And this is why the DCA method is considered the best and most effective method for investing in Bitcoin, an investor should never wait for the right time to start investing in Bitcoin, because he will never find the right time, but as a result he will only miss more opportunities. The right decision is to invest consistently, regardless of the market fluctuations. if you wait for buy a little dip, then you will miss more better opportunities to buy, because you will wait for the price to decrease, but the price will rise even higher, and this is the volatility and uncertainty of Bitcoin, so such decisions should never be made, be consistent in investing without worrying too much about unexpected market fluctuations, then the portfolio will continue to grow in the most advantageous way.
For those who are waiting for the right time to invest in Bitcoin, I just want to know what the right time is for them to invest in Bitcoin, and they will understand that now is the time for them to invest in Bitcoin. As far as I can tell, these investors think that when the market goes down, that time is the best time for them to invest. Yes, as an investor, everyone wants to buy Bitcoin at a relatively low price, but no one has control over the market, the market can go to a better level in the future, and from the current level, the market can dump a little and rise again, so there is no way to understand when we should start investing. We only have to trust the market and start investing with courage, then we have to try to make this investment consistently and hold it for a long time, I think holding Bitcoin for a long time consistently is success for an investor.
Anytime an individual gets to hear about Bitcoin is always the right time to buy. Bitcoin have proven that there is no wrong time to buy provided the investment is to be held and not buy today and hoping to sell the next day, it does not work with Bitcoin and anyone who have this mindset will likely be frustrated by Bitcoin. When an individual hear about Bitcoin, the right thing to do is to quickly check himself to know his discretionary income and start building his Bitcoin portfolio from there.
I will always advice that new investors should learn to use the DCA method since it allow them to start small and grow with time. By the time you start investing like $100 per month and after 6 months you look back and see you have invested $600, this will be a big motivation to up your game because you would have seen that the small money you are investing have the potential of turning into something massive in the future. The DCA method is like a blessing to us who are starting with no inheritance, a rare opportunity for us to make our future and that of our children better through Bitcoin.