Seeing a sea of red after quite awhile, though I don't think this dip has been very crazy yet but I have put some funds into the stock market. Buying the dips is what you frequently hear in both the stock market and also for cryptocurrencies as both of them are dipping. Buying the dip is when investors view this as an advantageous time to buy or add to an existing position which helps lower their average cost hence profiting when the market goes back up. However, with limited funds, what happens if you bought the dip and then it dips even further?
No one can truly time the bottom
You might be able to buy at the bottom for some but it is definitely not possible to buy every single time right at the bottom because no one can predict if the price is really the current bottom. I put some funds in as part of my...