Waiting for the dip to buy bitcoin means one is not yet ready to invest bitcoin because you might keep waiting not knowing you are just wasting opportunity. In bitcoin invest just try to grab the opportunity you meet everyday if you can, you don't need to wait to invest. Waiting for the dip to buy bitcoin is a big lose but people don't know this. Invest in DCA method now and earn a better profit in the future that is what matters. The market does not wait for anyone or give assurance to anybody to anyone to wait for a dip that will be favourable to buy in the future. Waiting for dip is a mistake that people are not even aware of but thinking they are taking good investment decisions on when to start.
It's funny because you can never even know the dip. A person waiting for the dip like you said is not ready because there's every chance he will buy it at a certain price but it keeps going down and he will start regretting why he didn't wait. You can buy at 50k thinking that's a good price only for it to drop to 30k.
That's why it's best to invest in DCA. One thing about this strategy is that you'll be surprised at what you accumulated at the year's end.
Another reason why waiting for the dip is not wise is that there's a chance you may not have money to buy when the price dips and you'll regret it. Waiting to buy the dip Is not really bad as you thought, but it becomes a problem when it is the only option to buy bitcoin. For example we buy bitcoin through DCA, lump sum and buying the dip. So it is necessary to always buy through DCA then also waiting for the dip to buy more, provided there is discretion income. But It is not advisable to be only focusing on buying the dip, As that will be problematic for an investor Because surely bitcoin may never dip to a desirable price to buy.
Yes, getting the opportunity to buy Bitcoin at dips can indeed be expected by an investor and another opportunity to reduce the UP in the portfolio. Bad investments can happen when an investor keeps waiting for dips day after day and misses good opportunities. I applaud your DCA strategy which is an effective way for you to accumulate Bitcoin without having to check the latest price status. Bearish and bullish trends in the market which can change the strategy in buying Bitcoin but the main strategy for accumulating Bitcoin in the DCA method is to accumulate Bitcoin based on the ability to accumulate on a weekly or monthly basis.
In fact, if an investor can keep the discretionary income flowing down the road with a long-term Bitcoin accumulation strategy, then the possibility of increasing his holdings over time. Your attempt to buy at every price touch within the market fluctuations can further boost the possibility of getting a huge holding by reducing the potential investment risk.