Another DIP buying opportunity might be coming! I'm not sure how low, or if this correction continues to fall under $40,000, but buying some Bitcoin with any sort of discount should definitely be "greeted" with open arms. Don't miss the opportunity!
Buy the DIP, and HODL!
Since I've been accumulating my Bitcoin for a long term, I'm not worried about the recent dip in Bitcoin price. I'm happy because I will seize this opportunity to continue accumulating more Bitcoin at a low price. I hope this dip will last for a week so that I can use the money I kept to buy Bitcoin when there is a dip to accumulate more Bitcoin.
It is good idea to have a longterm plan and not let small changes in the price affect your decisions. By doing this you can take advantage of the market and maybe get more Bitcoin. But it is important to know that it is hard to predict how long the price will stay low. It would be great if it stayed low for a week but the cryptocurrency market is always changing. It is good that you are optimistic and taking action to get more Bitcoin.
Here's the point, you want to take advantage of the DIP opportunity at $41K and then with the available capital then do it immediately don't let this price go high again before you buy DIP, it's discount time and won't be long.
But if you don't have money available for DIP then don't force it, let's continue DCA at any price as long as you are consistent all the time because the results will remain the same where you continue to fight for bitcoin with the first strategy, DCA.
So accumulate as many bitcoins as possible in any way and do not hamper you while you are still able to do it, if not your initial strategy will be better.
Initially, I was using only the DCA strategy in accumulating my Bitcoin, but since I started following this Buy the DIP and HODL, with the knowledge JJG has shared here, I have been able to adopt another strategy that allows me to buy the Bitcoin dip with the money I set aside to use in buying the Bitcoin dip and I also continue with my DCA strategy after I have bought the Bitcoin dip.