No matter how you want to analyze it, waiting for the Dip before buying bitcoin is not a good strategy to accumulate bitcoin. Buying through the dips is a good strategic opportunity to accumulate bitcoin but waiting patiently for bitcoin to Dip before buying is absolutely wrong. Yes it is wrong because it is impossible to know exactly when the next Bitcoin Dip will happen and just like you have already stated that"no one can do perfect timing" of the market . Secondly while waiting for the Dip before buying bitcoin will affect your consistency in accumulating bitcoin and may also cause you to miss good viable opportunities in the market that you should have utilize in grow your portfolio. So it is better you stop waiting for the Dip and start buying bitcoin when your discretional fund is available .
Waiting on dips is a strategy for traders not for investors. Investors shouldn't see it as a primary strategy for accumulating Bitcoin, if not they will end up not accumulating any substantial amount at all. When you are investing in Bitcoin waiting for the dip is like waiting for a perfect time to buy Bitcoin but there isn't a perfect time at all. Our primary investment strategy should be either buying through dca or lump sun. And perhaps any other strategy that fosters accumulating and that dont requires you waiting for the price. While buying on dips should be like a top up strategy for times when you have enough more discretionary income to invest with.
Buy every dip for me means that you should buy now if you have the fund because sooner or later the price you're buying now will eventually become dip. Someone in the future will be waiting for Bitcoin to dip to that amount before buying. It means that at whatever price you buy today will be considered as dip in the future so why wait for more dip when you know that Bitcoin will always reach new ATH. If your goal is to buy and hodl for the long term which you know that Bitcoin has the potentials to always increase on the long term and be profitable then there's no need to wait for further dip before buying and continue to buy.
I agree with you, a responsible and real Bitcoin investor never waits for a DIP to invest.
He continues to buy consistently, seeing every moment as the best opportunity to buy, which results in their portfolio being built at a high price.
, where you should not worry about the price.
Bitcoin fluctuations are very natural, the more you worry about it, the more confused and behind you will be in investing.
In fact, if you want to achieve success from investing, you must maintain a long-term mindset, and completely ignore the market fluctuations.
Those who can be consistent in buying here, that is, never waiting for less, buying immediately when there is money, are the truly responsible investors.
And their chances of success are certainly very deep, so it is important to have faith in Bitcoin here, so that you do not panic during instability and can be consistent in buying.
For those that are new into bitcoin investment that is low coiner or no coiner there main focus should be on continuous accumulation of bitcoin using DCA strategy in other to be able to build a good portfolio in bitcoin. However this is not the same with old timers, there are people who has been accumulating and holding bitcoin for like 10yrs and there portfolio are in good shapes that is to say that they have reached the point that there bitcoin holdings is in good position. So even if they are not being consistent with there accumulation journey it may not really affect there holding, I believe being consistent should be the focus of no coiner and low coiner and those with low discretionary income.