But Bitcoin is such a situation that the fear of losing money is close to zero, if he is ready to hold it for a long time then surely Perth will benefit several times. But generally we need to know our Bitcoin buying strategies which we call as DCA method, you can definitely be successful if you buy investment regularly. And if you can buy bitcoins in the deep market it will be possible to hold more.
If you are adopting DCA in investment then why mention dip season. The Dollar Cost Averaging method is where you purchase bitcoins for investment purposes on a weekly, monthly or quarterly basis. My only point of mentioning this is that since you are buying bitcoins for investment with a certain amount of money over a period of time then why should you wait for the dip season. Rather than waiting for the market to go down, you should consistently buy and hold bitcoins.
Before investing keep in mind that the dip is unpredictable and it is not certain when it will happen.So it is better to buy bitcoins regularly instead of waiting for the dip. Continuously investing in DCA will create a favorable situation for you if the market dips. If you have spare funds saved at that moment then you can take full advantage of the dip season.
While will someone wait for something he or she don't know when it will happen, what if you wait and the dip happens but just a small margin from the price it was, what if you wait and along the line you used up the money because you are tired of waiting and think you can replace it when ever it happens and you couldn't replace at that point in time it happened.
Waiting for a dip will slow down your accumulation and before you know 3 years has gone and you have not Accumulated anything reasonable.
Remove this mindset of seeing Bitcoin as something you want to use to escape poverty because you will surely get tired of waiting for it, and that is why it is always advised to have a source of income before going into Bitcoin investment because Bitcoin investment is not a Ponzi scheme were you can just invest today and next week you start gaining from it, Bitcoin takes time to grow and when you have a source of income you will have the strength to exercise patience.