Those who wait for the fall can never do anything good. Because when the market price is high, they wait for the market to fall. And when the market falls, they think that the market may never recover. They are afraid of even small market drops. They do not have complete faith in Bitcoin. In terms of investment, you do not have to worry about the market price. Whatever the price of Bitcoin is, you just keep buying your Bitcoin until you reach your target. Keep buying until you can accumulate enough Bitcoin in your portfolio. And can you continue buying weekly or monthly using the DCA method. And should you try to keep your investment period between 2 and 3 circles?
Such a situation will indeed be an obstacle to buying bitcoin. Because I agree with your assumption, because people who are afraid when buying at a high price, there is a possibility that they will also be afraid to buy when the price of bitcoin is slightly cheaper. Because in my opinion this is caused by uncontrolled fear, thinking too much about profit, and not daring to take the slightest risk. I think people like that will not be able to invest in bitcoin calmly, because even though they invest, they are like traders who panic when the price drops. So this is where it is important to prepare a good mentality, cold funds, and planning so that their bitcoin investment is conceptualized. Because basically people who wait for the price of bitcoin to drop first to make a purchase, it can be said that they are afraid that they will not be able to get a big profit, or they are afraid that bitcoin will not experience a high increase. So with that, we can assume that people like that are just traders but disguised as investors.