Currently the Bitcoin market is regularly hovering between $40K to $44K and a few days ago we saw the Bitcoin market touch $88K $48k. Such a change in Bitcoin price makes us believe that Bitcoin will touch $50K very soon. We are predicting that Bitcoin price will touch $50K but despite this assumption there are some investors who are not daring to invest in Bitcoin yet because they expect the market to go down further. They think that when the market goes down further, they will invest in bitcoins and as they invest, the value of bitcoins will increase again. Those who are expecting this are not now but long ago they have expected that the market will come down a little from the current position of the market and they have come so far to expect that their expectations remain expectations and the investment is not done. How can people who didn't invest when Bitcoin was worth $15K invest when Bitcoin was worth $44K?
For those who always expect a little less than the current price, I would like to say that a small price variation will not cause much problem for your long term investment so if you have an investment plan you can start investing and hold it for a long term plan.
I think those who basically often wait for DIP are the Day to Day traders and those who are in for the short term investment. Anyone doing DCAing would not have to wait for a particular time or DIP to invest, every point remains favorable and matters a lot to him/her due to a significant price change.
Through the DCA method, I now see dips as opportunity for getting more BTC for the same dollar amount I budgeted. No more anxiety and bearish market is now treasured.
That should be the absolute way of reasoning, those who understands the essence and applications of the DCA technique always find their success when the price begins to drop down given enough room for a whole new entry.