I have a strategy for this which worked. If the bear session has just started, do not buy bitcoin. If the bear market worsen, you can start accumulating bitcoin. If bitcoin fall far more than expected, that is indicating that you should buy huge. The money I suppose to use to accumulate is divided into 2 each time which I will later use to buy bitcoin at once later if the price fall more than expected.
Your strategy is exactly that of trading and I wonder how it works for you, waiting for bitcoin to drop before accumulating will make you miss out alot of market opportunities and it will definitely slow down your bitcoin investment journey nobody really knows when the market will dip so while waiting? what if the price didn't drop to that particular price you wanted that means you won't accumulate Bitcoin though people may choose to do what they want to do but your bitcoin accumulation strategy is not really a good one meanwhile by adopting the DCA strategy you can accumulate Bitcoin both when the price is high or low instead of waiting for the price to drop first before you can buy and you a should also know that the money meant to accumulate Bitcoin is your discretionary income and not by dividing the money meant for personal use to accumulate Bitcoin this will make sell out at short while because you never made any provision for your discretionary income.
Accumulate with DCA strategy either weekly or monthly regardless of the price of Bitcoin and HODL for long, and don't wait for bitcoin to drop price before accumulating that is a wrong strategy to accumulate Bitcoin.
That strategy is same thing as waiting for the dip to occur before buying Bitcoin, we've treated that severally in the past and it's not very advisable cause while one is waiting for the market to go dipper you would missed out on several opportunities, one of the best accumulation strategy if not the best still remains the DCA strategy and that's why it's widely spoken about, lots of investors have tried and seen that it helps maximise profits whether during the bullish or bearish season, it's not affected by volatility and gives room for both the poor and rich to implement it in their accumulation journey, most investors prioritise the dip season cause they feel they're poor to afford Bitcoin in large quantity based on the current price but with the DCA strategy, an investor does not have to worry about the price of Bitcoin nor wait for the market to go dipper before they start accumulating or adding more to their portfolio. People shouldn't use the fact that "anyone can do whatever they like" and miss out on opportunities of accumulating more Bitcoin or implement wrong strategies that could make them lose their Bitcoin.
I think the real problem some people are facing in this forum is the topic of this discussion.
Buy the Dip and Hodl, this is where many people are misunderstanding. The fact that it was called dip does not really symbolise that the price has go go as low as to please you or prove that it is actually a dip before you can invest.
It is not very wrong to say that bitcoin accumulation is not restricted to your personal interest. Recently bitcoin went as low as 92k and many still hoped it will fall further before it started heading up again.
Accumulation of bitcoin should be intentional and show be done with your DCA if you intend holding for long as it should be.
I doubt if the real problem some people are facing in this discussion is the topic of this thread. There's always a saying that we shouldn't judge a book by it cover and same thing should be applicable here, you don't judge the thread because of the topic perhaps one should read and understand what this discussion is all about anyone who who's problem is coming from the topic of this thread to me I will say the person lacks knowledge because all we are discussing here is how to accumulate Bitcoin using the best strategy ( DCA) and to hold for a long period of time and also take advantage of the Dip if we have the capacity to...