Inasmuch as bitcoin is concerned at this particular time, there is no need waiting for it to dip before buying and hodling. At this time what a good investor can to is to keeping buying bitcoin now irrespective of the fluctuations in the price of stocks in the market as bitcoin price may not dip lesser than this till the bull run begins. This is more reason why the DCA method is applicable at this material time as it will help an investor to be investing the same amount at difference period not withstanding the state of the price at that particular time.
Often times the problems we encounter while investing is impatient and fear of losing if peradventure the price of bitcoin dips after we've bought bitcoin and again due to this fear most time make investors to sell off their bitcoin earlier than it ought to have stayed. Investing in bitcoin requires patient to wait for a very long time before the investment can be matured for trading so in situation where an investor isn't patient enough to monitor the activities of stocks in the market it might actually lead to incurring losses.
Talking about prices, of course prices will fall unexpectedly and prices will rise unexpectedly. So in investing you need a lot of precise judgment to take advantage of the multilevel accumulation point when you have the opportunity to do so. I have studied the Lump Sum strategy, buy and hold and also act aggressively when the market situation turns red. As for all of that, in fact you have to be able to divide the funds you have into several stages to be able to take advantage of the market situation. Long term planning does require patience, sometimes we can buy aggressively or we can buy with DCA.
In that context, I believe people will accumulate Bitcoin when the market is down and they will buy aggressively at that time. That's quite a good thing if you have a bigger budget. But as beginners, maybe we will start investing with varying levels of our financial strength to our goals in 1 year or 2 years. Patience is the key and playing buying and selling and buying and holding tactics is up to each individual.