Instead of waiting for dip before you buy why not use DCA method to accumulate and store your assets to grow and appreciate in due course,because i see most investors adopting buying bitcoin in dip as a strategy,though,it is not the best form of investment strategy if only you really want to stay active and make a difference during the investment process.
Bitcoin is a store of value an as such it doesn’t lose value irrespective of the market system and you can be guarantee with profits at the end of the market.
To me i will always advise any investors to use a discretionary income and adopt DCA method to buy bitcoin,then hodl it for longer time cos is an investment so you shouldn’t expect high returns for a short period of time.It need time to grow,build and gain momentum for proper maximization of profits.
Most persons tends to lose more funds from buying in dip strategy compare to DCA method due to its volatility nature and market conditions as well.
It is their personal decision which method to invest in. But I think the DCA method is the best of all investment methods. As long as you wait to buy DIP, you can miss out on many buying opportunities or if the price of Bitcoin does not fall as you expect, you can never buy. So instead of never looking at the price and waiting, adopt the DCA method and continue to buy continuously.
We can never say that a person will make a profit by investing. The Bitcoin market is very volatile, it is never possible to say what will happen in the market when. We can never determine the future by looking at the past. However, yes, the results of the past have a lot of impact on the future, but there is no guarantee that investing will be successful.