some people that wants to buy using the lump sum strategy sometimes also wait for a dip so they can buy.
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What I think wrong for waiting for dip is people who use DCA method since this will delay their accumulation and they might commit wrong decision if they always thought about wait for a dip is best for them to do.
I don't think it's wrong for people who practice DCA to wait and buy the dip because that is also one of the buying strategy of a HODLer. And also it will not affect their accumulation process since they have reserved fund to be able to buy weekly or monthly DCA, and buying the dip also. Though some people may prefer only the DCA while some will buy on each dip or lump sum as a single strategy, but the best strategy is Combining the 3 strategy. That will help you to accumulate a sizable amount and you will not miss any bit of the accumulation process. Emagine when you buy bitcoin when it dips, buy on weekly basis and buying at once through lum sum when you have an extra income aside your discretion. Don't you think it's surely a nice investment strategy?