That should be true, but I think some investors who intend to hold Bitcoin in the long term also often look at Bitcoin price movements to be able to enter at the lowest price to get the best price so they can accumulate more Bitcoin and I think that's not wrong even though an investor also uses the DCA strategy to accumulate Bitcoin, but sometimes when the price correction is very deep, someone will change the strategy so that they can be more profitable by buying Bitcoin in larger quantities than usual.
Those who want to hold Bitcoin for the long term never look at the price. They always look at how quickly they can enrich their Bitcoin portfolio. Because they always think that the price of Bitcoin today may not be the same tomorrow. They never calculate daily profit/loss, weekly profit/loss or monthly profit/loss in this way. Their goal is long-term. They think about where they want to be in Bitcoin after 10 years, 15 years or 20 years. Today the price of Bitcoin is $115,000, if tomorrow this price drops to $100,000, then they never regret their previous purchase, but rather they choose this as a buying opportunity because the price is currently falling and they buy as aggressively as possible and increase their Bitcoin portfolio. Because they have confidence in Bitcoin, they have understood that no matter what the price of Bitcoin is today, in the long term, i.e. after 10 years, 15 years or 20 years, its price will be several times higher than its current value.
Therefore, investors who are confident in Bitcoin, i.e. Bitcoin real investors, never look at the price of Bitcoin, but when they have a reasonable income to invest in Bitcoin, they invest in Bitcoin with it. And if the price drops, they take it as an opportunity to buy, if possible, and if they have a separate fund to buy aggressively, they invest at that moment.