Yes, that's definitely right. It's best for an investor to observe when to buy and have the right knowledge. Because buying after some time of selling can cause you to lose. I think it's better to do it long-term and long-term planning is also good because if you consider that you won't hold it for long and don't sell when it increases, it may happen that the price will increase at the time of buying, you may lose, so I would tell you to do it with the right decision. If an investor thinks that the price will decrease and buys it, it is not wise because if you continue to do so, you can improve. If you always sit for a good market, you will only waste your time. I think you can invest alongside a good market and make a profit if you invest for the long term. However, there are many investors who buy and sell based on the price of Bitcoin, but it may be better for them if they hold it for a long time and sell when it reaches the highest level. This may be their characteristic, but I think it is better to survive in all situations.
It is not clear what you really mean. But I think you are saying here that one should invest for the long term and should start investing without waiting for the price of Bitcoin to drop. If that is your main point, then you are right. In fact, investing in Bitcoin for a short time means that it will be trading. There is a lot of risk here. And there is a high possibility of loss. So if you invest in Bitcoin for a long time, there is a high possibility of profit. The time must be 4 to 10 years or more. And there are many people who wait for the dip and do not invest. But no one can say when the dip will come in Bitcoin. So many times it is seen that the price of Bitcoin does not drop but increases even more, as a result of which he misses the opportunity to buy Bitcoin at a low price. Or there may be a situation where he invests because the price of Bitcoin has dropped a little and comes to buy Bitcoin at a low price, but when the price drops comparatively more later, then he is mentally unstable. Therefore, if you follow DCA and invest for a long time, you are likely to make much more profit.