Buying the dip is not bad at all but timing the market is not encouraging at all , yeah the market might be experiencing some significant volatility recently due to some economy disturbance , which have lead to some dip in the market recently, does not me that you will have to start timing the market , we all know that the market can go two ways , so imagine you where waiting for the dip , and at the end prices end up surging instead you will
Miss a lot of buying opportunities, causing you to missed out.
I won’t lie this is a very nice opportunity (the recent dip ) to purchase more bitcoin at cheaper rate rather than panicking like you are holding some kind of shitcoin or something, because bitcoin is one of the assets with fast movement when it comes to price fluctuations, you can see bitcoin at $75k and few hours later it’s already at $80k+ , while some shitcoins may even take months or years to go back to their previous ATH, just stick to your dca accumulation, try and accumulate as much as you can without over doing it , like going to the extent of touching your emergency funds .
What do you mean by touching the emergency fund? If you mean buying aggressively with the emergency fund, I disagree with you. Emergency funds are designed to deal with emergencies only. Buying aggressively with the emergency fund or investing money from the emergency fund is never a good decision for an investor. If you do not have enough money to continue investing, then I think it would be a good decision to put your investment on hold for some time.
Suppose you have invested money from the emergency fund. And if you have a financial disaster in the meantime, then you will have no choice but to sell your investment. Emergency funds should be used only for emergencies. It is not right to use emergency funds for investing.
What is the function of the emergency fund, is it not there to protect your investment, if you see the need to borrow your emergency fund to stock your investment and replace it immediately, I don't think there is anything wrong in you using your emergency fund to accumulate Bitcoin.
Let's take for instance that the funds in your wallet is not enough and due to network issue, you can't fund your wallet from your local currency for you to buy your needed satsh and you have your emergency funds with you, are saying that you are not going to buy the present low price will you allow the opportunity passes you by all just because you don't want to temper your emergency fund .
Emergency funds is for both your accumulation of your Bitcoin and your personal expenses, in a situation like these where network is very bad and transactions of my local currency into my bitcoin wallet is very bad, i will prefer to buy aggressively with my emergency funds because I don't know what the price will be at the next minute when network will be okay, therefore I will use it and replace it immediately except for those that does not have any means of replacement, but even at that you can still use part of it, not all, I don't want to believe that a serious minded investor that is hodling for a long-term will not means of replacing emergency funds if tempered.