This is as if you are talking to me directly. It was real torture when I first bought Bitcoin after a friend convinced me to buy that I will make quick profit. As a student, it was not easy watching my investment down by almost 20% in few weeks. Well I am happy my friend was patient with me, giving me all the support and encouragement I needed then, so it took me time to begin to understand how the market works.
So now you can apply your own strategy when it's a good time to buy. That is an advantage that is not material but immaterial that cannot be touched but can be felt.
If assessed further from your experience, it's not the price of Bitcoin that is expensive but the opportunity to own Bitcoin is expensive.
It doesn't take long for what I want to say. Trying to own Bitcoin as an investment asset is a choice.
If you are sure of Bitcoin, buy it.
Not 20%, maybe you will get 50% profit and can be more than that.
Someone who has instilled a sense of long-term investing will not measure as quickly as possible the rate of return they will be calculating. I mean their main target is to buy sustainably in the timeframe they want like 4 years the length of time the purchase is made on a regular basis and after that they will achieve the profit level they will calculate when they reach their purchase target.
Someone's thoughts on investing are definitely different and of course they want to get a high return on the investment they make. But one of the things that made them make the wrong decision when they invested using an emergency fund. Where when they need money they have to sell their btc holdings. This means investing with cold money without selling pressure if you need money in the future because you still have cash savings without having to sell BTC ownership.