Buy the dip is a common phrase investor and traders hear after an asset has declined in price. They are buying when the price drops in order to profit from a potential future price rise.
It is a phrase and exclamation by supporters of a cryptocurrency to buy while prices are at a low point. Buy The Dip (BTD) is the motto for cryptocurrency bulls, it implies that any dips in the price of your favourite coin should mean only one thing: itβs time to buy more.
In theory, being committed to buying the dip allows one to leverage the inevitable and frequent, but temporary drops of cryptocurrencies.