Newbie here, I've been wondering when is the best time to buy coins? Is it a good idea to wait for prices to dip a bit or should I buy them as soon as possible to avoid anymore increases in price?
Wait for further dips. If the price of bitcoins stops decreasing for a few days, then at that price, bitcoin is at its cheapest. So buying many at that kind of price point maximizes the appreciation of your bitcoins in the future. Just buy when the price stops moving at its lowest. Continue to hold after that.