I have been in the Bitcoin space for a while now so I understand that smart investors become more aggressive when there is a dip. That does not mean that they only buy during those times but they increase their purchase at those times when others are afraid and start panicking that price is crashing. They take advantage of those times and come out as the wise ones when the price finally start rising. You might be using other methods like the DCA to buy but trust me, if you learn to combine buying the dip and continuous DCA accumulation, you will realize how powerful such hybrid method can be.
There is no problem to trying to combine strategies like buying the dip and DCA, yet it seems presumptuous for you to be assuming that you are smarter (or other people who are buying the dip are smarter) because you might have had been able to time the dip or that persons who are engaging in buying the dip strategies are smarter than persons who are just doing some more pure form of DCA buying.
Perhaps buying the dips is advantageous for the mere fact that it gives you bitcoin at cheaper price/ it's more of a discount purchase and of course there might be other advantages that buying the dips will have over other strategies yet DCA seem to be a very convenient strategy for all classes of buyers and of course that's is the more reason we can see people like Michael Saylor etc buy regardless of the price (DCA).
Perhaps guys thinks taking a whole life time planning to buy bitcoin at a particular price is best while others take the advantage of buying at any given price yet they might end up buying more bitcoin than guys who buy the dips and of course DCA somethings even collide with buying the dips when guys who DCA end up buying at cheaper price during the dips which those guys who have been waiting for the dips would also buy hence some times it ends up that guys who DCA seems to have more bitcoin in their portfolios than guys who buy only the dips.
It might be difficult to prove either way, yet over the years I have quite a few arguments with guys who seem to be spending a lot of time waiting, and yeah, we cannot always know if they end up with more bitcoin, but it seems that they do not.
I will concede that the DCA guy might have a higher cost per BTC, but if he had been at it for a while and he largely front-loaded his BTC buys by buying as much as he could in the beginning, many times he may well end up with more bitcoin, even though at higher cost per BTC.
It is true what you are saying, and some folks may sometimes mis-assess their own goals, and then mistakenly come to the conclusion that they have reached over accumulation status when they have not. So sometimes there still may need to be some care in terms of understanding what is a status of over accumulation, yet you still have the idea correct that people can assess their goals and then assess that they have met their goals and/or that they have gone beyond meeting their goals
Yeah and they kept deceiving themselves with the fact that everyone have different accumulation goal , which is true but doesn't mean you have to settle for less as an Bitcoin investor, because we all know that the more your stashes the more your return when you invest , so the amount of coin you have is directly proportional to the rate profit you gonna end with .
That's why once you are doing you have to do it well , yeah not easy but with good Principles you surely pull through.
I know that so frequently I suggest that guys who are really intending to be bitcoin investors do not overly preoccupy themselves with profits, yet I also understand that more comfort comes when what you are holding (at least on paper) is in profits and when it is considerably in profits, then there are additional comforts.. and a certain kind of psychological cushion.. but at the same time, if a guy spent 5 years investing into bitcoin, and he had invested with his extra money, perhaps $100 per week (and then maybe more during the periods that he got some extra cashflows), he also starts to feel quite good about himself because maybe he has $30k or more in his BTC investment portfolio, and he feels really good for having had accomplished that, even if the value of his holdings is merely at break even levels or maybe slightly profits.
Sure it is possible that after 5 years he is still not in profits, and that is one of the risks that we take with any investment. There are risks with the investment, but there are also both execution risk which also may well relate to how well he secures his bitcoin (his private keys).
Perhaps the guy also continues to buy and he might even keep up to 10% on exchanges, depending on if he is preparing to withdraw or any other transactions that he might do through exchanges. Yet he may also create his own policies that he never allows more than $1k to $2k to be on any exchanges at any given time, but if his BTC holdings later grows to $100k (3x or 4x increase), then he might decide to allow larger amounts of his value to go onto exchanges, so sometimes guys can start to become really nervous out their bitcoin stash, especially if their BTC stash might start to grow to sizes that might be a few years of their regular income, and frequently they have to figure out how to deal with that much value including how to secure it in a comfortable way, including perhaps having the thought that once the BTC holdings reaches 10x the annual salary, they may well officially be in entry-level fuck you status, which also can contribute towards needs to engage in more preparation and planning regarding amounts of value that they had previously had trouble imagining.