What are ways that can cripple a made up mind about buying and holding Bitcoin for a long term? And also, what challenges have you faced that tried to ruin your DCA mindset?
DCA is only a strategy that can be used by different people in different ways and it will result in very different results. There is no strategy that can guarantee profit and eliminate risk of loss, and practically depends on each personal approach with DCA strategy as well as other things related to investment capital and management, financial management in general, and other things beyond investment and finance, people will have different mindset with DCA that decides how they apply DCA strategy.
People who apply it well and get good profit will see DCA as a good strategy while the others with bad practice will have loss and personally feel DCA as a bad strategy. I can say DCA is a very good investment strategy for long term investors and who failed when using DCA must analyze what they did to have loss with DCA.
