It is obvious that this set of people are traders and they are considering short term profit because any investor that plan to hold bitcoin for a longer time would not see the current price to be expensive. Just of recent I met a guy that said he is waiting for bitcoin to dip to $35k before he continues accumulating which is very wrong. It is mostly traders that have this kind of mind set and not investors, so the current price should be something that should motivate people to accumulate more bitcoin because bitcoin has already proven it's worth over the years and it has not reach its climax
There is nothing wrong with buying bitcoins during market dips, but if you have enough money to invest, it is considered a bad decision if you wait for dips instead of investing regularly. Instead of waiting for dips in investment, regular purchases with small amount of money can be a right decision for you. The Bitcoin price that the above mentioned person is waiting for may be impossible. But in the Bitcoin market, the price of Bitcoin can drop a lot and even suddenly increase at times. We may have seen earlier that the price of bitcoin dropped a lot in 2023 but this year the price of bitcoin has again increased a lot and the price of bitcoin reached $100k.
DCA is your strategy for accumulating bitcoins on a regular basis, which is easily adjusted to your income. This method is to grow your holdings by not showing the impact of savings during market ups and downs. Market declines can naturally occur which can be called corrections and you should set your own strategy for DCA regardless of your value. An investor should try to get bitcoins by accumulating even small amounts regularly so that they last for multiple cycles or longer. I like to think of bitcoin as financial freedom for the elderly because compared to fiat deposits in insurance or banks, accumulating bitcoins every week or every month will result in a larger holding that will continue to grow over time.
Buying more during dips can make more money available to you, which will continue to grow your capital over time but for bitcoin accumulation you are more focused on discretionary income because even if its price dumps for some reason it will be outside of its negative impact on the surrounding life. Be extra careful about holding your own in any situation with the market by properly following your strategy considering the uncertain risks and accumulating for long.