This method buy the DIP and HODL is one of the most trading strategies or tactics in the Bitcoin and crypto market or in the investment cycle. This is when most investor like acquring coin having the believe that the price will some day go high, same also in most cases when you think the price will go high but eventually it starts deprecating in value.
And we must not also forget that one of the easiest means in acquiring bitcoin for hodl is to use the pattern of DCA in other to enable us afford making an investment as according to our affordability and it also serves as a means of reducing the cost on loss each time the market may be highly volatile and we have more bear market.
Also this method doesn't guarantee 100% profit believing that since the price is low at when is been aquire it will definitely hit at ATH, so in such case as an investor one also need to have two things in mind which is either gain or loss unless you wish to HODL for a longer period of time.
Holding for a long time doesn't have much risk than it profits the investors who are holding, especially when your holding crossed a particular circle and if you have the ability of holding when you buy the dip and wait till the next halving, you will definitely experience bullrun and that alone is the most profitable target by many long time investors.