Those who want to hold Bitcoin for the long term must keep a close eye on the crypto market. Whenever you see a dip in Bitcoin price in the crypto market, you will try to buy and hold Bitcoin. But I know that Bitcoin will pump multiple times in the next few years. .Now bin our time and expect to earn multiple times in a few years from now.
If you have intention of holding bitcoin for a long time, you don't have any business watching the market. Your major aim will be to buy whenever you have money irrespective of the price of bitcoin. You wouldn't have to wait for a dip because there is no level that is established as dip, so you will keep waiting till you miss out. Just adopt one of the investment method and use it to buy bitcoin. When you keep waiting there every tendencies that you will divert the money to something else. If you are wealthy enough do a lump sum buy. If you are a low or medium income earner use the DCA and buy. The moment you have bought the bitcoin you are sure that you have used the money for what it was intended.
Also about pumping multiple times in the future is a mare speculation and nobody is certain about anything. So when you invest in bitcoin don't just have the singular mindset that it will pump and give you multiple profit. Also put in mind that things might not go the way you imagined. This will help you not to be affected in anyway if things go the opposite side.