If you have fiat set aside for buying dips then you can of course take advantage of continuous dips and buy.
Never panic and sell in a downturn though, always stay strong and HODL until you are planning to sell. Don’t act on impulse caused by short term fear.
Of course, investors should set their plans to buy more bitcoins while in DIP. Every DIP is an opportunity for investors to take more profits if they can make full use of it. It also recommends taking care of holding during bullish periods, which is long-term holding regardless of price.
In theory, the way to make a profit is to buy low and sell high, and that's why people often advise buying every time the market corrects. But I think to do those things is not easy. To be able to confidently buy DIP we need to have enough faith in bitcoin as well as the ability to accept risks.
Why do I say this? Because as I see it, many people always want or hope that bitcoin will decrease whenever bitcoin increases too quickly, but when bitcoin adjusts, they are the ones who do not dare to buy bitcoin. Like the recent correction when bitcoin dropped to 52k USD and that was a potential buy point but many people did not dare to buy and waited for bitcoin to fall further. Currently, bitcoin is trading above $67k and ironically, those who did not buy at $52k are expecting it to correct to buy. It seems easy to say, but how many people are brave enough to buy DIP?
Its indeed the basic but there are tons of people who do really fail on doing so. Why? because of emotions and having that derailed plans and analysis that they had set out earlier. It is really just that there are people who do easily get panicked on the time that the market would really be having those corrections or decrease. Somehow it would really be that normal since we are just human beings on who dont really like on losing money.
On the time or moment that you are seeing your portfolio is going down then it would really be that a very common reaction. To those people who do have that sufficient experience on how market works and be able to apply that buy low and sell high then they are the ones who do make out DCA or buybacks on the time that the market would really be having those corrections.
If there's a continue dip then it would be normal that it will really be giving out that kind of negative vibe, specially if you are someone who dont have that sufficient experience towards this market then you would
be having those kind of emotional reactions on which its pretty normal but on the moment that you had already some enough experience about on how this market works or behaves then
you wont really be finding yourself that being that too highly reactive.