Buying during a dip is often debated, but I think it's okay to buy when the price drops because it can make us buy more Bitcoin. But the problem that makes many people mistaken about buying when the price drops is that they deliberately wait for bitcoin to drop. If the context is like that, I personally don't agree with it. Because deliberately waiting for the price of bitcoin to drop in my opinion is the same as missing a golden opportunity to make our bitcoin portfolio grow even faster. Because waiting for the price of bitcoin to drop, in my opinion, has a long enough time, especially if you wait until the price of bitcoin touches a price below 40-50K. So my solution is, it's better for us to keep investing in bitcoin with a DCA strategy, and when there is a price drop at that time we can buy bitcoin more aggressively. So by doing this we won't miss anything and can still buy aggressively when the price of bitcoin drops. Because if you deliberately wait for the price of bitcoin to drop first to make a purchase, you can wait for months and even years and it's possible that there will never be a deep price drop as expected.
Buying during a dip is often Exaggerated, Waiting for a dip before we can buy or make an investment in Bitcoin is not so grate opportunity for a newbie, Because waiting for a dip to occurs we would be wasting a lot of time to approach the Market and accumulate Bitcoin, It is best we buy when there is opportunity to make an Investment instead of waiting for a dip, The market is quite unpredictable, Waiting for that dip opportunity is like someone who is not yet ready to take a bold step to invest in bitcoin assets, and also wasting a grate opportunity to invest aggressively. The best opportunity is consistent investing, buying aggressively with a mindset of long-term investment, DCA Is always a grate opportunity to invest in bitcoin.
I Think waiting for dip to make that Bold step to invest and buy Bitcoin is not worth it.
I think they get that idea from many people says that buy low and sell high. But they don't have any plans on how to do it and what are the next action they should do, that's why usually it ends up a disaster or they just didn't accumulate its because they are not sure on what they are doing.
That's why we should avoid having that mentality. I think one of the biggest reason on why its been suggested that they should buy Bitcoin now and don't wait for the dip so that they can focus on their investment and stop wasting their time on nonsense or things that will just destroy their focus.
We can't deny that its good to buy at the dip since somehow we can buy more bigger volumes, but we don't know on when the dump came. So instead of we are getting lots of Bitcoin for continuous buying. Those people accumulate only few volume its because they are always waiting on the dip. I don't find it amazing and we could see in that case that there's a lot of opportunity missed.