People who consider bitcoin to be too expensive don't understand bitcoin, and even if they end up buying on the dip, they will end up selling way too much too soon.
I think this happens more to newbies. Maybe after getting an idea about Bitcoin, they think the current price is expensive after seeing the past price of Bitcoin. Actually, Bitcoin has never been expensive, Bitcoin has not been expensive in the past and Bitcoin is not expensive in the present either, because the price of Bitcoin will not remain stable here, but rather the price of Bitcoin will increase a lot over time. Now those who think Bitcoin is expensive should gain proper knowledge about Bitcoin, because if they do not have proper knowledge, they will not consider Bitcoin trustworthy. You have to invest in Bitcoin with trust and hold it.
Not only newbies have this mindset of not buying bitcoin at the bull run and say that's expensive. Even old forum members also have this mindset because they are more focused on buying and the bear market and sell at the bull run. Such people are only traders and will regret their actions in future when they will be left with very little bitcoin and miss out from the compounding value of their portfolio. They fail to understand that the bitcoin that you bought when the price was $17k in 2022, cannot be bought for such amount again after they sell it. You buy bitcoin for higher amount overtime because the price keeps on increasing overtime.
It's really a wrong mindset to be playing such a game with your bitcoin instead of just constantly continue buying ongoingly for 4-10 years and above for your future. This is why you need to have a long-term investment mindset in the beginning of your bitcoin investment and set a bitcoin target to accumulate.