Most people prefer to buy when prices are rising and dislike buying when they are falling. When the market drops, it feels like a deflated balloon; doubts start to creep in, thoughts of cutting losses arise, and there’s a sense that the bull market is over. This kind of mindset will earn money only 1% of the time.

A bull market doesn’t just keep going up; there are many adjustments in between. I don’t know if this adjustment is significant or minor, but what I do know is that buying on dips is fine if prices have dropped enough!