Suppose you were thinking of buying Bitcoin, but you waited a little longer and the price went up. Now, you may be forced to buy at a slightly higher price than before, or it may be that the money you had at that time was spent elsewhere and you no longer have the opportunity to buy Bitcoin.
I think you are missing something here which is the reason why I want to call back your attention seeing how hard you are trying to comprehend what buying and holding of Bitcoin is all about, a real investor doesn't wait on the price of Bitcoin to go up or down before purchasing Bitcoin if you are a real holder to will understand that the goal is to keep accommodating no matter the current situation of the market and since the idea is long term investment you have no fear of losing your money because Bitcoin investment especially for long term holders is a guaranteed investment that leaves the investor with nothing other than profit at the end.
Bitcoin investment is not guarentee to be profitable in the long run because no investment is 100% guaranteed. However, we are investing in bitcoin because we have the believe that it's an asset that will increase in price overtime due to the history of bitcoin and our experience of it as we are investing overtime, and that gives us more confidence to continue building and accumulating bitcoin because our strong believe in it as time passes on.
There's always an opportunity for an investor and there's no late time for any strong holder who has no fear in him to invest in Bitcoin. You should have your holding plans and have a source menwt for purchasing Bitcoin so that you will not have a double mind on the money you want to use to purchase Bitcoin.
It's a norm that a new investor who has very little knowledge of bitcoin will have fear in the beginning as he is investing because he hasn't understand bitcoin but as time passes on, as he is learning and investing at the same time, he will be growing confidence in bitcoin and this is why new beginners need to start buying bitcoin immediately they can get started so that they start learning by buying as experience is the best teacher.
Any new investor having double mind to invest in bitcoin should start with little amount from his discretionary income,and as he continue buying with that amount for a year and above, he can increase his DCA amount when his confidence in bitcoin has increased. The most important thing is that he should get started with his bitcoin accumulation journey.
You are right, but personally I would say that Bitcoin will guarantee or provide 100% profit if done in the long term and there is nothing that is not profitable for those who invest in Bitcoin in the long term. The most important thing as you mentioned, must have strong faith and also strong patience and both of these things are the most important things to instill in ourselves and believe that Bitcoin will provide a decent profit if done in the long term because it has been proven. And besides that I consider beginners the same as me when I was a beginner, and at that time I could learn everything related to Bitcoin by doing it in small amounts and over time I was finally able to understand and find the best way after experiencing panic, small losses and so on. So if beginners know the potential of Bitcoin can be profitable especially for the long term, it is better to do and live it according to your abilities and learn, recognize and also understand Bitcoin and also yourself, your finances and manage them well as a whole because when you do all that then it will be your motivation to try to continue buying Bitcoin regularly and holding it for the long term to get extraordinary profits and this is what makes me 100% sure that Bitcoin is guaranteed to be profitable.