buy the bottom don't buy the dips
Lol. I think everyone would do this IF they could easily tell the difference between a dip and THE bottom. In practice, very few traders ever get this one right--and that's not surprising, since nobody I know of has a functional crystal ball.
When I took corporate finance in college (one of just a few economics classes I elected to enroll in), one of the major points was that for riskier assets, a higher rate of return is expected. That makes sense. That's why a savings account in your local bank doesn't pay a lot of interest. That's why junk bonds pay such a high interest rate. It's been a long time since I took that course, and I don't know exactly how this principle applies to bitcoin, but it's definitely high-risk. It has the potential to be high-reward, but that certainly isn't guaranteed.
This would always be the question since from the beginning when we do engage into these kind of markets where prices do moves out. Neither on forex or on crypto. Identifying dip and bottom would always be questioned since no one can able to predict on what are the things ahead. Most of us do know between the risk=reward ration on crypto market even we do know it do have the higher risk but we do still continue to engage because of the probability on hitting up profits which cant really be find into other traditional investments.