I'm not sure if the current price is a good price to buy. If you understand the pattern of the cycle, you must be aware that we are possible to drop again below $80k. I think the safer area to buy Bitcoin when the price is around $65k - $75k. In my personal analysis, this is the possibility of dip price before the price may increase again gradually in the middle of 2025. Sure, we don't panic because there should be a chance for Bitcoin price increasing again. If we learn the pattern of Bitcoin price chart in 2021, we aren't in the end of bullrun season. There is still enough time for Bitcoin to grow again.
Price on the range of $70k and above still shows that we are still under the bull market on my side, but that’s does not mean that it’s not a good time to buy, unless you are targeting a fast profit when price get back to above $90k you plan to cash out which you might still never get a good entry point if you are seeing now as not being the right time to buy, their is no crime in trying to buy lower than current price but that should not be an idea to sell out to others as it might discourage them from ever buying thinking the best buying price is yet to come.
Is there any special time to buy... NO. Waiting for the dip will do more harm to you than good because new investors don't need to wait for the dip before buying. Every price is the best price to accumulate bitcoin, because bitcoin is a long-term investment that needs time to build and grow to a certain level of your choice. No one knows the next price of bitcoin, which makes it very dumb to presume that waiting is the best strategy to accumulate bitcoin.
This is true. Beginners need to start investing and don't get caught up with the price since we cannot know where the BTC price is going.. and so if they spend at least a whole cycle accumulating bitcoin, then they can reassess after a whole cycle where they are and if they might want to adjust their strategy at that time... otherwise, it is understandable that it could take more than a whole cycle for anyone to accumulate enough bitcoin or more than enough bitcoin in order to actually justify adjusting his strategy to some other ways of either no longer accumulating or perhaps getting into maintenance. I would think that sustainable withdrawal would not necessarily kick in until close to 2 cycles or more..... but there could be exceptions to that depending on personal circumstances (including the
9 individual factors).
A new investor shouldn't think of selling but only buying with DCA for a very long time like 4-10 years and more because he has little or no bitcoin. Bitcoin is not what we should see as a trading tools because it's unethical to start gambling with the little funds that you are suppose to invest in bitcoin and hodli. Anyone targeting a fast profit feeling that he can outsmart the market might end up targeting a big loss because trading is very risky. It's people that think very small that prefer trading to investing.
I am not sure about your calling trading unethical, since it may be poor judgement and devolve into gambling, yet I doubt that it can be considered unethical on the face of it.
The same is true with your framing of BIG versus small. I doubt that your small versus big thinking categories are helping to characterize the difference between traders and investors. Traders believe that they can outperform bitcoin, but yeah, they may well be failing/refusing to appreciate various fundamental aspects about bitcoin that cause it to have great long term compounding value possibilities, yet even you have previously acknowledged that bitcoins future performance is not guaranteed to be profitable in the future, even if many of us consider bitcoin to be amongst the best, if not the best of investments currently available, which makes it such a great investment and not so great to be trying to trade it.
Think BIG, think long-term investment so that you can be among those that will be will be happy in future with their bitcoin investment when they have seen how big the size is and profit. Don't be among those traders that will be regretting their actions for being carried away over little profit that's under probability with a lot of risky of losing your money attached to it.
I agree that trading unnecessarily puts bitcoin at risk, including the risk of not being in BTC when the price is going up, and then missing out on opportunities to have had been in bitcoin. It has frequently happened in bitcoin that guys end up selling too much BTC too soon with an expectation to buy back lower in the future, and then the bitcoin price does not end up going down in the future, and they end up not being in bitcoin during times that they should have had been in.