Why do people say buy the dip?

Have you ever heard the phrase "buy the dip" in the world of cryptocurrency and finance? It's a commonly used strategy among investors, but why do they say it? The concept behind "buy the dip" is that when the price of an asset experiences a temporary decline, it presents a buying opportunity for investors. This strategy assumes that the asset's fundamental value hasn't changed and that the decline is merely a temporary setback. By buying during the dip, investors hope to capitalize on the eventual recovery and reap the rewards of a higher price in the future. But is this strategy always a good idea? Let's dive deeper into the pros and cons of "buy the dip" and why people say it.