when you fail to understand Bitcoin price regulations you will be scared of bitcoin investment, people that procrastinate don't know the perfect time they can invest in bitcoin, actually good investors take time to examine the market before they invest but newbies who just knew about bitcoin doesn't exercise patients and make research before they invest in bitcoin, so that's one of the elementary thing that makes people not to understand when the price is low and when the price is high for them to invest in bitcoin, I believe that people just invest base on their understanding of the market or prediction of the market of Bitcoin
I'm actually 50/50 on this because I think learning about something before starting is indeed an important thing especially when it will deal with the finances you have (that you want to invest) so it is quite natural when we explore and learn about this first including the objectives made and the market value that is of course included in it. But when we have plunged and are in the investment section (in this case bitcoin) and we have determined that this will be a long-term strategy for you, then do not focus too much on the current price because in the end it will make you dizzy and confused whether you can buy it now or not.
When the long term has become your goal as long as there is an opportunity to buy in the sense, you already have money to buy and understand about the risks and are ready to lose then why do you delay just because you focus on the price. It is precisely things like this that sometimes make it difficult for us to be in bitcoin because of our inability to take risks that ultimately make you regret not entering from the start.