I completely agree that each of the newbie accumulators need to mostly focus on DCA, and if they want to try to wait and time dips, they also should be putting deadlines on themselves, so for example, if they have a weekly DCA, and they want to try to time the dip within each week, then they try to time their BTC buy for when the price seems to be most dipped within the week, but if the price is only going up, then they are going to have to have a deadline.. such as Saturday at noon or whatever time in which their definition of the week ends and the new week begins, so they make themselves buy by the deadline if they had not bought earlier in the week.
This is a good strategy to use to see if you can buy at the low price from the initial price during the week and I haven't thought of this since I started my DCA approach. I am also looking at it from this way that since I am a newbie who has already made up my mind to hodli for a long term and at the same time increase my bitcoin portfolio. Looking for the dip wouldn't be necessary as it might even make you ignore the opportunity to buy at that moment that the funds is available at the available price and when you don't, you might be unlucky that the price will then move above the price that you were suppose to buy. Looking for the dip during the week might not be helpful, buy immediately you have the money since you are on a long term drive, because the price different wouldn't be much. Where this will be very helpful will be for investors that are buying once in a month, they can have the opportunity to take their time to look for the dip price of bitcoin within the month to take advantage of and also have a time limit like you said. Accumulating persistently is what really matters.
On the other hand if an investor wants to take advantage of the dip, then he should always save some unwanted and unexpected funds to buy at dip.
I am not sure if I would call it lack of knowledge or even lack of experience, but some kind of lack of confidence and appreciation of the value of acting rather than fucking around trying to figure out which way the BTC price is going to go in the short term..
I will also say that it is lack of determination and zeal to get started. Also I think that such people are more of short term mindset.
So I just clear that for some Bitcoin is all about and for some others altcoins matter.
It like you are a shitcoin investor, this one that you are coming here to hype shitcoin. If it is true, you should better sell those shitcoin of your and invest the money on bitcoin, if not you will regret it. You cannot compare superior to inferior. Like @JJG said if you can't do without shitcoin, let it be below 10% of your investment portfolio. Whatever, you have your own decision to make.