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That's the smart play... I caved-in like an idiot today and bought a Switch from Best Buy, even though it's late in the console's lifespan and there will likely be a newer model released within a year. I'm gonna regret the purchase once Nintendo officially announces a 4K Switch... but fuck it
I don't play video games nearly as much as I used to, but I randomly got the itch for some classic Nintendo style great gameplay which I haven't played in forever ( 3d style Zelda and Mario)... and the announcement of a new Mario Golf game 100% convinced me to make the Switch purchase now (perfect game for drinking and playing with friends).
I'm actually more excited jumping into the Nintendo Switch's catalog than I am interested in anything coming out for the Series X in the near future.
I don't think you made a mistake, the Switch still has a pretty big catalogue of games.
Even if the they release a new version, the old Switch will still hold it's value in the used market.