Should You Buy the Bitcoin Dip?
"Buy the dip" is one of the most common Bitcoin strategies — buy when the price drops.
Buy Bitcoin in Canada →What "Buying the Dip" Means
When Bitcoin's price drops 20–30% or more from a recent high, some investors see it as a buying opportunity — a chance to acquire Bitcoin at a discount.
Example: Bitcoin was at $130,000 CAD. It drops to $90,000. "Buying the dip" means purchasing at $90,000 hoping it recovers.
Does It Work?
In a Bull Market
Yes. In long-term uptrends, dips have historically recovered and made new highs.
Buying dips during 2020–2021 and 2023–2024 was profitable for those who held.
In a Bear Market
No. What looks like a "dip" can continue falling 70–80%.
The 2022 bear market saw Bitcoin drop from $90,000 CAD to under $20,000 CAD.
The problem: You can't reliably tell the difference in real time.
DCA vs Dip-Buying: Which Is Better?
Research consistently shows that for most investors, dollar-cost averaging (fixed amounts at regular intervals, regardless of price) produces better risk-adjusted returns than trying to time dips.
The Canadian Practical Answer
If you're buying Bitcoin for the first time or building a long-term position: DCA is better than trying to time dips.
Buy a fixed amount weekly or monthly, forget about the price, and let time do the work.
If you're an active investor with strong conviction and deep knowledge of market cycles, buying significant dips during established bull markets can amplify returns — but comes with real risk of mistiming.
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See also: Dollar-Cost Averaging Bitcoin Canada | Bitcoin Price History Canada | Buy Bitcoin in Canada