It happens, I think Bitcoin goes with dollar exchange, and we all know that dollar rate is not stable. Soon one dollar will amount to 2000 in the local market and we all know this might affect Bitcoin market, some persons might be afraid to even buy. But I think the most important thing is to buy the Bitcoin then monitor the market.
No, no, this is a terrible way to go about your Bitcoin investment, because monitoring of the market are for traders that thought they can outsmart the market blindly, which is the real reason you will hear that traders are losing money in the market, but they will never admit to their losses, moreover why putting yourself under tension that will not end well due to short term thinking. Investment in bitcoin is mostly suited for long term, so their is no need in monitoring the market as you said because their is no benefit added to it, plus the tension you will get due to volatility.
It is not only traders who monitor the market and monitoring the market doesn't make you a trader unless such investor is regularly cheeking on the market to see when there is an increase so they can sell out, there are investor who monitor the market to accumulate aggressively or accumulate more Bitcoin when there is a dip and still continue with their DCA strategy so will say you are wrong by saying that monitoring the market is for traders.