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Lump sum is when an investor buys a large quantity of bitcoin at once when his money is readily available, while buying the dip is when an investor already have the money to buy the dip, but he's only waiting for the bitcoin price to drop so that he can activate his buy. Lump sum and buying the dip are not similar. Any investor who is waiting for the bitcoin price to drop so that he can buy bitcoin with lump sum strategy is buying bitcoin with the buying the dip strategy.
Usually, people who frequently wait for a Bitcoin price drop to buy Bitcoin are not considered investors; rather, they are more commonly referred to as traders, as they have no guarantee of holding Bitcoin long-term after successfully buying Bitcoin at a dip.I am getting a bit confused with this your statement, because from what I have read in this thread since I joined this forum, I learnt that both investors and traders have the liberty to use both the dip strategy, but what distinguished the investors from the traders is that the investors don't wait for the dip. Secondly that investors can also use the dip strategy to front load their portfolio once their is an opportunity of dip in the market, especially if the investor has gotten to a certain stage of his accumulation journey were he feels he has accumulated a substantial amount of bitcoin that has satisfied him and such an investor don't want to be as aggressive anymore as he was when he was starting his accumulation, he now resolved to adding more to his portfolio when there is a dip and he is still determined to hold for the long term. Will such an investor be considered a trader, judging by what you said above.