from the way I am seeing Bitcoin there is no time bitcoin will reduce to a point that people will rush and purchase Bitcoin, because people like to invest on Bitcoin when the price is high and they do expect that immediately the invest on bitcoin when the price is high they will also profit immediately, that has been the problem of people,
The whole point of buying the dip and holding is because the price of bitcoin has decreased, saying people like to invest in bitcoin when the price is high is confusing to me, sure using the DCA means that you buy bitcoin regardless of the price at the time, this doesn't mean they like buying when the price is high, and also to buy when the price is high to make profit immediately just sounds crazy coz who does that??? Maybe they are people with such complex out there, I don't know about them though, people who buy during a price shift are more likely to buy during a dip, not when the price is high, even the traders mindset of making quick profit is only even possible if they buy low and sell high.
Of course, there are peopleout there that buy bitcoin when the price is increasing due to FOMO. A lot of people buying bitcoin currently had the opportunity to buy bitcoin when the price was at 10k but they overlooked at bitcoin and didn't bother. Now that they're started buying after bitcoin reached 100k.
Some people also thought that bitcoin price is only going up during the bull market and they bought at 100k believing that bitcoin will reach 150k so that let them sell and take profits but they're regretting now and some have sold at loss after they see bitcoin price correction.
The focus should be long-term investment mindset and plan accordingly, so that you can reach your bitcoin target or close to your target in future through your regular, consistent and persistent buying to keep your bitcoin accumulation ongoing and if possible aggressively.
Yes, but people who bought at 100k instead of 10k wish they had bought at 10k and they bought at 100k because they believe the price will go higher, this doesn't mean that people like to buy when the price is high, they are simply buying now because they have seen how far bitcoin has come and they trust it will go even higher.
Invest in bitcoin using the DCA, if you happen upon extra cash when a DIP happens, buy the DIP and when the dip is over, continue with the DCA, you shouldn't have to wait for a dip to buy or wait for a price hike to buy as was seemingly stated in the initial post I quoted, a change in price should be used to an investors advantage but I should not be your primary reason for investing.