I was really having a problem identifying the dip, and the best time to buy more. Since the bitcoin is high in volatility. I noticed that the more I wait for the lowest price it goes up and down. I kept waiting for long and I never achieved anything instead I started using the money to buy some economic needs at the end I will end up not buying as I anticipated. When I got another money to buy, before then I read in an article I can’t really remember the author right now, it said until bitcoin passes its ATH then we are still in the dip, so buy now and later. This was how I learned to add Bitcoin to my whenever I have money to invest in it.
It is very difficult to identify a dip. You may only encounter a drop in the price of Bitcoin within a certain range and start buying it. But that doesn't guarantee that the price will immediately increase because often, the price continues to decline. If you trade, you should anticipate this by dividing your buy order into several parts so that if there is a downturn, your buy order will be filled.
But if your goal is a long-term investment, you can buy every dip. But it is also not recommended because it will use up your capital for that day and you will not have any other capital for the next day. And it will depend on how you can adjust your capital in buying bitcoin.
My advice is for you to buy bitcoin using the DCA method. This DCA method has been proven to help small investors like us buy bitcoin regularly. You can determine when to buy bitcoin, weekly, biweekly, or monthly. You can also determine how much capital you use every time you buy bitcoin.