It's a good strategy, but that's not DCA. The whole idea of DCA is set it and forget it. You don't know if the price has dipped or not. You just buy no matter what. If the price dips, you automatically buy more Bitcoin because you're putting the same number of dollars into it. If the price is up you automatically buy less, because you're putting the same number of dollars into it. You accept that you're probably not following the optimal strategy, but you don't care because you're consistently accumulating and you don't have to worry.
Some might say, and I might agree, that the best move is to DCA a certain amount, like for example $5 a day, and then you keep some extra cash on the sidelines ready to go for dip buying.
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