Before starting bitcoin journey for example a newbie must be fully aware about the kind of investment they’re going into, using money meant for important needs to invest is a mistake done by most newbies yet this kind of mistakes are very rare as a result of learning about the basic knowledge first before investing will help prepare an investor towards their long term journey. Whenever the market experiences a dip, generally those who are financially capable intend to buy bitcoin using large quantity basically they prepared towards this event buying the dip so all they have to do is take advantage, accumulating aggressively during the dip is not compulsory especially when the fund is not available rather continue buying bitcoin using the dca strategy.
Even if a person is financially capable, it is never right to wait for a fall. We should always continue to buy continuously. If a person buys continuously using the DCA method and then waits for a fall, then this is also a bad decision. Because you have money, it means invest immediately. It is never right to wait for a fall.
Well, there might be instances where an investor has a robust finance that allows him to try out multiple of strategies that might still incorporate both buying the DIP when there's the need to and still retaining the normal DCA plan one has been working with. If an investors budget can effectively allow for such, then why not, it's possible to plan for the DIP and still buy with it, but it should be that you're not using that as an excuse for not being consistent with your buys.
The simple rule is to do what works for you and ensure you're following it up to the latter and that you're building your portfolio to becoming stronger and stronger through the process. In most cases, waiting to buy the DIP most expecially if you're just a retail investor that has a limited budget always stands to keep you limited from reaching your goal fast enough. That's the constraint that comes with it and the reason why it's not the best to opt for buying the DIP when you can DCA and still get the opportunity of buying at different prices along your DCA phases.
Those who have a lot of money can invest in different ways if they want. If they do not invest in the right way, there is a high possibility of loss, so everyone should invest in all safe ways. There are many who will not have any problem if they lose a few thousand dollars. Many of them invest in many ways for experimental reasons. But those whose income is limited and only a little money survives as discretionary income at the end of the month. It is never right for them to invest in this way. They should invest in the safest way. Because if they lose even a little money from their limited income, it will have a very bad effect. But many who have limited income want to become rich quickly, so they are more likely to make mistakes. So even if they have a lot of money, everyone should invest in the right way. I think investing in Bitcoin with discretionary income according to its DCA method is the right way.