When we talk about DCA, this strategy doesn't care about price at all, as it's closely related to consistent buying for greater regularity. Therefore, this strategy has nothing to do with buying Bitcoin when the price drops, as those who practice DCA will remain consistent even when the price rises. Those who practice DCA prioritize consistent buying and don't want to miss any potential opportunities. Therefore, in my opinion, DCA has nothing to do with waiting for the Bitcoin price to drop before buying.

As for senior Bitcoin investors who wait for the price to drop to make purchases, I think it's perfectly reasonable for them to do so. Their Bitcoin portfolios are already quite substantial and may have already reached their Bitcoin accumulation targets. Therefore, with this in mind, DIP is not a problem for them, as their Bitcoin portfolios are already quite substantial. However, for beginners or investors with small Bitcoin portfolios, I personally strongly discourage waiting for a price drop to buy Bitcoin.

Sitting idly and waiting for dips to happen before you buy Bitcoin is a bad practice that should be discouraged by all because it has made a lot of people to miss buying Bitcoin at decent prices instead jumped in when then felt price was leaving them behind with some ending up in problems. The only condition I will support someone keeping some funds for dips is when the person is using a hybrid system of DCA combined with buying the dips, This way you can keep the DCA ongoing while allocating some funds for buying the dips so that you will not miss your chances of getting Bitcoin at any market condition. Apart from this, I will always go with the DCA method which is easier to use for everyone.

Waiting for the price to drop to buy Bitcoin is never a good strategy, as a result of waiting, you will only lose real buying opportunities, is there any guarantee that the dump you are waiting for will come at all? But despite this uncertainty, if you do not invest and wait for the price to drop, then you are only blocking your potential profit, just like those who did not invest at $107K a week ago, they are now deprived of the profit of $117K. However, this is just an example, I am never encouraging you to make such short-term profits, I am only trying to explain the disadvantages of waiting when investing. However, all in all, you must have a consistent buying mentality, and hold for the long term, do not worry about the price when buying, because the current price of Bitcoin is very small compared to the amount that Bitcoin has the potential to grow in the future.

There is nothing wrong to wait dips for purchasing bitcoin but experienced investors do it differently than newbies. Newbies wait for lower prices, try to find bottom prices to buy in, while experienced investors can do Dollar Cost Averaging regularly and don't mind about price, or they can wait for price dips of 10%, 20% or 30% and buy without concern about at what prices they make purchases.

They know that price dips are very good for accumulation and if they can hold bitcoin for a long time, profit is very good especially if they buy in dips.