Trading is gambling and no matter how you think that you can outsmart the market, you will run at loss in the long run. Bitcoin long term investment is superior to trading and will multiple your bitcoin investment in the long run, while trading is the opposite, because you cannot know the price movement of bitcoin which is the magic that makes traders run at loss and not an option for anyone who is ready to build wealth for his future.
You're right, two days ago there was a considerable dip, Bitcoin dropped to $95k, most of my trader friends saw red in their trades and they all lost considerably, while they were lamenting of lost funds and how unfavorable the market was becoming, I was relaxed knowing fully well that there was only a price correction and my funds are safe and the profits are on their way and would compound since I'm on a long term journey. I tried advising them, but they resisted and I'm still sure most would lose today with the sudden increase in price.
Such confidence and rest of mind is never associated with trading and it's one of the benefits of being an investor. You're only concerned with increasing your stashes of Bitcoin with your discretionary income and never bothered about funds loss since our funds are very much safe in our Bitcoin investment.