if you said our focus is to buy Dip and the market haven't that means we won't buy Bitcoin right? perhaps our focus should be accumulating and holding regardless of the market price which is the DCA method or strategy.
If you are using DCA strategy for investing then why wait for dip period like a fool. Buying Dip may not be easy for those who are just starting Bitcoin investment i.e. new investors. Also, waiting for a dip period in the market is also unwise, there are some investors whose main goal is to buy bitcoins during the dip period i.e. they want to buy more bitcoins at low prices. But the time they wait for does not happen in the regular market and hence they are not able to invest. But they had ample opportunity to buy bitcoins at any given moment in the market.
Dips are unpredictable, so instead of waiting for this period to invest, one should set a fixed source of income and prepare to buy bitcoins immediately i.e. buy bitcoins continuously and prepare to prolong Holding. By buying Bitcoin regularly you can take advantage of any time in any market.
In fact, those who wait to buy dips are always missing out on good market opportunities because the times they may have been waiting for never come. Market ups and downs are often unpredictable, and we may not be able to buy precisely at the moment a dip occurs.
We have gained a lot of knowledge about bitcoin investment in this thread, and we now know the strategies to combine together that will allow us to consistently be accumulating bitcoin and also wait for bitcoin dip to happen so that we can buy the dip and also increase the size of our bitcoin investment. For instance, if you want to wait for the bitcoin dip so that you can accumulate some of your bitcoin at a low price, you can divide your bitcoin accumulation money into two equal parts, and you will keep one part for buying the bitcoin dip any time it happens, and you will use the second part to be consistently accumulating bitcoin with the DCA strategy, which will allow you to take advantage of the market and also make you not miss out on bitcoin investment. Investors who only want to accumulate bitcoin in a dip are the ones who will miss out on bitcoin investment because they are not certain if bitcoin will dip to where they will be comfortable accumulating it. This will make them less active in accumulating bitcoin, and the chance of not accumulating a good amount of bitcoin is very high because no one is certain how often the bitcoin dip will happen each year.
Of course, newbies can do whatever they want, yet I would not recommend holding back value to wait for dips that may or may not end up happening, unless maybe he might start out with a lump sum and/or front loading his/her BTC investment right from the beginning. Otherwise it is probably better for newbies to concentrate on buying regularly (perhaps weekly) rather than giving too much thought about whether the BTC price might be dipping or not dipping.. and getting distracted into possibly employing unproductive waiting strategies. But hey, each person can do whatever he likes and he is going to have to live with consequences in regards to whatever might happen in terms of his having had created good BTC accumulation strategies and including whether he might have been aggressive enough in his accumulation or not..
Yeah you are right.
Waiting for Bitcoin to dip is so boring, if you can do it now why wait, and there's no grantee that Bitcoin will dip anytime soon you may wait and wait in vain, some people may think is too high to buy Bitcoin at this price and feel they may not get any profit people who have this mentality are traders, long time Bitcoin investors won't have such mentality because the price of Bitcoin 4 years ago is not what it is now.
4 years from now Bitcoin was 18,803.00 and as of today Bitcoin is $65,771.13 USD, so the price of Bitcoin should not prevent you from investing now because the price it is now which is 65,771.13 USD is not the end price of Bitcoin 4 to 5 years to come Bitcoin will grow more than it is now, those that started accumulating Bitcoin consistently 4 years ago are now very happy they did just imagine they were waiting for it to go below 18,803.00 they would have missed out, as a long time Bitcoin investor there's no need waiting for a dip to happen before you start accumulating because is a waste of time and you may miss out.