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.
Delaying can be very risky, which is maybe why some individuals haven't yet purchased their first Bitcoin. Many people have been waiting for the price to drop before making the decision to buy, but nobody can predict when the price will drop. The price of bitcoin may not move for several months, and investors who use the DCA strategy will keep accumulating. The price of bitcoin is currently at $96k, so we won't be shocked if it drops more seriously. The only people who will spend the rest of their lives waiting for the dip are those who are not ready.
We should not be discussing trading in this thread what we should be discussing is accumulating Bitcoin and hodling, we all know that trading is very risky however if you wish to play around with your money you can only do that with 5 or 7 percent out of your 100 percent discretionary income that way you won't feel much pain and frustration when you lose.
And yeah is true that there's risk in accumulating and hodling Bitcoin for long term but the risk in long term Bitcoin investment is lower than that in trading.
The fact that some individuals still describe trading as holding Bitcoin is very surprising. We must realize that the purpose of this discussion is to advise those who are interested in holding Bitcoin for the long run to continue holding it, even if the market price is changing. As you mentioned, trading is highly dangerous and is like gambling with a small amount of money that you won't feel bad about losing. However, buying and holding Bitcoin is completely different from what some people believe, and you may lose more money than you can afford when trading. So I don't think using a DCA strategy to accumulate Bitcoin is risky.