Does “Buying the Dip” Work For Bitcoin?
We’ve covered that “buying the dip” is a sub-optimal strategy for purchasing stocks. But would it work for Bitcoin?
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buy the dip
Reminder: It’s Dumb to “Buy the Dip”
Like birds chirping at the rising sun, investors tweet “buy the dip!” at the first hint of the stock market dropping. While it makes sense at first blush, this is a losing investing strategy. Let’s discuss why.