Apologies if this comes up a lot (as I'm sure it does) but when / how often do you feel is best to buy the dip?
I know its not an exact science but I've heard a few different preferences on this such as:
- When the price decreases x% on the weekly/monthly candle
- When the price moves below the weekly/monthly negative average
- Only a couple of times a year after a major correction
- Just look at the chart and go on your experience / gut
These criteria is good but I think it's been good to buy when the price goes down because we all know that this criteria is good enough. Buying in low price is good to have profit. And no one can predict the price so we must be updated about the price.