I understand your confusion. However leet me try to break it down in the simplest way I can..... There are different methods people use to accumulate Bitcoin, some of this methods includes
- DCA (Dollar Cost Averaging): When you buy a fixed amount of Bitcoin at regular intervals, no matter the price.
- Buying the Dip: Here you wait for price drops and then buy more when Bitcoin is more cheaper.
- Lump Sum: You invest a large amount into Bitcoin all at once.
- Earning of Bitcoin: Through work or services( like earning through the signature campaigns and so on) or any other means instead of buying.......etc.
Your whole point is very well put. But you said "Buying dips: Here you have to wait for the price to drop and then buy more when Bitcoin is cheaper." I feel a little confused about this sentence.
As far as I know, buying dips is not for an investor but for a trader. No I think that you are getting it wrong here buddy, buying the dip is not specify for a trader or an investor, it's very good to buy and accumulate Bitcoin aggressively during the dip, what's bad is waiting for the dip.
So If you want to accumulate Bitcoin through the dca accumulating strategy, it's best you buy continuously and consistency, and if their is a dip in the market, you may decide to buy aggressively then, only if you have the reserve funds to make it happen, but waiting for it before buying is what is greatly discouraged because you may miss a whole lot of buying opportunities that would have been used to buy more and add to your holdings.