Re: Buy the DIP, and HODL!

That should be true, but I think some investors who intend to hold Bitcoin in the long term also often look at Bitcoin price movements to be able to enter at the lowest price to get the best price so they can accumulate more Bitcoin and I think that's not wrong even though an investor also uses the DCA strategy to accumulate Bitcoin, but sometimes when the price correction is very deep, someone will change the strategy so that they can be more profitable by buying Bitcoin in larger quantities than usual.

Those who want to hold Bitcoin for the long term never look at the price. They always look at how quickly they can enrich their Bitcoin portfolio. Because they always think that the price of Bitcoin today may not be the same tomorrow. They never calculate daily profit/loss, weekly profit/loss or monthly profit/loss in this way. Their goal is long-term. They think about where they want to be in Bitcoin after 10 years, 15 years or 20 years. Today the price of Bitcoin is $115,000, if tomorrow this price drops to $100,000, then they never regret their previous purchase, but rather they choose this as a buying opportunity because the price is currently falling and they buy as aggressively as possible and increase their Bitcoin portfolio. Because they have confidence in Bitcoin, they have understood that no matter what the price of Bitcoin is today, in the long term, i.e. after 10 years, 15 years or 20 years, its price will be several times higher than its current value.
Therefore, investors who are confident in Bitcoin, i.e. Bitcoin real investors, never look at the price of Bitcoin, but when they have a reasonable income to invest in Bitcoin, they invest in Bitcoin with it. And if the price drops, they take it as an opportunity to buy, if possible, and if they have a separate fund to buy aggressively, they invest at that moment.

I think it is wrong to say that long term holders are always looking for ways to quickly enrich there portfolio. It is mostly those with short term motive , that is those that wants to make quick profit that thinks they can be able to enrich there portfolio within a short time and then cash out or start taking profit from there investment.
Long term holders understand the importance of consistency as regards building a better portfolio in bitcoin. Trying to enrich one portfolio quickly is majorly the behaviour or attributes of short term holders or traders

Long term holders still care about price action not because they are trying to time the market perfectly, but because smarter entries mean stronger positions . even with a DCA strategy, it makes sense to adapt when there is a major dip. if the the fundamental have not changed and the conviction is still there buying more during deep correction an be very strategic move

You are making a good point, perhaps not explaining it well, having a good price in mind, maybe with your target entry point within your buying period is not entirely bad, but you must be aware that you can either achieve it or not and the outcome should not affect your final purchase within that period.

Take for example that you are a weekly buyer and you've your buy amount from your discretionary income present earlier in the week, you can set buy orders in the exchange to try out your luck and buy at cheaper prices, if the price cuts across your already set buy orders, your orders are executed and you've bought bitcoin, but if by the end of the week and your orders or some of them do not get executed, to fulfill your weekly buy obligation, you should buy at any price you meet before the weeks elapses and add to your holdings.

Again if you've the intention of lump summing during the dip, then you may consider DCAing 80% of your regular buy amounts into bitcoin and saving the 20% consistently with the view of buying the dip, hopefully before the dip you're expecting shows up, you must have saved a good amount from the 20% you save consistently, that way you can be able to fulfill your intention of buying more during the dip by lump summing on your chosen dip.

The takeaway is that your targeting dips should not interrupt your regular buys, the two can coexist and help you achieve more success in your accumulation journey.