This is an intruiging subject. I was part of reddit's /r/patientgamers subreddit (lurking, mostly) because it was a good place to get insight into valuable gems that I missed first time through because I didn't have time or didn't want to spend £60 or £70 on a brand new game, and would rather wait for a sale.
Nowadays, I generally wait for Game Pass, Ubi+, PS+ or similar to get the game. Sure, I spend on subscriptions, but the games I play if I count out the costs it's a lot cheaper.
I do also play retro games - 'retro' being an ambivalent term for me, as it somehow is used pejoratively throughout the modern gaming community, which I disagree with: They're good games, just not on modern hardware or systems - quite often. So - yeah, sometimes I lag, sometimes I'm up-to-date, oftentimes I'm on my Steam Deck so I get to play slightly older games at a high fidelity on a handheld device, which is awesome.