Post
Topic
Board Bitcoin Discussion
Re: What does it mean to buy on the Dip?
by
figmentofmyass
on 24/12/2018, 23:44:08 UTC
when the price is falling like this then we have to buy as much as possible, so when the bull run occurs we will get huge profit.

i suggest everyone read this thread: To All You Guys Who Keep Telling Everybody to BTFD

the usual understanding that noobs have is what you said: "if price falls, buy!" ideally, investors should enter the market with a bit more precision. if you immediately buy into a crash, chances are that price will go lower than your buy-in. possible a lot lower. noobs often buy near the top and sell near the bottom for that reason.