Many investors have this thinking, they always want to see only the pump, but at first they cannot realize that Bitcoin does not move in one direction, Bitcoin moves in both directions, it will dump for a while and then move up again. This is how Bitcoin moves, so you should never invest in Bitcoin thinking about short-term gains. For those who want to move with a long-term perspective, the best investment currency is Bitcoin.
If an investor understood the real potential of Bitcoin, then he would never chase after other altcoins and would only invest in Bitcoin, because Bitcoin is the most secure, profitable and solid investment in the long run, so instead of wasting money on other investments, invest in the right place, i.e. Bitcoin, there will be no other investment as successful as Bitcoin in the long run.
They must change their mindset because Bitcoin price will still move up and down. But in the future, they will see the price reach the highest price and not just at $109k level but more than that. They should use Bitcoin as their long term investment so they just use this time to accumulate more Bitcoin and hodl it. A wise investor will not just buy without research because he realize that only with research they will what they need to do related to the market situation. The new investor in Bitcoin investment must learn many things before they decide so they know how much money they can allocate in Bitcoin.
That's the volatile nature of Bitcoin and if they missed to consider this situation then look up those unrealistic pump then provably that they will just get panic if there's a dump will came. But if they are aware and know that long term investment is a best choice for sure they would never engage on something unrealistic about Bitcoin and rather just buy when market is on pump or even in bearish trend.
Research is somehow important but that doesn't mean that they should wait and try to learn many things before investing on Bitcoin since basic knowledge is already enough for them to start.
They would just waste an opportunity if they going to missed buy Bitcoin for many days because they are want. So instead of wasting their time thinking about better approach better act now and aimed to get more volumes since this is more better rather than being skeptical and always think about other technical matters.