One more thing for those who are already into Bitcoin for sometime, such people will also love to go bullish when price goes down like the dip we are having now. We saw Bitcoin price going up to 109k and staying around 100k for a longer duration before falling to current price. Though price has gone down at the moment and we can say we are having dip but we can't say whether it's the bottom or we still have to see more decline in price. Nevertheless this price (which we can say is part of DIP), is a good scenario for anyone waiting for DIP to buy.
Personally I doubt that it is a good mindset for newbies to be overly thinking about the extent to which bitcoin prices are in a dip or not. Sure we can see recent BTC price performance, yet newbies likely need to just get started and to figure out some steady, consistent and persistent buying of BTC. Also, once they are getting used to buying bitcoin on a regular basis and if they are alb to shore up their emergency funds and other aspects of their cashflow management, then they can also start to buy more aggressively.
There are some folks who either have extra discretionary income and/or they have other assets (or savings) upon which they want to transfer value into bitcoin from those amounts, and so there is nothing wrong with supplementing buys for buying on dip so long as the buying on dips is not distracting them from doing regular buying, and since it tends to take so long to build up a bitcoin portfolio, it may well take a whole cycle or even more before buying on dips starts to make sense, as a supplemental strategy.
If you read my initial post then I was referring to people who "
have been stacking BTC for one or nearly two cycles". These are the people who can understand dip well. Like I said, they are the one who have seen Bitcoin at 20k (few months ago) and they have also seen Bitcoin on 109k before witnessing current Bitcoin price of 84k.
For newcomers, there is only one way to move forward and that is go for Bitcoin accumulation without any wait. A newcomer will spend time in Bitcoin accumulation before he can figure out when it's dip or when to invest aggressively in bitcoin accumulation.