True Man, chasing that so called perfect dip is one of the quickest ways to miss out in Bitcoin.
What I will say and keep saying is that the whole “I am just waiting for the perfect dip” mindset is one of the most common psychological traps that limited so many person in kick starting their Bitcoin accumulation journey. They tend to convince themselves that they are being patient and smart, but what’s really happening is they are letting fear of buying “too high” stop them from buying at all
Honestly there is no such thing as a Perfect dip that is why the DCA strategy is very important coz it helps breaks that mental loop( of sitting and waiting for the perfect dip). Making use of DCA strategy stops one from being obsessed over when to buy and focus on actually owning Bitcoin over time.
If you want to invest in Bitcoin, it is best to choose a regular time rather than waiting for the price to drop. Because no one can accurately say whether this is the 'lowest price' or whether it will drop further. If you wait for the price to drop further, the price may suddenly increase again, and you will be afraid to invest even if you want to.
Therefore, if you can buy regularly by adopting the DCA method instead of waiting, there is less mental stress and you can move forward with time.
And if the time comes to buy a dip in this way, the investor will get the opportunity to buy more. Therefore, if you invest little by little continuously instead of waiting to build a good portfolio, there is a chance of success.