Those who will invest in Bitcoin certainly know that the future of Bitcoin is bright, but we have to start, so we have to move forward with this effort, how a new investor will invest at the beginning. In the case of Bitcoin investment, newbies will panic when they see the price change, but there is no reason to panic, if you invest in Bitcoin using the DCA method, the investment will definitely be long-term and only if it is long-term will there be an opportunity to hold Bitcoin in the future.
So we will invest some of the money we earn in Bitcoin, and the risk is much lower in this, newbies can invest in Bitcoin at any time. However, generally buying dips is another strategy for investing in Bitcoin, where we must meet the money demand for each dip purchase, so we must create a path for our investment.
Buying the Dip is good. But the question is for how long will you wait for the Dip that will be pleasing to you?? Bitcoin is not controlled by your individual wish or desire to buy at 20k.
Bitcoin is a moving train and every day is open to investors. Bitcoin is currently at 98k which is a perfect time to buy and Hodl. Another problem people have is fear. Many do assume the price will fall after they have invested, but the aim shouldn't be short termed. HODL for long in other to reap from the long term benefits of bitcoin. Newbies are prone to fear and this is not out of place.
Waiting to much would provably confuse people to execute their buy orders so maybe instead of waiting to see more dips, they should buy when they see some dumps since we really don't know if we could see more dumps or the price would immediately recover. Also we are doing DCA here so price is actually not a problem since after all we can always catch those dips especially if we are consistently buying even if we see a continuous price fall for Bitcoin. For sure everything what they do would still benefit us compare if we continue to do our thing. Compare if we just wait for sure there's nothing happens with us in that status.