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For our fellow plebs who have not accumulated fully yet, hopefully they get a deeper correction because it would be good for them. More units of Bitcoin will be purchased for the same amount of fiat.

But for my own selfish reasons - Yes, I don't want a deeper correction.

In summary, sure it is possible that BTC prices might dip more from here, yet they might not... so any low coiners or no coiners should be focusing on buying bitcoin persistently, consistently, regularly, ongoingly and perhaps even aggressively, whether or not there might be further dips from here (currently in the last 4-5 hours bouncing in the lower $106ks).

During the current state of the market, I believe they may not have a choice. Although I would suggest they accumulate conservatively. It isn't the early 2023 phase of the market anymore. Plus personally, I will never do what I did during 2021 again when I suggested to friends and family that they invest aggressively with a large portion of their savings.
NEVER NEVER NEVER AGAIN.

Seems like you are suggesting a super risky decision for your friends before and its not really advisable to do so especially if they really don't have knowledge on how deal with Bitcoin.

I was simply too bullish, and I truly thought Bitcoin would never crash down below $50,000 again during 2021.

It was a VERY MASSIVE MISTAKE to have that sort of hubris, and that overconfidence.

NEVER AGAIN. Although I truly hope we would never see Bitcoin crash below $100,000 again.

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There's a chance that they might easily got affected on a series of volatile movement that's why I will not also suggest to anyone to invest large portion of their savings especially if this is their first attempt investing on Bitcoin. Maybe they should start slow since somehow they are learning and they could just add the size once they already get lots of knowledge about what they are doing and also aware about what risk they might face since with this I guess they are ready for whatever upgrade they want to happen on their Bitcoin investment.

What's important is they start even in slow phase since everything would provably follow especially if they became a experience investor later on.

I don't know what they should do, nor do I care. Haha. But personally, if I was starting today, I would rather wait than FOMO.

It is funny how you keep coming back to the same solution of waiting rather than getting started. If a guy does not have any bitcoin, he needs to get started rather than waiting, especially since the only way for a no coiner to prepare for up is by buying bitcoin... otherwise guys are only preparing for down that might not end up happening, which causes even more problems.

The better situation is to buckle down and start buying $100 per week of bitcoin (or whatever happens to be a reasonable budget for the beginner), and to just keep building the BTC stash 4-10 years or longer... At some point it might be good to become more aggressive, yet there may be needs to learn along the way and to make sure that the guys cashflow management systems and back up funds are sufficiently in place and in a good place.

At the same time, anyone investing into bitcoin can keep buying with their incoming cashflow. It is not like people tend to have the means to put in everything at once, and even if they did have some lump sum amounts available in the beginning, there can still be quite a bit of value in front loading your investment into bitcoin, even if the BTC price ends up going down at a later date. I like to consider anyone front loading their investment may also want to continue to invest into bitcoin on a regular basis, even if they had front loaded the investment.

Waiting as a bitcoin investment strategy is just retarded, since it puts a person in a wrong mindset... yet being reasonable and prudent and ongoingly investing is likely a good idea and to attempt to build the bitcoin investment up until a point of adequate or over accumulation before changing strategies, and surely it could well take 4-10 years or longer just to build up the bitcoin investment, so getting started remains a quite important action, even if a person may also be learning and tweaking his various bitcoin accumulation techniques and his cashflow management techniques along the way.

I concur with your perspective. Anyone who's got intentions to start investing in Bitcoin but is waiting for the right time isn't ready to start investment because waiting is a major hindrance to starting one's Bitcoin journey. When it comes to a no-coiner, the best approach to prepare for potential upside remains consistent buying, Hodling, and building one's Bitcoin portfolio overtime. Starting asap with a reasonable budget is the best, whether it's $100 weekly, lesser or even higher, depending on financial situation, risk tolerance level and disposable income, and then prioritize focusing on long term growth.
Yeah, it may likely take around 1, 2 or even more cycles to build a significant Stash(depending on the investor's aggressiveness). And during this period of time, it's crucial to continuously accumulate with incoming cash flow, as it's likely that some people may choose to front load their investment. It's not as if front loading is bad strategy, but it yields better results when combined with an effective strategy like the DCA strategy, you can decide to front load your investment when you feel like increasing your aggressiveness, combining this strategy can also help to potentially mitigate certain risks too.
It's also true and worth noting that waiting for the right time as an investment strategy may potentially lead to a flawed mindset and perspective. It pays more to be reasonable, disciplined and consistent in accumulating BTC, and maybe subsequently you may potentially run an evaluation in your current strategy and observe if there has been a change in your financial situation or goals, and then if the need be, you can choose to make some changes in your accumulation strategy.

One major thing I believe that really stands out when discussing about the psychological aspect of investing in Bitcoin is the fact that, when individuals starts their Bitcoin accumulation journey, they usually have to learn how to navigate the emotional challenges associated with market volatility. This is actually good because it helps them develop a very strong mindset and also help them stick to a well thought out strategy, and this further helps them to potentially avoid making impulsive decisions based on the short term price play of the market.

Another important point thats also worth considering is the role of education in Bitcoin investment. When I started developing interests in learning about Bitcoin, I didn't have all the basic knowledge required to get started or make the first move, so I conducted more research, joined online communities (like this one), I even attended a few webinars and this really helped in shaping my mind and equipping me with the necessary knowledge I needed to get started. Through continuous learning and sharing of whatever knowledge you've acquired from others, you also get the chance to refine your strategy and also stay updated on the latest market trends, which of course helps you make better investment choices. So rather waiting to have all the knowledge, get started and enjoy the wild ride into the unknown and then learn more as you proceed