Traders and investors will carry out their own effective methods in every cycle in different ways, because traders prioritize short-term strategies to achieve profits with the targets they want. Meanwhile, investors will usually focus more on long-term duration with the target of bigger profits because the investor's job itself is not just focused on one thing. But more for many sectors in order to achieve maximum profits within the duration of the market cycle, as has happened to Bitcoin in previous cycles.
Trading and investing are different so traders and investors must use different methods but there are things they will cross each other. Trading or investing, they must know fundamentals of that asset that need to be good. Trading a bad cryptocurrency contains more risk than trading a good cryptocurrency because there will less risk of bankruptcy, rug pull.
From common fundamentals, they will separate with each other to two directions for trading and investment. It's where they start to use different methods for trading and investing and build up their plans for short term trading and long term investing.
Long term holders are buying every dip or as what most of us are doing here, DCA and make it your friend as this strategy is the best we got even for us regular and average joe traders. And with that, even at bullish phase ,we can continue to accumulate and currently the price is around $65k which is still a good buying price in my opinion.
They need to have good investment plan to continue their DCA when market turns to bearish, correct or draw down. If they don't have money, nothing to do with the market or DCA.
If they don't have money source for emergency, they will have situations when they can not DCA even they really want to. Can not DCA more and even have to sell their bitcoins when they don't want to.