Make your choices about how to allocate, and good luck if you are in the waiting camp.. Waiting may work out for you, and it may not.
One funny thing about the waiting camp is that they will always end up regretting and they are always saying how I wished I opted in. Even while they are saying this they are still waiting without taking action immediately. For me provided the money for investment is available I don't see the reason to keep waiting for any dip, funny enough the current price now might just happen to be the dip of the week or possibly the month.
I'm just learning about that new word today "waiting camp" indeed. They are not far from the fearful, the skeptics, the perfectionists that want to enter at the perfect price if such thing as perfect price exist. Price of Bitcoin will continue to go up and down because that is how the market is designed to worm based on demand and supply.
Instead of spending so much time on the sideline waiting when the funds are available, why not simply adopting the DCA method by buying some while keeping part of the funds for future buy, in this case one is not only waiting for the supposed perfect price but already doing something now and maximising the opportunities the market offers now. The disadvantages of not being proactive in respect of Bitcoin accumulation is just too many.
This is the problem that some people have instead of getting started, they keep on waiting for the price to come down to their own price which they have in mind, as if it is possible to know the best price of bitcoin. I think such people are not serious with getting started because if they believe in bitcoin and want to benefit from it, they will know the value and see getting started immediately as an advantage for them to buy if they have the funds already.
Such people must regret it with time as they will be regretting later that they were remorse of buying now, just the way some investors who knew about bitcoin earlier are still regretting now that they couldn't buy bitcoin when it was $100. Waiting for when you think is cool for you to get started because of the current price is a big waste of time because who knows what will be the price of bitcoin tomorrow and if it wouldn't come down to their expected price, so it means that they wouldn't invest and the will miss out the opportunity of investing now and make profit in the later. It is better to invest now and continue growing your investment gradually with constant DCA, than just keeping the money in fiat because some unforseen challenges might occur and you will end up spending the funds for investment to solve that problem.
If you have already invested, and intend to hold for long term, you must have made preparations to make sure that there is available reserve funds to take care of any challenges but because you didn't invest, you will not have any plan to grow your investment so the funds on you can be spent anyhow base on whatever challenges that comes your way. It is better to get started with little than not investing and keeping fiat in the bank because it will depreciate and bitcoin is not just an asset but also a store of value.