Are you planning on selling on the way up between $150k and $200k and maybe higher? Will you still have BTC if the price goes to $300k? I anticipate that I will have more than 95% of the same stash that I have now if BTC prices go to $300k..and maybe that is not a good idea...
I've changed my mindset when it came to my investments, I've divided my DCA amount into two parts, one that I sell for profit and other that I hold for long term no matter what happens. Let's assume I'm doing DCA of $500 or $1000 into Bitcoin during the dips then instead of doing it in one part I'm doing it in two parts, one with which I take profits and the other for long term holding. For me those dips are just opportunity to add more Bitcoin to my stash, I'm not someone who sells his holdings when price goes under a correction. So even if Bitcoin goes all the way back to even $60k I won't be selling my holdings. But surely when market gets very bullish and makes a new ATH then at that time I do sell the 2nd part which's meant to take profits in order to be able to accumulate more.
When I referred to majority I was generally referring to the weak hands who can't hold their coins when they see market going down. Those weak hands in panic start selling their Bitcoin during the dips while the ones who understand the market buy those dips and hold their coins for better long term profits. Although, I'm firm supporter of long term holding but still it makes sense to sell some part of the holdings when profit is good and enjoy our life with the profit that we get. Life is short and so is youth, in old age even if we own $1 Billion or more than that we still won't get our youth and the enjoyment of life that we can in our young days.
Aside from those, I believe at current market condition it makes sense to accumulate when Bitcoin dips below $100k, because anyone who has firm belief on Bitcoin will most probably find that as the best opportunity of his/her life because this will be most probably the last dip of this cycle and after it most probably there'll come another phase of bullishness and during that phase I believe Bitcoin could somehow cross $150k mark, most possibly it can. However, most of us know that crypto market is quite unpredictable and anything can happen anytime. In that case the ones who've bought during the $80k's or during $70k's should most probably hold their coins for long term, at least for a decade or two. As a Bitcoin investors only those ones win who hold their coins for long term not the ones who don't hold their accumulation. I'm going to hold 50% of my Bitcoin stash for at least 10 to 20 years and most probably throughout all those years I'll be increasing the accumulation by doing DCA+DIP buying strategy.