Buying the dip has its bad side and that's unable to predict market movement You buy the dip, it goes dipper. You buy the high, it goes dipper, you convert to usdt, it starts surging ....I quit buying low selling high for now
There are several strategies to this, you can't just buy low because a project dipped in price.
You need to do more researches and also understand the trade charts.
Engaging in more researches equalling helps.
How funny that sound! Serious how many traders, investors do more research when there is a dip in the market? Tell me, will you do more research when eth price dip, or bnb, bch, ltc btc, link, dash.... nobody actually have time to do any research again before buying, this are very easy to say, people hardly ever put them into practice,
In fact, it is because we are still partly on bear market, during the time of bull run, will you do research before jumping into any available dip, the price is not waiting for you, once you miss that opportunity it is gone, I miss opportunity to rebuy bch at $167 and now am hoping it will come back, just hope.
Actually doing research is good in general terms for the small-cap altcoins but it doesn't apply for the large-cap coins and the price fall because of the general market conditions. But regarding some small-cap coins which doesn't recover from the loss permanently and think about USDT which dropped around 0.87 during the issue so those who bought at that made a easy profit so it always depends on the coin and the news which caused the drop which requires some analysis rather than just blind buying