It's not a bad idea to wait for the price ofBTCto drop before buying ,
Waiting for the price of Bitcoin to drop before accumulating Bitcoin is not for Investors but traders and it's a wrong strategy of accumulating Bitcoin expecially for new investors, you won't have much Bitcoin to your portfolio because you are always waiting for the price to dip before accumulating, most of these people who always wait for the dip season end up not accumulating any Bitcoin because they might not see their desire dip, but with the DCA strategy one can accumulate Bitcoin without waiting for the dip to occur first because you will be accumulating irrespective of Bitcoin price either low or high regularly, consistently and persistently either every weeks or months and hodl for a longer period of time and it's far more better than waiting for the dip that might not even come.
I agree with you, alot of investors always make this mistake of waiting for the dip before buying more forgetting the fact that if the price of Bitcoin dips below what they have bought before, they are always thinking that they are losing, and that is why they feel that it is only buying the dips that is the best
all they need to do is patience and buy more and accumulate so that when Bitcoin price increases back, they will make more profit from their earlier purchase, because when Bitcoin falls it will rise up and get to a new ATH.
Therefore buying at any amount of the market price of Bitcoin is always the best and it's helping you grow faster to reach your investment target on time than those that waits for the dip before buying, they will not have accumulated up to those buying regularly, consistently and persistently weekly or monthly without the waiting for the dip.