Buy The Dip
Buy an asset at a low price
Example
I have a great feeling about them. Be sure to buy the dip. Trust me
Related Slang
BTD | Buy the dip |
BTFD | Buy the freaking dip |
NYSE | New York Stock Exchange |
HFT | High-frequency trader |
Meme stock | A stock hyped on social media |
Stonks | Questionable or meaningless financial gains |
USD | United States dollars |
Retail investor | Individual, non-professional investor |
Bullish | Positive outlook |
Diamond hands | To hold a stock through losses |
Crypto | Cryptocurrency |
"Buy the dip" is a financial strategy that involves purchasing an asset, such as a publicly-traded stock, when it dips in value. The reasoning behind this tactic is the hope that the asset's value will rebound and increase, making the investor money.
You can apply the "buy the dip" strategy to any item whose value fluctuates, such as real estate or commodities. However, it is especially pertinent to the stock market and cryptocurrencies.
Financial traders use "buy the dip" as a mantra for value investing — getting good deals on stocks after their price has dropped. Buying the dip can be a very lucrative strategy if you can time the market well and predict the direction of a stock or cryptocurrency. But if you're wrong, you may lose a lot of money.