Risks and fear aren't same thing, I know where to put my money so I don't have fear when investing in crypto coin, I have top coins and for new coins I only join IEO on binance launchpad, I always make my profit
Interestingly enough, I found myself fearful when I'm thinking about investing something on the dip, but rationally I understand that it is the right decision.
Considering risks is way more practical than following the fears
tbh it all comes down to your luck anyway, being in the dip or at the bottom doesnt mean it can't go even down further or eventually have no price but if you have the guts to invest and turns out that the price is pumping I'd still consider that as lucky. There's just no clear sign whether something is going to go up or down at that point.