You’re right.
Is there even a RIGHT TIME to invest?
This is mostly the traders’ mindset, people who are in the Bitcoin market for the short term benefits of the market, rather than considering the long term potentials of Bitcoin. Rather trying to time the market, it’ll be more safer and better to get started immediately and consistently accumulate Bitcoin using the DCA strategy.
If there was a right time to invest, many investors would have not been able to gather as much bitcoin they have now. I will also see that approach as a gambling approach to investment. Bitcoin is very volatile and trying to look for a time that’s best to invest in it will make it very hard to accumulate a lot of bitcoin. This minute you might time the market well and the next minute before trying to buy the bitcoin, you would miss out on that price and wanting to wait again to see maybe the price will come down again, unfortunately that was the best time to have such price. Trying to time the market will only make you to lose the best opportunity to buy. Every time is the best time to buy and when you consistently buy bitcoin, you would get them at an average low price when you try to average the buying price of it.