I don't know if people still hold that view, but now is as good a time to get in, if you have the funds to. There's always DCA.
Many who have invested and held Bitcoin may be feeling a little uneasy at the moment, especially those who invested at high prices due to the market decline, and their holdings are currently at a loss.
They are not at loss if they don't sell their bitcoin that they accumulated at a higher price above this current price. This is why you have to be a long-term investor and focus on only buying regularly every week with DCA overtime so that you are only building and growing regardless of the price of bitcoin because the price of bitcoin will definitely bounce back and go higher in future.
Again, for those who have not invested at all, it is the right time to invest, and if you have enough dollars, then keep investing.
You don't need to have enough dollar before you can keep on investing as a long-term investor, because you can use as low as $10 from your discretionary income to get your bitcoin investment start and continue buying regularly every week with that amount non stop for 4-10 years and above. Before you know it, you will have build up your portfolio to a size that you will be marveled at. There is power in small piling up regularly, persistently and consistently as long as you keep your bitcoin accumulation ongoing overtime.
All you need is to figure out how much is your discretionary income, so that you will know the amount that you can put into bitcoin every week that wouldn't stress your finance.