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.
Not at all, investing withing exercising patience will amount to trial in futility, there is know need of investing when you can't persevere, an investor must understand that Bitcoin was never built to work to serve short-term purposes, any investors having such mindset should desist from such because such expect or mindset may not come to reality, at any point in time investor are not expected to give up hence the understand that once the dip, opportunity are open to every investor to invest, sometimes am surprise when people invest in Bitcoin and expect a fast return, is as if they never heard about this investment being a long-term asset.
I now understand the reason why people always put all their problems in Bitcoin forgetting that Bitcoin is an investment thats meant to generate profit in the future, I think as an investor, Bitcoin shouldnt be over burdened with too much expectations coming from it rather investors should have other means of survival to allow them to continue accumulating and waiting patiently till the apointed time.