INVESTOR WARNING Will Crypto Recover Buy the Dip or Hold Your Coins

Buying the dips is as simple as it sounds: purchasing an asset when its price has dropped. The goal is to sell it later when the market corrects itself and prices rise again. Methodically speaking, there's a lot more that goes into manipulating the crypto dip.Show more

There are many things to consider, such as when is the best time to buy, which coin to get, and how much of it. Not all crypto dips guarantee a profit, even if there was a persistent uptrend before whatever happened that brought it down. Think of it as a bargain and not free real estate. Buying the dips applies to all things.

The concept existed long before stocks and cryptocurrency became the norm. A Black Friday sale is considered buying the dip. Snagging that 70-inch TV that you don't need at a 25% price is a bargain. You can then sell it to your uncle Tom who doesn’t have a TV at 50% price and make a profit.

The problem is if uncle Tom happened to have already bought a TV, you'd be stuck trying to get rid of it some other way. A few days later, if the store decides to sell all TVs at a 20% price, you'd be out of options.

Welcome back to the Core Finance channel. Stay with us until the end of the video and find out why you should or should not buy the crypto dips. Also, see if the cryptocurrencies will recover. Like and subscribe to our channel and enjoy interesting and diverse content.