So something has been bugging my mind since and that's the fact Bitcoin is getting too expensive for new folks like me to buy and it really put me on the edge to meet up with my target since am way behind plus the fact that I just got into the investment market not long ago, so my question is, should an investor wait for the Dip knowing fully well it's around the corner or just go straight with your DCA or better still again buy big with cash invested on something you know isn't working out cause it's really looking as if my portfolio isn't growing that much.
There are still many people in the world who are not aware of Bitcoin. Compared to that, you are much ahead of them. You should never think that you are too late to invest. You do not need to worry about all this, just keep buying continuously. Bitcoin is still very far from Satoshi Nakamoto's thinking.
Waiting to invest or waiting to buy a dip is never the right approach. Because let's assume that you are expecting that when the price of Bitcoin falls below $80,000, you will buy. What will you do if the price of Bitcoin does not fall below $80,000? If the price of Bitcoin increases instead of falling, you will miss the opportunity to buy. By waiting to buy a dip, you will fall far behind your goal. You can continue to buy continuously by relying on your stable income and adopting the DCA method.