A person who buys and sells on the short-term price movement is never an investor, but a trader. If a person decides to sell Bitcoin before the expiry of the period, seeing the price increase, then it is not a right decision at all. Always hold it for the long term and when your investment period ends, you can decide to sell. But it is not a right decision for a person to sell his entire holding.

If a person faces some kind of emergency while starting investment and if he is not able to find a source of discretionary income, then it will never be a right decision for him to start investing. A person should first determine his financial security and only then can he start investing. It is never a right decision to start investing without determining financial security.

It is not a good decision for long term investors to sell or take profits from there bitcoin investment when the are still accumulating bitcoin. At that stage they are supposed to focus on continuous accumulation of bitcoin because this is the only way they can be able to build a good bitcoin holdings. However, there are times or situations that an investor may find themselves that they will be left with no other options but to sell or take profits from there bitcoin investment especially when they don't have an emergency funds or the money they set aside as there emergency funds can't be able to solve the situation they are facing. So under such situations if they decide to take profits from there bitcoin investment it won't be a bad decision. Hence to avoid such , investor should always set up a good backup funds that can be able to cover up all their expenses during emergency.

The DCA strategy is a very good strategy for new investors to start with, there is no pressure to predict when the market will rise or fall and it is possible to start investing very well without worrying about the price. In the case of Bitcoin investment, we never get a guarantee of profit, this is not possible in anything, be it any type of investment, in any case, the profit is not guaranteed, there is risk in everything and Bitcoin is no different. And this is why no matter which strategy we use, we never get a 100% guarantee of profit from the investment, and we have to maintain an investment keeping this in mind. Where there is a possibility of profit, there is also risk, and this risk has to be accepted.

Taking loan to invest in bitcoin makes a person to become a bitcoin gambling consciously or unconsciously. It is a bad practice among some bitcoin investors which has made many people to lose their bitcoin in part or complete due to loan repayment. If a bitcoin investor is disciplined, he won't take loan to invest or, even if he intends taking loan to invest in bitcoin, he would have planned out a completely different alternative for the loan repayment in order to ease the pressure off his bitcoin. It's all bad practice, he still has a wrong approach because if he succeeds in repaying the first loan from a different source, he may want to take another one and invest again and it goes on and on until when he will shockingly lose. Bitcoin investment is to be done with money you can lose, so if you invest with a borrowed money, you have already failed.

Again, a person does not have to be very financially secured before investing in bitcoin because anyone can own bitcoin no matter how much he earns. He can adjust his weekly expenses and figure out a little money he can consider to be his discretionary income and he will invest it in bitcoin. This does not mean financial security, it's more of willingness to own a bitcoin.

No matter how easy or interest free the loan can be, you will be under pressure, and when it comes to Bitcoin investment, you don’t expect to sell your Bitcoin to pay your loan since you are to hold for long, therefore, there is no need to rush to invest if you don’t have money right now, it is better to hustle to earn money before you should consider investing in Bitcoin. There is no need for FOMO in Bitcoin investment, once you have enough sources of income, invest in Bitcoin, if you borrow money, you will be thinking of paying back, and if you don’t have another means of paying back, you will be forced to sell.

Waiting to be rich before investing in Bitcoin simply means you don’t want to invest in Bitcoin, if you have source of income, the best thing is to set aside some money to be investing in Bitcoin, that will be easier.

Taking out a loan to fund an investment is not a strategic move, as it creates pressure regarding monthly installment payments. Bitcoin prices are highly volatile, so one cannot rely on profits to cover the loan's monthly costs. Even if you have a steady job, borrowing money to invest is not a smart strategy. Bitcoin investment should be funded by money earned from your job even small amounts, when invested consistently, will allow the investment to grow over time. It is far better to start with a small amount of capital than to take out a loan from any source.

It is far better to set aside small amounts for Bitcoin investment than to wait until you have a large sum of money to get started. Never underestimate small capital if it is invested consistently one can achieve financial freedom this way by maintaining a steady, consistent approach.

How am I just coming across this thread now and if maybe I've written on it previously, then I would gladly delete it until then, we move on and yes it is a good thing for a newbie to DCA because it is one strategy that allows people or better still, investors to buy bitcoin continuously without considering the market conditions and it is a very easy to understand technique that has proven to be effective over decades even before bitcoin

It would be a good idea to slowly increase your Bitcoin holdings from your own income. I think it makes sense to invest in debt if you don't have to pay additional interest on the debt. If the repayment period is at least 4 years. I know that you may not get funds from anyone under such conditions. If there is a possibility of getting a loan for investment, I think it is reasonable to use leverage to buy Bitcoin. Although there is almost no risk in long term Bitcoin investment, to deal with the risk, refrain from buying Bitcoin beyond your means and if you buy Bitcoin with debt have a separate and alternative payment plan.
In the case of long-term investment, there will be many great short periods when you can buy aggressively or use leverage to get decent Bitcoin holdings. I think taking out a loan to take advantage of those events is logical and a very good way to get to the additional accumulation stage of Bitcoin.

DCA strategy is, afterall, just emotionless and following a set of rules. It means just automate investing a Fix amount of money into assets at a regular interval. The newbie investor would find this to be the easiest to follow. In addition, it also means "don't check on the holdings" regularly as every time you check, you will end up with a tendency to do something about it (e.g. buy more, or sell).

I've had this encounter before with stocks and other assets. DCA works wonderfully. Even now, with BTC, I am DCA-ing regularly and not checking.