Waiting for a dip before investing should not be practice by a newbie because it will delay your accumulation journey, just imagine Bitcoin is $90k and you are waiting for it to drop and for 2 months it didn't drop and after that month it dropped to $88k or $89k it means you just waited in vain because the drop gap is very small and won't make any much impact in your accumulation.
I think people who wait for the dip never buy Bitcoin to hold for the long term. Of course, every dip is like a blessing because you can buy Bitcoin at a lower price each time.
But think about it this way: maybe you have some funds that you want to invest in Bitcoin with. But it turns out that you were waiting for the dip and that dip never came or came too late when you ran out of your funds. Then there would be no more funds to buy.
If you want to invest in Bitcoin, then invest. I think those who buy Bitcoin do not think that someone today will have to make 10% profit tomorrow. Rather, those who buy Bitcoin may use it for some transaction or use, or they may want to make a savings portfolio by saving in Bitcoin for a long time.
Those who did not buy Bitcoin even after getting it for $100, when they saw Bitcoin at $4,000, might have thought that the price has increased a lot now. But think about the five-year time frame, how many times 4,000 is Bitcoin worth now? The thing is, today you may be looking at $80,000, but in five years it may be worth $200,000. At least you are not losing. If it goes down, you can consider it as luck that I am getting Bitcoin for cheap. A currency that only a few people in the whole world know, use and have bought. If everyone does not start gradually, its price will definitely reach $1 million.
I saw a report that if all the rich people in the world tried to buy Bitcoin, no one would be able to buy a whole Bitcoin. Because there are 58 million rich people in a token with a supply of only twenty-one million. Where Bitcoin exists for only $80,000. Buying it is not a big deal for a millionaire. So if everyone starts buying, will there be Bitcoin in the market worth buying? Have you ever thought that there may be Bitcoin in the market, but it will almost skyrocket?
So bitcoin is still way more cheap you can imagine, you're never late for it.