Alot of people fail to realize that they don't need to buy 1 bitcoin to start their bitcoin investment, the price for 1btc is so high for alot of people that it just scares them away, if they only knew that they can buy their money's worth of bitcoin, and overtime, it will accumulate to an outstanding value that will make all their initial doubts and fears fly into the wind like ash.
Bitcoin investment is simply one step at a time, no rush, just gradual increase until you get to your target amount.
In the long term i think thats right, the past has shown us that. I think the future will confirm that, but there will also be drops again, just like this year. That was a -30% that we “lost” when we sold, many will do this in panic. In the long term you have to hodl and come to terms with the fact that is only a temporary loss. And i mean only bitcoin, no altcoins. In 1-2 years we will see different prices, i dont think we will be at around 85,000$.
There's always that one last drop before the price will really be shooting up and this is what most people been that waiting for it to happen but no one actually knows when it would really be happening on which this market is really that unpredictable and totally random. Whether we've seen the last dump like with that $78k but actually its no a dump since the price isnt that down too much on which there are even those who have been expecting something even more below with the price. It did really just that turned out that they havent been able to meet up their expectations. Actually we are already on a bull run year and everyone had already been anticipating with these moonshots. Too late to buy Bitcoin? If you do have that hopes and having those positivity towards it then there's no doubt that you will really be investing into it specially at the time that it will really be making up some retracements or dumps.