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.
I get that we all Support DCAing as the best method to accumulate bitcoin which it is, but buying the dip is not all ruled out cause it’s bad, it’s also a good buying strategy where it’s bad is when an investor instead of buying regularly decides to save up the money in order to buy lump sum at the dip thereby losing out on a lot of opportunities where he could have accumulated more.
I also want you to correct your statement or impression in bold letters; I don’t see how buying the dip will make you lose money, unless you’re going in for short term, even at that I don’t think any investor who buys the dip will want to sell when price is below what he buys since the goal of buying the dip in the first place is so they can buy cheaper and sell high.