Waiting is part of the business so anyone who cannot wait will not be able to survive in Bitcoin investment. So, it is good to get the mind properly set on the right track with the understanding of the fact that investment in Bitcoin is a waiting game. Whichever method anyone choses, be it DCA or buying the dip, there is some element of waiting and even when the Bitcoin have been bought, waiting is needed because holding is still part of waiting.
There's no profits that you can get in investing without waiting. For those who don't want to wait they can learn to start trading and get profits when they get their trades right but if you want to become an investor, you must learn to have patience. The price of Bitcoin might have taken a blow as the price is now below $60k but we shouldn't lose hope because when it starts to rise back, there'll be no stopping of Bitcoin. We have to think of long term before investing in Bitcoin or we shouldn't invest because thinking short term will make us losers in the long run.
Every dip should be a buying opportunity and we shouldn't panic, great investors don't panic when they market is falling because they buy and if we are busy buying. We won't have the time to come online to complain that they price of Bitcoin is falling. You're right by saying waiting is a part of business and investing in Bitcoin can be considered your business because of the profits it can give us but we shouldn't only be depending in Bitcoin as we can have other investments outside of cryptocurrency to help us in bear seasons.
The problem with some people is they want fast profits for short term. That's why they got interested on the idea that they can earn easily on trading. They forgot to realize how risky they are participating unless they already lose their money.
Learning trading is really fine there's nothing wrong with that if they can spend,willing to learn and can accept those losses, also if they are enjoy what they are doing.
But if they can't afford to lose and want to make sure that they are in right investment then I guess bitcoin investment for long term would be the best option they could able to select. To many people got afraid right now at current dip since maybe they didn't expect that bitcoin would drop that far. But that should not stop us to accumulate since every dip or any recovering situation should be a opportunity, since this is how we increase our bitcoin balance and possible gains. Gaining lots of volume from dips is just a bonus so we nee d to be consistent on accumulation in every situation since success from holding depends on how the investor take action.