Your comment is very misleading. Because a trader always does this, an investor always keeps buying until they have enough Bitcoin in their portfolio. It is never a good idea to wait for DIP purchases or any of these opportunities to invest. Always invest for the long term and keep investing until you have enough Bitcoin in your portfolio. And hold your holdings until your time limit expires.
Buying the Dip is not a bad idea, as an investor getting bitcoin at a lower price is what everyone is always hoping for but what people do is that wait for bitcoin price to dump before they should start buying. If you are investing in bitcoin, then their is nothing bad in making use of DCA strategy, you can be accumulating bitcoin gradually, and if you are finally stable, you can still have some money which you will keep for accumulating more bitcoin when their is dip in the market.
If you are expecting bitcoin to dump to a particular price before you invest in bitcoin, then that means you might not be investing in bitcoin, because you might no longer see bitcoin at the price which you are expecting it to dump to, and that’s how you are going to be missing out.
The truth of the matter is that waiting for the value of Bitcoin to drop before making a purchase is actually a terrible idea because Bitcoin is still very cheap in today's market, and by waiting for a dip before buying, you might miss a whole lot of buying opportunities that may comes, that's why it's adviceable to buy once your discretionary income is available regardless of it current price, in years to come you are going to realize that this $110k mark Bitcoin is right now is actually a bargain of a price, because Bitcoin price might have gone to a million dollar or more, so the best thing now is to buy once your discretionary income is available.
Or have we forgotten that this was how $69k look expensive in the previous all time high a few years back, but right now it's actually a bargain price for those who bought them, so the best thing we should be doing now is to accumulate a very good stash of Bitcoin regardless of it value now, because it might be a bargain price in the nearest future.