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.
Bitcoin investors that are waiting for dip before buying are not looking at the bigger picture, they're not projecting it's long term potentials of ROI in the future. If you believe that Bitcoin has the potentials of always reaching ATH in future bull circles that is all you need to keep buying when you have the fund. Bitcoin is volatile and if you don't know for certain when it'll dip it's better to buy when you have the find at hand, delaying can make you change your mind and miss out on growing your Bitcoin capital.
Bitcoin has proven to be a store of value, don't let dip stop you from buying when you have the fund, only a lack of discretionary funds is a genuine excuse not to buy at anytime. Double your hustle so that you can always have funds in your discretionary account to top up your bag in your DCA strategy.