For me I think the poor guy has the tendency of holding Bitcoin for a longer time. The rich guy who invented with a big money will see a huge profit once there is a little positive shift in the market. But the poor guy whose investment is not that much won't see that big profit in that short positive price movement, hence the need to hold for a longer time till when Bitcoin makes a reasonable price movement let's say from its current price to like $80,000 to $100,000. Unlike the rich who will see a big profit if price move from current price to $46,000 to $50,000.
I see your points but being poor comes with certain criteria whereas you keep checking your portfolio and the urges to sell comes in but the rich has nothing to worry about, all they care for is as long they are free from scammers and their Bitcoin is somewhere safe, they do not even care about the price movement, even during the Dip they sees it as an advantage to keep accumulating more and more, they do this because they have much money outside their investment, some might just keep holding because they want to keep wealth for their too come generation but some poor persons holds Bitcoin just because they need something to elevate them from poverty and they see Bitcoin as something of that nature.
The problem is, many investors are still hesitant to invest until they see the price already soaring high. That's their turning point to engage themselves and join the ride even it's already risky since we know it can go downward unexpectedly. Thus if you are a type of investor waiting for recovery before buying, it's not a mistake since that's your strategy BUT it's not wise because the ideal time to buy is during dip.
Bear season that passed is long enough to accumulate, fill our bags and wait. If you didn't buy during those times because you are afraid to lose your capital or don't have strong belief about the future, then expect that you are still one of those who missed again the opportunity to be a huge gainer in the future. So don't wait for the price to rise before buying.
I do not know how efficient the strategy of waiting for the price to begin increasing before deciding to enter into the market, i think its a poor method or strategy to implement. Some days might begin with a green long candle and there thinking the bull has begin not knowing the market will eventually return back, the market is volatile and no assurance of predicting so accurately. So it should be considerate enough to taking advantage of every Dip and buy more or buy frequently at intervals by implementing the DCA strategy.