this is a DIP for crypto currency prices,
it has been proven if we look at the Bitcoin chart then you will understand that Bitcoin lasts a long time not to fall from $ 15k,
and it is proven that Bitcoin can survive above it, maybe indeed $ 16k is a DIP and if you want to buy then this is the right time.
Just buy and hold on. Do what you can do when you get a discount at a low price. Do it with the DCA strategy like many people do which can open up opportunities for you to buy at low prices.
Continue to buy and accumulate in the long term. Do it regularly, then the results you will see in the next 10 years will make you happy for the persistence you do in every round you apply.
But if the 10 year term is a bit long you can do in the 5 year term because time flies quickly without us realizing we have some btc in our portfolio.In regards to the last line of your post arimamib, I have quite a few doubts that there is any real and/or meaningful way to accelerate an investment plan that would usually take 10 years down to 5 years, and sure any of us might attempt to invest more aggressively in order to potentially reduce our timeline, but we also may well end up running a risk of over-investing or even contributing to some lessening in our quality of life in meaningful/measurable ways, if we try to push our level of aggressiveness too much.
I frequently will suggest that bitcoin accumulators attempt to be as aggressive as they can without overdoing their aggressiveness, but that whole concept of attempting to balance your aggressiveness is not easy to describe because each of us has to find our own level of balance in that direction... and there are even truths in the bitcoin space that it is better to invest something into bitcoin (get off of zero) rather than to invest nothing; however, later down the road some of those investors who had chosen to merely get off of zero and to invest somewhat whimpily may well end up regretting that they had not invested more aggressively into bitcoin rather than choosing a path of investing so whimpily.
So for example, historically maybe
in the last 9-10 years, a bitcoin investor (a person starting to invest into bitcoin on January 1, 2014) who had invested into bitcoin around $10 per week, might feel quite good right now because his having had invested $4,700 would have resulted in more than 4.5 bitcoin feels pretty good; however, if he had chosen to invest at $100 per week, his amount of bitcoin would have had been 10x that amount.. but his amount invested would have had been 10x that amount, too..
These days it is more difficult to suggest that investing at $10 per week is enough (as it would have been enough if a guy had started investing into bitcoin in early 2014) - on the other hand, it is true that any of us are ONLY able to invest as aggressively into bitcoin as we are able to do, and if we are NOT able to muster up enough extra cash in order to invest $100 per week into bitcoin, then we need to figure out how much that we feel that we can do in order to be aggressive, but without putting our own finances and psychology into to much stress during the process of holding whatever quantity of extra cashflow aside and putting it into bitcoin.