Then if we think we are not the good type that can know when exactly is the best time for an investment to be taken, then we may only have to wait and hold with our asset, till the market pump and be in our favour before we can sell, which is best approach for anyone to take and be more safe.
There is no specific time to invest. You can invest whenever you want using DCA method. If you wait for the right time to invest, you may never be able to buy. Because the main reason for waiting for the right time is to wait for the price of Bitcoin to decrease, which is not the right way to do it. If you wait, you can fall far behind your portfolio goals and miss out on many buying opportunities. Waiting to buy is always a sign of a trader. Because a trader is always waiting to buy and when they make some money, they sell their holdings.
An investor should continue to buy continuously until the portfolio reaches its goal. Holdings should be held for a long period of time, such as 8 to 10 years.