Always buy at the dip. In this case, I advise you to divide your capital into 4 parts. Let say you have 1000$ to lose, first buy 250$ worth of bitcoin at current price (8773$). Then when price dips further, buy another 250$ worth at 8000$ then 7500$ and last @ 7000$. In this way, you don't lose that much if price goes rock bottom. The 'Wolf of Wallstreet" even predicted it can go as high as 50,000$ so I guess he is seeing the present dip as a result of the correction. Many if not all wants a piece of the bitcoin cake.