I find it so surprising when I see people so eagerly "buying the dip" and feeling so happy about it, when the price drops a bit.
So, let's say one has $1000 and he "buys the dip" ($112k) ---> 0.0089 BTC.
And then there's OG Saylor who "buys now, whatever the price" ($117k) ---> 0.0085 BTC.
Then Bitcoin goes to $1M.
"Buy the dip" guy: $8900
OG Saylor: $8500
Is $400 so important in a $7500+ profit?
I think the best advice for no-/low-coiners is to "buy when you can, market price, whatever the price, don't wait for a dip (which may never come)".
Worked fine for me.
Which is DIP?
When Bitcoin lost its value above $60,000 in 2022 and reached close to $15,000, wasn't it still a DIP?
When Bitcoin was at $60,000, people were still saying they would buy it at DIP, but they still didn't buy it.
They waited longer, but the price of Bitcoin also increased day by day. When Bitcoin reached $124,000, they still thought about buying it at DIP. Yes, today may have been the last DIP price for Bitcoin, but they couldn't buy it today.
In fact, ants can't figure out which is the correct DIP.
When Bitcoin was first introduced, when the price of Bitcoin was very low, people thought it wouldn't last long.
Around 2020-2021, they thought it was too late to invest.
In 2022, they thought it would lose more as it was losing value.
Now, they think it is very valuable, so it's not a good idea to buy it now.
Ten years from now, their children or grandchildren will ask them, "Did you not know about Bitcoin when you were there?" If you did, why didn't you buy it?