1: Use Dollar Cost Averaging (DCA) Technique:
In Bitcoin accumulation, this is very important.
In the DCA way of buying Bitcoin, you can minimize your possible loss because you only purchase Bitcoin when it will drop. Buying a little by little using this method, will surely your investment becomes profitable when there's a new ATH.
All in all, OP has good input, and newbies should know this and educate themselves when it comes to accumulating Bitcoin.