Waiting for the price to fall is foolish. If the price of Bitcoin increases while you wait for the price of Bitcoin to fall, you will regret it. Because the market demand for Bitcoin is increasing day by day, it is estimated that the price of Bitcoin will increase a lot in the future. The price of Bitcoin may skyrocket during the time you wait. You can invest using the DCA method. If you invest using the DCA method, you can buy Bitcoin at all prices. For example, if you buy every week, the price may be low one week and high the next. I think it will not be wise to wait.
Almost all everyone who always wait for dip before investing in Bitcoin always regret it at the end because many do not always get to buy at their targeted price. One thing about waiting for dip is that someone will hardly be satisfied with their dip target, but will keep waiting for a further dip which is not guaranteed to happen.It is surely better for someone to start their Bitcoin investment by using the DCA (Dollar-Cost Averaging) method. It is one of the sweetest methods of accumulation. I have been using this DCA method, and I seriously enjoy it because it is less stressful and makes accumulating Bitcoin easier.
Just because you were advised in the gambling section of the forum to always use the money you can afford to lose when gambling doesn't imply that if you are also using the money you can afford to lose when investing in bitcoin for the long term, you are gambling with your bitcoin investment. Since bitcoin is a long-term investment, it is suitable for someone who wants to invest in bitcoin for the long term to always use the money he or she can comfortably afford to lose when investing in bitcoin so that he or she will always have 100% control over his or her bitcoin and have enough money left that will take care of his or her daily expenses and be in the perfect state of mind to hold his or her bitcoin portfolio for the long term, so don't be deceived that when someone is using the money he or she can afford to lose to invest in bitcoin, he or she is not gambling with his or her bitcoin investment because that is the right way to go about bitcoin investment
Seriously, we can't compare Bitcoin investment with gambling because there is a significant difference. Bitcoin is an investment, not gambling. It is more like saving money in a secure place for long-term purposes.When they say people should invest only what they can afford to lose in Bitcoin, it doesn’t mean they should invest the same small amounts they use for gambling, like $50. Instead, it means they should avoid using money needed for short-term necessities or funds that are critical to their immediate needs.