Investing in Bitcoin, opportunities do not always come. So those who wait for opportunities may sometimes get a great opportunity to buy Bitcoin, but it is not known when that opportunity will come, but when it comes, it is wise to take it immediately. We know of many such cases where a good buying opportunity came, some were able to take advantage of that opportunity and some were lost.
Every bull market is preceded by a bear market. At that time, many panicked and sold Bitcoin, while some took advantage of that opportunity. During the Covid-19 pandemic in 2020, when the price of Bitcoin reached a very low point, many people benefited by buying Bitcoin. Because the highest price of Bitcoin rose at that time in 2021. Again, when the decline started in 2022, it became bullish again at the end of 2024. Those who invested at that time have also benefited a lot today. Bitcoin may dip occasionally, but one should understand that and take advantage of the opportunity immediately. Those who cannot take risks cannot profit.
It is hard to get timing just right but buying when prices are low can lead to big profits. Good chances to buy mostly during market slumps do not happen mostly. Important thing is to be patient and when those rare opportunities appear you need to act fast. Like you gave example people who bought Bitcoin during COVID-19 crash in 2020 or downturn in 2022 made much of money when prices went back up. This shows that taking smart risks is connected to making money. If you are too scared to buy when others are selling you will likely miss out on best gains. It is all about understanding how market moves and being brave enough to buy when others are scared.