Buy the crypto dip? Or wait for it to dip more?

I think in the end it depends on your risk tolerance and allocation. If you are cool with only a maximum of a 3-5% drawdown in your portfolio and the volatility of crypto fluctuates about 30%. It would be a good idea to keep your Crypto allocation between 5%+/- a bit.

But how i scale in is to buy less on the way down up to a certain weightage say 2% of the portfolio. Once/Should a reversal occur(thats where the technical analysis comes in handy), you can further scale in to increase your weightage. Hope that helps