price-based strategy. That won't work if you truly want to HODL. You should have a time-based strategy.
Well despite having long-term perspectives in mind while buying Bitcoin, we must still put in mind that our entry price matters a lot because the buy price is what determines the level and time of profits, this is so because those that bought their first Bitcoin at all-time high price above $55,000-60k+ are going to wait longer before the records profits compared to those that bought bitcoin at a discounted price below $16,000-20k if bitcoin make any all-time high above the last ATH.
Try to get the point of the post and what's being said. I'm not telling you to buy blindly at ANY price like a DCA-type of strategy. My own personal belief has always been wait for a DIP, and always bid LOW where you can find a discount.
The debate for a time-based strategy is to continue HODLing despite making a mistake and having -50% in paper-losses in your investment. Some price-based investment strategies would have already sold at a loss because "price dictates" that such a strategy should keep losses small. I think for Bitcoin that might be the wrong approach.