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The "#buy the dip" strategy has become popular during periods of market volatility, such as the 2008 financial crisis and the 2020 COVID-19 pandemic In both cases, markets experienced sharp declines followed by significant recoveries, creating opportunities for those who bought into falling assets It has also become common in the cryptocurrency space, where volatile price movements often present buying opportunities
Emotional Decisions: Buying the dip requires discipline, as emotions can cloud judgment during market downturns.
Buying at a lower price can lead to higher gains if the asset recovers.
DYOR
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