🏆SOME REASONS WHY NEW COIN INVESTORS OFTEN RARELY USE THE DCA (DOLLAR-COST AVERAGING) METHOD, EVEN THOUGH IT IS A SAFE AND EFFECTIVE LONG-TERM STRATEGY:
1. The psychology of wanting to get rich quickly
⚡Newcomers often enter the crypto market because they see many stories of "x10, x100" in a short time.
⚡Therefore, they easily choose to go all-in or "buy the peak/buy the bottom" instead of patiently buying steadily over time.
2. Not understanding the essence of DCA
⚡Many newcomers do not grasp that DCA helps average purchase prices and reduces the risk of "buying at the peak".
⚡They often confuse DCA with "just buying randomly" and lack the patience for long-term discipline.
3. FOMO (fear of missing out)
⚡When prices rise sharply, newcomers often fear "missing the opportunity", so they rush to buy immediately instead of waiting according to the DCA plan.
⚡When prices drop, they panic and do not dare to continue buying steadily.
4. Small and unstable capital
⚡Many newcomers only invest with small capital, having the mentality of wanting to "make quick profits".
⚡Dividing capital for DCA makes them feel that "the profit is too little, not worth it".
5. Influence from the community & KOLs
⚡The crypto market has many media channels shouting "buy the bottom - sell the peak", leading newcomers to think they can do the same.
⚡DCA is rarely mentioned because it is considered "slow, unappealing".
