I think you are having a wrong interpretation about this reserved funds because it's not only when there's Dip one will use it to accumulate more Bitcoin NO it can also be use for other obligations outside Bitcoin investment. Secondly, it's not just about having a reserved funds but rather how well can you be able to make good use of it. and investing aggressively is putting oneself into a mess because once you got carried away by a Dip, you are spoiling your investment unknowingly.
Before starting investment it is of course most important to gather knowledge about investment.
Yes, it is always important for people to have a good knowledge of the investment they want to start so that they can know how to handle the investment and become successful with it, but when it comes to bitcoin investment, newbies or new investors don't necessarily need to gain any bitcoin knowledge before they can start investing their money into bitcoin. What newbies or new investors should be concerned about in bitcoin investment is their finances to know if or not they have a discretionary fund that will allow them to invest in bitcoin. As time goes on, they can start learning about bitcoin.
Though you are correct, one must at least have the basics knowledge of what he or she is venturing into, it's as important as making the investment itself. it's more like the foundation to what will be the result of your time and resources. if you just into any investment believing that knowledge will come latter you're probably at the very beginning of your failure. this a lot of people will never tell you.
Every investor needs a primary knowledge of the kind of investment they want to get involved in, at least know the ups and downs of such investment and not only look at the brighter side, although for Bitcoin investments inasmuch as you can be able to buy Bitcoin and HODL you don't actually need much knowledge about it as you can be learning and knowing more after you have already invested. Even if you acquire the necessary knowledge you want to know about Bitcoin without starting up an investment all you have learnt will just be like having a degree without a Job or an establishment. You have the knowledge but what will propagate your success in future is not there.
There are a lot of people who succeeded in their businesses not because they had a complete knowledge of such business but because they were doing the business and learning some things they don't know and even hired people who did the job for them then in the process they themselves got exposed to the things they needed to know. Most of the things that has set many people backwards in life is trying to know everything about an investment or business they want to start up of which they always have the feelings that the knowledge they've gotten is not enough and before you know it they began to lose interest in it.