The whole point is to buy at the DIP. That's why we buy when the price drops.
You are getting me a bit confused, if the who point is to buy the dip the what's the point of DCA method that advocate buying at all market conditions when you have money to invest? With all due respect I don't agree with this your statement. I speak on behalf of my fellow newbies who are still getting to understand the concept of bitcoin investment. We were told not to wait for the dip before we can invest. You now saying this is really contradicting everything we have been learning from this place. I beg you in the name of God, don't mislead us further than you are already trying to.
You've been a member here for less than two years, and you're deciding who is a long-term investor and who isn't? Don't make sense to me. Do you even know how many bull and bear markets we've seen here in the past 10 years?
It is not usually how long someone has spent in a place that determine their level of knowledge. I have seen some old men with gray hairs, yet they lack wisdom, knowledge and understanding. Two years is enough for someone to know what is right and wrong in bitcoin investment. So stop using the number of years you have spent here to intimidate people. If you say the wrong thing here people will correct you.
Bitcoin has already fallen. If you're not going to buy at 110k, then at what price will you buy?
I will buy at whatever price I see it when my discretionary income is available through my weekly DCA. Should I go and steal money to buy bitcoin simply because the price is at $110k?