Meaning of "Cash on the sidelines"

Hyeon-Geum-Gwan-Mang

Cash on the sidelines현금 관망#마인드셋#경제/재테크#IT/개발#밈/유행어2010s Meme

An investment strategy in which, amid market uncertainty, investors hold onto cash rather than buying coins immediately, observing price trends and waiting for the right moment

"With volatility on the rise lately, I’ve decided to sit on the sidelines with cash for now. Rather than buying right away, I plan to wait and see how the market correction plays out before making a move."