All we have been toilling for might be as a result of our negligence to doing the right thing, because we can't blame anyone for not being informed of the necessary steps needed in crypto investment and decisions, which is an ultimate requirement for what we acheive in crypto because we are aware of the conditions attached.
We should not be swayed by the fantasy of investing and forgetting to do other necessary things in cryptocurrency, which is why we must know what we are in for and what's ahead of us, so that we don't misappropriate funds on what we may not have plan for, which is part of the common mistake some made, all because they wanted to invest, forgetting other conditions.
I saw JayJuanGee say in some posts that using the word crypto can be confusing, because the word crypto does not only refer to Bitcoin. Crypto refers to all currencies, such as shitcoins and memecoins, etc. Everyone in this thread is talking about Bitcoin, so Bitcoin should be mentioned. So we should avoid using the word crypto in this thread, because it is difficult to understand.
This is what JayJuanGee actually said regarding shitcoins , he said that any thing that is not Bitcoin should be regarded as shitcoins. So whether it's Altcoins or memecoins or whatsoever there are all shitcoins because there all fall into the same category. So there is no points trying to differential them because there are all branded the same with similar characteristics.
Those who wait to buy dip will never find the right time which will make them fail to invest. Now the best strategy to invest is DCA strategy, if someone invests in DCA strategy then he doesn't need to wait, because if someone buys in Bitcoin in DCA strategy then he will be able to buy bitcoins at more or less average price. If we have such an opportunity then waiting for the price to come down is just a waste of time. Now traders are waiting for the price to come down, if someone waits for the price to come down then his mentality is like that of a trader. So if you have a long term plan, you can invest anytime.
There is no perfect timing for investing in Bitcoin it's pointless trying to time the market because we may never get it right so the best time to buy is when someone discretional income is available. Someone that's is already buying bitcoin in DCA strategy doesn't have the time to waste waiting for Bitcoin to Dip before buying because he already knows timing the market is wrong and not just that alone,it can discourage him from furtherly buying bitcoin as well as slowing down his accumulation pace. Rather than waiting that will delay him from furtherly accumulating bitcoin it is better he continues buying bitcoin steadily, consistently and persistently through his regular DCA strategy which is appropriate.
Traders are very common with this mentality of only buying bitcoin when it's Dips so when an investor starts displaying similar traits as that of a trader then he is not different from a trader.