Buy The Dip

BTD

1. | strategy

Buying The Dip is an accumulation strategy where one buys a coin after a price decrease - the dip -, in hopes that the sell-off causing the dip was too large and the price will bounce back to a higher value.

Everyone wants to buy the dips - that is where the most money can be made -, but there should always be a valid reason to buy a coin, not just the fact that it's lost value.

2. | strategy

Buying the dip is one form of trying to time the market. And timing the market consistently is very difficult to do.

3. | meme

When a coin drops significantly in price, it's very common for traders to say "Buy The Dip". Sometimes just as a joke, sometimes as serious advice, and often as a way to cope with their loss.

* All terms and definitions will change as the Cryptionary improves