quote]Well said, if you are lazy or smart at the same time then better approach is to buy bitcoins and wait 1-2 years and increase your investment.
The best timeline for bitcoin investment should be from 4-10 years and above and not 1-2 years because that is no longer investment but trading and the chance of you running at loss will be higher. The purpose of investing in bitcoin for long term is to enable you build and grow your bitcoin portfolio overtime with DCA method and reduce the risk of losses because bitcoin is a volatile asset and you should not see it as a means to get rich quick, otherwise you will miss the opportunity of having a good size of bitcoin portfolio for the future.
A new investor does not need to buy bitcoin and wait but he should keep on increasing his bitcoin portfolio bit by bit by buying regularly with DCA continously, persistently and consistently so that he can reach or get close to his bitcoin target quickly.
May it be market trends, know about cryptocurrencies,keep an eye on price movements, any major developments in the industry and set yourself some clear goals.
You should be specific with word bitcoin so that you don't mislead newbies for them to think that altcoins are also worth investing and hodli for a long period of time because it is not true. From what you said above, it shows that you are talking about trading and that is the mindset of what you have because a new investor does not need to care about the price movement of bitcoin since he is only accumulating for long period and will not sell.