Sometimes I also wonder how some people wait for the Bitcoin price to drop to buy, even though their goal is to buy Bitcoin for the long term. Perhaps some of these people still don't understand what long-term investment is, so they often equate it with trading and start making wrong moves, wasting more opportunities for days when they want to buy Bitcoin.
I hope that people who are still waiting for the Bitcoin price to drop when they want to buy can quickly wake up and understand what investing is all about. Because from your explanation, all prospective new investors should understand that they don't need to focus on the Bitcoin price if their goal is to buy it for the long term. Bitcoin adoption is now so widespread, it would be a shame for those who are still willing to wait for a drop to own Bitcoin when they actually have the opportunity to buy immediately without considering this in more detail.
Guys that normally does that are mostly traders that think they can outsmart the market because they knows that they can not hold for a very long time, and these are one major reason these guys loses money, most times due to their quest for minimal gains they wait and wait without even buying at all because the dip they thought would happen never came to pass, so it's a wrong way to acquire Bitcoin, the best possible way to acquire Bitcoin is to just buy it anytime your discretionary income is available regardless of it current price, if in the process of accumulating and their is a dip in the market, he might decide to buy aggressively then with his reserve funds, but waiting for the dip is what is not encouraged.