Not waiting for the dip or not investing is the biggest risk. Small investments in a consistent manner can give us real results at some point. Fall is in everything, so the most important thing for the newbie is to start now and invest regularly without stopping it in this mindset. Excessive caution will often become an additional risk. Small investments at a time, keeping up with time, risk-taking mentality, and being patient for the right time can bring success. It is impossible to determine the right time for the market. If we dip in the form of DCA, we can get our assets as real assets in the future.
If you wait for the fall, will you ever find the right time? Of course you will never find the right time. Now suppose you wait for the fall and it falls a little, then you think it can fall further, so waiting for the fall is not wise. It is not that the price of Bitcoin is stable, of course the price of Bitcoin will continue to increase with time. You could not have imagined 14 years ago that the price of Bitcoin would be 100k dollars, but instead of time the price of Bitcoin has become $100k plus. So you can expect that at some point in the future the price of Bitcoin will be a million dollars. So I see no reason to wait, if you follow the DCA method, you will get the opportunity to buy at any price. So do not wait and fall behind, if you want to take advantage of the opportunity, you should start investing now.
There's no need for people to wait for a dip if they consider to invest on Bitcoin for long term. Those waiting game is usually been done by traders and most of them is engaging on a risky activity since market Bitcoin is unpredictable so there's a chance that they missed a lot or made a bad move.
Bitcoin is for long term and people should think about that this is better to do with their Bitcoins. Supply is limited to 21 million and as we can see the demand keeps growing. This is make Bitcoin became more valuable and this is one of good reason that's why they should acquire more and don't wait for something before they execute their orders.
What
are you are saying is quite right because I don't see the reason why an investor will want to wait for bitcoin to dip before they start accumulating when the needed discretionary income is there for them to start with. The main reason why most investors consider timing the market is because they are not planning to hold bitcoin for a longer term and as such they will want to enter the market when it will seen favourable for them, that is to say it is mostly traders that prioritise waiting for bitcoin to dip before they start accumulating. However they fail to understand that they can't really predict correctly the price of bitcoin rather they will only try to speculate the price which may not goes