I am certain that many do not capitalize on this dip opportunity and have chosen to remain in doubt about whether to buy now or wait a little for it to dip which is very wrong to do so. This is the time that knowledge truly pays only but a few will be able to understand.
Are you sure about this statement?. Assuming my DCA strategy is to allows purchase $40 worth of Bitcoin every 10th day of the month, and the price of Bitcoin went down to as low as $56K/BTC on the 1st day of the month, and I decide not to buy on that first day, but rather wait until my normal time(10th day) due to financial constraints(like salary delay which is a common thing), and other reasons. Does that actually mean I don't understand the knowledge behind dip, or I just don't want to capitalize on the dip?.
I think you need to understand that a strategy must be a strategy. It doesn't matter if your buying time comes when there is a dip or not. Buying the dip for those who uses DCA should be done if there is a spare change or additional funds that has nothing to do with your investment funds, except the dip falls within your strategic time of buying. Though, there is never a perfect time to buying Bitcoin, but if my DCA strategy agrees with buying Bitcoin every first Monday of the month, then it should be so, no matter the market value or price. I would be of course, delighted to buy any dip, if I have any additional funds lying around.