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. You mentioned different methods of investing in Bitcoin. But among all of them, DCA seems to me to be the only investment method. Moreover, all the other methods seem a little difficult and confusing. I can't say that anyone except the owner of a billion or very large company can invest patiently in the lump sum method. Because the Bitcoin market is always fluctuating. So if a common person invests a lot at once, he will be afraid when the price drops. That is normal.
And if someone stops investing in the hope of buying dips, then I think he is not a real investor. Because buying Bitcoin at a low price and selling at a high price is a sign of a trader. If someone waits for a low price, he will never be able to buy Bitcoin. Because if the price drops again after investing at a low price, he will feel a loss and sell the investment.
So I think the only way to invest is DCA.
DCA strategy is the mostly discussed strategy on this thread so i will not blame you if you think DCA is the only strategy used in accumulating bitcoin. There are three strategies you can use to accumulate bitcoin, and they are DCA strategy, buying the dip strategy, and lump sum strategy. Why it seems DCA strategy is the only bitcoin investment strategy is because DCA is the mostly discussed and adopted strategy because it gives both rich and poor investors a chance to start bitcoin investment even if bitcoin price is $200,000. There's no bitcoin strategies that is difficult to use in accumulating bitcoin, and if you know you can't make use of lump sum and buying the dip strategies to accumulate bitcoin, you better stick with DCA strategy so that you will not mess up your bitcoin investment.