Cryptocurrency Q&A What is it called when you buy the dip?

What is it called when you buy the dip?

StarlitFantasy StarlitFantasy Mon Aug 26 2024 | 7 answers 1384
Excuse me, could you please clarify what is meant by the phrase "buy the dip" in the context of cryptocurrency and finance? I'm curious to know if it refers to a specific strategy or action that investors take when the market experiences a temporary decline in prices. Is it a common practice among traders, and if so, what are the potential benefits and risks associated with this approach? What is it called when you buy the dip?

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