It's really up to you,
(a) if you go trading, you need to spend some time, although you need some basic to advance technical analysis, so the risk is still there.
(b) be just an investor, buy during the dip, be a long term holder, learn how to protect your account at all cost.
So you have to see what fits your schedule here.
Trading and Investing are two different advanced things in crypto. With trading, you can easily compound interests within limited period of time. But not without basic and advanced knowledge of TAs and FAs. But with Investment, all you need is just the basic knowledge of a coin, its use case and the team behind the coin. Hold for as long as you want to hold.