Waiting to buy Bitcoin at the dip is not a good decision for anyone that want to make good investment in Bitcoin because it's not certain that the price will reduce to the minimum expected value that you targeting before you will buy and this can make someone to loose a good opportunity buying Bitcoin at a good rate if you consider DCA.
I think buying Bitcoin by DCA is more preferable to waiting to buy in dip because with DCA you can be monitoring the price and still be investing on a particulate rate over the time and even if the price happen to appreciate instead of dipping as you are expecting you are already in business that will give you a good return which you can add up with the valuable capital to buy more Bitcoin by DCA.
There is absolutely no need worrying your self by always cheeking or monitoring the price of bitcoin when you are already using the DCA strategy for it is gamblers or traders that always monitor bitcoin price so they could sell out if the price is dropping meanwhile the DCA strategy gives you the room to invest at a regular interval by gradually accumulating more bitcoin either every weeks or months weather the price is high or not and continue hodling for long, so always monitoring the price of bitcoin before accumulating Bitcoin is not for DCA users for it is traders or gamblers that always monitor bitcoin price before accumulating Bitcoin.
It's not just gamblers and traders that monitor market price, you can also monitor market price while applying your DCA approach. Remember DCA is simply buying accumulatively at different prices. So to get the best price offer while applying your DCA strategy you still need to monitor the market, look out for nice setup that is for experienced investors who understands what controls the market technically and fundamentally.
saying that you are doing DCA and at the same time looking for the best price before buying is just like you are trying to eat your cake and still have it. no doubt, we all look at the price of bitcoin almost on a daily bases and definitely if you are an active forum member that visits the wall observer thread at least ones a day, there is no way you will not know the current price of bitcoin but that is totally different from the concept of doing DCA and at the same time doing what will look like an attempt to time the market for DIPs only before buying.
for the sake of clarity, we have to establish a fact and that is that looking at bitcoin price on a daily basis does not mean that you are a gambler, we all do it and most times we do it involuntarily. what is the issue is the intent for looking at the price and the good and bad thing is that the issue is not another person's issue but definitely your issue because at the end of the day, your action or inaction will affect just you and you alone. doing DCA entails that you set a plan on buying time based on when the fund will be available, when it is time, you care less about bitcoin price at that instance because in all the different times you are going to DCA, there will be moment when you will buy at low, high and some sort of moderate price. DCA is never about buying too low or timing the market but more about being disciplined and consistent basically because you want to get to a certain end in the long run.
For a complete beginner or a novice they don't need to bother themselves with all this technicalities all they just need to do is buy at every new price but they should pay attention to the direction of the market if it is consistently buying or selling to know in what direction they should buy so they don't end up buying too high when they would have gotten it much more cheaper if they have had a little patience.
theoretically, the idea of being patient while waiting for the best time to buy looks ideal but in reality, it can lead you to patiently waiting for months before buying an $100 worth of bitcoin.
let's say you want to DCA every week with just $20 and you hope to do that consistent for every week of the year. do you mean that on from Monday to Friday you will be able to know which day is the best day to buy or you will wait from Monday to Friday and then the direction of the market for that period of days would place you at a good profit for just an investment of $20? this does not look practically alright for me. if your plan is to DCA, forget about the few cent difference between the different buying opportunity you might come across, just buy when the resource is available and watch your investment grow in the long run.