This period is the reason why speculators never invest in bitcoin until they start regretting.
In as much as bitcoin market is filled with ups and downs, buying at all time and Hodl remains a better investment strategy.
Bitcoin is currently at less than 93k which is as good opportunity to invest. But instead of investing now, fear won't still allow some to invest.
This bull run has made me to understand that bitcoin can suprise the world at anytime and doesn't need a period of months or years to change someone's life.
This is why buying at every dip and hodl remains a better investment strategy.
Buying at every dip is always important because it will definitely yield profit if hodling bitcoin. Every dip is an opportunity that if time is not taking it may come a longtime to come across the exact dip price that was neglected. The price of bitcoin has slightly fallen below $100 bit some investors are not willing to buy, they are waiting for the price to fall just to their own price they feel bitcoin could fall to. This is s common mistakes investors normally make, they always predict bitcoin and thinks the price of can be exactly as what they think. One thong every investor needs to understand is that the price of bitcoin can't be predicted. Buying bitcoin at every dip is not a mistake that will lead to regret if one has already made up his/her mind to hodl.
A new investor shouldn't wait for the dip but if he happens that when he as already figured out how to start his bitcoin investment right awa with his discretionary income, the market was in a dip. That's a blessing for him juat as we are in a dip currently. Apart from that buying at the dip ia unpredictable and not for new investors but OGs who have already accumulated a good size of bitcoin like 60% in their portfolio.
Getting started immediately is the best for new investors because the DCA strategy is there to limit the financial stress on you so that you will be able to grow and build your bitcoin investment every week or mobth by buying regularly to keep your bitcoin accumulation ongoing, persistently and consistently for 4-10 years and above. You can also use the lump sum strategy to buy bitcoin whenever you have any extra cash on you that you didn't budget. Buying at the dip is good but a new investor doesn't need to wait for the dip. If you have started your bitcoin investment with DCA, it will enable you buy bitcoin at various prices both at the dip, the bottom line of the dip, and at the bull run. The most important thing is for you to stay focus and look for other means to increase your financial strength, so that you can be aggressive in buying to build your bitcoin portfolio faster.
Dip means when the price of Bitcoin decreases. Basically, experienced investors wait for this time and buy more Bitcoin because the price of Bitcoin is lower than other times. You are right that there is no need to wait for the dip for beginners. Because they will not be able to understand when the market will decrease further or when the market will rise again. Due to their lack of understanding, they may lose the opportunity to buy something good. In that case, beginners can use the DCA strategy to buy Bitcoin, which will not have much impact on their investment due to the rise or fall in the market. Those who have been investing in Bitcoin from the initial stage are very strategic and pay more attention to buying Bitcoin during the dip. Any new investment in Bitcoin must have a long-term plan. You must gradually accumulate and create a large portfolio in the right way. You cannot get upset and cannot sell if the price decreases. You must have some other livelihood arrangement to live your daily life. Regular investment in the right way will give good results in your future.