If you are confused if now is the right time to buy then just buy, since you know that in the long run it will be profitable but if you are not confident enough to buy now, it is also up to you, it is your money anyway. Either way, I would not want to buy right now because there is probably another dip or two that will occur later this month so I will buy in case that happens.
RE: The august 1st BTC fork FUD and why this is good for Alts