Waiting for the dip is not always good. Although I am not yet an investor, I have observed some movement in the Bitcoin price chat. I wanted to buy Bitcoin when I had the money and, as of then, Bitcoin was $20k, but I didn't buy it because I did not have information and any strategy that I could use to accumulate more coins whenever I have more money saved separately for investment. Since I joined this forum, I have learned how to apply the DCA method whenever I start accumulating BTC. Bitcoin investment is productive when an investor has a strategy.
Waiting for the dip is not always good.. especially if you don't have any bitcoin.
If you are waiting for the dip, then you are preparing for ONLY 1 direction, which is down.
One of the basic ideas of learning about bitcoin is to prepapare yourself for either BTC price direction, which largely means that the overwhelming number of people (including uie-pooie) don't have enough BTC.. they (and you) are not prepared for UP.
How do you get prepared for UP? You start buying and you continue to buy until you have reached enough of a BTC stack size that you feel that you are prepared for UP.
Yes you are correct, if I wait for only the dip I am just heading to only one direction and that direction is just for Bitcoin price to reduce just like you said, but if I am fully prepared for the investment, I will continue buying enough BTC until I am satisfied with the amount or numbers of btc that I have in my wallet.
So get started sooner rather than later rather than being a no coiner.. and sure it is better to be a low coiner rather than a no coiner and even better to be a lowcoiner who is constantly trying to increase his/her BTC stash size rather than a lowcoiner who is just waiting around and not doing anything besides talking about possibly getting some BTC some day.
With my schedule, from now till ending of next month I am planning to buy some BTC with the little money I can afford and when I buy I will used the DCA method to accumulate more coin and I will also hold for long term.
The power is in those who act and also in those who try to act in a reasonable way that they don't cause themselves to have to lose their coins.. so whether that is $100 a week or $10 per week or some other amount that you believe is sufficiently aggressive but not too aggressive that you end up having to sell coins at a time that is anything but at a time that is of your own choosing.
I have a job I am doing so far, but what is keeping me from invest is I haven't keep separate money for my investment that is why I said early that maybe before the ending of next month I will invest in Bitcoin.