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 BTFDthe 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.
the problem with bitcoin is that the bottom of the dip is never going to be clear. sometimes everything point to a certain price be the bottom and that never ever is reached or sometimes it goes way lower than that! so when talking about "buying the dip" in bitcoin the definition should also be different.
the dip is when you decide manipulation is nearly over and price has a lower chance of going any lower than that. then you just hope it doesn't fall that much.
and everyone's opinion may be different about what the lowest price of bitcoin is. because everyone has their own strategy in technical analysis, but maybe the same. the problem is that prices are sometimes unpredictable, when you are sure the price is at the lowest price, sometimes prices go back down, because of certain trends and news..