It's not a bad idea to wait for the price ofBTCto drop before buying.
It's absolutely not right to wait for the Dip before buying bitcoin because you don't actually know when the next Bitcoin dip will occur and while waiting, your accumulation speed will also be affected and you will also missed out a lot of potential profits and markets opportunities as well. It is better you buy Bitcoin immediately your discretional income is ready and with that's way, your focus and accumulation speed/pace will improve and wouldn't be waiting or bothering yourself monitoring/ timing the market anymore.
Waiting for the dip before buying is like shooting yourself on the foot in your accumulation journey because by waiting for a dip that you don't know the exact figure it might drop to, you are definitely going to miss a whole lot of buying opportunities because even when the dip comes, you will think that it's going to drops further, so the best possible way to invest and accumulate Bitcoin is by buying anytime your discretionary income is available because this current price seems expensive, but in real sense it's very cheap because Bitcoin is no where close to it peak price, so just imagine how much Bitcoin might have skyrocket to in 10 to 20 years time from now?
So waiting for the dip before buying will not just delay your accumulation but it will make you lack behind those that are buying consistently once their discretionary income is available, so their is no point waiting, just buy more Bitcoin and hold.