Re: Buy the DIP, and HODL!

It actually depends on your preference, your situation in life, your age, your marital status, and other things that may or may not make you more comfortable in a particular strategy.

There's also the timing, luck, and which part of the cycle Bitcoin is currently in. I admit that I merely got lucky with the timing in 2019. I had the savings, and I had NO responsibilities/distractions.

Though it's quite cool if you can get Bitcoin at a cheaper rate, but timing the market before making a purchase is what am not a big fan of, because the possibilities are high that you might just be wasting your time in your accumulation journey.
Additionally, you might encounter a very good price to buy, which might be a dip, but greed of wanting more might set in, am you may not buy them, hoping that it's going to drop even further, which might makes you miss that buying opportunity, so it's because of these i just don't feel ok timing the market because that's what traders do, not investors like us

It is impossible to determine the price of Bitcoin, whether the price of Bitcoin will be good for you at the present time or not depends on you. If you have full confidence in Bitcoin and believe that the future of Bitcoin is bright, then you will be interested in investing in Bitcoin. If you consider the history of Bitcoin, you will understand that Bitcoin has increased in value more than we feared. If you wait for a fall to invest in Bitcoin, then this is a bad habit and you will continue to increase this bad habit, so get out of the bad habit. However, for you, investing in the DCA method will allow you to continue investing for a long time. On the other hand, you can invest without paying attention to the market because then your goal will be to invest in Bitcoin and do it for the long term.

Bitcoin price is hard to predict, I would say it depends on personal belief in its future. Bitcoin historical growth has shown potential in it, and its volatility has rewarded so many long term holders with its value surging from cents to tens of thousands over decades. Although profits are not guaranteed in bitcoin even when hold for long term. So we should always invest what we can afford to lose, then staying staying disciplined with DCA strategy rather than chasing the dip will align with holding for long term and help us avoid the trap of speculative trading habits.

Anyone trying to predict the Bitcoin price and keep waiting for the price to drop to it level of prediction is like a gambler and truth about gamblers is that they always fail and they are always dependent on luck, so there is no assurance that what they predict about Bitcoin will happen. If that is the case, why are they wasting time trying to time the Bitcoin price before they enter to buy? It is very clear that this is a wrong idea. So, it’s better to stop deceiving themselves by waiting for a dip when there is DCA, a strategy for accumulating Bitcoin. With this strategy, someone has the opportunity to buy Bitcoin at different prices, whether they buy weekly or monthly. Those who are always chasing the dip often end up with regret because, while they are waiting for a dip, it’s possible that the Bitcoin price will continue rising.