I totally agree with the OP. We might not witness Bitcoin price fall below $30k again. So, it probably better we take the present situation of Bitcoin as an golden opportunity, and accumulate more Bitcoin. You don't have to let your emotions control you. Also, you don't have to panic if the cryptocurrency keep dipping. Certainly, the price will bounce back. Although, newbie are those who usually panic and sell their coins whenever the price dip.
Yes, if there's a coin that we want to buy during this bear market there's no doubt it will be either bitcoin or eth. We can see that for the last few months, bitcoin shows dip value, we all witness its ATH last year but now bitcoin is around 20k, we can take this opportunity to buy bitcoin at this price, everyone asking is this the right time to buy? I will answer it yes, compare to last few months it is the best time to buy.
I think it is not a very wise decision to jump into bitcoin with all of your investments at a time.
Yes, I agree, this is the perfect time to buy but can't say this dip is the ultimate dip, it could be dropped furthermore.
So, I think if anyone wants to invest in bitcoin, he should split his total money and buy bitcoin gradually over the next few months.
I bought some bitcoin when it first dropped to 30K, then I speculate and set my next buying point at 20k.
Now my new target is 17K then 10K, I like to buy gradually and I will hold it until 2025.