if he has a prudent income facility, then he can start his investment. Sometimes, spending too much time trying to acquire knowledge can exceed the limits of buying bitcoin. So if someone regularly collects Bitcoins according to his ability by doing DCA and at the same time he acquires knowledge about Bitcoin, then he will not panic. In the future, he will try to collect more Bitcoins. But when an investor tries to learn about Bitcoin without buying it, during that time, if Bitcoin temporarily falls, it can bring a big panic for him. That is why the step of buying Bitcoin should be taken first, after which a better idea about Bitcoin can be obtained.
Those who decide to invest in Bitcoin but wait have minimal idea about investment and I think if an investor has minimal idea about investment then he can start investing with that idea. Yes, most of the time I see new investors saying that they do not understand when to start or they have deposited money to invest in Bitcoin but till now they are not getting that opportunity. If any new investor is reading this discussion of mine then I want to say directly that if you have money, you should start investing in Bitcoin and try to hold this investment for a long time.
We definitely know about DCA investment strategy, so instead of investing all the money at once and dividing that money into several parts, we can maintain the continuity of investment according to DCA investment strategy.
You said one thing here that if the monthly income is good then investors should not delay in starting investment. I would like to add one more thing to you here, that is, only a person with a good income can consistently invest in Bitcoin. This is not the case, but if you want to invest in DCA, a person with a low income can also consistently invest in Bitcoin. The only difference between a high-income person and a low-income person is that a high-income person can invest relatively more money, but a low-income person can invest relatively less money, but these two income people can invest at the same time, and I think this is the big point.
I think anyone who buy this tier coin of a thing you are talking about is actually buying to make profit in a short time ( trading). Why would someone leave Bitcoin that has a promising future even though nothing is guarantee to invest or buy shitcoin because of its movement currently, it shows that these people actually want to trade it but I want these people to know that this coin they are talking about doesn't have one quarter of f Bitcoin potential and they have been off and on, so I consider buying or investing in these coins as waste of Investment as long as Bitcoin is concerned.
If you are an investor, then first you have to think about the safety of your money. Investing in crypto currencies is relatively risky, so for investing in a coin, we have to choose a coin that is safer than all other coins and whose popularity is very high as well as the coin that has survived in the market for a long time. If we want to find all these things in one coin, then that coin must be Bitcoin. Bitcoin has survived in the market for a long time and there have been many changes in the price of Bitcoin from time to time. Not only the increase in price but also the security of this coin, but many countries have directly accepted Bitcoin and one country in America has accepted Bitcoin as a legal document. Not only this, there are more big companies including Tesla, Microsoft, they are constantly making positive comments about Bitcoin.
So we can trust Bitcoin and we can invest here consistently.